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Reddit targets up to $6.4 billion valuation in much-awaited US IPO FILE PHOTO: Illustration shows Reddit logo
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Reddit targets up to $6.4 billion valuation in much-awaited US IPO

Stock Focus Report March 11, 2024
By Niket Nishant, Manya Saini and Echo Wang (Reuters) – Reddit is aiming for a valuation of...
Read More Read more about Reddit targets up to $6.4 billion valuation in much-awaited US IPO
Elon Musk takes another swing at OpenAI, makes xAI’s Grok chatbot open-source Illustration shows xAI Grok chatbot and ChatGPT
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Elon Musk takes another swing at OpenAI, makes xAI’s Grok chatbot open-source

Stock Focus Report March 11, 2024
(Reuters) – Elon Musk said on Monday his artificial intelligence startup xAI would open-source its ChatGPT challenger...
Read More Read more about Elon Musk takes another swing at OpenAI, makes xAI’s Grok chatbot open-source
Nvidia is sued by authors over AI use of copyrighted works FILE PHOTO: The logo of technology company Nvidia is seen
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Nvidia is sued by authors over AI use of copyrighted works

Stock Focus Report March 11, 2024
By Jonathan Stempel (Reuters) – Nvidia, whose chips power artificial intelligence, has been sued by three authors...
Read More Read more about Nvidia is sued by authors over AI use of copyrighted works
Alaska Airlines cooperates with DOJ in Boeing 737 MAX blowout probe FILE PHOTO: The fuselage plug area of Alaska Airlines Flight
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Alaska Airlines cooperates with DOJ in Boeing 737 MAX blowout probe

Stock Focus Report March 11, 2024
(Reuters) -Alaska Airlines said on Saturday it is cooperating with the U.S. Department of Justice after a...
Read More Read more about Alaska Airlines cooperates with DOJ in Boeing 737 MAX blowout probe
US FDA approves Novo Nordisk’s Wegovy for lowering heart risks Boxes of Wegovy lie beside a packaging line at Novo
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US FDA approves Novo Nordisk’s Wegovy for lowering heart risks

Stock Focus Report March 11, 2024
By Patrick Wingrove and Sriparna Roy (Reuters) -The U.S. Food and Drug Administration approved Novo Nordisk’s weight-loss...
Read More Read more about US FDA approves Novo Nordisk’s Wegovy for lowering heart risks
Packaging billionaires to help fund Trump campaign, FT reports FILE PHOTO: Former U.S. President Trump holds a watch party
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Packaging billionaires to help fund Trump campaign, FT reports

Stock Focus Report March 9, 2024
WASHINGTON (Reuters) – Conservative billionaires Liz and Dick Uihlein will help fund Donald Trump’s campaign, giving the...
Read More Read more about Packaging billionaires to help fund Trump campaign, FT reports
US Senate passes spending bill, averts imminent shutdown U.S. Capitol building as the partial government shutdown looms in
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US Senate passes spending bill, averts imminent shutdown

Stock Focus Report March 9, 2024
By Richard Cowan and David Morgan WASHINGTON (Reuters) -The U.S. Senate narrowly averted a partial government shutdown...
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Petrobras shares plunge on axed dividend as Brazil pushes more investment FILE PHOTO: A logo of Brazil's state-run Petrobras oil company
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Petrobras shares plunge on axed dividend as Brazil pushes more investment

Stock Focus Report March 9, 2024
By Lisandra Paraguassu, Marta Nogueira and Fabio Teixeira BRASILIA/RIO DE JANEIRO (Reuters) -Brazil’s government will push state-run...
Read More Read more about Petrobras shares plunge on axed dividend as Brazil pushes more investment
Costco stock closes for worst day in nearly two years on quarterly revenue miss The spread of the coronavirus disease (COVID-19) in Pennsylvania
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Costco stock closes for worst day in nearly two years on quarterly revenue miss

Stock Focus Report March 8, 2024
By Ananya Mariam Rajesh (Reuters) -Costco’s shares closed down 7.6% on Friday for its worst day since...
Read More Read more about Costco stock closes for worst day in nearly two years on quarterly revenue miss
TikTok divestment bill would give government stronger legal position, US DOJ says FILE PHOTO: TikTok office buildng shown in California
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TikTok divestment bill would give government stronger legal position, US DOJ says

Stock Focus Report March 8, 2024
By David Shepardson WASHINGTON (Reuters) -The U.S. government would be in a stronger legal position if lawmakers...
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