Nvidia shares soar nearly 30% as sales forecast jumps and AI booms
By Chavi Mehta and Stephen Nellis (Reuters) -Nvidia Corp on Wednesday forecast…
Month: May 2023
Facebook owner Meta slashes business teams in final round of layoffs
By Katie Paul NEW YORK (Reuters) -Meta Platforms Inc, owner of Facebook, slashed jobs…
Chipmaker Analog Devices’ weak forecast sparks share selloff
(Reuters) -Analog Devices Inc said on Wednesday that a turbulent economy would weigh on…
Higher interest rates boost hedge fund stock borrowing to record high…
By Nell Mackenzie LONDON (Reuters) - Borrowing across the global hedge fund industry has…
Unearthing the Intrinsic Value of Gold: A Comprehensive Analysis
Gold, with its illustrious history and captivating allure, has long held a prominent…
US securities regulator shuts down ‘sham’ marijuana…
By Chris Prentice NEW YORK (Reuters) - The U.S. Securities and Exchange Commission (SEC)…
Lowe’s cuts annual forecasts as home improvement demand falters
By Deborah Mary Sophia (Reuters) -Lowe's Cos Inc cut its annual sales and profit…
Marketmind: Fed hawks re-emerge, dollar pumped
A look at the day ahead in U.S. and global markets from Mike Dolan Amid all the…
Chinese money pours into Japan-focused funds, triggering risk warnings
SHANGHAI (Reuters) - Chinese money is pouring into Japan-focused stock funds as the Nikkei…
Zoom lifts annual forecasts even as growth slows from pandemic peaks
By Tiyashi Datta (Reuters) -Zoom Video Communications Inc on Monday raised its full-year…