Marvell’s Shares Get AI Boost A Day After Nvidia’s Surge
(Reuters) – Shares of Marvell Technology soared about 23% on Friday after the chipmaker became the latest to project a…
Reuters
Russian Central Bank Plays Down Impact Of Foreign Company Exits
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – Only five transactions involving foreign companies selling assets in Russia since…
US Consumer Spending Beats Expectations In April; Inflation Picks Up
WASHINGTON (Reuters – U.S. consumer spending increased more than expected in April, boosting the economy’s growth prospects for the second…
U.S. Treasury’s Adeyemo Sees No Ability To ‘triage’ Payments Without Debt Limit Hike
WASHINGTON (Reuters) – Deputy U.S. Treasury Secretary Wally Adeyemo said on Friday that the U.S. government does not have the…
Norway Adds Pressure As Oil Major Climate Protests Heat Up
By Victoria Klesty, Benjamin Mallet and America Hernandez (Reuters) – Pressure mounted on oil majors on Friday as Norway’s giant…
China Eastern Set To Operate C919’s First Commercial Flight On Sunday
By Sophie Yu and Brenda Goh BEIJING (Reuters) -China Eastern Airlines, the initial customer for the country’s homegrown narrow-body jet…
Dollar Set For Third Week Of Gains As US Debt Talks Loom Large
By Iain Withers LONDON (Reuters) – The dollar eased on Friday but remained on track for a third straight weekly…
Japan And US To Commit To Closer Chip Cooperation In Joint Statement-source
TOKYO (Reuters) -Japan and the United States will issue a joint statement on technology cooperation on Friday that will commit…
OpenAI Has No Plans To Leave Europe -CEO
By Supantha Mukherjee (Reuters) – OpenAI has no plans to leave Europe, CEO Sam Altman said on Friday, reversing a…
Analysis-Investing In AI: How To Avoid The Hype
By Naomi Rovnick LONDON(Reuters) – Experienced tech investors are hunting for undervalued opportunities in an over-valued space. At stake…