S&P 500, Nasdaq end down as investors wait for CPI, PPI data
By Caroline Valetkevitch NEW YORK (Reuters) -The S&P 500 and Nasdaq ended down slightly on Monday with investors preparing for…
Category: Business
Oracle tops quarterly profit estimates on AI demand, shares surge
By Harshita Mary Varghese (Reuters) -Oracle said on Monday it is set to make a joint announcement with chip-giant Nvidia,…
Yen rises as investors eye Japan policy move; bitcoin soars to new record
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The yen drifted higher against the U.S. dollar for a fourth straight session…
Bitcoin hits record above $72,000 as demand frenzy intensifies
By Hannah Lang, Amanda Cooper and Harry Robertson WASHINGTON/LONDON (Reuters) -Bitcoin hit a record high on Monday above $72,000, as…
Reddit targets up to $6.4 billion valuation in much-awaited US IPO
By Niket Nishant, Manya Saini and Echo Wang (Reuters) – Reddit is aiming for a valuation of up to $6.4…
Elon Musk takes another swing at OpenAI, makes xAI’s Grok chatbot open-source
(Reuters) – Elon Musk said on Monday his artificial intelligence startup xAI would open-source its ChatGPT challenger “Grok” this week,…
Nvidia is sued by authors over AI use of copyrighted works
By Jonathan Stempel (Reuters) – Nvidia, whose chips power artificial intelligence, has been sued by three authors who said it…
US FDA approves Novo Nordisk’s Wegovy for lowering heart risks
By Patrick Wingrove and Sriparna Roy (Reuters) -The U.S. Food and Drug Administration approved Novo Nordisk’s weight-loss drug Wegovy on…
As Wall Street titans gather, finance museum searches for a home
By Lananh Nguyen NEW YORK (Reuters) -Financial industry heavyweights convened in New York last week to raise funds for a…
Dollar ends week under pressure as data keeps rate cut hopes alive
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar traded modestly weaker against most major peers on Friday, and was…