Finance

Nvidia stock dips as China reportedly tells its companies to avoid buying chips

Nvidia stock dips as China reportedly tells its companies to avoid buying chips

Nvidia (NVDA) shares fell nearly 3% Wednesday after a Financial Times report claimed China’s regulators banned Chinese tech firms from purchasing some of the AI giant’s chips. The Cybe...

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Amazon spends $1 billion to increase pay and lower health care costs for US workers

Amazon spends $1 billion to increase pay and lower health care costs for US workers

NEW YORK (AP) — Amazon says it’s making a $1 billion investment to raise wages and lower the cost of health care plans for its U.S. fulfillment and transportation workers. The Seattle-based...

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Lyft stock surges 12% on Waymo robotaxi deal in Nashville

Lyft stock surges 12% on Waymo robotaxi deal in Nashville

Lyft (LYFT) stock surged roughly 11% midday Wednesday after the company announced a partnership with Alphabet’s (GOOG) self-driving Waymo service to roll out an autonomous ride-hailing service in ...

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Elizabeth Warren Probing Whether Trump’s AI and Crypto Czar David Sacks Broke Ethics Rules

Elizabeth Warren Probing Whether Trump’s AI and Crypto Czar David Sacks Broke Ethics Rules

Sen. Elizabeth Warren (D-MA) and other prominent liberal lawmakers have turned up the heat on White House AI and crypto czar David Sacks, pressing the Trump administration official Wednesday on wh...

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US SEC again extends deadline for private funds to supply enhanced data on risk

US SEC again extends deadline for private funds to supply enhanced data on risk

WASHINGTON (Reuters) -A divided U.S. Securities and Exchange Commission on Wednesday voted 3-1 to extend for a second time the deadline for private investment funds to comply with Biden-era regul...

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