WASHINGTON (Reuters) – Contracts to buy U.S. previously owned homes plunged to a record low in January as higher mortgage…
Microsoft urges Trump to overhaul Biden’s last AI-chip export curbs
(Reuters) -Microsoft has urged President Donald Trump’s team to ease export restrictions imposed on artificial intelligence chips in the closing…
Amazon unveils quantum chip, aiming to shave years off development time
By Stephen Nellis (Reuters) – Amazon Web Services on Thursday showed a quantum computing chip with new technology that it…
‘Orderly’ trade fragmentation might not require BoE action, MPC’s Dhingra says
LONDON (Reuters) – The Bank of England may not need to take action if a fragmentation in global trade caused…
Startup PsiQuantum says it is making millions of quantum computing chips
By Max A. Cherney and Stephen Nellis SAN FRANCISCO (Reuters) – PsiQuantum said on Wednesday it had cracked one of…
Fed’s quantitative tightening expectations upended by debt-ceiling worries
By Michael S. Derby (Reuters) – Expectations for the future path of the Federal Reserve’s balance sheet drawdown process have…
Crucial Nvidia results to set the course for faltering ‘Magnificent Seven’
By Aditya Soni (Reuters) – Nvidia’s much-awaited results – seen as a barometer of AI chip demand – on Wednesday…
Apple shareholders vote to keep its diversity policies
By Stephen Nellis (Reuters) – Apple shareholders voted to keep the tech giant’s diversity, equity and inclusion policies on Tuesday,…
Judge gives Trump administration Wednesday night deadline to pay foreign aid funds
By Brendan Pierson (Reuters) -A federal judge in Washington on Tuesday ordered the Trump administration to pay foreign aid funds…
Tesla’s market value tumbles below $1 trillion as its Europe sales slump
By Noel Randewich (Reuters) – Tesla’s stock tumbled 8% on Tuesday, pushing its market value below $1 trillion for the…