These early Tesla bulls are giving up on the stock
By David Randall NEW YORK (Reuters) – Some of Tesla’s institutional shareholders are getting out, convinced that the electric carmaker’s…
2024
OpenAI, Google DeepMind’s current and former employees warn about AI risks
(Reuters) – A group of current and former employees at artificial intelligence (AI) companies, including Microsoft-backed OpenAI and Alphabet’s Google…
GameStop mania unfolded: Key milestones in meme stock frenzy
(Reuters) – GameStop is back in the limelight after a hiatus of three years with the return of social media…
Tesla likely to spend $3 billion-$4 billion on Nvidia hardware this year
(Reuters) -Tesla will likely spend between $3 billion and $4 billion on its purchases of chip company Nvidia’s hardware this…
NYSE glitch sparks volatility in dozens of stocks
By Arasu Kannagi Basil and Sinéad Carew (Reuters) -A glitch at the New York Stock Exchange triggered massive swings in…
AMD launches new AI chips to take on leader Nvidia
By Arsheeya Bajwa TAIPEI (Reuters) – Advanced Micro Devices unveiled its latest artificial intelligence processors on Monday and detailed its…
Hedge funds ditch shares as bullish bets hurt performance, says Morgan Stanley
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds dumped equities last week, in a painful week for their…
American Airlines would consider new JetBlue venture if it wins appeal
By David Shepardson WASHINGTON (Reuters) – American Airlines told an appeals court Monday would consider a new arrangement with JetBlue…
OPEC+ seen prolonging oil cuts in 2024 and into 2025, two sources say
By Ahmad Ghaddar, Alex Lawler and Maha El Dahan LONDON/DUBAI (Reuters) -OPEC+ will likely agree on Sunday to prolong its…
Investors flock to Aramco share sale that could raise $13 billion
By Yousef Saba, Hadeel Al Sayegh and Maha El Dahan DUBAI (Reuters) -Saudi Arabia’s sale of shares in oil giant…