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Meta unveils Quest 3 mixed reality headset ahead of Apple’s VR debut
BusinessTechnologyUS

Meta unveils Quest 3 mixed reality headset ahead of Apple’s VR debut

By Katie Paul NEW YORK (Reuters) – Meta Platforms CEO Mark Zuckerberg on Thursday revealed the company’s next generation mixed…

June 2, 2023June 2, 2023
Wall Street rises on hopes of Fed pausing hikes, debt ceiling deal cheer
BusinessEconomyUS

Wall Street rises on hopes of Fed pausing hikes, debt ceiling deal cheer

By Herbert Lash and Shreyashi Sanyal (Reuters) – The Nasdaq and S&P 500 surged to nine-month closing highs on Thursday…

June 1, 2023June 1, 2023
Factbox-What’s in the debt ceiling deal struck by Biden and McCarthy?
BusinessEconomyElectionsPoliticsUS

Factbox-What’s in the debt ceiling deal struck by Biden and McCarthy?

WASHINGTON (Reuters) – The U.S. Senate is debating a bill brokered by President Joe Biden and House Speaker Kevin McCarthy…

June 1, 2023June 1, 2023
Dell’s quarterly profit drops less than feared on cost cuts
BusinessTechnology

Dell’s quarterly profit drops less than feared on cost cuts

By Tiyashi Datta and Pratyush Thakur (Reuters) -Better cost controls helped Dell Technologies Inc beat estimates for first-quarter profit on…

June 1, 2023June 1, 2023
Fed should stop raising rates, at least in June -Harker
BusinessEconomyPoliticsUS

Fed should stop raising rates, at least in June -Harker

By Ann Saphir (Reuters) – U.S. central bankers should not raise interest rates at their next meeting, Philadelphia Federal Reserve…

June 1, 2023June 1, 2023
US to require patient data for payment of Leqembi, similar Alzheimer’s drugs
BusinessHealthTop NewsUS

US to require patient data for payment of Leqembi, similar Alzheimer’s drugs

By Julie Steenhuysen (Reuters) -The U.S. Medicare health plan said on Thursday it would limit reimbursement for Eisai Co Ltd…

June 1, 2023June 1, 2023
High-flying C3.ai shares slump as sobering forecast dampens AI hype
AsiaBusinessEconomyTechnologyUS

High-flying C3.ai shares slump as sobering forecast dampens AI hype

By Medha Singh (Reuters) -Shares of C3.ai Inc dropped 13% on Thursday after the software maker’s disappointing quarterly revenue forecast…

June 1, 2023June 1, 2023
Elon Musk’s whirlwind China trip included talks with vice premier
AsiaBusinessEconomyPoliticsTop NewsUS

Elon Musk’s whirlwind China trip included talks with vice premier

SHANGHAI (Reuters) -Tesla Inc Chief Executive Elon Musk departed Shanghai on Thursday, wrapping up a two-day trip to China in…

June 1, 2023June 1, 2023
Nvidia rally: Retail investors stay out on growing slowdown worries
BusinessTechnologyUS

Nvidia rally: Retail investors stay out on growing slowdown worries

By Medha Singh (Reuters) – The rally in the shares of Nvidia Corp that briefly propelled its market value to…

May 31, 2023May 31, 2023
Intel shares jump as chipmaker sees second-quarter revenue at upper end of outlook
BusinessEconomyTechnologyUS

Intel shares jump as chipmaker sees second-quarter revenue at upper end of outlook

(Reuters) – Shares of Intel Corp rose about 5% after the chipmaker’s finance chief said on Wednesday that the company…

May 31, 2023May 31, 2023

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