By Dina Kartit and Elena Vardon (Reuters) -Satellite company SES’s Paris-listed shares slumped as much as 10% on Thursday after […]
China’s memory upstart YMTC edges closer to rivals with 232-layer chip
(Corrects Reuters Instrument Code in paragraph 10) By Josh Horwitz SHANGHAI (Reuters) -Chinese chipmaker Yangtze Memory Technologies Co Ltd (YMTC) […]
Latam’s MercadoLibre profits soar, company plans growth
SAO PAULO (Reuters) -South American e-commerce giant MercadoLibre Inc reported on Wednesday that its second-quarter net income rose 79.8% year-on-year, […]
Robinhood CEO rejects prospect of deal as shares trade higher on earnings
By Manya Saini and Hannah Lang (Reuters) -The chief executive of Robinhood Markets Inc on Wednesday dismissed the idea that […]
EBay’s luxury focus drives earnings beat as consumer spending slows
By Yuvraj Malik (Reuters) -EBay Inc beat second-quarter earnings estimates on Wednesday as the e-commerce company’s focus on selling luxury […]
Chip makers have a message for car makers: Your turn to pay
By Jane Lanhee Lee, Sarah Wu and Kevin Krolicki (Reuters) – The shortages of computer chips that forced global automakers […]
Elon Musk’s Twitter countersuit due by Friday as acrimony grows
By Jonathan Stempel (Reuters) – Twitter Inc and Elon Musk, who are suing each other over the world’s richest person’s […]
U.S. ITC investigates video device makers over alleged patent violations -statement
WASHINGTON (Reuters) – The U.S. International Trade Commission said on Wednesday it would investigate companies including Lenovo and Acer after […]
EV maker Lucid halves 2022 production forecast as supply chain snarls hit
(Reuters) – Lucid Group on Wednesday halved its production forecast for electric vehicles, blaming extraordinary supply chain and logistics challenges, […]
Telecom Italia trims expected 2022 core profit drop
(Deletes repeated word in paragraph 11) By Elvira Pollina MILAN (Reuters) – Telecom Italia (TIM) has trimmed its expected profit […]