Business

X, ByteDance, Booking.com could face tough EU rules

• Business

X, ByteDance, Booking.com could face tough EU rules

Market Spectator March 4, 2024

By Foo Yun Chee BRUSSELS (Reuters) – Elon Musk’s X social media platform, TikTok owner ByteDance and...

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NYCB shares tumble 26% after ‘material weakness’ disclosure rattles investors

• Business

NYCB shares tumble 26% after ‘material weakness’ disclosure rattles investors

Market Spectator March 2, 2024

By Niket Nishant and Nupur Anand (Reuters) -New York Community Bancorp shares plunged nearly 26% on Friday...

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S&P 500, Nasdaq close at fresh records on AI boost, easing yields

• Business

S&P 500, Nasdaq close at fresh records on AI boost, easing yields

Market Spectator March 2, 2024

By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks rose on Friday, with the S&P 500 and Nasdaq...

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US value stocks draw bargain hunters while AI fever rages

• Business

US value stocks draw bargain hunters while AI fever rages

Market Spectator March 2, 2024

By David Randall NEW YORK (Reuters) -As fervor for artificial intelligence sweeps Wall Street, some investors are...

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Reddit seeks up to $6.5 billion valuation in IPO, source says

• Business

Reddit seeks up to $6.5 billion valuation in IPO, source says

Market Spectator March 2, 2024

By Echo Wang (Reuters) – Media platform Reddit is eyeing a valuation of up to $6.5 billion...

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Nvidia CEO says AI could pass human tests in five years

• Business

Nvidia CEO says AI could pass human tests in five years

Market Spectator March 1, 2024

By Stephen Nellis PALO ALTO, California – (Reuters) – Nvidia Chief Executive Jensen Huang on Friday said...

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Boeing in early talks to buy supplier Spirit Aero

• Business

Boeing in early talks to buy supplier Spirit Aero

Market Spectator March 1, 2024

By Abhijith Ganapavaram, Allison Lampert and Valerie Insinna (Reuters) -Boeing said on Friday it was in preliminary...

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Technology and cricket big wins for billionaire Ambani in Disney tie-up

• Business

Technology and cricket big wins for billionaire Ambani in Disney tie-up

Market Spectator March 1, 2024

By Munsif Vengattil and M. Sriram BENGALURU (Reuters) – A Disney-Reliance assets merger in India will create...

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Dell forecasts upbeat fiscal 2025 on AI server demand

• Business

Dell forecasts upbeat fiscal 2025 on AI server demand

Market Spectator March 1, 2024

By Jaspreet Singh (Reuters) -Dell Technologies forecast annual revenue and profit above Wall Street estimates on Thursday,...

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S&P, Nasdaq end at records as inflation data supports rate cut view

• Business

S&P, Nasdaq end at records as inflation data supports rate cut view

Market Spectator February 29, 2024

By Chuck Mikolajczak and Noel Randewich NEW YORK (Reuters) -The S&P 500 and Nasdaq closed at record...

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