By Paul Sandle and Yadarisa Shabong LONDON, Oct 16 (Reuters) – Britain’s competition watchdog proposed designating Microsoft with “strategic market status” in business software, potentially paving the way for interventions in how the US tech major bundles products such as Excel, Teams and its Copilot…
Oct 16 (Reuters) – CoreWeave’s shares and bonds were headed for steep weekly losses on Friday, as investors grew uneasy about the debt financing behind the AI build-out in the face of rising borrowing costs. The firm’s shares dipped 4.1% in premarket trading on Friday,…
By Lewis Krauskopf NEW YORK, Oct 16 (Reuters) – Stumbles in the market-leading AI trade are set to test investor confidence in the rally in the coming week as Wall Street focuses on quarterly results due from key players including Meta Platforms. AI-linked stocks, central to…
By Emily Schmall and Karl Plume CHICAGO, Oct 16 (Reuters) – The town of Shirley, Illinois, population 135, is an unlikely place for a campaign stop. Yet billionaire Democrat JB Pritzker traveled there to spar with his opponent in his bid for a third term…
By Suzanne McGee and Gertrude Chavez-Dreyfuss PROVIDENCE, Rhode Island/NEW YORK, Oct 16 (Reuters) – A sharp decline in CoreWeave’s bonds this week is emerging as a test of investors’ willingness to keep financing the massive buildout of AI infrastructure, as rising borrowing costs and scrutiny…
By Daren Butler and Bulent Usta IZTUZU BEACH, Turkey, Oct 16 (Reuters) – Under a moonlit sky, turtle hatchlings emerge from the sand on Turkey’s Mediterranean coast and scramble towards the sea, taking part in an ancient natural cycle that scientists say is increasingly being shaped by…
Oct 16 (Reuters) – Global equity funds drew inflows for a fourth straight week through October 14 as a pullback in Treasury yields from near 2½-decade highs and hopes for strong earnings lifted sentiment, though investors pulled money from technology funds amid concerns over rising…
By Ricardo Brito BRASILIA, Oct 16 (Reuters) – Brazil’s next Congress is spoiling for a fight with the Supreme Court, including plans for an unprecedented impeachment of one of its justices that could dramatically expand the reach of a right-wing agenda, more than a dozen…
By Phil Stewart WASHINGTON, Oct 16 (Reuters) – As he took to the stage this week at an Army event, US Defense Secretary Pete Hegseth remarked how much it looked like a TV set. The former Fox News host said that put him at ease,…
By Andrew Gray BRUSSELS, Oct 16 (Reuters) – The European Union will probably have to provide a new loan to Ukraine to help cover a budget gap for next year and keep up Kyiv’s fight against Russia’s invasion, Estonian Prime Minister Kristen Michal told Reuters in…
