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Day: November 9, 2023

Nvidia plans to release three new chips for China – analysts
General

Nvidia plans to release three new chips for China – analysts

By Stephen Nellis, Max A. Cherney and Fanny Potkin SAN FRANCISCO (Reuters) -Nvidia plans to release new artificial intelligence chips…

November 9, 2023November 10, 2023
Traders now see Fed starting rate cuts later in 2024 
General

Traders now see Fed starting rate cuts later in 2024 

Traders of futures contracts that track expectations for the Federal Reserve’s policy rate pushed out bets on the U.S. central…

November 9, 2023November 9, 2023
Apple suffers setback in fight against EU’s $14 billion tax order
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Apple suffers setback in fight against EU’s $14 billion tax order

By Foo Yun Chee and Bart H. Meijer LUXEMBOURG (Reuters) -An EU tribunal made legal errors when it ruled in…

November 9, 2023November 9, 2023
SoftBank books $5.2 billion quarterly loss as WeWork comes back to bite
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SoftBank books $5.2 billion quarterly loss as WeWork comes back to bite

By Anton Bridge TOKYO (Reuters) -SoftBank Group booked a $5.2 billion quarterly loss on Thursday, its fourth straight quarter in…

November 9, 2023November 9, 2023
Disney tops earnings forecasts as Iger sets ‘building’ phase
General

Disney tops earnings forecasts as Iger sets ‘building’ phase

By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Walt Disney exceeded Wall Street’s earnings expectations on Wednesday as higher…

November 9, 2023November 9, 2023

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