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China's Lenovo to make AI servers in India, opens new centric lab

China's Lenovo to make AI servers in India, opens new AI-centric lab By Sai Ishwarbharath B BENGALURU, Sept 17 (Reuters) - China's Lenovo Group 0992.HK will start making artificial intelligence (AI) servers at its plant in southern India and opened an AI servers-focussed R&D lab in the tech hub of Bengaluru, the electronics hardware maker said on Tuesday.
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Intel's Amazon chip deal lifts investor confidence in money-losing foundry unit

Intel's Amazon chip deal lifts investor confidence in money-losing foundry unit Sept 17 (Reuters) - Intel shares jumped 7% before the bell on Tuesday, as a chip-making deal with Amazon's cloud business provided a major stamp of approval for its struggling contract manufacturing business. The chipmaker INTC.O will build custom AI chips for Amazon Web Services (AWS) as part of the multibillion-dollar deal.
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OpenAI’s value on human destruction short circuits

RPT-BREAKINGVIEWS-OpenAI’s value on human destruction short circuits The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jonathan Guilford NEW YORK, Sept 16 (Reuters Breakingviews) - As investors weigh OpenAI’s valuation, they might consider the humble paperclip. A cautionary tale about corporate profit maximizers building a robot that so excels in producing the office supply that it wipes out humanity might seem far-fetched.
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OpenAI’s value on human destruction short circuits

RPT-BREAKINGVIEWS-OpenAI’s value on human destruction short circuits The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jonathan Guilford NEW YORK, Sept 16 (Reuters Breakingviews) - As investors weigh OpenAI’s valuation, they might consider the humble paperclip. A cautionary tale about corporate profit maximizers building a robot that so excels in producing the office supply that it wipes out humanity might seem far-fetched.
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U.S. STOCKS Intel, ANI Pharmaceuticals, New York Community Bancorp

BUZZ-U.S. STOCKS ON THE MOVE-Intel, ANI Pharmaceuticals, New York Community Bancorp Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures edged higher as investors awaited a batch of economic data and clung to hopes the Federal Reserve would deliver a supersized interest-rate cut at its monetary policy meeting, which starts on Tuesday.
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Futures rise with economic data, Fed's rate-cut decision on tap

US STOCKS-Futures rise with economic data, Fed's rate-cut decision on tap For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Microsoft gains after new share buyback plan, dividend hike Intel jumps after collaboration with Amazon's AWS August retail sales, industrial production data awaited Futures up: Dow 0.20%, S&P 500 0.27%, Nasdaq 0.45% Updated at 07:09 a.m.
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Futures inch up ahead of economic data, Fed's rate-cut decision

US STOCKS-Futures inch up ahead of economic data, Fed's rate-cut decision For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures up: Dow 0.20%, S&P 500 0.31%, Nasdaq 0.51% Sept 17 (Reuters) - U.S. stock index futures edged higher as investors awaited a batch of economic data and clung to hopes the Federal Reserve would deliver a supersized interest-rate cut at its monetary policy meeting, which starts on Tuesday.
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Microsoft gains after new $60 bln share buyback plan, dividend raise

BUZZ-Microsoft gains after new $60 bln share buyback plan, dividend raise ** Shares of Microsoft MSFT.O up 1.7% at $438.70 premarket ** The tech heavyweight's board approves a new share buy-back plan of up to $60 bln and declares a quarterly dividend of $0.83/apiece, reflecting an 8 cent, or 10%, increase over the previous quarter ** MSFT's new div
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Nvidia-backed Sakana AI raises $214 mln at $1.5 bln valuation- Bloomberg News

MEDIA-Nvidia-backed Sakana AI raises $214 mln at $1.5 bln valuation- Bloomberg News -- Source link: https://tinyurl.com/2yb5jlgb -- Note: Reuters has not verified this story and does not vouch for its accuracy
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Suess Microtec rises as Jefferies starts with 'buy'

BUZZ-Suess Microtec rises as Jefferies starts with 'buy' ** Shares in Suess Microtec SMHNn.DE are up 3.2% in early Frankfurt trade after Jefferies initiated coverage of the German semiconductor company with "buy" and a PT of 76 euros ** The broker points to Suess' multi-layered exposure of about 30% of sales to AI chip advanced packaging technology
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Tech stocks drag, dollar plumbs lows on rate cut expectations

GLOBAL MARKETS-Tech stocks drag, dollar plumbs lows on rate cut expectations Tech stocks weigh on Nasdaq but S&P, DJI gain Treasury yields fall to two-year low Futures imply 59% chance of outsized Fed rate cut Updates at 4pm ET By Isla Binnie NEW YORK, Sept 16 (Reuters) - Tech stocks dragged on U.S. indexes and the dollar touched a more than one-year low against the yen on Monday as all eyes looked to a Federal Reserve meeting later this week that is expected to usher in a hotly anticipated easi
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S&P inches up, Nasdaq declines as tech weighs ahead of Fed decision

