BEIJING (Reuters) – Sales of U.S. automaker Tesla’s China-made electric vehicles grew 3% in August from a year earlier, data…
Tech market values fall on AI costs and recession fears; Eli Lilly, Berkshire gain
(Reuters) – Market values of major tech firms declined in August amid concerns over escalating artificial intelligence infrastructure costs and…
Exclusive-U.S. researchers find probable launch site of Russia’s new nuclear-powered missile
By Jonathan Landay WASHINGTON (Reuters) – Two U.S. researchers say they have identified the probable deployment site in Russia of…
Amazon workers to join Teamsters’ strikes against unfair labor practices in US
(Reuters) – The Teamsters said on Thursday its strikes against unfair labor practices were expanding, with Amazon.com workers across several…
US second-quarter economic growth revised higher on consumer spending
WASHINGTON (Reuters) – The U.S. economy grew faster than initially thought in the second quarter amid strong consumer spending, while…
Meta says its Llama AI models being used by banks, tech companies
By Katie Paul NEW YORK – Meta’s Llama artificial intelligence models are being used by companies including Goldman Sachs and…
Dollar General cuts annual forecasts on weak discretionary demand; shares plummet
(Reuters) -Discount retailer Dollar General slashed its annual sales and profit forecast on Thursday, as budget-conscious customers cut back spending…
Exclusive-Intel board member quit after differences over chipmaker’s revival plan
By Max A. Cherney SAN FRANCISCO (Reuters) – The sudden resignation of a high-profile Intel board member came after differences…
Nvidia results could spur record $300 billion swing in shares, options show
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Traders in the U.S. equity options market are expecting Nvidia’s upcoming earnings…
Nordstrom Q2 revenue rises on boost from sales event, shares surge
(Reuters) -Nordstrom reported a better-than-expected growth in second-quarter sales on Tuesday, buoyed by its crucial Anniversary Sale event, even as…