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Breadcrumbs Path LinksPMN BusinessBefore the trading day begins, we provide you with a summary of the major news and events that are likely to move the markets. Today we take a look at:Article author:Bloomberg NewsChiranjeevi Chakraborty…

By Greg Bensinger and Crystal Ho (Reuters) - Amazon.com Inc has hired the founders and some of its team members of artificial intelligence startup Adept, a move that mirrors rival Microsoft Corp (NASDAQ:MSFT.O), as it seeks to combat the…

The family of Italian billionaire Agnelli has increased its stake in Royal Philips NV, giving it a stake worth $4.19 billion, in a sign of increased confidence in the Dutch medical device manufacturer. Agnellis' Exor NV now owns 17.51%…

(Reuters) - Dell Technologies beat Wall Street estimates for first-quarter revenue on Thursday, snapping a six-quarter streak of declines, thanks to surging demand for its artificial intelligence-powered servers.The surge in demand for…

The world of cryptocurrencies is abuzz with the potential arrival of a new exchange-traded fund (ETF): the Litecoin ETF. The proposed ETF, championed by Litecoin founder Charlie Lee, aims to gain the coveted approval from the US…

By Mike StoneWashington (Reuters) - Lockheed Martin Corp (NYSE:) and RTX Corp, which have seen a new wave of orders in response to Russian aggression in Ukraine and the war in Gaza, will benefit from $95 billion in mostly new…

(Bloomberg) -- Micron Technology Inc., the largest US maker of computer memory chips, jumped in late trading after giving a surprisingly strong revenue forecast for the current quarter, buoyed by demand for artificial intelligence…

Breadcrumb Trail LinksPMN BusinessInflation in the US probably abated only gradually last month and retail sales rebounded, illustrating why the Federal Reserve is in no rush to lower interest rates.Author of the article:Bloomberg NewsVince…

© Reuters. FILE PHOTO: A view of Cobre Panama mine of Canadian First Quantum Minerals, one of the world's largest open-pit copper mines, during a media tour, in Donoso, Panama, January 11, 2024. REUTERS/Tarina Rodriguez/File Photo By…

(Bloomberg) -- Oil plunged to the lowest level in five months as signs of robust supplies piled up.Most Read from BloombergWest Texas Intermediate retreated as much as 4.3% to below $69 a barrel, the lowest since late June. Crude has slid…