By Echo Wang (Reuters) – Media platform Reddit is eyeing a valuation of up to $6.5 billion in its initial…
Elon Musk sues OpenAI for abandoning original mission for profit
By Jahnavi Nidumolu, Aditya Soni and Sheila Dang (Reuters) -Billionaire entrepreneur Elon Musk has sued ChatGPT-maker OpenAI and its CEO,…
Boeing in early talks to buy supplier Spirit Aero
By Abhijith Ganapavaram, Allison Lampert and Valerie Insinna (Reuters) -Boeing said on Friday it was in preliminary talks to buy…
Nvidia closes with $2 trillion valuation as Dell stokes AI rally
By Noel Randewich (Reuters) -Nvidia’s stock market value closed above $2 trillion for the first time on Friday after an…
Salesforce sees annual revenue below estimates on weak cloud demand
By Zaheer Kachwala (Reuters) -Salesforce expanded its stock buyback program by $10 billion and announced a new dividend, but its…
Trump loses bid to pause $454.2 million judgment in NY civil fraud case
By Jonathan Stempel and Luc Cohen NEW YORK (Reuters) -Donald Trump on Wednesday lost a bid to pause a $454.2…
U.S. oil futures settle lower as Fed takes stock before cutting rates
By Georgina McCartney HOUSTON (Reuters) -U.S. crude oil futures settled lower on Wednesday after the Federal Reserve held firm on…
Dollar bounces before inflation data, bitcoin hits two-year high
By Karen Brettell NEW YORK (Reuters) -The dollar jumped against the euro and yen on Wednesday as investors positioned for…
OpenAI says New York Times ‘hacked’ ChatGPT to build copyright lawsuit
By Blake Brittain (Reuters) -OpenAI has asked a federal judge to dismiss parts of the New York Times’ copyright lawsuit…
US durable goods orders slump; business investment on equipment appears soft
By Lucia Mutikani WASHINGTON (Reuters) – Orders for long-lasting U.S. manufactured goods fell by the most in nearly four years…