LONDON (Reuters) -OPEC+ is discussing a delay in a planned output increase next month as…
Category: Business
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Nvidia’s stock swoon turns attention to Big Tech’s sway over markets
By Lewis Krauskopf NEW YORK (Reuters) – Shares of Nvidia and other Big Tech stocks…
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AI likely to weigh on oil prices over the next decade, Goldman says
(Reuters) – Artificial intelligence could hurt oil prices over the next decade by boosting supply…
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Berkshire’s BofA stake cuts top $6 billion, analysts say Buffett booking profits
By Arasu Kannagi Basil (Reuters) – Berkshire Hathaway has offloaded Bank of America shares worth…
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Chinese electric carmaker BYD denies pause on Mexico plant plans
MEXICO CITY (Reuters) -China’s electric automaker BYD said on Tuesday that it has not postponed…
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New Fortress Energy receives authorization to export LNG to non-FTA countries
(Reuters) -New Fortress Energy said on Tuesday it has received authorization from the U.S. Department…
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Ulta Beauty lowers annual forecasts on slowing demand for beauty products
(Reuters) -Ulta Beauty cut its annual sales and profit forecasts on Thursday, hurt by slowing…
Apple, Nvidia in talks to join OpenAI funding round, media reports say
(Reuters) -Apple and chip giant Nvidia are reportedly in talks to invest in OpenAI as…
Lululemon cuts annual forecasts on tepid US demand, rising competition
By Savyata Mishra (Reuters) – Lululemon Athletica cut its annual sales and profit forecasts on…
Meta Platforms strikes geothermal energy deal to power US data centers
-Facebook owner Meta Platforms struck a deal to buy geothermal power from Sage Geosystems to…