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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
Uncategorized

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
US Treasury transfers $20 billion in Ukraine loan funds to World Bank facility
Top News

US Treasury transfers $20 billion in Ukraine loan funds to World Bank facility

By David Lawder WASHINGTON (Reuters) – The U.S. Treasury Department on Tuesday said it transferred the $20 billion U.S. portion…

December 10, 2024January 24, 2025
Ferrari will always make its cars in Italy, CEO says
Business

Ferrari will always make its cars in Italy, CEO says

By Vanessa O’Connell NEW YORK (Reuters) -Ferrari will always make its luxury sports car in its hometown of Maranello, northern…

December 10, 2024January 24, 2025
Uncategorized

China targets Nvidia with antitrust probe, escalates US chip tensions

By Liam Mo and Brenda Goh BEIJING (Reuters) -China said on Monday it has launched an investigation into Nvidia over…

December 10, 2024January 24, 2025
Trump says anyone investing $1 billion in US will receive expedited permits
Uncategorized

Trump says anyone investing $1 billion in US will receive expedited permits

WASHINGTON (Reuters) -U.S. President-elect Donald Trump said on Tuesday that any person or company investing at least $1 billion into…

December 10, 2024January 24, 2025

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