Factbox-Mega IPOs loom as Wall Street anticipates breakout year for listings
Feb 9 (Reuters) – Pent-up demand for new listings and a strong pipeline of high-profile private companies such as Elon…
Analysis-Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty
By Hannah Lang and Elizabeth Howcroft NEW YORK, Feb 7 (Reuters) – Bitcoin could drop further after wiping out all…
Tesla executives say company is hiring to support Musk’s expanded solar strategy
By Nichola Groom Feb 6 (Reuters) – Tesla is hiring to support founder Elon Musk’s recently announced plan to become…
Anthropic buys Super Bowl ads to slap OpenAI for selling ads in ChatGPT
By Dawn Chmielewski, Deepa Seetharaman and Max A. Cherney Feb 7 (Reuters) – Anthropic is spending millions of dollars to…
Dow closes above 50,000, Nvidia soars as traders focus on AI spending
By Noel Randewich Feb 6 (Reuters) – The Dow Jones Industrial Average blew past the historic 50,000 mark on Friday…
Analysis-Big US banks boost Washington lobbying muscle as policy fights heat up
WASHINGTON, Feb 5 (Reuters) – Big U.S. banks’ lobbying spend jumped 12% last year, the most in more than a…
China says expiration of US-Russia arms treaty regrettable
BEIJING, Feb 5 (Reuters) – The Chinese foreign ministry said on Thursday that the expiration of the U.S.-Russia arms treaty…
Big Tech’s $600 billion spending plans exacerbate investors’ AI headache
By Lucy Raitano and Dhara Ranasinghe LONDON, Feb 6 (Reuters) – A planned $600 billion artificial intelligence spending splurge by…
Big Tech’s quarter in four charts: AI splurge and cloud growth
By Harshita Mary Varghese and Anhata Rooprai Feb 6 (Reuters) – U.S. tech giants have predicted their spending would surge…
KFC parent company’s loyalty program in China surpasses 590 million members
By Waylon Cunningham Feb 4 (Reuters) – KFC’s parent company in China reported aggressive growth in its digital loyalty programs,…