Author Archives: Syndicated Content
DeepSeek could be valued at up to $50 billion in first fundraising, sources say
(Refile to fix typos in second bullet point and in paragraph 6) May 6 (Reuters) - Chinese AI startup DeepSeek could be valued at up to $50 billion in its maiden fundraising drive, three sources said, ...
May 06, 2026
MLB roundup: Mike Trout ascends HR list with No. 415 in Angels' win
Mike Trout hit his 415th career homer, singled, walked twice and scored two runs to lead the Los Angeles Angels to a 4-3 victory over the Chicago White Sox on Tuesday night in Anaheim, Calif. Zach Net...
May 06, 2026
US to close consulate in Pakistan's Peshawar citing safety concerns
PESHAWAR, Pakistan, May 6 (Reuters) - The United States will close its consulate in Pakistan's Peshawar, citing the safety of its diplomats, the State Department said in a statement published on Tuesd...
May 06, 2026
Dutch health-tech group Philips' sales, margins beat estimates on order growth
May 6 (Reuters) - Dutch healthcare technology group Philips reported first-quarter revenues and margins above market expectations on Wednesday, sending its shares up over 5% in early trade, as strong ...
May 06, 2026
Pandora says weak sentiment among lower-income consumers hurts US sales
By Helen Reid LONDON, May 6 (Reuters) - Jewellery brand Pandora said weak sentiment especially among mid- to lower-income consumers curbed sales in North America, which fell 2% in comparable terms, as...
May 06, 2026
Infineon lifts 2026 outlook as AI demand boosts growth prospects
BERLIN, May 6 (Reuters) - Infineon Technologies raised its full-year guidance on Wednesday as demand for power supply solutions for AI data centers surged and automotive order intake improved, joining...
May 06, 2026
Novo Nordisk weight-loss pill powers profit beat in race to catch Eli Lilly
By Stine Jacobsen and Maggie Fick COPENHAGEN/LONDON, May 6 (Reuters) - Novo Nordisk beat first-quarter profit forecasts and nudged up its full-year outlook on Wednesday, helped by stronger-than-expect...
May 06, 2026
BMW holds 2026 outlook despite Q1 profit slump, shares jump on margin beat
By Rachel More BERLIN, May 6 (Reuters) - BMW maintained its 2026 financial guidance on Wednesday and signalled it could weather U.S. tariffs and Chinese competition, sending shares up nearly 5% despit...
May 06, 2026
Daimler Truck hit by US tariffs and weak North American demand
By Amir Orusov May 6 (Reuters) - Daimler Truck's first-quarter operating profit more than halved, hit by historically weak demand and import tariffs in its North American market, the German company sa...
May 06, 2026
Swiss eye care firm Alcon's quarterly revenue rises less than expected
By Simon Ferdinand Eibach Gdansk, May 6 (Reuters) - Swiss-American eye care company Alcon reported a 10% rise in its quarterly revenue, citing recent product launches as the main drivers. Alcon's net ...
May 06, 2026
