(Reuters) – AutoZone beat estimates for third-quarter profit on Tuesday, driven by strong demand for automotive parts as more Americans held on to their ageing cars amid higher prices and wait times for newer models. Quarterly net sales at the auto parts supplier, which competes with Advance Auto Parts and O’Reilly Automotive, rose 3.5% to…
(Reuters) -PepsiCo said on Tuesday it would expand its fleet of electric vehicles in California, deploying 50 Class 8 Tesla Semi trucks and 75 Ford E-Transit electric vans at its facilities in the state over the next several months. The beverage maker said the move would help “step-change” the electrification of its equipment services fleet…
LONDON (Reuters) – Ether was set for its largest two-day gain in nearly two years on Tuesday amid speculation about the outcome of applications for U.S. spot exchange-traded funds that track the world’s second-biggest cryptocurrency, while bitcoin also approached a record high. Ether, which underpins the ethereum blockchain network, was 8% higher on the day…
By Max A. Cherney SEATTLE (Reuters) – Microsoft talked up new tools on Tuesday aimed at encouraging programmers to build the AI-focused technology into Windows-related software as it races against Alphabet, Amazon.com and Apple to dominate the emerging technology. At a developer conference in Seattle, Chief Executive Satya Nadella promoted new application programming interfaces, or…
