Apple approaches $4 trillion valuation as investors bet on AI momentum
By Shashwat Chauhan and Medha Singh (Reuters) -Apple is closing in on a historic $4 trillion stock market valuation, powered…
Category: Business
Google’s proposed search result changes get thumbs up from EU airlines
By Foo Yun Chee BRUSSELS (Reuters) – Alphabet’s Google’s proposed changes to its search results to comply with EU tech…
Carnival forecasts robust 2025 bookings as cruise demand booms
By Anuja Bharat Mistry (Reuters) -Cruise operator Carnival Corp forecast strong bookings for 2025 ahead of the busy summer travel…
Apple says it has told suppliers to stop buying minerals from Congo
(Reuters) – Apple on Tuesday said it strongly disputes allegations that it uses conflict minerals in its products and told…
Lockheed forms subsidiary to help defense companies adopt AI
(Reuters) – Lockheed Martin said on Monday it had formed a subsidiary that will help U.S. defense companies incorporate artificial…
Musk’s xAI offers free access to Grok-2 AI chatbot
(Reuters) – Elon Musk’s artificial intelligence startup, xAI, said on Saturday that its new version of the Grok-2 chatbot will…
Meta urges California attorney general to stop OpenAI from becoming for-profit, WSJ reports
(Reuters) -Meta Platforms is urging California’s attorney general to block OpenAI’s planned conversion to a for-profit company, the Wall Street…
Exclusive-Databricks nears record $9.5 billion VC raise, eyes extra $4.5 billion debt
By Krystal Hu, Kenrick Cai and Echo Wang (Reuters) – Software firm Databricks is nearing a deal that could become…
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…
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…