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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…
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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…
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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…
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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…
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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,…
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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…
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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…
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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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JP Morgan downgrades PagerDuty and C3.ai on market dynamics

Investing.com — JPMorgan downgraded both Pagerduty Inc (NYSE:PD) and C3.ai Inc (NYSE:AI) from “neutral” to “underweight” citing competitive pressures, market dynamics, and valuation…
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