By Sinéad Carew and Dhara Ranasinghe NEW YORK/LONDON (Reuters) – MSCI’S global equities index edged higher on Monday ahead of key inflation data and central bank policy meetings, while the euro fell…
Month: June 2024
Nvidia sparks chatter over possible Dow inclusion after stock split
(Reuters) – Nvidia’s 10-for-1 stock split aimed at luring retail investors has taken effect, sparking speculation over chances of the artificial intelligence bellwether’s inclusion in the blue-chip Dow index. The split, aimed…
GameStop tumbles for second day as meme-stock rally fades
(Reuters) – Shares of GameStop tumbled for a second consecutive session on Monday, extending deep losses after stock influencer Keith Gill’s return to YouTube last week failed to spark fresh investor enthusiasm…
Chipmaker Intel to halt $25-billion Israel plant, news website says
JERUSALEM (Reuters) – Intel Corp is halting plans for a $25-billion factory in Israel, Israeli financial news website Calcalist said on Monday, in a report that the chipmaker did not confirm or…
US and British airstrikes hit Yemen, Houthis say
DUBAI (Reuters) – U.S. and British forces carried out six airstrikes on targets in Yemen on Friday, a Houthi-run television station said. Four attacks were made on the airport of Hodeidah –…
Chrysler to recall more than 211,000 vehicles in US due to software malfunction, NHTSA says
(Reuters) – Chrysler is recalling more than 211,000 vehicles in the United States due to a software malfunction that could disable the electronic stability control system, the National Highway Traffic Safety Administration…
Short bets against Nvidia stand at $34 billion, S3 Partners says
(Reuters) – As Nvidia threatens to dethrone Microsoft as the world’s most valuable company, at least a few investors are betting its soaring shares will return to earth. Outstanding short bets against…
CrowdStrike, KKR, GoDaddy to join benchmark S&P 500
(Reuters) – The S&P Dow Jones Indices said on Friday that private equity firm KKR & Co, cybersecurity company CrowdStrike and internet services provider GoDaddy will join the benchmark S&P 500 before…
Norway wealth fund to vote against Musk’s $56 billion Tesla pay package
By Louise Rasmussen and Gwladys Fouche OSLO (Reuters) -Norway’s $1.7 trillion sovereign wealth fund said on Saturday it will vote against ratifying Tesla CEO Elon Musk’s $56 billion pay package, which is…
Nippon Steel executive saw positive reaction from U.S. Steel workers and others
TOKYO (Reuters) – Nippon Steel Vice Chairman Takahiro Mori met with U.S. Steel’s employees and community leaders this week to gain better understanding of its proposed acquisition of the U.S. company and…