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GM says it is committed to China operations despite challenges
  • Business

GM says it is committed to China operations despite challenges

Stock Focus Report August 8, 2024
(Reuters) -General Motors said on Thursday it was committed to building a profitable and self-sustainable operation in...
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Analysis-Traders lose billions on big volatility short after stocks rout
  • Business

Analysis-Traders lose billions on big volatility short after stocks rout

Stock Focus Report August 7, 2024
By Nell Mackenzie LONDON (Reuters) – A wager that stock markets would stay calm has cost retail...
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Indexes fall with tech shares; trade choppy, Treasury auction weak
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Indexes fall with tech shares; trade choppy, Treasury auction weak

Stock Focus Report August 7, 2024
By Caroline Valetkevitch NEW YORK (Reuters) -U.S. stocks were lower in choppy trading on Wednesday afternoon, rising...
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Cannabis producer Demecan nears 100-million-euro valuation after fresh funding, source says
  • Business

Cannabis producer Demecan nears 100-million-euro valuation after fresh funding, source says

Stock Focus Report August 7, 2024
By Sourasis Bose (Reuters) – Demecan Group, one of Germany’s largest cannabis producers, recently completed its latest...
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Lumen Technologies shares extend AI-fueled surge after rosy cash-flow outlook
  • Business

Lumen Technologies shares extend AI-fueled surge after rosy cash-flow outlook

Stock Focus Report August 7, 2024
NEW YORK (Reuters) – Shares of Lumen Technologies surged 30% on Wednesday, extending gains from the previous...
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Google monopoly ruling could help Apple defense in antitrust case
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Google monopoly ruling could help Apple defense in antitrust case

Stock Focus Report August 6, 2024
By Jody Godoy (Reuters) – Apple could be the winner after Alphabet’s Google lost its fight with...
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Musk’s X accuses advertisers of illegal boycott in new lawsuit
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Musk’s X accuses advertisers of illegal boycott in new lawsuit

Stock Focus Report August 6, 2024
By Mike Scarcella (Reuters) – Elon Musk’s social media platform X on Tuesday sued a global advertising...
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U.S. regulators fine Piper Sandler $16 million for record-keeping failures
  • Economy

U.S. regulators fine Piper Sandler $16 million for record-keeping failures

Stock Focus Report August 6, 2024
(Reuters) – Piper Sandler has agreed to pay a total of $16 million as a civil penalty...
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Microsoft blames Delta for its struggle to recover from global cyber outage
  • Business

Microsoft blames Delta for its struggle to recover from global cyber outage

Stock Focus Report August 6, 2024
By Rajesh Kumar Singh CHICAGO (Reuters) – Microsoft blamed Delta Air Lines on Tuesday for its dayslong...
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Tyson Foods tops quarterly estimates as demand rebounds, costs begin to fall
  • Business

Tyson Foods tops quarterly estimates as demand rebounds, costs begin to fall

Stock Focus Report August 5, 2024
(Reuters) -Tyson Foods surpassed Wall Street expectations for third-quarter revenue and profit on Monday, indicating that demand...
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