Goldman Sachs raises end-2025 gold price forecast to $3,300 per ounce
(Reuters) – Goldman Sachs on Wednesday raised its end-2025 gold price forecast to $3,300 per ounce from $3,100, citing stronger-than-expected…
Business
Lululemon sees weak annual sales, profit as newer styles fail to draw in shoppers
By Neil J Kanatt, Anuja Bharat Mistry (Reuters) -Lululemon Athletica forecast annual revenue and profit below estimates on Thursday as…
Nvidia CEO says orders for 3.6 million Blackwell GPUs exclude Meta
(Reuters) -Nvidia CEO Jensen Huang said on Wednesday that orders for some 3.6 million of its flagship “Blackwell” chips from…
Panama Canal weighs pipeline to move gas, with eye on Asian clients
By Elida Moreno PANAMA CITY (Reuters) – The Panama Canal is exploring the construction of a pipeline to move liquefied…
Barrick says ‘committed to reaching a mutually beneficial resolution’ in Mali
By Portia Crowe (Reuters) – Barrick Gold remains “fully engaged and committed to reaching a mutually beneficial resolution” with Mali…
US authorities begin releasing some seized cryptocurrency miners, industry executives say
By AJ Vicens and Raphael Satter DETROIT (Reuters) – U.S. authorities have in recent weeks begun releasing seized Chinese-made equipment…
Amazon’s cloud business to invest $8.2 billion in Indian state in coming years
(Reuters) -Amazon’s cloud services provider, Amazon Web Services, will invest about $8.2 billion in India’s western state of Maharashtra over…
Analog Devices beats first-quarter revenue estimates as chip demand recovers
(Reuters) – Analog Devices topped first-quarter Wall Street expectations for revenue and profit on Wednesday, driven by a recovery in…
Weight-loss drug developer Metsera reveals wider loss in US IPO filing
(Reuters) -Weight-loss drug developer Metsera, backed by ARCH Venture Partners, revealed a wider loss in its paperwork for a U.S….
US proposes payment rate for 2026 Medicare Advantage insurers
(Reuters) – The U.S. government on Friday proposed 2026 reimbursement rates for Medicare Advantage plans run by private insurers that…