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Equities sell off, Nasdaq on track for correction, bond yields sink

Equities sell off, Nasdaq on track for correction, bond yields sink

Editor August 2, 2024
NEW YORK (Reuters) -Global equities sold off on Friday and U.S. Treasury yields were at multi-month lows...
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Exclusive-Citgo auction pits Icahn-backed oil refiner, creditor group
  • Business

Exclusive-Citgo auction pits Icahn-backed oil refiner, creditor group

Editor August 2, 2024
By Marianna Parraga, Gary McWilliams and David French HOUSTON (Reuters) – An oil refiner backed by activist...
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U.S. sues TikTok over ‘massive-scale’ privacy violations of kids under 13

U.S. sues TikTok over ‘massive-scale’ privacy violations of kids under 13

Editor August 2, 2024
By David Shepardson WASHINGTON (Reuters) – The U.S. Justice Department filed a lawsuit Friday against TikTok and...
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Coinbase expects US to be crypto-friendly irrespective of election outcome

Coinbase expects US to be crypto-friendly irrespective of election outcome

Editor August 2, 2024
By Niket Nishant and Manya Saini (Reuters) – The next U.S. administration will be “constructive” on crypto...
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The Fed Fuels Stocks and Bonds – by Justin Vaughn Depositphotos_64530211_XL
  • Market News

The Fed Fuels Stocks and Bonds – by Justin Vaughn

Editor August 2, 2024
(Justin Vaughn, Editor, Options Trading Report) Gross Domestic Product {GDP} pushed the economy at a faster clip...
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Apple revenue returns to growth as iPhone sales top expectations
  • Business

Apple revenue returns to growth as iPhone sales top expectations

Editor August 1, 2024
By Max A. Cherney and Aditya Soni (Reuters) -Apple on Thursday reported a return to sales growth...
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Tech giants faced major market cap drop in July on earnings worries

Tech giants faced major market cap drop in July on earnings worries

Editor August 1, 2024
(Reuters) – Global mega tech companies’ market capitalisation dropped sharply in July, in response to disappointing quarterly...
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Chip index collapses 8% as Arm punctures AI optimism
  • Business

Chip index collapses 8% as Arm punctures AI optimism

Editor August 1, 2024
(Reuters) – U.S. chip stocks plummeted on Thursday, on track for their worst day since 2020, after...
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Amazon projects quarterly revenue below estimates, shares slide
  • Business

Amazon projects quarterly revenue below estimates, shares slide

Editor August 1, 2024
By Deborah Mary Sophia and Greg Bensinger (Reuters) -Amazon.com forecast current quarter sales below estimates, and shares...
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Oil gains nearly 3% on rising Mideast tension, falling US crude stockpiles
  • Business

Oil gains nearly 3% on rising Mideast tension, falling US crude stockpiles

Editor July 31, 2024
By Nicole Jao NEW YORK (Reuters) – Oil prices rose nearly 3% on Wednesday, rebounding from seven-week...
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