U.S. Twenty-year Bonds Draw 4.635%; Allotted At High 30.20% - Bloomberg
By Alexandra Alper
WASHINGTON (Reuters) -The House Foreign Affairs Committee on Wednesday voted overwhelmingly to advance a bill that would make it easier for the Biden administration to restrict the export of artificial intelligence systems, citing concerns China could exploit them to bolster its military capabilities.
The bill, sponsored by House Republicans Michael McCaul and John Molenaar and Democrats Raja Krishnamoorthi and Susan... (continue reading...)
(Reuters) -U.S. drugmaker Pfizer on Wednesday launched a new multi-year program to reduce its expenses by about $1.5 billion by the end of 2027, adding on to a $4 billion cost cutting plan it announced last year.
Investors have fled from Pfizer as pandemic worries declined and billions of dollars in COVID-19 vaccine and treatment sales disappeared. The company responded with a $43 billion purchase of cancer drugmaker Seagen, the cost cuts, and an internal... (continue reading...)
SAO PAULO (Reuters) -Brazilian state-run oil firm Petrobras said on Wednesday the country's antitrust regulator Cade approved the new terms of an agreement that will free up the company from selling some of its oil refining and natural gas assets.
The new terms of the agreement, originally signed in 2019, have been approved by the regulator's board, Petrobras said in a securities filing.
The government of then-President Jair Bolsonaro had set... (continue reading...)
Investing.com -- U.S. stock futures were mixed Wednesday, ahead of the release of the keenly-awaited minutes from the last Federal Reserve policy meeting and results from AI bellwether Nvidia.
re are some of the biggest U.S. stock movers today:
Target (NYSE: TGT) stock fell 7% after the retailer forecast current-quarter comparable sales and profit largely below expectations after weak discretionary spending dented its first-quarter... (continue reading...)
More General News
View Older Stories-
Lynx Equity Strategies sees signs of Nvidia GPU shortages turning into surplus
-
Target, Walmart shoppers seek home goods, grocery delivery online
-
S&P 500 to end 2024 around current levels after strong run: Reuters poll
-
Amazon to launch AI-overhauled Alexa with paid plans, CNBC reports
-
Persistent US federal deficits hurt GDP, incomes&living standards: Piper
-
Novo Nordisk (NVO) faces another fire outbreak in a week, shares down
-
Off-price retailer TJX posts upbeat Q1, lifts annual profit view on robust demand
-
Goldman now sees US debt-to-GDP ratio hitting 130% by 2034 vs 97% prior forecast
-
US consumer watchdog will apply credit card rules to buy now, pay later companies
-
Google set to bring ads in search AI Overviews
-
Apple says US antitrust lawsuit should be dismissed
-
Midday movers: Microsoft, Xpeng rise; Palo Alto, Keysight fall
-
Comcast prices Peacock, Netflix, Apple TV+ streaming bundle at $15 a month
-
Disney's Pixar Animation to lay off about 14% of workforce
-
AutoZone's quarterly profit beats estimates on demand for car parts
-
Nvidia options underpricing rising earnings fragility
-
Morgan Stanley says Elon Musk 'needs Tesla more than ever'
-
Microsoft (MSFT) introduces Copilot+, a PC equipped with AI
-
Bank of America explains why it’s not just about Nvidia anymore
-
Fed's Daly sees no immediate need to raise rates amid inflation concerns
-
Dell deepens AI push with new PCs, Nvidia-powered servers
-
Midday movers: Nvidia, Micron and Wix rise; Li Auto falls
-
Inflation data so far in 2024 "disappointing" - Fed's Barr
-
Fed policymakers still cautious on inflation and policy
-
Dow Jones, Nasdaq, S&P 500 weekly preview: It's the Nvidia earnings week
-
Interest rates likely to remain above levels seen in past decade - Fed's Bostic
-
US FDA clears Neuralink's brain chip implant in second patient, WSJ reports
-
Target lowering prices on 5,000 items in bid to lure more shoppers
-
Cybersecurity company CyberArk to acquire Venafi in $1.5 billion deal
-
Several Wall Street brokers raise price targets on Nvidia stock into earnings
-
Apple set to release slimmer iPhone in 2025, the Information reports
-
Factbox-Boeing faces multiple probes after mid-air MAX door plug blowout
-
Midday movers: Reddit, Tesla and Robinhood rise; GameStop falls
-
BuzzFeed CEO moves to majority stock based compensation amid AI push
-
Here's why investors seem to be hesitant to own AMD stock: Mizuho
-
Robinhood shares climb premarket as Bank of America upgrades rating
-
NY Fed announces launch of new supply chain pressure metrics
-
UK's CMA rejects probe into Microsoft-Mistral AI tie-up
-
Tesla eyeing plan for China data to power self-driving ambitions - Reuters
-
Best case scenario for S&P 500 'may be coming into play': Stock Trader's Almanac
-
OpenAI strikes deal to bring Reddit content to ChatGPT
-
Take-Two expects 'GTA VI' launch in fall 2025, cuts bookings forecast
-
Cannabis stocks rally after DOJ proposal to reclassify marijuana
-
JPMorgan investors weigh CEO Dimon's strategy, succession after record year
-
Figma valued at $12.5 billion in tender offer backed by Fidelity, others
-
Analysis-Walmart's strong forecast signals a resilient consumer
-
Boeing supplier Spirit AeroSystems to lay off about 400 employees, memo says
-
Tesla gets local council go-ahead for German factory expansion
-
Midday movers: Walmart, Chubb and Trade Desk rise; Meta, GameStop fall
-
Disney, Fox, Warner Bros Discovery sports-streaming venture named Venu Sports