Author Archives: Syndicated Content
North Face owner VF Corp misses quarterly revenue estimates, posts loss as demand sags
(Reuters) - VF Corp posted a fourth-quarter loss and reported revenue below analysts' estimates on Wednesday as sales declined across its brands, reflecting choppy demand for its apparel and footwear ...
May 22, 2024
DRC parliament elects speaker in delayed vote days after foiled coup
Kinshasa (Reuters) - The Democratic Republic of Congo's national assembly elected Vital Kamerhe, whose home was violently attacked on Sunday, as speaker in a delayed vote, a key step towards installin...
May 22, 2024
Hunter Biden's criminal tax trial delayed to Sept. 5
WILMINGTON, Delaware (Reuters) - The start of the criminal tax trial for President Joe Biden's son was postponed until Sept. 5 from June 20, which Hunter Biden's legal team requested because of confli...
May 22, 2024
Swedish EV maker Polestar confirms delay in Q1 earnings report
(Reuters) - Swedish electric vehicle maker Polestar will not be reporting its first-quarter results on May 23, a spokesperson confirmed in an email to Reuters on Wednesday. The company will first need...
May 22, 2024
Sam Altman's OpenAI signs content agreement with News Corp
(Reuters) -Sam Altman-led OpenAI has signed a deal to bring News Corp's news content to the artificial intelligence platform, the companies said on Wednesday. The deal will give OpenAI access to curre...
May 22, 2024
Nvidia forecasts quarterly revenue above estimates, announces stock split
By Arsheeya Bajwa and Stephen Nellis (Reuters) -Nvidia forecast second-quarter revenue above estimates on Wednesday and announced a ten-for-one forward stock split, impressing investors who have alrea...
May 22, 2024
Snowflake expects strong Q2 as AI push boosts demand for cloud services
(Reuters) -Snowflake on Wednesday forecast second-quarter product revenue above Wall Street estimates and raised its expectations for the year, on strong demand for its cloud-based services amid a sur...
May 22, 2024
Egypt says it may withdraw as Gaza ceasefire mediator
CAIRO (Reuters) - Egypt threatened on Wednesday to withdraw as a mediator in Gaza ceasefire negotiations after CNN reported that Egyptian intelligence changed terms of recent truce proposal and scuttl...
May 22, 2024
JPMorgan poised to pay $100 million over CFTC trade reporting violations, source says
By Chris Prentice and Nupur Anand NEW YORK (Reuters) - The U.S. Commodity Futures Trading Commission is expected as soon as Wednesday to announce a $100 million settlement with JPMorgan Chase & Co...
May 22, 2024
Elf Beauty projects annual sales, profit below estimates despite upbeat Q4
By Granth Vanaik (Reuters) - Elf Beauty projected annual sales and profit below Wall Street expectations on Wednesday, in a sign that sticky inflation has left little room for Americans to spend on af...
May 22, 2024
