Hedge funds cut risk in stocks at largest amount in two years, Goldman Sachs says
NEW YORK (Reuters) -Hedge funds reduced their exposure to stocks on Friday at the largest amount in more than two…
Author: Trading Reports Daily
Delta Airlines cuts first-quarter forecast on economic uncertainty
By Rajesh Kumar Singh CHICAGO (Reuters) -Delta Air Lines on Monday slashed its profit estimates for the current quarter through…
Panama to request legal, financial documents on CK Hutchison-BlackRock port deal
PANAMA CITY (Reuters) – The Panama Maritime Authority, which oversees shipping and port infrastructure in the Central American country, will…
Trump’s shipbuilding plan could upend ocean cargo industry, companies warn
By Lisa Baertlein LOS ANGELES (Reuters) – President Donald Trump’s plan to revitalize the U.S. shipping industry could heap massive…
Elon Musk’s xAI buys new property in Memphis amid supercomputer expansion
(Reuters) – Elon Musk-owned artificial intelligence firm xAI has bought a 1-million-square-foot property in Southwest Memphis, Tennessee, the Greater Memphis…
Pentagon software buying process shifts towards more access
By Mike Stone WASHINGTON (Reuters) – The U.S. Department of Defense is shifting how it buys software eyeing greater access…
Insignia opens books after Bain, CC Capital raise bid to $2.1 billion
(Reuters) -Insignia Financial has granted access to its books to two key suitors after both Bain Capital and CC Capital…
Walgreens to be taken private by Sycamore in $10 billion deal
By Sabrina Valle and Abigail Summerville (Reuters) -Walgreens Boots Alliance will be taken private by Sycamore Partners for $10 billion,…
US to use AI to revoke visas of students perceived as Hamas supporters, Axios reports
WASHINGTON (Reuters) – The U.S. State Department will use artificial intelligence to revoke visas of foreign students who are perceived…
Trump hails $20 billion investment by shipping firm CMA CGM
WASHINGTON (Reuters) – U.S. President Donald Trump on Thursday said French-based shipping firm CMA CGM would invest $20 billion in…