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US power, tech companies lament snags in meeting AI energy needs FILE PHOTO: Illustration shows words "Artificial Intelligence AI
  • Domestic

US power, tech companies lament snags in meeting AI energy needs

Bull Bear Daily April 18, 2024
By Laila Kearney NEW YORK (Reuters) – U.S. electrical systems are not expanding fast enough to meet...
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Rivian cuts 1% of workforce in second round of layoffs this year FILE PHOTO: Rivian Automotive facility in California
  • Business

Rivian cuts 1% of workforce in second round of layoffs this year

Bull Bear Daily April 18, 2024
By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Wednesday it...
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Mortgage rates top 7% for the first time this year, Freddie Mac says FILE PHOTO: Homes for sale in Washington
  • Business

Mortgage rates top 7% for the first time this year, Freddie Mac says

Bull Bear Daily April 18, 2024
By Amina Niasse NEW YORK (Reuters) – U.S. mortgage rates increased by the most since June and...
Read More Read more about Mortgage rates top 7% for the first time this year, Freddie Mac says
Tesla shares fall as Deutsche Bank flags risks from focus on Robotaxi FILE PHOTO: Tesla showroom in Beijing
  • Business

Tesla shares fall as Deutsche Bank flags risks from focus on Robotaxi

Bull Bear Daily April 18, 2024
(Reuters) – Tesla shares fell to their lowest in more than a year on Thursday after Deutsche...
Read More Read more about Tesla shares fall as Deutsche Bank flags risks from focus on Robotaxi
Walmart-backed Ibotta targets up to $2.7 billion valuation in US IPO FILE PHOTO: FILE PHOTO: A street sign for Wall Street
  • Business

Walmart-backed Ibotta targets up to $2.7 billion valuation in US IPO

Bull Bear Daily April 18, 2024
(Reuters) – Walmart-backed digital marketing company Ibotta will likely raise $577.3 million at a valuation of $2.67...
Read More Read more about Walmart-backed Ibotta targets up to $2.7 billion valuation in US IPO
Exclusive-Donald Trump mulls middle-class tax cut as he eyes return to office FILE PHOTO: Former U.S. President Trump's criminal trial on charges
  • Domestic

Exclusive-Donald Trump mulls middle-class tax cut as he eyes return to office

Bull Bear Daily April 18, 2024
By Gram Slattery WASHINGTON (Reuters) – U.S. Republican presidential candidate Donald Trump has indicated to advisers he...
Read More Read more about Exclusive-Donald Trump mulls middle-class tax cut as he eyes return to office
Microsoft finds Russian influence operations targeting U.S. election have begun FILE PHOTO: Hooded man holds laptop computer as cyber code
  • Domestic

Microsoft finds Russian influence operations targeting U.S. election have begun

Bull Bear Daily April 18, 2024
SAN FRANCISCO (Reuters) – Microsoft said on Wednesday that Russian online campaigns to influence the upcoming U.S....
Read More Read more about Microsoft finds Russian influence operations targeting U.S. election have begun
Google lays off employees, shifts some roles abroad amid cost cuts The logo of Google LLC is seen at the Google
  • Business

Google lays off employees, shifts some roles abroad amid cost cuts

Bull Bear Daily April 17, 2024
(Reuters) – Alphabet-owned Google is laying off an unspecified number of employees, a company spokesperson said on...
Read More Read more about Google lays off employees, shifts some roles abroad amid cost cuts
Trump Media shares tank after filing shows more stock may be sold FILE PHOTO: Illustration shows Truth social network logo
  • Business

Trump Media shares tank after filing shows more stock may be sold

Bull Bear Daily April 16, 2024
By Echo Wang (Reuters) -Shares of Donald Trump’s social media company slumped 18% on Monday, extending losses...
Read More Read more about Trump Media shares tank after filing shows more stock may be sold
AMD introduces AI chips for business laptops and desktops FILE PHOTO: Illustration picture of AMD chip
  • Business

AMD introduces AI chips for business laptops and desktops

Bull Bear Daily April 16, 2024
(Reuters) -Advanced Micro Devices unveiled a new series of semiconductors for artificial intelligence-enabled business laptops and desktops...
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