Oracle shares pare gains as analysts weigh over $100 billion fiscal 2029 revenue forecast
By Jaspreet Singh (Reuters) -Oracle shares pared most of their gains on Friday after spiking nearly 8%, with some analysts…
Author: Wall St Mavens
Nvidia’s stock market dominance fuels big swings in the S&P 500
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Nvidia’s huge stock rally is still exerting an outsized influence over the…
Putin’s commodities ban threat puzzles Russian firms and officials
By Gleb Bryanski, Darya Korsunskaya and Gleb Stolyarov MOSCOW (Reuters) – Russian officials and managers are perplexed by President Vladimir…
Explainer-Union rules set high bar to Boeing U.S. worker strike
By Allison Lampert (Reuters) – Boeing faces a likely strike on Friday by more than 30,000 workers that could shutter…
Adobe forecasts downbeat quarterly earnings on cautious tech spending
(Reuters) – Photoshop maker Adobe forecast fourth-quarter earnings below analysts’ estimates on Thursday, signaling stiff competition and soft demand for…
Wall Street ends higher, gold hits record ahead of rate cuts
By Pete Schroeder (Reuters) -Wall Street eked out gains and gold surged to a record high on Thursday as investors…
FAA administrator to testify before Senate panel on Boeing oversight
WASHINGTON (Reuters) – The head of the Federal Aviation Administration will testify on Sept. 25 before the Senate Permanent Subcommittee…
Bank dividends catapult Q2 global payouts to record highs
Banks continued to propel global dividends to record highs in the second quarter of 2024 as higher interest rates boosted…
FCC chair wants more competition to SpaceX’s Starlink unit
By David Shepardson WASHINGTON (Reuters) -Federal Communications Commission chair Jessica Rosenworcel said Wednesday she wants to see more competition to…
Buffett’s Berkshire offloads $228.7 million worth BofA shares in latest sale
(Reuters) – Warren Buffett’s Berkshire Hathaway has sold shares worth $228.7 million in Bank of America, as the conglomerate continues…