By Georgina McCartney HOUSTON (Reuters) – Oil prices will likely slip this year, the director of North Dakota’s state oil…
Category: Business
Carnival raises annual profit forecast on strong cruise demand, warns of volatility
(Reuters) – Carnival Corp on Friday raised its annual profit forecast on resilient customer spending even as it warned of…
Temu-owner PDD Holdings’ revenues hit by intense China competition and challenges abroad
By Deborah Mary Sophia and Casey Hall (Reuters) – PDD Holdings, which operates e-commerce platforms Pinduoduo and Temu, missed market…
Nvidia-backed CoreWeave targets up to $32 billion valuation in test for AI IPOs
By Manya Saini and Niket Nishant (Reuters) -CoreWeave is targeting a valuation of up to $32 billion on a fully…
Cryptocurrency exchange Kraken to buy NinjaTrader for $1.5 billion
By Prakhar Srivastava (Reuters) -Kraken, one of the world’s largest cryptocurrency exchanges, said on Thursday it would buy retail futures…
Apple losing over $1 billion a year on streaming service, the Information reports
(Reuters) -Apple is losing more than $1 billion a year on its streaming service, the Information reported on Thursday, citing…
NYSE-bound Klarna signs payments deal with DoorDash
(Reuters) – Swedish payments firm Klarna, which is gearing up for a listing on the New York Stock Exchange, said…
Trump administration approves Venture Global LNG exports from Louisiana project
By Timothy Gardner WASHINGTON (Reuters) -U.S. President Donald Trump’s administration granted Venture Global LNG approval on Wednesday to export natural…
Synopsys lays out strategy for AI ‘agents’ to design computer chips
By Stephen Nellis SANTA CLARA, California (Reuters) – Synopsys, which makes software used to design semiconductors, on Wednesday introduced a…
Amazon loses court fight against record $812 million Luxembourg privacy fine
By Foo Yun Chee BRUSSELS (Reuters) – Amazon lost its fight against a record 746 million euro ($812.4 million) fine…