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Recent Articles from Reuters
Verizon signs deal with Google worth over $1B
July 24 (Reuters) – Verizon CEO Dan Schulman said on Friday the company has secured a deal with Google, valued at more than $1 billion, to provide dark fiber connectivity for the search engine giant’s data centers. “We have other deals that we expect to announce by year end that taken together are expected to […]
Trump imposes new global tariffs, drawing protests from trading partners
WASHINGTON, July 24 (Reuters) – The United States on Friday imposed new tariffs of 10% and 12.5% on goods from 60 trading partners, including the EU and China, alleging those countries failed to curb imports made by forced labor, just as a temporary 10% global tariff expired. The move is the White House’s first step […]
Intel rises as strong forecasts signal AI boost for turnaround
Intel forecasts higher revenue and raises capital expenditure to $20 billion, signaling confidence in ai-driven demand and domestic semiconductor growth.
Wall Street falls as tech earnings spark AI spending worries and oil hits $100
Wall Street indexes fell as tech earnings from Alphabet and Tesla raised AI spending concerns and oil prices surged above $100 amid Middle East tensions.
Alphabet’s cash burn raises alarm for Big Tech as AI spending climbs
Alphabet's record $5.9 billion cash burn highlights rising AI spending pressures on big tech, with Google Cloud growth intensifying competition.
US energy shares gain as Houthi tanker attacks push Brent crude to $100
U.S. energy shares climbed after houthi attacks on saudi oil tankers pushed brent crude prices above $100, raising concerns over global supply disruptions.
US weekly jobless claims plunge to lowest since 1969
US weekly jobless claims dropped to the lowest level since 1969, signaling stability in the labor market amid inflation concerns for the Federal Reserve.
Paramount secures EU nod for $110B Warner Bros deal, US hurdles ahead
Paramount Skydance gained EU antitrust approval for its $110 billion acquisition of Warner Bros Discovery, but faces ongoing challenges in the U.S. and UK.
S&P 500, Nasdaq close lower as investors await technology earnings
The S&P 500 and Nasdaq closed lower as investors awaited key technology earnings from Alphabet, Tesla, and others amid mixed sector performance and geopolitical tensions.
Amazon cuts jobs in its artificial general intelligence group
Amazon reduces staff in its artificial general intelligence group as part of ongoing company-wide job cuts to focus on key AI initiatives.
