‘The boom is over’: Venezuelans lament end of brief dollarization boost
By Mayela Armas CARACAS (Reuters) – When Venezuela’s economy was showing tentative signs of recovery in 2020, Enrique Perrella thought…
2023
Robinhood to buy back Bankman-Fried’s stake from US govt for $605.7 million
By Manya Saini and Hannah Lang (Reuters) -Robinhood said on Friday it had entered into a share repurchase agreement with…
US construction spending rises strongly in July on single-family housing
WASHINGTON (Reuters) – U.S. construction spending increased solidly in July as a shortage of houses on the market boosted outlays…
Propelling Automotive Innovation: Qualcomm’s Drive Towards a Tech-Driven Future
Qualcomm Inc (NASDAQ:QCOM) is harnessing the capabilities of advanced artificial intelligence (AI) to amplify its presence in the automotive chip…
Factbox-What are global companies saying about China’s economy?
(Reuters) – United States Commerce Secretary Gina Raimondo has said U.S. companies have raised concerns that China has become “uninvestible”,…
Salesforce rallies as profitability push pays off
By Aditya Soni (Reuters) -Salesforce rallied over 5% on Thursday after its strong earnings report showed that cost cuts were…
Nvidia’s Export of AI Chips Caught Amid Biden’s Tech-Focused China Policy
The Biden Administration’s Pause: Nvidia’s Microchip Sales Affected In a strategic move with global implications, the Biden administration has halted…
France’s Eramet to resume manganese mining in Gabon after halt over coup
By Sybille de La Hamaide and Dominique Vidalon PARIS (Reuters) -French miner Eramet, which on Wednesday suffered heavy stockmarket losses…
Assessing Nvidia’s Valuation: Cathie Wood Envisions Universal AI Integration
Artificial intelligence has swiftly entered the common vocabulary of most investors, a trend that hasn’t escaped the attention of Cathie…
Uber Eats Set to Launch AI Companion to Assist in Choosing Your Next Meal
With the rapid advancements in artificial intelligence technology, an increasing number of companies are actively exploring ways to incorporate this…