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Deckers Outdoors raises annual sales forecast on strong demand for Hoka shoes

UPDATE 2-Deckers Outdoors raises annual sales forecast on strong demand for Hoka shoes Adds details from conference call in paragraph 8 Oct 24 (Reuters) - Deckers Outdoor DECK.N beat Wall Street estimates for second-quarter results and raised its annual sales forecast on Thursday, on the back of strong demand for its brands UGG boots and Hoka running shoes.
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Deckers Outdoors raises annual sales forecast on strong demand for Hoka shoes

Deckers Outdoors raises annual sales forecast on strong demand for Hoka shoes Oct 24 (Reuters) - Deckers Outdoor DECK.N beat Wall Street estimates for second-quarter results and raised its annual sales forecast on Thursday, as its brands such as UGG boots and Hoka running shoes continue to resonate with customers. The company's shares were up 8.5% at $164.80 after the bell, set to add to the about 35% gain so far this year.
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Honeywell sales projections fall short due to ongoing supply-chain disruptions

UPDATE 2-Honeywell sales projections fall short due to ongoing supply-chain disruptions Updates shares in paragraph 5 By Utkarsh Shetti and Anandita Mehrotra Oct 24 (Reuters) - Honeywell HON.N projected annual sales below Wall Street expectations and missed quarterly revenue estimates on Thursday as the industrial giant struggles with persistent supply-chain disruptions and weakness in its industrial automation business.
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Huawei Cloud sees fast business growth in South Africa

Huawei Cloud sees fast business growth in South Africa JOHANNESBURG, Oct 24 (Reuters) - Huawei HWT.UL Cloud's business in South Africa has grown fast over the past five years and it plans to launch more cloud solutions to expand market share to boost revenue, a company executive said on Thursday. Increased demand for faster computing from South African firms and the government has attracted big cloud operators into the country, with Huawei the first international vendor to host a local 'hypersca
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White House presses gov't AI use with eye on security, guardrails

UPDATE 1-White House presses gov't AI use with eye on security, guardrails White House memo directs AI adoption by U.S. agencies Sullivan emphasizes need for rapid AI deployment for national security Memo also addresses need to balance privacy, human rights Adds national security adviser in paragaphs 3-5 WASHINGTON, Oct 24 (Reuters) - The Biden administration outlined plans on Thursday for the U.S.
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White House presses gov't AI use with eye on security, guardrails

White House presses gov't AI use with eye on security, guardrails WASHINGTON, Oct 24 (Reuters) - The Biden administration on Thursday unveiled plans to push artificial intelligence across the federal government for national security while saying its adoption must still reflect values such as privacy and civil rights. In a memo, the White House directed U.S.
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Wall Street set to bounce back as Tesla soars

US STOCKS-Wall Street set to bounce back as Tesla soars For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Tesla jumps after strong sales forecast UPS advances following quarterly profit beat Boeing down after workers reject latest contract Weekly jobless claims lower than forecasts Futures: Dow down 0.1%, S&P 500 up 0.52%, Nasdaq up 1% Updated at 8:35 a.m.
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How to harvest cash crops amid a retail drought

RPT-BREAKINGVIEWS-How to harvest cash crops amid a retail drought The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jeffrey Goldfarb NEW YORK, Oct 23 (Reuters Breakingviews) - This century’s 10 best large U.S. stocks predictably include Nvidia, Netflix and Apple. Unexpectedly squeezed among the titans of technology, however, is a bricks-and-mortar purveyor of chicken feed, wheelbarrows and coveralls: Tennessee-based Tractor Supply TSCO.O .
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S&P 500, Nasdaq futures boosted by Tesla gains

US STOCKS-S&P 500, Nasdaq futures boosted by Tesla gains For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Tesla soars after strong sales forecast UPS advances following quarterly profit beat Boeing down after workers reject latest contract Futures: Dow down 0.12%, S&P 500 up 0.46%, Nasdaq up 0.83% Updated at 07:07 a.m.
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UK watchdog probes Alphabet's deal with Anthropic

UPDATE 3-UK watchdog probes Alphabet's deal with Anthropic Adds Anthropic response in pars 7 and 8 By Martin Coulter Oct 24 (Reuters) - Britain's antitrust watchdog launched a probe on Thursday into Google parent Alphabet's GOOGL.O partnership with artificial intelligence startup Anthropic over competition concerns. Almost two years after Microsoft-backed MSFT.O OpenAI triggered an AI boom with the release of ChatGPT , regulators around the world have been increasingly concerned by deals struck
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UK's competition regulator launches probe into Alphabet's AI partnership with Anthropic

