Chip firms surge on hopes of strong AI-led demand
By Medha Singh and Purvi Agarwal (Reuters) -Shares of chipmakers jumped on Monday as Microsoft’s...
2025
Deere boosts bet on autonomous tractors with new machines
(Reuters) – Deere & Co strengthened its bet on autonomous machinery by unveiling new tractors...
AbbVie cuts 2024 profit forecast on acquisition expenses
(Reuters) – AbbVie lowered its 2024 adjusted profit forecast on Monday as the drugmaker incurred...
Stock picking hedge funds post highest average returns since 2020, says Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Global hedge funds taking long and short bets on...
Apple’s China troubles mount as foreign phone sales sink for 4th month
BEIJING (Reuters) – Shipments to China of foreign-branded smartphones, including Apple Inc’s iPhone, fell by...
Stocks rally after recent slump, dollar slips
By Chuck Mikolajczak NEW YORK (Reuters) -Global stocks rallied on Friday but stayed on track...
US winter storms could cause power outages, cut natgas supplies
By Scott DiSavino (Reuters) – Freezing weather and snow storms across the U.S. could cause...
European drinks group skid after US surgeon general calls for cancer warnings
(Reuters) – Shares in European spirits makers and brewers fell on Friday after the U.S....
Nvidia’s market value gets $2 trillion boost in 2024 on AI rally
(Reuters) – Nvidia emerged as the biggest global gainer in market capitalization for 2024, driven...