Month: August 2023

Biden order curbing investment to China expected next week-sources

• Finance

Biden order curbing investment to China expected next week-sources

Reuters August 4, 2023

By Karen Freifeld (Reuters) -President Joe Biden is expected to issue his long-awaited executive order to screen...

Read More Read more about Biden order curbing investment to China expected next week-sources

Albemarle jumps into global race to reinvent lithium production

• Finance

Albemarle jumps into global race to reinvent lithium production

Reuters August 4, 2023

By Ernest Scheyder (Reuters) – Albemarle is building an Arkansas facility to test its version of direct...

Read More Read more about Albemarle jumps into global race to reinvent lithium production

Google-parent Alphabet offloads nearly 90% stake in trading app Robinhood

• Finance

Google-parent Alphabet offloads nearly 90% stake in trading app Robinhood

Reuters August 4, 2023

By Niket Nishant (Reuters) -Google-parent Alphabet said on Friday it had slashed its stake in Robinhood Markets...

Read More Read more about Google-parent Alphabet offloads nearly 90% stake in trading app Robinhood

Meme stock Tupperware jumps as debt restructuring deal fires up retail army

• Finance

Meme stock Tupperware jumps as debt restructuring deal fires up retail army

Reuters August 4, 2023

By Medha Singh and Savyata Mishra (Reuters) -Shares of Tupperware Brands surged 44% on Friday, after the...

Read More Read more about Meme stock Tupperware jumps as debt restructuring deal fires up retail army

Explainer-Charting the Fed’s policy path

• Business
• Economy
• US

Explainer-Charting the Fed’s policy path

Reuters August 4, 2023

(Reuters) – Investors are increasingly of a mind that the U.S. Federal Reserve has delivered the final...

Read More Read more about Explainer-Charting the Fed’s policy path

Amazon forecasts bright Q3 on resilient cloud sales, shopping trends

• Finance

Amazon forecasts bright Q3 on resilient cloud sales, shopping trends

Reuters August 4, 2023

By Jeffrey Dastin and Chavi Mehta (Reuters) -Amazon.com Inc on Thursday reported sales growth and profit that...

Read More Read more about Amazon forecasts bright Q3 on resilient cloud sales, shopping trends

Apple sees sales slump continuing, shares drop 2% despite beating sales expectations

• Finance

Apple sees sales slump continuing, shares drop 2% despite beating sales expectations

Reuters August 4, 2023

By Stephen Nellis (Reuters) – Apple on Thursday forecast that a sales slump would continue into the...

Read More Read more about Apple sees sales slump continuing, shares drop 2% despite beating sales expectations

Warner Bros Discovery warns Hollywood strikes may impact film slate

• Finance

Warner Bros Discovery warns Hollywood strikes may impact film slate

Reuters August 3, 2023

By Helen Coster and Samrhitha Arunasalam (Reuters) -Warner Bros Discovery warned Thursday that uncertainty over the dual...

Read More Read more about Warner Bros Discovery warns Hollywood strikes may impact film slate

Moderna sees up to $4 billion in 2023 sales from private market for COVID shots

• Finance

Moderna sees up to $4 billion in 2023 sales from private market for COVID shots

Reuters August 3, 2023

By Leroy Leo and Patrick Wingrove (Reuters) -Moderna Inc on Thursday forecast as much as $4 billion...

Read More Read more about Moderna sees up to $4 billion in 2023 sales from private market for COVID shots

Analyzing Qualcomm’s FQ3 Print and Outlook: 5 Analysts Evaluate the Challenge of Elevated Inventory

• Finance

Analyzing Qualcomm’s FQ3 Print and Outlook: 5 Analysts Evaluate the Challenge of Elevated Inventory

Editor August 3, 2023

Qualcomm Inc (NASDAQ:QCOM) experienced a significant drop in its share price during early trading on Thursday, following...

Read More Read more about Analyzing Qualcomm’s FQ3 Print and Outlook: 5 Analysts Evaluate the Challenge of Elevated Inventory