Big Tech under pressure as Microsoft results put AI costs in spotlight
By Shreyashi Sanyal and Amruta Khandekar (Reuters) - A number of U.S. big tech companies…
Month: July 2023
Lockheed gets US defense contract to develop nuclear-powered…
(Reuters) - Weapons maker Lockheed Martin has been awarded a contract by a U.S. Department…
Twitter blue bird has flown as Musk says X logo is here
By Supantha Mukherjee, Martin Coulter and Sheila Dang (Reuters) -After 17 years with an…
Don’t try to time the market, KKR’s Stavros says
By Maiya Keidan (Reuters) - Private equity firms should stay consistent in deploying…
Meme stocks surge as tech rally gets too pricey for retail investors
By Bansari Mayur Kamdar (Reuters) - Meme stocks have surged in the last few weeks as…
Microsoft and Alphabet Earnings on the Spot After AI Boom
All eyes are on Microsoft and Alphabet as the two tech heavyweights report quarterly…
ChatGPT now on Android in some countries including US
(Reuters) - ChatGPT is now available for Android users in the United States, India,…
Logitech beats earnings estimates and raises forecast, lifting shares
By John Revill (Reuters) -Logitech International raised its sales and profit outlook for…
Marketmind: Big Tech litmus test as Fed gathers
A look at the day ahead in U.S. and global markets from Mike Dolan Buoyant Wall St stocks…
U.S. will be short 67,000 chip workers by 2030, industry group says
By Max A. Cherney (Reuters) - The U.S. semiconductor industry faces a shortfall of roughly…
Dow leads Wall Street higher as investors eye beyond tech
By Carolina Mandl and Bansari Mayur Kamdar (Reuters) - The Dow Jones Industrial Average…
Brace For Higher Oil Prices above $80 a Barrel: Goldman Sachs
Brace for higher oil prices in the second half of the year. Those sentiments were echoed…
Dead EV batteries turn to gold with U.S. incentives
By Nick Carey, Paul Lienert and Victoria Waldersee POOLE, England (Reuters) - A…
OpenAI, Google, others pledge to watermark AI content for safety…
By Diane Bartz and Krystal Hu WASHINGTON/NEW YORK (Reuters) -AI companies including…
Asian Chipmakers to Catch Up With US Counterparts, Says JPMorgan Fund…
A JPMorgan Asset Management-run fund worth $1.4 billion, is holding a positive outlook for…
Aviation bill upping pilot retirement age to 67 passed by US House
By David Shepardson WASHINGTON (Reuters) -The U.S. House of Representatives on Thursday…
Factbox-U.S. banks increase reserves for commercial real estate…
By Matt Tracy (Reuters) - The U.S. commercial property market has faced severe challenges…
Billion-dollar US Powerball ticket sold in California
By Rachel Nostrant (Reuters) -A very lucky Powerball player in Southern California has won…
Tesla, Netflix pull Nasdaq and S&P lower, Dow ends higher
By Chuck Mikolajczak NEW YORK (Reuters) - The S&P 500 and Nasdaq fell on Thursday,…
Tesla investors balk at margin loss as Musk touts self-driving future
By Akash Sriram and Aditya Soni (Reuters) -Elon Musk's bet to sacrifice margins now…
US regional bank stocks fall on mixed results, Discover sinks on…
By Manya Saini, Nupur Anand and Tatiana Bautzer (Reuters) -U.S. regional bank stocks fell…
