Bank of America sees logic in Amazon’s rumored plans to launch ad-tier
Amazon (NASDAQ:AMZN) reportedly plans to launch an-advertising-supported tier of its Prime Video streaming services as part of move to bolster…
Lucid to bring their luxury EVs to China
On Thursday, Zhu Jiang, the head of Lucid Group’s operations in China, announced that the U.S. luxury electric vehicle (EV)…
Tesla considering building automotive investment in Spain – source
(Reuters) – U.S. electric car manufacturer Tesla (NASDAQ:TSLA) is in talks with the leaders of the regional government of Valencia…
Factbox-European companies cut jobs as economy sputters
(Reuters) – Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring…
2023 underperformance prompts Wolfe to upgrade T-Mobile
Wolfe Research analysts upgraded shares of (NASDAQ:TMUS) to Outperform from Peer Perform. The price target of $160 per share suggests…
GameStop shares slide sharply in premarket trade after CEO Furlong terminated
GameStop Corp (NYSE:GME) shares shed more than 19% of their value in premarket U.S. trading on Thursday after the video…
Chinese regulators try to assure sceptical foreign financiers
(Reuters) – China is open for investment, the country’s top financial regulators told foreign financiers at a high-profile forum in…
Microsoft, Google strategy to test AI search ads irks some brands
(Reuters) – Alphabet (NASDAQ:GOOGL)’s Google and Microsoft (NASDAQ:MSFT) are inserting ads into AI experiments without providing an option to opt…
Toshiba board recommends shareholders support $14 billion buyout
(Reuters) – Toshiba (OTC:TOSYY) Corp said on Thursday its board has decided to recommend shareholders take up a tender offer…
Amazon should not pay $268 million in Luxembourg back taxes, EU court adviser says
(Reuters) – Amazon (NASDAQ:AMZN) should not pay 250 million euros ($268 million)in back taxes to Luxembourg as ordered by EU…