Oracle shares pare gains as analysts weigh over $100 billion fiscal 2029 revenue forecast
By Jaspreet Singh (Reuters) -Oracle shares pared most of their gains on Friday after spiking nearly 8%, with some analysts…
2024
Nvidia’s stock market dominance fuels big swings in the S&P 500
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Nvidia’s huge stock rally is still exerting an outsized influence over the…
US household wealth rises in Q2 to record $163.8 trln
(Reuters) -U.S. household wealth rose last quarter to $163.8 trillion, a fresh record, driven by gains in real estate values…
Moderna expects up to $3.5 billion in 2025 sales
By Patrick Wingrove (Reuters) – Moderna on Thursday said it expects sales of between $2.5 billion and $3.5 billion next…
OpenAI launches new series of AI models with ‘reasoning’ abilities
(Reuters) -Microsoft-backed OpenAI said on Thursday it was launching a series of AI models designed to spend more time processing…
Buffett’s insurance leader Ajit Jain sells large part of Berkshire stake
By Jonathan Stempel (Reuters) – Ajit Jain, the longtime top insurance executive at Warren Buffett’s Berkshire Hathaway, sold more than…
Nippon Steel makes last ditch effort to win U.S. nod on US Steel deal, source says
WASHINGTON (Reuters) – A top Nippon Steel executive plans to meet with senior U.S. officials on Wednesday to try and…
Biden administration grants Egypt $1.3 billion in military aid despite rights requirements
By Simon Lewis WASHINGTON (Reuters) – The Biden administration on Wednesday notified the U.S. Congress that it will provide Egypt…
Biden, Harris and Trump visit Sept. 11 site in New York
By Andrea Shalal and Nandita Bose NEW YORK (Reuters) – President Joe Biden, Vice President Kamala Harris and former President…
JPMorgan names David Bauer co-head of ECM Americas
(Reuters) – JPMorgan Chase has named David Bauer as its new co-head of equity capital markets in the Americas, according…