AMD to buy cloud startup Pensando for $1.9 billion in data center push

Signs of AMD are seen at the China Digital Entertainment Expo and Conference, also known as ChinaJoy, in Shanghai, China July 30, 2021. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register April 4 (Reuters) – Chip designer Advanced Micro Devices (AMD.O) said on Monday it would acquire cloud startup Pensando for $1.9 … Read more

S&P 500, Nasdaq climb as growth stocks, Twitter jump

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, April 4, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Twitter soars after Elon Musk reveals 9.2% stake US-listed Chinese companies surge Indexes: Dow flat, S&P rises 0.47%, Nasdaq gains 1.56% April 4 (Reuters) … Read more

Stocks, dollar rise; European leaders urge further Moscow sanctions

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, April 4, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register US stocks mostly higher in early trade Oil prices gain US dollar strengthens NEW YORK, April 4 (Reuters) – Stocks on global indexes … Read more

Oil jumps 4% as deaths near Kyiv prompt talk of new sanctions

Workers walk as oil pumps are seen in the background in the Uzen oil and gas field in the Mangistau Region of Kazakhstan November 13, 2021. REUTERS/Pavel Mikheyev Register now for FREE unlimited access to Reuters.com Register Global outcry at killings near Kyiv as frontline shifts Iran blames US for halt to Vienna nuclear talks … Read more

JPMorgan’s Dimon warns of potential $1 billion loss from Russia exposure

JP Morgan CEO Jamie Dimon looks on during the inauguration the new French headquarters of JP Morgan bank in Paris, France June 29, 2021. Michel Euler/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register NEW YORK, April 4 (Reuters) – JPMorgan (JPM.N) boss Jamie Dimon warned on Monday that the bank could … Read more

Tesla plans to resume production at its Shanghai plant from April 4 – sources

A truck transports new Tesla cars at its factory in Shanghai, China May 13, 2021. REUTERS/Aly Song/File Photo Register now for FREE unlimited access to Reuters.com Register SHANGHAI, April 3 (Reuters) – Tesla (TSLA.O) is aiming to resume production at its Shanghai factory from Monday, two sources familiar with the matter said, as it expects … Read more

Shares bounce, US yield curve inverts after strong jobs data

US stocks drop, Treasury yield curve inverts US employers added 431,000 jobs in March US jobless rate at 3.6% Euro zone inflation 7.5% in March Oil heading for 13% fall this week NEW YORK, April 1 (Reuters) – Government bond yields resumed their upward climb on Friday as a key part of the US Treasury … Read more

Wall St edges up as payrolls report keeps Fed on track

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, March 30, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Unemployment drops to 3.6% vs estimate of 3.7% Nonfarm payrolls rose by 431,000 jobs last month GameStop seeks share split amid renewed meme-stock hype … Read more

Jussie Smollett: Brothers’ confession video shows how actor’s story unraveled

In the 47th hour of that detention, in a small fluorescently lit room painted a bland white, the brothers began to confess: It was all a hoax. “He came up with this plan of how we’re gonna, like, pretend to attack him, um, by his house,” Abimbola Osundairo told police. Newly obtained video from the … Read more

Euro zone inflation: March 2022 ECB policy

Christine Lagarde, President of the European Central Bank. Daniel Roland | dpa | Getty Images The cost of living hit another record high in the euro zone last month, raising further questions about how the European Central Bank can stabilize such rapidly rising consumer prices. Headline inflation came in at 7.5% for March on an … Read more