Former Amazon executive Dave Clark to resign as Flexport CEO
(Reuters) – Former Amazon executive Dave Clark on Wednesday announced that he will resign as CEO of U.S. logistics startup…
Australian regulator sues PayPal unit over unfair term in small business contracts
(Reuters) – Australia’s securities regulator said on Thursday it will take PayPal (NASDAQ:PYPL)’s local arm to court alleging that the…
GenAI will push Microsoft, Google, and Amazon’s market cap above Apple – Needham
Needham & Company analysts highlighted the transformative potential of generative AI in reshaping the competitive landscape for large global companies.…
Dow futures just higher; jobless claims, GameStop earnings in focus
U.S. stock futures traded in a mixed fashion Thursday, as investors digested a combination of economic resilience, elevated oil prices…
Exclusive-Musk-owned X’s content moderation shift complicated effort to win back brands -former exec
(Reuters) – X’s new content moderation policy made it challenging to convince brands that the Elon Musk-owned social media platform…
Explainer-Do I need to worry about COVID again?
(Reuters) – New data from scientists and vaccine makers Moderna (NASDAQ:MRNA) and Pfizer/BioNTech suggests that a newer, highly mutated variant…
Dollar steadies near six-month highs; U.S. economy shows resilience
The U.S. dollar steadied near a six-month peak in early European trade Thursday, boosted by signs of a resilient U.S.…
Oil falls on concerns about China, winter demand
(Reuters) – Oil prices eased on Thursday as worries over demand due to a seasonal slowdown during winter and an…
Gold prices hover near 10-day low as U.S. rate jitters weigh
Gold prices moved little on Thursday, coming under pressure from strength in the dollar and Treasury yields as signs of…
Asian stocks fall amid economic gloom, tech hit by U.S.-China woes
Most Asian stocks fell on Thursday as trade data pointed to continued weakness in the Chinese economy, while regional technology…