Broadcom’s video coding patent affirmed by German court, Netflix found infringing
Shares of Broadcom Inc. (NASDAQ:AVGO) saw a 0.4% increase in premarket trading today after the German Federal Patent Court preliminarily…
Enbridge surpasses Q3 profit expectations on increased oil transport
Pipeline operator Enbridge (NYSE:ENB) outperformed third-quarter profit forecasts on Friday, thanks to increased oil and other liquids transportation. The surge…
Moderna downside has played out, HSBC raises rating
Moderna (NASDAQ:MRNA) was raised to Hold from Reduce at HSBC on Friday, with the firm raising the price target for…
Accenture boosts strategy capabilities with 6point6 acquisition
Accenture (NYSE:ACN) has completed the strategic acquisition of UK-based technology consultancy firm 6point6, in a move aimed at strengthening its…
Starbucks gets US sales bump as Pumpkin Spice Latte returns
(Reuters) – Starbucks leaned on the hype around its Pumpkin Spice Latte and other fall-themed drinks in North America to…
Agios Pharmaceuticals reports Q3 2023 revenue rise, progresses in clinical trials
Agios Pharmaceuticals Inc (NASDAQ:AGIO) has reported an increase in revenue for Q3 2023, despite a net loss. The company’s net…
Bank of England keeps rates at 15-year high, rules out quick cuts to help economy
(Reuters) – The Bank of England held interest rates at a 15-year peak on Thursday and said it did not…
Duke Energy beats profit estimates on higher margins
(Reuters) – Duke Energy Corp on Thursday beat Wall Street estimates for third-quarter profit, with the company pointing to higher…
FTC says Amazon made $1 billion with price-raising algorithms
(Reuters) – The Federal Trade Commission in new court documents said Amazon.com (NASDAQ:AMZN) deliberately raised prices by more than $1…
Uber, Lyft to pay $328 million to settle New York wage theft claims
(Reuters) – Uber (NYSE:UBER) and Lyft (NASDAQ:LYFT) will pay a combined $328 million to settle claims by New York’s attorney…