By Zeba Siddiqui SAN FRANCISCO (Reuters) – The White House on Wednesday said it had launched a multimillion-dollar cyber contest…
Congresswoman Waters ‘deeply concerned’ about PayPal’s stablecoin launch
(Reuters) – Democrat Congresswoman Maxine Waters said on Wednesday she was “deeply concerned” about payment giant PayPal launching its own…
China’s uneven recovery may deepen demand worries for U.S. luxury goods makers
By Deborah Mary Sophia and Ananya Mariam Rajesh (Reuters) – U.S. luxury companies including Michael Kors-owner Capri and Estee Lauder…
Rivian lifts 2023 EV production target, reassures on liquidity
By Abhirup Roy and Akash Sriram (Reuters) – Rivian Automotive on Tuesday raised its full-year production forecast, and its chief…
Lyft falls as fears of price war with Uber overshadow strong forecast
By Yuvraj Malik (Reuters) -Lyft signaled on Tuesday it would double down on competitive pricing to catch up with larger…
Pentagon confident on sharing intelligence with Japan despite China hacking report
WASHINGTON/TOKYO (Reuters) -The Pentagon said on Tuesday it was confident about sharing intelligence with Japan, despite a U.S. news report…
US dollar rises broadly as risk tolerance drops after Moody’s downgrade, Chinese data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar firmed across the board on Tuesday, garnering safe-haven bids, after…
Lilly hits record high after Mounjaro fuels forecast raise, rival data
By Bhanvi Satija and Mariam Sunny (Reuters) -Eli Lilly on Tuesday raised its annual forecasts as demand for new diabetes…
Nvidia launches new AI chip configuration
By Max A. Cherney (Reuters) – Nvidia announced a new configuration on Tuesday for its advanced artificial intelligence chips that…
Palantir raises revenue target on AI boost, announces share buyback
By Chavi Mehta (Reuters) -Palantir Technologies slightly raised its annual revenue forecast on Monday and said it would buy back…