Salesforce plummets as weak forecast sparks concerns of AI competition
Daily Trader Insights By Kanchana Chakravarty and Arsheeya Bajwa (Reuters) -Salesforce shares slumped about 18% on Thursday, after...
Business
Meta identifies networks pushing deceptive content likely generated by AI
NEW YORK (Reuters) – Meta said on Wednesday it had found “likely AI-generated” content used...
Musk’s $56 billion pay package opposed by CalPERS CEO, CNBC reports
(Reuters) -The California Public Employees Retirement System (CalPERS) CEO Marcie Frost is planning to oppose...
Visa, Mastercard to pay $197 million to settle consumer ATM fee lawsuit
By Mike Scarcella (Reuters) – Visa and Mastercard have agreed to pay $197 million to...
ConocoPhillips to buy Marathon Oil for $22.5 billion in latest energy merger
(Reuters) -ConocoPhillips on Wednesday agreed to buy Marathon Oil in a $22.5 billion all-stock deal,...
Siemens Energy’s Gamesa to cut 4,100 jobs, CEO says in staff letter
FRANKFURT (Reuters) -Siemens Energy’s wind turbine division Siemens Gamesa is planning to cut 4,100 jobs,...
AI darling Nvidia’s market value surges closer to Apple
By Zaheer Kachwala (Reuters) – Nvidia’s shares rallied around 6% to hit a record high...
Samsung encouraged to invest more in China, Premier Li Qiang says
BEIJING (Reuters) – Chinese Premier Li Qiang told Samsung Chairman Jay Y. Lee on Sunday...
JPMorgan to pay $100 million over CFTC trade reporting violations
(Reuters) -JPMorgan Chase & Co will pay $100 million and admit it broke U.S. Commodity...
GameStop surges after fetching $933 million from stock sale
(Reuters) -GameStop made nearly $933.4 million by selling 45 million shares, the struggling videogame retailer...