Stock index futures trading early Friday indicates the S&P 500 will begin the session several points above the 5,000 mark. Overcoming – and closing above – the big round numbers…
Category: Stocks
Exclusive-Nvidia chases $30 billion custom chip market with new Reuters unit sources
©Reuters. FILE PHOTO: Nvidia’s Grace Hopper superchips are displayed at Gigabyte during COMPUTEX Taipei, one of the world’s largest computer and technology trade shows, in Taipei, Taiwan, May 30, 2023.…
PepsiCo Slips After Full-Year Organic Sales Outlook Disappoints (NASDAQ:PEP)
Joe Raedle/Getty Images News PepsiCo (NASDAQ:PEP) traded lower early on Friday, after falling short of consensus estimates with its fourth-quarter earnings report. The beverage giant reported that organic sales increased…
Because one of Wall Street’s most reliable recession indicators may have failed
An inverted Treasury yield curve has historically been one of Wall Street’s most reliable recession indicators. But it has been flashing for more than a year now, with few signs…
Saab posts 8% profit rise, raises targets as nations increase military spending From Reuters
©Reuters. FILE PHOTO: The Saab Technologies logo is displayed during the fifth day of the Dubai Air Show in Dubai, United Arab Emirates, November 21, 2019. REUTERS/Christopher Pike/File Photo By…
Barclays is to buy the retail banking division of supermarket chain Tesco for £600m
Tesco said on Friday it would sell Tesco Bank’s retail banking business to Barclays initially for £600m, and then for a further £100m after settlement of certain amounts of regulatory…
Roche cuts product development jobs
©Reuters. FILE PHOTO: The logo of Swiss pharmaceutical manufacturer Roche is seen at its headquarters in Basel, Switzerland, January 30, 2020. REUTERS/Arnd Wiegmann/File Photo ZURICH (Reuters) -Roche is cutting 345…
WildBrain GAAP EPS of C$0.02, revenue of C$126.3 million; updates guidance for fiscal 2024
WildBrain (OTC:WLDBF) Press Release: Q2 GAAP EPS of C$0.02. Revenues of 126.3 million Canadian dollars (-10.1% y/y). Adjusted EBITDA was C$25.2 million, compared to C$26.0 million in the prior-year period.…
The Great Chicken Wing Debate: Are They an Appetizer or a Main Course?
The ever-popular chicken wing — also America’s favorite dish on Super Bowl Sunday — is apparently going through an identity crisis. Classic finger food has long been a staple of…
IMF’s Gopinath urges BOJ to slow interest rate rise By Reuters
2/2 ©Reuters. FILE PHOTO: Sergio P. Ermotti, CEO of UBS Group, Gita Gopinath, First Deputy Managing Director of the International Monetary Fund (IMF) and Slawomir Krupa, CEO of Societe Generale…