Thursday, May 23, 2024
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New capital requirements for Swiss banks will slow growth at UBS, says finance minister

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Switzerland's largest bank will have to hold more capital if ...

Salesforce is in advanced talks to buy Informatica, WSJ reports

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The price of the deal being discussed is below Informatica's ...

US lawmakers angry after Huawei unveils laptop with new Intel AI chip

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The United States placed Huawei on a trade restriction list ...

Tesla cuts Full Self-Driving subscription prices in US, Canada

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The subscriptions will be priced at $99 per month in ...

SAG-AFTRA union secures AI protections for artists in deal with major record labels

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The deal covers the five-year period from 2021 to 2026 ...

Silvaco Group Announces Proposed IPO

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The company describes itself as: 'We are a provider of ...

Arista Networks may not be big AI winner, analyst warns in downgrade to sell

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Investing.com -- Arista Networks (NYSE:) has been riding ...

US-listed Chinese stocks in big selloff as Beijing vows to tighten market rules

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The NASDAQ Golden Dragon China Index of US-listed Chinese stocks, ...

Tata Consultancy Services stock rating maintained by Jefferies after earnings

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The financial services company adjusted its forecasts marginally, projecting a ...

Stock Market Today: Dow slumps on inflation jitters, disappointing bank earnings

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At 16:00 ET (20:00 GMT), the Dow Jones Industrial Average ...

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.24%

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At the close in NYSE, the Dow Jones Industrial Average ...

Exclusive-Spirit AeroSystems limits overtime and hiring as Boeing 737 output drops

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(Reuters) - Boeing (NYSE:BA)'s key supplier Spirit AeroSystems (NYSE:SPR) is ...

Musk, Argentine president see eye-to-eye on boosting free markets and lithium

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BUENOS AIRES (Reuters) - Billionaire Elon Musk and Argentina's libertarian ...

Goldman Sachs launches coverage on 3 India CRO/CDMO’S

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The Pharma R&D outsourcing TAM, currently $200 billion, is seeing ...

U.S. Steel shareholders give greenlight to Nippon Steel’s $14.9 billion takeover bid

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Nippon's proposal to buy U.S. Steel has been opposed by ...

Less than half of U.S. banks ready to borrow from Fed in emergency

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(Reuters) - A year after Silicon Valley Bank's failure, less ...

Hedge fund Barington urges Paramount to scrap talks with Skydance

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NEW YORK (Reuters) - Hedge fund Barington Capital on Friday ...

US probes Ford recall of 42,000 Bronco, Escape SUVs for fuel leaks

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WASHINGTON (Reuters) -The National Highway Traffic Safety Administration (NHTSA) said ...

Why Coupang (CPNG) Stock Is Trading Up Today

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What Happened: Shares of e-commerce marketplace Coupang (NYSE:CPNG) jumped 11.4% ...

Key Mining Corp Announces Downsized 4.44M Share IPO at $2.25/sh

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Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high ...

Why AMD (AMD) Stock Is Nosediving

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What Happened: Shares of computer processor maker AMD (NASDAQ:AMD) fell ...

Lakeside Holding Limited Announces 1.25M Share IPO at $4-$5/sh

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Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high ...

Oranco, Inc. Announces 1.5M Share IPO at $4-$6/sh

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Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high ...

Corporate silence on impactful trends not securities fraud, US Supreme Court rules

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(Reuters) - Shareholders cannot sue companies for fraud if they ...

BMO Capital starts Novo Nordisk at Outperform

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Novo Nordisk is considered to be well-positioned in the growing ...

Stubhub eyes IPO by late summer, The Information Says

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Should the initial interest from potential investors fail to signal ...

Spanish Beauty Group Puig Targets $15 Billion Valuation in IPO – WSJ

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Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high ...

Citi opens downside catalyst watch on Atlassian

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According to Citi, TEAM risks disappointing against current med-term cloud ...

Germany stocks lower at close of trade; DAX down 0.28%

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At the close in Frankfurt, the DAX lost 0.28% to ...

Germany stocks lower at close of trade; DAX down 0.28%

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At the close in Frankfurt, the DAX fell 0.28% to ...

France stocks lower at close of trade; CAC 40 down 0.16%

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At the close in Paris, the CAC 40 declined 0.16% ...

Denmark stocks higher at close of trade; OMX Copenhagen 20 up 0.59%

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At the close in Copenhagen, the OMX Copenhagen 20 gained ...

