Nvidia set to overtake Apple as world’s second-most valuable company
By Medha Singh (Reuters) – Nvidia could soon surpass Apple to become the world’s second-most valuable company, as the kingmaker…
May 2024
Struggling Dow transport stocks could be economic warning signal
By Lewis Krauskopf NEW YORK (Reuters) – It’s been a banner year for the major U.S. stock indexes, but one…
Paramount’s special committee agrees to recommend Skydance deal, WSJ reports
(Reuters) – A special committee of the Paramount Global’s board agreed to recommend a deal with Skydance Media, the Wall…
Trump Media drops after Donald Trump found guilty in hush money case
By Medha Singh (Reuters) -Shares of Trump Media & Technology Group fell about 5% in choppy trading on Friday, after…
Billionaire investor Ackman considering backing Trump in US election, source says
By Carolina Mandl (Reuters) -Billionaire hedge fund manager Bill Ackman is considering endorsing Donald Trump as the former U.S. president…
Failed Wall Street trades rate roughly stable under faster settlement
NEW YORK (Reuters) – The rate of U.S. failed trades stood at 1.90% on Wednesday, a big test day for…
Saudi government to raise up to $12 billion from new Aramco share sale
By Hadeel Al Sayegh and Maha El Dahan DUBAI (Reuters) – Saudi Arabia is selling a stake of roughly 0.64%…
Salesforce plummets as weak forecast sparks concerns of AI competition
By Kanchana Chakravarty and Arsheeya Bajwa (Reuters) -Salesforce shares slumped about 18% on Thursday, after its lowest-ever quarterly revenue growth…
OpenAI responds to warnings of self governance by former board members, the Economist reports
(Reuters) – OpenAI’s board on Thursday pushed back on allegations from its former members that concerns over artificial intelligence safety…
Meta identifies networks pushing deceptive content likely generated by AI
NEW YORK (Reuters) – Meta said on Wednesday it had found “likely AI-generated” content used deceptively on its Facebook and…