By Akanksha Rana and Tina Bellon (Reuters) – Tesla Inc’s fourth-quarter profit fell short of Wall Street expectations on Wednesday […]
Samsung Electronics sees solid chip demand, stronger phone sales in first quarter
By Joyce Lee and Heekyong Yang SEOUL (Reuters) – Samsung Electronics Co Ltd on Thursday forecast solid demand for its […]
Steven Cohen’s fund Point72 suffers 15% loss amid GameStop frenzy: NYT
(Reuters) – Billionaire investor Steven Cohen’s Point72 Asset Management has suffered a nearly 15% loss this year due to a […]
Facebook scores earnings beat on holiday retail advertising; Apple privacy changes loom
By Katie Paul and Chavi Mehta (Reuters) – Facebook Inc soundly beat quarterly revenue estimates on Wednesday after heavy holiday […]
Facebook investors, shrugging off election woes, look for ‘social commerce’ payday
By Katie Paul PALO ALTO (Reuters) – Facebook Inc may face questions about fallout from U.S. election controversies when it […]
Apple sees revenue growth accelerating after setting record for iPhone sales, China strength
By Stephen Nellis (Reuters) – Apple Inc on Wednesday reported holiday quarter sales and profits that beat Wall Street expectations, […]
Analysis: Chinese retail banks gain consumer lending clout as fintechs fall out of favour
BEIJING (Reuters) – Chinese banks are gearing up to seize back lost business in consumer loans from fintech players like […]
Former CBS shareholders can sue Shari Redstone over ViacomCBS merger
By Jonathan Stempel (Reuters) – A Delaware judge on Wednesday said former CBS shareholders may pursue a lawsuit accusing Shari […]
ByteDance cuts India workforce, unsure of comeback after app ban: internal memo
By Aditya Kalra NEW DELHI (Reuters) – China’s ByteDance is cutting the size of its 2,000-plus India team and is […]