Ford sales rise 13.4% in August on SUV, pick-up truck demand
(Reuters) – Ford Motor said on Thursday U.S. vehicle sales in August rose 13.4% to 182,985 units, helped by robust…
Month: September 2024
Applied Digital surges 65% on funding deal with investors, including Nvidia
(Reuters) -Applied Digital shares soared nearly 65% to hit their highest level in more than a month on Thursday, after…
US job openings at 3-1/2-year low as labor market cools
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job openings dropped to a 3-1/2-year low in July, suggesting the labor market…
Hedge funds held gains in August market roller-coaster
By Nell Mackenzie LONDON (Reuters) – Global hedge funds posted positive results in August even as the unwind in popular…
Nvidia’s stock swoon turns attention to Big Tech’s sway over markets
By Lewis Krauskopf NEW YORK (Reuters) – Shares of Nvidia and other Big Tech stocks have helped power the markets…
Meta oversight board asks firm not to automatically remove pro-Palestinian phrase
(Reuters) – Meta Platforms’ Oversight Board said on Wednesday the Facebook parent should not automatically remove a phrase seen by…
Starlink emerges as fresh battleground between Musk, Brazil
By Ricardo Brito and Luciana Magalhaes BRASILIA/SAO PAULO (Reuters) -Tensions between Brazil and Elon Musk’s business empire ratcheted up further…
Hedge funds bet against banks, insurance and property, says Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Hedge funds continued to take bets against bank and financial stocks in the week…
AI server maker Super Micro denies short-seller Hindenburg’s claims
(Reuters) – Super Micro Computer on Tuesday denied claims made by short-seller Hindenburg Research in its report last week and…
US housing inflation likely to fall in year ahead, Fed paper says
(Reuters) – U.S. housing inflation is likely to ease in the coming year as the gap between supply and demand…