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Broadcom falls as margin pressures add to AI payoff jitters

Broadcom falls as margin pressures add to AI payoff jitters

Dec 12 (Reuters) - Broadcom shares fell nearly 5% before the market open on Friday after the chipmaker said its margins would fall due to a higher mix of AI revenue, adding to worries about the payout from AI.

Morning Bid: Oracle crashes Powell's party

Morning Bid: Oracle crashes Powell's party

By Anna Szymanski LONDON, Dec 11 - By Anna Szymanski, Editor in Charge, Reuters Open Interest What matters in U.S. and global markets today The Federal Reserve gave markets an early holiday gift yesterday, as the widely expected 25 basis point interest rate cut was accompanied by a less-hawkish-than

A sell-off for Oracle weighs on Wall Street even as the Dow jumps 465 points

A sell-off for Oracle weighs on Wall Street even as the Dow jumps 465 points

A sell-off for Oracle is weighing on Wall Street as investors question whether its big spending on artificial-intelligence technology will pay off

Oracle AI reality check knocks stocks, Fed cut saps dollar

Oracle AI reality check knocks stocks, Fed cut saps dollar

By Marc Jones LONDON, Dec 11 (Reuters) - World stocks stalled on Thursday as cloud computing giant Oracle sounded a warning for AI profitability, while bonds were firm and the dollar nursed losses after the U.S. Federal Reserve cut interest rates for a third meeting running.

MFE's Berlusconi favours Paramount bid for Warner Bros in streaming shake-up

MFE's Berlusconi favours Paramount bid for Warner Bros in streaming shake-up

By Elvira Pollina COLOGNO MONZESE, Italy, Dec 11 (Reuters) - Pier Silvio Berlusconi, chief executive of European broadcaster MFE-MediaForEurope, said he would prefer Paramount’s Skydance rather than Netflix as a buyer for Warner Bros Discovery, arguing the move would boost competition in the

Trump says CNN should be sold as part of Warner Bros Discovery deal

Trump says CNN should be sold as part of Warner Bros Discovery deal

WASHINGTON, Dec 10 (Reuters) - U.S. President Donald Trump said on Wednesday the news network CNN should be sold as part of a deal for its parent company Warner Bros Discovery or separately. "CNN should be sold," Trump told reporters at the White House.

It's showtime!

By Marc Jones LONDON, Dec 10 (Reuters) - By Marc Jones, global markets correspondent What matters in U.S. and global markets today Wall Street futures and bond and FX markets are hunkering down as crunch time nears for a divided Federal Reserve policy board, while earnings from Oracle and Broadcom

BOJ to hike rates to 0.75% in Dec, 1.0% by next Sept, majority of economists say- Reuters poll

BOJ to hike rates to 0.75% in Dec, 1.0% by next Sept, majority of economists say- Reuters poll

By Satoshi Sugiyama TOKYO, Dec 11 (Reuters) - The Bank of Japan will proceed with a 25-basis-point interest rate hike to 0.75% at its December meeting and raise borrowing costs to at least 1% by the end of September next year, a strong majority of economists said in a Reuters poll published on

YouTube TV to roll out genre-based plans, deepens sports streaming bet

YouTube TV to roll out genre-based plans, deepens sports streaming bet

Dec 10 (Reuters) - YouTube said on Wednesday it will roll out new genre-based subscription plans for YouTube TV in the U.S. early next year, underscoring the platform's growing clout in the American pay-TV market and its push to lock in sports fans.

Paramount says China's Tencent withdrew from its Warner Bros bid to avert national security issues

Paramount says China's Tencent withdrew from its Warner Bros bid to avert national security issues

Paramount Skydance says that the Chinese gaming and social media giant Tencent Holdings withdrew from its bid to buy Warner Bros Discovery to avert a national security review

Bullish views rise on most Asia currencies, Indian rupee shorts spike: Reuters poll

Bullish views rise on most Asia currencies, Indian rupee shorts spike: Reuters poll

By Sneha Kumar Dec 11 (Reuters) - Analysts ramped up long bets on most Asian currencies on stronger growth prospects and weakness in the greenback, a Reuters poll showed on Thursday, while short positions on the Indian rupee surged to a 10-month high.

Paramount Pictures' X Account Hacked, Described as 'Proud Arm of the Fascist Regime'

Paramount Pictures' X Account Hacked, Described as 'Proud Arm of the Fascist Regime'

Paramount Pictures' X Account Hacked, Described as 'Proud Arm of the Fascist Regime'