Jun 1, 2023 | Asia, Business, Economy, Technology, US
By Medha Singh (Reuters) -Shares of C3.ai Inc dropped 13% on Thursday after the software maker’s disappointing quarterly revenue forecast dented some of the recent euphoria around artificial intelligence-linked stocks. Most other AI-related small-cap stocks also...
Jun 1, 2023 | Asia, Business, Economy, Politics, Top News, US
SHANGHAI (Reuters) -Tesla Inc Chief Executive Elon Musk departed Shanghai on Thursday, wrapping up a two-day trip to China in which he met senior Chinese government officials including the highest-ranking vice premier. Photos and a video of Musk’s visit late...
May 31, 2023 | Business, Economy, Technology, US
(Reuters) – Shares of Intel Corp rose about 5% after the chipmaker’s finance chief said on Wednesday that the company is on track to hit the upper end of its second-quarter revenue forecast. Semiconductor stocks have rallied over the past week after gaming...
May 30, 2023 | Business, Economy, Technology, US
By Akash Sriram and Samrhitha A (Reuters) – Nvidia Corp briefly joined an elite club of U.S. companies sporting a $1 trillion market value on Tuesday, as investors piled into the chipmaker that has quickly become one of the biggest winners of the AI boom. The...
May 30, 2023 | Asia, Business, Economy, Politics, Top News, US
By David Lawder DETROIT (Reuters) -The United States is taking an analytical approach to its review of whether to keep tariffs on Chinese goods in place and will not base outcomes on any “breakthrough” in U.S.-China trade relations, Deputy U.S. Trade...
May 30, 2023 | Business, Economy, Top News, US
By Paritosh Bansal (Reuters) -Having navigated the financial crisis of 2008, Neel Kashkari worries about systemic risks. But now, as a U.S. monetary policymaker, he worries even more about inflation. “I think if I had to err, I would err on being a little bit...
