AI stocks to leave big impact on Russell reconstitution
By Chuck Mikolajczak and Lewis Krauskopf NEW YORK (Reuters) – Investors are gearing up for the final reconstitution of the…
Month: June 2024
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US voters prefer Trump on economy, Biden on democracy, Reuters/Ipsos poll finds
By Jason Lange WASHINGTON (Reuters) – U.S. voters see Republican presidential candidate Donald Trump as the better candidate for the…
Electric-vehicle maker Rivian simplifies output, cuts costs, aiming for first profit
By Abhirup Roy NORMAL, Illinois (Reuters) -Electric-vehicle maker Rivian’s drive to cut costs and turn its first profit has removed…
AT&T wants Big Tech firms to pay into telecom and broadband subsidy fund
By David Shepardson WASHINGTON (Reuters) -AT&T CEO John Stankey said on Monday that Congress should give the Federal Communications Commission…
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Big US banks expected to be cautious on shareholder payouts after stress tests
By Pete Schroeder and Nupur Anand WASHINGTON (Reuters) – Big U.S. lenders are expected to show they have ample capital…
Macron warns podcast of ‘civil war’ risk as French elections loom
PARIS (Reuters) – French President Emmanuel Macron told a podcast episode shown on Monday that both the far right National…
OpenAI acquires database analytics firm Rockset
(Reuters) – Microsoft-backed OpenAI has acquired search and database analytics firm Rockset for an undisclosed sum, the ChatGPT maker said…
Apple to delay launch of AI-powered features in Europe, blames EU tech rules
By Foo Yun Chee BRUSSELS (Reuters) – Apple will delay launching three new artificial intelligence features because landmark European Union…
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Tesla tells judge that shareholder vote should reverse Musk pay ruling
By Tom Hals WILMINGTON, Delaware (Reuters) – A Delaware judge should recognize a vote by Tesla shareholders in favor of…
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Record high prices, rising mortgage rates dampen US home sales
By Lucia Mutikani WASHINGTON (Reuters) -U.S. existing home sales fell for a third straight month in May as record-high prices…