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Day: September 3, 2024

AI likely to weigh on oil prices over the next decade, Goldman says
Business

AI likely to weigh on oil prices over the next decade, Goldman says

September 3, 2024

(Reuters) – Artificial intelligence could hurt oil prices over the next decade by boosting supply by potentially reducing costs via…

Business

World stocks tiptoe, dollar holds as investors await US data

September 3, 2024

By Yoruk Bahceli and Tom Westbrook (Reuters) – World stocks steadied on Tuesday and the dollar remained near a two-week…

Nvidia and chip index tumble as investors pause AI rally
Business

Nvidia and chip index tumble as investors pause AI rally

September 3, 2024

By Noel Randewich (Reuters) – Shares of AI heavyweight Nvidia tumbled on Tuesday, with Wall Street’s chip index slumping 7%…

US gasoline slumps to near 3-year low on end of driving season, oil slump
Business

US gasoline slumps to near 3-year low on end of driving season, oil slump

September 3, 2024

By Shariq Khan NEW YORK (Reuters) – U.S. gasoline futures fell nearly 6% on Tuesday to their lowest since December…

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