Amazon Prime Day sales rise as deep discounts tempt inflation-hit shoppers
By Ananya Mariam Rajesh, Granth Vanaik and Arriana McLymore (Reuters) -Amazon.com’s Prime Day two-day shopping event saw U.S. online sales…
Category: Economy
Nasdaq leads Wall St to higher close as CPI report lifts sentiment
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended solidly higher on Wednesday, led by a gain of more…
US economy shifts into disinflation mode; consumer prices rise modestly
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices rose modestly in June and registered their smallest annual increase in…
Options hedges against a break in US stock market calm at record high
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Options traders are taking advantage of muted U.S. stock market gyrations to…
What is Nasdaq’s special rebalancing and its impact?
By Sruthi Shankar and Medha Singh (Reuters) -A “special rebalance” of the Nasdaq 100 index will take place later this…
Massive Options Bet on Palantir
A major player with deep pockets has taken a bullish position on PLTR, raising eyebrows. Today, a substantial position appeared…
Small business confidence reaches 7-month high in June, NFIB says
By Safiyah Riddle (Reuters) -U.S. small business confidence climbed to a seven-month high in June as pessimism about the economic…
US banking giants to report higher profits even as dealmaking drags
By Nupur Anand, Niket Nishant and Saeed Azhar NEW YORK (Reuters) -Wall Street banks are expected to report higher profits…