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Russia will spend 10 billion roubles on car demand support in 2019: TASS
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MOSCOW (Reuters) – Russia will spend about 10 billion roubles ($143 million) on its car demand support program in 2019, Industry and Trade Minister Denis Manturov was quoted as saying by the TASS news agency on Saturday. Reporting by Polina Devitt; Editing by Kevin Liffey Our Standards:The Thomson Reuters Trust Principles.

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Nvidia's upbeat forecast powered by data center, cryptocurrency demand
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(Reuters) – Nvidia Corp’s (NVDA.O) upbeat current-quarter revenue forecast on Thursday underscored surging demand for its graphics chips used in data centers, gaming devices and cryptocurrency mining, sending its shares up as much as 12 percent in extended trading. The company, which also reported better-than-expected quarterly results, is reaping the benefits from the launch of […]

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Akamai revenue, profit top estimates on robust cloud demand
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(Reuters) – Akamai Technologies Inc’s (AKAM.O) profit and revenue topped analysts’ estimates on Tuesday, and the company said it had cut about 400 positions, or 5 percent of its global workforce. The company’s shares were up 8.2 percent at $68.87 in extended trading. Activist investor Elliott Management, which has disclosed a 6.5 percent stake, would […]

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