US Stock Reports, Quotes and News
Investing.com– Chinese entities acquired Nvidia’s most advanced artificial intelligence chips through resellers even after the U.S. last year widened a ban to restrict Chinese access to the technology, a Reuters report showed on Tuesday.
By Abigail Summerville, Granth Vanaik and Jasper Ward
Investing.com– U.S. stock index futures rose in evening deals on Sunday, as Wall Street attempted a recovery after clocking two straight weeks of steep losses on a technology rout and waning expectations of interest rate cuts.
Investing.com– Shares of Australian mineral sands miner Base Resources Ltd (ASX:BSE) more than doubled in value on Monday after it entered a deal to be bought by North American peer Energy Fuels (TSX:EFR) Inc (NYSE:UUUU) for an equity value of A$375 million ($241.7 million)
WASHINGTON (Reuters) – The chip powering the Mate 60 Pro phone of sanctioned Chinese company Huawei is not as advanced as American chips, U.S. Commerce Secretary Gina Raimondo said on Sunday, arguing that it shows U.S. curbs on shipments to the telecoms equipment giant are working.
By Lewis Krauskopf and Saqib Iqbal Ahmed
By Hyunjoo Jin, Ethan Wang and Christoph Steitz
(Reuters) – Fashion retailer Express Inc has filed for Chapter 11 bankruptcy in the United States and intends to close more than 100 stores, it said on Monday.
Investing.com– U.S. stocks traded in a mixed fashion Friday, with investors digesting a fluid situation in the Middle East, while disappointing guidance from streaming giant Netflix (NASDAQ:NFLX) weighed on the tech sector.
WASHINGTON (Reuters) – The U.S. Federal Aviation Administration will require 10 hours off between shifts for air traffic controllers, and 12 hours off before a midnight shift, effective in 90 days, the agency\’s head said on Friday.