Category Archives:
Meta's profit hit by about $16 billion one-time tax charge, shares fall
(Reuters) -Meta recorded a nearly $16 billion one-time charge in the third quarter related to U.S. President Donald Trump's Big Beautiful Bill, and said its capital expenditure next year would be "not...
Thomson Reuters 26m ago
ServiceNow raises annual subscription revenue forecast as AI demand surges
(Reuters) -ServiceNow raised its annual subscription revenue forecast on Wednesday, driven by growing demand for its artificial intelligence powered software solutions. Enterprise clients turn to AI-p...
Thomson Reuters 29m ago
Chipotle cuts annual sales forecast again
(Reuters) -Chipotle Mexican Grill on Wednesday slashed annual sales forecast for the third time this year, signaling that even its typically affluent diners are cutting back on eating out amid mountin...
Thomson Reuters 30m ago
EBay forecasts annual revenue above Street estimates
(Reuters) -E-commerce firm eBay forecast annual revenue above Wall Street estimates on Wednesday, signaling robust demand for products such as collector's items and refurbished goods. The company expe...
Thomson Reuters 31m ago
Data center operator Equinix lowers 2025 revenue forecast, facing deal-closure delays
(Reuters) -Equinix lowered its forecast for annual revenue due to the data center operator facing delays in closing a deal and a negative impact from foreign exchange rates, its CEO said on Wednesday,...
Thomson Reuters 31m ago
Mastercard poised to buy crypto firm Zerohash for nearly $2 billion, Fortune reports
(Reuters) -Mastercard is in late-stage talks to acquire crypto startup Zerohash for between $1.5 billion and $2 billion, Fortune reported on Wednesday, citing five sources familiar with the matter. If...
Thomson Reuters 35m ago
Alphabet beats quarterly revenue estimates on strong ad, cloud demand
(Reuters) -Google-parent Alphabet beat Wall Street estimates for third-quarter revenue on Wednesday, as both its core advertising business and cloud computing unit showed steady growth. Shares of the ...
Thomson Reuters 37m ago
Microsoft's cloud surge lifts revenue above expectations
(Reuters) -Microsoft reported blockbuster growth in its cloud-computing business on Wednesday that pushed its quarterly revenue past Wall Street estimates, showing businesses are still splurging on ar...
Thomson Reuters 38m ago
MercadoLibre's third-quarter net profit misses estimates despite revenue beat
By Andre Romani SAO PAULO (Reuters) -E-commerce firm MercadoLibre posted on Wednesday a net profit below analysts' expectations, impacted by currency effects and weaker demand in Argentina, while a fr...
Thomson Reuters 38m ago
Starbucks posts first same-store sales growth in seven quarters
(Reuters News) -Starbucks on Wednesday posted a bigger-than-expected rise in quarterly global same-store sales, helped by a recovery in demand in international markets amid an ongoing revamp of its U....
Thomson Reuters 38m ago
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