AMD to acquire server builder ZT Systems for $4.9 billion in cash and stock
By Max A. Cherney (Reuters) -AMD on Monday said it plans to acquire server maker ZT Systems for $4.9 billion…
Palo Alto forecasts annual results above estimates on robust cybersecurity demand
(Reuters) -Palo Alto Networks forecast fiscal 2025 revenue and profit above Wall Street estimates on Monday, a sign of growing…
Trump says he would consider ending $7,500 electric vehicle credit
(Reuters) – Republican presidential candidate Donald Trump on Monday said he would consider ending a $7,500 tax credit for electric…
Mars’ biggest deal clinched by secretive, deep-pocketed family
(Refiles to add missing word in paragraph 4) MCLEAN, VIRGINIA (Reuters) – A running joke among residents of McLean, Virginia…
Fed’s Bostic says a ‘little more data’ needed to support cutting rates
(Reuters) -Atlanta Federal Reserve President Raphael Bostic on Tuesday said recent economic data has made him “more confident” the U.S….
Google unveils new phones and other gadgets powered by AI
By Kenrick Cai, Max A. Cherney MOUNTAIN VIEW, California -Alphabet’s Google on Tuesday unveiled a lineup of new Pixel smartphones…
Analysis-US stock turbulence throws spotlight on Big Tech’s valuations
By Lewis Krauskopf NEW YORK (Reuters) – A bruising selloff in U.S. stocks is putting a sharper focus on valuations…
Global economy’s growing resilience at odds with rate cut expectations: Reuters poll
By Hari Kishan BENGALURU (Reuters) – Optimism about global growth prospects this year and next is building among hundreds of…
McDonald’s posts surprise drop in quarterly global sales as spending slows
(Reuters) -McDonald’s reported a surprise drop in quarterly global comparable sales on Monday, as the burger giant struggled to hold…
Abbott shares slide after trial verdict, weigh on rival Reckitt Benckiser
(Reuters) -Abbott Laboratories’ shares fell nearly 7% premarket, while British peer Reckitt Benckiser slumped 9% on Monday, after the U.S….