MOSCOW (Reuters) – Russian Defence Minister Sergei Shoigu said in footage published by his ministry on Saturday that the country’s…
Exclusive-Cisco to cut thousands of jobs as it seeks to focus on high growth areas -sources
By Utkarsh Shetti and Supantha Mukherjee (Reuters) -Network giant Cisco is planning to restructure its business which will include laying…
Megacaps rally pushes S&P 500 to first close above 5,000 milestone
By Sinéad Carew and Sruthi Shankar (Reuters) -S&P 500 closed above 5,000 for the first time on Friday and Nasdaq…
NYCB shares surge after top executives disclose stake purchases
By Manya Saini and Niket Nishant (Reuters) -New York Community Bancorp’s shares closed up nearly 17% on Friday after top…
Exclusive-Nvidia pursues $30 billion custom chip opportunity with new unit -sources
By Max A. Cherney and Stephen Nellis SAN FRANCISCO (Reuters) -Nvidia is building a new business unit focused on designing…
Oil settles up, notches weekly gain on tight supply, Middle East conflict
By Laura Sanicola (Reuters) -Oil prices settled higher on Friday, up about 6% on a week-on-week basis, as worries about…
NY attorney general expands crypto lawsuit, sees $3 billion fraud
By Jonathan Stempel and Dietrich Knauth NEW YORK (Reuters) -New York Attorney General Letitia James on Friday expanded her lawsuit…
Moderna, Bayer-backed Metagenomi stock drops 32% on Nasdaq debut
(Reuters) – Shares of Metagenomi Technologies, a genetic medicines company backed by Bayer Healthcare and Moderna, slumped 32% in their…
OpenAI hits $2 billion revenue milestone – FT
(Reuters) – Microsoft-backed OpenAI hit the $2 billion revenue milestone in December, the Financial Times reported on Friday, citing two…
NYCB gets third credit downgrade as CRE exposure worries spill to Europe
By Manya Saini and Niket Nishant (Reuters) -Embattled New York Community Bancorp faced its third credit-rating cut on Thursday while…