Nvidia results could spur record $300 billion swing in shares, options show
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Traders in the U.S. equity options market are expecting Nvidia’s upcoming earnings…
Uncategorized
Elliott lays out its case for leadership change at Southwest Airlines
By Svea Herbst-Bayliss NEW YORK (Reuters) -Elliott Investment Management, which now holds voting power over roughly 9.7% of Southwest Airlines,…
Fed most likely to cut rates by quarter percentage point next month, Daly says
By Ann Saphir (Reuters) – San Francisco Federal Reserve President Mary Daly on Monday said “the time is upon us”…
Wall Street ends sharply higher as Powell cements September rate cut hopes
By Stephen Culp NEW YORK (Reuters) -U.S. stocks rallied on Friday as dovish remarks from U.S. Federal Reserve Chair Jerome…
Analysis-Fed’s dovish shift a mixed blessing for BOJ rate hike plan
By Leika Kihara JACKSON HOLE, Wyoming (Reuters) – The U.S. Federal Reserve’s dovish shift will likely give the Bank of…
J&J in talks with holdouts to $6.5 billion talc settlement
By Dietrich Knauth and Mike Spector NEW YORK (Reuters) – Johnson & Johnson said on Friday it is negotiating with…
Amazon must face D.C.’s antitrust lawsuit, appeals court rules
By Jody Godoy (Reuters) – An appeals court in Washington, D.C. revived the district’s lawsuit against Amazon.com Inc on Thursday,…
Target raises 2024 profit forecast as price cuts draw shoppers
By Ananya Mariam Rajesh, Siddharth Cavale (Reuters) -Target raised its full-year profit forecast on Wednesday and reported its first increase…
S&P 500 to end 2024 near current level, suggests AI rally fizzling out
By Noel Randewich (Reuters) – The S&P 500 will trade near current record levels at year-end, according to a Reuters…
Southwest digs in for boardroom battle with Elliott
By Rajesh Kumar Singh and Allison Lampert CHICAGO (Reuters) – Southwest Airlines is girding itself for a fight with Elliott…