Morning Bid: AI buzzes but market shrugs at Nvidia beat

Morning Bid: AI buzzes but market shrugs at Nvidia beat

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

EUROPE Nvidia shares take bumpy ride after hours

EUROPE Nvidia shares take bumpy ride after hours

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

Wall St ends down after recent gains; retailers, tech weak

Wall St ends down after recent gains; retailers, tech weak

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

Crypto firm Tether says it has frozen $225 mln linked to human trafficking

Crypto firm Tether says it has frozen $225 mln linked to human trafficking

[1/2]Tether logo is seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights LONDON, Nov 20 (Reuters) – Crypto firm Tether said on Monday that it had frozen $225 million worth of its cryptocurrency which it said had been linked to a human trafficking group in Southeast Asia. The U.S. Secret … Read more

GM’s Cruise robo-taxi CEO resigns from company

GM’s Cruise robo-taxi CEO resigns from company

Kyle Vogt, chief technology officer, president & co-founder of Cruise, a Honda and General Motors self-driving car partnership, speaks on stage at the launch of the Cruise Origin autonomous vehicle in San Francisco, California, U.S. January 21, 2020. REUTERS/Stephen Lam/File Photo Acquire Licensing Rights Nov 19 – The CEO of General Motors’ robot-taxi unit Cruise, … Read more

Ousted OpenAI CEO Altman planning new AI venture, sources say

Ousted OpenAI CEO Altman planning new AI venture, sources say

Sam Altman, CEO of Microsoft-backed OpenAI and ChatGPT creator speaks during a talk at Tel Aviv University in Tel Aviv, Israel June 5, 2023. REUTERS/Amir Cohen/File Photo Acquire Licensing Rights Nov 18 (Reuters) – Sam Altman, the recently ousted CEO of OpenAI, has been working on a new artificial intelligence venture he is planning to … Read more

Tencent says has Nvidia AI chip stockpile but seeking to buy domestic

Tencent says has Nvidia AI chip stockpile but seeking to buy domestic

[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

UK petrol station group EG to buy Tesla charging units

UK petrol station group EG to buy Tesla charging units

A Tesla electric charging point stands unused in a car park, as Britain will ban the sale of new petrol and diesel cars and vans from 2030, five years earlier than previously planned, in London, Britain, November 18, 2020. REUTERS/Simon Dawson/File Photo Acquire Licensing Rights LONDON, Nov 13 (Reuters) – British petrol station operator EG … Read more

Wall St posts big gains, helped by tech as Treasury yields calm

Wall St posts big gains, helped by tech as Treasury yields calm

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

Zee-Sony India merger talks stall over disagreement on leadership – Mint

Zee-Sony India merger talks stall over disagreement on leadership – Mint

Zee Entertainment and SONY logos are displayed in this illustration taken, September 1, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing Rights BENGALURU, Nov 10 (Reuters) – Talks of a merger between India’s Zee Entertainment Enterprises (ZEE.NS) and Japan’s Sony’s (6758.T) Indian arm have stalled after a clash on which company’s top executive will run the merged entity, … Read more