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Broadcom hits trillion-dollar valuation on lofty forecasts for AI demand
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Broadcom hits trillion-dollar valuation on lofty forecasts for AI demand

By Arsheeya Bajwa and Siddarth S (Reuters) – Broadcom is predicting a massive expansion in demand for chips that power…

December 13, 2024January 24, 2025
Exclusive-Major cloud providers could get key role in AI chip access outside the US – sources
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Exclusive-Major cloud providers could get key role in AI chip access outside the US – sources

By Alexandra Alper and Karen Freifeld WASHINGTON (Reuters) – In its latest jab at Beijing, the U.S. will empower companies…

December 13, 2024January 24, 2025
Trump says he will use military for deportations to fullest extent of law
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Trump says he will use military for deportations to fullest extent of law

By Ted Hesson WASHINGTON – President-elect Donald Trump will use the U.S. military to the fullest extent of the law…

December 12, 2024January 24, 2025
Elon Musk’s net worth tops $400 billion, Forbes billionaires list shows
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Elon Musk’s net worth tops $400 billion, Forbes billionaires list shows

(Reuters) – Tesla CEO Elon Musk’s net worth crossed $400 billion on Thursday, the Forbes real-time billionaires list showed, boosted…

December 12, 2024January 24, 2025
Archer Aviation raises $430 million through equity offering, partners with Anduril
Business

Archer Aviation raises $430 million through equity offering, partners with Anduril

By Anshuman Tripathy (Reuters) -Air-taxi maker Archer Aviation said on Thursday it has raised $430 million in fresh capital, part…

December 12, 2024January 24, 2025
Business

Stifel expects S&P 500 to peak in early 2025 before falling

(Reuters) – Stifel expects the S&P 500 index to peak in the first half of 2025, then fall 10% to…

December 12, 2024January 24, 2025
Adobe forecasts fiscal 2025 revenue below estimates on slower subscription spending
Business

Adobe forecasts fiscal 2025 revenue below estimates on slower subscription spending

(Reuters) – Photoshop maker Adobe forecast fiscal 2025 revenue below Wall Street estimates on Wednesday, indicating the company’s investments to…

December 11, 2024January 24, 2025
Microsoft expects $800 million impairment charge in Q2 2025 over General Motors’ Cruise exit
Business

Microsoft expects $800 million impairment charge in Q2 2025 over General Motors’ Cruise exit

(Reuters) – Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year…

December 11, 2024January 24, 2025
Stunning rally in Big Tech drives Nasdaq to 20,000
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Stunning rally in Big Tech drives Nasdaq to 20,000

By Saqib Iqbal Ahmed, Suzanne McGee and Lewis Krauskopf NEW YORK (Reuters) – The Nasdaq Composite Index hit 20,000 for…

December 11, 2024January 24, 2025
Russia blasts US transfer of $20 billion to Ukraine backed by frozen assets
Top News

Russia blasts US transfer of $20 billion to Ukraine backed by frozen assets

(Reuters) – Russia’s Foreign Ministry said on Wednesday that the U.S. transfer to Ukraine of $20 billion backed by frozen…

December 11, 2024January 24, 2025

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