Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Nvidia to invest up to $2.1 billion in IREN as part of AI data center deal
May 7 (Reuters) - Nvidia will invest up to $2.1 billion in data center operator IREN, as part of a broader deal to deploy up to 5 gigawatts of infrastructure to keep up with soaring artificial intelli...
May 07, 2026
Trading Day: Markets draw breath
By Jamie McGeever ORLANDO, Florida, May 7 (Reuters) - U.S. and global stocks hit new highs before ending lower on Thursday as chip stocks gave back some of their blistering gains, while oil clawed bac...
May 07, 2026
Argentina analysts hike up 2026 inflation, trim growth forecasts in central bank poll
BUENOS AIRES, May 7 (Reuters) - Argentina analysts raised their estimates for the country's annual inflation this year and trimmed their economic growth expectations, according to a central bank marke...
May 07, 2026
News Corp beats revenue estimates on Dow Jones, real-estate strength
May 7 (Reuters) - News Corp beat Wall Street expectations for third-quarter revenue on Thursday, aided by strong growth in its Dow Jones and real-estate services units. The company, which owns several...
May 07, 2026
Monster Beverage beats estimates on strong demand for energy drinks
May 7 (Reuters) - Monster Beverage beat Wall Street expectations for first-quarter revenue and profit on Thursday, as demand for energy drinks remained strong despite broader economic uncertainty. Hea...
May 07, 2026
US trade court rules Trump tariffs illegal, but issues narrow block
By Dietrich Knauth and Tom Hals NEW YORK, May 7 (Reuters) - A U.S. trade court dealt another blow to President Donald Trump's tariff strategy, ruling that his latest 10% temporary global duties are un...
May 07, 2026
Microchip Tech forecasts quarterly revenue above estimates on strong chip demand
May 7 (Reuters) - Microchip Technology forecast first-quarter revenue above estimates on Thursday, betting on strong demand for its chips used in industrial and automotive sectors. Shares of the Chand...
May 07, 2026
Fed's Williams says demand remains robust for US government debt
By Michael S. Derby NEWBURGH, New York, May 7 (Reuters) - Federal Reserve Bank of New York President John Williams said on Thursday that demand for U.S. government debt remains robust despite high lev...
May 07, 2026
Coinbase logs second straight quarterly loss as crypto trading momentum fades
By Rishab Shaju and Pritam Biswas May 7 (Reuters) - Cryptocurrency exchange Coinbase Global on Thursday recorded a second-consecutive quarter of losses, as a crypto-driven market volatility sapped the...
May 07, 2026
Block raises annual gross profit outlook as Cash App stands out
May 7 (Reuters) - Jack Dorsey-led Block raised its full-year outlook on Thursday as the payments firm benefited from resilient consumer spending and strong growth in its core businesses. The Oakland, ...
May 07, 2026
