Wall Street slides as hot producer price data crimps rate cut bets
By Carolina Mandl, Amruta Khandekar and Ankika Biswas (Reuters) -U.S. stocks fell on Friday with the Nasdaq showing the largest…
Category: Business
OpenAI, Meta and other tech giants sign effort to fight AI election interference
By Sheila Dang and Katie Paul (Reuters) – A group of 20 tech companies announced on Friday they have agreed…
Home Depot 2024 forecast in focus as investors pin hopes on sales recovery
By Deborah Mary Sophia (Reuters) – Home Depot’s annual forecast will be the prime focus for investors when the U.S.…
Goldman Sachs CEO Solomon gets 24% pay bump to $31 million
By Lananh Nguyen (Reuters) -Goldman Sachs CEO David Solomon was awarded $31 million in compensation for 2023, up 24% from…
Wall Street ends higher as retail sales slump feeds hopes for rate cuts
By Carolina Mandl, Johann M Cherian and Ankika Biswas (Reuters) -U.S. stocks closed higher on Thursday as retail sales data…
DoorDash’s rising labor costs weigh on Q1 profit outlook, shares fall
By Granth Vanaik (Reuters) -DoorDash on Thursday forecast a quarterly profitability metric below Wall Street expectations, hurt by higher labor…
As earnings loom, Nvidia options traders brace for monster share move
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Traders in the U.S. equity options market are betting Nvidia’s upcoming earnings…
AI firms surge after chip giant Nvidia discloses stake
By Medha Singh (Reuters) -Shares of smaller AI firms rallied on Thursday after the world’s most dominant artificial intelligence chipmaker,…
Wall Street ends higher, lifted by Uber, Lyft and Nvidia
By Noel Randewich and Johann M Cherian (Reuters) -Wall Street ended sharply higher on Wednesday as ride-hailing platforms Lyft and…
Nvidia replaces Alphabet as Wall St’s third most valuable company
By Noel Randewich (Reuters) -Nvidia eclipsed Google-parent Alphabet as the third most valuable U.S. company on Wednesday, just after overtaking…