Uber expects strong core profit as ride share, food delivery pick up pace
By Yuvraj Malik (Reuters) -Uber Technologies forecast quarterly core profit and gross bookings above estimates and reported market-beating results for…
2024
Nvidia’s stock market value on verge of overtaking Amazon
By Noel Randewich (Reuters) – Wall Street’s enthusiasm about artificial intelligence has Nvidia on the verge of becoming more valuable…
Chipotle’s quarterly results shine as burrito demand holds strong
By Deborah Mary Sophia (Reuters) -Chipotle Mexican Grill topped market estimates for quarterly profit and sales on Tuesday, helped by…
US power use to reach record highs in 2024 and 2025 -EIA
(Reuters) – U.S. power consumption will rise to record highs in 2024 and 2025, the U.S. Energy Information Administration (EIA)…
Lilly rides wave of weight-loss drug demand, working to expand capacity
By Patrick Wingrove and Bhanvi Satija (Reuters) – Eli Lilly on Tuesday forecast 2024 profit above Wall Street estimates on…
Trump heads to US Supreme Court with a familiar claim: he is untouchable
By Andrew Chung and John Kruzel WASHINGTON (Reuters) – Donald Trump will try to persuade the U.S. Supreme Court this…
Nvidia hits record high as Goldman Sachs boosts PT on AI prospects
(Reuters) -Nvidia’s shares scaled a new peak on Monday after Goldman Sachs raised its price target for the high-flying chipmaker’s…
Caterpillar’s shares hit record high on profit beat, robust demand
By Bianca Flowers and Shivansh Tiwary (Reuters) -Caterpillar beat estimates with a double-digit jump in operating profit on Monday to…
Scorching US economy throws off market’s Fed cut narrative
By Lewis Krauskopf NEW YORK (Reuters) -Robust U.S. economic data is confronting investors with an unexpected question: whether strong growth…
Driverless cars covered 5x more test miles in California in 2023
(This Feb. 2 story has been corrected to remove the word ‘Chinese’ from paragraph 9) By Abhirup Roy SAN FRANCISCO…