by
in News
Treasury yields nudge higher as traders eye May jobs data
Treasury yields rose Wednesday after a four-day slide on soft U.S. economic data.
News
by
in News
Equities in Dallas could have new meaning as BlackRock, Citadel back upstart Texas Stock Exchange
BlackRock and Citadel Securities are backing an upstart stock exchange to be called the Texas Stock Exchange that will be based in Dallas
by
in News
Novelis postpones its nearly $1 billion U.S. IPO
Hindalco-backed aluminum recycling company Novelis has postponed its U.S. listing of over $900 million, citing market conditions.
by
in News
Elon Musk confirms reallocating thousands of Nvidia AI chips from Tesla
Tesla Inc. Chief Executive Elon Musk confirmed Tuesday that he diverted thousands of Nvidia Corp. chips from the EV maker.
by
in News
HP Enterprise finally gets an AI bump, but server margins are a concern
Hewlett Packard Enterprise is finally seeing a boost from artificial intelligence, in the form of server sales, but margins are a bit of a concern in what is becoming a competitive arena.
by
in News
EV maker Fisker defaults on $3.5 million short-term loan
Beleaguered electric-vehicle maker Fisker said it had defaulted on a short-term loan given in May.
4 de junho de 2024
by
in News
AT&T reports ‘nationwide issue’ affecting calls between carriers
AT&T mobile customers have reported problems making phone calls on Tuesday, according to AT&T responses to customers on X, media reports and Downdetector.
by
in News
Mexican peso extends losses, but stocks gain after post-election selloff
The selloff in the Mexican peso in the wake of the ruling party’s overwhelming election victory continued at a slower pace Tuesday, and stocks recovered some of the ground lost in the wake of the vote.
by
in News
India ETF slides most since 2021 after Modi’s narrower-than-expected win stuns
Shares of a popular exchange-traded fund that buys stocks in India sank Tuesday, after Prime Minister Narendra Modi’s claimed an election victory with surprisingly less support than expected.
4 de junho de 2024
by
in News
Trump Media CEO Nunes says trading ‘anomalies’ are ‘growing even more severe’
Devin Nunes’ complaints revolve around suspicions of illegal ‘naked’ short-selling
by
in News
Intel, Apollo strike $11 billion deal over chip-manufacturing plant in Ireland
Apollo will lead an $11 billion investment and acquire a 49% equity stake from Intel in the Fab 34 facility in Leixlip, Ireland.
4 de junho de 2024
by
in News
Bath and Body Works looks to men as it seeks return to growth
With overall sales declining, Bath and Body Works has found a younger customer base on the men’s side.
by
in News
New York Community Bank CEO Joseph Otting to become company’s chair too
New York Community Bank Chief Executive Joseph Otting will become chair of the company, succeeding Alessandro DiNello, who briefly led the bank during its tumultuous period earlier this year.
by
in News
You need to prepare your finances for a recession
Economic signals are flashing amber.
by
in News
Stitch Fix’s narrower loss, better guidance fuels stock’s 20% rally
Online styling company posted a narrower-than-expected quarterly loss and unveiled a current-quarter guidance that was also better than hoped.
by
in News
Tommy Hilfiger and Calvin Klein parent PVH Corp. raises profit outlook despite ‘continued tough macroeconomic backdrop’
PVH Corp., the company behind Tommy Hilfiger and Calvin Klein, raised its profit outlook for the full year on Tuesday despite weaker quarterly sales, saying it was confident in its longer-term plans to grow sales and profit in North America and abroad.
by
in News
Max raises prices for its ad-free plans ahead of ‘House of the Dragon’ premiere
The Warner Bros. Discovery streaming service is raising prices on its ad-free plans, two weeks ahead of the premiere of the highly anticipated second season of the “Game of Thrones” prequel “House of the Dragon.”
by
in News
Roaring Kitty is taking us to GameStop fantasyland: No short squeeze is coming
Here’s the reality: GameStop has few growth prospects and questionable survival potential.
4 de junho de 2024
by
in News
The No. 1 issue for young Americans this election? Not student loans, abortion or guns — it’s housing.
Americans across demographics shared the issues they care about the most in a Redfin survey.
by
in News
HPE scores a big revenue beat fueled by AI, and its stock rockets
Earnings top expectations as well, even as networking business remains pressured.
