Reuters

By Zaheer Kachwala

(Reuters) - Nvidia's shares rallied around 6% to hit a record high on Tuesday, leaving the AI chipmaker's stock market value about $100 billion away from overtaking Apple in a major reshuffle of Wall street's biggest players.

Last trading at $1,128, Nvidia's market capitalization reached $2.8 trillion, compared to a market value of $2.9 trillion for Apple, which is Wall Street's second-most valuable company after... (continue reading...)

By Pesha Magid

RIYADH (Reuters) - Egypt and the United Arab Emirates are still negotiating contracts for the massive Ras El Hekma development project on Egypt's Mediterranean coast, a prominent representative of the Egyptian tourism sector said.

Abu Dhabi sovereign wealth fund ADQ in February agreed to pay $24 billion for the rights to develop the vast, pristine Ras El Hekma peninsula, but as much as $150 billion in additional work is... (continue reading...)

By Saadeq Ahmed

TORONTO (Reuters) - Canada's government and the province of Ontario struck a C$357 million deal on Tuesday to allocate federal funds to build affordable housing in the country’s most populous province to help alleviate a housing crisis after Ontario provided a revised action plan outlining its goals.

Canada currently faces a housing affordability crisis with a growing population that is outpacing the number of available... (continue reading...)

WASHINGTON (Reuters) - The United States on Tuesday condemned a move by the parliament in the South Caucasus state of Georgia to override a presidential veto of a bill on foreign agents, which western nations say is Russian-inspired.

Legislators had voted in the latest step in an affair that has plunged the country into crisis and threatens its historically strong ties with Washington, a major aid donor.

"The United States condemns this... (continue reading...)

(Reuters) - Over 939,000 homes and businesses in Texas, Kentucky and other states were without power on Tuesday as storms continued to batter the region since the long Memorial Day holiday weekend, according to meteorologists and data from PowerOutage.us.

That is up from around 754,000 customer outages earlier on Tuesday.

Tornado-spawning thunderstorms that swept the Southern Plains and the Ozark Mountains killed at least 21 people across... (continue reading...)