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AI has ushered in a lot of never-happened-before moments, but one of the most transformative is its impact on enterprise IT. Companies that have historically been cautious and committed long-term to what they buy are on pace to spend $4.25 trillion on technology in 2026, market r

DETROIT — Major automakers operating in the U.S. are increasing pressure on Congress to permanently ban the domestic sale, import and manufacturing of Chinese connected vehicles, hardware and software. The Alliance for Automotive Innovation, which represents the vast majority of

Nvidia Expands Its Open Source AI Presence With $12.9 Billion Hugging Face Buy Nvidia co-founder and chief executive officer Jensen Huang was among hundreds of executives with other tech companies who in July signed an open letter about why open source AI and, particularly open w

Shares of Lululemon plunged 15% on Thursday after the retailer reported another quarter of disappointing results and cut its outlook for the year. The company reported a 4% decline in revenue and a comparable sales decrease of 9% for the second fiscal quarter. It was only the lat

(Updates to close)Sept 3 (Reuters) - Canada's main stock index rose on Thursday, strengthened by mining, technology and financial stocks, recording its biggest one-day jump in about a month.The S&P/TSX Composite Index rose 1.5% to 36,633.12.* The materials sector that includes Ca

Canadian Prime Minister Mark Carney on Thursday returned fire after Trump administration Commerce Secretary Howard Lutnick claimed Ottawa tanked trade talks with the U.S. for political purposes. "I don't think, with all respect, appointed, unelected Cabinet members in the United

Zscaler stock soared on Thursday after the cloud security company beat Wall Street's fiscal fourth-quarter estimates as rising artificial intelligence risk spurred urgent demand for cyber tools. Here's how the company performed compared to LSEG estimates: - Earnings per share: $1

Zscaler stock soared on Thursday after the cloud security company beat Wall Street's fiscal fourth-quarter estimates as rising artificial intelligence risk spurred urgent demand for cyber tools. Here's how the company performed compared to LSEG estimates: - Earnings per share: $1

Having more than 150 non-human primates at a research center fall ill with diarrhea in a stomach-churning outbreak that flowed for over two years doesn’t sound much like good fortune. But for some scientists, it kind of was, providing a heaping pile of valuable data on how they m

The S&P 500 rose 81.67 points, or 1.07%, to 7,748.27, while the Nasdaq Composite gained 366.39 points, or 1.40%, to 26,584.21. The Dow Jones Industrial Average added 627.37 points, or 1.18%, to 53,689.32. Waller told Reuters he would be inclined to leave interest rates unchanged

Off the Wire Press Releases A new MCP server lets AI agents operate Fuzzball under explicit permission, and the workflows running inside the cluster can now direct additional work themselves. RENO, Nev., Sept. 3, 2026 — CIQ, the enterprise software company behind Rocky Linux, tod

ChargePoint Holdings CEO Rick Wilmer believes a surge in the electric vehicle charging company's stock Thursday is just "the beginning of the momentum," he told CNBC. Shares of ChargePoint soared more than 70% Thursday after the company significantly beat Wall Street's second-qua

* Broadcom drops after forecast misses lofty AI expectations * Snowflake surge lifts software stocks * Investors eye Friday's payrolls data for Fed rate clues (Updates to market close) By Stephen Culp and Niket Nishant NEW YORK, Sept 3 (Reuters) - Wall Street rallied on Thursday

Nepal tunnel rescuers hunt for survivors with rafts and drone Eight days on from the deadly flash floods on the Nepal-Tibet border, rescuers were still looking for survivors who are thought to be trapped inside tunnels along Nepal's Trishuli River. At least 1,200 people have died

British army told to stop non-essential training exercises to save money - Published The Army has been told to stop "non-essential" training exercises to save money, according to a defence source. It will continue to train soldiers preparing to be deployed or on deployments - suc

A prominent US senator is asking the National Security Agency to provide guidance to the general public on best practices for using virtual private networks to secure their communications from spying by foreign adversaries. VPNs funnel all of a user’s Internet traffic through an

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Today could be the day Tesla changes forever. In a couple of hours, Tesla will “launch” the Cybercab — a small, gold, two-seater sedan with no steering wheel or pedals that uses cameras and AI to navigate the world — in its hometown of Austin, Texas. The company hasn’t said what

New Jersey yesterday asked the Supreme Court to rule on whether states can regulate sports betting on prediction markets such as Kalshi. “Companies like Kalshi claim to offer legal sports betting in all 50 states, but they refuse to follow the gambling laws of any state,” New Jer

The August jobs report set to be released Friday is expected to put the final touches on what has been a relatively jobless summer. If expectations hold, the Bureau of Labor Statistics count will show growth of just 53,000 in nonfarm payrolls, according to the Dow Jones consensus

Thinking Machines, the AI lab founded early last year by former OpenAI CTO Mira Murati, is in discussions to raise $1 billion at a valuation of at least $40 billion, The Information reported Thursday. Existing backer Accel is in talks to lead the fundraise, according to our sourc

