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Duolingo's growth outlook moderates as it prioritizes engagement over monetization

Duolingo's growth outlook moderates as it prioritizes engagement over monetization

By Akash Sriram May 4 (Reuters) - Duolingo posted strong first-quarter results but signaled a more measured growth trajectory ahead, as the language-learning app prioritizes user engagement and product improvements over near-term monetization.

Harley-Davidson bets on affordable models, dealer network in latest turnaround effort

Harley-Davidson bets on affordable models, dealer network in latest turnaround effort

By Nathan Gomes May 5 (Reuters) - Harley-Davidson outlined a new strategy on Tuesday focused on lower-priced motorcycles and its dealer network to help shore up volumes, under new top boss Artie Starrs.

Tesla Launches Affordable Model 3 in Canada with Chinese Manufacturing Impact

Tesla Launches Affordable Model 3 in Canada with Chinese Manufacturing Impact

Tesla Launches Affordable Model 3 in Canada with Chinese Manufacturing Impact

AI chipmaker Cerebras aims to raise $3.5 billion in US IPO

AI chipmaker Cerebras aims to raise $3.5 billion in US IPO

May 4 (Reuters) - Nvidia-rival Cerebras Systems, which makes chips for artificial intelligence workloads, is aiming to raise $3.5 billion in its U.S. initial public offering.

Freshworks to cut 11% jobs as AI reshapes software sector

Freshworks to cut 11% jobs as AI reshapes software sector

May 5 (Reuters) - Freshworks said on Tuesday it would cut 11% of its workforce, or about 500 jobs, as the business-software company grapples with an industry being reshaped by artificial intelligence.

Vertex tops profit estimates as sales of new cystic fibrosis drug surge

Vertex tops profit estimates as sales of new cystic fibrosis drug surge

May 4 (Reuters) - Vertex Pharmaceuticals on Monday beat Wall Street estimates for first-quarter adjusted profit, helped by a near eight-fold surge in sales of its new cystic fibrosis treatment.

Grain trader ADM raises profit forecast on biofuel demand outlook

Grain trader ADM raises profit forecast on biofuel demand outlook

By Tom Polansek and Katha Kalia May 5 (Reuters) - Grain trader Archer-Daniels-Midland increased its forecast for full-year profit and beat quarterly earnings estimates on Tuesday, citing a strong oilseed processing outlook and clarity over U.S. biofuel blending mandates.

Tesla Launches Affordable Model 3 in Canada with Chinese Manufacturing

Tesla Launches Affordable Model 3 in Canada with Chinese Manufacturing

Tesla Launches Affordable Model 3 in Canada with Chinese Manufacturing

DuPont lifts forecast as price hikes offset Iran war-driven costs

DuPont lifts forecast as price hikes offset Iran war-driven costs

By Pooja Menon May 5 (Reuters) - Industrial materials maker DuPont raised its annual profit and sales forecasts on Tuesday after beating first-quarter estimates, as price increases helped offset higher input costs driven by the U.S. and Israel's war with Iran.

AMD forecasts quarterly revenue above expectations as AI chip demand stays strong

AMD forecasts quarterly revenue above expectations as AI chip demand stays strong

May 5 (Reuters) - Advanced Micro Devices forecast second-quarter revenue above Wall Street expectations on Tuesday, betting on resilient demand for its data-center chips as cloud providers accelerate spending on artificial intelligence infrastructure.

Alphabet taps euro bond market with six-tranche offering amid AI spending surge

Alphabet taps euro bond market with six-tranche offering amid AI spending surge

May 5 (Reuters) - Alphabet on Tuesday disclosed that it was selling euro-denominated bonds across six tranches, months after it raised about $32 billion in debt by tapping the dollar, sterling and Swiss franc markets.

Match Group beats revenue estimates as Hinge grows, Tinder resets amid AI push

Match Group beats revenue estimates as Hinge grows, Tinder resets amid AI push

May 5 (Reuters) - Match Group posted first-quarter revenue above estimates on Tuesday, driven by the solid performance of dating app Hinge and early signs that a turnaround at Tinder is gaining traction amid a broad push for AI-led transformation.