Citi opens a positive catalyst watch on Cisco Systems stock

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Analysts at the bank told investors that the catalyst for ...

UAW ‘extremely disappointed’ with Volvo’s Mexico plant decision

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The union, in a letter published on Thursday, said it ...

UniCredit investors back new term for Orcel, support pay rise

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Shareholders representing 68.8% of the bank's capital attended the meeting, ...

Wells Fargo expects Tesla to miss Q1 estimates

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Despite the anticipated miss, the investment bank acknowledges that expectations ...

US Supreme Court throws out ruling on arbitration of job disputes

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(Reuters) - The U.S. Supreme Court on Friday gave a ...

S&P 500 could hit 5,500 this year – UBS

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Analysts expect 7-9% growth for S&P 500 companies in the ...

Progressive earnings beat by $0.10, revenue topped estimates

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Progressive's stock price closed at $202.26. It is up 0% ...

StubHub Plans IPO by Late Summer – The Information

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Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high ...

Antitrust worries could push HubSpot to consider none-Google bidder – Source

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According to the report, the tech giant had been ...

Roku says more than 500,000 accounts impacted in cyberattack

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The company, which had more than 80 million active accounts, ...

Cathie Wood’s Ark invests in OpenAI

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"OpenAI is at the forefront of a Cambrian explosion in ...

Nike bosses plan ‘biggest’ Olympics spend as marketing ramps up

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PARIS (Reuters) - Nike (NYSE:NKE) is spending more ...

Exclusive-OpenAI’s Altman pitches ChatGPT Enterprise to large firms, including some Microsoft customers 

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(Reuters) - OpenAI Chief Executive Sam Altman has hosted hundreds ...

This AI Super Boom ‘has many years to run’ – StockTradersAlmanac

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They stated that this boom has "many years to run," ...

Apple earnings preview: Goldman says but the pullback on any weakness in stock

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Apple’s shares rose more than 4% to above $175 per ...

Citi cuts Tesla stock target, urges investors to be patient

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First came the news, reported by Reuters, that Tesla was ...

Coupang gains on membership price increase

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Starting Saturday, the WOW membership price for new members will ...

Citigroup beats Q1 earnings, revenue consensus expectations

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The bank posted earnings per share of $1.58, above the ...

Citigroup earnings beat by $0.36, revenue topped estimates

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Citigroup's stock price closed at $60.70. It is up 0% ...

JPMorgan beats in Q1 but shares slide on NII guidance

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JPMorgan (JPM) reported first-quarter earnings that surpassed Wall Street estimates, ...

Apple loses bid to throw out UK lawsuit over app store fees

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The case, worth up to 785 million pounds ($979 million) ...

Chinese EV brand Hyper says will use all-solid-state batteries in its cars in 2026

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The 400 watt hour per kilogram solid-state batteries tout more ...

Amer Sports Announces Departure of President and CEO of Salomon Franco Fogliato

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The Company is grateful for Mr. Fogliato’s leadership and dedication ...

Wells Fargo drops as NII trails analyst estimates

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However, WFC stock fell about 2.5% in pre-open trade after ...

JPMorgan earnings beat by $0.44, revenue topped estimates

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JPMorgan's stock price closed at $195.24. It is up 15.49% ...

Wells Fargo&Co earnings beat by $0.13, revenue topped estimates

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Wells Fargo&Co's stock price closed at $56.65. It is up ...

US stock futures mainly lower ahead of big bank earnings

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By 06:45 ET (10:45 GMT), the Dow Futures contract was ...

India stocks lower at close of trade; Nifty 50 down 1.03%

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At the close in NSE, the Nifty 50 fell 1.03%, ...

BlackRock tops Q1 consensus estimates

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The investment company reported Q1 EPS of $9.81, $0.47 better ...

Trump Media stock’s wild ride in five charts

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NEW YORK (Reuters) - The chaotic debut of Trump Media ...

BlackRock earnings beat by $0.47, revenue topped estimates

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BlackRock's stock price closed at $785.04. It is down -1.82% ...

UL Solutions Prices Upsized 33.8M Share IPO at $28/sh

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The shares are expected to begin trading on the New ...

Commodities and tech rallying is consistent with no landing – BofA

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Traders expressed nervousness over persistent inflationary pressures, which could delay ...

Norway wealth fund should not invest in private equity, government says

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Norway's central bank, which runs the fund via an asset ...

