Elon Musk won $56 billion payday because of vote, Tesla argues in court
By Tom Hals WILMINGTON, Delaware (Reuters) – Tesla is claiming Elon Musk won his legal battle over his $56 billion…
Author: Trading Reports Daily
Meta must face lawsuit claiming it prefers foreign workers over US citizens
By Daniel Wiessner (Reuters) -A U.S. appeals court on Thursday revived a software engineer’s proposed class action claiming Meta Platforms…
Fed’s Bowman: not ready to cut rates until clearer inflation is ebbing
By Michael S. Derby (Reuters) – U.S. Federal Reserve Governor Michelle Bowman reiterated on Thursday that she is still not…
Micron Technology beats estimates for third-quarter revenue on AI chip demand
(Reuters) -Chipmaker Micron Technology beat estimates for third-quarter revenue on Wednesday, driven by a surge in demand for its memory…
Wall Street ends slightly up, trade choppy ahead of inflation data
By Ankika Biswas, Lisa Pauline Mattackal and Carolina Mandl (Reuters) -Major U.S. stock indexes closed with modest gains on Wednesday…
Hollywood workers union reaches pay, AI-use deal with top studios
(Reuters) – A union representing Hollywood film and television crew said on Tuesday it has reached a tentative three-year deal…
Nvidia shares surge nearly 7%, bouncing after $430 billion market slump
By Chibuike Oguh NEW YORK (Reuters) -Shares of Nvidia surged nearly 7% on Tuesday, snapping out of a three-session tailspin…
RTX’s Collins in talks to drop ISS spacesuit contract with NASA, sources say
By Joey Roulette WASHINGTON (Reuters) – RTX Corp subsidiary Collins Aerospace is in talks with NASA to back out of…
Google to showcase AI, new Pixel phones at surprise Aug 13 event, the Verge reports
(Reuters) – Google will showcase artificial intelligence features, and updates to its Pixel devices and the Android platform at a…
AI stocks to leave big impact on Russell reconstitution
By Chuck Mikolajczak and Lewis Krauskopf NEW YORK (Reuters) – Investors are gearing up for the final reconstitution of the…