Tesla shares rise on Musk promise to launch cheaper EVs, autonomous vehicle
By Zaheer Kachwala and Siddarth S (Reuters) -Tesla shares gained more than 2% on Thursday after CEO Elon Musk vowed…
Category: Business
Homebuilder PulteGroup posts upbeat quarterly results; increases share buyback
(Reuters) – U.S. homebuilder PulteGroup beat Wall Street estimates for its fourth-quarter results on Thursday, as strategic promotions helped boost…
Walmart Canada to invest more than $4 billion to expand stores, supply chain
(Reuters) – Walmart Canada said on Thursday it is investing about C$6.5 billion ($4.51 billion) to build new stores and…
DeepSeek’s global success received by Chinese with pride and glee
By Eduardo Baptista and Alessandro Diviggiano BEIJING (Reuters) – Chinese bloggers, state media and local citizens have welcomed DeepSeek’s global…
Alibaba’s Tsai-backed firm buys 12% of Italian luxury sneaker maker Golden Goose
MILAN (Reuters) – Blue Pool, a Hong Kong-based investment firm backed by Alibaba co-founder Joe Tsai, has bought a 12%…
OpenAI chief Altman says DeepSeek’s R1 model ‘impressive’
(Reuters) – OpenAI CEO Sam Altman called Chinese startup DeepSeek’s R1 AI model “impressive” on Monday, but emphasized that OpenAI…
AI data startup Turing triples revenue to $300 million
By Anna Tong SAN FRANCISCO (Reuters) – – Artificial intelligence data startup Turing, one of a growing number of companies…
Trump discussing TikTok purchase with multiple people, decision in 30 days
(This Jan. 25 story has been refiled to add the missing words ‘some of’ in paragraph 9) ABOARD AIR FORCE…
Hedge fund industry reaches $4.5 trillion in 2024
By Carolina Mandl NEW YORK (Reuters) – The hedge fund industry ended 2024 with $4.51 trillion in assets under management,…
Venture Global’s $58 billion market debut falls short of high expectations
By Manya Saini and Niket Nishant (Reuters) -Venture Global’s shares opened nearly 4% below their initial public offering price in…