Feb 01, 2024
Ferrari shares surge as strong orders underpin growth

By Giulio Piovaccari and Keith Weir MILAN (Reuters) -Luxury sports car maker Ferrari reassured investors on Thursday that its revenues and core earnings would keep growing this year, supported by a strong order book stretching across 2025. The upbeat forecasts…

Jan 31, 2024
Boeing is sued by shareholders following MAX 9 blowout

By Jonathan Stempel NEW YORK (Reuters) - Boeing has been sued by shareholders who said the company prioritized profit over safety and misled them about its commitment to making safe aircraft, prior to the Jan. 5 mid-air cabin panel blowout…

Jan 30, 2024
Explainer-Charting the Fed’s economic data flow

(Reuters) - The Federal Reserve will conclude its latest two-day policy meeting on Wednesday, and while it is expected to maintain its policy rate in the current 5.25%-5.50% range, data on inflation, jobs and consumer spending is bringing the prospects…

Jan 29, 2024
What investors are saying about China’s market meltdown

(This Jan. 23 story has been refiled to correct name to Diane, not Diana, in paragraph 29) (Reuters) - Stock markets in China and Hong Kong have slumped to multi-year lows this week as confidence in the world's second-biggest economy…

Jan 29, 2024
Investors see Microsoft’s stock market value leaving Apple behind

By Noel Randewich (Reuters) - Microsoft's early lead in artificial intelligence has the software heavyweight's stock market value poised to pull decisively ahead of Apple's over the next five years, 13 institutional investors unanimously agreed ahead of the tech titans'…

Jan 26, 2024
Intel tumbles as chipmaker falls further behind in AI race

By Samrhitha A (Reuters) -Intel slumped more than 12% on Friday following a bleak first-quarter revenue outlook, as the chipmaker plays catch-up in the AI race while also dealing with a weak PC market. While AI is driving a boom…

PHP Code Snippets Powered By : XYZScripts.com