AMD, Super Micro spark chip selloff as earnings miss lofty AI expectations
By Harshita Mary Varghese (Reuters) -Advanced Micro Devices and Super Micro Computer led a selloff in chip stocks on Wednesday…
Category: General
UnitedHealth says hackers potentially stole a third of Americans’ data
By Ahmed Aboulenein and Zeba Siddiqui WASHINGTON (Reuters) – Hackers who breached UnitedHealth’s tech unit in February potentially stole a…
Apple set for big sales decline as investors await AI in iPhones
By Yuvraj Malik (Reuters) -Apple’s plan to add generative AI to its iPhones and revive sagging sales in the crucial…
US job openings fall to three-year low in March
WASHINGTON (Reuters) – U.S. job openings fell to a three-year low in March, while the number of people quitting their…
PayPal lifts 2024 profit forecast, execs focus on branded checkout growth
By Manya Saini and Jaiveer Shekhawat (Reuters) -PayPal executives on Tuesday emphasized plans to reignite growth in branded checkout products…
Biden signs new memo to boost security of US critical infrastructure
By David Shepardson WASHINGTON (Reuters) – President Joe Biden on Tuesday signed a new national security memorandum to boost the…
China, US to hold climate meetings in Washington in May
By Valerie Volcovici WASHINGTON (Reuters) -U.S. climate change diplomat John Podesta will meet his Chinese counterpart Liu Zhenmin in Washington…
Google to pay up to $6 million to News Corp for new AI content, The Information reports
(Reuters) -Alphabet-owned Google has agreed to pay News Corp, owner of the Wall Street Journal, between $5 million and $6…
Inflation-wary US rate options market cautiously prices for 2024 Fed hike
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Options on Secured Overnight Financing Rate (SOFR) futures are showing a higher probability…
Philips shares surge on US recall settlement news
By Bart H. Meijer AMSTERDAM (Reuters) -Philips shares surged 35% early on Monday as the medical devices maker announced a…