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Tesla introduces new Model Y variant in US priced at $41,990
Reuters· 2026-02-03 01:49
Electric automaker Tesla introduced a new variant of its Model Y vehicle in the United States priced at $41,990, the company's website showed on Monday. ...
Oil steady as markets consider possible U.S.–Iran de-escalation, firm dollar
Reuters· 2026-02-03 01:30
Oil prices held steady on Tuesday as market participants weighed the possibility of a de-escalation in U.S.-Iran tensions, with a firmer dollar limiting the upside. ...
Activist shareholder ACCR, pension funds urge BP to show shift to oil and gas will deliver value
Reuters· 2026-02-03 00:07
UK and European pension funds and activist shareholder ACCR are pushing BP to publish more information to prove its strategy of shifting spending from low-carbon to oil and gas projects will boost sha... ...
Google Cloud, Liberty Global strike five-year AI partnership
Reuters· 2026-02-03 00:05
Google Cloud, one of Alphabet's fastest-growing businesses, and Liberty Global have agreed a five-year strategic partnership to deploy Google's Gemini AI models and other cloud tools across the cable ... ...
Trump says Mexico will stop sending oil to energy-starved Cuba
Reuters· 2026-02-02 22:54
U.S. President Donald Trump said on Monday that Mexico would stop sending oil to Cuba as he ramped up a pressure campaign on the Caribbean nation. ...
NXP Semiconductors forecasts upbeat quarter, signaling industrial market bottom
Reuters· 2026-02-02 22:44
NXP Semiconductors on Monday forecast first-quarter revenue above Wall Street estimates, anticipating a robust automotive market and consistent industrial demand. ...
Indian refiners need wind-down period for Russian oil, sources say
Reuters· 2026-02-02 22:24
Core Viewpoint - Indian refiners require a wind-down period to finalize Russian oil deals before any potential halt in imports from Russia, and the government has not yet mandated a stop to these imports [1] Group 1 - Indian refiners are currently engaged in Russian oil deals that need to be completed before any import cessation can occur [1] - The government has not issued any orders to stop imports of Russian oil at this time [1]
Teradyne forecasts upbeat quarterly revenue
Reuters· 2026-02-02 22:12
Core Viewpoint - Teradyne forecasts first-quarter revenue exceeding Wall Street estimates, driven by significant investments from technology companies in data center expansion to support AI capabilities [1] Group 1: Company Insights - Teradyne's revenue forecast for the first quarter is above Wall Street expectations, indicating strong demand in the market [1] - The anticipated revenue growth is attributed to multibillion-dollar investments by technology firms, highlighting a trend towards enhancing data center infrastructure [1] Group 2: Industry Trends - The technology sector is experiencing a surge in investments focused on data center expansion, which is essential for enabling advanced AI functionalities [1] - This trend reflects a broader industry shift towards integrating AI capabilities into existing infrastructures, suggesting potential growth opportunities for companies involved in data center technologies [1]
Waymo valued at $126 billion in latest financing
Reuters· 2026-02-02 22:11
Group 1 - Waymo, a unit of Alphabet, has successfully raised $16 billion in its latest fundraising round [1] - This fundraising round has resulted in a valuation of $126 billion for the self-driving car startup [1]
DaVita forecasts 2026 profit above estimates on steady dialysis service demand; shares jump
Reuters· 2026-02-02 22:06
Core Viewpoint - DaVita projected annual profit above estimates following better-than-expected fourth-quarter results driven by steady demand for kidney dialysis services, resulting in a 13% increase in shares [1] Group 1: Financial Performance - DaVita reported fourth-quarter results that exceeded expectations, indicating strong operational performance [1] - The company’s projected annual profit is now above market estimates, reflecting confidence in future earnings [1] Group 2: Market Reaction - Following the announcement of the positive quarterly results and profit projections, DaVita's shares experienced a significant increase of 13% in after-hours trading [1]