By Yuvraj Malik (Reuters) -Dell Technologies shares surged 25% to hit a record high on Friday, following an upbeat annual forecast that indicated the tech equipment maker was benefiting from the AI boom. The stock climbed to $118.8, and was set to add $17.7 billion to...
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Reuters
Fed’s Waller: Upcoming balance sheet decisions have no bearing on monetary policy
By Howard Schneider NEW YORK (Reuters) - The Federal Reserve's upcoming decisions about the ultimate size of its balance sheet has no bearing on the central bank's inflation fight or changes to its policy interest rate, Fed Governor Chris Waller said Friday. "Balance...
Meta rebuffs Google’s virtual reality tie-up proposal, The Information reports
(Reuters) -Meta Platforms decided against a partnership with Alphabet to use Google's Android XR platform for its virtual and mixed-reality Quest headsets, The Information reported on Friday. Google had suggested that Meta partnered with its new software platform that...