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Day: August 1, 2024

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World stocks up, yields fall as traders eye central bank moves

August 1, 2024

By Chris Prentice and Samuel Indyk NEW YORK/LONDON (Reuters) -Global equities broadly gained on Thursday as treasury yields slid after…

Carvana shares surge on robust 2024 core profit forecast
Business

Carvana shares surge on robust 2024 core profit forecast

August 1, 2024

(Reuters) – Shares of Carvana surged nearly 13% in premarket trade a day after the used car retailer forecast annual…

Tech giants faced major market cap drop in July on earnings worries
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Tech giants faced major market cap drop in July on earnings worries

August 1, 2024

(Reuters) – Global mega tech companies’ market capitalisation dropped sharply in July, in response to disappointing quarterly results and concerns…

Business

Arm outlook disappoints Wall Street, shares dive 13%

August 1, 2024

By Max A. Cherney -Arm Holdings will not exceed Wall Street revenue expectations this quarter from the artificial intelligence frenzy,…

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