Finance

Dow, S&P 500, Nasdaq futures edge higher ahead of Trump-Xi call on trade

Dow, S&P 500, Nasdaq futures edge higher ahead of Trump-Xi call on trade

US stock futures crept up as Wall Street readied for President Trump and Chinese President Xi Jingping to hold a call following a record-breaking day on Wall Street. Futures attached to the Dow J...

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‘Bond King’ Jeffrey Gundlach says he’s got 3 investment ideas to prep for higher inflation and a global shift from the dollar

‘Bond King’ Jeffrey Gundlach says he’s got 3 investment ideas to prep for higher inflation and a global shift from the dollar

Jeffrey Gundlach, CEO of DoubleLine Capital LP, presents during the 2019 Sohn Investment Conference in New YorkReuters The “bond king” is wary of what’s ahead for US stoc...

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Nvidia spent over $900 million to hire Enfabrica CEO, license technology, CNBC reports

Nvidia spent over $900 million to hire Enfabrica CEO, license technology, CNBC reports

(Reuters) – Nvidia has spent over $900 million to hire Enfabrica CEO Rochan Sankar and other staff at the artificial intelligence hardware startup and to license the company’s technol...

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How Intel’s Nvidia deal could help Intel’s next generation of chip manufacturing

How Intel’s Nvidia deal could help Intel’s next generation of chip manufacturing

By Stephen Nellis SAN FRANCISCO (Reuters) –Nvidia‘s deal with Intel could put the struggling chipmaker’s next-generation manufacturing technology on a stronger footing, even with...

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SoftBank Vision Fund to lay off 20% of employees in shift to bold AI bets, source and memo say

SoftBank Vision Fund to lay off 20% of employees in shift to bold AI bets, source and memo say

By Krystal Hu (Reuters) -SoftBank Group will lay off nearly 20% of its Vision Fund team globally as it shifts resources to founder Masayoshi Son’s large-scale artificial intelligence bets in the ...

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volumes are weak to stable but silver linings on the horizon

volumes are weak to stable but silver linings on the horizon

Coming a few weeks after an earnings season that saw a lot of trucking companies struggling (or even failing) to turn a profit, and an interim update from LTL carriers that was decidedly weak, th...

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