Ulta Beauty lowers annual forecasts on slowing demand for beauty products
(Reuters) -Ulta Beauty cut its annual sales and profit forecasts on Thursday, hurt by slowing demand for higher-priced cosmetics and fragrances at its stores. The
Leveraged Nvidia ETF issuers saw trading surge in bearish products ahead of earnings
By Suzanne McGee (Reuters) – Interest in leveraged exchange-traded funds that allow investors to profit when shares of Nvidia fall grew steadily ahead of the
OpenAI says ChatGPT’s weekly users have grown to 200 million
(Reuters) – AI startup OpenAI said on Thursday its chatbot ChatGPT now has more than 200 million weekly active users, double the number it had
Trump reposts lewd remark about Harris on his social media site
(Note sexual language in paragraph 2) (Reuters) – Republican presidential candidate Donald Trump on Wednesday reposted a lewd social media remark about Vice-President Kamala Harris,
Shares and oil price slip, with Mideast risks, US rates in focus
By Chibuike Oguh and Iain Withers NEW YORK/LONDON (Reuters) – A gauge of global shares dropped along with oil prices on Tuesday as investors weighed
Nvidia results could spur record $300 billion swing in shares, options show
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Traders in the U.S. equity options market are expecting Nvidia’s upcoming earnings report to spark a more
Meta to shut augmented reality studio used by third-party creators
(Reuters) – Meta Platforms will shut down the augmented reality studio that third-party creators used for making custom Instagram and Facebook effects, the social media
Hindenburg takes aim at AI server maker Super Micro with short position
(Reuters) -Hindenburg Research on Tuesday disclosed a short position in Super Micro Computer and alleged “accounting manipulation” at the AI server maker, the latest by
Chipotle denied raises to unionized workers, US labor agency says
By Daniel Wiessner (Reuters) – U.S. labor board prosecutors have determined that a union’s claims that Chipotle Mexican Grill illegally refused to give raises to
JPMorgan Chase is sued over low rates on cash sweeps
NEW YORK (Reuters) – JPMorgan Chase has been accused in a new lawsuit of sweeping customers’ idle cash into accounts with “unreasonably” low interest rates.