Stock Market News

Microsoft expects $800 million impairment cost in Q2 2025 over Common Motors’ Cruise exit

(Reuters) - Microsoft (NASDAQ:MSFT) expects to file an impairment cost of round $800 million within the second quarter of fiscal…

1 month ago

Large Oil eyes powering Large Tech’s knowledge heart demand

By Shariq Khan and Shashwat Awasthi NEW YORK (Reuters) -Chevron Corp and Exxon Mobil (NYSE:XOM) are contemplating getting into the…

1 month ago

Microsoft flags $0.8M writedown on stake in GM-backed Cruise

Investing.com -- Microsoft Company (NASDAQ:MSFT) mentioned Wednesday it will take a $800 million writedown in Q2 on its stake in…

1 month ago

US bankers cautious on crypto regardless of anticipated regulatory easing

NEW YORK (Reuters) - U.S. bankers struck a cautious tone on cryptocurrencies on the Reuters NEXT convention in New York…

1 month ago

AI a productiveness enhance to banks however getting cash from it’s a problem

By Isla Binnie and Megan Davies NEW YORK (Reuters) - Synthetic intelligence is predicted to point out massive beneficial properties…

1 month ago

Albertsons calls for billions from rival Kroger after terminating merger bid

By Jody Godoy and Aishwarya Venugopal (Reuters) -Albertsons and Kroger (NYSE:KR) terminated their $25 billion merger plan on Wednesday after…

1 month ago

US fees ex-TD Financial institution worker with serving to to launder cash to Colombia

By Nivedita Balu TORONTO (Reuters) - A former TD Financial institution worker based mostly in Florida was arrested and charged…

1 month ago

Dealmakers see return of extra, greater megadeals in 2025

By Anirban Sen and Echo Wang NEW YORK (Reuters) -Prime Wall Road CEOs and dealmakers are anticipating an uptick in…

1 month ago

New York Instances Tech Guild reaches tentative cope with firm on three-year contract

(Reuters) - The NewsGuild of New York stated on Wednesday it had reached a tentative deal on a three-year contract…

1 month ago

VW gives 14% wage hike over 4 years to Tennessee manufacturing unit staff

By Nora Eckert and David Shepardson DETROIT/WASHINGTON (Reuters) -Volkswagen stated Wednesday it's providing its newly unionized staff at its Tennessee…

1 month ago