©Reuters. Why is Joby Aviation (JOBY) stock up today? Shares of Joby Aviation (NYSE:) jumped more than 4.2% in premarket trading on Monday. The stock was down about 4% at…
Category: Business News
All the market-moving chatter from Wall Street on Monday morning
(This is CNBC Pro’s live coverage of Monday’s analyst calls and Wall Street chatter. Refresh every 20 to 30 minutes to see the latest posts.) An electric vehicle stock and…
LVMH-backed fund is buying a big chunk of Tod’s as the maker of leather driving moccasins struggles to stay relevant in the world of luxury
The founding family of Tod’s SpA is teaming up with buyout firm L Catterton in a new attempt to take the company private, with an offer valuing the Italian luxury…
Ships avoid the Red Sea and Suez Canal despite reduced Houthi threat
US and UK airstrikes have reduced the risk to ships of attacks by Yemen’s Houthis in the Red Sea, but there is little prospect of many shipping companies making a…
Nvidia CEO Huang says countries need to build sovereign AI infrastructure By Reuters
©Reuters. Jensen Huang, CEO of NVIDIA, attends a session of the World Governments Summit, in Dubai, United Arab Emirates, February 12, 2024. REUTERS/AMR Alfiky AMSTERDAM (Reuters) -Nvidia Chief Executive Jensen…
The German economy is on shaky ground and there are few signs of hope
Federal Chancellor Olaf Scholz (SPD, rl), Robert Habeck (Alliance 90/Greens), Federal Minister for Economic Affairs and Climate Protection, and Christian Lindner (FDP), Federal Minister for Finance, follow the debate at…
How much are Super Bowl rings worth and who makes them?
Winning the Super Bowl brings more than a trip to Disney World and a nice financial bonus, it also gives players access to some of the best gems on the…
Rwanda’s bill makes a mockery of the UK’s human rights obligations, MPs warn
Unlock the Publisher’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Rishi Sunak’s proposed Rwanda asylum bill is “fundamentally incompatible” with…
Israel hits Rafah refugee camp, 37 dead, local health officials say Reuters
2/2 ©Reuters. Smoke rises during an Israeli ground operation in Khan Younis, amid the ongoing conflict between Israel and the Palestinian Islamic group Hamas, seen from a tent camp protecting…
How to create a diversified bond portfolio with yields up to 6%.
Rising yields were a major theme last year as bonds entered a bear market. Yields on 10-year Treasury bonds rose as high as 5% in October – a 16-year high…