By Prakhar Srivastava (Reuters) -Kraken, one of the world’s largest cryptocurrency exchanges, said on Thursday it would buy retail futures…
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…
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…
Factbox-Lilly’s weight-loss drug launch in India to energize rivals eyeing mega market
(Reuters) -Eli Lilly on Thursday launched in India its diabetes and weight-loss drug, Mounjaro, which has already clocked in over…
Semiconductor firms call for EU Chips Act 2.0
By Toby Sterling and Nathan Vifflin AMSTERDAM (Reuters) -Computer chip makers and semiconductor supply chain firms called on the European…
Boeing CFO worries about tariff impact on parts, says cash flow improving
By Dan Catchpole (Reuters) -Boeing Chief Financial Officer Brian West said on Wednesday the company is concerned about President Donald…
Amazon loses court fight against record $812 million Luxembourg privacy fine
By Foo Yun Chee BRUSSELS (Reuters) – Amazon lost its fight against a record 746 million euro ($812.4 million) fine…
Nvidia, Musk’s xAI to join Microsoft, BlackRock and MGX to develop AI infrastructure
(Reuters) -Nvidia and Elon Musk’s xAI have joined a consortium backed by Microsoft, investment fund MGX and BlackRock to expand…