EV maker Lotus Tech closes up modestly in Nasdaq debut after SPAC merger
By Echo Wang and Lance Tupper NEW YORK (Reuters) -Shares of Lotus Technology closed up 2% in their Nasdaq debut…
Author: Trading Reports Daily
Stocks eke out gain as Nvidia rally slows, yields slip
By Herbert Lash NEW YORK (Reuters) -A gauge of global equity markets lost steam on Friday but still set a…
Nvidia briefly hits $2 trillion valuation as AI frenzy grips Wall Street
By Aditya Soni and Patturaja Murugaboopathy (Reuters) -Nvidia briefly hit $2 trillion in market value for the first time on…
Soaring US stocks could take cues from Fed as earnings wind down
By Lewis Krauskopf NEW YORK (Reuters) – Strong corporate results have helped fuel the S&P 500’s climb to new highs…
JPMorgan CEO Dimon sells about $150 million of his shares, SEC filing says
(Reuters) -JPMorgan Chase CEO Jamie Dimon has sold about $150 million of his shares in the bank, a SEC filing…
Carvana posts first-ever annual profit after it cuts debt, shares surge
By Bhanvi Satija (Reuters) -Carvana reported its first-ever annual profit on Thursday, helped by its pact with bondholders to cut…
MP Materials swings to quarterly loss on falling rare earths prices
(Reuters) -Rare earths miner MP Materials on Thursday reported a fourth-quarter loss due to slipping prices for the strategic minerals…
Block outlook tops earnings estimates, boosting shares 12%
By Hannah Lang (Reuters) -Shares in Jack Dorsey-led Block surged 12% on Thursday after the payments firm forecast adjusted core…
Nvidia fuels global stock records, bond yields rise
By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) -AI chipmaker Nvidia’s stunning results sparked a worldwide wave of record…
Intel signs Microsoft as foundry customer, says on track to overtake TSMC
By Stephen Nellis and Max A. Cherney (Reuters) -Intel said on Wednesday that Microsoft plans to use its services to…