Mastercard’s profit beats as consumer spending defies inflation worries
By Mehnaz Yasmin (Reuters) -Mastercard reported first-quarter profit that exceeded Wall Street expectations on Wednesday, on higher card spending by…
Updated
IBM wins reversal of $1.6 billion judgment to BMC over software contract
By Jonathan Stempel and Blake Brittain (Reuters) -A federal appeals court on Tuesday overturned a judgment requiring IBM to pay…
Super Micro misses quarterly revenue estimates as inventory up, shares down 14%
By Akash Sriram and Stephen Nellis (Reuters) -Artificial intelligence server maker Super Micro Computer reported third-quarter revenue below estimates on…
Asia’s first spot bitcoin and ether ETFs gain in Hong Kong debut
By Summer Zhen and Samuel Shen HONG KONG (Reuters) -Six spot bitcoin and ether exchange traded funds (ETFs) gained in…
Biden says he plans to debate Trump
By Jarrett Renshaw NEW YORK (Reuters) -U.S. President Joe Biden said on Friday that he would participate in a debate…
U.S. chip bans not meant to hobble China’s growth, Blinken says
By Stephen Nellis (Reuters) – U.S. export controls on sending advanced computing chips to China are not meant to hold…
US Air Force awards $13 billion Doomsday plane contract to Sierra Nevada
(Reuters) -The U.S. Air Force said on Friday that it has awarded a $13 billion contract to Sierra Nevada Corp…
Earnings for Big Oil backpedal as natgas prices tumble
By Sabrina Valle HOUSTON (Reuters) -U.S. and European oil companies reported weaker first quarter results on Friday due to a…
Warren Buffett’s real estate brokerage reaches $250 million antitrust settlement
By Jonathan Stempel (Reuters) – A real estate brokerage owned by Warren Buffett’s Berkshire Hathaway said on Friday it reached…
Microsoft results top Wall Street targets, driven by AI investment
By Yuvraj Malik, Anna Tong and Stephen Nellis (Reuters) -Microsoft beat Wall Street estimates for third-quarter revenue and profit on…