Fed sees three rate cuts in 2024 but a more shallow easing path
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -Federal Reserve Chair Jerome Powell said on Wednesday recent high inflation readings…
Chipmaker Micron’s shares surge as AI boom drives strong forecast
By Arsheeya Bajwa and Harshita Mary Varghese (Reuters) -Memory chip maker Micron Technology tapped a surge in artificial intelligence adoption…
Nvidia stock climbs as CFO says new chip to ship in 2024
By Max A. Cherney, Stephen Nellis and Medha Singh SAN JOSE, California (Reuters) -Nvidia’s stock climbed on Tuesday after the…
IPO-bound Reddit discloses patent infringement complaint from Nokia
By Niket Nishant (Reuters) -Reddit is evaluating a letter from Nokia Technologies alleging it infringed some of the telecom and…
Microsoft taps DeepMind co-founder Suleyman to spearhead consumer AI push
(Reuters) – Microsoft has appointed DeepMind co-founder Mustafa Suleyman as the head of a newly created consumer AI unit and…
Nvidia unveils flagship AI chip, the B200, aiming to extend dominance
By Max A. Cherney and Stephen Nellis SAN JOSE, California (Reuters) – Nvidia Chief Executive Jensen Huang on Monday kicked…
Activist investor Nelson Peltz to vote for Donald Trump, FT reports
(Reuters) – Billionaire investor Nelson Peltz plans to vote for Donald Trump, citing concerns over 81-year-old President Biden’s fitness for…
Oil mergers, clean fuels vie for attention at Houston energy conference
By Arathy Somasekhar HOUSTON (Reuters) -Top oil executives and ministers descend on Houston this week for one of the world’s…
Tesla shares gain after Model Y price hike in US, Europe
By Chibuike Oguh NEW YORK (Reuters) -Shares of Tesla jumped nearly 7% on Monday after the automaker announced price increases…
Berkshire Hathaway speeds up stock buybacks
(Reuters) – Berkshire Hathaway has increased its pace of repurchasing its own shares, a sign that longtime Chairman Warren Buffett…