Exclusive-Nvidia cuts China prices in Huawei chip fight, sources say
By Fanny Potkin SINGAPORE (Reuters) – Nvidia’s most advanced AI chip it developed for the China market has got off…
Year: 2024
Live Nation ‘suffocates its competition,’ US says in monopoly lawsuit
By Sarah N. Lynch, David Shepardson and Mike Scarcella WASHINGTON (Reuters) -The U.S. Justice Department and a group of 30…
Putin wants Ukraine ceasefire on current frontlines, sources say
By Guy Faulconbridge and Andrew Osborn MOSCOW/LONDON (Reuters) – Russian President Vladimir Putin is ready to halt the war in…
Exiled Chinese businessman’s $1 billion fraud trial to begin in US on Friday
By Jody Godoy (Reuters) – Exiled Chinese businessman Miles Guo’s fraud trial is expected to kick off on Friday in…
Nasdaq jumps as Nvidia results drive up chip stocks
By Ankika Biswas and Lisa Pauline Mattackal (Reuters) – The tech-heavy Nasdaq and the benchmark S&P 500 opened at record…
Analysis-Google acquiring HubSpot would bolster bid to challenge Microsoft
By Milana Vinn (Reuters) – Google parent Alphabet’s potential acquisition of HubSpot, a U.S. marketing software maker with a market…
Medtronic beats fourth-quarter estimates on strength in medical devices
(Reuters) -Health tech firm Medtronic beat Wall Street estimates for quarterly profit and revenue on Thursday, as a pickup in…
US political consultant indicted over AI-generated Biden robocalls
By David Shepardson (Reuters) – A Louisiana political consultant was indicted over a fake robocall imitating U.S. President Joe Biden…
US existing home sales fall for second straight month in April
WASHINGTON (Reuters) – U.S. existing home sales unexpectedly fell in April as higher mortgage rates and house prices weighed on…
Hedge funds buy Chinese stocks for fourth consecutive week
By Summer Zhen HONG KONG (Reuters) – Global hedge funds added to their holdings of Chinese equities for a fourth…