US STOCKS-S&P inches up, Nasdaq declines as tech weighs ahead of Fed decision Apple falls after analyst flags weak demand for new iPhones Intel rises after report chipmaker qualifies for federal grants Boeing dips after it freezes hiring, weighs temporary furloughs Indexes: Dow up 0.55%, S&P up 0.13%, Nasdaq off 0.52% Updated at 4:07 p.m. ET/2007 GMT By Chuck Mikolajczak NEW YORK, Sept 16 (Reuters) - The S&P 500 eked out a slight gain in a subdued session while the Nasdaq fell on Monday, weighed
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S&P flat, Nasdaq declines as tech weighs ahead of Fed decision

US STOCKS-S&P flat, Nasdaq declines as tech weighs ahead of Fed decision Apple falls after analyst flags weak demand for new iPhones Intel rises after report chipmaker qualifies for federal grants Boeing dips after it freezes hiring, weighs temporary furloughs Updated at 4 p.m. ET/2000 GMT By Chuck Mikolajczak NEW YORK, Sept 16 (Reuters) - The S&P 500 closed little changed while the Nasdaq fell on Monday, weighed down by a drop in technology stocks as investors assessed the likelihood of an upsi
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Tech stocks drag, dollar plumbs lows on rate cut expectations

GLOBAL MARKETS-Tech stocks drag, dollar plumbs lows on rate cut expectations Tech stocks weigh on S&P 500 and Nasdaq, DJI bears up Treasury yields fall to two-year low Futures imply 59% chance of outsized Fed rate cut Updates prices at 2:05 p.m. ET By Isla Binnie NEW YORK, Sept 16 (Reuters) - Tech stocks dragged on U.S. indexes and the dollar touched a more than one-year low against the yen on Monday as all eyes looked to a Federal Reserve meeting later this week that is expected to usher in a h
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S&P flat, Nasdaq stumbles as tech weighs ahead of Fed decision

US STOCKS-S&P flat, Nasdaq stumbles as tech weighs ahead of Fed decision Apple falls after analyst flags weak demand for new iPhones Intel rises after report chipmaker qualifies for federal grants Boeing dips after it freezes hiring, weighs temporary furloughs Indexes: Dow up 0.45%, S&P 500 up 0.06%, Nasdaq down 0.55% Updated at 2:03 p.m. ET/1803 GMT By Chuck Mikolajczak NEW YORK, Sept 16 (Reuters) - The S&P 500 was little changed while the Nasdaq fell on Monday, weighed down by a drop in techno
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Tech stocks drag on Nasdaq, S&P 500 as caution reigns ahead of Fed decision

US STOCKS-Tech stocks drag on Nasdaq, S&P 500 as caution reigns ahead of Fed decision For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Apple falls after analyst flags weak demand for new iPhones Intel rises after report chipmaker qualifies for federal grants Boeing dips after it freezes hiring, weighs temporary furloughs Indexes: Dow up 0.16%, S&P 500 down 0.23%, Nasdaq down 0.83% Updated at 11:38 a.m.
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US stocks mixed, dollar weak on rate cut expectations

GLOBAL MARKETS-US stocks mixed, dollar weak on rate cut expectations US indexes mixed, rate-sensitive tech weighs Futures imply 59% chance of outsized Fed rate cut Trump safe after FBI prevents second assassination attempt Treasury yields flat Updates prices at 10:20 ET By Isla Binnie and Amanda Cooper NEW YORK/LONDON, Sept 16 (Reuters) - Major stock indexes were mixed at the New York open on Monday and the dollar stayed soft against its global peers as all eyes looked to a Federal Reserve meeti
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Tech stocks drag on S&P 500, Nasdaq as Fed meeting nears

US STOCKS-Tech stocks drag on S&P 500, Nasdaq as Fed meeting nears Apple falls after analyst flags weak demand for new iPhones Intel rises after report chipmaker qualifies for federal grants Dow hits intraday record high Indexes: Dow up 0.63%, S&P 500 down 0.02%, Nasdaq down 0.68% Updated at 09:50 a.m. ET/1350 GMT By Johann M Cherian and Purvi Agarwal Sept 16 (Reuters) - Technology stocks weighed on the S&P 500 and the Nasdaq on Monday as caution set in ahead of the Federal Reserve's pivotal mon
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OpenAI’s value on human destruction short circuits

BREAKINGVIEWS-OpenAI’s value on human destruction short circuits The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jonathan Guilford NEW YORK, Sept 16 (Reuters Breakingviews) - As investors weigh OpenAI’s valuation, they might consider the humble paperclip. A cautionary tale about corporate profit maximizers building a robot that so excels in producing the office supply that it wipes out humanity might seem far-fetched.
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Fitch says Robust Artificial Intelligence Infrastructure Spending Is Positive For IT Hardware And Semiconductor Manufacturers' Credit Profiles

BRIEF-Fitch says Robust Artificial Intelligence Infrastructure Spending Is Positive For IT Hardware And Semiconductor Manufacturers' Credit Profiles Sept 16 (Reuters) - FITCH- FITCH- ROBUST ARTIFICIAL INTELLIGENCE INFRASTRUCTURE SPENDING IS POSITIVE FOR IT HARDWARE AND SEMICONDUCTOR MANUFACTURERS' CREDIT PROFILES FITCH: SEES PAUSE TO AI INFRASTRUCT
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