Year: 2024

Nvidia’s scorching shares drew hedge funds in Q4, filings show

• Business

Nvidia’s scorching shares drew hedge funds in Q4, filings show

Market Spectator February 16, 2024

(This Feb. 14 story has been corrected to change stock performance to ‘nearly 240%’ from 65%, in...

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Oil settles up, records weekly gain on Middle East tensions

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Oil settles up, records weekly gain on Middle East tensions

Market Spectator February 16, 2024

By Nicole Jao NEW YORK (Reuters) -Oil prices settled higher on Friday as geopolitical tensions in the...

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Amazon joins companies arguing US labor board is unconstitutional

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Amazon joins companies arguing US labor board is unconstitutional

Market Spectator February 16, 2024

By Daniel Wiessner (Reuters) – Amazon.com has joined rocket maker SpaceX and grocery chain Trader Joe’s in...

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DoorDash’s rising labor costs weigh on Q1 profit outlook, shares fall

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DoorDash’s rising labor costs weigh on Q1 profit outlook, shares fall

Market Spectator February 15, 2024

By Granth Vanaik (Reuters) -DoorDash on Thursday forecast a quarterly profitability metric below Wall Street expectations, hurt...

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Applied Materials sees quarterly revenue above estimates on AI boom

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Applied Materials sees quarterly revenue above estimates on AI boom

Market Spectator February 15, 2024

(Reuters) -Semiconductor equipment supplier Applied Materials forecast better-than-expected second-quarter revenue on strong demand for advanced chips used...

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VP Harris to tell Munich that Trump’s ideas won’t win over Americans

• Top News

VP Harris to tell Munich that Trump’s ideas won’t win over Americans

Market Spectator February 15, 2024

By Trevor Hunnicutt and Humeyra Pamuk WASHINGTON/MUNICH (Reuters) -U.S. Vice President Kamala Harris and Secretary of State...

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TSX posts biggest gain in two months as resource shares jump

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TSX posts biggest gain in two months as resource shares jump

Market Spectator February 15, 2024

By Purvi Agarwal and Fergal Smith (Reuters) -Canada’s main stock index on Thursday posted its biggest gain...

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Wall Street ends higher, lifted by Uber, Lyft and Nvidia

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Wall Street ends higher, lifted by Uber, Lyft and Nvidia

Market Spectator February 14, 2024

By Noel Randewich and Johann M Cherian (Reuters) -Wall Street ended sharply higher on Wednesday as ride-hailing...

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Meta adds exec from key chip partner to board

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Meta adds exec from key chip partner to board

Market Spectator February 14, 2024

By Max A. Cherney and Stephen Nellis (Reuters) -Meta Platforms on Wednesday added Broadcom CEO Hock Tan...

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Nvidia replaces Alphabet as Wall St’s third most valuable company

• Business

Nvidia replaces Alphabet as Wall St’s third most valuable company

Market Spectator February 14, 2024

By Noel Randewich (Reuters) -Nvidia eclipsed Google-parent Alphabet as the third most valuable U.S. company on Wednesday,...

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