by iwd | Aug 8, 2024 | Uncategorized
(Reuters) – Nasdaq is proposing amendments to its rules pertaining to penny stocks to put a faster, more stringent delisting process in place for non-compliant companies, according to a filing posted on the exchange operator’s website on Thursday.Nasdaq...
by iwd | Aug 7, 2024 | Business
(Reuters) – BHP Group, the world’s top miner, is mulling a sale of Brazilian copper and gold assets it took over as part of the buyout of smaller peer Oz Minerals, Bloomberg News reported on Wednesday, according to people familiar with the matter.BHP,...
by iwd | Aug 7, 2024 | Business
NEW YORK (Reuters) – Shares of Lumen Technologies surged 30% on Wednesday, extending gains from the previous session, after the telecommunications company boosted its annual free-cash-flow forecast due to demand related to artificial intelligence.Lumen shares...
by iwd | Aug 7, 2024 | Business
By Max A. CherneySAN FRANCISCO (Reuters) – For U.S. chip giant Intel, the darling of the computer age before it fell on harder times in the AI era, things might have been quite different. About seven years ago, the company had the chance to buy a stake in...
by iwd | Aug 7, 2024 | Uncategorized
By Ann Saphir(Reuters) – The interest rate for the most popular U.S. home loan plunged last week to its lowest level in 15 months, after the Federal Reserve signaled it could start cutting its policy rate in September and a downshift in the job market bolstered...
by iwd | Aug 6, 2024 | Uncategorized
By Shubham Batra and Shashwat Chauhan(Reuters) – Wall Street’s main stock indexes rose over 1% on Tuesday, as investors looked for bargains after a global stock selloff and dovish comments from Federal Reserve officials lifted market sentiment. All of...
by iwd | Aug 6, 2024 | General
By Yousef Saba and Sarah El SaftyDUBAI (Reuters) -Oil giant Saudi Aramco on Tuesday reported a 3.4% fall in second-quarter profit on lower crude volumes and softer refining margins, yet kept its generous dividend policy unchanged, with $31.1 billion in payouts for the...
by iwd | Aug 6, 2024 | General
By Aditya Soni(Reuters) – Apple’s lucrative deal with Google could be under threat after a U.S. judge ruled that the Alphabet-owned search giant was operating an illegal monopoly.A potential remedy for Google to avoid antitrust actions could involve...
by iwd | Aug 6, 2024 | Business
By Rajesh Kumar SinghCHICAGO (Reuters) – Microsoft blamed Delta Air Lines on Tuesday for its dayslong struggle to recover from a global cyber outage that led it to cancel more than 6,000 flights.The flight disruptions stranded hundreds of thousands of travelers...
by iwd | Aug 5, 2024 | General
By Kanishka Singh and Chandni ShahWASHINGTON (Reuters) – Secretaries of state from five U.S. states urged billionaire Elon Musk on Monday to fix social media platform X’s AI chatbot, saying it had spread misinformation related to the Nov. 5 election.WHY...