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Month: December 2024

Exclusive-Major cloud providers could get key role in AI chip access outside the US – sources
Uncategorized

Exclusive-Major cloud providers could get key role in AI chip access outside the US – sources

By Alexandra Alper and Karen Freifeld WASHINGTON (Reuters) – In its latest jab at Beijing, the U.S. will empower companies…

December 13, 2024January 27, 2025
BlackRock recommends bitcoin portfolio weighting of up to 2% for interested investors
Business

BlackRock recommends bitcoin portfolio weighting of up to 2% for interested investors

By Suzanne McGee (Reuters) -BlackRock recommends that interested investors consider allocating as much as 2% of their portfolio to bitcoin,…

December 12, 2024January 27, 2025
BuzzFeed sells ‘Hot Ones’ creator for $82.5 million to group led by Soros-affiliate
Business

BuzzFeed sells ‘Hot Ones’ creator for $82.5 million to group led by Soros-affiliate

(Reuters) – BuzzFeed said on Thursday it has sold First We Feast, creator of YouTube’s popular talk show ‘Hot Ones’,…

December 12, 2024January 27, 2025
Elon Musk’s net worth tops $400 billion, Forbes billionaires list shows
Uncategorized

Elon Musk’s net worth tops $400 billion, Forbes billionaires list shows

(Reuters) – Tesla CEO Elon Musk’s net worth crossed $400 billion on Thursday, the Forbes real-time billionaires list showed, boosted…

December 12, 2024January 27, 2025
Wall Street hopes rate cuts will force clients out of cash in 2025
Uncategorized

Wall Street hopes rate cuts will force clients out of cash in 2025

(Reuters) – Wall Street executives at the Reuters Next conference in New York expect a $7-trillion cash pile that proved…

December 12, 2024January 27, 2025
Google-parent Alphabet hits record high after Trump taps Andrew Ferguson as FTC chair
Business

Google-parent Alphabet hits record high after Trump taps Andrew Ferguson as FTC chair

By Harshita Mary Varghese (Reuters) – Alphabet led a Big Tech rally on Wednesday, with its stock hitting a record…

December 11, 2024January 27, 2025
NYSE’s Lynn Martin sees active IPO market in 2025
Uncategorized

NYSE’s Lynn Martin sees active IPO market in 2025

By Laura Matthews NEW YORK (Reuters) – The market for U.S. initial public offerings could see high levels of interest…

December 11, 2024January 27, 2025
BofA CEO says business outlook is brighter under Trump, expects surge in banking, trading revenue
Business

BofA CEO says business outlook is brighter under Trump, expects surge in banking, trading revenue

By Saeed Azhar, Lananh Nguyen and Arasu Kannagi Basil (Reuters) – Bank of America expects regulatory changes under President-elect Donald…

December 11, 2024January 27, 2025
Amazon, Pfizer execs seek common ground with RFK Jr on climate risks to health
Uncategorized

Amazon, Pfizer execs seek common ground with RFK Jr on climate risks to health

By Michele Gershberg and Michael Erman NEW YORK (Reuters) -Executives from Pfizer Inc and Amazon.com see opportunities for working with…

December 11, 2024January 27, 2025
JPMorgan Chase expects investment banking fees to be up by 45% in Q4
Business

JPMorgan Chase expects investment banking fees to be up by 45% in Q4

By Nupur Anand, Tatiana Bautzer and Manya Saini NEW YORK (Reuters) -JPMorgan Chase investment banking fees are expected to rise…

December 10, 2024January 27, 2025

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