Stock Focus Report

Reddit seeks up to $6.5 billion valuation in IPO, source says

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Reddit seeks up to $6.5 billion valuation in IPO, source says

Stock Focus Report March 2, 2024

By Echo Wang (Reuters) – Media platform Reddit is eyeing a valuation of up to $6.5 billion...

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Fitch downgrades NY Community Bancorp to BB+, outlook negative

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Fitch downgrades NY Community Bancorp to BB+, outlook negative

Stock Focus Report March 1, 2024

(Reuters) – Fitch Ratings has downgraded New York Community Bancorp and its bank subsidiary Flagstar Bank to...

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Nvidia CEO says AI could pass human tests in five years

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Nvidia CEO says AI could pass human tests in five years

Stock Focus Report March 1, 2024

By Stephen Nellis PALO ALTO, California – (Reuters) – Nvidia Chief Executive Jensen Huang on Friday said...

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Elon Musk sues OpenAI for abandoning original mission for profit

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Elon Musk sues OpenAI for abandoning original mission for profit

Stock Focus Report March 1, 2024

By Jahnavi Nidumolu, Aditya Soni and Sheila Dang (Reuters) -Billionaire entrepreneur Elon Musk has sued ChatGPT-maker OpenAI...

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GM recalling 820,000 pickup trucks for tailgate issue

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GM recalling 820,000 pickup trucks for tailgate issue

Stock Focus Report March 1, 2024

By David Shepardson WASHINGTON (Reuters) -General Motors is recalling 820,000 newer pickup trucks in North America because...

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As NYCB’s shares dive, options traders prepare for worse

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As NYCB’s shares dive, options traders prepare for worse

Stock Focus Report March 1, 2024

By Saqib Iqbal Ahmed NEW YORK (Reuters) – The latest knock to the shares of New York...

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Tesla raises prices of some Model Y vehicles in US

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Tesla raises prices of some Model Y vehicles in US

Stock Focus Report March 1, 2024

(Reuters) -Tesla on Friday raised prices of certain Model Y vehicles in the United States by $1,000,...

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Boeing agrees to $51 million settlement for US export violations, including in China

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Boeing agrees to $51 million settlement for US export violations, including in China

Stock Focus Report February 29, 2024

By David Shepardson WASHINGTON (Reuters) -Boeing said on Thursday it had reached a $51 million settlement with...

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US IRS aims to collect on 125,000 unfiled high-income tax returns

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US IRS aims to collect on 125,000 unfiled high-income tax returns

Stock Focus Report February 29, 2024

By David Lawder WASHINGTON (Reuters) -The Internal Revenue Service said on Thursday it will crack down on...

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Best Buy thrives in holiday quarter on discounts, paid memberships

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Best Buy thrives in holiday quarter on discounts, paid memberships

Stock Focus Report February 29, 2024

By Savyata Mishra (Reuters) – Best Buy posted a smaller drop in fourth-quarter sales than expected and...

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