WASHINGTON, Jan 28 (Reuters) – The U.S. has a strong dollar policy and that means setting the right fundamentals, U.S.…
Videogame stocks slide on Google’s AI model that turns prompts into playable worlds
By Zaheer Kachwala Jan 30 (Reuters) – Shares of videogame companies fell sharply in afternoon trading on Friday after Alphabet’s…
Peloton cuts 11% of staff, including from engineering teams, Bloomberg News reports
Jan 30 (Reuters) – Peloton Interactive has cut 11% of its employees as it aims to reduce costs amid turnaround…
US SEC overhauls board of US accounting watchdog
By Chris Prentice NEW YORK, Jan 30 (Reuters) – The U.S. Securities and Exchange Commission on Friday tapped new board…
ArcelorMittal makes $2 billion claim against Italy in steel plant row
ROME, Jan 29 (Reuters) – Multinational steelmaker ArcelorMittal, the former owner of Italian steel firm Acciaierie d’Italia (ADI), said on…
AI development is biggest economic growth driver, Blackstone says
Jan 29 (Reuters) – Investment in developing artificial intelligence is the biggest driver of economic growth in the United States…
Apple acquires audio AI startup Q.ai
SAN FRANCISCO, Jan 29 (Reuters) – Apple on Thursday said it has acquired Q.ai, an Israeli startup working on artificial…
Wall Street slides to over one-week low as Big Tech’s soaring AI budgets trigger flight
By Pranav Kashyap and Twesha Dikshit Jan 29 (Reuters) – Wall Street’s main indexes slid to over one-week lows on…
Fed crisis tool could be weaponised, Harvard economist says
LONDON, Jan 28 (Reuters) – A key tool used by the U.S. central bank to stabilise global financial markets in…
Chipmaker shares gain as AI data center demand wave widens beyond Nvidia
By Akriti Shah Jan 28 (Reuters) – Shares of chipmakers rallied on Wednesday, boosted by surging demand for AI data…