AI firms surge after chip giant Nvidia discloses stake
By Medha Singh (Reuters) -Shares of smaller AI firms rallied on Thursday after the world’s most dominant artificial intelligence chipmaker,…
NYCB discloses over $18.7 billion in reciprocal deposit capacity, shares rise
By Manya Saini (Reuters) -New York Community Bancorp shares rose 5% on Thursday after it disclosed it has more than…
Pfizer agrees to pay $93 million to settle Lipitor antitrust lawsuit
By Mike Scarcella (Reuters) – Pfizer has agreed to pay $93 million to settle antitrust claims by wholesale drug distributors…
Lucid slashes prices of Air luxury EVs again to spur demand
(Reuters) -Electric-vehicle maker Lucid Group lowered prices of its flagship Air luxury sedans by 1% to 10% on Thursday, in…
Putin says he prefers ‘more predictable’ Biden over Trump
By Mark Trevelyan LONDON (Reuters) -Russian President Vladimir Putin said in an interview broadcast on Wednesday that he preferred Joe…
Wall Street ends higher, lifted by Uber, Lyft and Nvidia
By Noel Randewich and Johann M Cherian (Reuters) -Wall Street ended sharply higher on Wednesday as ride-hailing platforms Lyft and…
Nvidia replaces Alphabet as Wall St’s third most valuable company
By Noel Randewich (Reuters) -Nvidia eclipsed Google-parent Alphabet as the third most valuable U.S. company on Wednesday, just after overtaking…
Exclusive-Biden slashes F-35 jet order 18% in 2025 budget request, sources say
By Mike Stone WASHINGTON (Reuters) -U.S. President Joe Biden wants an 18% cut in the number of F-35 jets the…
NYCB shares drop as rate worries add to CRE exposure risk
By Niket Nishant (Reuters) -New York Community Bancorp shares fell nearly 4% after inflation data on Tuesday on investor worries…
Yellen sees progress in US inflation fight despite hotter CPI data
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Tuesday that consumer price index data for…