Tech-heavy Nasdaq leads Wall Street lower as megacaps, chips slide
By Sinéad Carew and Bansari Mayur Kamdar (Reuters) -Wall Street three major indexes all retreated more than 1% on Tuesday,…
Tag: Updated
Tech shares drag TSX lower for second straight day
By Purvi Agarwal and Fergal Smith (Reuters) -Canada’s main index ended lower on Tuesday as losses for the technology sector…
JetBlue, Spirit Airlines call off $3.8 billion merger on antitrust hurdle
By David Shepardson and Aatreyee Dasgupta WASHINGTON (Reuters) -JetBlue Airways and Spirit Airlines scrapped their $3.8-billion merger agreement on Monday,…
Factbox-What is in the US government funding bill before Congress?
WASHINGTON (Reuters) – Five months into the fiscal year, congressional negotiators have unveiled the first tranche of bills to avert…
Apple hit with $2 billion EU antitrust fine in Spotify case, will appeal
By Foo Yun Chee BRUSSELS (Reuters) -Brussels on Monday fined Apple 1.84 billion euros ($2 billion) for thwarting competition from…
Drugmakers send counter offers for U.S. Medicare price negotiations, Biden says
(Reuters) -The manufacturers of 10 high-cost drugs selected for the U.S. Medicare program’s first-ever pricing negotiations have submitted counter offers…
NYCB shares tumble 26% after ‘material weakness’ disclosure rattles investors
By Niket Nishant and Nupur Anand (Reuters) -New York Community Bancorp shares plunged nearly 26% on Friday after it replaced…
S&P 500, Nasdaq close at fresh records on AI boost, easing yields
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks rose on Friday, with the S&P 500 and Nasdaq closing at record…
US value stocks draw bargain hunters while AI fever rages
By David Randall NEW YORK (Reuters) -As fervor for artificial intelligence sweeps Wall Street, some investors are seeking bargains in…
Reddit seeks up to $6.5 billion valuation in IPO, source says
By Echo Wang (Reuters) – Media platform Reddit is eyeing a valuation of up to $6.5 billion in its initial…