(Reuters) -EOG Resources beat fourth-quarter profit estimates on Thursday, as higher production at the oil and gas firm helped offset lower oil prices.Shares of the company were, however, down 3.5% after market hours as its net income more than halved, falling to $1.25 billion from $1.998 billion in the year-ago quarter. Overall quarterly revenue fell 12% to $5.59 billion due to the lower oil reve ...
By Katie Paul(Reuters) - Meta Platforms (NASDAQ:META) plans to test a paid subscription service for its AI-enabled chatbot Meta AI, similar to those offered by OpenAI and Microsoft (NASDAQ:MSFT) to access advanced versions of their chatbots, a source familiar with the matter told Reuters on Thursday.The source said the test will begin in the second quarter this year, but they do not expect the sub ...
(Reuters) - Tesla (NASDAQ:TSLA) has applied for a permit typically associated with chauffeur-operated services, according to California regulators, marking the first phase of a series of regulatory approvals required for the electric car maker to eventually launch a promised robotaxi service. The automaker currently has the approval to test autonomous vehicles with a safety driver in California, b ...
(Reuters) -California’s $21 billion wildfire fund may shield Edison International (NYSE:EIX)’s balance sheet if equipment owned by the company’s electric utility is found to have caused a deadly Los Angeles fire last month, Edison’s CEO said on Thursday.Southern California Edison, one of the state’s largest electric utilities, faces a swelling number of lawsuits claiming its power lines ...