GameStop rides on online pivot, videogame demand to beat estimates
By Akash Sriram (Reuters) -GameStop on Wednesday beat Wall Street estimates for quarterly revenue and posted a smaller-than-expected loss, buoyed…
Month: September 2023
Oil settles up on expectations of U.S. crude draws and tight supply
By Laura Sanicola NEW YORK (Reuters) -Oil prices settled higher on Wednesday, reversing early declines as traders anticipated further draws…
Big Tech’s core businesses face overhaul under EU tech rules
By Supantha Mukherjee and Martin Coulter (Reuters) -The European Union has picked out 22 so-called “gatekeeper” services, run by six…
Stocks decline, Treasury yields jump as investors weigh rate outlook
By Caroline Valetkevitch NEW YORK (Reuters) – World stock indexes eased and benchmark 10-year Treasury yields rose to their highest…
Wall St slips as Treasury yields rise, oil prices boost energy sector
By Sinéad Carew and Shristi Achar A (Reuters) – Wall Street’s three major averages closed lower on Tuesday with the…
SoftBank’s Arm launches IPO courting T Rowe in $52 billion valuation ask
By Manya Saini, Echo Wang and Anirban Sen (Reuters) – SoftBank Group’s Arm Holdings Ltd launched the roadshow for its…
SoftBank’s Arm starts IPO road show in Baltimore to court T. Rowe Price
By Echo Wang and Anirban Sen NEW YORK (Reuters) -Arm Holdings Ltd, the chip designer owned by SoftBank Group Corp,…
Oil prices settle at 10-month high as Saudi, Russia extend supply cuts
By Shariq Khan BENGALURU (Reuters) – Oil prices rose a dollar a barrel on Tuesday to their highest since November,…
Post-Labor Day corporate debt spree revives U.S. Treasury selloff
By Matt Tracy and Davide Barbuscia (Reuters) – A post Labor-day rush of bond issuance by U.S. investment-grade-rated companies added…
Tesla sues Chinese firm over tech secret infringement -Chinese state media
BEIJING (Reuters) – Tesla Shanghai has sued a Chinese firm over tech secret infringement and unfair competition disputes, Shanghai Securities…