By Karen Freifeld (Reuters) – The U.S. House of Representatives committee on China has asked the FBI and the intelligence…
Year: 2024
Trump Media slides after former president Donald Trump’s criminal conviction
(Reuters) – Shares of Trump Media & Technology Group dropped 8% in premarket trading on Friday after a jury found…
US inflation up moderately in April, consumer spending weakens
By Lindsay Dunsmuir (Reuters) -U.S. inflation tracked sideways in April and consumer spending weakened, mixed signals for the Federal Reserve…
Nvidia set to overtake Apple as world’s second-most valuable company
By Medha Singh (Reuters) – Nvidia could soon surpass Apple to become the world’s second-most valuable company, as the kingmaker…
Fitch Ratings lowers Boeing 2024 aircraft delivery, cash flow forecasts
(Reuters) – Fitch Ratings lowered its 2024 forecasts for Boeing’s aircraft delivery and free cash flow on Friday as the…
Top 5 Artificial Intelligence Stocks Poised to Soar Over the Next 12 Months
Since the first mainstream media coverage on the growth of Artificial Intelligence (AI), investors have paid close attention to this…
Elon Musk to testify in SEC probe over Twitter stock disclosures
(Reuters) – Elon Musk has settled his latest legal fight with the U.S. Securities and Exchange Commission by agreeing to…
Fed’s Goolsbee says inflation could still fall without rising unemployment
WASHINGTON (Reuters) – U.S. Federal Reserve officials are “trying to wrap their head around” whether further improvement in inflation will…
Gap lifts annual sales forecast on Old Navy strength, shares surge
(Reuters) -Gap raised its annual sales forecast and its first-quarter results beat market expectations, boosted by strength in its Old…
Costco beats quarterly revenue estimates on strong grocery demand
(Reuters) -Costco Wholesale beat third-quarter revenue expectations on Thursday, as cash-strapped consumers flocked to its warehouses to grab low-priced groceries…