Finance

Stocks are setting new highs once again after Nvidia’s blockbuster Intel deal

Stocks are setting new highs once again after Nvidia’s blockbuster Intel deal

The Intel logo is displayed on a sign in front of Intel headquarters in Santa Clara, California.Justin Sullivan/Getty Images US stocks hit fresh records on Thursday as the Nvidia-Intel dea...

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Huawei announces new AI infrastructure as Nvidia gets locked out of China

Huawei announces new AI infrastructure as Nvidia gets locked out of China

SHANGHAI, CHINA – JUNE 29, 2020 – Huawei’s largest flagship store in the world, Shanghai, China, June 29, 2020.- PHOTOGRAPH BY Costfoto / Barcroft Studios / Future Publishing...

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New Zealand’s new central bank governor to face credibility test

New Zealand’s new central bank governor to face credibility test

By Lucy Craymer WELLINGTON (Reuters) -New Zealand’s finance minister is expected to announce a new central bank chief in the coming weeks, with economists hoping the move will signal the en...

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Fed cuts, world stocks rip

Fed cuts, world stocks rip

By Jamie McGeever ORLANDO, Florida (Reuters) – TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Wall Street and world stocks roared to new h...

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Trump’s AI plan supports antitrust enforcement, DOJ official says

Trump’s AI plan supports antitrust enforcement, DOJ official says

By Jody Godoy NEW YORK (Reuters) -U.S. antitrust enforcers are on guard against anticompetitive behavior in the artificial intelligence sector as part of the Trump administration’s plan to c...

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Intel’s biggest problem isn’t going away with Nvidia’s $5 billion stake

Intel’s biggest problem isn’t going away with Nvidia’s $5 billion stake

Investors may have cheered Nvidia’s (NVDA) announcement that it will take a $5 billion stake in Intel (INTC), with shares of the latter soaring as much as 30% Thursday. But the investment d...

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