US proposes targeted restrictions for AI and tech investment in China
By Andrea Shalal, David Lawder and Karen Freifeld WASHINGTON/NEW YORK(Reuters) -The United States on Friday issued what it described as…
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US equity funds witness outflows for second successive week
(Reuters) – U.S. investors shed equity funds for a second successive week in the seven days to June 19, exercising…
S&P, Nasdaq end lower as Nvidia drags the tech sector for second day
By Echo Wang (Reuters) -The S&P 500 and Nasdaq closed marginally lower on Friday, weighed down by a decline in…
GameStop’s fans await shareholder meeting, after high demand derailed first attempt
By Suzanne McGee (Reuters) – GameStop’s annual meeting, scheduled for Monday, is creating a growing buzz on social media among…
Gemini founders donate $1 million in bitcoin to Trump
(Reuters) – Winklevoss brothers, the founders of crypto currency exchange Gemini, said in a post on social media platform X…
Trump decries state of economy in Wisconsin city where his promise of jobs fell short
By Gram Slattery RACINE, Wisconsin (Reuters) -Republican presidential candidate Donald Trump sought to present himself as the best candidate for…
AI fever drives Nvidia’s rise to world’s most valuable company
By Lewis Krauskopf NEW YORK (Reuters) – Nvidia has become the world’s most valuable company following a staggering rally in…
US home sales crumble in May on higher rates and record prices, says Redfin
(Reuters) – U.S. home sales in May fell to among the lowest levels in the past decade, real estate brokerage…
CNN rules for first US presidential debate: no props, muted microphones
By David Shepardson and Andrea Shalal WASHINGTON (Reuters) – The first U.S. presidential debate between incumbent Joe Biden and Republican…
Musk wins pay approval but still faces Tesla’s floundering stock and rich valuation
By Noel Randewich (Reuters) – Tesla shareholders approved CEO Elon Musk’s $56 billion pay package in a what was seen…