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Disney to buy remaining 33% stake in Hulu from Comcast
By Dawn Chmielewski (Reuters) - Walt Disney on Wednesday formally began the process of buying Comcast's one-third stake in Hulu, a deal that will give Disney full ownership of the streaming service an...
Syndicated Content Nov 01, 2023
Walmart pledges $1 million aid for Israel victims
By Siddharth Cavale NEW YORK (Reuters) - Walmart Foundation, the philanthropy arm of the U.S. retailer, has pledged $1 million to an Israeli disaster relief and emergency medical service organization....
Syndicated Content Nov 01, 2023
MetLife beats quarterly profit estimates on robust investment income
(Reuters) - MetLife on Wednesday reported a third-quarter profit that was above Wall Street expectations, as recovery in the U.S. markets boosted the insurer's return from investments. Wall Street has...
Syndicated Content Nov 01, 2023
Roku forecasts strong revenue on subscriber, ad strength; shares gain
(Reuters) -Roku forecast fourth-quarter revenue above Wall Street estimates after posting better-than-expected revenue growth in the previous three months on Wednesday, sending its shares up nearly 20...
Syndicated Content Nov 01, 2023
MercadoLibre’s third-quarter profit soars past expectations
SAO PAULO (Reuters) - Latin America's e-commerce behemoth MercadoLibre reported on Wednesday a better-than-expected 178.2% surge in third-quarter net profit, compared with the previous year, after rev...
Syndicated Content Nov 01, 2023
Qualcomm forecasts beast estimates, shares rise as smartphone slump eases
By Stephen Nellis and Chavi Mehta (Reuters) -Chip designer Qualcomm forecast first-quarter sales and profits above Wall Street targets on Wednesday as a smartphone sales slump finally starts to ease a...
Syndicated Content Nov 01, 2023
Computer-led equity hedge funds beat human stock-pickers in October
By Carolina Mandl NEW YORK (Reuters) - Hedge funds that trade equities using computer programmes defeated human stock-pickers in October by a large difference in performance, according to a Goldman Sa...
Syndicated Content Nov 01, 2023
Pope says he will attend COP28 climate summit in Dubai, a first by a pontiff
By Philip Pullella ROME (Reuters) -Pope Francis said on Wednesday that he will attend the COP28 climate conference starting next month in Dubai, the first time a pontiff will be at the U.N. environmen...
Syndicated Content Nov 01, 2023
SafeMoon executives charged in US with fraud related to crypto token
By Jonathan Stempel NEW YORK (Reuters) - The founder and two top executives at SafeMoon, whose namesake crypto token was once valued at more than $8 billion, have been charged by the U.S. Department o...
Syndicated Content Nov 01, 2023
Shopify merchants seek AI boost for key sales decisions
By Arriana McLymore NEW YORK (Reuters) - A week after e-commerce giant Amazon said it is giving its sellers new generative artificial intelligence advertising tools this holiday season, Shopify has to...
Syndicated Content Nov 01, 2023
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