Month: April 2024

BofA hikes 2024 oil forecasts on tighter supply, geopolitical risks Illustration shows miniatures of oil barrels and rising stock graph

Illustration shows miniatures of oil barrels and rising stock graph

BofA hikes 2024 oil forecasts on tighter supply, geopolitical risks

Stock Focus Report April 3, 2024

(Reuters) -Bank of America (BofA) Global Research has raised its 2024 Brent and WTI oil price forecasts,...

Tesla quarterly deliveries decline for the first time in nearly four years FILE PHOTO: Tesla showroom in Beijing

FILE PHOTO: Tesla showroom in Beijing

Tesla quarterly deliveries decline for the first time in nearly four years

Stock Focus Report April 2, 2024

By Akash Sriram and Hyunjoo Jin (Reuters) -Tesla on Tuesday posted a decline in quarterly deliveries for...

Abbott’s heart valve repair device gains US FDA approval FILE PHOTO: Abbott Laboratories logo is displayed on a screen

Abbott’s heart valve repair device gains US FDA approval

Stock Focus Report April 2, 2024

By Puyaan Singh (Reuters) -Abbott Laboratories said on Tuesday the U.S. FDA has approved its heart valve...

Alibaba makes second biggest ever quarterly share repurchase worth $4.8 billion FILE PHOTO: Illustration shows Alibaba logo

Alibaba makes second biggest ever quarterly share repurchase worth $4.8 billion

Stock Focus Report April 2, 2024

(Corrects headline and text to say buyback is second biggest, not the biggest) (Reuters) – Chinese e-commerce...

Toyota reports 20% jump in first-quarter US auto sales Toyota trucks are shown on a car carrier for delivery

Toyota trucks are shown on a car carrier for delivery

Toyota reports 20% jump in first-quarter US auto sales

Stock Focus Report April 2, 2024

(Reuters) – Toyota Motor North America (TMNA) reported an about 20% rise in first-quarter U.S. auto sales...

Biden administration weighing $18 billion in arms transfers to Israel, sources say FILE PHOTO: U.S. President Joe Biden visits Raleigh, North Carolina

FILE PHOTO: U.S. President Joe Biden visits Raleigh, North Carolina

Biden administration weighing $18 billion in arms transfers to Israel, sources say

Stock Focus Report April 1, 2024

By Humeyra Pamuk, Patricia Zengerle and Matt Spetalnick WASHINGTON (Reuters) – President Joe Biden’s administration is weighing...

AT&T says leaked data set impacts about 73 million current, former account holders Illustration shows small toy figures with laptops and smartphones in

Illustration shows small toy figures with laptops and smartphones in

AT&T says leaked data set impacts about 73 million current, former account holders

Stock Focus Report April 1, 2024

(Reuters) -Telecom company AT&T said on Saturday that it is investigating a data set released on the...

UPS to replace FedEx as U.S. Postal Service’s primary air cargo provider FILE PHOTO: UPS cargo planes are seen in the cargo

FILE PHOTO: UPS cargo planes are seen in the cargo

UPS to replace FedEx as U.S. Postal Service’s primary air cargo provider

Stock Focus Report April 1, 2024

By Ananta Agarwal and Deborah Mary Sophia (Reuters) -United Parcel Service said on Monday it will become...

OpenAI removes Sam Altman’s ownership of its Startup Fund FILE PHOTO: 54th WEF annual meeting in Davos

FILE PHOTO: 54th WEF annual meeting in Davos

OpenAI removes Sam Altman’s ownership of its Startup Fund

Stock Focus Report April 1, 2024

By Krystal Hu (Reuters) – OpenAI has changed the governance structure of its venture capital fund that...

Analysis-Relentless US credit demand seen driving second-quarter rally FILE PHOTO: The Charging Bull or Wall Street Bull is

FILE PHOTO: The Charging Bull or Wall Street Bull is

Analysis-Relentless US credit demand seen driving second-quarter rally

Stock Focus Report April 1, 2024

By Shankar Ramakrishnan (Reuters) – An investor scramble to lock in returns before the Federal Reserve cuts...