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June 13, 2024
The S&P 500 and Nasdaq achieved record highs for the fourth consecutive session, driven by strong technology shares. Despite a rise in U.S. unemployment claims, lower producer prices have fuelled hopes for a Federal Reserve rate cut in September. Broadcom and Nvidia shares soared, highlighting the tech sector's dominance.
May 31, 2024
Tesla shareholders will vote on CEO Elon Musks $56 billion pay package on June 13 that a Delaware judge voided in January, calling the sum unfathomable and because she found the billionaire...
May 31, 2024
(Reuters) - Tesla shareholders will vote on CEO Elon Musk's $56 billion pay package on June 13 that a Delaware judge voided in January, calling the sum "unfathomable" and because she found the billionaire improperly controlled the process. Musk's p...
May 31, 2024
Sanofi and partner Regeneron Pharmaceuticals have secured the European regulators backing for use of Dupixent in patients with a chronic lung disease even as the U.S. Food and Drug Administration ...
May 30, 2024
Birkenstock raised its annual revenue forecast on Thursday, as the German sandal maker bets on benefits from full-price selling and strong demand for its closed-toe silhouettes and cork-based...
May 23, 2024
Futures tracking the tech-heavy Nasdaq and the benchmark S&P 500 climbed on Thursday as chip stocks rallied after Nvidias upbeat revenue forecast cemented investor optimism around the meteoric...
May 23, 2024
The tech-heavy Nasdaq and the benchmark S&P 500 were poised to open higher on Thursday, driven by a rally in chip stocks after Nvidias upbeat revenue forecast cemented investor optimism around the...
May 23, 2024
The tech-heavy Nasdaq climbed on Thursday as investors cheered AI chip leader Nvidias blowout revenue forecast, but persistent worries about U.S. inflation limited gains in the broader U.S. market. ...
May 22, 2024
U.S. index futures were subdued on Wednesday as investors zeroed in on the weeks biggest events, AI chip leader Nvidias quarterly results and the Federal Reserves policy meeting minutes due...
May 22, 2024
The local bodies sent a letter of demand for Evergrande Automotive Holdings to terminate a series of investment cooperation agreements made between the parties since April 29, 2019, the electric vehicle (EV) unit of China Evergrande said in a statement. "The above demands of the letter, if ultimately implemented, could have a material adverse impact on the financial position and operations of the Company or each of the relevant subsidiaries."