Big tech losses sink Nasdaq, S&P as US Treasury yields rise
By David French (Reuters) – The S&P 500 and the Nasdaq Composite fell on Friday and posted their second straight…
Day: August 11, 2023
Prominent investors rekindle affection for Amazon in Q2 as stock price jumps
By Svea Herbst-Bayliss NEW YORK (Reuters) – Several prominent investors including hedge fund Baupost Group and mutual fund giant Fidelity…
AMC Entertainment gets approval for revised investor settlement, preferred stock soars
By Tom Hals and Jody Godoy WILMINGTON, Delaware (Reuters) – A Delaware judge approved AMC Entertainment’s revised stockholder settlement on…
Biden’s ‘ticking time bomb’ remark referred to China’s internal tensions -White House
By Andrea Shalal and Michael Martina WASHINGTON (Reuters) – President Joe Biden’s comment about China being a “ticking time bomb”…
Oil up on record demand forecast, 7th straight weekly gain
By Shariq Khan BENGALURU (Reuters) -Oil prices edged higher on Friday after the International Energy Agency forecast record global demand…
Retail investors flock to penny stocks WeWork, Amyris, Proterra
By Medha Singh (Reuters) – WeWork, a prized startup just four years ago but now a micro-cap, and other penny…