By Sabrina Valle and Sruthi Shankar NEW YORK (Reuters) -The S&P 500 and Nasdaq edged up to record highs on Monday and were set to close their best quarter in over a year, rebounding sharply from April lows as hopes for trade deals and possible rate cuts ease investor uncertainty. The S&P 500 has gained over 10% for the quarter, the Nasdaq rose more than 17%, and the Dow has climbed over 4. ...
By Jesús Aguado MADRID (Reuters) -Spain’s BBVA (BME:BBVA) said on Monday it would move ahead with its hostile takeover bid for Sabadell despite the government effectively blocking it from fully merging with its smaller rival for at least three years. In a further twist to a deal’s process that began in April 2024, BBVA’s arch-rival Santander (BME:SAN) has put in a binding offer for Sabadell ...
Investing.com -- Harvard University’s negotiations with the White House have stalled, potentially delaying a resolution to a standoff that could impact the school’s finances and disrupt foreign student plans, according to a Bloomberg report on Monday. The talks hit a roadblock last week, though possibilities for an agreement still exist, the report added. On Monday, the Trump administration in ...
Investing.com -- Baidu (NASDAQ:BIDU) has officially announced that its ERNIE 4.5 series of AI models is now open source, making it available to the global AI community for research and development under the Apache 2.0 license. The ERNIE 4.5 family includes 10 different variants, ranging from Mixture-of-Experts (MoE) models with 47 billion and 3 billion active parameters to a 0.3 billion dense mode ...