Moderna reports surprise profit, sets out road map for RSV vaccine
By Patrick Wingrove and Leroy Leo (Reuters) -Moderna on Thursday reported a surprise fourth-quarter profit, helped by cost cutting and…
February 2024
Google to pause Gemini AI model’s image generation of people due to inaccuracies
(Reuters) -Google is pausing its AI tool that creates images of people following inaccuracies in some historical depictions generated by…
Intel signs Microsoft as foundry customer, says on track to overtake TSMC
By Stephen Nellis and Max A. Cherney (Reuters) -Intel said on Wednesday that Microsoft plans to use its services to…
Rivian cuts jobs, forecasts annual production below estimates
By Akash Sriram and Abhirup Roy (Reuters) -Rivian said on Wednesday it would cut its workforce by 10% and forecast…
Google brings Gemini AI models to enterprise tools
(Reuters) – Google said on Wednesday that some of its artificial intelligence tools that it offers to businesses will be…
US inflation data for January made Fed’s job ‘harder,’ Barkin says
By Howard Schneider WASHINGTON (Reuters) – Inflation data in January, with consumer and wholesale prices rising faster than anticipated, complicate…
Piedmont Lithium to sell remaining stake in Sayona Mining for $39 million
(Reuters) – U.S. miner Piedmont Lithium said on Wednesday it would sell its remaining shares in Australian miner Sayona Mining…
Crypto firm Circle to end support for USDC stablecoin on Tron blockchain
By Tom Wilson LONDON (Reuters) -Major U.S. crypto firm Circle will end support for its USDC token on the Tron…
Nvidia dethrones Tesla as Wall Street’s most traded stock
By Noel Randewich (Reuters) -Chipmaker Nvidia is replacing Tesla as Wall Street’s most traded stock by value, adding to its…
Price-conscious shoppers lift Walmart earnings as it preps $2.3 billion Vizio deal
By Siddharth Cavale and Ananya Mariam Rajesh (Reuters) -Walmart kicked off U.S. retailers’ reporting season on Tuesday with robust fourth…