By Arriana McLymore and Ananya Mariam Rajesh (Reuters) – Amazon’s push to offer more everyday essentials like toothpaste is hurting its average selling prices, but it is also a guard against rivals such as Temu and Shein who offer rock bottom prices on goods they ship from China. People are shopping more frequently at Amazon, […]
(Reuters) – The race between Republican Donald Trump and Democrat Kamala Harris has divided the U.S. electorate along lines of gender, race and education, with Trump improving his standing among men – particularly Hispanic men – while Harris’ support has surged among women, helping her cut away at the Republicans’ longstanding edge with white voters. […]
Thursday, October 31st, 2024 Following a robust Q3 earnings release, Twilio’s (TWLO) stock shot up over 11% in post-market trading to $78.90. Investors are now weighing whether this surge marks sustainable growth or if it’s just short-lived hype. Let’s break down the details that will influence TWLO’s trajectory. Earnings Highlights and Forward Guidance Twilio’s Q3 […]
By Nora Eckert (Reuters) – The head of Ford Motor’s integrated services, who was tasked with leading one of the automaker’s most important teams, is departing after about one year, the company said on Thursday. Peter Stern, who joined Ford in August 2023 from Apple, was trusted with building the automaker’s recurring revenues attached to […]
By Howard Schneider WASHINGTON (Reuters) – Republican presidential candidate and former President Donald Trump’s end-of-campaign arguments to voters choosing between him and Democrat Kamala Harris have focused on an old standby in U.S. politics: Asking voters whether they are better off now than they were four years ago. He may want to check his dates. […]
By Greg Bensinger (Reuters) -More than 500 Amazon.com employees sent a letter on Wednesday to the CEO of its AWS unit urging reversal of a full return-to-office policy and rejecting his assertion that the rule had broad support and opponents should leave Amazon Web Services. “We were appalled to hear the non-data-driven explanation you gave […]
By Michael Erman and Bhanvi Satija (Reuters) -Pfizer reported higher-than-expected profit on Tuesday due to strong sales of COVID-19 treatment Paxlovid, an important win for Chief Executive Albert Bourla as he faces down activist investor Starboard. Still, investors said the company had work to do to show it can improve its prospects, and shares fell […]
(Reuters) – Electric-vehicle maker Lucid Group said on Tuesday it will open orders for its Gravity SUV on Nov. 7, as it looks to drum up demand and attract a wider swathe of customers. The move comes on the heels of a successful fundraising round as Lucid looks to expand its product lineup to compete […]
(Reuters) – Shares of former U.S. President Donald Trump’s media company surged to their highest since June on Monday, extending a recent rally as betting odds favored the Republican candidate in the final stretch of his bid for reelection to the White House. Shares of Trump Media & Technology Group, which operates the Truth Social […]
By David Shepardson, Michael Martina and Trevor Hunnicutt WASHINGTON (Reuters) – The Biden administration said on Monday it is finalizing rules that will limit U.S. investments in artificial intelligence and other technology sectors in China that could threaten U.S. national security. The rules, which were proposed in June by the U.S. Treasury, were directed by […]
