Year: 2024

Oracle tops quarterly profit estimates on AI demand, shares surge

• Business

Oracle tops quarterly profit estimates on AI demand, shares surge

Stock Focus Report March 11, 2024

By Harshita Mary Varghese (Reuters) -Oracle said on Monday it is set to make a joint announcement...

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Reddit targets up to $6.4 billion valuation in much-awaited US IPO

• Business

Reddit targets up to $6.4 billion valuation in much-awaited US IPO

Stock Focus Report March 11, 2024

By Niket Nishant, Manya Saini and Echo Wang (Reuters) – Reddit is aiming for a valuation of...

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Elon Musk takes another swing at OpenAI, makes xAI’s Grok chatbot open-source

• Business

Elon Musk takes another swing at OpenAI, makes xAI’s Grok chatbot open-source

Stock Focus Report March 11, 2024

(Reuters) – Elon Musk said on Monday his artificial intelligence startup xAI would open-source its ChatGPT challenger...

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Nvidia is sued by authors over AI use of copyrighted works

• Business

Nvidia is sued by authors over AI use of copyrighted works

Stock Focus Report March 11, 2024

By Jonathan Stempel (Reuters) – Nvidia, whose chips power artificial intelligence, has been sued by three authors...

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Alaska Airlines cooperates with DOJ in Boeing 737 MAX blowout probe

• Domestic

Alaska Airlines cooperates with DOJ in Boeing 737 MAX blowout probe

Stock Focus Report March 11, 2024

(Reuters) -Alaska Airlines said on Saturday it is cooperating with the U.S. Department of Justice after a...

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US FDA approves Novo Nordisk’s Wegovy for lowering heart risks

• Business

US FDA approves Novo Nordisk’s Wegovy for lowering heart risks

Stock Focus Report March 11, 2024

By Patrick Wingrove and Sriparna Roy (Reuters) -The U.S. Food and Drug Administration approved Novo Nordisk’s weight-loss...

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Packaging billionaires to help fund Trump campaign, FT reports

• Top News

Packaging billionaires to help fund Trump campaign, FT reports

Stock Focus Report March 9, 2024

WASHINGTON (Reuters) – Conservative billionaires Liz and Dick Uihlein will help fund Donald Trump’s campaign, giving the...

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US Senate passes spending bill, averts imminent shutdown

• Domestic

US Senate passes spending bill, averts imminent shutdown

Stock Focus Report March 9, 2024

By Richard Cowan and David Morgan WASHINGTON (Reuters) -The U.S. Senate narrowly averted a partial government shutdown...

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Petrobras shares plunge on axed dividend as Brazil pushes more investment

• Business

Petrobras shares plunge on axed dividend as Brazil pushes more investment

Stock Focus Report March 9, 2024

By Lisandra Paraguassu, Marta Nogueira and Fabio Teixeira BRASILIA/RIO DE JANEIRO (Reuters) -Brazil’s government will push state-run...

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Costco stock closes for worst day in nearly two years on quarterly revenue miss

• Business

Costco stock closes for worst day in nearly two years on quarterly revenue miss

Stock Focus Report March 8, 2024

By Ananya Mariam Rajesh (Reuters) -Costco’s shares closed down 7.6% on Friday for its worst day since...

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