China’s DeepSeek sparks AI market rout
NEW YORK/LONDON (Reuters) -Technology shares around the world slid on Monday as a surge in popularity of a Chinese discount…
Weight-loss drug developer Metsera targets up to $1.78 billion valuation in US IPO
By Prakhar Srivastava and Pritam Biswas (Reuters) -Metsera, which is developing weight-loss drugs, said on Monday it is seeking a…
Nvidia says DeepSeek advances prove need for more of its chips
By Stephen Nellis SAN FRANCISCO (Reuters) -Nvidia on Monday said Chinese AI firm DeepSeek’s advances show the usefulness of its…
Big Tech faces heat as China’s DeepSeek sows doubts on billion-dollar spending
By Aditya Soni and Zaheer Kachwala (Reuters) – Chinese startup DeepSeek’s cheaper AI is sharpening investor scrutiny of the billions…
Siemens Energy reports preliminary quarterly revenue of about $9.4 billion
(Reuters) -Siemens Energy, the world’s biggest maker of offshore wind turbines, reported on Monday a preliminary first-quarter revenue of 8.94…
Wall Street banks set to sell billions of dollars of X loans, WSJ reports
(Reuters) – Wall Street banks are preparing to sell a big portion of debt holdings in social media platform X,…
Exclusive-Hamas has added up to 15,000 fighters since start of war, US figures show
By Erin Banco NEW YORK (Reuters) – The Palestinian militant group Hamas has recruited between 10,000 and 15,000 members since…
Amazon Prime Video shifts focus to live sports to boost profits, The Information reports
(Reuters) – Amazon’s Prime Video has shifted its strategic focus towards live sports and away from original television shows and…
Meta to test ads on Threads in US and Japan
(Reuters) – Meta Platforms will begin test launching ads on its social media platform Threads with a few brands in…
US judge pauses SpaceX’s challenge to case over anti-immigrant bias
By Daniel Wiessner (Reuters) – A federal judge on Friday granted the U.S. Department of Justice’s request to pause a…