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Trump says he will meet Nvidia CEO on Wednesday
Reuters· 2025-10-28 11:29
Core Insights - U.S. President Donald Trump is scheduled to meet with Nvidia Chief Executive Jensen Huang on Wednesday [1] Company Summary - The meeting indicates a potential focus on Nvidia's role in the technology sector and its implications for U.S. economic policy [1]
Saudi AI firm Humain partners with Google, eyes deal with AWS
Reuters· 2025-10-28 11:24
Core Insights - Humain, a Saudi AI firm, has established a partnership with Google and is exploring a significant collaboration with Amazon Web Services [1] Company Summary - Humain's CEO, Tareq Amin, announced the partnership with Google, indicating a strategic move to enhance its AI capabilities [1] - The potential collaboration with Amazon Web Services suggests that Humain is looking to expand its technological infrastructure and service offerings [1]
Vans parent VF Corp beats quarterly estimates on strong demand amid tariff pressure
Reuters· 2025-10-28 11:19
Vans parent VF Corp posted better-than-expected results for the second quarter on Tuesday, helped by strong demand for its footwear, bags and lifestyle apparel, even as economic uncertainty looms. ...
Apple suppliers Qorvo and Skyworks to merge forming $22 billion radio chip giant
Reuters· 2025-10-28 11:09
Group 1 - Apple suppliers Skyworks Solutions and Qorvo are merging in a cash-and-stock deal [1] - The merger values the combined company at approximately $22 billion [1]
Barcode scanner maker Zebra forecasts upbeat Q4 on resilient demand, lower tariffs
Reuters· 2025-10-28 11:07
Zebra Technologies on Tuesday forecast fourth-quarter profit and revenue growth above analysts' estimates, signaling steady demand for its barcode scanners and mobile computers as businesses accelerate efforts to digitize operations. ...
Fintech lender SoFi lifts 2025 profit forecast after record quarter
Reuters· 2025-10-28 11:01
SoFi Technologies raised its annual profit forecast above Wall Street estimates on Tuesday after a surge in fee-based revenue fueled record third-quarter results for the financial technology major. ...
Labcorp lifts annual profit forecast on strong diagnostic test demand
Reuters· 2025-10-28 10:52
Core Insights - Labcorp raised its annual profit forecast and exceeded estimates in the third quarter due to strong demand for its diagnostic tests [1] Company Performance - The laboratory operator reported better-than-expected results for the third quarter, indicating robust performance in its diagnostic testing segment [1] Financial Outlook - Labcorp's adjustment of its annual profit forecast suggests confidence in continued demand and operational efficiency moving forward [1]
Merck-Eisai's cancer drug combo meets one main goal in late-stage study
Reuters· 2025-10-28 10:43
Merck and Eisai's experimental combination treatment for a type of kidney cancer met one of the main goals in a late-stage study, the drugmakers said on Tuesday. ...
PayPal strikes payments wallet deal with OpenAI's ChatGPT, shares surge
Reuters· 2025-10-28 10:42
Core Insights - PayPal has announced a partnership with OpenAI to enable ChatGPT users to make instant payments using PayPal's services [1] Company Summary - The collaboration aims to enhance the user experience by integrating PayPal's payment solutions directly into the ChatGPT platform [1] Industry Summary - This partnership signifies a growing trend of integrating AI technologies with financial services, potentially transforming how consumers interact with payment systems [1]
Royal Caribbean raises annual profit forecast
Reuters· 2025-10-28 10:39
Royal Caribbean raised its annual profit forecast on Tuesday, betting on strong demand for its cruise vacations and high onboard customer spending. ...