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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
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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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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...
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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...
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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...
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