NYCB shares tumble 26% after ‘material weakness’ disclosure rattles investors
By Niket Nishant and Nupur Anand (Reuters) -New York Community Bancorp shares plunged nearly 26% on Friday after it replaced…
Day: March 2, 2024
S&P 500, Nasdaq close at fresh records on AI boost, easing yields
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks rose on Friday, with the S&P 500 and Nasdaq closing at record…
US value stocks draw bargain hunters while AI fever rages
By David Randall NEW YORK (Reuters) -As fervor for artificial intelligence sweeps Wall Street, some investors are seeking bargains in…
Reddit seeks up to $6.5 billion valuation in IPO, source says
By Echo Wang (Reuters) – Media platform Reddit is eyeing a valuation of up to $6.5 billion in its initial…