Category Archives: Syndicated
CoreWeave signals higher capex as component costs rise, shares fall
By Juby Babu May 7 (Reuters) - CoreWeave Inc raised the lower end of its annual capital expenditure forecast on Thursday, citing a rise in the prices of components, sending the cloud infrastructure te...
May 07, 2026
Auto groups urge Trump to extend trade deal with Mexico, Canada
By David Shepardson WASHINGTON, May 7 (Reuters) - Major auto trade groups on Thursday urged the Trump administration to extend a free trade deal with Mexico and Canada, saying it was crucial for U.S. ...
May 07, 2026
Gen Digital forecasts annual results above estimates on strong cybersecurity demand
By Zaheer Kachwala May 7 (Reuters) - Antivirus software provider Gen Digital forecast fiscal 2027 revenue and profit above Wall Street expectations on Thursday, betting on strong demand as consumers s...
May 07, 2026
Lyft forecasts strong bookings, winter storms hit first-quarter ride volumes
By Akash Sriram May 7 (Reuters) - Lyft forecast second-quarter gross bookings and adjusted core profit above Wall Street estimates on Thursday, even as first-quarter ride volumes fell short of expecta...
May 07, 2026
Gilead raises 2026 sales forecast, flags profit hit from acquisitions
By Deena Beasley LOS ANGELES, May 7 (Reuters) - Gilead Sciences posted a higher-than-expected first-quarter profit on Thursday and raised its outlook for 2026 sales, but projected an annual loss due t...
May 07, 2026
Akamai surges as $1.8 billion cloud deal eclipses downbeat forecast
By Zaheer Kachwala May 7 (Reuters) - Shares of Akamai Technologies soared 24% in extended trading on Thursday after the company disclosed a $1.8 billion long-term cloud deal with a frontier model prov...
May 07, 2026
It's official: NCAA tournaments expand to 76-team brackets
The 2027 NCAA Tournament will officially expand to 76 teams following approval Thursday afternoon by the Division I Men's and Women's Basketball Committees, the Division I Men's and Women's Basketball...
May 07, 2026
China's May Day overall tourism activity rises, but travellers are cautious
By Sophie Yu and Casey Hall BEIJING/SHANGHAI, May 7 (Reuters) - China's overall tourist activity increased slightly during the May Day holiday, according to official data released on Thursday, but per...
May 07, 2026
Colorado River to hit record low after worst-ever Rockies snowpacks
By Andrew Hay May 7 (Reuters) - Colorado River flows into Lake Powell will hit record lows this summer after the lowest snowpacks ever recorded in the Rocky Mountain states of Colorado, Utah and Wyomi...
May 07, 2026
Trump sets July 4 deadline for EU to comply with trade deal or face 'much higher' tariffs
By Daphne Psaledakis and David Lawder WASHINGTON, May 7 (Reuters) - U.S. President Donald Trump said on Thursday he would give the European Union until July 4 to implement trade deal commitments befor...
May 07, 2026
