Newmont beats fourth-quarter profit estimate on higher gold production, prices
(Reuters) -Newmont beat analysts’ estimate for fourth-quarter profit on Thursday, as the world’s biggest gold miner benefited from a rally…
Author: Trading Reports Daily
Block’s profit jumps on robust consumer spending, tax benefit
(Reuters) -Payments firm Block reported a jump in its fourth-quarter profit on Thursday, buoyed by robust consumer spending during the…
Rivian forecasts modest gross profit; shares rise
By Akash Sriram (Reuters) -Rivian forecast modest gross profit this year, after reporting its first-ever positive earnings margin in the…
Billionaire investor Ryan Cohen boosts stake in Alibaba to $1 billion, WSJ reports
(Reuters) -Billionaire investor Ryan Cohen has grown his personal stake in Chinese e-commerce giant Alibaba Group to roughly $1 billion…
International consortium wins C$3.9 billion Canada high speed train contract
OTTAWA (Reuters) – An international consortium including Air Canada, AtkinsRealis Group and France’s SNCF has won a C$3.9 billion six-year…
US EPA submits Biden approval of California EV plan to Congress
WASHINGTON (Reuters) – The U.S. Environmental Protection Agency said on Wednesday it has submitted the Biden administration’s approval of California’s…
Amazon to stop support for communications service Chime next year
(Reuters) – Amazon said it would stop support for its unified communications service, Chime, next year and will not accept…
Exxon plans large-scale gas project in oil-dominated Guyana
By Marianna Parraga and Kemol King GEORGETOWN (Reuters) – U.S. oil major Exxon Mobil is planning to increase natural gas…
AI ‘hallucinations’ in court papers spell trouble for lawyers
By Sara Merken (Reuters) – U.S. personal injury law firm Morgan & Morgan sent an urgent email this month to…
BlackRock pauses corporate meetings in wake of new ESG rules
(Reuters) – BlackRock has temporarily paused meetings with some portfolio companies while studying the impact of new reporting rules from…