AmEx quarterly profit exceeds expectations on cost control
Daily Trader Insights (Reuters) -American Express reported third-quarter profit above Wall Street estimates on Friday, benefiting from disciplined...
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Nvidia hits record high as chip stocks rally on TSMC’s rosy AI-powered outlook
(Reuters) -Shares of Nvidia hit a record high amid a rally in U.S. chip stocks...
After Nevada lithium deal, GM eyes other sources for EV minerals supply
By Ernest Scheyder (Reuters) – General Motors is eyeing further North American investments in lithium...
Amazon.com joins push for nuclear power to meet data center demand
By Timothy Gardner WASHINGTON (Reuters) – Amazon.com said on Wednesday it has signed three agreements...
GlaxoSmithKline sues Moderna for US patent infringement over COVID vaccines
By Blake Brittain (Reuters) -British drugmaker GlaxoSmithKline sued Moderna in U.S. federal court in Delaware...
ASML cuts sales forecasts in Q3 earnings published early; shares plummet
By Toby Sterling and Nathan Vifflin AMSTERDAM (Reuters) -Computer chip equipment maker ASML reported on...
Intel, AMD team up to confront rising challenge from Arm
By Stephen Nellis (Reuters) – Intel and Advanced Micro Devices on Tuesday said they are...
TSMC third-quarter profit seen jumping 40% on strong AI chip demand
By Ben Blanchard and Faith Hung TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co, the main...
SpaceX catches giant Starship booster in fifth flight test
(Reuters) -SpaceX on Sunday launched its fifth Starship test flight from Texas and returned the...
S&P 500 earnings to put investor focus on tech, AI
By Caroline Valetkevitch NEW YORK (Reuters) – Investors will be looking for evidence that investment...