Business

(Reuters) — HP Inc missed Wall Street estimates for first-quarter revenue on Wednesday, marking a seventh straight quarter of decline, driven by sluggish demand in the personal computers (PC) market as customers delay system upgrades. Shares of HP, which is the second-largest PC vendor in the world…

CHARLOTTE, N.C (TNS) — Despite turning a profit on its streaming business, Warner Bros. Discovery shares were battered Friday morning after the company failed to hit its estimates on revenue and posted a larger-than-expected loss in the fourth quarter. WBD saw its stock price drop as much as 13% af…

SAN FRANCISCO (Reuters) — Social media platform Reddit has struck a deal with Google to make its content available for training the search engine giant’s artificial intelligence models, three people familiar with the matter said. The contract with Alphabet-owned Google is worth about $60 mill…

MADRID/LONDON (Reuters) — Zara owner Inditex, the world’s biggest listed fast fashion company by sales, is expanding its low-priced Gen Z-focused brand Lefties to counter Chinese-founded rival Shein. The rapid growth of Shein, an online marketplace with no physical stores, is putting pressure…