Intel shareholders approve equity incentive plan, new CEO pay
SAN FRANCISCO (Reuters) -Intel shareholders on Tuesday approved a measure by the chipmaker aimed at topping up share reserves to…
Business
Microsoft launches lower-priced AI laptops with Qualcomm chips
By Stephen Nellis SAN FRANCISCO (Reuters) -Microsoft on Tuesday said it will release a new laptop and tablet with chips…
Credit Suisse to pay $511 million as part of agreement with US DOJ in tax case
(Reuters) -UBS said on Monday Credit Suisse Services will pay $511 million as part of an agreement with the U.S….
JPMorgan says AI helped boost sales, add clients in market turmoil
By Nupur Anand NEW YORK (Reuters) -JPMorgan Chase’s artificial-intelligence tools enabled it to boost sales to wealthy clients and manage…
Rivian to build $120 million Illinois supplier park to lower tariff-related costs
(Reuters) -Rivian said on Monday that it will invest $120 million to bring its key parts suppliers near its plant…
Exclusive-OPEC+ to further speed up oil output hikes, sources say
By Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW (Reuters) -OPEC+ will accelerate oil output hikes and could bring back to the…
Apple partnering with startup Anthropic on AI-powered coding platform, Bloomberg News reports
(Reuters) -Apple is partnering with Amazon-backed startup Anthropic on a new “vibe-coding” software platform that will use artificial intelligence to…
Nvidia is working on China-tailored chips again after US export ban, The Information reports
(Reuters) – Nvidia has told some of its biggest Chinese customers that it is tweaking the design of its artificial…
Roku forecasts second-quarter revenue below estimates as economic uncertainty weighs
(Reuters) -Roku forecast second-quarter revenue below Wall Street estimates on Thursday, as customers pull back spending amid an uncertain market…
Reddit’s strong revenue forecast signals advertising strength, shares surge 19%
(Reuters) -Reddit forecast second-quarter revenue above Wall Street estimates on Thursday, betting on growing digital advertising spend on the social…