Apple hit with $2 billion EU antitrust fine in Spotify case, will appeal
By Foo Yun Chee BRUSSELS (Reuters) -Brussels on Monday fined Apple 1.84 billion euros ($2 billion) for thwarting competition from…
Author: Wall St Mavens
Drugmakers send counter offers for U.S. Medicare price negotiations, Biden says
(Reuters) -The manufacturers of 10 high-cost drugs selected for the U.S. Medicare program’s first-ever pricing negotiations have submitted counter offers…
NYCB shares tumble 26% after ‘material weakness’ disclosure rattles investors
By Niket Nishant and Nupur Anand (Reuters) -New York Community Bancorp shares plunged nearly 26% on Friday after it replaced…
S&P 500, Nasdaq close at fresh records on AI boost, easing yields
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks rose on Friday, with the S&P 500 and Nasdaq closing at record…
US value stocks draw bargain hunters while AI fever rages
By David Randall NEW YORK (Reuters) -As fervor for artificial intelligence sweeps Wall Street, some investors are seeking bargains in…
Reddit seeks up to $6.5 billion valuation in IPO, source says
By Echo Wang (Reuters) – Media platform Reddit is eyeing a valuation of up to $6.5 billion in its initial…
Nvidia CEO says AI could pass human tests in five years
By Stephen Nellis PALO ALTO, California – (Reuters) – Nvidia Chief Executive Jensen Huang on Friday said that artificial general…
Elon Musk sues OpenAI for abandoning original mission for profit
By Jahnavi Nidumolu, Aditya Soni and Sheila Dang (Reuters) -Billionaire entrepreneur Elon Musk has sued ChatGPT-maker OpenAI and its CEO,…
Boeing in early talks to buy supplier Spirit Aero
By Abhijith Ganapavaram, Allison Lampert and Valerie Insinna (Reuters) -Boeing said on Friday it was in preliminary talks to buy…
Trump seeks delay of trial on mishandling classified documents
By Andrew Goudsward and Andy Sullivan FORT PIERCE, Florida (Reuters) -Donald Trump appeared in federal court in Florida on Friday…