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Silicon Valley Bank’s former owner gains approval to end bankruptcy
  • Business

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...
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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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Coinbase expects US to be crypto-friendly irrespective of election outcome
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Coinbase expects US to be crypto-friendly irrespective of election outcome

Stock Focus Report August 2, 2024
By Niket Nishant and Manya Saini (Reuters) – The next U.S. administration will be “constructive” on crypto...
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U.S. sues TikTok over ‘massive-scale’ privacy violations of kids under 13
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U.S. sues TikTok over ‘massive-scale’ privacy violations of kids under 13

Stock Focus Report August 2, 2024
By David Shepardson WASHINGTON (Reuters) – The U.S. Justice Department filed a lawsuit Friday against TikTok and...
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Dollar hits four-month low as weak US jobs data boosts rate cut bets
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Dollar hits four-month low as weak US jobs data boosts rate cut bets

Stock Focus Report August 2, 2024
By Karen Brettell NEW YORK (Reuters) -The U.S. dollar dropped to a four-month low on Friday after...
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Roblox lifts bookings forecast as mature content draws more paying gamers
  • Business

Roblox lifts bookings forecast as mature content draws more paying gamers

Stock Focus Report August 1, 2024
By Zaheer Kachwala (Reuters) -Roblox raised its annual bookings forecast on Thursday, as user engagement increased on...
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Apple revenue returns to growth as iPhone sales top expectations
  • Business

Apple revenue returns to growth as iPhone sales top expectations

Stock Focus Report August 1, 2024
By Max A. Cherney and Aditya Soni (Reuters) -Apple on Thursday reported a return to sales growth...
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Tech giants faced major market cap drop in July on earnings worries
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Tech giants faced major market cap drop in July on earnings worries

Stock Focus Report August 1, 2024
(Reuters) – Global mega tech companies’ market capitalisation dropped sharply in July, in response to disappointing quarterly...
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