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Dec 03, 2024
Lazard hires Citigroup's Miller in energy investment banking push, sources say
By David French (Reuters) - Lazard (NYSE:LAZ) has hired veteran Citigroup (NYSE:C) investment banker Chris Miller as a managing director to help drive its dealmaking efforts in...
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Dec 03, 2024
Amazon's cloud service shows new AI servers, says Apple will use its chips
By Stephen Nellis and Greg Bensinger LAS VEGAS (Reuters) - Amazon.com (NASDAQ:AMZN)'s cloud unit on Tuesday showed new data center servers packed with its own AI chips that will...
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Dec 03, 2024
Microsoft faces UK lawsuit over cloud computing licences
LONDON (Reuters) - Microsoft (NASDAQ:MSFT) faces legal action in Britain over a claim that thousands of businesses using cloud computing services provided by Amazon (NASDAQ:AMZN),...
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Dec 03, 2024
Analysts react to Shopify's Black Friday sales data
-- Shopify’s 2024 Black Friday and Cyber Monday (BFCM) sales numbers are drawing mixed reactions from analysts, with both Oppenheimer and Mizuho (NYSE:MFG) noting...
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Dec 03, 2024
Clean fuel tax credit guidelines delayed, shares of Darling Ingredients drop
The Biden administration will not complete the guidelines for the new clean fuel production tax credits before the end of President Joe Biden's term. This delay affects the airline...
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Dec 03, 2024
European shares settle at one-month high; French politics in focus
By Joao Manuel Vicente Mauricio, Ankika Biswas and Johann M Cherian (Reuters) - European stocks closed at a one-month high on Tuesday, with Germany's DAX briefly touching the...
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Dec 03, 2024
Ford UK chair calls on government for EV incentives, Sky News reports
(Reuters) - Ford Motor Co (NYSE:F)'s UK chair has called on the British government to provide consumer incentives of up to £5,000 per electric vehicle, Sky News reported on...
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Dec 03, 2024
Wells Fargo says best time to own Ollie's Bargain passed, downgrades stock
-- Wells Fargo downgraded Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) to "equal weight," noting that the retailer may face a trickier environment as the...
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Dec 03, 2024
Amazon launches new AI servers, Apple joins as customer
Amazon (NASDAQ:AMZN) Web Services (AWS) has announced the introduction of new data center servers equipped with its proprietary artificial intelligence (AI) chips, presenting a...
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Dec 03, 2024
Senior US Democrat mounts new push for peace in Sudan
By Patricia Zengerle and Reade Levinson WASHINGTON (Reuters) - The top Democrat on the U.S. House of Representatives Foreign Affairs Committee will introduce legislation on...
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