BEIJING (Reuters) -Chinese supply chain operator and property developer Xiamen C&D said on Thursday it had signed contracts totalling over…
Exclusive-Nvidia-backed Vast Data inks $1.17 billion AI deal with CoreWeave
By Krystal Hu (Reuters) -AI startup Vast Data has signed a $1.17 billion commercial agreement with cloud provider CoreWeave, extending…
CarMax’s longtime CEO Bill Nash to depart, shares drop
(Reuters) -CarMax’s CEO Bill Nash is stepping down by end of the month, the preowned car retailer said on Thursday,…
Microsoft launches ‘superintelligence’ team targeting medical diagnosis to start
By Jeffrey Dastin SAN FRANCISCO (Reuters) -Microsoft is forming a new team that wants to build artificial intelligence that is…
Wall St drops as tech sell-off resumes; tariff, economic data uncertainty lingers
By Twesha Dikshit and Purvi Agarwal (Reuters) -Wall Street’s main indexes fell on Thursday, as technology stocks came under fresh…
Fed finalizes revised standard for grading big banks
WASHINGTON (Reuters) -The U.S. Federal Reserve announced on Wednesday it had finalized a revised framework for how it grades large…
DoorDash’s quarterly profit miss, expects more investments in 2026; shares fall
By Anshi Sancheti (Reuters) -DoorDash reported third-quarter profit that missed Wall Street estimates as the delivery firm grapples with rising…
Qualcomm forecasts first-quarter results above estimates as AI drives smartphone upgrades
By Stephen Nellis and Arsheeya Bajwa SAN FRANCISCO (Reuters) -Chip designer Qualcomm on Wednesday forecast fiscal first-quarter sales and profit…
Nvidia’s Jensen Huang: ‘China is going to win the AI race,’ FT reports
(Reuters) -Nvidia CEO Jensen Huang has warned that China will beat the United States in the artificial intelligence race, the…
US economic resilience lifts spirits
By Jamie McGeever ORLANDO, Florida (Reuters) -U.S. stocks and bond yields rose on Wednesday on surprisingly strong job growth and…