EU approves Illumina’s plan to divest cancer test maker Grail

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BRUSSELS (Reuters) - The EU's executive Commission approved Illumina (NASDAQ:ILMN)'s ...

GQG, SBI funds eye investments in Vodafone Idea $2.16 billion share sale, sources say

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MUMBAI (Reuters) - Investment firm GQG Partners and State Bank ...

Futures steady ahead of big bank earnings

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Friday marks the unofficial start to the quarterly earnings season, ...

Intel, AMD stock drop on report China is phasing out foreign chips

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The country's Ministry of Industry and Information Technology (MIIT) earlier ...

Blue-chips power European stocks higher on rate cut hopes

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The pan-European STOXX 600 gained 0.9%, and was on track ...

U.S. large cap stocks see biggest weekly outflow in 16 months, says BofA report

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U.S. large caps saw $15.8 billion of outflows in the ...

Japan stocks higher at close of trade; Nikkei 225 up 0.31%

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At the close in Tokyo, the Nikkei 225 rose 0.31%.The ...

Australia stocks lower at close of trade; S&P/ASX 200 down 0.33%

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At the close in Sydney, the S&P/ASX 200 lost 0.33%.The ...

Australian prosecutors drop billionaire Forrest’s case against Meta

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SYDNEY (Reuters) - Australian prosecutors have discontinued mining magnate Andrew ...

Uber and Lyft delay their plans to leave Minneapolis

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The Minneapolis City Council voted unanimously on Wednesday to implement ...

Brazil judge suspends Petrobras chair over conflict of interest

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Petrobras did not immediately respond to a request for comment ...

Former China Everbright Group chairman charged with taking bribes, state media reports

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Tang took advantage of his various positions, including at the ...

US Senate committee to hold hearing on Boeing safety culture report

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WASHINGTON (Reuters) - The U.S. Senate Commerce Committee said on ...

Vietnam EV maker VinFast’s challenges escalate risk for parent Vingroup

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HANOI (Reuters) - As Vietnam's biggest conglomerate Vingroup doubles down ...

Between the US and a hard place, Germany’s Scholz reheats China ties

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BERLIN/BEIJING (Reuters) - Last year Germany launched a strategy to ...

Lockheed wins $4.1 billion battle command system contract from US govt

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The contract will aim at developing and upgrading the Command ...

Paramount shareholders grow increasingly vocal about possible Skydance Media merger

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(Reuters) - Some Paramount Global investors are speaking out about ...

Exclusive-Southwest’s expected 2024 Boeing jet deliveries keep shrinking, sources say

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CHICAGO/MONTREAL (Reuters) - Southwest Airlines (NYSE:LUV) expects aircraft deliveries from ...

Paramount plans to shrink board to seven directors amid Skydance deal talks

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The company, in its proxy filing, did not propose the ...

Tesla to unveil Robotaxi later this year, but one bull says it’s ‘not the...

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"Robotaxi is not the answer for now," Wedbush analysts Dan ...

Stock Market Today: S&P 500 closes higher on tech strength; big bank earnings eyed

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At 16:00 ET (20:00 GMT), the Dow Jones Industrial Average ...

ADM division expands recall to include additional animal feed products

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ADM Animal Nutrition in late March had recalled select Pen ...

Ohio senator wants Biden to permanently ban Chinese EVs from US

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"I implore you to take bold, aggressive action and to ...

U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.01%

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At the close in NYSE, the Dow Jones Industrial Average ...

Explainer-US limits on PFAS in drinking water could fuel litigation

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(Reuters) - The U.S. Environmental Protection Agency has finalized the ...

US cyber agency says Russian hackers use Microsoft access to steal government emails

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WASHINGTON (Reuters) -The U.S. Cybersecurity and Infrastructure Security Agency said ...

Taylor Swift music back on TikTok despite fight with Universal Music, FT reports

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Swift's return to TikTok had been in the works for ...

Paris Olympics on track to hit NBC ad sales record after pandemic

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By Sheila Dang(Reuters) - As the July opening ceremony for ...

Bankman-Fried appeals FTX fraud conviction, 25-year sentence

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NEW YORK (Reuters) - Sam Bankman-Fried, facing the prospect of ...

Morgan Stanley’s wealth arm under probe by multiple regulators, WSJ reports

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The U.S. Securities and Exchange Commission, the Office of the ...