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…
Tag: Updated
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…
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…
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…