Author Archives: Syndicated Content
Seagate sees Q3 revenue in line with market estimates on recovering PC market
By Yamini Kalia (Reuters) - Seagate Technology forecast its third-quarter revenue in line with analysts' estimates on Wednesday, in a sign that the ongoing recovery in the personal computer (PC) and c...
Jan 24, 2024
SK Hynix swings to Q4 profit on strong AI chip demand
SEOUL (Reuters) -South Korea's SK Hynix on Thursday posted its first quarterly profit in a year on robust demand for high-end chips used in artificial intelligence and restocking orders from Chinese m...
Jan 24, 2024
US FDA examined 22 cases of cancers in CAR-T probe -officials
NEW YORK (Reuters) - The U.S. Food and Drug Administration has been looking into 22 cases of T-cell cancers that occurred after treatment with CAR-T, two top FDA officials said on Wednesday, days afte...
Jan 24, 2024
ResMed beats estimates on strong sleep apnea device sales
(Corrects dateline to Jan 24) (Reuters) - ResMed beat Wall Street estimates for second-quarter revenue and profit on Wednesday, powered by strong demand for its respiratory devices used to treat sleep...
Jan 24, 2024
Qatar says Netanyahu's reported criticism undermines Gaza mediation
JERUSALEM (Reuters) - Qatar said on Wednesday it was "appalled" by Israeli Prime Minister Benjamin Netanyahu's alleged remarks on its mediation role in the Gaza war after he called the Gulf state "pro...
Jan 24, 2024
Nearly all US Senate Democrats back two-state solution for Israel and Palestinians
By Patricia Zengerle WASHINGTON (Reuters) - An overwhelming majority of President Joe Biden's fellow Democrats in the Senate on Wednesday backed a statement reiterating U.S. support of a two-state sol...
Jan 24, 2024
Australia's Labor government defends shift in personal tax policy
By Renju Jose SYDNEY (Reuters) - Australia's centre-left Labor government on Thursday defended proposed tax rule changes that would trim benefits to the wealthy while giving low-income earners more br...
Jan 24, 2024
Tesla gross margin falls on price cuts, shares tank
(Reuters) - Tesla on Wednesday reported a fall in fourth-quarter gross margin from a year earlier as it cut prices and offered incentives to boost demand for its electric vehicles. Shares of the Austi...
Jan 24, 2024
Lam Research delivers strong results, forecast as electronics demand recovers
(Reuters) - Lam Research forecast third-quarter revenue largely above analysts' estimates and topped expectations on Wednesday, as chipmakers placed orders for the company's manufacturing equipment on...
Jan 24, 2024
Exclusive-Biden administration urges US Congress to approve F-16 sale to Turkey -sources
By Humeyra Pamuk, Patricia Zengerle and Mike Stone WASHINGTON (Reuters) - U.S. President Joe Biden's White House sent a letter to members of Congress on Wednesday urging approval of a $20 billion sale...
Jan 24, 2024
