BRUSSELS/LONDON (Reuters) - As the world's biggest tech companies revamp their core online services to comply with the European Union's landmark Digital Markets Act, the changes could give some smaller rivals and even peers a competitive edge. The DMA is Europe's attempt to rein in Alphabet's Google, Amazon ( AMZN ), Apple ( AAPL ), TikTok owner ByteDance, Meta Platforms...

By Manya Saini and Niket Nishant March 8 (Reuters) - New York Community Bancorp's ( NYCB ) turnaround will likely take a long time as analysts expect profits to remain under pressure from the lender's efforts to boost reserves for potential bad loans in its commercial real estate portfolio. This week's $1.05 billion capital raise has helped stem the rout...

Nvidia Corp’s remarkable surge has escalated its market value by over $1 trillion this year, propelling the AI leader to consider another stock split.  Following a four-for-one split in May 2021, when shares were around $600, Nvidia’s price is now approaching $1,000, building on last year’s 240% gain.  Experts believe a split could make shares more accessible, especially to small retail investors deterred...

March 8 (Reuters) - Nvidia ( NVDA ) is nipping at the heels of Apple ( AAPL ) to become the world's second-most-valuable company, as investors cannot get enough of the semiconductor maker whose chips power popular artificial intelligence tools such as ChatGPT. An AI-induced jaw-dropping rally in Nvidia ( NVDA ) shares has taken the company's valuation from $1...