Explainer-Why are Nvidia’s shares soaring and what is its role in the AI boom?
(Reuters) – Chip designer Nvidia (NASDAQ:NVDA) closed Tuesday with a trillion-dollar market value for the first time, part of a…
Volkswagen passenger cars targeting 10 billion euros higher earnings via cost cuts
(Reuters) – Volkswagen (ETR:VOWG_p)’s passenger car brand aims to increase earnings by around 10 billion euros ($10.82 billion) by 2026…
Toyota shareholders vote down climate resolution, show support for management
Toyota (NYSE:TM) shareholders handed the Japanese company a win at their shareholder’s meeting today when investors voted down a resolution…
Bernstein skeptical on Home Depot new initiatives
Home Depot (NYSE:HD) shares are up around 0.3% Wednesday, a day after the company held its 2023 Investor & Analyst…
Factbox-Vodafone, Hutchison UK merger to create country’s largest mobile operator
(Reuters) – Vodafone (NASDAQ:VOD) and CK Hutchison unveiled the merger of their British operations, creating the country’s largest mobile operator.…
Google faces EU break-up order over anti-competitive adtech practices
(Reuters) – Alphabet’s Google (NASDAQ:GOOGL) was charged by EU antitrust regulators with anti-competitive practices in its digital advertising business on…
Dow futures slip; Fed decision, Microsoft/Activision merger in focus
U.S. stock futures traded in a mixed fashion Wednesday, with investors cautious ahead of the latest Federal Reserve policy decision.…
Deutsche Bank hires senior dealmakers from rivals – memo
(Reuters) – Deutsche Bank (ETR:DBKGn) has added three senior dealmakers to its team of bankers advising other financial institutions, such…
Dollar eases as traders gear up for Fed skip
(Reuters) – The dollar hovered around multi-week lows against the euro and sterling on Wednesday, after unexpectedly soft U.S. inflation…
Oil rises as market awaits Fed interest rate decision
(Reuters) – Oil prices rose on Wednesday as investors awaited the outcome of the U.S. Federal Reserve’s June meeting after…