Year: 2024

X, ByteDance, Booking.com could face tough EU rules

• Business

X, ByteDance, Booking.com could face tough EU rules

Stock Focus Report March 4, 2024

By Foo Yun Chee BRUSSELS (Reuters) – Elon Musk’s X social media platform, TikTok owner ByteDance and...

Read More Read more about X, ByteDance, Booking.com could face tough EU rules

Macy’s surges after investor group sweetens take-private bid to $6.6 billion

• Business

Macy’s surges after investor group sweetens take-private bid to $6.6 billion

Stock Focus Report March 4, 2024

By Savyata Mishra (Reuters) -Macy’s shares jumped 16% on Monday after investors Arkhouse Management and Brigade Capital...

Read More Read more about Macy’s surges after investor group sweetens take-private bid to $6.6 billion

NerdWallet says it did not file for bankruptcy, cites fraudulent filing

• Economy

NerdWallet says it did not file for bankruptcy, cites fraudulent filing

Stock Focus Report March 4, 2024

(Reuters) – NerdWallet Inc said on Saturday that it did not file for bankruptcy, saying a fraudulent...

Read More Read more about NerdWallet says it did not file for bankruptcy, cites fraudulent filing

Trump, Haley brawl in North Carolina, previewing November contest

• Domestic

Trump, Haley brawl in North Carolina, previewing November contest

Stock Focus Report March 3, 2024

By James Oliphant and Gram Slattery GREENSBORO, North Carolina (Reuters) -Republican frontrunner Donald Trump on Saturday made...

Read More Read more about Trump, Haley brawl in North Carolina, previewing November contest

US value stocks draw bargain hunters while AI fever rages

• Business

US value stocks draw bargain hunters while AI fever rages

Stock Focus Report March 2, 2024

By David Randall NEW YORK (Reuters) -As fervor for artificial intelligence sweeps Wall Street, some investors are...

Read More Read more about US value stocks draw bargain hunters while AI fever rages

Reddit seeks up to $6.5 billion valuation in IPO, source says

• Business

Reddit seeks up to $6.5 billion valuation in IPO, source says

Stock Focus Report March 2, 2024

By Echo Wang (Reuters) – Media platform Reddit is eyeing a valuation of up to $6.5 billion...

Read More Read more about Reddit seeks up to $6.5 billion valuation in IPO, source says

Fitch downgrades NY Community Bancorp to BB+, outlook negative

• Business

Fitch downgrades NY Community Bancorp to BB+, outlook negative

Stock Focus Report March 1, 2024

(Reuters) – Fitch Ratings has downgraded New York Community Bancorp and its bank subsidiary Flagstar Bank to...

Read More Read more about Fitch downgrades NY Community Bancorp to BB+, outlook negative

Nvidia CEO says AI could pass human tests in five years

• Business

Nvidia CEO says AI could pass human tests in five years

Stock Focus Report March 1, 2024

By Stephen Nellis PALO ALTO, California – (Reuters) – Nvidia Chief Executive Jensen Huang on Friday said...

Read More Read more about Nvidia CEO says AI could pass human tests in five years

Elon Musk sues OpenAI for abandoning original mission for profit

• Business

Elon Musk sues OpenAI for abandoning original mission for profit

Stock Focus Report March 1, 2024

By Jahnavi Nidumolu, Aditya Soni and Sheila Dang (Reuters) -Billionaire entrepreneur Elon Musk has sued ChatGPT-maker OpenAI...

Read More Read more about Elon Musk sues OpenAI for abandoning original mission for profit

GM recalling 820,000 pickup trucks for tailgate issue

• Business

GM recalling 820,000 pickup trucks for tailgate issue

Stock Focus Report March 1, 2024

By David Shepardson WASHINGTON (Reuters) -General Motors is recalling 820,000 newer pickup trucks in North America because...

Read More Read more about GM recalling 820,000 pickup trucks for tailgate issue