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Biden administration cancels another $1.2 billion of student loan debt U.S. President Biden delivers remarks at an event in Culver
  • Domestic

Biden administration cancels another $1.2 billion of student loan debt

Stock Focus Report February 22, 2024
By Trevor Hunnicutt and Jeff Mason CULVER CITY, California/WASHINGTON (Reuters) -President Joe Biden said on Wednesday his...
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Rivian, Lucid’s 2024 production targets disappoint as EV demand wanes Manufacturing expert tears down the Rivian electric truck
  • Business

Rivian, Lucid’s 2024 production targets disappoint as EV demand wanes

Stock Focus Report February 22, 2024
By Akash Sriram and Abhirup Roy (Reuters) -Electric vehicle startups Rivian and Lucid forecast 2024 production well...
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Nvidia stock surges after results, lifts other AI shares FILE PHOTO: NVIDIA HGX AI Supercomputer on display during the
  • Business

Nvidia stock surges after results, lifts other AI shares

Stock Focus Report February 21, 2024
(Reuters) – Nvidia added over $129 billion in stock market value late on Wednesday after the chipmaker’s...
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Amazon to replace Walgreens in Dow Jones Industrial Average FILE PHOTO: Media tour at the Amazon's Fulfillment center in
  • Business

Amazon to replace Walgreens in Dow Jones Industrial Average

Stock Focus Report February 21, 2024
By Noel Randewich and Caroline Valetkevitch (Reuters) -Amazon is set to join the Dow Jones Industrial Average,...
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Neuralink’s first human patient able to control mouse through thinking, Musk says FILE PHOTO: Illustration shows Neuralink logo and Elon Musk silhouette
  • Business

Neuralink’s first human patient able to control mouse through thinking, Musk says

Stock Focus Report February 20, 2024
(Reuters) – The first human patient implanted with a brain-chip from Neuralink appears to have fully recovered...
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Nvidia’s surging growth may still disappoint some investors FILE PHOTO: Illustration shows NVIDIA logo
  • Business

Nvidia’s surging growth may still disappoint some investors

Stock Focus Report February 20, 2024
By Arsheeya Bajwa (Reuters) -Nvidia is set to post a more than three-fold surge in its fourth-quarter...
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Microsoft develops AI server gear to lessen reliance on Nvidia, The Information reports Illustration shows Microsoft Corporation logo
  • Business

Microsoft develops AI server gear to lessen reliance on Nvidia, The Information reports

Stock Focus Report February 20, 2024
(Reuters) -Microsoft is developing a new network card that could improve the performance of its Maia AI...
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Capital One to buy Discover Financial in $35.3 billion all-stock deal The logo and ticker for Capital One are displayed on
  • Business

Capital One to buy Discover Financial in $35.3 billion all-stock deal

Stock Focus Report February 20, 2024
By Anirban Sen and Michelle Price NEW YORK/WASHINGTON (Reuters) -Warren Buffett-backed U.S. consumer bank Capital One plans...
Read More Read more about Capital One to buy Discover Financial in $35.3 billion all-stock deal
US awards $1.5 billion to GlobalFoundries for semiconductor production FILE PHOTO: A signage at U.S. chipmaker GlobalFoundries' new fabrication
  • Business

US awards $1.5 billion to GlobalFoundries for semiconductor production

Stock Focus Report February 19, 2024
By Doina Chiacu and David Shepardson WASHINGTON (Reuters) -The U.S. government is awarding $1.5 billion to GlobalFoundries...
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Oil gains marginally as demand jitters counter Middle East conflict Illustration shows toy soldiers and stock graph
  • Business

Oil gains marginally as demand jitters counter Middle East conflict

Stock Focus Report February 19, 2024
By Shariq Khan NEW YORK (Reuters) -Brent crude oil prices settled slightly higher in an abbreviated session...
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