ValueAct takes $1-billion stake in Meta, source says
By Svea Herbst-Bayliss (Reuters) -ValueAct Capital has built a $1-billion stake in Meta Platforms but is not currently pushing for…
Shopify delivers upbeat holiday forecast as AI draws customers, shares surge
(Reuters) -Shopify forecast fourth-quarter revenue growth above estimates on Tuesday, as the Canadian company’s focus on employing AI-powered tools attract…
Hedge funds pile into banks, dump green energy post US election, Goldman Sachs says
By Nell Mackenzie LONDON (Reuters) – Hedge funds snapped up bank stocks at the quickest clip in three years while…
Bitcoin surge triggers billions in losses for crypto short traders after Trump win
By Shashwat Chauhan (Reuters) – Short sellers of cryptocurrency and blockchain-related stocks have suffered heavy losses since Nov. 6, after…
Tesla options draw ‘euphoric’ trading as Trump win fires up stock
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors are piling into bullish options bets on Tesla shares, with the…
As Donald Trump staffs up for second term, only MAGA loyalists need apply
By Gram Slattery and Alexandra Ulmer WEST PALM BEACH, Florida (Reuters) – As advisers and allies of Republican President-elect Donald…
Bitcoin rises above $80,000 for first time
(Reuters) -Bitcoin was trading near record $80,000 on Sunday after hitting it earlier in the session, following Donald Trump’s decisive…
Tesla hits $1 trillion market value as Musk-backed Trump win fans optimism
(Reuters) – Tesla’s market value breached the $1 trillion-mark in a sharp rally on Friday, on growing bets of a…
Trump Media shares climb after Trump says he won’t sell
NEW YORK/WASHINGTON (Reuters) – Shares of Trump Media & Technology Group jumped on Friday after U.S. President-elect Donald Trump said…
S&P 500 hits 6,000 for the first time on Trump euphoria
By Lisa Pauline Mattackal and Ankika Biswas (Reuters) -The S&P 500 briefly touched the psychologically significant 6,000 mark for the…