US launches antitrust investigation into UnitedHealth, WSJ reports
(Reuters) -The U.S. Department of Justice has launched an antitrust investigation into UnitedHealth Group, the Wall Street Journal reported on…
Beyond Meat to increase prices, cut costs ‘steeply’ in 2024; shares soar
By Juveria Tabassum (Reuters) -Beyond Meat said it would ramp up product prices and “steeply reduce” costs this year after…
EBay beats earnings estimates on strong U.S. holiday spending
(Reuters) -E-commerce platform eBay beat market expectations for quarterly revenue and profit on Tuesday, helped by healthy consumer spending during…
Hedge funds call time on tech rally, banks say
By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) -Global hedge funds sold tech stocks at their highest pace in…
Dollar dips at the start of heavy week of data
By Caroline Valetkevitch NEW YORK (Reuters) -The dollar was mostly lower on Monday ahead of U.S. durable goods orders and…
Nvidia bets dominate US options market as AI fervor grows
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors’ fervor for all things AI-related is leaving its mark on the…
Google aims to relaunch Gemini AI image tool in a few weeks
By Joan Faus BARCELONA (Reuters) -Google plans to relaunch in the next few weeks its AI tool that creates images…
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…
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…