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Nov 16, 2024
What are the economics of the Trump trade: BofA
In a recent note to clients, Bank of America strategists delved into the economics of the "Trump trade,” examining how the election outcome has spurred dramatic...
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Nov 16, 2024
Archegos' Bill Hwang deserves 21 years in prison, US says
By Jonathan Stempel NEW YORK (Reuters) - Bill Hwang, the founder of Archegos Capital Management, should spend 21 years in prison for running a market manipulation scheme that...
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Nov 16, 2024
Netflix down for thousands of users in United States, Downdetector says
(Reuters) -Streaming platform Netflix (NASDAQ:NFLX) was down for thousands of users in the United States late on Friday, outage tracking website Downdetector.com said, just as...
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Nov 16, 2024
T-Mobile hacked in massive Chinese breach of telecom networks, WSJ reports
(Reuters) -T-Mobile's network was among the systems hacked in a damaging Chinese cyber-espionage operation that gained entry into multiple U.S. and international...
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Nov 16, 2024
Major Trump Media shareholder sells nearly entire stake
(Reuters) - Trump Media & Technology Group's key shareholder, ARC Global Investments, has unloaded nearly all its stake in the media company, it said in a regulatory filing on...
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Nov 15, 2024
Musk's political ascendancy stirs hopes of redemption for X banks
By Shankar Ramakrishnan and Echo Wang (Reuters) -Elon Musk's political ascendancy has some Wall Street banks hoping they may soon be able to offload $13 billion of debt that...
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Nov 15, 2024
S&P revises South Africa's outlook to positive on better reforms, growth potential
(Reuters) - Ratings agency S&P revised South Africa's outlook to "positive" from "stable" on Friday, citing plans for accelerated economic reforms by the new government of...
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Nov 15, 2024
Fitch downgrades Spirit Airlines' long-term credit rating
(Reuters) - Fitch Ratings on Friday downgraded the long-term credit rating of Spirit Airlines (NYSE:SAVE) to 'CC' from ' CCC (WA:CCCP)', bringing it below the low-cost...
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Nov 15, 2024
U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.70%
– U.S. stocks were lower after the close on Friday, as losses in the Technology, Healthcare and Consumer Services sectors led shares lower. At the close in NYSE, the...
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Nov 15, 2024
Mexico stocks higher at close of trade; S&P/BMV IPC up 0.01%
– Mexico stocks were higher after the close on Friday, as gains in the Industrials, Consumer Goods & Services and Consumer Staples sectors led shares higher. At the...
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