Chip stocks jump on AI optimism; Dow ends at record high
Cooling systems firms fall after Nvidia CEO’s commentsMemory and storage chipmakers hit record highsStock valuations pricey ahead of…
Major Brazilian grain traders quit Amazon conservation pact
SAO PAULO, Jan 5 (Reuters) – A lobby group for Brazilian grain trading and crushing firms has told…
L3Harris sells 60% stake in space propulsion business for $845 million
Jan 5 (Reuters) – L3Harris Technologies (LHX.N), opens new tab said on Monday it will sell an about…
AI-driven inflation is 2026’s most overlooked risk, investors say
Item 1 of 4 Plastic letters arranged to read “Inflation” are placed on U.S. Dollar banknote in this…
Exclusive: Samsung to double AI mobile devices to 800 million units this year
Item 1 of 3 TM Roh, co-CEO who oversees mobile phones, TVs and home appliances at Samsung Electronics,…
Exclusive: L3Harris nears space propulsion asset stake sale to AE Industrial, sources sayÂ
Deal aligns with AE Industrial’s space technology consolidation strategyL3Harris retains 40% stake, AE Industrial expected to pay over…
Take Five: New Year, same FOMO
Jan 2 (Reuters) – The new year starts with U.S. jobs data, a rebalancing of commodity indexes and…
Starlink plans to lower satellite orbit to enhance safety in 2026
Jan 1 (Reuters) – Starlink will begin a reconfiguration of its satellite constellation by lowering all of its…
Exclusive: Drugmakers raise US prices on 350 medicines despite pressure from Trump
Number of hikes rises from same time a year agoMedian list price increase is 4%, in line with…
“Zootopia 2” breaks record to become top-grossing Disney animation film
Dec 31 (Reuters) – Walt Disney Animation Studios’ (DIS.N), opens new tab “Zootopia 2” surpassed 2019’s “Frozen 2”…
China’s LandSpace targets $1 billion IPO in reusable rocket tech push
BEIJING, Dec 31 (Reuters) – China’s rocket startup LandSpace plans to raise 7.5 billion yuan ($1.07 billion) in…
US FDA approves Vanda Pharmaceuticals’ motion sickness drug
Dec 30 (Reuters) – Vanda Pharmaceuticals (VNDA.O), opens new tab said on Tuesday its drug for the prevention…