Barclays beats two lawsuits in US over $17.7 billion issuance blunder
(Reuters) – Barclays won the dismissal on Friday of two U.S. securities fraud lawsuits stemming from the British bank’s unauthorized…
Author: Trading Reports Daily
Exclusive-Former Cruise CEO Vogt’s robotics startup valued at $2 billion in new funding, sources say
By Anna Tong, Krystal Hu and Kenrick Cai (Reuters) – Kyle Vogt, former CEO of self-driving car company Cruise, has…
US SEC holds crypto task force roundtable as Trump plans regulatory revamp
By Hannah Lang (Reuters) – The U.S. Securities and Exchange Commission’s crypto task force held its first public meeting with…
Trump administration transferring student loan, nutrition programs out of Education Dept
WASHINGTON (Reuters) -U.S. President Donald Trump said on Friday his administration will transfer responsibility for the federal government’s student loans,…
Nvidia to open quantum computing lab, CEO says
By Stephen Nellis SAN JOSE, California (Reuters) -Nvidia will open a quantum computing research lab in Boston, where it plans…
Perplexity AI in talks to raise funds at $18 billion valuation, source says
By Jaspreet Singh and Akash Sriram (Reuters) -Perplexity AI is in talks to raise funds at an $18 billion valuation,…
Trump signs order aimed at dismantling US Department of Education
By Jeff Mason and Andy Sullivan WASHINGTON (Reuters) -Flanked by students and educators, U.S. President Donald Trump on Thursday signed…
Factbox-Lilly’s weight-loss drug launch in India to energize rivals eyeing mega market
(Reuters) -Eli Lilly on Thursday launched in India its diabetes and weight-loss drug, Mounjaro, which has already clocked in over…
Nvidia CEO says orders for 3.6 million Blackwell GPUs exclude Meta
(Reuters) -Nvidia CEO Jensen Huang said on Wednesday that orders for some 3.6 million of its flagship “Blackwell” chips from…
Amazon loses court fight against record $812 million Luxembourg privacy fine
By Foo Yun Chee BRUSSELS (Reuters) – Amazon lost its fight against a record 746 million euro ($812.4 million) fine…