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News
Exclusive-China's AI chipmakers raise prices as high-bandwidth memory shortage bites
4+ day, 6+ hour ago (638+ words) A person visits the World Artificial Intelligence Conference in Shanghai, China July 26, 2025. REUTERS/Go Nakamura Sept 10 (Reuters) - Chinese AI chipmakers including Huawei Technologies and Cambricon have sharply raised prices for current and next-generation AI processors, three people familiar with the…...
Target apologizes for children's clown Halloween costume after backlash | Top News | lufkindailynews.com
2+ week, 6+ day ago (376+ words) By Nicholas P. Brown and Neil J Kanatt Aug 24 (Reuters) - Target apologized on Monday and said it had pulled a Halloween costume from sale depicting a circus clown that critics said evoked Blackface and minstrel shows. The product, sold as the…...
Walmart sales growth slowdown tests consumer resilience, shares slide 9%
3+ week, 3+ day ago (687+ words) A Walmart store is shown in Oceanside, California, U.S., May 15, 2025. REUTERS/Mike Blake By Juveria Tabassum and Nicholas P. Brown Aug 20 (Reuters) - Walmart on Thursday reported its slowest quarterly comparable sales growth in six years and warned shoppers were likely being squeezed…...
Walmart sales growth slowdown tests consumer resilience, shares slide 10%
3+ week, 3+ day ago (691+ words) A Walmart store is shown in Oceanside, California, U.S., May 15, 2025. REUTERS/Mike Blake By Juveria Tabassum and Nicholas P. Brown Aug 20 (Reuters) - Walmart on Thursday reported its slowest quarterly comparable sales growth in six years and warned shoppers were likely being squeezed…...
Nvidia to ship AI chip for China by year-end, The Information reports
3+ week, 3+ day ago (173+ words) Aug 20 (Reuters) - Nvidia plans to start shipping small volumes of an AI chip designed for Chinese customers by year-end, The Information reported on Thursday, citing two employees. Several Chinese customers have already ordered the chip, a version of Nvidia's language…...
Walmart reports rare sales miss as consumers cut spending, shares fall
3+ week, 3+ day ago (647+ words) A Walmart store is shown in Oceanside, California, U.S., May 15, 2025. REUTERS/Mike Blake By Juveria Tabassum and Nicholas P. Brown Aug 20 (Reuters) - Walmart missed quarterly comparable sales estimates for the first time in at least five years on Thursday, underscoring the strain…...
Target lifts annual forecasts again as Fiddelke's turnaround takes root (August 19) | Business | lufkindailynews.com
3+ week, 4+ day ago (765+ words) (Corrects spelling of Fiddelke in paragraph 7) By Juveria Tabassum and Nicholas P. Brown Aug 19 (Reuters) - Target raised its annual sales forecast for a second time this year as efforts to cut prices and freshen merchandise yielded results, while its quarterly profit…...
Walmart reports rare comparable sales miss as consumers cut spending, shares fall
3+ week, 4+ day ago (493+ words) By Avinash P and Purvi Agarwal Aug 20 (Reuters) - U.S. stock… SALINAS, California, Aug 20 (Reuters) - Taylor Farms, the pr… A Walmart store is shown in Oceanside, California, U.S., May 15, 2025. REUTERS/Mike Blake By Juveria Tabassum and Nicholas P. Brown Aug 20 (Reuters)…...
Nvidia H200 chips reach China in small shipments, FT reports
3+ week, 5+ day ago (182+ words) Aug 18 (Reuters) - Small batches of Nvidia's H200 chips, one of the company's most powerful AI chips, have been allowed to enter mainland China, the Financial Times reported on Tuesday, citing two people with knowledge of the matter. ByteDance and Tencent have…...
Home Depot rides steady repair demand as housing market remains subdued | Business | lufkindailynews.com
3+ week, 5+ day ago (531+ words) People shop at a Home Depot in Washington, D.C., U.S., July 15, 2025. REUTERS/Jonathan Ernst By Angela Christy M Aug 18 (Reuters) - Home Depot beat Wall Street estimates for second-quarter sales and profit on Tuesday, as strong demand from customers for repair and maintenance…...