UK's competition regulator launches probe into Alphabet's AI partnership with Anthropic Oct 24 (Reuters) - UK's competition regulator launched a probe on Thursday into Google parent Alphabet's GOOGL.O partnership with artificial intelligence startup Anthropic. The regulator has set Dec. 19 as the deadline for its Phase 1 decision. Reporting by Prer
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UPS returns to profit, revenue growth ahead of crucial holidays; shares jump

UPDATE 4-UPS returns to profit, revenue growth ahead of crucial holidays; shares jump Adds CFO comment in paragraph 3 and CEO comment in paragraphs 9 -10; adds bullet points UPS raises full-year adjusted operating margin forecast Volume growth driven by China-linked e-retailers and Amazon Retail customers temper volume expectations for holiday season Adjusted third-quarter profit of $1.76 per share tops Wall St estimates Shares gain more than 5% By Ananta Agarwal, Lisa Baertlein Oct 24 (Reuters)
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Futures bounce after selloff as Tesla jumps 11%

US STOCKS-Futures bounce after selloff as Tesla jumps 11% For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures: Dow down 0.09%, S&P 500 up 0.36%, Nasdaq up 0.67% Oct 24 (Reuters) - Futures tracking the S&P 500 and the Nasdaq 100 rose on Thursday as an upbeat forecast from Tesla kicked off megacap earnings on a positive note, following declines in major indexes in the previous session.
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Europe agency says it is in talks with SpaceX on tackling space junk

EXCLUSIVE-Europe agency says it is in talks with SpaceX on tackling space junk European Space Agency heading initiative to reduce orbital junk ESA chief says in talks with SpaceX to join Zero Debris charter Almost 19,000 pieces of space junk circling Earth, expert says By Tim Hepher and Joey Roulette PARIS/WASHINGTON, Oct 24 (Reuters) - The European Space Agency is in talks with SpaceX about the possibility of Elon Musk's space venture joining an international charter designed to reduce a growin
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TSMC halts chip supply to customer after finding it in Huawei product, source says

UPDATE 1-TSMC halts chip supply to customer after finding it in Huawei product, source says Updates Oct 23 story to add comment from second source, paragraph 5 TAIPEI, Oct 23 (Reuters) - Taiwan Semiconductor Manufacturing Co 2330.TW has suspended shipments to a customer after it discovered that one of its chips supplied to the client ended up in a Huawei product, according to a Taiwan official familiar with the situation.
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Wall Street closes down, pressured by tech losses and worries about rates

US STOCKS-Wall Street closes down, pressured by tech losses and worries about rates McDonald's falls after E. coli outbreak Texas Instruments up as profit beats forecasts Boeing falls after results; contract vote awaited Tesla earnings expected after the bell Adds official closing numbers, volume and updates individual stock prices By Lisa Pauline Mattackal, Purvi Agarwal and Carolina Mandl Oct 23 (Reuters) - Wall Street closed lower on Wednesday, as climbing Treasury yields pressured megacap st
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Wall Street closes down, pressured by tech losses and worries about rates

US STOCKS-Wall Street closes down, pressured by tech losses and worries about rates McDonald's falls after E. coli outbreak Texas Instruments up as profit beats forecasts Boeing falls after results; contract vote awaited Tesla earnings expected after the bell Updates at 4pm ET/8pm GMT By Lisa Pauline Mattackal, Purvi Agarwal and Carolina Mandl Oct 23 (Reuters) - Wall Street closed lower on Wednesday, as climbing Treasury yields pressured megacap stocks and investors grew less confident about str
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Judge nixes newspaper's attack on NLRB, but says it's 'not outlandish'

Judge nixes newspaper's attack on NLRB, but says it's 'not outlandish' By Daniel Wiessner Oct 23 (Reuters) - A federal judge has rejected a Pittsburgh newspaper publisher's claims that the National Labor Relations Board's structure is unconstitutional, but suggested that decades of precedent backing the agency could be vulnerable to a growing number of legal challenges.
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Startup Hugging Face aims to cut AI costs with open source offering

Startup Hugging Face aims to cut AI costs with open source offering By Stephen Nellis Oct 23 (Reuters) - Hugging Face on Wednesday said it is releasing a new open-source software offering with Amazon.com AMZN.O , Alphabet's GOOGL.O Google and others aimed at lowering the costs for building chatbots and other AI systems. New York-based startup Hugging Face has become a central place where AI software developers share code with one another and is valued at $4.5 billion.
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UPS seen grappling with hit from cheap deliveries ahead of key holiday season

UPDATE 1-UPS seen grappling with hit from cheap deliveries ahead of key holiday season Adds analyst comment in paragraphs 4-5 By Lisa Baertlein and Ananta Agarwal Oct 23 (Reuters) - Wall Street expects United Parcel Service UPS.N to report a rise in adjusted quarterly profit on Thursday, even as concern mounts over stubbornly soft demand for lucrative overnight shipping heading into the vital holiday delivery season.
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