By Jonathan Stempel (Reuters) – A U.S. judge on Friday accepted Binance’s guilty plea and more than $4.3 billion penalty…
Nvidia briefly hits $2 trillion valuation as AI frenzy grips Wall Street
By Aditya Soni and Patturaja Murugaboopathy (Reuters) -Nvidia briefly hit $2 trillion in market value for the first time on…
Reddit’s US IPO filing reveals $90.8 million losses, 21% revenue growth in 2023
By Niket Nishant and Manya Saini (Reuters) -Reddit disclosed on Thursday that its net loss narrowed to $90.8 million and…
Nvidia adds record $277 billion in stock market value
By Noel Randewich and Medha Singh (Reuters) -Nvidia added $277 billion in stock market value on Thursday, Wall Street’s largest…
China says it aims to ‘contain’ foreign interference over Taiwan this year
BEIJING (Reuters) – China aims to “contain” foreign interference over Taiwan and “resolutely combat” any efforts towards the island’s formal…
Bitcoin ETFs test investor commitment to gold-backed paper
By Ashitha Shivaprasad and Manya Saini (Reuters) -A surge of interest in bitcoin exchange-traded funds is prompting some investors to…
Block outlook tops earnings estimates, boosting shares 12%
By Hannah Lang (Reuters) -Shares in Jack Dorsey-led Block surged 12% on Thursday after the payments firm forecast adjusted core…
Nvidia stock surges as revenue forecast tops estimates, AI demand continues
By Arsheeya Bajwa and Max A. Cherney (Reuters) -Nvidia on Wednesday forecast a roughly threefold surge in quarterly revenue that…
Rivian, Lucid’s 2024 production targets disappoint as EV demand wanes
By Akash Sriram and Abhirup Roy (Reuters) -Electric vehicle startups Rivian and Lucid forecast 2024 production well below analyst estimates…
‘AI godfather’, others urge more deepfake regulation in open letter
By Anna Tong BERKELEY, California (Reuters) -Artificial intelligence experts and industry executives, including one of the technology’s trailblazers Yoshua Bengio,…