Bitcoin market cap crosses $1 trillion as buyers flood in
WASHINGTON/LONDON (Reuters) -The total value invested in bitcoin surpassed $1 trillion on Wednesday for the first time since November 2021…
Month: February 2024
Billionaire Peltz’s Trian criticizes Disney’s investment plans in letter to investors
(Reuters) – Billionaire Nelson Peltz’s Trian Fund Management criticized Walt Disney’s investment plans, calling it a “spaghetti against the wall…
Uber hits record high after unveiling first-ever $7 billion share buyback
By Samrhitha A (Reuters) -Uber Technologies shot to a record high on Wednesday after announcing its first-ever buyback of $7…
JetBlue shares soar after Icahn takes 10% stake in airline
By Shivansh Tiwary and Rajesh Kumar Singh (Reuters) -Shares of JetBlue Airways surged on Tuesday after activist investor Carl Icahn…
Wall St ends sharply lower as hot inflation sparks sell-off
By Johann M Cherian, Ankika Biswas and Carolina Mandl (Reuters) -Wall Street’s main indexes tumbled on Tuesday after a higher-than-expected…
Biogen sees flat 2024 sales, pick up in Alzheimer’s drug demand
By Manas Mishra and Sriparna Roy (Reuters) -Biogen on Tuesday forecast flat 2024 product revenue as top-selling drugs face tough…
GlobalFoundries forecasts hit as chip customers seek advanced processes, clear inventory
(Reuters) -GlobalFoundries forecast its first quarter below market estimates on Tuesday, as some customers continue to clear excess chip inventory…
NYCB shares end lower as earlier gains evaporate
(Reuters) -New York Community Bancorp shares gave up earlier gains to close with a small loss on Monday, though some…
Spirit Airlines uncertainty has some pilots dusting off their resumes
By Allison Lampert and Rajesh Kumar Singh (Reuters) – Some pilots at Spirit Airlines are worried and scouring for other…
Arm Holdings jumps over 40%, adds to staggering AI-powered rally
By Noel Randewich (Reuters) – Shares of Arm Holdings surged more than 40% on Monday, adding to a staggering rally…