By Liam Mo and Fanny Potkin BEIJING/TAIPEI (Reuters) -Nvidia will launch a new artificial intelligence chipset for China at a…
JPMorgan expands tech team with four veteran bankers from BofA, Goldman, Lazard
By Milana Vinn -JPMorgan is expanding its technology team in the investment bank with four West Coast hires from Goldman Sachs,…
Alphabet hits near three-month high on new AI updates
(Reuters) -Alphabet shares jumped 4% on Thursday, rising for a second straight day, as investors cheered the Google parent’s artificial…
FTC drops case over Microsoft’s $69-billion Activision Blizzard deal
By Jody Godoy (Reuters) – The U.S. Federal Trade Commission dropped a case that sought to block Microsoft’s $69-billion purchase…
Fannie, Freddie OTC shares soar to 2008 highs after Trump comments on spin-off
By Rocky Swift (Reuters) -Over-the-counter (OTC) shares in Fannie Mae and Freddie Mac jumped to highest since 2008 on Thursday…
‘Stargate UAE’ AI datacenter to begin operation in 2026
By Stephen Nellis SAN FRANCISCO (Reuters) -The first phase of a massive new artificial data center in the United Arab…
OPEC+ discusses making another large output hike in July, Bloomberg News reports
(Reuters) – OPEC+ members are discussing whether to agree on another large production increase at their meeting on June 1,…
Solar stocks plummet after Trump’s tax bill advances in US House
By Vallari Srivastava (Reuters) – Shares of U.S. solar companies fell sharply on Thursday after the House of Representatives advanced…
Zoom lifts annual forecasts on robust demand amid AI push
By Juby Babu (Reuters) -Zoom Communications raised its annual revenue forecast on Wednesday, benefiting from hybrid work trends and the…
Snowflake raises annual product revenue forecast
(Reuters) -Snowflake raised its fiscal 2026 forecast for product revenue on Wednesday, betting on strong demand for its data analytics…