By Jarrett Renshaw NEW YORK (Reuters) – U.S. President Donald Trump’s administration has asked oil and biofuels producers to hash…
Author: Active Trader Daily
China’s Xi to meet with BMW, Mercedes, Qualcomm CEOs, sources say
SHANGHAI (Reuters) – The global heads of German automakers BMW and Mercedes, as well as chip giant Qualcomm are among…
Former Meta executives raise $15 million for AI assistant startup
By Anna Tong SAN FRANCISCO (Reuters) – Two former Meta artificial intelligence executives have raised $15 million for Yutori, a…
US pending home sales rebound in February
WASHINGTON (Reuters) – Contracts to buy U.S. previously owned homes rebounded marginally in February amid a decline in mortgage rates…
US senators confirm call for formal probe of war plan Signal chat
By Patricia Zengerle WASHINGTON (Reuters) – The leaders of the U.S. Senate Armed Services Committee confirmed on Thursday that they…
Car rental firms Hertz, Avis zoom as tariffs seen hurting new-vehicle demand
By Medha Singh and Sukriti Gupta (Reuters) – Shares of highly shorted Hertz and Avis Budget Group surged on Thursday…
Hedge funds short Nvidia, Tesla and AMD, Morgan Stanley says
By Carolina Mandl NEW YORK (Reuters) -Hedge funds are increasingly betting against stocks, with Nvidia, Advanced Micro Devices and Tesla…
Goldman maintains copper price forecasts, says tariffs will avert US glut
(Reuters) – Goldman Sachs on Wednesday maintained its London Metal Exchange copper price forecasts for the next year, and said…
Rivian spin-off Also reveals it will make lightweight electric vehicles
By Akash Sriram (Reuters) – Micromobility startup Also said on Wednesday it has been spun-off from electric-vehicle maker Rivian Automotive…
Pentagon’s Hegseth texted start time of planned killing of Yemeni militant
By Phil Stewart and Idrees Ali WASHINGTON (Reuters) -Defense Secretary Pete Hegseth texted plans to kill a Houthi militant leader…