Credit Suisse foresees $1.6 billion Q3 loss due to loan reclassification
Credit Suisse, now a part of UBS, anticipates a third-quarter loss of about $1.6 billion stemming from the reclassification of…
Tesla sued by US agency over alleged harassment of Black factory workers
(Reuters) -A U.S. civil rights agency sued Tesla (NASDAQ:TSLA) Inc on Thursday, claiming the electric carmaker has tolerated severe harassment…
Accenture forecasts lower Q1 revenue amid cautious global spending
IT services company Accenture (NYSE:ACN) has projected first-quarter revenue below Wall Street expectations on Thursday, as a challenging economic environment…
OpenAI, Jony Ive in talks with SoftBank over AI device venture
OpenAI is in advanced negotiations with former Apple (NASDAQ:AAPL) designer Jony Ive and Japan’s SoftBank (TYO:9984) over the creation of…
Micron shares fall as demand recovery ‘off to slow start’
(Reuters) – Micron Technology (NASDAQ:MU)’s first-quarter loss forecast has triggered concerns of a sluggish recovery in the memory chip maker’s…
Microsoft CTO discusses NVIDIA, AMD AI chips
In a somewhat overlooked discussion, Microsoft (NASDAQ:MSFT) CTO Kevin Scott made some important comments at the Code Conference Wednesday about…
Apple asks US Supreme Court to strike down Epic Games order
(Reuters) – Apple (NASDAQ:AAPL) on Thursday asked the U.S. Supreme Court to strike down an order requiring changes to its…
Norway asks EU regulator to fine Facebook owner Meta over privacy breach
(Reuters) -Norway’s data regulator will refer the ongoing fine it has imposed on Meta Platforms (NASDAQ:META) to the European data…
Accenture’s fiscal Q4 earnings surpass expectations, revenue misses amid weak bookings
Accenture (NYSE:ACN), the Dublin-based global tech services and consulting firm, reported its fiscal fourth-quarter earnings on Thursday that exceeded Wall…
CarMax’s (NYSE:KMX) Posts Q2 Sales In Line With Estimates But Stock Drops
Used automotive vehicle retailer Carmax (NYSE:KMX) reported results in line with analysts’ expectations in Q2 FY2024, with revenue down 13.1%…