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…
Category: Business
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…
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…
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…
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…
JPMorgan shares slide on more cautious outlook for interest income
By Nupur Anand and Pritam Biswas NEW YORK (Reuters) -JPMorgan Chase shares fell about 6% after the bank’s president on…
GameStop reports decline in revenue as online purchases hit videogame retailer
(Reuters) – Videogame retailer GameStop reported a fall in second-quarter revenue on Tuesday, as consumers moved away from traditional brick-and-mortar…
Goldman Sachs nearing a deal to transfer GM credit card business to Barclays, source says
NEW YORK (Reuters) – Goldman Sachs is close to finalizing a deal to transfer its General Motors credit card business…