Three farmers detained by Israel in Lebanon, village leader says - Published Three Lebanese farmers have been detained by Israeli forces in southern Lebanon, according to the leader of their village. Issa Abedelaal told the BBC that Israeli forces called the three farmers on thei

Fusion startup Realta Fusion this week announced a deal with Madison Gas and Electric that will place one of the first grid-connected fusion power plants in the country in Wisconsin. The partnership comes as utilities around the world have been jockeying to court fusion startups,

Listen to this article in summarized format Banks are looking at semi-fixed home loans to deploy a surge in surplus liquidity following a record mobilisation of funds through the RBI's FCNR(B) scheme, while protecting lending margins amid uncertainty over interest rates. Read mor

So much for the September seasonal doldrums. Options traders are kicking off the historically worst month for stocks by piling on bullish bets on a handful of retail trading favorites that are known for big swings and speculative activity. Trading volume was above average on Thur

The Federal Reserve should cut interest rates to make homes more affordable, Vice President JD Vance said Thursday, adding to the pressure President Donald Trump has placed on the central bank to cut borrowing costs. The remarks came days after Trump's handpicked Fed chair, Kevin

An estimate by Bernstein suggests that the excess investment buffer could support around 1.7% incremental loan growth on the PSB loan book of ₹127.9 lakh crore. Bernstein's calculation is based on the amount of high-quality liquid assets (HQLA) held by state-owned banks over what

Oil prices were little changed Thursday as Iran continued to strike U.S. Gulf allies with Kuwait intercepting incoming missiles and drones. Brent crude futures fell 11 cents to close at $95.52 per barrel. The international benchmark broke $97 earlier in the session. U.S. West Tex

Nvidia acquires Hugging Face for $12.93 billion — company gains control of major AI model distribution platform The move strengthens Nvidia's position in the AI market. Nvidia started its AI business with humble AI accelerators, then moved to AI servers, and later to rack-scale a

Microsoft's Xbox unit said Thursday that it will impose monthly cloud gaming time limits for Game Pass subscribers after years of unlimited access, as the company seeks to find a better balance between usage and costs. Players will be able to pay for additional hours beyond the c

Microsoft's Xbox unit said Thursday that it will impose monthly cloud gaming time limits for Game Pass subscribers after years of unlimited access, as the company seeks to find a better balance between usage and costs. Players will be able to pay for additional hours beyond the c

Fifa accuses Uefa of 'smear campaign' against Infantino - Published Fifa has accused Uefa of a "smear campaign against it and its leadership" in a challenge to litigation over president Gianni Infantino's scrapped plan to sell off stakes in the World Cup to private investors. Las

Robinhood could see a sizable boost to its prediction market revenue as football season begins next week, according to a Wednesday note from Piper Sandler. Earlier this summer, the World Cup paved the way for explosive volume growth in prediction markets, and it suggests strong n

Tottenham Hotspur, a professional soccer team that’s part of the Premier League, has saved over 85 percent in licensing fees by replacing its stadium’s VMware instance with Hewlett-Packard Enterprise’s (HPE’s) Morpheus VM Essentials (VME) virtualization software. Tottenham hasn’t

Ashes tickets pricing people out of game - Vaughan - Published Former England captain Michael Vaughan says the rise in the cost of tickets to next year's men's Ashes are "pricing a lot of people out of the game". Having labelled a 43% price increase for the 2027 Test at Edgbaston

* Fed's Waller says he is inclined to keep rates steady if data confirms cooling inflation * Markets price 50.4% chance of September Fed hike, down from 63.2%, CME FedWatch shows * Weekly initial jobless claims rise 2,000 to 206,000, Labor Department data shows (Updates to aftern

Power electronics startup Leanwatts has raised approximately $2 million (Rs 18.15 crore) in a seed funding round across two tranches, led by Trivest Partners, with participation from angel investors Abraham George and Alok Rungta. The company said in a press release that it will

Spot gold rose 2.3% to $4,488.54 per ounce by 02:04 p.m. ET(1804 GMT), after touching its highest since August 28 earlier in the session. U.S. gold futures settled 2.8% higher at $4539.9. Christopher Waller said on Thursday that if upcoming data confirms inflation pressures are c

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It just became much easier to access one of the world’s most capable open-weight AI models, stripped of its guardrails and refusals to perform harmful tasks. Named after a technique that removes a model’s tendency to refuse harmful requests, startup Abliteration.ai has turned tha

Used car marketplace Cars24 managed to trim its net loss for the fiscal year FY26 by 18.7% to ₹441.1 Cr from ₹542.7 Cr in the previous fiscal. The improvement in the bottom line came despite a dip in the IPO-bound startup’s top line. Cars24’s operating revenue declined 18.3% to ₹

AI data centres are booming in Australia - but at what cost? - Published The sheer size and noise of data centres are what people tend to notice first. Some say they sound like a jet plane about to take off, others complain of a high-pitched whine. When Lucy* puts her child to be