Trump pick Lutnick’s firm in talks with Tether for $2 billion bitcoin lending project, Bloomberg reports
(Reuters) – U.S. President-elect Donald Trump’s pick for Commerce Secretary, Howard Lutnick is in talks to deepen his financial ties…
Month: November 2024
Chinese hackers preparing for conflict, says US cyber official
Chinese hackers are positioning themselves in U.S. critical infrastructure in the event of a clash with the United States, a…
Fox and Hulu announce multi-year content streaming partnership
(Reuters) – Fox Entertainment and Hulu announced on Thursday a multi-year content deal whereby the Walt Disney-controlled streaming platform will…
Nvidia’s supply snags limit deliveries even as demand booms
By Stephen Nellis and Aditya Soni SAN FRANCISCO/BENGALURU (Reuters) -Nvidia’s revenue forecast on Wednesday raised questions over whether the artificial…
Trump attorney general pick Matt Gaetz drops bid in face of Senate opposition
By Bo Erickson and Andrew Goudsward WASHINGTON (Reuters) -Hardline Republican Matt Gaetz withdrew his name from consideration as President-elect Donald…
Citron Research discloses short position in bitcoin buyer MicroStrategy
(Reuters) – Citron Research has taken a short position in MicroStrategy, the company said in a post on social media…
PIMCO bullish on stocks on US soft landing hopes, cautious on inflation
By Davide Barbuscia NEW YORK (Reuters) – An optimistic outlook on the U.S. economy is prompting U.S. bond giant PIMCO…
TJX raises annual profit forecast as off-price stores attract bargain hunters
(Reuters) -TJX Cos raised its annual profit forecast on Wednesday, benefiting from lower costs and strong demand from cash-strapped customers…
Bitcoin bursts past $94,000 for the first time
By Medha Singh and Ankur Banerjee (Reuters) – Bitcoin rose to a fresh record high above $94,000 as a report…
Target shares slide 20% as retailer expects stagnant holiday quarter sales
By Savyata Mishra (Reuters) -Target forecast holiday-quarter comparable sales and profit below estimates on Wednesday as value-conscious consumers shopped for…