Microsoft launches two data center infrastructure chips to speed AI applications
By Max A. Cherney SAN FRANCISCO (Reuters) – Microsoft has designed two additional infrastructure chips for its data centers that…
Robinhood to acquire TradePMR for $300 million to boost advisory business
(Reuters) – Retail trading platform Robinhood Markets will acquire portfolio management platform TradePMR in a cash-and-stock deal for about $300…
Microsoft-backed startup d-Matrix launches first AI chip
By Stephen Nellis (Reuters) – Silicon Valley startup d-Matrix on Tuesday said it is shipping its first AI chip aimed…
Blackstone strikes $8 billion deal for sandwich chain Jersey Mike’s Subs
By Anirban Sen (Reuters) -Blackstone has agreed to buy Jersey Mike’s Subs, the sandwich chain said on Tuesday, in a…
Tesla gains on report Trump’s team planning federal self-driving vehicle regulations
By Akash Sriram (Reuters) -Tesla shares rose more than 5% on Monday after Bloomberg News reported that President-elect Donald Trump’s…
How Trump’s Pentagon pick Hegseth fell out of love with the U.S. military
By Phil Stewart and Idrees Ali WASHINGTON (Reuters) – National Guard Master Sergeant DeRicko Gaither sent up a warning on…
EV companies, battery makers urge Trump not to kill vehicle tax credits
WASHINGTON (Reuters) – A group representing major electric vehicle and battery manufacturers on Friday urged President-elect Donald Trump not to…
Palantir shares rally to fresh record on plans for move to Nasdaq
By Sinéad Carew (Reuters) – Shares in Palantir Technologies Inc were up more than 6% on Friday, hitting a record…
Nvidia results in focus as stock market’s election boost stalls
By Lewis Krauskopf NEW YORK (Reuters) – Nvidia Corp’s results in the coming week could guide the U.S. stock market…
Rising US producer prices add to signs of waning disinflation
By Lucia Mutikani WASHINGTON (Reuters) -U.S. producer prices picked up in October, lifted by higher costs for services like portfolio…