By Max A. Cherney SEATTLE (Reuters) -Microsoft on Monday debuted a new category of personal computers with AI features as it rushes to build the emerging technology into products across its business a[...]
Read more
May 21, 2024
BHP shares hit 3-month high as deadline for formal Anglo bid looms
By Melanie Burton and Lewis Jackson PERTH (Reuters) -Shares of BHP Group touched a three-month high on Tuesday about 36 hours ahead of a deadline to lodge a formal bid for rival miner Anglo American,[...]
Read more
Top U.S. natural gas producer Chesapeake Energy cuts jobs
By Shariq Khan and Liz Hampton (Reuters) – Chesapeake Energy, a top U.S. natural gas producer, began laying off employees this week after completing the divestiture of its oil assets last year,[...]
Read more
Nvidia earnings could spark $200 billion swing in shares, options show
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Traders are pricing in a big move for Nvidia’s shares after the chipmaker reports earnings on Wednesday, though expectations for volatility are more mut[...]
Read more
European labs led by imec to receive $2.7 billion in Chips Act funding
By Toby Sterling ANTWERP, Belgium (Reuters) – Leading European research labs will receive 2.5 billion euros ($2.72 billion) in funding under the European Chips Act to set up a pilot line to deve[...]
Read more
Samsung picks veteran executive to tackle ‘chip crisis’ amid AI boom
By Heekyong Yang and Ju-min Park SEOUL (Reuters) -Samsung Electronics has replaced the chief of its semiconductor division in a bid to overcome a “chip crisis”, amid a booming market for A[...]
Read more
Morning Bid: News vacuum sucks momentum from markets
A look at the day ahead in European and global markets from Kevin Buckland Stock market momentum is waning as a dearth of fresh economic clues sees the feverish punting over the pace of Federal Reserv[...]
Read more
US regulator launches probe of VinFast crash in California in which four died
By David Shepardson WASHINGTON (Reuters) -U.S. auto safety investigators said on Monday they have launched an investigation into the April crash of a VinFast VF 8 electric vehicle in Pleasanton, Calif[...]
Read more
Li Auto delays pure electric SUV launch due to insufficient fast charging network
SHANGHAI (Reuters) – China’s Li Auto said it has postponed plans to launch pure electric SUV models to next year, citing hurdles such as a lack of enough fast chargers, sending its shares[...]
Read more