Author: dev
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Powell says Fed marking time to see economic impact of Trump policies
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(Reuters) -The U.S. central bank will be in no rush to cut interest rates while it waits for…
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Elon Musk’s xAI buys new property in Memphis amid supercomputer expansion
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(Reuters) – Elon Musk-owned artificial intelligence firm xAI has bought a 1-million-square-foot property in Southwest Memphis, Tennessee, the…
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Pentagon software buying process shifts towards more access
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By Mike Stone WASHINGTON (Reuters) – The U.S. Department of Defense is shifting how it buys software eyeing…
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Trump’s shipbuilding plan could upend ocean cargo industry, companies warn
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By Lisa Baertlein LOS ANGELES (Reuters) – President Donald Trump’s plan to revitalize the U.S. shipping industry could…
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Broadcom forecasts strong second quarter on upbeat AI chip demand
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By Zaheer Kachwala (Reuters) – Broadcom forecast second-quarter revenue above Wall Street expectations on strong demand for its…
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Marvell’s shares end worst day in 24 years as tepid revenue forecast reignites AI spending fears
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By Arsheeya Bajwa (Reuters) -Marvell Technology’s shares closed down 19.8%, marking their worst day in more than two…
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Trump hails $20 billion investment by shipping firm CMA CGM
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WASHINGTON (Reuters) – U.S. President Donald Trump on Thursday said French-based shipping firm CMA CGM would invest $20…
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Walgreens to be taken private by Sycamore in $10 billion deal
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By Sabrina Valle and Abigail Summerville (Reuters) -Walgreens Boots Alliance will be taken private by Sycamore Partners for…
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Exclusive-US Marshals providing security to health secretary Kennedy, email shows
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By Sarah N. Lynch WASHINGTON (Reuters) – The U.S. Marshals Service is providing security to Health and Human…
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Adobe Earnings Preview: Will AI Drive the Next Growth Phase or Weigh on Expectations?
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Adobe Inc. (NASDAQ: ADBE) is set to report its fiscal Q1 2025 earnings on March 12, after market close,…
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