(Reuters) -Cash-strapped electric luxury sedan maker Lucid said on Thursday a combined public offering and private placement of roughly 637…
Snap-On misses quarterly sales estimates on lower tool demand
(Reuters) – Snap-On posted a lower-than-expected third-quarter sales on Thursday, as inflationary pressures weighed on demand in the tools segment.…
Google shifts Gemini app team to DeepMind
(Reuters) – Alphabet’s Google said on Thursday it will move the team behind the Gemini app to its artificial intelligence…
Nvidia hits record high as chip stocks rally on TSMC’s rosy AI-powered outlook
(Reuters) -Shares of Nvidia hit a record high amid a rally in U.S. chip stocks on Thursday after industry bellwether…
Exclusive-EU AI Act checker reveals Big Tech’s compliance pitfalls
By Martin Coulter LONDON (Reuters) – Some of the most prominent artificial intelligence models are falling short of European regulations…
Biden announces $425 million in military aid for Ukraine
WASHINGTON (Reuters) -U.S. President Joe Biden spoke to Ukrainian President Volodymyr Zelenskiy on Wednesday about efforts to surge security assistance…
Boeing closes in on $15 billion financing via stock, hybrid bonds
By Shankar Ramakrishnan, Echo Wang (Reuters) -Boeing is closing in on a plan to raise around $15 billion with common…
Amazon.com joins push for nuclear power to meet data center demand
By Timothy Gardner WASHINGTON (Reuters) – Amazon.com said on Wednesday it has signed three agreements on developing the nuclear power…
Factbox-2024 holiday shopping sales predictions
(Reuters) – U.S. retailers are gearing up for a shorter-than-usual holiday shopping window this year, with price-conscious shoppers focused on…
GlaxoSmithKline sues Moderna for US patent infringement over COVID vaccines
By Blake Brittain (Reuters) -British drugmaker GlaxoSmithKline sued Moderna in U.S. federal court in Delaware on Tuesday, accusing its American…