US value stocks draw bargain hunters while AI fever rages
By David Randall NEW YORK (Reuters) -As fervor for artificial intelligence sweeps Wall Street, some investors are seeking bargains in…
Author: Trading Reports Daily
Reddit seeks up to $6.5 billion valuation in IPO, source says
By Echo Wang (Reuters) – Media platform Reddit is eyeing a valuation of up to $6.5 billion in its initial…
Boeing in early talks to buy supplier Spirit Aero
By Abhijith Ganapavaram, Allison Lampert and Valerie Insinna (Reuters) -Boeing said on Friday it was in preliminary talks to buy…
Trump seeks delay of trial on mishandling classified documents
By Andrew Goudsward and Andy Sullivan FORT PIERCE, Florida (Reuters) -Donald Trump appeared in federal court in Florida on Friday…
Dell forecasts upbeat fiscal 2025 on AI server demand
By Jaspreet Singh (Reuters) -Dell Technologies forecast annual revenue and profit above Wall Street estimates on Thursday, betting on demand…
EV startup Fisker raises going concern doubts, shares plunge
By Zaheer Kachwala and Abhirup Roy (Reuters) -EV startup Fisker warned on Thursday it might not be able to continue…
Exclusive-GM’s Cruise valuation slashed by more than half, adding to woes
By Greg Bensinger (Reuters) -General Motors’ Cruise saw its internal share price cut by more than half from a quarter…
Automakers question feasibility of California 2035 EV sales mandate plan
By David Shepardson WASHINGTON (Reuters) -Major automakers said on Wednesday that a California plan to end the sale of gasoline-only…
Snowflake forecasts weak first-quarter product revenue, shares slump
(Reuters) -Snowflake forecast first-quarter product revenue below Wall Street estimates on Wednesday on expectations that customers would cut back on…
Trump loses bid to pause $454.2 million judgment in NY civil fraud case
By Jonathan Stempel and Luc Cohen NEW YORK (Reuters) -Donald Trump on Wednesday lost a bid to pause a $454.2…