Stock Focus Report

Hedge funds cut ‘Mag Seven’ to two-year low ahead of earnings

Hedge funds cut ‘Mag Seven’ to two-year low ahead of earnings

Stock Focus Report April 21, 2025

By Carolina Mandl NEW YORK (Reuters) -Global hedge funds last week dumped the so-called Magnificent Seven megacap...

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Baker Tilly and Moss Adams set to merge in $7 billion deal, WSJ reports

• Business

Baker Tilly and Moss Adams set to merge in $7 billion deal, WSJ reports

Stock Focus Report April 21, 2025

(Reuters) – Accounting firms Baker Tilly and Moss Adams have agreed to merge in a $7 billion...

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Venezuelan migrants were set for deportation without judicial review, lawyers tell US Supreme Court

Venezuelan migrants were set for deportation without judicial review, lawyers tell US Supreme Court

Stock Focus Report April 21, 2025

By Andrew Chung WASHINGTON (Reuters) – President Donald Trump’s administration was prepared to carry out deportations of...

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China retreats from US private equity investments, FT reports

• Business

China retreats from US private equity investments, FT reports

Stock Focus Report April 21, 2025

(Reuters) -China’s state-backed funds are pulling back from investing in the funds of U.S.-headquartered private capital firms...

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Trump administration kicks off plan for expanded offshore drilling

Trump administration kicks off plan for expanded offshore drilling

Stock Focus Report April 18, 2025

(Reuters) -The U.S. Interior Department on Friday said it would begin taking public input for a new...

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Factbox-Citi raises three-month gold price target to $3,500 per ounce

• Business

Factbox-Citi raises three-month gold price target to $3,500 per ounce

Stock Focus Report April 18, 2025

(Reuters) – Citi Research raised its gold price target for the next three months to $3,500 per...

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With inflation progress slow, Fed’s Daly says rate cuts may need to wait

With inflation progress slow, Fed’s Daly says rate cuts may need to wait

Stock Focus Report April 18, 2025

(Reuters) -San Francisco Federal Reserve President Mary Daly said on Friday that while she is still comfortable...

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Volvo to cut up to 800 US jobs as Trump’s tariffs bite

• Business

Volvo to cut up to 800 US jobs as Trump’s tariffs bite

Stock Focus Report April 18, 2025

By Chris Prentice NEW YORK (Reuters) – Volvo Group plans to lay off as many as 800...

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Trump has discussed firing Fed’s Powell with Warsh, eyed as possible successor, WSJ says

Trump has discussed firing Fed’s Powell with Warsh, eyed as possible successor, WSJ says

Stock Focus Report April 17, 2025

(Reuters) -President Donald Trump has privately discussed firing Federal Reserve Chair Jerome Powell for months and talked...

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AmEx profit beats expectations as card spending holds up

AmEx profit beats expectations as card spending holds up

Stock Focus Report April 17, 2025

By Arasu Kannagi Basil and Niket Nishant (Reuters) – American Express beat Wall Street estimates for first-quarter...

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