AI chip startup Groq secures $1.5 billion commitment from Saudi Arabia
Hidden Values Daily (Reuters) – Semiconductor startup Groq said on Monday it has secured a $1.5 billion commitment...
Business
JPMorgan appoints co-heads of commercial banking Sable and Smith
By Nupur Anand NEW YORK (Reuters) -JPMorgan Chase appointed Matt Sable and Melissa Smith as...
AmEx closed 30 accounts potentially tied to Iran’s government
(Reuters) -U.S. credit card giant American Express identified and closed 30 consumer accounts in 2024...
Banks sell down $5.5 billion of Musk’s X debt to investors, source says
By Shankar Ramakrishnan NEW YORK (Reuters) -Banks led by Morgan Stanley have sold $5.5 billion...
Morgan Stanley to increase sale of loans tied to Musk’s X, Bloomberg News reports
(Reuters) – A group of Morgan Stanley-led banks is set to increase a sale of...
Robinhood halts rollout of Super Bowl betting contracts after CFTC request
By Niket Nishant and Manya Saini (Reuters) – Robinhood said on Tuesday it is rolling...
Trump warns tariffs on China may increase
WASHINGTON (Reuters) – U.S. President Donald Trump warned on Monday he might increase tariffs on...
Trading touchdowns: Robinhood launches Super Bowl prediction contracts
By Manya Saini and Niket Nishant (Reuters) -Robinhood is rolling out event contracts to let...
Canadian bitcoin miner Bitfarms mulls pivot to AI data centers
(Reuters) – Toronto-based bitcoin miner Bitfarms has enlisted two consultants to explore how it can...
Intel gets $536 million in interest from 1.06 billion euro EU antitrust fine
By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Intel has received 515.55 million euros...