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Category: SRN News

Spotify forecasts fourth-quarter profit above estimates on AI bets

Oct 22 (Reuters) – Spotify forecast fourth-quarter profit above Wall Street estimates on Thursday, as the Swedish music streaming company bets on its AI-powered features to drive user growth in the crucial holiday season. The company expects operating income of €820 million ($920.53 million), compared…

US Supreme Court rulings reshape midterm election battlefield

By John Kruzel WASHINGTON, Oct 22 (Reuters) – The November 3 midterm elections are quickly approaching after an electoral cycle shaped to an unusual degree by decisions of the US Supreme Court, a development that prompted Justice Elena Kagan to voice alarm this week. Republicans…

Southern Italy truckers ease protests as government lines up aid

By Francesca Piscioneri and Alvise Armellini ROME, Oct 22 (Reuters) – Truck drivers’ protests that have seriously affected fuel and food supplies in southern Italy were easing on Thursday as Prime Minister Giorgia Meloni’s government was lining up aid and taking a harder line against…

Nasdaq futures drop over 1% as AI worries resurface, oil climbs

Oct 22 (Reuters) – Nasdaq futures slid more than 1% on Thursday as high-growth stocks faced renewed pressure after earnings from Tesla and Meta Platforms did little to allay concerns over AI spending, while a rebound in oil prices further dampened sentiment. The weakness follows…

Italy, Spain lift border controls brought in after Ceuta migrant rush

ROME, Oct 22 (Reuters) – Italy and Spain have agreed to lift border controls on each other’s citizens, the interior ministry in Rome said on Friday, ending a three-month dispute triggered by the rush of migrants into the Spanish enclave of Ceuta. Italy’s right-wing government…

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