May 7 (Reuters) - Arista Networks ( ANET ) forecast second-quarter revenue above Wall Street estimates on Tuesday, anticipating higher demand for its cloud networking gear from a boom in artificial intelligence applications and chips. The results underscore strong spending on Arista's products such as Ethernet switches and routers from clients, including Microsoft ( MSFT ) and Meta Platforms (...

04:32 PM EDT, 05/07/2024 (MT Newswires) -- Manulife Financial ( MFC ) said Tuesday the Toronto Stock Exchange approved Manulife's amended normal course issuer bid (NCIB), increasing the size of its buyback program. The amendment iincreases the number of shares that Manulife may repurchase from up to 50 million, approximately 2.8% of shares outstanding, to up to 90 million, or...

04:36 PM EDT, 05/07/2024 (MT Newswires) -- Price: 248.41, Change: -0.35, Percent Change: -0.14 ...

Reddit, Inc. ( RDDT ) reported its first-quarter financial results after the bell Tuesday. Here's a look at the highlights.  The Details: Reddit ( RDDT ) reported quarterly losses of $8.19 per share which missed the analyst consensus estimate of losses $6.97 by 17.5%. Quarterly sales clocked in at $242.963 million, beating the analyst consensus estimate of $212.83 million by...