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Nvidia short bets rake in over $6 billion in profits after DeepSeek panic
Business

Nvidia short bets rake in over $6 billion in profits after DeepSeek panic

By Shashwat Chauhan (Reuters) – Short sellers of artificial intelligence-related stocks raked in bumper profits after the smashing debut of…

January 28, 2025March 21, 2025
Helion raises $425 million from SoftBank’s venture arm, hits $5.4 billion valuation
Business

Helion raises $425 million from SoftBank’s venture arm, hits $5.4 billion valuation

By Stephen Nellis (Reuters) – Helion, a startup working to generate electricity from nuclear fusion, on Tuesday said it has…

January 28, 2025March 21, 2025
Smithfield Foods to keep US pork plants open, eyes tariffs amid IPO, CEO says
Business

Smithfield Foods to keep US pork plants open, eyes tariffs amid IPO, CEO says

By Tom Polansek and Juveria Tabassum (Reuters) – Smithfield Foods does not plan to close more U.S. pork processing plants,…

January 28, 2025March 21, 2025
Big Tech faces heat as China’s DeepSeek sows doubts on billion-dollar spending
Uncategorized

Big Tech faces heat as China’s DeepSeek sows doubts on billion-dollar spending

By Aditya Soni and Zaheer Kachwala (Reuters) – Chinese startup DeepSeek’s cheaper AI is sharpening investor scrutiny of the billions…

January 27, 2025March 21, 2025
Trump fires officials who worked for prosecutor Jack Smith, Fox News reports
Uncategorized

Trump fires officials who worked for prosecutor Jack Smith, Fox News reports

WASHINGTON (Reuters) -The Justice Department is firing more than a dozen officials who worked on Special Counsel Jack Smith’s cases…

January 27, 2025March 21, 2025
Mercedes-Benz expects higher margin on car division in fourth quarter, analysts say
Business

Mercedes-Benz expects higher margin on car division in fourth quarter, analysts say

(Reuters) – Mercedes-Benz told investors on Monday it expected the adjusted margin of its passenger car division to be above…

January 27, 2025March 21, 2025
Economy

Lamb Weston shareholders unhappy with management, Jana says, hinting at proxy fight

NEW YORK (Reuters) – Lamb Weston shareholders love the French fry maker’s products but are unhappy with management, activist investor…

January 27, 2025March 21, 2025
Meta to test ads on Threads in US and Japan
Business

Meta to test ads on Threads in US and Japan

(Reuters) – Meta Platforms will begin test launching ads on its social media platform Threads with a few brands in…

January 24, 2025January 27, 2025
Shein tells UK lawmakers it does not allow Chinese cotton in products sold in US
Business

Shein tells UK lawmakers it does not allow Chinese cotton in products sold in US

By Helen Reid and James Davey LONDON (Reuters) -Online fast-fashion retailer Shein requires its contract manufacturers to only source cotton…

January 24, 2025January 27, 2025
Amazon Prime Video shifts focus to live sports to boost profits, The Information reports
Business

Amazon Prime Video shifts focus to live sports to boost profits, The Information reports

(Reuters) – Amazon’s Prime Video has shifted its strategic focus towards live sports and away from original television shows and…

January 24, 2025January 27, 2025

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