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BlackRock Investment Institute goes further ‘overweight’ on U.S. equities

Wall St WarriorDecember 4, 2024December 4, 20240

(Reuters) – The BlackRock Investment Institute (BII) said on Wednesday that it had gone further “overweight” on U.S. equities as…

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Developing countries’ record $1.4 trillion debt service bill squeezes budgets

Wall St WarriorDecember 3, 2024December 3, 20240

By David Lawder WASHINGTON (Reuters) – The World Bank on Tuesday said developing countries spent a record $1.4 trillion to…

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Meta says gen AI had muted impact on global elections this year

Wall St WarriorDecember 3, 2024December 3, 20240

By Sheila Dang (Reuters) -Despite widespread concern that generative AI could interfere with major elections around the globe this year,…

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Trump’s trade threat runs into inconvenient dollar truth: McGeever

Wall St WarriorDecember 3, 2024December 3, 20240

By Jamie McGeever ORLANDO, Florida (Reuters) -President-elect Donald Trump’s latest threat to slap huge tariffs on countries that try to…

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Amazon announces new slate of AI models

Wall St WarriorDecember 3, 2024December 3, 20240

LAS VEGAS (Reuters) – Amazon announced a new slate of artificial intelligence platforms, known as foundation models, at its annual…

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E. coli outbreak tied to McDonald’s Quarter Pounders has ended, CDC says

Wall St WarriorDecember 3, 2024December 3, 20240

(Reuters) – The U.S. Centers for Disease Control and Prevention said on Tuesday that the E. coli outbreak linked to…

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US labor market steadily cooling amid higher job openings, low layoffs

Wall St WarriorDecember 3, 2024December 3, 20240

By Lucia Mutikani WASHINGTON (Reuters) – U.S. job openings increased solidly in October while layoffs dropped by the most in…

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Nvidia CFO says M&A possible use for growing cash hoard

Wall St WarriorDecember 3, 2024December 3, 20240

(Reuters) – AI chip leader Nvidia could put its growing cash pile to use through possible mergers and acquisitions, finance…

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Amazon’s cloud service shows new AI servers, says Apple will use its chips

Wall St WarriorDecember 3, 2024December 3, 20240

By Stephen Nellis and Greg Bensinger LAS VEGAS (Reuters) – Amazon.com’s cloud unit on Tuesday showed new data center servers…

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Amazon to pilot AI-designed material for carbon removal

Wall St WarriorDecember 2, 20240

By Jeffrey Dastin (Reuters) – Amazon.com Inc plans to pilot a new carbon-removal material for data centers, which are at…

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