Citadel’s Griffin says Fed’s first rate cut may come in December
By Carolina Mandl Beverly Hills (Reuters) – Ken Griffin, Citadel’s founder and chief executive, said on Monday that he is…
Author: Wall St Mavens
Tesla lays off more staff in software, service teams, Electrek reports
(Reuters) -Electric-vehicle maker Tesla has laid off staff from the software, service and engineering departments, tech publication Electrek reported on…
Microsoft readies new AI model to compete with Google, OpenAI, The Information reports
(Reuters) -Microsoft is training a new, in-house AI language model large enough to compete with those from Alphabet’s Google and…
Buffett says Berkshire in good hands, lauds Apple despite lowering stake
By Jonathan Stempel and Koh Gui Qing OMAHA, Nebraska (Reuters) -Warren Buffett assured Berkshire Hathaway shareholders on Saturday that the…
UN accuses Israel of denying Gaza aid access as famine takes hold
By Michelle Nichols NEW YORK (Reuters) -A top U.N. official on Sunday accused Israel of continuing to deny the United…
Trump, RNC raise over $76 million in April, half from small donors
WASHINGTON (Reuters) – Former U.S. President Donald Trump’s election campaign and the Republican National Committee said on Saturday that they…
Analysis-Trump vows to fight ‘anti-white feeling’ in US. His allies have a plan
By Gram Slattery and Nathan Layne WASHINGTON (Reuters) – Donald Trump’s pledge to fight what he calls “anti-white feeling” in…
Berkshire pares huge Apple stake as cash, operating profit set records
By Jonathan Stempel OMAHA, Neb. (Reuters) – Berkshire Hathaway significantly reduced its enormous stake in Apple in the first quarter,…
Fed’s Williams says 2% inflation target ‘critical’
By Ann Saphir PALO ALTO, California (Reuters) -The U.S. central bank’s 2% target for inflation is key to achieving price…
Reddit CEO beneficially owns 61.5% of class A shares, regulatory filing shows
(Reuters) – Reddit co-founder and CEO Steve Huffman beneficially owns 62.4 million Class A shares of the social media company,…