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Block outlook tops earnings estimates, boosting shares 12%

• Business

Block outlook tops earnings estimates, boosting shares 12%

Stock Focus Report February 22, 2024

By Hannah Lang (Reuters) -Shares in Jack Dorsey-led Block surged 12% on Thursday after the payments firm...

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Head of Boeing’s 737 MAX program leaves after mid-air incident

• Business

Head of Boeing’s 737 MAX program leaves after mid-air incident

Stock Focus Report February 22, 2024

By David Shepardson WASHINGTON (Reuters) -Boeing said on Wednesday it was replacing the head of its troubled...

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Biden administration cancels another $1.2 billion of student loan debt

• Domestic

Biden administration cancels another $1.2 billion of student loan debt

Stock Focus Report February 22, 2024

By Trevor Hunnicutt and Jeff Mason CULVER CITY, California/WASHINGTON (Reuters) -President Joe Biden said on Wednesday his...

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Rivian, Lucid’s 2024 production targets disappoint as EV demand wanes

• Business

Rivian, Lucid’s 2024 production targets disappoint as EV demand wanes

Stock Focus Report February 22, 2024

By Akash Sriram and Abhirup Roy (Reuters) -Electric vehicle startups Rivian and Lucid forecast 2024 production well...

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Amazon to replace Walgreens in Dow Jones Industrial Average

• Business

Amazon to replace Walgreens in Dow Jones Industrial Average

Stock Focus Report February 21, 2024

By Noel Randewich and Caroline Valetkevitch (Reuters) -Amazon is set to join the Dow Jones Industrial Average,...

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Neuralink’s first human patient able to control mouse through thinking, Musk says

• Business

Neuralink’s first human patient able to control mouse through thinking, Musk says

Stock Focus Report February 20, 2024

(Reuters) – The first human patient implanted with a brain-chip from Neuralink appears to have fully recovered...

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Nvidia’s surging growth may still disappoint some investors

• Business

Nvidia’s surging growth may still disappoint some investors

Stock Focus Report February 20, 2024

By Arsheeya Bajwa (Reuters) -Nvidia is set to post a more than three-fold surge in its fourth-quarter...

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Microsoft develops AI server gear to lessen reliance on Nvidia, The Information reports

• Business

Microsoft develops AI server gear to lessen reliance on Nvidia, The Information reports

Stock Focus Report February 20, 2024

(Reuters) -Microsoft is developing a new network card that could improve the performance of its Maia AI...

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Capital One to buy Discover Financial in $35.3 billion all-stock deal

• Business

Capital One to buy Discover Financial in $35.3 billion all-stock deal

Stock Focus Report February 20, 2024

By Anirban Sen and Michelle Price NEW YORK/WASHINGTON (Reuters) -Warren Buffett-backed U.S. consumer bank Capital One plans...

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US awards $1.5 billion to GlobalFoundries for semiconductor production

• Business

US awards $1.5 billion to GlobalFoundries for semiconductor production

Stock Focus Report February 19, 2024

By Doina Chiacu and David Shepardson WASHINGTON (Reuters) -The U.S. government is awarding $1.5 billion to GlobalFoundries...

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