Reuters-Apple set for big sales decline as investors await AI in iPhones
By Yuvraj Malik (Reuters) - Apple's plan to add generative AI to its iPhones and revive sagging sales in the crucial Chinese market will be in focus on Thursday, when the tech giant is expected to
Reuters-Fed to hold rates steady as inflation dims hopes for policy easing
By Howard Schneider WASHINGTON (Reuters) - U.S. central bank officials will conclude their latest two-day policy meeting on Wednesday with a new statement and comments from Federal Reserve Chair
Reuters-Nasdaq, S&P 500 fall as investors take cover before Fed decision
By Shristi Achar A and Shashwat Chauhan (Reuters) -The tech-heavy Nasdaq and the benchmark S&P 500 slipped on Wednesday as chip stocks led losses on downbeat results and markets weighed fresh economic
Reuters-Exclusive-Tesla retreats from next-generation ‘gigacasting’ manufacturing process
By Norihiko Shirouzu and Giulio Piovaccari AUSTIN, Texas (Reuters) - Tesla has backed away from an ambitious plan for innovations in gigacasting, its pioneering manufacturing process, according to two
Reuters-Mastercard's profit beats as consumer spending defies inflation worries
By Mehnaz Yasmin (Reuters) -Mastercard reported first-quarter profit that exceeded Wall Street expectations on Wednesday, on higher card spending by consumers despite rising borrowing costs and
Reuters-Starbucks shares hit two-year low as China, US demand clouds outlook
By Juveria Tabassum (Reuters) - Shares of Starbucks fell 15% to their lowest in nearly two years on Wednesday, after the coffee chain cut annual forecasts on persistent weak demand from
Reuters-Spirit Aero says it has a new plan to address Boeing 737 MAX parts demand
(Reuters) - Spirit AeroSystems said it has developed a plan that gives it “a high degree of confidence” to meet U.S. planemaker Boeing's rate and quality expectations for parts for the 737 MAX jet,
Reuters-NYCB short sellers stare at $42 million in losses after post-earnings rally, Ortex says
By Niket Nishant and Manya Saini (Reuters) - Traders shorting New York Community Bancorp's stock were sitting on more than $42 million of losses on Wednesday after the lender's better-than-expected
Reuters-KFC parent Yum reports surprise drop in global same-store sales on weak demand
By Juveria Tabassum (Reuters) -Yum Brands reported a fall in quarterly global same-store sales on Wednesday, hurt by choppy demand for its KFC and Pizza Hut brands from inflation-weary consumers in
