By Samrhitha A and Anirban Sen NEW YORK (Reuters) -Chipmaker Broadcom is selling a unit that allows users to access desktops and applications from any device to private-equity firm KKR in a $4-billion deal to streamline its portfolio after the $69-billion purchase of...
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Business
S&P, Dow eke out another record closing high as Nvidia momentum endures
By David French (Reuters) - The S&P 500 and Dow Jones Industrial Average eked out another closing record high on Friday, with all three Wall Street benchmarks scoring weekly gains, as artificial intelligence stocks had enough steam to keep the rally chugging...
Stocks eke out gain as Nvidia rally slows, yields slip
By Herbert Lash NEW YORK (Reuters) -A gauge of global equity markets lost steam on Friday but still set a new high amid optimism over Nvidia's potent results, while Treasury yields fell as the market bet that the Federal Reserve will not cut interest rates until at...