(Reuters) -Apple has held preliminary talks with Baidu <9888.HK> about using the Chinese company’s generative artificial-intelligence technology in its devices…
Cathie Wood’s ARK Invest scoops up nearly 10,000 Reddit shares in debut
(Reuters) – Popular investor Cathie Wood’s ARK Invest bought nearly 10,000 shares of Reddit in the social media platform’s strong…
Meta Platforms must face advertisers’ class action, US appeals court says
By Jonathan Stempel (Reuters) -A divided U.S. appeals court said Meta Platforms must face a class action by advertisers that…
For Nike, ‘it’s gotta be the shoes’ is a thing of the past
By Katherine Masters and Ananya Mariam Rajesh (Reuters) -Nike has increasingly leaned on its iconic basketball shoes to boost sales,…
Wall Street hits record closing highs on rate-cut optimism; chip sector rallies
By Sinéad Carew and Bansari Mayur Kamdar (Reuters) – Wall Street’s three major stock indexes on Thursday registered record closing…
Reddit shares end trading up 48% in market debut
By Niket Nishant and Echo Wang (Reuters) – Social media platform Reddit’s shares ended their first day of trading in…
Apple accused of monopolizing smartphone markets in US antitrust lawsuit
By Stephen Nellis, Andrew Goudsward and David Shepardson WASHINGTON (Reuters) -The U.S. Department of Justice and 15 states on Thursday…
Senator Warren urges SEC to investigate Tesla over board independence
(Reuters) -U.S. Senator Elizabeth Warren in a letter on Thursday urged the Securities and Exchange Commission to investigate whether Tesla…
Intel readies for $100-billion spending spree across four US states
By Stephen Nellis SANTA CLARA, California (Reuters) -Intel is planning a $100-billion spending spree across four U.S. states to build…
Chipmaker Micron’s shares surge as AI boom drives strong forecast
By Arsheeya Bajwa and Harshita Mary Varghese (Reuters) -Memory chip maker Micron Technology tapped a surge in artificial intelligence adoption…