Huawei touts ‘world’s most powerful’ AI chip cluster as Nvidia’s China challenges mount
The company said it plans to launch the new supercluster as soon as next year.
Wegovy pill offers ‘significant’ weight reduction, Novo Nordisk says, as oral obesity drug race intensifies
Trial results showed the “Wegovy pill” led to average weight reduction of 16.6% after 64 weeks, Novo Nordisk said.
European markets set for a positive open as traders assess Fed interest rate cut
European stocks are expected to open higher on Thursday as traders digest the U.S. Federal Reserve’s rate cut on Wednesday.
Spirit CEO says struggling airline will slash flights, braces employees for more job cuts
Spirit is slashing its November schedule by 25% and is bracing staff for more job cuts.
Mark Zuckerberg unveils $799 Meta Ray-Ban Display glasses
Mark Zuckerberg on Wednesday unveiled the $799 Meta Ray-Ban Display glasses, the company’s first consumer-ready glasses with a built-in display.
Stock futures are up slightly following latest Fed decision: Live updates
The moves follow a volatile day of trading Wednesday after the Fed, as anticipated, slashed its benchmark rate by a quarter percentage point.
Asia-Pacific markets trade mixed after Fed cut rates as expected
The Bank of Japan is kick-starting its two-day policy meeting, where it is expected by most economists to keep policy rates steady.
Netskope prices IPO at $19, valuing company at $7.3 billion
The IPO market is experiencing a revival after a yearslong drought, with notable debuts from CoreWeave, Circle and Figma.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in July.
ABC pulls ‘Jimmy Kimmel Live’ off air ‘indefinitely’ over Charlie Kirk comments
Jimmy Kimmel had suggested that Tyler Robinson, the man accused of killing Charlie Kirk, was aligned with President Donald Trump’s MAGA movement.