By Lisa Baertlein LOS ANGELES (Reuters) – President Donald Trump’s plan to revitalize the U.S. shipping industry could heap massive…
Pentagon software buying process shifts towards more access
By Mike Stone WASHINGTON (Reuters) – The U.S. Department of Defense is shifting how it buys software eyeing greater access…
Elon Musk’s xAI buys new property in Memphis amid supercomputer expansion
(Reuters) – Elon Musk-owned artificial intelligence firm xAI has bought a 1-million-square-foot property in Southwest Memphis, Tennessee, the Greater Memphis…
Broadcom forecasts strong second quarter on upbeat AI chip demand
By Zaheer Kachwala (Reuters) – Broadcom forecast second-quarter revenue above Wall Street expectations on strong demand for its custom artificial…
Marvell’s shares end worst day in 24 years as tepid revenue forecast reignites AI spending fears
By Arsheeya Bajwa (Reuters) -Marvell Technology’s shares closed down 19.8%, marking their worst day in more than two decades and…
Walgreens to be taken private by Sycamore in $10 billion deal
By Sabrina Valle and Abigail Summerville (Reuters) -Walgreens Boots Alliance will be taken private by Sycamore Partners for $10 billion,…
Trump hails $20 billion investment by shipping firm CMA CGM
WASHINGTON (Reuters) – U.S. President Donald Trump on Thursday said French-based shipping firm CMA CGM would invest $20 billion in…
Analysis-Investors spy the dawn of a tectonic shift away from US markets
By Dhara Ranasinghe and Amanda Cooper LONDON (Reuters) – A historic global trade war, a proposed $1.2 trillion European fiscal…
What the Trump tariffs could mean for America’s beloved pickup truck
By Nora Eckert, Kalea Hall and David Shepardson DETROIT (Reuters) – U.S. President Donald Trump’s 25% tariffs on Canada and…
Google tests an AI-only version of its search engine
By Kenrick Cai SAN FRANCISCO (Reuters) – Alphabet’s Google launched an experimental version of its search engine on Wednesday that…