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Day: October 17, 2024

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ECB lowers rates and eyes more cuts as economy sags

October 17, 2024

By Francesco Canepa and Balazs Koranyi (Reuters) – The European Central Bank cut interest rates on Thursday for the third…

Business

Nvidia hits record high as chip stocks rally on TSMC’s rosy AI-powered outlook

October 17, 2024

(Reuters) -Shares of Nvidia hit a record high amid a rally in U.S. chip stocks on Thursday after industry bellwether…

Business

Google shifts Gemini app team to DeepMind

October 17, 2024

(Reuters) – Alphabet’s Google said on Thursday it will move the team behind the Gemini app to its artificial intelligence…

Economy

Snap-On misses quarterly sales estimates on lower tool demand

October 17, 2024

(Reuters) – Snap-On posted a lower-than-expected third-quarter sales on Thursday, as inflationary pressures weighed on demand in the tools segment.…

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