(Reuters) -Dollar Tree on Monday named retail industry veteran Duncan MacNaughton as the chief executive officer of the Family Dollar chain, which is in the process of being bought by a group of private-equity investors for about $1 billion. MacNaughton, who served as the finance chief at Family Dollar until 2019 and has held positions…
U.S. Chip Maker Could Dominate AI’s Next Phase: Free Pick ⏳ The Last Undervalued A.I. Stock in America? [adv] Unsubscribe U.S. Chip Maker Could Dominate AI’s Next Phase: Free Pick [sponsor] While China races to catch up, one American innovator has secured a breakthrough that could control computing’s next revolution. This company’s unique technology could…
By Steve Holland and Jasper Ward WASHINGTON (Reuters) -U.S. President Donald Trump said on Saturday he will speak with Russian President Vladimir Putin on Monday to discuss stopping the war in Ukraine, days after the first face-to-face talks in three years between Russia and Ukraine took place in Istanbul. Trump had offered to travel to…
By Wen-Yee Lee TAIPEI (Reuters) -Nvidia is evaluating how to address the China market after the U.S. government placed limits on sales of its Hopper H20 chip there but will not put out another version from the Hopper series, CEO Jensen Huang said on Saturday. Asked what their next chip for China after the H20…
(Reuters) -Elon Musk’s xAI responded to widespread reports that its Grok chatbot made claims about a genocide against white citizens in South Africa, saying there had been an unauthorized change to the artificial intelligence bot. In a post on X on Thursday, xAI said it would update the system to address the problem. Issues of…
(Reuters) -Tesla blocked shareholders who own less than 3% of its shares from suing its directors or officers on behalf of the electric vehicle maker for breach of duties, according to a filing with the U.S. Securities and Exchange Commission on Friday. Three percent of Tesla’s shares amounts to about 97 million shares worth about…
Trump’s Tariffs Just Created “Wealth Window” For 401K/IRA Owners ⏳ The Last Undervalued A.I. Stock in America? [adv] Unsubscribe Trump’s Tariffs Just Created “Wealth Window” For 401K/IRA Owners [sponsor] President Trump is dead serious about returning America’s manufacturing jobs. But China’s dumping of US bonds and its anti-dollar attack triggered a stock market bloodbath….
(Reuters) – Tesla will add Chipotle executive Jack Hartung to its board of directors and audit committee in June, the electric vehicle maker said on Friday. Hartung’s addition will expand Tesla’s board to nine members. Joe Gebbia, the co-founder of Airbnb was the last addition to the board in 2022. Tesla’s board has come under…
By Brijesh Patel (Reuters) – Gold prices have fallen almost 10% from a record high just above $3,500 per ounce in April as a de-escalation in U.S.-China trade tensions punctured momentum, but analysts are sticking with a bullish outlook due to strong underlying support for the metal. Spot gold was trading around $3,180 an ounce…
(Reuters) -OpenAI plans to help develop a massive new data center in the United Arab Emirates that may eventually be one of the largest in the world, Bloomberg News reported on Friday. The ChatGPT maker is expected to be one of the primary anchor tenants for a 5-gigawatt data center campus in Abu Dhabi, the…
