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May 7, 2024
Lyft forecasts strong quarterly earnings as ride-hailing demand picks up
By Yuvraj Malik (Reuters) -Ride-hailing company Lyft projected higher-than-expected gross bookings and core profit for the current quarter on Tuesday,…
Rivian sticks to production forecast below Wall Street targets
By Akash Sriram and Abhirup Roy (Reuters) -Electric-pickup maker Rivian on Tuesday stuck to a 2024 production forecast well below…
Saudi Aramco maintains $31 billion dividend despite lower Q1 net income
By Hadeel Al Sayegh DUBAI (Reuters) -Saudi Arabia’s state oil giant Aramco expects to pay $31 billion in dividends to…
Apple working on AI chips for data centers, WSJ reports
(Reuters) – Apple is developing its own chip to run artificial intelligence software in data centers, the Wall Street Journal…