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Category: Business

GameStop shares fall as video game retailer faces competition, weak spending
Business

GameStop shares fall as video game retailer faces competition, weak spending

(Reuters) -GameStop’s shares fell more than 14% on Wednesday, as the brick-and-mortar video game retailer reported a decline in fourth-quarter…

March 27, 2024March 27, 2024
US FDA approves Merck’s therapy for rare lung condition
Business

US FDA approves Merck’s therapy for rare lung condition

(This March 26 story has been corrected to remove reference to follicle-stimulating hormone, in paragraph 8) By Leroy Leo and…

March 27, 2024March 27, 2024
Exclusive-First Quantum execs discuss investment, disputed copper with Chinese officials
Business

Exclusive-First Quantum execs discuss investment, disputed copper with Chinese officials

By Julian Luk and Divya Rajagopal LONDON/TORONTO (Reuters) -Executives from Canadian miner First Quantum Minerals met with Chinese government officials…

March 27, 2024March 28, 2024
Apollo offers $11 billion for Paramount’s Hollywood studio, source says
Business

Apollo offers $11 billion for Paramount’s Hollywood studio, source says

By Dawn Chmielewski (Reuters) – Private equity firm Apollo Global Management has offered $11 billion for Paramount Global’s Paramount Pictures…

March 21, 2024March 21, 2024
Chipmaker Micron’s shares surge as AI boom drives strong forecast
Business

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…

March 20, 2024March 20, 2024
Chipotle shares breach $3,000 on first ever stock-split plan
Business

Chipotle shares breach $3,000 on first ever stock-split plan

By Savyata Mishra (Reuters) -Chipotle Mexican Grill’s stock breached the $3,000 mark for the first time on Wednesday and closed…

March 20, 2024March 20, 2024
Nvidia unveils flagship AI chip, the B200, aiming to extend dominance
Business

Nvidia unveils flagship AI chip, the B200, aiming to extend dominance

By Max A. Cherney and Stephen Nellis SAN JOSE, California (Reuters) – Nvidia Chief Executive Jensen Huang on Monday kicked…

March 19, 2024March 19, 2024
Wall Street ends higher, investors juggle Fed nerves with AI enthusiasm
Business

Wall Street ends higher, investors juggle Fed nerves with AI enthusiasm

By Sinéad Carew and Bansari Mayur Kamdar (Reuters) -Wall Street’s main indexes closed higher on Monday, with megacap growth stocks…

March 18, 2024March 18, 2024
Apple in talks to let Google’s Gemini power iPhone AI features, Bloomberg News says
Business

Apple in talks to let Google’s Gemini power iPhone AI features, Bloomberg News says

By Martin Coulter (Reuters) -Apple is in talks to build Google’s Gemini artificial intelligence engine into the iPhone, Bloomberg News…

March 18, 2024March 18, 2024
Tesla shares gain after Model Y price hike in US, Europe
Business

Tesla shares gain after Model Y price hike in US, Europe

By Chibuike Oguh NEW YORK (Reuters) -Shares of Tesla jumped nearly 7% on Monday after the automaker announced price increases…

March 18, 2024March 18, 2024

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