AI firms surge after chip giant Nvidia discloses stake
By Medha Singh (Reuters) -Shares of smaller AI firms rallied on Thursday after the world’s most dominant artificial intelligence chipmaker,…
Uncategorized
Deere cuts 2024 profit view as borrowing costs hurt farm equipment demand
By Bianca Flowers and Shivansh Tiwary (Reuters) -Deere & Co cut its 2024 profit forecast on Thursday as farmers remained…
GM to invest $150 million in Canadian miner, agrees supply deal
(Reuters) – Canadian miner Nouveau Monde Graphite said on Thursday it has agreed to sign a multi-year supply agreement with…
Exclusive-Biden slashes F-35 jet order 18% in 2025 budget request, sources say
By Mike Stone WASHINGTON (Reuters) -U.S. President Joe Biden wants an 18% cut in the number of F-35 jets the…
Billionaire Peltz’s Trian criticizes Disney’s investment plans in letter to investors
(Reuters) – Billionaire Nelson Peltz’s Trian Fund Management criticized Walt Disney’s investment plans, calling it a “spaghetti against the wall…
Uber hits record high after unveiling first-ever $7 billion share buyback
By Samrhitha A (Reuters) -Uber Technologies shot to a record high on Wednesday after announcing its first-ever buyback of $7…
Bitcoin market cap crosses $1 trillion as buyers flood in
LONDON (Reuters) -The total value invested in bitcoin surpassed $1 trillion on Wednesday for the first time since November 2021…
JetBlue shares soar after Icahn takes 10% stake in airline
By Shivansh Tiwary and Rajesh Kumar Singh (Reuters) -Shares of JetBlue Airways surged on Tuesday after activist investor Carl Icahn…
Wall St ends sharply lower as hot inflation sparks sell-off
By Johann M Cherian, Ankika Biswas and Carolina Mandl (Reuters) -Wall Street’s main indexes tumbled on Tuesday after a higher-than-expected…
NYCB shares drop as rate worries add to CRE exposure risk
By Niket Nishant (Reuters) -New York Community Bancorp shares fell nearly 4% after inflation data on Tuesday on investor worries…