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German Chancellor Olaf Scholz is flanked by Economy and Climate Minister Robert Habeck and Finance Minister Christian Lindner to comment on the ruling of Germany’s Constitutional court that the government’s re-location of 60 billion euros ($65 billion USD) of unused debt from the pandemic era to climate fund was illegal, in… Acquire Licensing Rights Read … Read more
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A trader works on the floor of the New York Stock Exchange shortly before the closing bell as the market takes a significant dip in New York, U.S., February 25, 2020. REUTERS/Lucas Jackson/File Photo Acquire Licensing Rights A look at the day ahead in U.S. and global markets from Mike Dolan The mercurial world of … Read more
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The logo of NVIDIA as seen at its corporate headquarters in Santa Clara, California, in May of 2022. Courtesy NVIDIA/Handout via REUTERS/File Photo Acquire Licensing Rights A look at the day ahead in European and global markets from Wayne Cole. The early focus was on Nvidia (NVDA.O), which in AI tech terms is the only … Read more
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Best Buy down on weak outlook Kohl’s slips on quarterly sales miss NEW YORK, Nov 21 (Reuters) – U.S. stocks retreated on Tuesday and the S&P 500 snapped a five-session winning streak, with retailers down after some disappointing outlooks and technology shares falling. Indexes stayed lower after minutes from the latest Federal Reserve meeting showed … Read more
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[1/2]Tencent sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song/File photo Acquire Licensing Rights HONG KONG, Nov 15 (Reuters) – Chinese technology giant Tencent Holdings (0700.HK) on Wednesday said it has a large stockpile of AI chips from U.S. maker Nvidia (NVDA.O), but that broadened U.S. … Read more
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Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. REUTERS/Brendan McDermid Acquire Licensing Rights Tech sector jumps, helped by Microsoft, Nvidia Investors looking ahead to CPI next week Illumina falls on annual profit forecast cut Nov 10 (Reuters) – Wall Street’s main indexes ended … Read more
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A smartphone with a displayed AMD logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Oct 31 (Reuters) – Chip designer Advanced Micro Devices (AMD.O) on Tuesday forecast $2 billion in sales in 2024 from a chip that aims to compete with Nvidia (NVDA.O) … Read more
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The logo of Western Digital Corporation is displayed at the company’s headquarters in Tokyo, Japan, May 27, 2019. REUTERS/Yoshiyasu Shida/File Photo Acquire Licensing Rights Oct 30 (Reuters) – Western Digital (WDC.O) said on Monday it would spin off its flash memory business that has been grappling with a supply glut after talks of merging the … Read more
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Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing Rights TOKYO, Oct 26 (Reuters) – Japanese automotive supplier Denso (6902.T) will invest about 500 billion yen ($3.3 billion) in semiconductors by 2030 as aims to triple the scale of its chips business … Read more
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The logo of SK Hynix is seen at its headquarters in Seongnam, South Korea, April 25, 2016. REUTERS/Kim Hong-Ji/File Photo Acquire Licensing Rights SEOUL, Oct 26 (Reuters) – South Korea’s SK Hynix (000660.KS) said a boom in artificial intelligence will drive chip profits after posting a sharply narrower third quarter loss than it did in … Read more