NEW YORK (Reuters) -A U.S. judge on Wednesday dismissed a lawsuit accusing Coupang ( CPNG ), an e-commerce company sometimes referred to as the Amazon ( AMZN ) of South Korea, of defrauding shareholders during and after its 2021 initial public offering. U.S. District Judge Vernon Broderick in Manhattan said none of Coupang's ( CPNG ) challenged statements and omissions...

Advanced Micro Devices Inc ( AMD ) shares are trading higher Wednesday, reacting to Oracle’s first-quarter financial results. While Oracle narrowly missed Wall Street’s earnings and revenue estimates, its stock soared due to an overwhelmingly positive outlook for its cloud division, creating a ripple effect for key partners like AMD. What To Know: Investors shrugged off the slight earnings miss,...

Sept 10 (Reuters) - Cigna ( CI ) said on Wednesday the percentage of employers paying for obesity drugs has remained flat year-over-year, though the health insurer still sees an uptick in demand for the wildly popular treatments. More than 50% of its Evernorth unit's clients, a group that includes large employers and health plans, cover the drugs for weight...

02:23 PM EDT, 09/10/2025 (MT Newswires) -- OpenAI signed a deal with Oracle (ORCL) to purchase $300 billion of its computing power over a period of about five years, The Wall Street Journal reported Wednesday, citing people familiar with the matter. OpenAI and Oracle didn't immediately reply to a request for comment from MT Newswires. (Market Chatter news is derived...