Investing.com - In a significant win for organized labor, the Amazon (NASDAQ: AMZN) Labor Union has officially joined forces with the International Brotherhood of Teamsters, a union boasting 1.3 million members. This partnership provides Amazon workers with stronger representation and resources as they strive for a contract from the global giant.
In the upcoming weeks, members of the Amazon Labor Union will vote to confirm the affiliation. The Teamsters General... (continue reading...)
Investing.com -- Nvidia rallied on Wednesday, pushing its value above $3 trillion for time ever as the chipmaker continues to ride the artificial-intelligence wave to new heights.
At 15:33 ET, NVIDIA Corporation (NASDAQ: NVDA) shares rallied more than 4% to high of $1,218.04, and had earlier jumped to a record of $1,223.59, pushing its market value above $3TN. Nvidia is the third company to notch $3TN in value, with Microsoft Corporation (NASDAQ: MSFT) and Apple Inc... (continue reading...)
By David Shepardson and Allison Lampert
WASHINGTON (Reuters) -Outgoing Boeing CEO Dave Calhoun will testify before a U.S. Senate panel on June 18 after a series of incidents raised concerns about safety and quality, and led regulators to cap the planemaker's production of its best-selling 737 MAX.
Senator Richard Blumenthal, who chairs the Permanent Subcommittee on Investigations, said Calhoun would testify about a series of issues.
... (continue reading...)(Reuters) - Nvidia's stock market value hit $3 trillion for the first time on Wednesday as the chipmaker benefited from a race between Wall Street's heavyweights to dominate AI technology.
Shares of the maker of specialized AI chips were last up 4.75%.
Nvidia shares touched an intra-day record high of $1,219.93, giving it a market capitalization of $3 trillion.
(Reporting by Medha Singh in Bengaluru; Editing... (continue reading...)
Nvidia Becomes Third Stock To Ever Reach $3 Trillion In Value - Bloomberg
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