AMSTERDAM (Reuters) – Billionaire Bill Ackman said on Friday he would seek to delist investment firm Pershing Square Holdings and…
Year: 2024
Datadog raises annual forecast betting on AI-driven cybersecurity demand
(Reuters) – Cloud monitoring firm Datadog raised its annual revenue and profit forecasts on Thursday, betting on accelerating demand for…
Block revenue misses Street expectation, shares slide
(Reuters) -Payments firm Block’s third-quarter revenue fell short of Wall Street expectations on Thursday, signaling a slowdown in consumer spending…
Putin praises Trump, says Russia is ready for dialogue
By Vladimir Soldatkin and Guy Faulconbridge SOCHI, Russia (Reuters) -Russian President Vladimir Putin on Thursday congratulated Donald Trump on winning…
US rate futures price in more Fed easing in December and 2025
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Futures on the federal funds rate, which measure the cost of unsecured overnight…
Tesla investors lose bid for new US trial over Musk’s 2018 tweets
By Nate Raymond (Reuters) – A U.S. appeals court on Wednesday upheld a jury’s verdict clearing Tesla CEO Elon Musk…
Hedge funds turn attentions to bank, bond and oil trades under Trump
By Nell Mackenzie LONDON (Reuters) – Hedge funds BlueBay and Phoenix were turning their attentions to crude oil, U.S. Treasuries…
Trump triumph fuels surge in US stocks and dollar, Treasuries slide
By Lewis Krauskopf and Amanda Cooper NEW YORK/LONDON (Reuters) -Donald Trump’s victory in the U.S. presidential election unleashed a massive…
Trump’s economic plan hinges on tax cuts, tariffs, immigration crackdown
WASHINGTON (Reuters) – U.S. President-elect Donald Trump will retake the White House with ambitious plans for broad import tariffs, immigration…
Wall Street looking for CVS to show execution plan
By Amina Niasse NEW YORK (Reuters) – CVS Health’s David Joyner is expected to address how he will better manage…