Finance

Meta’s Yann LeCun targets $3.5 billion valuation for new AI startup, FT reports

Meta’s Yann LeCun targets $3.5 billion valuation for new AI startup, FT reports

Dec 18 (Reuters) – Meta’s outgoing chief artificial intelligence scientist Yann LeCun is holding early talks to ​raise 500 million euros ($586.00 million) for a new ‌startup that would...

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Micron shares up 12% in Europe after blowout forecast

Micron shares up 12% in Europe after blowout forecast

Dec 18 (Reuters) – Micron Technology’s ​Frankfurt-listed shares ‌soared almost 12% ‌in early European trading on Thursday following ⁠an ‌upbeat forecast from the ‍U.S. computer memory ...

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Analysis-Return of ‘Make Europe Great Again’ trades hinges on German comeback

Analysis-Return of ‘Make Europe Great Again’ trades hinges on German comeback

By Yoruk Bahceli and Samuel Indyk LONDON, Dec 18 (Reuters) – For European markets overshadowed by the United States since the summer, investors are hoping a spending bonanza in Germany R...

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Amazon is prospective tenant that withdrew funding from Fermi’s project, Insider reports

Amazon is prospective tenant that withdrew funding from Fermi’s project, Insider reports

Dec 17 (Reuters) – Amazon is the prospective tenant that withdrew funding ​from REIT Fermi’s massive data-center ‌project, Business Insider reported on Wednesday, citing the ‌data cent...

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Dow, S&P 500, Nasdaq futures rise as Micron boosts tech after sell-off, CPI report looms

Dow, S&P 500, Nasdaq futures rise as Micron boosts tech after sell-off, CPI report looms

US stock futures ticked higher overnight, eyeing a recovery from Wall Street’s tech-fueled sell-off as investors waited for the latest reading on consumer inflation that could help set expec...

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Inflation expected to remain above Fed target in November as economic data schedule gets back on track

Inflation expected to remain above Fed target in November as economic data schedule gets back on track

Inflation data set for release Thursday morning is expected to show price increases remain above the Federal Reserve’s target in the final major piece of US economic data released on an alte...

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