Applied Digital surges 65% on funding deal with investors, including Nvidia
(Reuters) -Applied Digital shares soared nearly 65% to hit their highest level in more than a month on Thursday, after…
Category: Business
Nvidia’s stock swoon turns attention to Big Tech’s sway over markets
By Lewis Krauskopf NEW YORK (Reuters) – Shares of Nvidia and other Big Tech stocks have helped power the markets…
Hedge funds bet against banks, insurance and property, says Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Hedge funds continued to take bets against bank and financial stocks in the week…
AI server maker Super Micro denies short-seller Hindenburg’s claims
(Reuters) – Super Micro Computer on Tuesday denied claims made by short-seller Hindenburg Research in its report last week and…
Billionaire Buffett again sells BofA shares worth about $845 million
(Reuters) – Billionaire Warren Buffett’s Berkshire Hathaway has once again cut its stake in Bank of America with a share…
Ford to recall 90,736 vehicles over engine valve issue, US regulators say
(Reuters) – Ford will recall 90,736 vehicles as engine intake valves in the vehicles may break while driving, the National…
China’s market regulator says e-commerce giant Alibaba has completed three-year ‘rectification’ period
SHANGHAI (Reuters) – China’s State Administration of Market Regulation issued a statement on Friday saying Alibaba Group had completed three…
Oil falls as supply set to rise, uncertainty around Fed rate cuts
By Georgina McCartney HOUSTON (Reuters) -Oil fell about 2% on Friday as investors weighed expectations of a rise in OPEC+…
Apple in talks to join OpenAI funding round, WSJ reports
(Reuters) -Apple is in talks to invest in OpenAI as part of a new fundraising round that would value the…
Salesforce gains as software firm bets on AI tools to power growth
(Reuters) – Shares of Salesforce gained more than 5% on Thursday as investors cheered the customer relationship management software maker’s…