China’s Huawei develops new AI chip, seeking to match Nvidia, WSJ reports
Daily Trader Insights (Reuters) -China’s Huawei Technologies is preparing to test its newest and most powerful artificial-intelligence processor,...
Business
Nike sued over closure of crypto business
By Jonathan Stempel NEW YORK (Reuters) -Nike was sued on Friday by purchasers of Nike-themed...
Elon Musk’s xAI Holdings in talks to raise $20 billion from investors, Bloomberg News reports
(Reuters) -Elon Musk’s xAI Holdings is in talks with investors to raise roughly $20 billion...
China’s Xi calls for self sufficiency in AI development amid U.S. rivalry
By James Pomfret and Summer Zhen HONG KONG (Reuters) -China’s President Xi Jinping pledged “self-reliance...
Nike seeks brand boost in shoe science for Kipyegon’s 4-minute mile bid
By Nicholas P. Brown (Reuters) – At a time when its knack for innovation is...
Explainer-What happens to Apple and Meta after the EU fine?
By Supantha Mukherjee STOCKHOLM (Reuters) -European Union antitrust regulators on Wednesday fined Apple 500 million...
US crude stockpiles post surprise build as imports jump, EIA says
By Stephanie Kelly NEW YORK (Reuters) -U.S. crude oil stockpiles rose unexpectedly last week as...
Gold’s record run gains further traction; market conquers $3,500/oz
By Ashitha Shivaprasad and Anjana Anil (Reuters) -Gold’s remarkable run higher is reaching new heights, with...
GE Aerospace CEO Culp advocates tariff-free regime for aviation industry
By Rajesh Kumar Singh CHICAGO (Reuters) -GE Aerospace CEO Larry Culp said on Tuesday he...
Reddit back up after outage affecting thousands of users worldwide
(Reuters) -Social media platform Reddit was restored after thousands of users worldwide experienced outages on...