Yields, dollar rise after stronger-than-expected US PPI data
By Caroline Valetkevitch NEW YORK (Reuters) -U.S. Treasury yields rose and the dollar edged up against the yen on Friday…
Day: February 16, 2024
JPMorgan to pay about $350 million penalty over trade reporting gaps
(Reuters) -JPMorgan Chase and Co will pay civil penalties of about $350 million to regulators for reporting incomplete trading data…
OpenAI valued at $80 billion after deal, NYT reports
(Reuters) -Microsoft-backed OpenAI has completed a deal that values the artificial intelligence company at $80 billion or more, the New…
High-flying Nvidia’s earnings could test US stock market’s AI dreams
By David Randall and Saqib Iqbal Ahmed NEW YORK (Reuters) – Next week’s earnings report from chipmaker Nvidia could prove…
Nvidia’s scorching shares drew hedge funds in Q4, filings show
(This Feb. 14 story has been corrected to change stock performance to ‘nearly 240%’ from 65%, in paragraph 2) By…
Oil settles up, records weekly gain on Middle East tensions
By Nicole Jao NEW YORK (Reuters) -Oil prices settled higher on Friday as geopolitical tensions in the Middle East more…
Amazon joins companies arguing US labor board is unconstitutional
By Daniel Wiessner (Reuters) – Amazon.com has joined rocket maker SpaceX and grocery chain Trader Joe’s in claiming that a…