Chip giant Nvidia nears trillion-dollar status on AI bet
By Aditya Soni (Reuters) -Nvidia Corp surged 24% on Thursday in one of the largest one-day gains in value for…
US
Semiconductor index surges with Nvidia leading race to AI ‘gold rush’
By Sinéad Carew and Stephen Nellis NEW YORK/SAN FRANCISCO (Reuters) – The Philadelphia semiconductor index hit its highest level in…
U.S., Chinese commerce chiefs raise complaints on trade, investment, export policies
By David Lawder and Liz Lee DETROIT/BEIJING (Reuters) -U.S. Commerce Secretary Gina Raimondo and Chinese Commerce Minister Wang Wentao traded…
New York City commission votes to halt deposits at Capital One
NEW YORK (Reuters) – The New York City Banking Commission voted to halt deposits into the city’s bank accounts at…
JPMorgan notifies some First Republic employees of job losses -source
By Nupur Anand (Reuters) -JPMorgan Chase & Co has notified nearly 1,000 First Republic Bank employees that they will no…
Impossible Foods accused of misusing private investigators in meat-substitute patent fight
By Blake Brittain (Reuters) – Motif Foodworks told a Delaware federal court that plant-based meat rival Impossible Foods improperly hired…
DeSantis to stump in early voting states after rocky presidential launch
By James Oliphant and Doina Chiacu WASHINGTON (Reuters) -Florida Governor Ron DeSantis’ fledgling presidential campaign was looking to push forward…
US raises concerns with China about actions against US companies
(Reuters) – U.S. Commerce Secretary Gina Raimondo raised concerns about Chinese actions against U.S. firms operating in China with Chinese…
Fitch puts Fannie Mae, Freddie Mac on negative watch as US debt deadline looms
(Reuters) – Fitch has placed the ratings of U.S. mortgage finance giants Fannie Mae and Freddie Mac on watch for…
US oil and gas auction yields nearly $80 million for federal coffers
(Reuters) -The U.S. on Thursday held its first sale of oil and gas drilling rights on federal lands since passage…