Rivian shows off smaller, less expensive EVs, hastens delivery plans
By Chris Kirkham and Abhirup Roy LAGUNA BEACH, California (Reuters) -Rivian on Thursday introduced its smaller, less expensive electric R2…
Author: Trading Reports Daily
Novo valuation surpasses Tesla on experimental obesity drug data
By Jacob Gronholt-Pedersen and Maggie Fick COPENHAGEN (Reuters) -Novo Nordisk on Thursday surpassed Tesla Inc in market valuation after the…
Wall Street indexes advance as Fed’s Powell fuels hopes for rate cuts this year
By Sinéad Carew and Bansari Mayur Kamdar (Reuters) -Wall Street’s three major indexes closed higher on Wednesday as economic data…
Biden to call for expanding Medicare drug negotiation program
By Ahmed Aboulenein WASHINGTON (Reuters) – President Joe Biden will call on Congress to expand the number of drugs subject…
BofA joins rivals in predicting stronger investment banking revenue
By Saeed Azhar NEW YORK (Reuters) -Bank of America expects its investment banking revenue to rise by 10% to 15%…
OpenAI hits back at Musk, says billionaire pushed for merger with Tesla
By Aditya Soni and Abinaya V (Reuters) – OpenAI on Tuesday hit back at Elon Musk’s claims that the startup…
Trump, Biden dominate Super Tuesday contests as they march toward rematch
By Nathan Layne and Alexandra Ulmer PALM BEACH, Florida/HUNTINGTON BEACH, California (Reuters) -U.S. President Joe Biden and former President Donald…
Tech-heavy Nasdaq leads Wall Street lower as megacaps, chips slide
By Sinéad Carew and Bansari Mayur Kamdar (Reuters) -Wall Street three major indexes all retreated more than 1% on Tuesday,…
Nordstrom’s weak 2024 forecasts overshadow strong holiday-quarter sales
By Ananya Mariam Rajesh (Reuters) -Nordstrom forecast annual results largely below Wall Street expectations on Tuesday, signaling a slower-than-expected rebound…
JetBlue, Spirit Airlines call off $3.8 billion merger on antitrust hurdle
By David Shepardson and Aatreyee Dasgupta WASHINGTON (Reuters) -JetBlue Airways and Spirit Airlines scrapped their $3.8-billion merger agreement on Monday,…