Tech-heavy Nasdaq leads Wall Street lower as megacaps, chips slide
By Sinéad Carew and Bansari Mayur Kamdar (Reuters) -Wall Street three major indexes all retreated more than 1% on Tuesday,…
Category: Business
Nordstrom’s weak 2024 forecasts overshadow strong holiday-quarter sales
By Ananya Mariam Rajesh (Reuters) -Nordstrom forecast annual results largely below Wall Street expectations on Tuesday, signaling a slower-than-expected rebound…
JetBlue, Spirit Airlines call off $3.8 billion merger on antitrust hurdle
By David Shepardson and Aatreyee Dasgupta WASHINGTON (Reuters) -JetBlue Airways and Spirit Airlines scrapped their $3.8-billion merger agreement on Monday,…
Marketmind: Risk rally gathers steam, China unveils goals
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. There is no shortage of potential…
Former Twitter execs sue Elon Musk for over $128 million in severance
(Reuters) -Four former top Twitter executives, including former CEO Parag Agrawal, have sued Elon Musk for over $128 million in…
Apple hit with $2 billion EU antitrust fine in Spotify case, will appeal
By Foo Yun Chee BRUSSELS (Reuters) -Brussels on Monday fined Apple 1.84 billion euros ($2 billion) for thwarting competition from…
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…
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…
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…