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AI likely to weigh on oil prices over the next decade, Goldman says 2024-09-03T182301Z_1_LYNXMPEK820PO_RTROPTP_4_UKRAINE-CRISIS-OIL-1
  • Business

AI likely to weigh on oil prices over the next decade, Goldman says

Editor September 3, 2024
(Reuters) – Artificial intelligence could hurt oil prices over the next decade by boosting supply by potentially...
Read More Read more about AI likely to weigh on oil prices over the next decade, Goldman says
Nvidia and chip index tumble as investors pause AI rally 2024-09-03T183604Z_1_LYNXMPEK820PW_RTROPTP_4_TAIWAN-COMPUTEX-1
  • Business

Nvidia and chip index tumble as investors pause AI rally

Editor September 3, 2024
By Noel Randewich (Reuters) – Shares of AI heavyweight Nvidia tumbled on Tuesday, with Wall Street’s chip...
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US gasoline slumps to near 3-year low on end of driving season, oil slump 2024-09-03T192549Z_1_LYNXMPEK820QP_RTROPTP_4_USA-OIL-GASOLINE-1
  • Business

US gasoline slumps to near 3-year low on end of driving season, oil slump

Editor September 3, 2024
By Shariq Khan NEW YORK (Reuters) – U.S. gasoline futures fell nearly 6% on Tuesday to their...
Read More Read more about US gasoline slumps to near 3-year low on end of driving season, oil slump
Trump ‘has a lot on his plate’, misunderstands Taiwan’s chip role, minister says 2024-09-02T083750Z_1_LYNXMPEK8108W_RTROPTP_4_USA-ELECTION-TRUMP

Trump ‘has a lot on his plate’, misunderstands Taiwan’s chip role, minister says

Editor September 2, 2024
TAIPEI (Reuters) – Former U.S. President Donald Trump “has a lot on his plate” and misunderstands Taiwan’s...
Read More Read more about Trump ‘has a lot on his plate’, misunderstands Taiwan’s chip role, minister says
ByteDance taps banks for $9.5 billion Asia dollar corporate loan, sources say 2024-09-02T121440Z_1_LYNXMPEK810CZ_RTROPTP_4_BYTEDANCE-AI-VIDEO
  • Business

ByteDance taps banks for $9.5 billion Asia dollar corporate loan, sources say

Editor September 2, 2024
(Reuters) – TikTok-owner ByteDance is tapping banks for a $9.5 billion loan that would be the biggest...
Read More Read more about ByteDance taps banks for $9.5 billion Asia dollar corporate loan, sources say
Tesla’s China-made EV sales rise 3% y/y in Aug 2024-09-02T124515Z_1_LYNXMPEK810DH_RTROPTP_4_EUROPE-CHINA-AUTOS-COMPANIES
  • Business

Tesla’s China-made EV sales rise 3% y/y in Aug

Editor September 2, 2024
BEIJING (Reuters) – Sales of U.S. automaker Tesla’s China-made electric vehicles grew 3% in August from a...
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Tech market values fall on AI costs and recession fears; Eli Lilly, Berkshire gain 2024-09-02T120911Z_1_LYNXMPEK810CW_RTROPTP_4_VIETNAM-GOOGLE-DATA
  • Business

Tech market values fall on AI costs and recession fears; Eli Lilly, Berkshire gain

Editor September 2, 2024
(Reuters) – Market values of major tech firms declined in August amid concerns over escalating artificial intelligence...
Read More Read more about Tech market values fall on AI costs and recession fears; Eli Lilly, Berkshire gain
Consumer Confidence Surges – by Justin Vaughn Depositphotos_668028020_XL
  • Market News

Consumer Confidence Surges – by Justin Vaughn

Editor August 30, 2024
(Justin Vaughn, Editor, Options Trading Report) This week’s menu is again filled with several pertinent reports. Tuesday...
Read More Read more about Consumer Confidence Surges – by Justin Vaughn
Futures gain ahead of inflation data as Fed’s September meeting looms 2024-08-30T103236Z_1_LYNXMPEK7T0DB_RTROPTP_4_USA-STOCKS

Futures gain ahead of inflation data as Fed’s September meeting looms

Editor August 30, 2024
By Johann M Cherian and Purvi Agarwal (Reuters) -U.S. stock index futures edged up on Friday ahead...
Read More Read more about Futures gain ahead of inflation data as Fed’s September meeting looms
Traders see Fed delivering 25 bps cut in Sept, 100 bps by year-end 2024-08-30T124818Z_1_LYNXMPEK7T0G7_RTROPTP_4_ECONOMY-FED-UNEMPLOYMENT

Traders see Fed delivering 25 bps cut in Sept, 100 bps by year-end

Editor August 30, 2024
(Reuters) – Traders added to bets that the Federal Reserve will start U.S. interest-rate cuts next month...
Read More Read more about Traders see Fed delivering 25 bps cut in Sept, 100 bps by year-end

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