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Nvidia will consider investing in OpenAI IPO, CEO Huang tells CNBC
Reuters· 2026-02-03 20:11
Nvidia would consider investing in OpenAI's next fundraising round and also in the startup's eventual IPO, CEO Jensen Huang told CNBC in an interview on Tuesday. ...
Senator says AT&T, Verizon blocking release of Salt Typhoon security assessment reports
Reuters· 2026-02-03 19:07
Core Viewpoint - Democratic Senator Maria Cantwell has accused Verizon and AT&T of obstructing the release of crucial documents related to a significant Chinese espionage operation, known as Salt Typhoon, which has allegedly infiltrated U.S. telecommunications networks. She is calling for the CEOs of these companies to testify before Congress to address these concerns [1]. Company and Industry Summary - Verizon and AT&T are being scrutinized for their role in withholding information regarding the Salt Typhoon operation, which raises concerns about national security and the integrity of U.S. telecommunications [1]. - The call for the CEOs of Verizon and AT&T to appear before Congress indicates a growing legislative interest in the security practices of major telecommunications companies and their potential vulnerabilities to foreign espionage [1].
Santander to buy Webster Financial in $12.2 billion deal
Reuters· 2026-02-03 18:39
Spain's Santander said on Tuesday it will buy U.S. regional lender Webster Financial in a $12.2 billion deal. ...
Investors ramp up bets on steeper yield curve under Warsh-led Fed
Reuters· 2026-02-03 18:38
Core Viewpoint - Investors are increasing their investments in long-dated Treasury yields and anticipating a steeper yield curve due to expectations that incoming Federal Reserve Chair Kevin Warsh will advocate for interest rate cuts while also reducing the U.S. central bank's balance sheet [1] Group 1 - There is a growing sentiment among investors towards higher long-dated Treasury yields [1] - The expectation of a steeper yield curve is linked to the anticipated policy changes under Kevin Warsh's leadership [1] - The Federal Reserve's balance sheet is expected to shrink as part of the new monetary policy approach [1]
Obesity stocks slump on Novo's underwhelming 2026 sales forecast
Reuters· 2026-02-03 18:27
Shares of obesity drugmakers and developers slid on Tuesday after Novo Nordisk forecast a sharper-than-expected sales decline for 2026, underscoring intensifying competition in the blockbuster weight-loss market. ...
Intel CEO says company will make GPUs, has hired lead executive
Reuters· 2026-02-03 18:17
Intel CEO Lip-Bu Tan on Tuesday said the company plans to build graphics processing units (GPUs), the category of chip popularized by Nvidia. ...
US soon to license expanded oil production in Venezuela, sources say
Reuters· 2026-02-03 18:16
The U.S. government is working to issue as early as this week a general license allowing companies to produce oil and gas in Venezuela, as the Trump administration seeks to expand output from the OPEC... ...
Alphabet plans major India expansion as US tightens visa rules, Bloomberg News reports
Reuters· 2026-02-03 18:07
Google-parent Alphabet is planning to dramatically expand its presence in India, with the possibility of taking millions of square feet in new office space in Bengaluru, India's tech hub, Bloomberg Ne... ...
Marathon Petroleum buys Venezuelan crude for US refineries
Reuters· 2026-02-03 18:01
Group 1 - Marathon Petroleum purchased two cargoes of Venezuelan crude oil at the end of January [1] - The company expects its refineries to process more heavy grades of crude oil [1]
Waymo to defend self-driving safety record, warn on China competition
Reuters· 2026-02-03 17:45
Core Viewpoint - Waymo will defend its safety record before the U.S. Senate Commerce Committee following investigations into an incident where a vehicle struck a child [1] Group 1 - Waymo is a self-driving company that is facing scrutiny from federal agencies regarding its safety protocols [1] - The incident involving a child being struck by a Waymo vehicle has prompted investigations, highlighting concerns over the safety of autonomous vehicles [1] - The upcoming Senate hearing represents a critical moment for Waymo to address these safety concerns and reinforce its commitment to public safety [1]