Microsoft-OpenAI deal set to dodge formal EU merger probe, sources say
Daily Trader Insights By Foo Yun Chee and Yuvraj Malik (Reuters) -EU antitrust regulators have concluded that Microsoft’s...
Daily Trader Insights
NY Fed sees more time needed to shrink central bank holdings
By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve’s effort to contract its...
Google lays off employees, shifts some roles abroad amid cost cuts
(Reuters) – Alphabet-owned Google is laying off an unspecified number of employees, a company spokesperson...
Apple supplier Foxconn introduces rotating CEO role
TAIPEI (Reuters) – Taiwan’s Foxconn has this month started a rotating chief executive system in...
Trump Media shares tank after filing shows more stock may be sold
By Echo Wang (Reuters) -Shares of Donald Trump’s social media company slumped 18% on Monday,...
AMD introduces AI chips for business laptops and desktops
(Reuters) -Advanced Micro Devices unveiled a new series of semiconductors for artificial intelligence-enabled business laptops...
Morgan Stanley profit beats estimates with higher investment banking, wealth revenue
By Tatiana Bautzer and Manya Saini (Reuters) -Morgan Stanley’s first-quarter profit beat estimates on Tuesday,...
Wall Street bosses cheer investment banking gains but stay cautious
By Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) – Wall Street’s bosses are finally...
Walmart-backed Ibotta looks to raise $551 million in upsized US IPO
(Reuters) -Ibotta, the digital marketing company backed by Walmart, said on Tuesday it was looking...
Adobe explores OpenAI partnership as it adds AI video tools
By Stephen Nellis SAN FRANCISCO (Reuters) -Adobe is in the early stages of allowing third-party...