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Category: Business

Business

Tesla likely to spend $3 billion-$4 billion on Nvidia hardware this year

(Reuters) -Tesla will likely spend between $3 billion and $4 billion on its purchases of chip company Nvidia’s hardware this…

June 4, 2024January 24, 2025
Business

E*Trade possibly ousting GameStop bull ‘Roaring Kitty’ spurs online backlash

(Please note language in paragraph 6 that readers may find offensive) By Suzanne McGee and Saqib Iqbal Ahmed (Reuters) –…

June 4, 2024January 24, 2025
Business

Nvidia leads global market cap gainers in May with AI-driven rally

(Reuters) – Nvidia led global companies in market cap gains in May, buoyed by a stunning rally as its bumper…

June 3, 2024January 24, 2025
Business

Microsoft to lay off hundreds at Azure cloud unit, Business Insider reports

(Reuters) -Microsoft is cutting hundreds of jobs at its Azure cloud unit, Business Insider reported on Monday, citing people familiar…

June 3, 2024January 24, 2025
Business

AMD launches new AI chips to take on leader Nvidia

By Arsheeya Bajwa TAIPEI (Reuters) – Advanced Micro Devices unveiled its latest artificial intelligence processors on Monday and detailed its…

June 3, 2024January 24, 2025
Business

Trend Micro taps Nvidia software tools for AI cybersecurity offering

By Stephen Nellis (Reuters) – Trend Micro on Sunday said it is working with Nvidia to create new cybersecurity tools…

June 2, 2024January 24, 2025
Business

Qatar Airways closes in on major Boeing, Airbus widebody order, Bloomberg News reports

(Reuters) – Qatar Airways PJSC is nearing a decision on a major widebody order split between Boeing and Airbus, Bloomberg…

June 2, 2024January 24, 2025
Business

Meta’s Facebook says it is attracting most young adults in 3 years

By Katie Paul NEW YORK (Reuters) – Meta said on Friday its flagship app Facebook is attracting its highest number…

June 1, 2024January 24, 2025
Business

Carl Icahn has sizable stake in Caesars Entertainment, Bloomberg News reports

(Reuters) – Activist investor Carl Icahn has a sizable position in casino operator Caesars Entertainment, Bloomberg News reported on Friday…

June 1, 2024January 24, 2025
Business

US lawmakers ask FBI for briefing on GenScript Biotech’s links to China

By Karen Freifeld (Reuters) – The U.S. House of Representatives committee on China has asked the FBI and the intelligence…

May 31, 2024January 24, 2025

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