Today: September 21, 2024
Today: September 21, 2024

Finance

Business|Finance|Stock Markets|Technology

Nvidia beat earnings expectations again. Investors aren’t impressed

Nvidia beat earnings expectations again. Investors aren’t impressed

Nvidia beat earnings expectations again. Investors aren’t impressed
Business|Finance|Technology

Meta faces $3.6 million fine in Brazil for allowing bogus Havan ads

By Victor Pinheiro SÃO PAULO - Meta Platforms faces a fine of up to $3.62 million after losing a lawsuit by Brazilian department store chain Havan that accused the social media company of accepting

Meta faces $3.6 million fine in Brazil for allowing bogus Havan ads
Business|Finance|Technology

US SEC threatens to sue NFT marketplace OpenSea, CEO says

The U.S.

US SEC threatens to sue NFT marketplace OpenSea, CEO says
Business|Finance|Stock Markets

Wall Street just gave Warren Buffett an early birthday gift: Berkshire Hathaway is now worth $1 trillion

Wall Street just gave Warren Buffett an early birthday gift: Berkshire Hathaway is now worth $1 trillion

Wall Street just gave Warren Buffett an early birthday gift: Berkshire Hathaway is now worth $1 trillion
Business|Entertainment|Finance|Technology

Cyberpunk maker CD Projekt's first-half net profit jumps 88%

Poland's biggest games developer CD Projekt posted on Wednesday an 88% year-on-year jump in its first-half net profit, driven by higher sales of its flagship Cyberpunk game.

Cyberpunk maker CD Projekt's first-half net profit jumps 88%
Business|Economy|Finance|Health|News

Biden cap on drug costs will save US seniors over $1,000 a year, study finds

More than 1 million people in the U.S. will save over $1,000 a year beginning in 2025, when an annual $2,000 cap on prescription drug out-of-

Biden cap on drug costs will save US seniors over $1,000 a year, study finds
Economy|Finance

Swiss banker says super-rich tax proposal is 'nuclear bomb' for Switzerland

A tax on the super-rich pitched by the youth wing of one of Switzerland's main political parties is "extremely dangerous" for the country, a top Swiss banker said on Wednesday,

Swiss banker says super-rich tax proposal is 'nuclear bomb' for Switzerland
Business|Finance

What were India's antitrust concerns over Disney-Reliance deal

Walt Disney Co and Reliance Industries won approval from the Competition Commission of India (CCI) on Wednesday for an $8.5 billion merger of

What were India's antitrust concerns over Disney-Reliance deal
Economy|Europe|Finance

Portugal proposes austerity-era finance minister for EU Commissioner

Portugal's centre-right government proposed on Wednesday former finance minister Maria Luis Albuquerque, who led the country's austerity efforts a decade ago following an

Portugal proposes austerity-era finance minister for EU Commissioner
Business|Finance

US SEC to require monthly reports on investment fund holdings for transparency

Wall Street's top regulator moved on Wednesday to increase transparency for regulators and investors in mutual and exchange-traded funds by requiring them to

US SEC to require monthly reports on investment fund holdings for transparency
Business|Finance|Stock Markets

Warren Buffett's Berkshire Hathaway closes above $1 trillion market value

Berkshire Hathaway's market value closed above $1 trillion for the first time on Wednesday, reflecting investor confidence in the conglomerate that Warren Buffett built

Warren Buffett's Berkshire Hathaway closes above $1 trillion market value
Business|Economy|Finance|Stock Markets

Toronto market falls for second day as investors book profits

Canada's main stock index extended its pullback from a record high on Wednesday, as profit-taking in most sectors of the market offset gains for financials after stronger-

Toronto market falls for second day as investors book profits
Economy|Finance

Brazil's central bank chief wants flexibility for next rate decision

Brazil's central bank has provided no guidance for its upcoming policy meeting because of its need for flexibility at this time as it tries to bring inflation back

Brazil's central bank chief wants flexibility for next rate decision
Business|Finance|Technology

Super Micro shares slammed following delay in annual filing

AI server maker Super Micro Computer delayed the filing of its annual report, citing a need to assess "its internal controls over financial reporting,

Super Micro shares slammed following delay in annual filing
Business|Economy|Finance

Kohl's banks on cost controls, leaner inventories to lift profit target

Kohl's topped quarterly profit estimates and raised its annual forecast on Wednesday, as the department store operator leans on lower costs and slimmer inventories

Kohl's banks on cost controls, leaner inventories to lift profit target
Business|Economy|Finance

Billionaire investor Buffett offloads Bank of America shares worth $982 million in latest sale

Billionaire Warren Buffett's Berkshire Hathaway has sold some more shares of Bank of America over the past few days, raking in $981.9 million, as the conglomerate continues to trim down

Billionaire investor Buffett offloads Bank of America shares worth $982 million in latest sale
Business|Finance

Bath & Body Works cuts annual sales forecast on tepid demand

Bath & Body Works cut its annual sales forecast on Wednesday, a sign of weaker demand for its pricey products such as fragrances and scented candles in the face of still-high inflation.

Bath & Body Works cuts annual sales forecast on tepid demand
Business|Finance

Abercrombie & Fitch lifts sales forecast on trendy apparel demand; lofty expectations hit shares

Abercrombie & Fitch raised its annual sales target on Wednesday after reporting better-than-expected quarterly revenue, but shares of the company fell 14% as

Abercrombie & Fitch lifts sales forecast on trendy apparel demand; lofty expectations hit shares
Business|Finance|News

Disney-Reliance India media merger approved: Who are their top rivals?

The $8.5 billion merger of Reliance and Walt Disney India media assets has been approved by India's antitrust body, clearing the way for a deal that will create India's largest

Disney-Reliance India media merger approved: Who are their top rivals?
Asia|Business|Economy|Finance

Disney, Reliance overcome cricket concerns to win approval for $8.5 billion India merger

Walt Disney Co and Reliance Industries won approval on Wednesday for an $8.5 billion merger of their Indian media assets after assuaging

Disney, Reliance overcome cricket concerns to win approval for $8.5 billion India merger
Economy|Finance|News

US 30-year mortgage rate falls to lowest since April 2023

The interest rate for the most popular U.S. home loan slid to its lowest in 16 months, after Federal Reserve Chair Jerome Powell signaled the central bank was ready to lower borrowing

US 30-year mortgage rate falls to lowest since April 2023
Election|Finance

Silicon Valley backers want Harris to prioritize abortion rights, pro-tech policies

Venture capitalists pledging support for Kamala Harris' White House campaign listed priorities in a survey released on Wednesday that include women's

Silicon Valley backers want Harris to prioritize abortion rights, pro-tech policies
Business|Finance

Number of 401(k) ‘millionaires’ reaches new high

Number of 401(k) ‘millionaires’ reaches new high

Number of 401(k) ‘millionaires’ reaches new high
Business|Economy|Finance

National Bank of Canada's profit rises on wealth management, markets strength

National Bank of Canada reported a higher third-quarter profit on Wednesday, helped by strong performance in its wealth management and financial markets units.

National Bank of Canada's profit rises on wealth management, markets strength
Business|Finance

Canada's RBC beats profit estimates, shares hit record high

Royal Bank of Canada surpassed quarterly profit estimates that pushed shares to a record high on Wednesday, while executives said they were

Canada's RBC beats profit estimates, shares hit record high

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