Reuters US Business

By Pritam Biswas (Reuters) -Coinbase Global reported a drop in adjusted profit for the second quarter on Thursday, as gains in subscription and services revenue were offset by weaker trading activity amid reduced cryptocurrency volatility. Retail crypto trading volumes remained sluggish in the second quarter as investor appetite remained muted amid market uncertainty and inflationary …

Coinbase quarterly profit falls on trading dip, shares fall Read More »

(Reuters) -First Solar raised its annual sales forecast on Thursday, as the U.S. solar panel maker expects higher prices for its products following additional tariffs on foreign-made panels. Shares of the Tempe, Arizona-based company rose over 4% after the bell. The solar industry, which has grappled with lackluster demand and high interest rates, is now …

First Solar raises annual sales outlook, expects higher prices due to tariffs Read More »

(This story has been republished to change an image with no changes to text.) By Luciana Magalhaes and Ana Mano SAO PAULO (Reuters) -Brazilian companies reacted with a mix of relief and doubt after the White House surprised them on Wednesday with a list of nearly 700 exceptions to the 50% tariff U.S. President Donald …

Brazilian companies react to Trump’s tariffs with relief and doubt Read More »

By Mike Scarcella (Reuters) -Alphabet’s Google on Thursday failed to persuade a U.S. appeals panel to overturn a jury verdict and federal court order requiring the technology company to revamp its app store Play. The San Francisco-based 9th U.S. Circuit Court of Appeals, in a unanimous ruling, rejected claims from Google that the trial judge made …

Google loses US appeal over app store reforms in Epic Games case Read More »

(Reuters) -AT&T will dual list on the NYSE Texas, the U.S. wireless carrier said on Thursday, marking the latest company to be drawn to the Lone Star state’s pro-business policies, lower taxes and strong economy. The dual listing of the Dallas-headquartered company, which has nearly 24,000 employees based in Texas, will be effective Friday, August …

AT&T to dual list on NYSE Texas in latest win for new exchange Read More »

By Lisa Richwine LOS ANGELES (Reuters) -Paramount Global posted second-quarter earnings that exceeded Wall Street estimates on Thursday as the company prepares for a sale to Skydance Media. Shares of Paramount rose 0.2% in after-hours trading to $12.60. The owner of the CBS broadcast network, a film studio and several cable channels reported adjusted earnings-per-share …

Paramount Global beats earnings target ahead of sale to Skydance Read More »

By Manya Saini, Niket Nishant and Echo Wang (Reuters) -Figma shares surged nearly 158% in their market debut on Thursday, valuing the design software maker at about $50 billion and setting the stage for a flurry of high-growth tech listings. The market for U.S. initial public offerings has bounced back from a tariff-driven volatility, which …

Design software maker Figma’s shares surge 158% in blowout market debut Read More »