Tag Archives: technology
Foxconn denies rumours about 180 billion yuan tax payment after probe
BEIJING (Reuters) - Foxconn on Thursday rejected online rumours that it needed to pay 180 billion yuan ($24.60 billion) in tax as part of recent investigations, saying the "false content" has seriousl...
Nov 02, 2023
ProShares launches ether futures ETF for crypto bears
By Suzanne McGee (Reuters) - ProShares is rolling out the first exchange-traded fund (ETF) that allows investors to take a bearish view on ether, the world's second-largest cryptocurrency, the firm sa...
Nov 02, 2023
Rockwell forecasts 2024 profit below estimates as customers tighten spending
(Reuters) - Rockwell Automation on Thursday forecast 2024 earnings below analysts' expectations as customers cut spending in a tough macroeconomic environment, sending its shares down about 5% in prem...
Nov 02, 2023
Malaysia aims to attract foreign investments in EV, chip industries – trade minister
KUALA LUMPUR (Reuters) - Malaysia is scouting for foreign investors in high-value industries such as electric vehicles, semiconductors and carbon capture, its trade and investment minister said on Thu...
Nov 02, 2023
Iron Mountain misses third-quarter revenue estimates on tighter tech spending
(Reuters) - Iron Mountain missed third-quarter revenue expectations on Thursday as businesses reined in tech spending due to high interest rates and economic uncertainty. Peers of the company, includi...
Nov 02, 2023
UK PM Sunak to lead AI summit talks before Musk meeting
By Martin Coulter and Paul Sandle BLETCHLEY PARK, England (Reuters) - Britain's Rishi Sunak will meet representatives from the United States, the EU and U.N. on Thursday to discuss the steps needed to...
Nov 02, 2023
Bullish fund tied to Nvidia top performing ETF so far this year
By Bansari Mayur Kamdar (Reuters) - An exchange traded fund (ETF) tied to high-flying shares of U.S. chipmaker Nvidia Corp is the top-performing ETF so far this year, as the frenzy around artificial i...
Nov 02, 2023
Teleflex beats profit estimates on strong demand for medical devices
(Reuters) - Teleflex beat third quarter profit estimates on Thursday as volumes of non-urgent surgical procedures picked up in hospitals post pandemic, lifting demand for its medical devices. Teleflex...
Nov 02, 2023
Palantir projects revenue above estimates on demand for AI platform
By Arsheeya Bajwa and Chavi Mehta (Reuters) -Data analytics firm Palantir Technologies forecast fourth-quarter revenue above market estimates on Thursday, betting on strong demand for its new artifici...
Nov 02, 2023
Qualcomm rallies on signs smartphone market slump is easing
(Reuters) - Qualcomm rose nearly 6% on Thursday as its strong first-quarter forecasts signaled that the two-year-long slump in the smartphone market was easing, led by a recovery in China. The company...
Nov 02, 2023
