US chipmakers hit record highs as Intel turbocharges AI rally
By Shashwat Chauhan and Purvi Agarwal April 24 (Reuters) – U.S. chip stocks soared to record highs on Friday as…
Union Pacific warns higher fuel prices to pressure margins
By Apratim Sarkar and Nathan Gomes April 23 (Reuters) – Union Pacific said on Thursday it expects a surge in…
Avis Budget shares touch record high as short squeeze hammers bearish bets
By Shashwat Chauhan April 21 (Reuters) – Shares of car-rental company Avis Budget extended April’s dizzying rally to hit a…
US received 6,000 applications for air traffic control roles, transportation secretary says
By Courtney Rozen WASHINGTON, April 17 (Reuters) – The U.S. Federal Aviation Administration received 6,000 applications for air traffic control…
Meta to raise Quest VR headset prices in US on rising component costs
April 16 (Reuters) – Meta Platforms said on Thursday it would increase the prices of its virtual reality headsets from…
Morgan Stanley’s profit beats estimates on record trading revenue, dealmaking boost
By Utkarsh Shetti and Tatiana Bautzer April 15 (Reuters) – Morgan Stanley beat Wall Street expectations for first-quarter profit on…
BoE’s Bailey sees major cybersecurity risks in new Anthropic model
By William Schomberg and Andy Bruce April 14 (Reuters) – Central banks and financial regulators must quickly understand the implications…
Meta poised to surpass Google in digital ad revenue for first time, report says
By Jaspreet Singh April 13 (Reuters) – Meta Platforms is projected to surpass Alphabet’s Google in digital advertising revenue globally…
BlackRock files for Nasdaq-100 fund, expanding competition with Invesco
April 6 (Reuters) – BlackRock has filed for an exchange-traded fund that will track the Nasdaq-100, in a challenge to…
Nvidia bets $2 billion on Marvell as rising AI adoption fuels competition
By Jaspreet Singh and Kritika Lamba March 31 (Reuters) – Nvidia has invested $2 billion in Marvell Technology as part…