Nvidia Inc. shares are trading lower Friday, along with the broader semiconductor sector, pulling back after a rally on Thursday that followed strong earnings from Micron Inc . What Else: In addition, Nvidia’s CEO Jensen Huang recently highlighted nuclear power as a viable option to power the rapidly growing number of data centers needed for artificial intelligence (AI) applications. Speaking...

Sept 27 (Reuters) - Chinese courier delivery firm BingEx is aiming for a valuation of $1.21 billion in its U.S. listing, banking on recovering investor appetite for new stocks and easing of regulatory roadblocks. The company, which brands its services as FlashEx, is looking to sell 4 million American depositary shares (ADS) in the initial public offering, priced between $15...

03:15 PM EDT, 09/27/2024 (MT Newswires) -- UBS (UBS) is in discussions to form a joint venture with 360 One WAM to expand its Indian wealth management services, Reuters reported Friday, citing sources with knowledge of the matter. The venture would shift UBS's focus to high-net-worth individuals from ultra-high-net-worth, the sources reportedly told Reuters. The Swiss bank has initiated discussions...

WASHINGTON (Reuters) - The U.S. Department of Transportation said Friday it had fined Air Canada ( ACDVF ) $250,000 for operating flights in 2022 and 2023 in prohibited Iraqi airspace. The agency had jurisdiction because those flights had United Airlines' designator code. The violations occurred on numerous flights between the United Arab Emirates and Toronto in airspace that was prohibited...