Tag: Updated
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Reddit shares end trading up 48% in market debut
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By Niket Nishant and Echo Wang (Reuters) – Social media platform Reddit’s shares ended their first day of…
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Senator Warren urges SEC to investigate Tesla over board independence
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(Reuters) -U.S. Senator Elizabeth Warren in a letter on Thursday urged the Securities and Exchange Commission to investigate…
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Micron hits record high as AI demand powers strong forecast
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By Medha Singh and Aditya Soni (Reuters) – Memory chipmaker Micron Technology surged to a record high on…
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Reddit prices IPO at top of indicated range to raise $748 million
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By Echo Wang and Anirban Sen (Reuters) -Social media platform Reddit priced its initial public offering at the…
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Chipmaker Micron’s shares surge as AI boom drives strong forecast
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By Arsheeya Bajwa and Harshita Mary Varghese (Reuters) -Memory chip maker Micron Technology tapped a surge in artificial…
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Shell sells stake in SouthCoast Wind Energy to Ocean Winds North America
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(Reuters) – Energy firm Shell said on Wednesday it had sold its 50% stake in SouthCoast Wind Energy,…
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Biden awards $19.5 billion in grants and loans to Intel to boost US chip output
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By Jeff Mason and Alexandra Alper CHANDLER, Arizona (Reuters) -President Joe Biden awarded Intel nearly $20 billion in…
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Nordstrom, Macy’s deals could put private ownership back in vogue for US retailers
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By Katherine Masters and Abigail Summerville NEW YORK (Reuters) -America’s biggest publicly traded department store chains could be…
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Meta expects first shipments of new Nvidia chips later this year
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NEW YORK (Reuters) – Facebook owner Meta Platforms expects to receive initial shipments of Nvidia’s new flagship artificial…
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Super Micro dips as AI server maker looks to sell shares
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(Reuters) -Super Micro Computer said on Tuesday it will sell 2 million shares that could fetch around $2…
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