Intel signs Microsoft as foundry customer, says on track to overtake TSMC
By Stephen Nellis and Max A. Cherney (Reuters) -Intel said on Wednesday that Microsoft plans to use its services to…
Updated
Rivian cuts jobs, forecasts annual production below estimates
By Akash Sriram and Abhirup Roy (Reuters) -Rivian said on Wednesday it would cut its workforce by 10% and forecast…
Crypto firm Circle to end support for USDC stablecoin on Tron blockchain
By Tom Wilson LONDON (Reuters) -Major U.S. crypto firm Circle will end support for its USDC token on the Tron…
Nvidia dethrones Tesla as Wall Street’s most traded stock
By Noel Randewich (Reuters) -Chipmaker Nvidia is replacing Tesla as Wall Street’s most traded stock by value, adding to its…
Price-conscious shoppers lift Walmart earnings as it preps $2.3 billion Vizio deal
By Siddharth Cavale and Ananya Mariam Rajesh (Reuters) -Walmart kicked off U.S. retailers’ reporting season on Tuesday with robust fourth…
Eli Lilly, Novo Nordisk get growth stock status on weight-loss drug boost
(Repeats Feb 16 story with no changes to text) By Medha Singh and Manas Mishra (Reuters) – U.S.-based Eli Lilly…
Capital One to buy Discover Financial in $35.3 billion all-stock deal
By Anirban Sen and Michelle Price NEW YORK/WASHINGTON (Reuters) -Warren Buffett-backed U.S. consumer bank Capital One plans to acquire U.S….
Oil gains marginally as demand jitters counter Middle East conflict
By Shariq Khan NEW YORK (Reuters) -Brent crude oil prices settled slightly higher in an abbreviated session on Monday, as…
World shares flattened by stubborn inflation and slow China growth
By Nell Mackenzie LONDON (Reuters) -World shares struggled to climb on Monday after the chances of early interest rate cuts…
China central bank leaves key policy rate unchanged under shadow of Federal Reserve
SHANGHAI/SINGAPORE (Reuters) -China’s central bank left a key policy rate unchanged as expected on Sunday when rolling over maturing medium-term…