(Reuters) – Nikola beat Wall Street expectations for second-quarter revenue and posted a smaller-than-expected adjusted loss on Friday, signaling an…
Year: 2024
Global investors pour into money market funds amid market volatility
(Reuters) – Global investors funnelled substantial amounts into money market funds in the seven days to Aug. 7 as they…
Meta beats censorship lawsuit by RFK Jr’s anti-vaccine group
By Jonathan Stempel (Reuters) – Meta Platforms defeated an appeal by Children’s Health Defense, an anti-vaccine group founded by Robert…
Short bets in five-year Treasury futures largest on record, CFTC says
(Reuters) – Speculators raised their net short bets on five-year Treasuries to the largest on record in the latest week,…
US bans imports from five more Chinese companies over Uyghurs
(Reuters) – The United States on Thursday banned imports from five more Chinese companies over alleged human rights abuses involving…
Volatility hobbles options market bets on earnings-fueled US stocks swings
By Saqib Iqbal Ahmed NEW YORK (Reuters) – An options strategy that bets on individual stocks logging larger-than-expected moves after…
Wall Street jumps as jobs data eases slowdown fears
By Shubham Batra and Shashwat Chauhan (Reuters) – Wall Street’s main indexes rose nearly 2% on Thursday, bolstered by a…
Gilead quarterly profit beats Street estimates, revenue up 5%
By Deena Beasley (Reuters) -Gilead Sciences on Thursday reported second-quarter profit that handily beat Wall Street estimates, driven by lower…
US natural gas producers eye more output cuts as prices sink
By Georgina McCartney and Scott DiSavino HOUSTON/NEW YORK (Reuters) – Major U.S. natural gas producers are preparing to further curtail…
Walz’s long history with China draws attacks and praise
By Patricia Zengerle and David Brunnstrom WASHINGTON (Reuters) – Vice President Kamala Harris’ running mate, Minnesota Gov. Tim Walz, is…