Oil Rebounds From Two-Day Slump With Middle East Back in Focus
Oil rebounded with traders focused on Middle East tensions and tightening US crude stockpiles. West Texas Intermediate advanced 2.1% to…
Ford’s Shares Tumble After High Costs Pressure Profit Outlook
Ford Motor Co.’s shares fell after the company warned that earnings this year will be at the low end of…
OpenAI, Broadcom Working to Develop AI Inference Chip
OpenAI is working with Broadcom Inc. to develop a new artificial intelligence chip specifically focused on running AI models after…
Chinese chipmaker’s new 7nm CPUs reportedly outperform Intel’s Raptor Lake — Loongson adopts “tock-tock-tick” strategy to close the gap with Intel
Chinese CPU manufacturer Loongson is purportedly closing the gap quickly to Western CPU manufacturers regarding raw performance. Fast Technology reports…
Airbus delivers first A321XLR in new front against Boeing
PARIS (Reuters) – Airbus has delivered its first A321XLR jet to Spain’s Iberia, the European planemaker said, stepping up a…
Iron Ore Falls as Inventories Rise Despite China’s Stimulus Push
Iron ore retreated from the highest close in two weeks on rising port inventories in China, the biggest importer of…
Boeing overcharged Air Force nearly 8,000% for soap dispensers, watchdog alleges
Boeing overcharged the U.S. Air Force for spare parts for C-17 transport planes, including marking up the price on soap…
Google’s moneymaking machine still pumping out massive profits despite multiple threats
Google is still thriving while the company navigates through a pivotal shift to artificial intelligence and battles regulators trying to…
Intel set for big drop in quarterly revenue as chipmaker struggles to bounce back
Intel is expected to report its biggest quarterly revenue drop in five quarters on Thursday, potentially signaling more erosion of…
Xiaomi launches faster version of flagship EV in challenge to Tesla
Xiaomi unveiled a luxury version of its SU7 electric sports car on Tuesday, saying the $114,000 model would rank as…