By Ananya Mariam Rajesh and Nicholas P. Brown (Reuters) -Nike shares fell more than 9% to their lowest since the…
US oil and gas rigs rise for first time in three weeks, Baker Hughes says
By Scott DiSavino (Reuters) – U.S. energy firms this week added oil and natural gas rigs for the first time…
Barclays beats two lawsuits in US over $17.7 billion issuance blunder
(Reuters) – Barclays won the dismissal on Friday of two U.S. securities fraud lawsuits stemming from the British bank’s unauthorized…
Cryptocurrency exchange Kraken to buy NinjaTrader for $1.5 billion
By Prakhar Srivastava (Reuters) -Kraken, one of the world’s largest cryptocurrency exchanges, said on Thursday it would buy retail futures…
Meta to seek disclosure on political ads that use AI ahead of Canada elections
(Reuters) -Meta Platforms will ask advertisers to disclose the use of AI or other digital techniques to create or alter…
Nvidia-backed CoreWeave targets up to $32 billion valuation in test for AI IPOs
By Manya Saini and Niket Nishant (Reuters) -CoreWeave is targeting a valuation of up to $32 billion on a fully…
Temu-owner PDD Holdings’ revenues hit by intense China competition and challenges abroad
By Deborah Mary Sophia and Casey Hall (Reuters) – PDD Holdings, which operates e-commerce platforms Pinduoduo and Temu, missed market…
US existing home sales unexpectedly rise in February
WASHINGTON (Reuters) – U.S. existing home sales unexpectedly increased in February as rising supply pulled buyers back into the market,…
Tesla recalls most Cybertrucks due to trim detaching from vehicle
By David Shepardson, Arsheeya Bajwa and Akash Sriram WASHINGTON (Reuters) -Tesla is recalling roughly all Cybertrucks in the United States…
Apple shakes up AI executive ranks in bid to turn around Siri, Bloomberg News reports
(Reuters) – Apple is shaking up its executive ranks to get its AI efforts back on track after months of…