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Tesla chair denies report that EV maker seeks new CEO to replace Musk

Tesla chair denies report that EV maker seeks new CEO to replace Musk

By Abhirup Roy and Bipasha Dey (Reuters) -Tesla Chair Robyn Denholm on Thursday denied a Wall Street Journal report that said board members about a month ago had reached out to several executive search firms to find a replacement for CEO Elon Musk.  Tesla (NASDAQ:TSLA) shares rose 2.8% in early trading on Thursday after Denholm called the report "absolutely false" and said on X the EV maker†...

2025-05-02 01:44:59
Medical device maker Becton Dickinson cuts 2025 profit forecast on potential tariff hit

Medical device maker Becton Dickinson cuts 2025 profit forecast on potential tariff hit

(Reuters) -Medical device maker Becton Dickinson (NYSE:BDX) lowered its annual profit forecast on Thursday, in anticipation of a potential hit from U.S. President Donald Trump’s tariffs, sending its shares down 5% in premarket trading. The manufacturer and distributor of medical and surgical products also said it intends to invest $2.5 billion in U.S. manufacturing capacity over the next 5 years ...

2025-05-02 01:44:01
Apple must pay Optis $502 million lump sum in UK patent dispute, court rules

Apple must pay Optis $502 million lump sum in UK patent dispute, court rules

LONDON (Reuters) -Apple must pay a U.S. patent holder $502 million for the use of 4G patents in devices including iPhones and iPads, London’s Court of Appeal ruled on Thursday, in the latest stage of a long-running legal battle. Texas-based Optis Cellular Technology LLC sued Apple (NASDAQ:AAPL) in London in 2019 over its use of patents which Optis says are essential to certain technological stan ...

2025-05-02 01:43:04
Meta, Microsoft and Tesla rise premarket; Apple, McDonald’s fall

Meta, Microsoft and Tesla rise premarket; Apple, McDonald’s fall

Investing.com -- U.S. stock futures rose Thursday, as investors digested more corporate earnings, in particular from Big Tech giants. Here are some of the biggest premarket U.S. stock movers today:Meta Platforms (NASDAQ:META) stock climbed 6.2% after the Facebook and Instagram parent reported better-than-expected first-quarter results and upbeat guidance that pointed to increased spending on artif ...

2025-05-02 01:42:07