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Boeing’s cash flow situation is worse than expectations, S&P analyst says
  • Business

Boeing’s cash flow situation is worse than expectations, S&P analyst says

Stock Focus Report May 23, 2024
(Reuters) – Boeing’s cash flow situation is incrementally worse than their expectations, an S&P Global Ratings analyst...
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Ross Stores beats quarterly estimates on steady demand for discounted products
  • Business

Ross Stores beats quarterly estimates on steady demand for discounted products

Stock Focus Report May 23, 2024
(Reuters) – Ross Stores on Thursday posted first-quarter results above Wall Street estimates and raised its annual...
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JPMorgan poised to pay $100 million over CFTC trade reporting violations, source says
  • Business

JPMorgan poised to pay $100 million over CFTC trade reporting violations, source says

Stock Focus Report May 22, 2024
By Chris Prentice and Nupur Anand NEW YORK (Reuters) – The U.S. Commodity Futures Trading Commission is...
Read More Read more about JPMorgan poised to pay $100 million over CFTC trade reporting violations, source says
Pfizer rolls out another cost-cutting program, sets $1.5 billion target by 2027
  • Business

Pfizer rolls out another cost-cutting program, sets $1.5 billion target by 2027

Stock Focus Report May 22, 2024
(Reuters) -U.S. drugmaker Pfizer launched a new multi-year program to reduce its expenses by about $1.5 billion...
Read More Read more about Pfizer rolls out another cost-cutting program, sets $1.5 billion target by 2027
Exclusive-Boeing deliveries to China delayed by state regulator review, source says
  • Business

Exclusive-Boeing deliveries to China delayed by state regulator review, source says

Stock Focus Report May 22, 2024
(Reuters) – Boeing’s plane deliveries to China have been delayed in recent weeks due to a Chinese...
Read More Read more about Exclusive-Boeing deliveries to China delayed by state regulator review, source says
Target issues weak forecast as shoppers pull back; shares tumble
  • Business

Target issues weak forecast as shoppers pull back; shares tumble

Stock Focus Report May 22, 2024
By Siddharth Cavale and Ananya Mariam Rajesh (Reuters) -Target on Wednesday said it expects consumer caution to...
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Microsoft talks up tools for making AI software
  • Business

Microsoft talks up tools for making AI software

Stock Focus Report May 21, 2024
By Max A. Cherney SEATTLE (Reuters) – Microsoft talked up new tools on Tuesday aimed at encouraging...
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Apple says US antitrust lawsuit should be dismissed
  • Business

Apple says US antitrust lawsuit should be dismissed

Stock Focus Report May 21, 2024
By David Shepardson WASHINGTON (Reuters) -Apple said on Tuesday it plans to ask a U.S. judge to...
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Google set to bring ads in search AI Overviews
  • Business

Google set to bring ads in search AI Overviews

Stock Focus Report May 21, 2024
(Reuters) – Google will start testing search and shopping ads in its AI-generated answers in the U.S.,...
Read More Read more about Google set to bring ads in search AI Overviews
Amazon’s cloud unit pauses orders of Nvidia’s most powerful chip, FT reports
  • Business

Amazon’s cloud unit pauses orders of Nvidia’s most powerful chip, FT reports

Stock Focus Report May 21, 2024
(Reuters) – Amazon.com’s cloud services unit has paused orders of Nvidia’s most advanced “superchip” to wait for...
Read More Read more about Amazon’s cloud unit pauses orders of Nvidia’s most powerful chip, FT reports

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