NYSE glitch sparks volatility in dozens of stocks
By Arasu Kannagi Basil and Sinéad Carew (Reuters) -A glitch at the New York Stock Exchange triggered massive swings in the shares of Berkshire Hathaway and Barrick Gold, and trading…
AMD launches new AI chips to take on leader Nvidia
By Arsheeya Bajwa TAIPEI (Reuters) – Advanced Micro Devices unveiled its latest artificial intelligence processors on Monday and detailed its plan to develop AI chips over the next two years…
Hedge funds ditch shares as bullish bets hurt performance, says Morgan Stanley
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds dumped equities last week, in a painful week for their portfolios as the U.S. main indexes fell and hit their…
American Airlines would consider new JetBlue venture if it wins appeal
By David Shepardson WASHINGTON (Reuters) – American Airlines told an appeals court Monday would consider a new arrangement with JetBlue Airways if it wins a ruling reversing a May 2023…
OPEC+ seen prolonging oil cuts in 2024 and into 2025, two sources say
By Ahmad Ghaddar, Alex Lawler and Maha El Dahan LONDON/DUBAI (Reuters) -OPEC+ will likely agree on Sunday to prolong its deep oil output cuts into 2024 and possibly 2025, two…
Investors flock to Aramco share sale that could raise $13 billion
By Yousef Saba, Hadeel Al Sayegh and Maha El Dahan DUBAI (Reuters) -Saudi Arabia’s sale of shares in oil giant Aramco drew more demand than the stock on offer within…
Dell shares slump as heavy AI investments expected to dent margin
(Reuters) – Dell Technologies shares tumbled about 14% in premarket trading on Friday, as the PC and server maker expects sizeable AI investments to dent its quarterly profit. Dell is…
Trend Micro taps Nvidia software tools for AI cybersecurity offering
By Stephen Nellis (Reuters) – Trend Micro on Sunday said it is working with Nvidia to create new cybersecurity tools that use artificial intelligence and are designed to protect the…
Explainer-What S&P’s ratings downgrade means for France
By Leigh Thomas PARIS (Reuters) – Standard & Poor’s (S&P) decision to downgrade its rating on France’s sovereign debt should in the short term deliver more political sting than pain…
India election 2024: What next after voting ends?
(This May 30 story has been corrected to say 0230 GMT, not 0000 GMT, in paragraph 5) (Reuters) – The winners of India’s April 19-June 1 general election are expected…