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…
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…
New AI benchmark tests speed of responses to user queries
By Max A. Cherney SAN FRANCISCO (Reuters) – Artificial intelligence benchmarking group MLCommons on Wednesday released a fresh set of…
Lucrative foreign exchange trade sustained by low volatility
By Saqib Iqbal Ahmed NEW YORK (Reuters) -An unusual calm enveloping foreign exchange markets is extending the life of a…
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…
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…
Nuclear fusion backers meet in US capital as competition with China looms
By Timothy Gardner WASHINGTON (Reuters) -Leaders in the emerging Western nuclear fusion industry are convening in Washington, D.C., this week…
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…
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…
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…