Rivian receives $827 million in incentives to expand Illinois facility, shares jump
Daily Trader Insights (Reuters) -Rivian Automotive said on Thursday it has received $827 million in an incentive package...
Business
AMD, Super Micro spark chip selloff as earnings miss lofty AI expectations
By Harshita Mary Varghese (Reuters) -Advanced Micro Devices and Super Micro Computer led a selloff...
Apple set for big sales decline as investors await AI in iPhones
By Yuvraj Malik (Reuters) -Apple’s plan to add generative AI to its iPhones and revive...
Starbucks shares hit two-year low as China, US demand clouds outlook
By Juveria Tabassum (Reuters) – Shares of Starbucks fell 15% to their lowest in nearly...
Amazon results beat estimates, revenue forecast misses
By Greg Bensinger and Yuvraj Malik (Reuters) -Amazon.com reported quarterly results above Wall Street’s expectations...
‘Bitcoin Jesus’ arrested in Spain on US tax evasion charges
By Nate Raymond (Reuters) – An early investor in bitcoins dubbed the “Bitcoin Jesus” has...
Pinterest forecasts quarterly revenue above estimates, shares surge
By Jaspreet Singh (Reuters) -Pinterest forecast second-quarter revenue above Wall Street estimates on Tuesday, expecting...
Trump raises stake in his media firm to nearly 65%
(Reuters) – Donald Trump has raised his stake in the company that operates his social...
US regulators seize troubled lender Republic First, sell it to Fulton Bank
(Reuters) -U.S. regulators have seized Republic First Bancorp and agreed to sell it to Fulton...
Apple renews talks with OpenAI for iPhone generative AI features, Bloomberg News reports
(Reuters) -Apple Inc has renewed discussions with OpenAI about using the startup’s generative AI technology...