Amazon, MercadoLibre to benefit from Mexico import tariffs, Itau BBA saysÂ
SAO PAULO/MEXICO CITY (Reuters) – E-commerce giants Amazon.com and MercadoLibre stand to benefit from new tariffs on low-cost imports into…
Author: Trading Reports Daily
Anthropic to raise $2 billion in deal valuing AI startup at $60 billion, WSJ says
(Reuters) -AI startup Anthropic is in advanced talks to raise $2 billion in a deal valuing the OpenAI rival at…
Tech group urges US to halt rule that would limit global access to AI chips
By Karen Freifeld (Reuters) – A technology industry group on Tuesday urged President Joe Biden’s administration to refrain from issuing…
Lucid beats estimates for EV deliveries as price cuts, cheaper financing spur demand
By Jaspreet Singh (Reuters) -Lucid beat expectations for quarterly deliveries, as the Saudi Arabia-backed maker of luxury electric vehicles lowered…
Smithfield Foods first to publicly file in 2025 for big US IPO
(Reuters) -Smithfield Foods on Monday made public its paperwork for its New York initial public offering as the maker of…
Gemini agrees to $5 million fine, injunction over CFTC charges, filing shows
NEW YORK (Reuters) -Gemini Trust Company agreed to pay a civil penalty of $5 million to settle U.S. Commodity Futures…
Chip firms surge on hopes of strong AI-led demand
By Medha Singh and Purvi Agarwal (Reuters) -Shares of chipmakers jumped on Monday as Microsoft’s plan to invest $80 billion…
US to award $306 million for bird flu monitoring and preparedness
(Reuters) – The U.S. Department of Health and Human Services said on Friday it would award $306 million in funds…
US surgeon general’s advisory on cancer risk of alcoholic drinks
(Reuters) – – U.S. Surgeon General Vivek Murthy issued an advisory on Friday calling for alcoholic drinks to carry a…
US hits JetBlue with $2 million penalty over chronic flight delays
By David Shepardson WASHINGTON (Reuters) -The U.S. Transportation Department imposed a $2 million penalty on JetBlue Airways for operating four…