By Stephen Nellis (Reuters) – Helion, a startup working to generate electricity from nuclear fusion, on Tuesday said it has raised $425 million in venture funding from a group of investors including SoftBank Group’s Vision Fund 2. The Everett, Washington-based Helion said the funding will help it speed up the development of its next generation […]
Factbox-All of Donald Trump’s tariff threats
(Reuters) – Upon returning to office, U.S. President Donald Trump has launched numerous tariff threats. They range from broad ones – a universal tariff on foreign-imported goods – to ones aimed at specific sectors, regions, or at specific countries in an effort to get others to meet his policy demands. However, Trump’s threats have changed […]
Smithfield Foods to keep US pork plants open, eyes tariffs amid IPO, CEO says
By Tom Polansek and Juveria Tabassum (Reuters) – Smithfield Foods does not plan to close more U.S. pork processing plants, Chief Executive Shane Smith said on Tuesday, as the company returned to a U.S. exchange after more than a decade in a spinoff by Hong Kong-based WH Group. The biggest U.S. pork processor also is […]
Nvidia options draw dip buyers as shares rebound
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Monday’s massive selloff in AI-darling Nvidia’s shares did little to blunt options traders’ enthusiasm for the chipmaker’s shares, with traders quick to pile back into bullish Nvidia contracts as the stock recovered on Tuesday. Nvidia shares slumped about 17% or close to $593 billion in market value […]