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Goldman Sachs Alternatives buys control of Italian medtech firm Numantec

Goldman Sachs Alternatives buys control of Italian medtech firm Numantec

MILAN, July 27 (Reuters) - The private equity arm of Goldman Sachs has agreed to acquire control of Italian medical equipment maker Numantec from White Bridge Investment, the companies said, betting on a business with steady revenues amid macroeconomic uncertainty.

Philips CEO says US order delays, China pressure weighed on Q2 results

Philips CEO says US order delays, China pressure weighed on Q2 results

By Lucie Barbier and Alessandro Parodi July 28 (Reuters) - The chief executive of Philips said on Tuesday that delayed orders in the U.S. and market pressure in China weighed on the healthcare tech group's second-quarter results, even as it lifted its margin outlook for the full year.

Philips falls 9% as weak orders, China concerns overshadow outlook hike

Philips falls 9% as weak orders, China concerns overshadow outlook hike

By Lucie Barbier and Alessandro Parodi July 28 (Reuters) - Philips shares fell 9% on Tuesday after the healthcare technology group reported weaker-than-expected orders and warned of a more challenging environment in China, overshadowing an improved full-year margin outlook.

Meta sent a warning to its glasses pranksters

Meta sent a warning to its glasses pranksters

Every consumer technology gets a reputation before it gets a rulebook. The camera phone was a toy until it turned up as a courtroom exhibit. Rules arrive after behavior, and by then, the behavior already has an audience. Meta Platforms (META) has spent three years building the first real hardware ...

Meta Announces AI Glasses Impact Grant Recipients to Enhance Community Solutions

Meta Announces AI Glasses Impact Grant Recipients to Enhance Community Solutions

Meta Announces AI Glasses Impact Grant Recipients to Enhance Community Solutions

Morning Bid: Chips jolted as momentum shifts in AI

Morning Bid: Chips jolted as momentum shifts in AI

A look at the day ahead in European and global markets from Tom Westbrook Chip stocks tanked across Asia on Tuesday, spooked by the twin threats of rising Chinese competition and mounting questions about the funding and longevity of the AI infrastructure boom.

Nasdaq falls as AI worries mount ahead of pivotal earnings

Nasdaq falls as AI worries mount ahead of pivotal earnings

By Johann M Cherian and Ragini Mathur July 28 (Reuters) - The Nasdaq fell on Tuesday, mirroring a cautious mood across global markets toward AI chip stocks on concerns about hefty corporate spending and rising Chinese competition, ahead of earnings from some of the biggest companies on Wall Street.

Factbox-Shein reveals financials, valuation in Hong Kong IPO filings

Factbox-Shein reveals financials, valuation in Hong Kong IPO filings

HONG KONG, July 27 (Reuters) - Online fast-fashion retailer Shein swung to a $99 million quarterly loss due to slowing sales after the U.S. removed an import duty exemption on small packages and a hefty one-time accounting charge.

Hilton raises annual room revenue growth forecast on World Cup, travel demand

Hilton raises annual room revenue growth forecast on World Cup, travel demand

By Anshuman Tripathy July 28 (Reuters) - Hilton Worldwide Holdings raised its forecast for full-year room revenue growth on Tuesday, betting on growing travel demand, including a boost from the recent World Cup.

Meta Develops AI App for Bedtime Stories Amidst Parental Fatigue

Meta Develops AI App for Bedtime Stories Amidst Parental Fatigue

Meta Develops AI App for Bedtime Stories Amidst Parental Fatigue

UBS hurries to reset AMD stock target on key AI Day signals

UBS hurries to reset AMD stock target on key AI Day signals

Wall Street usually takes a few days to digest a product event. However, UBS took less than one. Advanced Micro Devices (AMD) concluded its Advancing AI 2026 keynote in San Francisco on July 23. By the following morning, UBS analyst Timothy Arcuri had already raised his price target on the ...

Meta to Test TikTok-Like Video Experience on Facebook App

Meta to Test TikTok-Like Video Experience on Facebook App

Meta to Test TikTok-Like Video Experience on Facebook App