By Akash Sriram (Reuters) -Tesla handed over fewer vehicles than analysts expected in the third quarter as stiff competition in…
Author: Trading Stocks Now
Microsoft to make $4.8 billion AI, cloud investment in Italy
MILAN (Reuters) -Microsoft plans to invest 4.3 billion euros ($4.8 billion) over the next two years to strengthen its artificial…
StandardAero valued at $10.4 billion as shares jump in NYSE debut
By Niket Nishant (Reuters) -Carlyle-backed StandardAero racked up a $10.38 billion valuation after its shares opened 29% above the offer…
OpenAI closes $6.6 billion funding haul with investment from Microsoft and Nvidia
By Krystal Hu (Reuters) -OpenAI, the company behind ChatGPT, has raised $6.6 billion from investors, which could value the company…
AT&T sells stake in DirecTV to TPG for $7.6 billion
(Reuters) -AT&T said on Monday it would sell its entire 70% stake in satellite TV provider DirecTV to private equity…
US oil demand grew to highest seasonal level since 2019 in July, EIA data shows
NEW YORK (Reuters) -U.S. oil demand rose in July to the highest seasonal level since 2019 while output declined for…
Tesla’s quarterly deliveries set to rise as China incentives lure wary EV buyers
By Akash Sriram and Abhirup Roy (Reuters) – Tesla is expected to report an 8% jump in third-quarter deliveries of…
Powell reveals little on size of next rate cut
(Reuters) – The U.S. economy seems poised for a continued slowdown in inflation that will allow the Federal Reserve to…
When the dollar store closes, US families on food benefits lose a lifeline
By Jessica DiNapoli and Kaylee Kang NASHVILLE (Reuters) – Nearly every day, Latrina Begley, 37, of Nashville, or one of…
Taiwan on alert over ‘multiple waves’ of missile firing in inland China
TAIPEI (Reuters) – Taiwan’s Defence Ministry said on Sunday it was on alert after detecting “multiple waves” of missile firing…