By Scott DiSavino NEW YORK (Reuters) – Oil prices gained almost 1% to a nine-month high on Friday on rising…
Author: Active Trader Daily
Barclays drawing up plans for hundreds of job cuts -sources
By Iain Withers LONDON (Reuters) -Barclays is drawing up plans to cut hundreds of jobs, two sources familiar with the…
China car sales return to growth in Aug, Tesla nearly doubles EV share
By Qiaoyi Li and Brenda Goh BEIJING/SHANGHAI (Reuters) -China’s passenger vehicle sales returned to growth in August year-on-year, as deeper…
S&P, Nasdaq fall as Apple drags, jobless claims data fuels rate jitters
By Sinéad Carew and Shristi Achar A (Reuters) – The S&P 500 and Nasdaq fell on Thursday, with the biggest…
US authorities interview Winklevoss over claims against DCG and its CEO -source
(Reuters) -U.S. authorities are probing claims of fraud that Cameron Winklevoss, the co-founder of crypto firm Gemini Trust Co, has…
Rivian to benefit next year as EV battery material prices ease – CFO
(Reuters) -Electric-vehicle maker Rivian Automotive will benefit late this year and in 2024 from a significant deflation for battery material…
Uber increasingly considering buybacks as cash flow ramps up – CEO
(Reuters) – Uber Technologies is considering buybacks and dividends to shareholders as its cash flow ramps up, CEO Dara Khosrowshahi…
Explainer-Do I need to worry about COVID again?
By Deena Beasley and Julie Steenhuysen (Reuters) – New data from scientists and vaccine makers Moderna and Pfizer/BioNTech suggests that…
Wall St slides as economic data stokes inflation and interest rate worries
By Sinéad Carew and Shristi Achar A (Reuters) – Wall Street’s three major averages closed lower on Wednesday with the…
Lockheed Martin trims F-35 jet delivery outlook after supplier delays
By Nathan Gomes (Reuters) -U.S. weapons maker Lockheed Martin cut its full-year delivery forecast for F-35 jets as delays at…