Broadcom hits trillion-dollar valuation on lofty forecasts for AI demand
By Arsheeya Bajwa and Siddarth S (Reuters) – Broadcom is predicting a massive expansion in demand for chips that power…
Time magazine names President-elect Trump ‘Person of the Year’
By Helen Coster NEW YORK (Reuters) -Time magazine named U.S. President-elect Donald Trump its “Person of the Year” on Thursday,…
Stifel expects S&P 500 to peak in early 2025 before falling
(Reuters) – Stifel expects the S&P 500 index to peak in the first half of 2025, then fall 10% to…
Nvidia steps up hiring in China to focus on AI-driven cars, Bloomberg News reports
(Reuters) -Nvidia has added about 200 people in China this year to enhance its research capabilities and focus on new…
Trump, asked about chances of war with Iran, says ‘anything can happen’
WASHINGTON (Reuters) – U.S. President-elect Donald Trump said “anything can happen” when asked about the chances of going to war…
Apple to bring satellite communications to smartwatch next year, Bloomberg News reports
(Reuters) – Apple plans to bring satellite connections to its smartwatch in 2025 and is ramping up work on a…
GameStop reports fall in third-quarter revenue as consumers curb spending
(Refiles to remove extraneous words in paragraph 2) (Reuters) – Videogame retailer GameStop reported a fall in third-quarter revenue on…
Google parent Alphabet jumps on quantum chip breakthrough
(Reuters) – Shares of Google parent Alphabet rose about 5% on Tuesday after it unveiled a new generation chip that…
Trump says anyone investing $1 billion in US will receive expedited permits
WASHINGTON (Reuters) -U.S. President-elect Donald Trump said on Tuesday that any person or company investing at least $1 billion into…
Musk spent over a quarter of a billion dollars to help elect Trump
By Tim Reid and Jason Lange WASHINGTON (Reuters) – Elon Musk spent over a quarter of a billion dollars to…