Business

Dell shares slump as heavy AI investments expected to dent margin

• Business

Dell shares slump as heavy AI investments expected to dent margin

Stock Focus Report June 2, 2024

(Reuters) – Dell Technologies shares tumbled about 14% in premarket trading on Friday, as the PC and...

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Investors flock to Aramco share sale that could raise $13 billion

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Investors flock to Aramco share sale that could raise $13 billion

Stock Focus Report June 2, 2024

By Yousef Saba, Hadeel Al Sayegh and Maha El Dahan DUBAI (Reuters) -Saudi Arabia’s sale of shares...

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Trend Micro taps Nvidia software tools for AI cybersecurity offering

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Trend Micro taps Nvidia software tools for AI cybersecurity offering

Stock Focus Report June 2, 2024

By Stephen Nellis (Reuters) – Trend Micro on Sunday said it is working with Nvidia to create...

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Tesla shareholder sues Musk for alleged $7.5 billion insider trading

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Tesla shareholder sues Musk for alleged $7.5 billion insider trading

Stock Focus Report June 1, 2024

(Reuters) – A Tesla shareholder filed a lawsuit on Thursday accusing CEO Elon Musk of insider trading...

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Delta Air Lines committed to Boeing MAX 10, doesn’t expect delivery soon

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Delta Air Lines committed to Boeing MAX 10, doesn’t expect delivery soon

Stock Focus Report June 1, 2024

By Lisa Barrington DUBAI (Reuters) – Delta Air Lines is still committed to the Boeing 737 MAX...

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Tesla to recall 125,227 vehicles over faulty seat belt warning system

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Tesla to recall 125,227 vehicles over faulty seat belt warning system

Stock Focus Report May 31, 2024

(Reuters) -Tesla is recalling 125,227 vehicles in the United States due to a malfunction in its seat...

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Skydance sweetens offer for Paramount Global, source says

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Skydance sweetens offer for Paramount Global, source says

Stock Focus Report May 30, 2024

By Dawn Chmielewski (Reuters) -Skydance Media has submitted a sweetened offer for Paramount Global, according to a...

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Salesforce plummets as weak forecast sparks concerns of AI competition

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Salesforce plummets as weak forecast sparks concerns of AI competition

Stock Focus Report May 30, 2024

By Kanchana Chakravarty and Arsheeya Bajwa (Reuters) -Salesforce shares slumped about 18% on Thursday, after its lowest-ever...

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Exclusive-TikTok preparing a US copy of the app’s core algorithm, sources say

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Exclusive-TikTok preparing a US copy of the app’s core algorithm, sources say

Stock Focus Report May 30, 2024

By Krystal Hu and Sheila Dang (Reuters) – TikTok is working on a clone of its recommendation...

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Wall Street says shift to faster trade settlement smooth so far

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Wall Street says shift to faster trade settlement smooth so far

Stock Focus Report May 29, 2024

By Carolina Mandl and Davide Barbuscia NEW YORK (Reuters) -The Securities Industry and Financial Markets Association (Sifma)...

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