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Starbucks new CEO taps fellow Chipotle alum for top marketing role
  • Business

Starbucks new CEO taps fellow Chipotle alum for top marketing role

Stock Focus Report October 18, 2024
By Waylon Cunningham (Reuters) – Starbucks on Tuesday announced it hired food marketing veteran Tressie Lieberman to...
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Wall St gains tech-powered momentum, gold hits all-time high
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Wall St gains tech-powered momentum, gold hits all-time high

Stock Focus Report October 18, 2024
By Stephen Culp NEW YORK (Reuters) -U.S. stocks turned positive and crude prices were on track for...
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EV maker Lucid expects to raise $1.67 billion from stock sale
  • Business

EV maker Lucid expects to raise $1.67 billion from stock sale

Stock Focus Report October 17, 2024
(Reuters) -Cash-strapped electric luxury sedan maker Lucid said on Thursday a combined public offering and private placement...
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Nvidia hits record high as chip stocks rally on TSMC’s rosy AI-powered outlook
  • Business

Nvidia hits record high as chip stocks rally on TSMC’s rosy AI-powered outlook

Stock Focus Report October 17, 2024
(Reuters) -Shares of Nvidia hit a record high amid a rally in U.S. chip stocks on Thursday...
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Google shifts Gemini app team to DeepMind
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Google shifts Gemini app team to DeepMind

Stock Focus Report October 17, 2024
(Reuters) – Alphabet’s Google said on Thursday it will move the team behind the Gemini app to...
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Snap-On misses quarterly sales estimates on lower tool demand
  • Economy

Snap-On misses quarterly sales estimates on lower tool demand

Stock Focus Report October 17, 2024
(Reuters) – Snap-On posted a lower-than-expected third-quarter sales on Thursday, as inflationary pressures weighed on demand in...
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Boeing closes in on $15 billion financing via stock, hybrid bonds
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Boeing closes in on $15 billion financing via stock, hybrid bonds

Stock Focus Report October 16, 2024
By Shankar Ramakrishnan, Echo Wang (Reuters) -Boeing is closing in on a plan to raise around $15...
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Biden announces $425 million in military aid for Ukraine
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Biden announces $425 million in military aid for Ukraine

Stock Focus Report October 16, 2024
WASHINGTON (Reuters) -U.S. President Joe Biden spoke to Ukrainian President Volodymyr Zelenskiy on Wednesday about efforts to...
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Exclusive-EU AI Act checker reveals Big Tech’s compliance pitfalls
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Exclusive-EU AI Act checker reveals Big Tech’s compliance pitfalls

Stock Focus Report October 16, 2024
By Martin Coulter LONDON (Reuters) – Some of the most prominent artificial intelligence models are falling short...
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Amazon.com joins push for nuclear power to meet data center demand
  • Business

Amazon.com joins push for nuclear power to meet data center demand

Stock Focus Report October 16, 2024
By Timothy Gardner WASHINGTON (Reuters) – Amazon.com said on Wednesday it has signed three agreements on developing...
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