26/10/2024 |
Nvidia overtakes Apple as world's most valuable companyNvidia (NVDA.O) dethroned Apple (AAPL.O) as the world's most valuable company on Friday following a record-setting rally in the stock, powered by insatiable demand for its specialized artificial intelligence chips.
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Meta Platforms to use Reuters news content in AI chatbotMeta Platforms said on Friday its artificial intelligence chatbot will use Reuters content to answer user questions in real time about news and current events, the latest AI tie-up between a big technology company and a news publisher.
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Colgate-Palmolive lifts lower end of 2024 results forecast on steady demandToothpaste maker Colgate-Palmolive (CL.N) raised the lower end of its annual sales and profit forecasts on Friday, after beating third-quarter estimates on resilient demand for its high-priced products.
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24/10/2024 |
Mattel beats profit estimates on cost controls but trims annual sales forecastMattel (MAT.O) topped Wall Street estimates for quarterly profit as the Barbie parent kept a tight leash on costs but lowered its annual sales forecast heading into the crucial holiday shopping season against the backdrop of muted demand for toys.
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Tesla surprises with forecasts for sales and deliveries, shares jumpTesla (TSLA.O) Chief Executive Elon Musk said he expects vehicle sales to grow 20% to 30% next year, aided by improvements in autonomous technology and the launch of more affordable models, sending the company's shares up 12% in post-market trading on Wednesday.
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Michelin cuts sales volume forecast as quarterly sales miss estimatesMichelin (MICP.PA) on Wednesday cut its sales volume forecast for the full year as the French tyre maker reported third-quarter sales that fell short of market expectations due to weaker demand.
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23/10/2024 |
Starbucks baristas and customers have one message to new CEO: change!Starbucks' new CEO Brian Niccol has his work cut out for him.
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OpenAI hires ex-White House official as chief economistChatGPT parent OpenAI has tapped former White House official Aaron Chatterji as its first chief economist to lead research on AI's impact on the economy, the startup at the center of the generative artificial intelligence frenzy said on Tuesday.
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E. coli outbreak tied to McDonald's Quarter Pounder kills 1, sickens dozens in USOne person died and dozens fell ill from E. coli infections linked to McDonald's (MCD.N) Quarter Pounder hamburgers in 10 states, led by Colorado, where 26 people were sickened, the U.S. Centers for Disease Control said on Tuesday
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22/10/2024 |
Disney to name CEO Bob Iger's replacement in 2026, taps Morgan Stanley's Gorman as chairWalt Disney (DIS.N) said on Monday it would announce a replacement for CEO Bob Iger in early 2026, marking the first time the storied media and entertainment company has formally announced a timetable for succession.
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