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Broadcom rallies on forecast for booming AI chip demand

(Reuters) – Shares of Broadcom (NASDAQ:AVGO) soared 14% on Friday, with the chipmaker moving closer to $1 trillion in market value after…
Stock

China’s credit growth slows despite stimulus efforts

In a surprising turn of events, China’s credit expansion in November did not meet expectations, signaling a weaker demand for financing despite…
Stock

Fuel theft, violence siphoning $215 million from Ecuador oil industry

By Alexandra Valencia ESMERALDAS/SANTO DOMINGO, Ecuador (Reuters) – Organized crime groups in Ecuador are increasingly stealing fuel from state-run oil company Petroecuador…
Stock

ServiceTitan Prices 8.8M Share IPO at $71/sh

ServiceTitan, Inc. (TTAN), the software platform that powers the trades, today announced the pricing of its initial public offering of 8,800,000 shares…
Stock

US senators, green groups call for accountability over hacking of Exxon critics

By Raphael Satter and Christopher Bing WASHINGTON – Two Democratic senators and a host of environmental groups have called for investigations and…
Stock

Nvidia denies rumours it will cut supplies to China

BEIJING (Reuters) – Nvidia (NASDAQ:NVDA) said recent social media posts alleging the company would cut supplies to China were false, according to…
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Parnassus Investments launches its first sustainable ETFs

By Suzanne McGee (Reuters) – Parnassus, one of the largest asset managers to offer products tied to environmental, social or governance considerations,…
Stock

US charges ex-TD Bank employee with helping to launder money to Colombia

By Nivedita Balu TORONTO (Reuters) – A former TD Bank employee based in Florida was arrested and charged with facilitating money laundering…
Stock

Lam Research shares up 3%, TD Cowen called stock ‘top pick’

Investing.com — TD Cowen called Lam Research Corp (NASDAQ:LRCX)its top pick, given its exposure to secular trends such as increasing memory content in…
Stock

Health insurer stocks fall as WSJ says lawmakers set to break up pharmacy-benefit managers

(Reuters) – Shares of health insurers such as UnitedHealth (NYSE:UNH) and CVS Health (NYSE:CVS) fell on Wednesday after a Wall Street Journal…
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