Megacaps rally pushes S&P 500 to first close above 5,000 milestone
By Sinéad Carew and Sruthi Shankar (Reuters) -S&P 500 closed above 5,000 for the first time on Friday and Nasdaq…
Day: February 9, 2024
Apple to settle trade secrets lawsuit against chip startup Rivos
By Blake Brittain (Reuters) – Apple plans to settle a lawsuit that accused tech startup Rivos of stealing its trade…
Exclusive-Nvidia pursues $30 billion custom chip opportunity with new unit -sources
By Max A. Cherney and Stephen Nellis SAN FRANCISCO (Reuters) -Nvidia is building a new business unit focused on designing…
NY attorney general expands crypto lawsuit, sees $3 billion fraud
By Jonathan Stempel and Dietrich Knauth NEW YORK (Reuters) -New York Attorney General Letitia James on Friday expanded her lawsuit…
S&P 500 Q4 2023 earnings growth now seen at 9% year over year -LSEG
By Caroline Valetkevitch NEW YORK (Reuters) – With results in from about two-thirds of companies, fourth-quarter 2023 S&P 500 earnings…
Moderna, Bayer-backed Metagenomi stock drops 32% on Nasdaq debut
(Reuters) – Shares of Metagenomi Technologies, a genetic medicines company backed by Bayer Healthcare and Moderna, slumped 32% in their…
Amazon steers consumers to higher-priced items, lawsuit claims
By Jonathan Stempel (Reuters) – Amazon.com was sued in a proposed U.S. class action accusing the online retailer of violating…
Disney harnesses AI to drive streaming ad technology
By Dawn Chmielewski (Reuters) -Walt Disney is harnessing artificial intelligence to power a new advertising tool that will help brands…