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Micron hits record high as AI demand powers strong forecast FILE PHOTO: Illustration shows Micron logo
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Micron hits record high as AI demand powers strong forecast

Stock Focus Report March 21, 2024
By Medha Singh and Aditya Soni (Reuters) – Memory chipmaker Micron Technology surged to a record high...
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Reddit prices IPO at top of indicated range to raise $748 million FILE PHOTO: Reddit logos are seen displayed in this illustration
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Reddit prices IPO at top of indicated range to raise $748 million

Stock Focus Report March 21, 2024
By Echo Wang and Anirban Sen (Reuters) -Social media platform Reddit priced its initial public offering at...
Read More Read more about Reddit prices IPO at top of indicated range to raise $748 million
Chipmaker Micron’s shares surge as AI boom drives strong forecast FILE PHOTO: Illustration shows Micron logo
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Chipmaker Micron’s shares surge as AI boom drives strong forecast

Stock Focus Report March 20, 2024
By Arsheeya Bajwa and Harshita Mary Varghese (Reuters) -Memory chip maker Micron Technology tapped a surge in...
Read More Read more about Chipmaker Micron’s shares surge as AI boom drives strong forecast
Shell sells stake in SouthCoast Wind Energy to Ocean Winds North America A view shows a logo of Shell petrol station in
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Shell sells stake in SouthCoast Wind Energy to Ocean Winds North America

Stock Focus Report March 20, 2024
(Reuters) – Energy firm Shell said on Wednesday it had sold its 50% stake in SouthCoast Wind...
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Biden awards $19.5 billion in grants and loans to Intel to boost US chip output U.S. President Joe Biden tours the Intel Ocotillo Campus, in
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Biden awards $19.5 billion in grants and loans to Intel to boost US chip output

Stock Focus Report March 20, 2024
By Jeff Mason and Alexandra Alper CHANDLER, Arizona (Reuters) -President Joe Biden awarded Intel nearly $20 billion...
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Nordstrom, Macy’s deals could put private ownership back in vogue for US retailers FILE PHOTO: The Nordstrom store is pictured in Broomfield
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Nordstrom, Macy’s deals could put private ownership back in vogue for US retailers

Stock Focus Report March 20, 2024
By Katherine Masters and Abigail Summerville NEW YORK (Reuters) -America’s biggest publicly traded department store chains could...
Read More Read more about Nordstrom, Macy’s deals could put private ownership back in vogue for US retailers
Meta expects first shipments of new Nvidia chips later this year FILE PHOTO: Illustration shows NVIDIA logo
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Meta expects first shipments of new Nvidia chips later this year

Stock Focus Report March 19, 2024
NEW YORK (Reuters) – Facebook owner Meta Platforms expects to receive initial shipments of Nvidia’s new flagship...
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Super Micro dips as AI server maker looks to sell shares FILE PHOTO: COMPUTEX Taipei technology trade show in Taipei
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Super Micro dips as AI server maker looks to sell shares

Stock Focus Report March 19, 2024
(Reuters) -Super Micro Computer said on Tuesday it will sell 2 million shares that could fetch around...
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IPO-bound Reddit discloses patent infringement complaint from Nokia FILE PHOTO: Reddit app is seen on a smartphone in
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IPO-bound Reddit discloses patent infringement complaint from Nokia

Stock Focus Report March 19, 2024
By Niket Nishant (Reuters) -Reddit is evaluating a letter from Nokia Technologies alleging it infringed some of...
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Berkshire Hathaway speeds up stock buybacks FILE PHOTO: Trading information and logo for Berkshire Hathaway is
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Berkshire Hathaway speeds up stock buybacks

Stock Focus Report March 18, 2024
(Reuters) – Berkshire Hathaway has increased its pace of repurchasing its own shares, a sign that longtime...
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Musk criticizes Trump tax bill: can’t be both big and beautiful

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