GameStop surges as ‘Roaring Kitty’ schedules YouTube return
(Reuters) – GameStop’s shares surged more than 30% in premarket trading on Friday as investors geared up for the YouTube…
Category: Business
$1.3 billion UK lawsuit accuses Amazon of misusing small sellers’ data
LONDON (Reuters) – Amazon is facing a one billion-pound ($1.3 billion) collective lawsuit from British retailers who allege that the…
Analysis-Nvidia’s stunning gains increasingly power Wall Street’s record run
By Lewis Krauskopf NEW YORK (Reuters) – A rally that has propelled U.S. equities to record highs increasingly rests on…
Novo Nordisk braces for generic challenge to Ozempic, Wegovy in China
By Andrew Silver SHANGHAI (Reuters) – Novo Nordisk is facing the prospect of intensifying competition in the promising Chinese market…
Billionaire Richard Li’s FWD Group revives Hong Kong IPO plan, sources say
By Sumeet Chatterjee and Scott Murdoch HONG KONG/SYDNEY (Reuters) – Billionaire Richard Li has revived plans to list pan-Asian insurer…
BlackRock, Citadel Securities-backed TXSE group to start new Texas Stock Exchange
(Reuters) -TXSE Group, backed by BlackRock and Citadel Securities, plans to launch the Texas Stock Exchange based in Dallas, a…
Elliott rebuilds stake in SoftBank and pushes for $15 billion buyback, source says
(Reuters) -Activist investor Elliott Management has rebuilt a stake worth more than $2 billion in Japanese technology investor SoftBank Group…
Nvidia on verge of overtaking Apple as No. 2 most valuable company
(Reuters) – Shares of Nvidia rallied to record highs on Wednesday, with the AI chipmaker’s stock market valuation on the…
TikTok says cyberattack targeted brands and celebrity accounts, including CNN
(Reuters) – Short video app TikTok has taken measures to stop a cyberattack targeting several brand and celebrity accounts, including…
Exclusive-Chinese AI chip firms downgrading designs to secure TSMC production, sources say
By Fanny Potkin SINGAPORE (Reuters) – Some Chinese AI chip companies are now designing less powerful processors to retain access…