By Tim Reid WASHINGTON (Reuters) – U.S. President Donald Trump is expected to boast about his sweeping cuts to the federal bureaucracy during an address to a joint session of Congress on Tuesday night, with praise for tech billionaire Elon Musk’s so-called Department of Government Efficiency (DOGE). Trump has given Musk and his DOGE team […]
Nvidia-backed cloud firm CoreWeave reveals revenue surge in US IPO filing
By Arasu Kannagi Basil (Reuters) -Nvidia-backed CoreWeave’s revenue surged more than eight-fold in 2024, the cloud provider disclosed on Monday in its U.S. initial public offering paperwork, as the startup presses ahead with the first major artificial intelligence listing in New York this year. The filing lays the groundwork for what could be one of […]
What Trump’s tariffs mean for markets
(Reuters) – Major stock indexes fell in volatile trade on Tuesday, with the Nasdaq Composite index at one point down 10% from its December record high, while Treasury yields also seesawed as the United States hit Canada, Mexico and China with steep tariffs. The tariff move by U.S. President Donald trump fueled investor worries on […]
Exclusive-US and Ukraine prepare to sign minerals deal on Tuesday, sources say
By Erin Banco, Gram Slattery and Andrea Shalal NEW YORK (Reuters) – U.S. President Donald Trump’s administration and Ukraine plan to sign the much-debated minerals deal following a disastrous Oval Office meeting Friday in which Ukrainian President Volodymyr Zelenskiy was dismissed from the building, four people familiar with the situation said on Tuesday. President Donald […]