(Reuters) – Market values of major tech firms declined in August amid concerns over escalating…
Traders see Fed delivering 25 bps cut in Sept, 100 bps by year-end
(Reuters) – Traders added to bets that the Federal Reserve will start U.S. interest-rate cuts…
US FDA approves Emergent’s smallpox vaccine for people at high risk of mpox
(Reuters) -The U.S. Food and Drug Administration granted expanded approval to Emergent BioSolutions’ smallpox vaccine…
Intel rises as report of chipmaker exploring options stokes investor enthusiasm
(Reuters) – Intel’s shares rose more than 3% before the bell on Friday, as a…
GM delays additional $330 million investment in Thacker Pass, Lithium Americas says
(Reuters) – Lithium Americas said on Friday automaker General Motors has delayed the second tranche…
OpenAI says ChatGPT’s weekly users have grown to 200 million
(Reuters) – AI startup OpenAI said on Thursday its chatbot ChatGPT now has more than…
Lululemon cuts annual forecasts on tepid US demand, rising competition
By Savyata Mishra (Reuters) – Lululemon Athletica cut its annual sales and profit forecasts on…
Leveraged Nvidia ETF issuers saw trading surge in bearish products ahead of earnings
By Suzanne McGee (Reuters) – Interest in leveraged exchange-traded funds that allow investors to profit…
Dell beats second-quarter results estimates on strong AI server demand
(Reuters) -Dell Technologies beat Wall Street estimates for second-quarter revenue and profit on Thursday, driven…
Nvidia’s forecast dampens AI enthusiasm in other tech stocks
(Reuters) – Shares of Nvidia and other technology heavyweights fell late on Wednesday, a discouraging…