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Nvidia short sellers lose $826 million as stock jumps after strong forecast
Nvidia short sellers lose $826 million as stock jumps after strong forecast
Investors with short position on Nvidia lost $826 million in mark-to-market losses on Thursday, data from analytics firm
2023-08-24 21:50
US auto sales to rise in August on increased vehicle supply, strong demand
US auto sales to rise in August on increased vehicle supply, strong demand
New vehicle sales in the United States are expected to rise in August, helped by improved supply and
2023-08-24 21:26
Nike shareholders push for more reporting on pay equity
Nike shareholders push for more reporting on pay equity
By Katherine Masters NEW YORK Proxy advisory firm Institutional Shareholder Services recommended on Wednesday that Nike investors vote
2023-08-24 21:25
China's Meituan swings to profit on food delivery rebound, flags headwinds
China's Meituan swings to profit on food delivery rebound, flags headwinds
By Casey Hall SHANGHAI (Reuters) -Chinese food delivery giant Meituan on Thursday posted a bigger-than-expected 33.4% rise in second-quarter revenue,
2023-08-24 20:56
Dollar rises ahead of Jackson Hole, Turkish lira rallies
Dollar rises ahead of Jackson Hole, Turkish lira rallies
By Joice Alves LONDON The dollar rose on Thursday as investors awaited for U.S. job data ahead of
2023-08-24 20:27
Roark Capital Set to Win Bidding for Subway in $9 Billion Deal
Roark Capital Set to Win Bidding for Subway in $9 Billion Deal
Roark Capital Group is poised to win the race to acquire US sandwich chain Subway, people with knowledge
2023-08-24 19:58
TSX futures up on higher oil prices; bank earnings start on mixed note
TSX futures up on higher oil prices; bank earnings start on mixed note
Toronto futures crept higher on Thursday, pushed by oil prices, while Canadian big banks' quarterly earnings kicked off
2023-08-24 19:54
Could Fed Chair Powell's Jackson Hole speech send stocks plunging again?
Could Fed Chair Powell's Jackson Hole speech send stocks plunging again?
With Nvidia earnings out of the way, the next test for US markets is Federal Reserve Chair Jerome Powell's annual speech at the Jackson Hole economic summit on Friday.
2023-08-24 19:46
Another Trafigura Metals Exec Departs as Pressure on Unit Grows
Another Trafigura Metals Exec Departs as Pressure on Unit Grows
Trafigura Group’s head of metals business development is leaving, the latest sign of the pressure facing the commodity
2023-08-24 19:26
Boeing shares fall as 737 goal at risk from supplier defect involving Spirit
Boeing shares fall as 737 goal at risk from supplier defect involving Spirit
By Abhijith Ganapavaram (Reuters) -Boeing shares fell 2% before the bell on Thursday after the U.S. planemaker warned of delays
2023-08-24 19:24
Coalition Quagmire Awaits New Thai Leader After Thaksin’s Return
Coalition Quagmire Awaits New Thai Leader After Thaksin’s Return
Thailand’s Srettha Thavisin may soon find that winning the prime minister’s job was easier than running a coalition
2023-08-24 17:57
Tech Rally Drives Best Day for Chinese Stocks in a Month
Tech Rally Drives Best Day for Chinese Stocks in a Month
A gauge of Chinese stocks listed in Hong Kong capped its best day in a month, as optimism
2023-08-24 17:19
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