By Davide Barbuscia NEW YORK (Reuters) – Vanguard, the world’s second-largest asset manager, expects the Federal Reserve to maintain a…
Author: Active Trader Daily
Facebook parent Meta sees advertising jump, tops Wall Street targets
By Katie Paul and Yuvraj Malik (Reuters) – Meta Platforms on Wednesday reported a strong rise in advertising revenue, topping…
Chipotle sales disappoint Wall St as price hikes taper
By Deborah Mary Sophia and Kailyn Rhone (Reuters) -Chipotle Mexican Grill missed Wall Street estimates for quarterly sales on Wednesday…
EBay’s higher investments weigh on profit forecast, shares fall
(Reuters) -EBay forecast third-quarter profit below market expectations on Thursday as the e-commerce platform spent more to bolster categories such…
Instant view: Fed raises interest rates, leaves door open to another increase
NEW YORK (Reuters) – The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, citing…
GM shares fall as automaker outlines new cost-cutting drive
By Joseph White and Paul Lienert DETROIT (Reuters) -General Motors is wrestling with costs and struggling to build more electric…
TikTok launches text-only posts to rival Elon Musk’s Twitter
(Reuters) – Chinese short-video app TikTok is allowing users to create text-only posts, in the latest attempt by a social…
3M raises full-year profit forecast as cost-cut measures pay off
By Kannaki Deka (Reuters) -U.S. industrial conglomerate 3M Co on Tuesday raised its full-year profit forecast and reported better-than-expected quarterly…
Amazon lowers iRobot deal price by 15% after Roomba maker incurs fresh debt
(Reuters) -Amazon.com has slashed the price it will pay for iRobot by about 15% to around $1.42 billion after the…
AT&T investors to focus on risk from lead cables, cash flow
By Samrhitha A and David Shepardson (Reuters) -AT&T investors will watch out on Wednesday for comments from top management on…