By Andrea Shalal WASHINGTON (Reuters) – Democratic presidential candidate Kamala Harris heads to New Hampshire on Wednesday to unveil a $50,000 tax deduction for new
Year: 2024
Nvidia’s stock swoon turns attention to Big Tech’s sway over markets
By Lewis Krauskopf NEW YORK (Reuters) – Shares of Nvidia and other Big Tech stocks have helped power the markets run to record highs this
Nokia signs fibre deal with AT&T after losing network contract to Ericsson
HELSINKI (Reuters) – U.S. telecoms operator AT&T and Finnish network equipment maker Nokia have signed an agreement to build a fibre network in the U.S.,
Hedge funds bet against banks, insurance and property, says Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Hedge funds continued to take bets against bank and financial stocks in the week to Friday, Goldman Sachs wrote
Boeing’s cash flow goal to be delayed, says Wells Fargo as it downgrades stock
(Reuters) – Boeing’s annual free cash flow target of $10 billion may be delayed by about two years to 2027-28 and it would have to
AI server maker Super Micro denies short-seller Hindenburg’s claims
(Reuters) – Super Micro Computer on Tuesday denied claims made by short-seller Hindenburg Research in its report last week and said it contained “false or
Silicon Valley Bank’s Chinese partner buys out stake in joint venture
BEIJING (Reuters) – Silicon Valley Bank’s Chinese joint venture will become a wholly owned unit of Shanghai Pudong Development Bank, following approval to change its
Salvage of stricken oil tanker in Red Sea expected soon, sources say
By Renee Maltezou and Yannis Souliotis ATHENS (Reuters) -A salvage operation to recover a Greek-registered oil tanker stranded ablaze in the Red Sea after an
Ford to recall 90,736 vehicles over engine valve issue, US regulators say
(Reuters) – Ford will recall 90,736 vehicles as engine intake valves in the vehicles may break while driving, the National Highway Traffic Safety Administration (NHTSA)
Billionaire Buffett again sells BofA shares worth about $845 million
(Reuters) – Billionaire Warren Buffett’s Berkshire Hathaway has once again cut its stake in Bank of America with a share sale worth roughly $845 million,