(Reuters) -Apple and Nvidia led a sell-off in technology stocks on Monday as U.S. recession fears and Berkshire Hathaway’s decision to cut its stake in the iPhone maker punctured a months-long rally…
Trump proposes alternative election debate, Harris says no
By Timothy Gardner and Surbhi Misra (Reuters) -Republican presidential nominee Donald Trump proposed to debate Democratic U.S. Vice President Kamala Harris on Fox News on Sept. 4, and the Harris campaign said…
Analysis-Global stock traders face dip-buying dilemma after crushing selloff
By Lewis Krauskopf and Suzanne McGee (Reuters) – A selloff that rocked equity markets around the world is clouding the outlook for investors looking to buy stocks on the cheap, as worries…
Music labels’ AI lawsuits create new copyright puzzle for US courts
By Blake Brittain (Reuters) – Country musician Tift Merritt’s most popular song on Spotify, “Traveling Alone,” is a ballad with lyrics evoking solitude and the open road. Prompted by Reuters to make…
Delay to Nvidia’s new AI chip could affect Microsoft, Google, Meta, the Information says
(Reuters) – Design flaws could cause a delay of three months or more in the launch of chip giant Nvidia’s upcoming artificial-intelligence chips, tech-focused publication the Information said on Friday. The setback…
Stocks drop, Nasdaq confirms correction as recession fears mount
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks sold off for a second straight session on Friday, and the Nasdaq Composite confirmed it was in correction territory after a soft jobs report…
Equities sell off, Nasdaq on track for correction, bond yields sink
NEW YORK (Reuters) -Global equities sold off on Friday and U.S. Treasury yields were at multi-month lows on concerns about the economy and downbeat forecasts from Amazon and Intel, which hit richly-valued…
Silicon Valley Bank’s former owner gains approval to end bankruptcy
By Dietrich Knauth NEW YORK (Reuters) – SVB Financial Group, the former owner of failed Silicon Valley Bank, received a U.S. judge’s permission on Friday to turn over its assets to creditors…
Berkshire’s cash hits $277 billion as Buffett slashes Apple stake; operating profit sets record
By Jonathan Stempel (Reuters) – Warren Buffett appears to have soured on stocks, letting cash at Berkshire Hathaway soar to nearly $277 billion and selling a large chunk of its stake in…
Exclusive-Data provider Dun & Bradstreet explores sale, sources say
By Milana Vinn, Anirban Sen and David French NEW YORK (Reuters) – Data and analytics provider Dun & Bradstreet, which has a market value of nearly $8 billion including debt, is exploring…