Amazon doubles down on AI startup Anthropic with $4 billion investment
By Arsheeya Bajwa (Reuters) -Amazon.com pumped in an additional $4 billion into artificial intelligence startup Anthropic, as the e-commerce giant…
Author: Trading Reports Daily
Netflix set for biggest weekly gain since January after Paul-Tyson fight
By Caroline Valetkevitch NEW YORK (Reuters) – Netflix shares were on track for a fifth consecutive gain on Friday and…
Exclusive-Amazon likely to face investigation under EU tech rules next year, sources say
By Foo Yun Chee BRUSSELS (Reuters) -Amazon will likely face an EU investigation next year into whether it favours its…
Automakers urge Trump to preserve EV tax credits, boost self-driving cars
By David Shepardson WASHINGTON (Reuters) – A group representing major automakers including General Motors, Toyota Motor Corp, and Volkswagen urged…
Analysis-Legal hurdles ahead for Google’s forced sale of Chrome
By Deborah Mary Sophia, Akash Sriram and Kenrick Cai (Reuters) – Efforts by U.S. antitrust regulators to break up Alphabet…
Exxon Mobil pulls out of talks with Guyana over shallow water oil block, gov says
GEORGETOWN (Reuters) – U.S. oil major Exxon Mobil has pulled out of negotiations with Guyana’s government on terms for exploring…
Trump team weighs creating first-ever White House crypto role, Bloomberg News reports
(Reuters) – President-elect Donald Trump’s team is holding discussions with the digital asset industry about whether to create a new…
Biden administration moves to forgive $4.7 billion of loans to Ukraine
(Changes to ‘administration’ from ‘administrations’ in headline) By Simon Lewis and Daphne Psaledakis WASHINGTON (Reuters) -The Biden administration has moved…
Snowflake raises annual product revenue forecast, announces AI deal with Anthropic
(Reuters) -Data cloud and analytics provider Snowflake on Wednesday raised its annual product revenue forecast and announced a multi-year partnership…
Nvidia fourth-quarter revenue estimate fails to impress Wall Street
By Max A. Cherney and Arsheeya Bajwa (Reuters) – Nvidia forecast fourth-quarter revenue slightly above estimates on Wednesday, but still…