Analysis-Walmart’s strong forecast signals a resilient consumer
By Siddharth Cavale and Aishwarya Venugopal (Reuters) – A positive forecast from retail bellwether Walmart on Thursday signaled a resilient…
Author: Trading Reports Daily
Tesla gets local council go-ahead for German factory expansion
GRUENHEIDE, Germany (Reuters) – Tesla got the go-ahead for an expansion of its German factory in Gruenheide near Berlin from…
Dollar rebounds on high US import prices
By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) -The dollar rose on Thursday after data showed U.S. import prices…
Exxon says proxy advisor Glass Lewis should recuse itself from making recommendations
(Reuters) – U.S. oil giant Exxon said on Wednesday proxy advisor Glass Lewis should recuse itself from making recommendations on…
Explainer-How Boeing could face the criminal prosecution it avoided in 2021
(Reuters) – The U.S. Justice Department said Boeing breached its obligations under a 2021 agreement that kept the planemaker from…
Tyson Foods unsure when tight US cattle supplies will expand, CEO says
By Tom Polansek CHICAGO (Reuters) – Tyson Foods cannot predict exactly when U.S. ranchers will start rebuilding the cattle herd…
US charges two brothers with novel $25 million cryptocurrency heist
By Nate Raymond BOSTON (Reuters) – Two brothers who studied at the Massachusetts Institute of Technology were arrested on Wednesday…
Boeing Starliner’s crew debut delayed again over spacecraft issue
By Joey Roulette WASHINGTON (Reuters) -Boeing’s first Starliner mission carrying astronauts into space has been delayed again – until at…
Explainer-Why are meme stocks rallying again?
By Sruthi Shankar and Medha Singh (Reuters) – GameStop and AMC Entertainment have again captured retail investors’ attention, reminiscent of…
Meta to shut Workplace app to focus on AI, metaverse
(Reuters) – Meta Platforms will discontinue its work-focused Workplace app as the company shifts its focus on building artificial intelligence…