Factbox-How megacap stocks fared after hitting $1 trillion in market cap
NEW YORK (Reuters) – A mammoth run in shares of Nvidia Corp has vaulted the chipmaker into a rarified club:…
Business
Despite Nvidia’s rally, some say the stock is actually cheaper
By Sinéad Carew and Noel Randewich NEW YORK/SAN FRANCISCO (Reuters) -Even after Nvidia Corp’s blistering rally in recent days, the…
U.S. holiday air passenger travel tops 2019 pre-COVID levels
By David Shepardson WASHINGTON (Reuters) -U.S. holiday air passenger travel topped 2019 pre-COVID levels over the Memorial Day weekend, which…
Marketmind: All eyes on China’s PMIs
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian market focus…
Hewlett Packard Enterprise misses quarterly revenue estimates
(Reuters) – Hewlett Packard Enterprise Co missed Wall Street estimates for second-quarter revenue on Tuesday, as clients scale down spending…
Noncompete agreements violate US labor law, official says
By Daniel Wiessner (Reuters) – A U.S. labor board official on Tuesday said requiring workers to sign agreements not to…
Investors who showed Q1 bets on Nvidia may have got boost as it joined $1 trillion club
By Carolina Mandl NEW YORK (Reuters) – Nvidia Corp’s debut in the club of U.S. companies valued at $1 trillion…
Delta Air Lines faces proposed U.S. class action over carbon neutral claims
By Allison Lampert and Clark Mindock (Reuters) – Delta Air Lines is facing a proposed class action lawsuit over advertising…
Cost of insuring against US default contracts further on debt bill hopes
LONDON (Reuters) – The cost of insuring exposure to a U.S. debt default fell further on Tuesday, reflecting investor optimism…
Top AI CEOs, experts raise ‘risk of extinction’ from AI
By Supantha Mukherjee and Martin Coulter STOCKHOLM/LONDON (Reuters) – Top artificial intelligence (AI) executives including OpenAI CEO Sam Altman on…