Flex Ltd. ( FLEX ) reported stronger-than-expected fiscal second-quarter results on Wednesday, surpassing Wall Street estimates and signaling continued momentum across its high-margin business units. The company posted adjusted earnings of 79 cents per share, up 23% from 64 cents a year earlier and above analysts' expectations of 75 cents. Quarterly net sales reached $6.80 billion, exceeding the consensus estimate...

(Reuters) -U.S. nuclear power generation is set to rise, analysts at Wood Mackenzie said, as surging demand driven by data centers strains grids across the country and a wave of tech companies sign deals to source power from the zero-carbon resource. A flurry of announcements in nuclear energy investments - most recently an $80 billion U.S. government partnership with the...

MILAN, Oct 29 (Reuters) - Italian tech company Bending Spoons said on Wednesday it will acquire AOL from Yahoo, which is backed by Apollo Global Management ( APO ), adding a storied internet brand to its growing portfolio of digital businesses. Bending Spoons said it secured a $2.8 billion debt financing package to support the acquisition, as well as investments...

11:40 AM EDT, 10/29/2025 (MT Newswires) -- PayPal's ( PYPL ) recent initiatives to improve its Branded Checkout business are expected to deliver gradual improvement, Morgan Stanley said in a Wednesday note. The brokerage said Branded Checkout growth remained at about 5% in Q3 and is likely to decelerate in Q4 due to macro uncertainty and a tough comparison with...