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,...

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...

WASHINGTON, Sept 10 (Reuters) - The federal government is barring states from allowing electric vehicles and other clean cars to use carpool lanes without meeting vehicle occupancy requirements starting Oct. 1, California officials said on Wednesday. California Governor Gavin Newsom said single drivers with the state's Clean Air Vehicle decal will no longer be able to use carpool lanes or...

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...