Jul 11, 2023 | Business, Economy, General
A major player with deep pockets has taken a bullish position on PLTR, raising eyebrows. Today, a substantial position appeared in the publicly available options history, signaling insider knowledge. This is not your average occurrence. A staggering 33 uncommon...
Jul 11, 2023 | Business, Economy, US
By Safiyah Riddle (Reuters) -U.S. small business confidence climbed to a seven-month high in June as pessimism about the economic outlook diminished sharply and sales expectations improved, but a still-tight labor market continued to drive concerns about inflation,...
Jul 11, 2023 | Business, Economy, US
By Nupur Anand, Niket Nishant and Saeed Azhar NEW YORK (Reuters) -Wall Street banks are expected to report higher profits for the second quarter as rising interest payments offset a downturn in dealmaking. For universal banks such as JPMorgan and Wells Fargo...
Jul 11, 2023 | Business, Economy, Europe
BERLIN (Reuters) – Mercedes-Benz Group sales in the second quarter rose 6% year-on-year – a total of 515,700 vehicles – on the back of demand for all-electric and top-end vehicles, the German carmaker said on Tuesday. Sales grew in all the...
Jul 10, 2023 | Business, Economy, Europe, UK
By Suban Abdulla LONDON (Reuters) – Unusually hot weather boosted sales of sun screen and barbecue food in Britain last month, a British Retail Consortium survey showed on Tuesday, but consumers spent less on big-ticket items as high food prices continued to...
Jul 10, 2023 | Business, Economy, US
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended higher on Monday following last week’s losses, while Federal Reserve officials’ comments bolstered the view that the U.S. central bank may be near the end of its tightening cycle. The...