Exclusive-Meta to deploy in-house custom chips this year to power AI drive – memo
By Katie Paul, Stephen Nellis and Max A. Cherney (Reuters) – Facebook owner Meta Platforms plans to deploy into its…
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Fed, earnings and economic data to test US stocks near record highs
(This Jan. 26 story has been corrected to fix the release date of Meta Platforms earnings results in paragraph 3.)…
Factbox-Elon Musk’s ‘unfathomable’ $56 billion Tesla pay package
(Reuters) – A Delaware judge has tossed out Elon Musk’s record-breaking $56 billion Tesla pay package, calling the compensation granted…
Investors punish Microsoft, Alphabet as AI returns fall short of lofty expectations
By Jeffrey Dastin and Samrhitha A (Reuters) -Tech giants on Tuesday talked up how customers are lapping up their generative…
Boeing is sued by shareholders following MAX 9 blowout
By Jonathan Stempel NEW YORK (Reuters) – Boeing has been sued by shareholders who said the company prioritized profit over…
Fed holds rates steady, says more confidence needed in inflation slowdown
NEW YORK (Reuters) -The Federal Reserve left interest rates unchanged on Wednesday but took a major step towards lowering them…
Hamas official says it has received new proposal for three-stage truce
By Raneen Sawafta, Fadi Shana and Nidal al-Mughrabi WEST BANK/GAZA/DOHA (Reuters) -Hamas said on Tuesday it had received and was…
In South Carolina, Biden woos Black voters in a changing U.S. South
(This Jan. 26 story has been corrected to show that South Carolina last backed a Democrat president in 1976, not…
China, US to cooperate on fentanyl, Beijing hopes for ‘positive energy’
BEIJING (Reuters) -The U.S. and China launched a joint counter-narcotics working group on Tuesday in the first overt sign of…
Pfizer posts surprise 4th quarter profit, but key products miss on sales
By Michael Erman and Bhanvi Satija (Reuters) -Pfizer reported a surprise quarterly profit on Tuesday, helped by cost cuts and…