Nvidia’s strong forecast calms AI bubble jitters – for now
By Arsheeya Bajwa and Stephen Nellis (Reuters) -Nvidia forecast quarterly revenue well above Wall Street estimates on Wednesday and CEO…
Author: The Trading Report
Archer partners with Saudi entities to develop and test air taxi operations
(Reuters) -Archer Aviation said on Wednesday it has signed a deal with The Helicopter Company and luxury developer Red Sea…
AI-focused developers help fuel New York City life, city agency chief says
By Megan Davies NEW YORK (Reuters) -New York City companies focused on artificial intelligence, which rely on human interaction to…
US factory orders rebound as expected in August
WASHINGTON (Reuters) -New orders for U.S.-manufactured goods rebounded in August, though business spending on equipment was not as strong as…
US futures drop on fading December rate-cut expectations
(Reuters) -U.S. stock index futures dipped on Friday, signaling a fresh round of selloff on Wall Street after hawkish comments…
US Senate rejects bill to restore federal worker pay, remains at odds over shutdown
By David Morgan, Bo Erickson, Nolan D. McCaskill and Andy Sullivan WASHINGTON (Reuters) -The U.S. Senate on Friday rejected legislation…
Amazon takes low-cost ecommerce service global
(Reuters) -Amazon.com on Friday expanded the reach of its low-cost ecommerce service to 14 additional markets and will call it…
Fed Vice Chair Jefferson: Slow approach to cuts makes sense as policy rate approaches neutral
By Howard Schneider WASHINGTON (Reuters) -The Fed should “proceed slowly” in approving further interest rate cuts as monetary policy moves…
Ford’s US October sales rise on demand for pickup trucks despite EV decline
(Reuters) -Ford on Monday reported a 1.6% rise in U.S. sales in October, as a rise in demand for pickup…
US FDA’s drug division chief resigns amid ethics concerns and lawsuit
(Reuters) -The director of the U.S. Food and Drug Administration’s Center for Drug Evaluation and Research, George Tidmarsh, resigned on…