US stocks end lower ahead of Powell, jobs data; bitcoin surges
By Stephen Culp NEW YORK (Reuters) -Wall Street stocks closed lower on Monday, backing away from record highs, while U.S.…
Month: March 2024
Former Twitter execs sue Elon Musk for over $128 million in severance
(Reuters) -Four former top Twitter executives, including former CEO Parag Agrawal, have sued Elon Musk for over $128 million in…
Factbox-What is in the US government funding bill before Congress?
WASHINGTON (Reuters) – Five months into the fiscal year, congressional negotiators have unveiled the first tranche of bills to avert…
X, ByteDance, Booking.com could face tough EU rules
By Foo Yun Chee BRUSSELS (Reuters) – Elon Musk’s X social media platform, TikTok owner ByteDance and Booking.com may meet…
Super Tuesday to test resurgent crypto industry’s political might
By Stephanie Kelly NEW YORK (Reuters) – Crypto is back! And it’s not just in the markets. The burgeoning cryptocurrency…
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…
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…
Nvidia CEO says AI could pass human tests in five years
By Stephen Nellis PALO ALTO, California – (Reuters) – Nvidia Chief Executive Jensen Huang on Friday said that artificial general…