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Microsoft develops AI server gear to lessen reliance on Nvidia, The Information reports Illustration shows Microsoft Corporation logo
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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...
Read More Read more about Microsoft develops AI server gear to lessen reliance on Nvidia, The Information reports
Capital One to buy Discover Financial in $35.3 billion all-stock deal The logo and ticker for Capital One are displayed on
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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
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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
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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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China’s BYD plans to launch ‘high-end luxury’ models from this year German dealership Sternauto opens first BYD store in Berlin
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China’s BYD plans to launch ‘high-end luxury’ models from this year

Stock Focus Report February 19, 2024
BEIJING (Reuters) -China’s BYD plans to launch a number of “high-end luxury” models from this year, it...
Read More Read more about China’s BYD plans to launch ‘high-end luxury’ models from this year
Coinbase shares near two-year high as ETF euphoria boosts trading volume FILE PHOTO: Illustration shows smartphone with displayed Coinbase logo
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Coinbase shares near two-year high as ETF euphoria boosts trading volume

Stock Focus Report February 16, 2024
By Manya Saini and Niket Nishant (Reuters) -Coinbase Global shares jumped closer to a two-year high on...
Read More Read more about Coinbase shares near two-year high as ETF euphoria boosts trading volume
Roku tumbles as stiff competition from heavyweights dents outlook FILE PHOTO A video sign displays the logo for Roku
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Roku tumbles as stiff competition from heavyweights dents outlook

Stock Focus Report February 16, 2024
By Samrhitha A (Reuters) -Roku dropped nearly 20% on Friday after the streaming-service provider forecast a steeper-than-expected...
Read More Read more about Roku tumbles as stiff competition from heavyweights dents outlook
Air Canada raises 2024 core profit forecast on resilient international demand FILE PHOTO: Air Canada planes in Toronto
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Air Canada raises 2024 core profit forecast on resilient international demand

Stock Focus Report February 16, 2024
By Shivansh Tiwary and Allison Lampert (Reuters) -Air Canada on Friday lifted the forecast for its 2024...
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Elon Musk to seek district court review of order in SEC X case FILE PHOTO: Tesla CEO and X owner Elon Musk in
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Elon Musk to seek district court review of order in SEC X case

Stock Focus Report February 16, 2024
By Chris Prentice WASHINGTON (Reuters) -Elon Musk plans to ask a district court to review a U.S....
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US Federal Reserve releases scenarios for 2024 bank ‘stress tests’ FILE PHOTO: A street sign for Wall Street is seen
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US Federal Reserve releases scenarios for 2024 bank ‘stress tests’

Stock Focus Report February 15, 2024
By Michelle Price WASHINGTON (Reuters) – The U.S. Federal Reserve on Thursday released scenarios for its annual...
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