Business

AI boom drives trillion-dollar tech valuations and record bets on chipmakers

AI boom drives trillion-dollar tech valuations and record bets on chipmakers

(Reuters) -Top technology companies hit fresh valuation milestones in October, as their shares climbed on expectations of robust demand for…

October 30, 2025

Burger King parent beats quarterly estimates on resilient restaurant traffic

By Neil J Kanatt (Reuters) -Restaurant Brands beats quarterly sales and profit estimates on Thursday, helped by resilient traffic at…

October 30, 2025

State Street takes US fund arm out of climate group

(Corrects first paragraph to say that State Street is the fourth-biggest asset manager, not third-biggest.) By Simon Jessop and Ross…

October 30, 2025

Wall Street opens lower after mixed tech earnings, Fed comments

(Reuters) - Wall Street's main stock indexes opened lower on Thursday after mixed earnings reports from large technology firms and…

October 30, 2025

Travel tech firm Navan set for Nasdaq debut after $923 million US IPO

By Manya Saini (Reuters) -Navan is set to make its Nasdaq debut later on Thursday, after the travel technology company…

October 30, 2025

Wolfspeed forecasts second-quarter revenue below estimate

(Corrects headline and paragraph 1 in Oct. 29 story to say Wolfspeed forecast second-quarter revenue below estimates, not that it…

October 30, 2025

Struggling Puma vows to fight discounting, cut product range and boost brand

By Alexander Hübner and Helen Reid HERZOGENAURACH, Germany (Reuters) -Puma's new CEO set out his turnaround plan on Thursday, saying…

October 30, 2025

Yen weakens as BOJ offers few rate clues; investors indecisive after Trump-Xi deal

By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) -The yen tumbled sharply on Thursday after the Bank of Japan (BOJ)…

October 30, 2025

Vishwa Sindhi Hindu Foundation of Associations (VSHFA) to Hold Grand “Shashakt Samaj” at Vigyan Bhawan, New Delhi

New Delhi [India], October 30: The date will mark a grand celebration of “Shashakt Samaj – Samridh Bharat” organized by…

October 30, 2025

Lufthansa hits third-quarter forecasts despite weaker North Atlantic market

By Joanna Plucinska and Ilona Wissenbach LONDON (Reuters) -Lufthansa reported quarterly operating earnings slightly above expectations on Thursday and said…

October 30, 2025