Explore

Reuters Reuters
Tesla's once-bullish tone on robotaxis shifts

Tesla's once-bullish tone on robotaxis shifts

By Chris Kirkham and Akash Sriram LOS ANGELES, July 23 (Reuters) - A year ago, Tesla CEO Elon Musk said the company's robotaxi network would expand at a "hyper-exponential rate" and be available to half the population of the U.S. by the end of 2025.
Reuters Reuters
Elusive founder Sky Xu faces spotlight as Shein seeks Hong Kong listing

Elusive founder Sky Xu faces spotlight as Shein seeks Hong Kong listing

By Kane Wu, Helen Reid and Julie Zhu HONG KONG/LONDON, July 27 (Reuters) - Shein's draft prospectus for a Hong Kong listing, published on Sunday, offers rare details about the role of its reclusive founder and CEO, Sky Xu.
Reuters Reuters
Three killed, four wounded in Seattle food festival shooting, police say

Three killed, four wounded in Seattle food festival shooting, police say

By Tim McLaughlin and Chandni Shah July 26 (Reuters) - Three people were killed and four others, including a toddler, were wounded on Sunday in a shooting at a downtown Seattle food festival, police said, adding that a suspect had been taken into custody.
Reuters Reuters
HSBC to hire 100 AI specialists, 100 wealth managers in boost to Singapore hub

HSBC to hire 100 AI specialists, 100 wealth managers in boost to Singapore hub

HONG KONG, July 27 (Reuters) - HSBC will hire more than 100 artificial intelligence specialists and 100 wealth managers in Singapore, deepening investment in two areas central to the bank's Asian growth strategy as it expands higher-fee businesses and accelerates AI adoption.
Reuters Reuters
Oil prices dip over 6% after US, Iran pause fighting over weekend

Oil prices dip over 6% after US, Iran pause fighting over weekend

By Florence Tan and Trixie Yap SINGAPORE, July 27 (Reuters) - Oil prices tumbled more than 6% on Monday after the U.S. and Iran paused strikes over the weekend after two weeks of attacks, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume in the
Reuters Reuters
European shares climb as US-Iran peace optimism lifts risk sentiment

European shares climb as US-Iran peace optimism lifts risk sentiment

July 27 (Reuters) - European shares climbed nearly 1% on Monday, as a pause in U.S.-Iran hostilities over the weekend sent oil prices lower and boosted risk appetite, while investors braced for a pivotal week of earnings from major U.S. tech companies.
Reuters Reuters
Verizon lifts annual forecasts as new mobile plans spur subscriber gains

Verizon lifts annual forecasts as new mobile plans spur subscriber gains

July 24 (Reuters) - Verizon raised its annual forecast for adjusted profit and free cash flow, as the network provider's latest unlimited 5G plans and rewards programs helped it add more wireless subscribers than expected in the June quarter.
Reuters Reuters
AmEx's steady profit outlook clouds revenue forecast boost; shares fall

AmEx's steady profit outlook clouds revenue forecast boost; shares fall

By Rishab Shaju and Manya Saini July 24 (Reuters) - American Express raised its 2026 revenue forecast on Friday as its affluent customers continued to spend on travel, entertainment and dining, but its shares slipped 6% as investors focused on an unchanged profit outlook.
Reuters Reuters
Nasdaq lags on angst over AI spending ahead of earnings reports

Nasdaq lags on angst over AI spending ahead of earnings reports

By Sinéad Carew and Ragini Mathur July 24 (Reuters) - The tech-heavy Nasdaq fell on Friday as investors sold chip stocks on worries about massive spending on artificial intelligence ahead of the next batch of megacap earnings reports, while falling oil prices provided Wall Street with some support
Reuters Reuters
Nasdaq falls on angst over AI spending ahead of earnings reports

Nasdaq falls on angst over AI spending ahead of earnings reports

By Sinéad Carew and Ragini Mathur July 24 (Reuters) - The tech-heavy Nasdaq fell on Friday as investors sold chip stocks on worries about massive AI spending plans ahead of the next batch of megacap earnings reports, but falling oil prices limited losses even as Middle East hostilities continued.
Reuters Reuters
Wall St set for higher open after tech rout; Mideast, tariffs in focus

Wall St set for higher open after tech rout; Mideast, tariffs in focus

By Ragini Mathur and Avinash P July 24 (Reuters) - Wall Street's main indexes were set to open higher on Friday after a tech-led selloff in the previous session, as investors digested fresh earnings, escalating Middle East tensions and a new tariff announcement from the Trump administration.
Reuters Reuters
Verizon lifts annual forecasts, signs $1 billion fiber deal with Google

Verizon lifts annual forecasts, signs $1 billion fiber deal with Google

By Harshita Mary Varghese July 24 (Reuters) - Verizon raised its annual adjusted profit forecast and said it had secured a more than $1 billion deal with Google to provide dark fiber connectivity for its data centers, sending the telecom operator's shares up 3%.