The tech giant misjudged how fast spending is shifting from software to chips and servers sending shares down 25%. Boss ...
Profits at the big combined retail and investment banks rose up to 45% in the second quarter. JPMorgan gleaned $29 bln ...
Bot attacks on companies and critical infrastructure are surging. The push for AI adoption inadvertently opens new back ...
Oil rose to $86 a barrel after the American president threatened a 20% levy on cargoes transiting the Strait. The US once ruled out such fees entirely. Accepting the principle of tolls makes it ...
About 20% of firms that fund startups, such as Sequoia and a16z, are in line for windfalls if OpenAI and Anthropic follow SpaceX's $2 trln market debut. Without those bumper returns, the rest ...
HONG KONG, July 13 (Reuters Breakingviews) - After a plunge in the $877 bln AI memory chip maker's Seoul stock, its new US paper is at a 36% premium, nearly double TSMC's offshore bump. SK Hynix ...
Vast computing costs have pushed AI innovation from academia to firms. Businesses funded 32% of US basic research in 2024 ...
Raising onshore access to Hong Kong-traded debt by 60% to $118 bln aligns with Beijing’s aim to limit capital outflows to ...
The French giant may crystallise a 38% return on its 15-year-old investment in SBI Funds as the owner of India's largest mutual fund goes public. It validates a long gamble on the country's savers ...
Despite renewed hostilities in the Strait of Hormuz, investors remain obsessed with artificial intelligence. This week’s ...
WASHINGTON, July 10 (Reuters Breakingviews) - The US squad led by Tim Ream crashed out, but the tournament’s hosts can take some comfort. Yes, $13 bln in sponsorship and TV revenue goes to FIFA while ...
LONDON, July 10 (Reuters Breakingviews) - The US giant trumped Castlelake with a £5.7 bln proposal. It’s a slim bump, but Apollo is ahead on the non-financial side too. It has airline-owning ...
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