IBM to cut thousands of jobs in fourth quarter amid software focus
Daily Trader Insights (Reuters) -IBM will cut roles this quarter, the company said on Tuesday, potentially impacting thousands...
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Microsoft to invest over $15 billion in UAE, secures US export licenses for Nvidia chips
By Federico Maccioni ABU DHABI (Reuters) -Microsoft will invest over $15 billion in the United...
Buffett-owned utility warns of strained liquidity from wildfire trials
By Jonathan Stempel (Reuters) -A utility owned by Warren Buffett’s Berkshire Hathaway warned on Monday...
Verizon, AWS expand tie up with new fiber network to power AI applications
(Reuters) -Verizon announced a deal with Amazon Web Services on Monday to build high-capacity fiber...
Fed’s Daly says she backed latest rate cut, open to another one in December
By Ann Saphir (Reuters) -San Francisco Federal Reserve President Mary Daly on Monday said she...
Nvidia CEO hopes Blackwell chips can be sold in China but says decision up to Trump
By Eduardo Baptista and Ju-min Park GYEONGJU, South Korea (Reuters) -Nvidia CEO Jensen Huang said...
Data storage firms Western Digital, Seagate soar on AI-driven demand spike
By Shashwat Chauhan (Reuters) -Shares of data storage companies such as Seagate and Western Digital...
Investors piled into equity funds ahead of Fed rate cut, US-China trade deal
(Reuters) -Global equity funds attracted massive investments in the week to October 29 ahead of...
Buffett to issue letter to children and shareholders, hand off annual letter to Abel, WSJ says
(Reuters) -Warren Buffett will release a letter to his three children and Berkshire Hathaway shareholders...
AI boom drives trillion-dollar tech valuations and record bets on chipmakers
(Reuters) -Top technology companies hit fresh valuation milestones in October, as their shares climbed on...