Lucid forecasts annual vehicle production below estimates
(Reuters) -Lucid Group forecast annual vehicle production far below analysts’ estimates on Wednesday, on signs that demand for its luxury…
Category: Business
Stocks close lower as Nvidia weighs ahead of earnings
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks ended lower on Tuesday, with the Nasdaq showing the largest declines as…
Dollar dips, China boosts global growth hopes
By Karen Brettell NEW YORK (Reuters) -The U.S. dollar weakened on Tuesday after China cut interest rates in a bid…
Nvidia dethrones Tesla as Wall Street’s most traded stock
By Noel Randewich (Reuters) -Chipmaker Nvidia is replacing Tesla as Wall Street’s most traded stock by value, adding to its…
Neuralink’s first human patient able to control mouse through thinking, Musk says
(Reuters) – The first human patient implanted with a brain-chip from Neuralink appears to have fully recovered and is able…
Putin grants HSBC approval to sell Russian unit to Expobank
MOSCOW (Reuters) -Russian President Vladimir Putin gave approval on Monday for HSBC to sell its Russian unit to privately-owned Expobank,…
China’s JD.com versus US’s Elliott in battle for UK’s Currys
By Sarah Young LONDON (Reuters) – Currys shares soared on Monday after Chinese online retailer JD.com joined U.S. activist investor…
Goldman raises global equities to ‘overweight’ on economic growth prospects
(Reuters) – Goldman Sachs upgraded its rating on global equities to “overweight” on prospects of economic growth and recovery in…
Wall Street slides as hot producer price data crimps rate cut bets
By Carolina Mandl, Amruta Khandekar and Ankika Biswas (Reuters) -U.S. stocks fell on Friday with the Nasdaq showing the largest…
Yields, dollar rise after stronger-than-expected US PPI data
By Caroline Valetkevitch NEW YORK (Reuters) -U.S. Treasury yields rose and the dollar edged up against the yen on Friday…