Prominent investors rekindle affection for Amazon in Q2 as stock price jumps
By Svea Herbst-Bayliss NEW YORK (Reuters) – Several prominent investors including hedge fund Baupost Group and mutual fund giant Fidelity…
Category: General
AMC Entertainment gets approval for revised investor settlement, preferred stock soars
By Tom Hals and Jody Godoy WILMINGTON, Delaware (Reuters) – A Delaware judge approved AMC Entertainment’s revised stockholder settlement on…
Biden’s ‘ticking time bomb’ remark referred to China’s internal tensions -White House
By Andrea Shalal and Michael Martina WASHINGTON (Reuters) – President Joe Biden’s comment about China being a “ticking time bomb”…
Oil up on record demand forecast, 7th straight weekly gain
By Shariq Khan BENGALURU (Reuters) -Oil prices edged higher on Friday after the International Energy Agency forecast record global demand…
Retail investors flock to penny stocks WeWork, Amyris, Proterra
By Medha Singh (Reuters) – WeWork, a prized startup just four years ago but now a micro-cap, and other penny…
Microsoft’s role in data breach part of US cyber inquiry -Bloomberg News
(Reuters) – A U.S. cybersecurity advisory panel will investigate risks in cloud computing that will also include Microsoft Corp’s role…
Analysis-US stock gains may grow elusive as boost from inflation slowdown wanes
By Lewis Krauskopf NEW YORK (Reuters) – As inflation worries ease, U.S. stocks may need a fresh source of fuel…
Robinhood defeats investors’ appeal over meme stock frenzy
By Jonathan Stempel (Reuters) – Robinhood Markets on Thursday defeated an appeal by investors over the stock trading platform’s decision…
Ford exec expects software to boost revenue for commercial trucks, vans
By Paul Lienert (Reuters) – Ford Motor expects to incorporate more and better software into the trucks and vans in…
US FDA approves Johnson & Johnson’s blood cancer therapy
By Mariam Sunny (Reuters) -Johnson & Johnson said on Thursday the U.S. Food and Drug Administration had approved its antibody-based…