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 ...
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 ...
Bot attacks on companies and critical infrastructure are surging. The push for AI adoption inadvertently opens new back ...
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 ...
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 ...
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 ...
BENGALURU, July 10 (Reuters Breakingviews) - The $78 bln IT services giant upped hiring at the fastest pace in three years in the June quarter and says rising AI token costs may drive work its way.
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 ...
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