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…
Nike set to raise prices next week, plans to sell on Amazon again
(Reuters) -Nike is planning to raise prices of some products from next week and will sell items on Amazon after…
Factbox-JPMorgan executives take center stage with succession, tariffs in focus
By Niket Nishant (Reuters) -JPMorgan Chase’s top brass will take center stage at its investor day on Monday, with tariffs…
Huawei launches first laptops using home-grown Harmony operating system
By Che Pan and Brenda Goh BEIJING (Reuters) -Huawei launched two new laptop models on Monday, the first sold with…
23andMe’s journey from DNA testing pioneer to bankruptcy sale
(Reuters) -Drugmaker Regeneron Pharmaceuticals is acquiring majority assets of bankrupt genetic testing firm 23andMe Holding for $256 million. The once-sizzling…