Wall Street ends lower, Dow confirms bear market

Register now for FREE unlimited access to Reuters.com Register Fed rate hikes have investors ‘throwing in the towel’ Casinos jump as Macau allows tour groups after nearly 3 years Indexes: Dow -1.11%, S&P 500 -1.03%, Nasdaq -0.60% Sept 26 (Reuters) – Wall Street slid deeper into a bear market on Monday, with the S&P 500 … Read more

Exclusive: Italy and Intel pick Veneto as preferred region for new chip plant

The Intel Corporation logo is seen at a temporary office during the World Economic Forum 2022 (WEF) in the Alpine resort of Davos, Switzerland May 25, 2022. REUTERS / Arnd Wiegmann / File Photo Register now for FREE unlimited access to Reuters.com Register Intel to build advanced packaging and assembly site in Italy Draghi’s successor … Read more

Google loses challenge against EU antitrust decision, other probes loom

Register now for FREE unlimited access to Reuters.com Register LUXEMBOURG, Sept 14 (Reuters) – Google suffered one of its biggest setbacks on Wednesday when a top European court fined it 4.125 billion euros ($ 4.13 billion) for using its Android mobile operating system to thwart rivals, offering a precedent for other regulators to ratchet up … Read more

Exclusive: Biden to hit China with broader curbs on US chip and tool exports

Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 11 (Reuters) – The Biden administration plans next month to broaden curbs on US shipments to China of semiconductors used for artificial intelligence and chipmaking tools, several people familiar with the matter said. The Commerce Department intends to publish new regulations based on restrictions … Read more

Explainer: Understanding Ethereum’s major ‘Merge’ upgrade

A representations of cryptocurrency Ethereum is seen in front of a stock graph and US dollar in this illustration taken, January 24, 2022. REUTERS / Dado Ruvic / Illustration / File Photo Register now for FREE unlimited access to Reuters.com Register Sept 9 (Reuters) – Ethereum, the blockchain that underpins the world’s second-largest crypto token … Read more

Apple unveils iPhone 14 with emergency satellite messaging, Ultra Watch

Register now for FREE unlimited access to Reuters.com Register Sept 7 (Reuters) – Apple Inc (AAPL.O) introduced new iPhone 14 models capable of using satellites to send emergency messages and an adventure-focused Ultra Watch for sports like diving and triathlons. The sports and outdoor-focused products will test whether Apple’s relatively affluent customer base will keep … Read more

Wall Street ends busy post-summer session in the red

Register now for FREE unlimited access to Reuters.com Register ISM services sector data beats estimates Bed Bath & Beyond shares sink after CFO’s death Wall St coming off three straight week of declines Dow down 0.55%, S&P 500 down 0.41%, Nasdaq down 0.74% NEW YORK, Sept 6 (Reuters) – Wall Street’s main indexes closed lower … Read more

New US curbs on sales of Nvidia AI chips to China spark selloff

The logo of technology company Nvidia is seen at its headquarters in Santa Clara, California February 11, 2015. REUTERS / Robert Galbraith / File Photo Register now for FREE unlimited access to Reuters.com Register Sept 1 (Reuters) – New restrictions on exports of cutting-edge chips from Nvidia Corp (NVDA.O) to China have signaled an escalation … Read more

Arm sues Qualcomm, aiming to unwind Qualcomm’s $ 1.4 bln Nuvia purchase

Qualcomm logo is during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS / Wolfgang Rattay Register now for FREE unlimited access to Reuters.com Register SAN FRANCISCO, Aug 31 (Reuters) – Chip technology firm Arm Ltd, which is owned by Softbank Group Corp (9984.T), on Wednesday said it had sued Qualcomm … Read more

US officials order Nvidia to halt sales of top AI chips to China

The logo of technology company Nvidia is seen at its headquarters in Santa Clara, California February 11, 2015. REUTERS / Robert Galbraith Register now for FREE unlimited access to Reuters.com Register Aug 31 (Reuters) – Chip designer Nvidia Corp (NVDA.O) on Wednesday said that US officials told it to stop exporting two top computing chips … Read more