Tag: Updated
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Block outlook tops earnings estimates, boosting shares 12%
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By Hannah Lang (Reuters) -Shares in Jack Dorsey-led Block surged 12% on Thursday after the payments firm forecast…
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Head of Boeing’s 737 MAX program leaves after mid-air incident
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By David Shepardson WASHINGTON (Reuters) -Boeing said on Wednesday it was replacing the head of its troubled 737…
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Biden administration cancels another $1.2 billion of student loan debt
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By Trevor Hunnicutt and Jeff Mason CULVER CITY, California/WASHINGTON (Reuters) -President Joe Biden said on Wednesday his administration…
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Rivian, Lucid’s 2024 production targets disappoint as EV demand wanes
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By Akash Sriram and Abhirup Roy (Reuters) -Electric vehicle startups Rivian and Lucid forecast 2024 production well below…
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Amazon to replace Walgreens in Dow Jones Industrial Average
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By Noel Randewich and Caroline Valetkevitch (Reuters) -Amazon is set to join the Dow Jones Industrial Average, replacing…
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Neuralink’s first human patient able to control mouse through thinking, Musk says
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(Reuters) – The first human patient implanted with a brain-chip from Neuralink appears to have fully recovered and…
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Nvidia’s surging growth may still disappoint some investors
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By Arsheeya Bajwa (Reuters) -Nvidia is set to post a more than three-fold surge in its fourth-quarter revenue…
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Microsoft develops AI server gear to lessen reliance on Nvidia, The Information reports
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(Reuters) -Microsoft is developing a new network card that could improve the performance of its Maia AI server…
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Capital One to buy Discover Financial in $35.3 billion all-stock deal
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By Anirban Sen and Michelle Price NEW YORK/WASHINGTON (Reuters) -Warren Buffett-backed U.S. consumer bank Capital One plans to…
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US awards $1.5 billion to GlobalFoundries for semiconductor production
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By Doina Chiacu and David Shepardson WASHINGTON (Reuters) -The U.S. government is awarding $1.5 billion to GlobalFoundries to…
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