Nvidia has hired veteran lobbyist Bruce Andrews to head government affairs in Washington, D.C., two sources briefed on the matter said on Thursday. Andrews served as chipmaking rival Intel's government affairs chief under former CEO Pat Gelsinger. During the Obama administration, Andrews was a Commerce Department official.
Nvidia has hired veteran lobbyist Bruce Andrews to head government affairs in Washington, D.C., two sources briefed on the matter said on Thursday. Andrews served as chipmaking rival Intel's government affairs chief under former CEO Pat Gelsinger. During the Obama administration, Andrews was a Commerce Department official.
Michael Vi/iStock Editorial via Getty Images US Foods ( USFD ) secured a maximum ~$167M firm-fixed-price contract with an economic price adjustment for full-line food and beverage supply. It is a 329-day bridge contract with no option periods, with the ordering period running until May 8, 2027. The contract will be funded through FY2026–FY2027 Defense Working Capital Funds. The contracting activit...
Michael Vi/iStock Editorial via Getty Images US Foods ( USFD ) secured a maximum ~$167M firm-fixed-price contract with an economic price adjustment for full-line food and beverage supply. It is a 329-day bridge contract with no option periods, with the ordering period running until May 8, 2027. The contract will be funded through FY2026–FY2027 Defense Working Capital Funds. The contracting activity is Defense Logistics Agency Troop Support. More on US Foods US Foods Holding Corp. (USFD) Presents at 23rd annual dbAccess Global Consumer Conference Transcript US Foods Holding Corp. 2026 Q1 - Results - Earnings Call Presentation US Foods Holding Corp. (USFD) Q1 2026 Earnings Call Transcript US Foods reaffirms 2026 outlook for 9%-13% adjusted EBITDA growth amid elevated fuel costs US Foods Non-GAAP EPS of $0.78 misses by $0.03, revenue of $9.6B misses by $60M
Super Micro Computer (NASDAQ:SMCI), a developer of server and storage solutions based on modular and open-standard architecture, closed at $31.97, up 9.22%. The stock rose as investors evaluated the company’s $7 billion equity and equity-linked financing plan for its large but ca
Super Micro Computer (NASDAQ:SMCI), a developer of server and storage solutions based on modular and open-standard architecture, closed at $31.97, up 9.22%. The stock rose as investors evaluated the company’s $7 billion equity and equity-linked financing plan for its large but ca
Nasdaq's third annual Global Retail Executive Forum brought together executives from across the global retail brokerage industry, nearly half from Asia, for two days of panels, working sessions, and the kind of closed-door conversations that don't happen regularly.
Nasdaq's third annual Global Retail Executive Forum brought together executives from across the global retail brokerage industry, nearly half from Asia, for two days of panels, working sessions, and the kind of closed-door conversations that don't happen regularly.
Uber Technologies (NYSE: UBER) has become a dominant ride-hailing and delivery platform. However, its shares have disappointed investors. They're down 14% in 2026 (as of June 10), while trading 30% below their peak. It's worth taking a closer look. Uber trades at a price-to-earnings multiple (P/E) of just 17.5, which is much cheaper than the overall market. But if you're new to this growth stock i...
Uber Technologies (NYSE: UBER) has become a dominant ride-hailing and delivery platform. However, its shares have disappointed investors. They're down 14% in 2026 (as of June 10), while trading 30% below their peak. It's worth taking a closer look. Uber trades at a price-to-earnings multiple (P/E) of just 17.5, which is much cheaper than the overall market. But if you're new to this growth stock in 2026, it's important to understand a key variable driving the company's success. Image source: Getty Images. Continue reading
Elon Musk’s SpaceX on Thursday confirmed it will begin trading on the Nasdaq exchange Friday in the biggest initial public offering in history, a blockbuster market debut that could propel the entrepreneur to trillionaire status. In a filing with the US markets regulator, the company priced more than 555 million shares at US$135 each, placing SpaceX in the top 10 of Wall Street’s biggest companies...
Elon Musk’s SpaceX on Thursday confirmed it will begin trading on the Nasdaq exchange Friday in the biggest initial public offering in history, a blockbuster market debut that could propel the entrepreneur to trillionaire status. In a filing with the US markets regulator, the company priced more than 555 million shares at US$135 each, placing SpaceX in the top 10 of Wall Street’s biggest companies with a valuation of just under US$1.8 trillion. It will be valued more than Musk’s own Tesla car...
Taiwan Semiconductor Manufacturing (TWSE:2330) received shareholder approval to amend its Articles of Incorporation at the 2026 Annual Shareholders' Meeting. The amendments relate to the company's core governing document, which defines its corporate structure, decision making framework, and key governance rules. This vote formally authorizes TSMC's board and management to operate under the updated...
Taiwan Semiconductor Manufacturing (TWSE:2330) received shareholder approval to amend its Articles of Incorporation at the 2026 Annual Shareholders' Meeting. The amendments relate to the company's core governing document, which defines its corporate structure, decision making framework, and key governance rules. This vote formally authorizes TSMC's board and management to operate under the updated Articles from this point forward. Taiwan Semiconductor Manufacturing, or TSMC, is a major...
Good morning, it’s Ainslie here in Sydney. My colleague Angus Whitley has taken a look at plans for a high-speed rail line spanning the 120 kilometers between Sydney and Newcastle, which could slice as much as two hours off the trip and connect the cities in just an hour, potentially alleviating pressure on the housing market. The A$94 billion bullet train project is seen as a pipe dream but the m...
Good morning, it’s Ainslie here in Sydney. My colleague Angus Whitley has taken a look at plans for a high-speed rail line spanning the 120 kilometers between Sydney and Newcastle, which could slice as much as two hours off the trip and connect the cities in just an hour, potentially alleviating pressure on the housing market. The A$94 billion bullet train project is seen as a pipe dream but the man entrusted with laying the groundwork to make it a reality is locked in. “This can be delivered, and should be delivered,” said Tim Parker, the first head of Australia’s High Speed Rail Authority, in an interview. Elsewhere, the name on everybody’s lips is: SpaceX . Keep your eyes on Bloomberg.com for all the details as the company starts trading on Friday in the US, after raising a record $75 billion. — Ainslie Chandler, Sydney Bureau Chief What’s happening now Can they deliver? Even as cynics deride the project as fantasy, the High Speed Rail Authority’s Parker said he’ll “ copy shamelessly ” from models in Europe, Japan and China in the two years his team have been given to design, plan and prepare construction contracts for the Sydney to Newcastle line. Demand for mortgages is falling as tax changes weaken appetite for real estate, Westpac Bank said. The bank said mortgage applications were headed for their worst quarter in a year. It’s a good time to be a farmer in New Zealand, writes my colleague Tracy Withers, who spent some time at a major expo in Waikato this week. Incomes are up thanks to high prices for commodities ranging from milk to meat , while balance sheets in the dairy sector have been boosted by dividends from milk processing giant Fonterra Cooperative Group. You can read more here . Meanwhile, New Zealand’s government could need to pay as much as NZ$5 billion if it purchases overseas carbon credits to help meet 2030 emissions-cutting targets under the Paris Agreement. Activist investor Elliott Investment Management hit back at Australia’s biggest gold ...