(Reuters) – NASA has awarded Intuitive Machines a $116.9 million contract to deliver six science and technology payloads to the Moon’s south pole, the space exploration company said, sendi[...]
Read more
August 29, 2024
Lululemon cuts annual forecasts on tepid US demand, slower product refresh
By Savyata Mishra (Reuters) -Lululemon Athletica cut its annual sales and profit forecasts on Thursday, as demand for its pricey leggings and tank tops slowed in North America amid selective consumer[...]
Read more
Exclusive-US government funding yielded hundreds of patents for China-based researchers
By Michael Martina WASHINGTON (Reuters) -The U.S. Defense Department, NASA and other government agencies funded research that led to more than 1,000 U.S. patents for China-based inventors since 2010,[...]
Read more
US bankruptcy court approves stalking horse bid for SunPower assets
(Reuters) – A U.S. bankruptcy court judge approved on Thursday a $45 million bid for the assets of failed residential solar company SunPower by rival Complete Solaria. WHY IT’S IMPORTANT A[...]
Read more
OpenAI says ChatGPT’s weekly users have grown to 200 million
(Reuters) – AI startup OpenAI said on Thursday its chatbot ChatGPT now has more than 200 million weekly active users, double the number it had in the last fall season. ChatGPT, launched in 2022,[...]
Read more
Nvidia’s rally takes a break after forecasts fall short of investor expectations
By Deborah Mary Sophia, Noel Randewich and Saqib Iqbal Ahmed (Reuters) -Nvidia shares dropped more than 6% on Thursday after its forecast fell short of lofty expectations, though some believe the mode[...]
Read more
Leveraged Nvidia ETF issuers saw trading surge in bearish products ahead of earnings
By Suzanne McGee (Reuters) – Interest in leveraged exchange-traded funds that allow investors to profit when shares of Nvidia fall grew steadily ahead of the chipmaker’s quarterly results,[...]
Read more
Delaware settles dispute with other states over unclaimed MoneyGram funds
By Nate Raymond (Reuters) – Thirty states are set to receive more than $102 million from Delaware after the U.S. Supreme Court last year unanimously ruled that it had no right to keep hundreds o[...]
Read more
US trade chief Tai lauds Canada’s steep new tariffs on Chinese EV, metals
By David Lawder WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai on Thursday gave a strong endorsement to Canada’s decision to impose a 100% tariff on Chinese-made electric v[...]
Read more