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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...
Read More Read more about Tyson Foods tops quarterly estimates as demand rebounds, costs begin to fall
USAA to pay $62.4 million to resolve military fee lawsuit
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USAA to pay $62.4 million to resolve military fee lawsuit

Stock Focus Report August 5, 2024
By Jonathan Stempel (Reuters) – USAA, the financial services company serving military personnel and their families, will...
Read More Read more about USAA to pay $62.4 million to resolve military fee lawsuit
Magnificent Seven set to shed $1 trillion in value, led by Apple, Nvidia
  • Business

Magnificent Seven set to shed $1 trillion in value, led by Apple, Nvidia

Stock Focus Report August 5, 2024
(Reuters) -Apple and Nvidia led a sell-off in technology stocks on Monday as U.S. recession fears and...
Read More Read more about Magnificent Seven set to shed $1 trillion in value, led by Apple, Nvidia
Five US states push Musk to fix AI chatbot over election misinformation
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Five US states push Musk to fix AI chatbot over election misinformation

Stock Focus Report August 5, 2024
By Kanishka Singh and Chandni Shah WASHINGTON (Reuters) – Secretaries of state from five U.S. states urged...
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Equities sell off, Nasdaq on track for correction, bond yields sink
  • Economy

Equities sell off, Nasdaq on track for correction, bond yields sink

Stock Focus Report August 3, 2024
NEW YORK (Reuters) -Global equities sold off on Friday and U.S. Treasury yields were at multi-month lows...
Read More Read more about Equities sell off, Nasdaq on track for correction, bond yields sink
Silicon Valley Bank’s former owner gains approval to end bankruptcy
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Silicon Valley Bank’s former owner gains approval to end bankruptcy

Stock Focus Report August 3, 2024
By Dietrich Knauth NEW YORK (Reuters) – SVB Financial Group, the former owner of failed Silicon Valley...
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Hedge funds grow bearish amid economic slowdown jitters, Goldman says
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Hedge funds grow bearish amid economic slowdown jitters, Goldman says

Stock Focus Report August 3, 2024
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds continued to add bearish equity bets to...
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Berkshire’s cash hits $277 billion as Buffett slashes Apple stake; operating profit sets record
  • Business

Berkshire’s cash hits $277 billion as Buffett slashes Apple stake; operating profit sets record

Stock Focus Report August 3, 2024
By Jonathan Stempel (Reuters) – Warren Buffett appears to have soured on stocks, letting cash at Berkshire...
Read More Read more about Berkshire’s cash hits $277 billion as Buffett slashes Apple stake; operating profit sets record
Kamala Harris secures delegate votes needed to become Democratic nominee
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Kamala Harris secures delegate votes needed to become Democratic nominee

Stock Focus Report August 2, 2024
By Stephanie Kelly and Jasper Ward NEW YORK (Reuters) -Kamala Harris on Friday secured the delegate votes...
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Musk criticizes Trump tax bill: can’t be both big and beautiful

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