Arm Holdings jumps over 40%, adds to staggering AI-powered rally
By Noel Randewich (Reuters) – Shares of Arm Holdings surged more than 40% on Monday, adding to a staggering rally…
Diamondback sets $26 billion deal for shale oil rival Endeavor Energy
By Seher Dareen and Arunima Kumar (Reuters) -U.S. oil producer Diamondback Energy said on Monday it would buy privately held…
Trump-backing US Senate Republicans souring on longtime leader McConnell
By David Morgan WASHINGTON (Reuters) – Top U.S. Senate Republican Mitch McConnell’s negotiations with Democrats to try to secure more…
Jeff Bezos sells roughly $2 billion of Amazon shares
(Reuters) – Amazon.com founder Jeff Bezos sold around 12 million shares of the online retail and cloud services firm for…
Tesla temporarily slashes prices for some Model Y cars in the US
(Reuters) -Tesla Inc has temporarily cut prices of some of its Model Y cars in the U.S. until Feb. 29,…
Exclusive-Cisco to cut thousands of jobs as it seeks to focus on high growth areas -sources
By Utkarsh Shetti and Supantha Mukherjee (Reuters) -Network giant Cisco is planning to restructure its business which will include laying…
Trump vows to undo Biden gun restrictions if re-elected
By Nathan Layne HARRISBURG, Pennsylvania (Reuters) -Former President Donald Trump, the Republican frontrunner in the 2024 presidential race, said on…
Megacaps rally pushes S&P 500 to first close above 5,000 milestone
By Sinéad Carew and Sruthi Shankar (Reuters) -S&P 500 closed above 5,000 for the first time on Friday and Nasdaq…
Apple to settle trade secrets lawsuit against chip startup Rivos
By Blake Brittain (Reuters) – Apple plans to settle a lawsuit that accused tech startup Rivos of stealing its trade…
Exclusive-Nvidia pursues $30 billion custom chip opportunity with new unit -sources
By Max A. Cherney and Stephen Nellis SAN FRANCISCO (Reuters) -Nvidia is building a new business unit focused on designing…