GameStop soars as flag bearer ‘Roaring Kitty’ resurfaces, sparks meme stock rally
By Medha Singh and Laura Matthews (Reuters) -Shares of videogame retailer GameStop surged nearly 75% on Monday after “Roaring Kitty”, an account associated with a
Strong Walmart earnings may already be priced in with shares near record
By Siddharth Cavale and Noel Randewich NEW YORK (Reuters) – Walmart’s earnings amid signs of weaker discretionary spending could add fuel to a rally that
Apple’s Maryland store workers vote to authorize strike
(This May 11 story has been refiled to say IAM, instead of AIM, in paragraph 1) (Reuters) – Workers at Apple’s store in Towson, Maryland,
Microsoft to invest 4 billion euros in France
PARIS (Reuters) – Technology and software giant Microsoft will invest 4 billion euros ($4.3 billion) in France as part of the annual ‘Choose France’ business
Morning Bid: Inflation, tariffs dominate market landscape
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Inflation data from the world’s three largest economies – China, the
Factbox-Who is Andrei Belousov, Putin’s choice as defence minister?
MOSCOW (Reuters) – Russian President Vladimir Putin has proposed a surprise new defence minister, nominating civilian Andrei Belousov, a former deputy prime minister who specialises
Arm plans to launch AI chips in 2025, Nikkei reports
(Reuters) -SoftBank Group’s Arm Holdings plans to develop artificial-intelligence (AI) chips, seeking to launch the first products in 2025, Nikkei Asia reported on Sunday. UK-based
Wildfire evacuation notice issued for oil sands rich Alberta town
TORONTO (Reuters) -An evacuation alert has been issued for Fort McMurray, Alberta, as an out-of-control fire rages southwest of the major Canadian oil town, making
South Korea prepares support package worth over $7 billion for chip industry
SEOUL (Reuters) – South Korea is readying plans for a support package for chip investments and research worth more than 10 trillion won ($7.30 billion),
FBI working towards nabbing Scattered Spider hackers, official says
By Zeba Siddiqui SAN FRANCISCO (Reuters) – The U.S. FBI is working towards charging hackers from the aggressive Scattered Spider criminal gang who are largely