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In court on Tuesday, defense lawyers said a raid on Sean ‘Diddy’ Combs’ jail cell was improper.Photos of Combs’ handwritten to-do list should never have been given to prosecutors, a lawyer said.The lawyer said he may now seek dismissal of the case or recusal of the entire prosecution team.Lawyers for…
By Savyata Mishra (Reuters) -Home Depot forecast a smaller drop in annual same-store sales on Tuesday, benefiting from resilient demand from professional contractors, as well as a lift from hurricane-related spending in the current quarter. The top U.S. home improvement chain also posted better-than-anticipated third-quarter results, a stark contrast from…
By Max A. Cherney, Deborah Mary Sophia SAN FRANCISCO (Reuters) -Chip designer Arm Holdings (NASDAQ:) on Wednesday forecast revenue in line with Wall Street targets, sparking a 4.5% drop in shares that some analysts attributed to dashed hopes for stronger, AI-fueled growth. Bets that Arm, which licenses its designs, will…
By Summer Zhen and Jiaxing Li HONG KONG/SHANGHAI (Reuters) – and stock markets fell sharply on Wednesday as the prospect of another Donald Trump presidency and Republican control of U.S. Congress risked heightened tensions over trade and technology. By the time Chinese markets closed, Trump had claimed victory over Democrat…
By Daniel Leussink TOKYO (Reuters) – Toyota Motor (NYSE:) is expected to post its first profit drop in two years when it reports second-quarter earnings on Wednesday, signalling cooling demand after a run of robust earnings helped by a consumer shift away from electric vehicles. The world’s largest automaker is…
By Lisa Pauline Mattackal (Reuters) -Wall Street was set to open lower on Thursday as warnings from Meta Platforms (NASDAQ:) and Microsoft (NASDAQ:) about rising AI costs sobered some of the buzz around megacap stocks, which have been the market’s primary driver this year. Shares of Facebook-owner Meta dipped 1.4%…
By Arsheeya Bajwa (Reuters) – Intel (NASDAQ:) is expected to report its biggest quarterly revenue drop in five quarters on Thursday, potentially signaling more erosion of data center and personal computer market share for the once iconic American chipmaker. Shareholders have turned their focus to CEO Pat Gelsinger’s attempts to…
A look at the day ahead in U.S. and global markets from Mike Dolan A monster Halloween week of critical market events kicked off with a sharp slide in both crude oil prices and Japan’s yen as tensions eased somewhat in the Middle East while Japan’s election injected a rare…
Investing.com — Despite a swirl of negative developments, U.S. equity markets continue to power higher, leaving many wondering why stocks seem impervious to bad news. Last week’s headlines featured plenty of reasons for the market to falter, yet the rose 1.11% and hit a new all-time high, with the index…
When my older daughter started first-grade several years ago, my social media feed exploded with cute first-day-of-school photos of smiling kids posing outside their homes and schools. I texted my spouse from work, “Did you get any first-day pics?” knowing that I’d be crushed if she didn’t document the day.…
