News
Analysis-Among AI crowd, some investors position for slower hyperscaler spending growth
53+ min ago (865+ words) MILAN, July 17 (Reuters) – The parabolic rally in AI chipmakers has run into turbulence amid concern about valuations and the sustainability of their bumper revenues, with some investors quietly positioning for a slowdown in the near-trillion dollar spending boom that could…...
Explainer-What is the EU’s emissions trading system?
1+ hour, 58+ min ago (806+ words) BRUSSELS, July 17 (Reuters) – The European Commission will propose on Friday an overhaul of the EU’s emissions trading system, Europe’s biggest climate change policy, which affects power plants, industry, airlines and shipping firms across the continent. WHAT IS THE EU ETS?...
South Korea-US team unveils robotic technology that dresses the wearer
3+ hour, 13+ min ago (387+ words) DAEJEON, South Korea, July 17 (Reuters) – A team of South Korean and U.S. researchers has unveiled a robotic technology that allows a person to suit up without using their hands or aid from others, with potential for applications in chip cleanrooms…...
Lilly enters psychedelic drug race with up to $3.8 billion AtaiBeckley deal
14+ hour, 21+ min ago (382+ words) By Puyaan Singh and Kunal Das July 16 (Reuters) – Eli Lilly will buy AtaiBeckley for up to $3.8 billion, the company said on Thursday, joining a race among pharma majors to develop psychedelic treatments for depression and other mental health conditions. The…...
Three things to know about Trump’s election fraud allegations
2+ hour, 48+ min ago (587+ words) July 16 (Reuters) – President Donald Trump renewed his campaign to cast doubt on U.S. elections on Thursday, declassifying intelligence he said exposed fraud and foreign interference despite intelligence findings and independent studies that undercut several of his claims. Trump has made…...
Trading Day: Sinking chips
8+ hour, 53+ min ago (618+ words) ORLANDO, Florida, July 16 (Reuters) – A shakeout in U.S. semiconductor stocks tanked the tech-heavy Nasdaq on Thursday as AI jitters spread globally, while solid U.S. economic data helped lift the dollar and Treasury yields. In my column today, I look at…...
UN experts concerned by Trump’s removal of immigration judges
9+ hour, 18+ min ago (286+ words) WASHINGTON, July 16 (Reuters) – The Trump administration’s removal of more than 100 immigration judges is undermining the independence of the courts and the U.S. justice system, a panel of independent experts appointed by the United Nations Human Rights Council said on…...
NTSB finds evidence of bird strike before fatal New York helicopter crash
6+ hour, 52+ min ago (289+ words) WASHINGTON, July 16 (Reuters) – The National Transportation Safety Board said Thursday it found evidence of a bird strike before a tourist helicopter plummeted upside down into New York City’s Hudson River in April 2025, killing all six people on board. The accident…...
Trump alleges China committed interference in 2020 election
4+ hour, 48+ min ago (190+ words) WASHINGTON, July 16 (Reuters) – U.S. President Donald Trump said on Thursday that China carried out what is believed to be “the largest compromise of election data in history” by China starting during the 2020 election cycle. The compromise, the White House said,…...
Blanche to meet with Epstein survivors after Tillis demand
8+ hour ago (370+ words) WASHINGTON, July 16 (Reuters) – Acting Attorney General Todd Blanche will meet with victims of Jeffrey Epstein and their lawyers on Thursday as he faces a contentious vote on his nomination in the Senate, according to two people familiar with the situation....