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U.S. Stock
Nov 15, 2024
Glenview, Sachem Head, Third Point buy CVS shares during Q3-filings
By Svea Herbst-Bayliss NEW YORK (Reuters) - Three prominent investment firms bet changes are in the offing at ailing healthcare giant CVS Health (NYSE:CVS) and added to existing...
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Nov 14, 2024
Bristol Myers faces renewed, $6.7 billion lawsuit over delayed cancer drug
NEW YORK (Reuters) - Bristol Myers Squibb was hit on Thursday with a $6.7 billion lawsuit claiming it cheated former Celgene (NASDAQ:CELG) shareholders by delaying federal...
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Nov 14, 2024
US man sentenced to 5 years over laundering crypto stolen from Bitfinex hack
By Kanishka Singh WASHINGTON (Reuters) - A New York technology entrepreneur was sentenced to five years in prison on Thursday after pleading guilty last year to laundering funds...
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Nov 14, 2024
Lenovo Q2 profit jumps 44% on AI demand boost
-- Lenovo Group (HK:0992) clocked a sharp jump in its profit for the September quarter as the PC maker saw strong demand for its devices and its tech infrastructure...
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Nov 14, 2024
Disney offers robust multi-year forecast, stoking stock
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Walt Disney (NYSE:DIS) shares surged Thursday after the entertainment giant reported quarterly earnings that beat...
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Nov 14, 2024
Wall St indexes end lower after Powell erodes hopes for December rate cut
By Sinéad Carew and Lisa Pauline Mattackal (Reuters) -Wall Street's main indexes closed lower on Thursday after Federal Reserve Chair Jerome Powell dampened investors' hopes for...
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Nov 14, 2024
Tesla, financials and other 'Trump trades' drew funds in Q3, filings show
By Carolina Mandl NEW YORK (Reuters) -Hedge funds piled into bets on financial stocks, Tesla (NASDAQ:TSLA) shares and a prison operator in the third quarter, filings showed, ahead...
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Nov 14, 2024
No joke: the Onion parody website buys Alex Jones' Infowars out of bankruptcy
By Dietrich Knauth and Katie Paul NEW YORK (Reuters) -Like a headline lifted from the Onion, the parody news website is buying conspiracy theorist Alex Jones' Infowars in a...
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Nov 14, 2024
Chinese self-driving firm Pony AI seeks up to $4.5 billion valuation in US IPO
By Arasu Kannagi Basil (Reuters) -Pony AI is seeking a valuation of up to $4.48 billion in its U.S. initial public offering, it said on Thursday, as the Chinese self-driving firm...
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Nov 14, 2024
Applied Materials' revenue forecast signals weak spending outside AI chips
By Jaspreet Singh (Reuters) -Applied Materials forecast first-quarter revenue below Wall Street estimates on Thursday, a sign of sluggish demand for the chipmaking equipment...
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