Chip stocks tumble on fears of tighter US curbs on sales to China
(Reuters) – Shares of chipmakers fell more than 4% before the bell on Wednesday amid reports of possible tighter restrictions…
Month: July 2024
Exclusive-Capital One pledges $265 billion in lending, philanthropy as it tries to clinch Discover deal
By Michelle Price WASHINGTON (Reuters) – Capital One will commit $265 billion over five years to lending, philanthropy and investment…
Musk plans to commit around $45 million a month to new pro-Trump support committee, WSJ reports
WASHINGTON (Reuters) – Billionaire Elon Musk has said he plans to commit around $45 million a month to a new…
Microsoft’s hiring of former Inflection AI staff prompts UK probe
By Yadarisa Shabong and Martin Coulter (Reuters) – Britain’s competition regulator has started a formal investigation into Microsoft’s hiring of…
UnitedHealth expects bigger hit to annual profit from hack costs
(Reuters) – UnitedHealth on Tuesday raised its estimates for a hit to earnings this year from a February hack at…
Musk says SpaceX will move headquarters to Texas from California
(Reuters) -Rocket company SpaceX will move its headquarters to Starbase, Texas from California, CEO Elon Musk said on Tuesday in…
Trump documents case dismissed, vice presidential announcement soon
By Gram Slattery and Andrew Goudsward MILWAUKEE (Reuters) -A U.S. judge dismissed one of Donald Trump’s criminal cases on Monday,…
BlackRock assets hit record-high $10.65 trillion on ETF flows, rising stocks
By Arasu Kannagi Basil and Davide Barbuscia (Reuters) – Assets managed by BlackRock hit a record $10.65 trillion in the…
Wall St rises as investors bet on second Trump term
By Lisa Pauline Mattackal and Ankika Biswas (Reuters) -Wall Street jumped in upbeat trading on Monday, on a greater chance…
Apple gains after Morgan Stanley calls stock ‘top pick’ for AI efforts
(Reuters) – Apple’s shares rose about 2% on Monday after Morgan Stanley raised its price target on the iPhone maker’s…