(Reuters) – YouTube speeds in Russia are set to sharply decline on desktop computers due Google’s failure to upgrade its equipment in Russia and its refusal to unblock channels of Russian[...]
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July 26, 2024
Deckers’ shares surge over company’s bet on full-price sales of Hoka, UGG footwear
By Ananya Mariam Rajesh (Reuters) -Deckers Outdoor shares jumped as much as 17% on Friday, after multiple brokerages raised their price targets following the company’s bet on full-price sales of[...]
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Apollo invests $700 million in?
(Reuters) – Private equity behemoth Apollo Global Management has invested $700 million in high-profile record label Sony Music Group, allowing its clients an opportunity to invest in “high[...]
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INSTANT VIEW: US inflation rises moderately in June
NEW YORK (Reuters) – U.S. prices rose moderately in June, underscoring an improving inflation environment that potentially positions the Federal Reserve to begin cutting interest rates in Septem[...]
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US equity funds attract inflows, defying a tech selloff
(Reuters) – U.S. investors continued to pump money into equity funds in the seven days to July 24, shrugging off a technology sector selloff to focus on robust corporate earnings and the possibi[...]
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US indicts Andrew Left in $16 million stock market manipulation scheme
WASHINGTON (Reuters) – A federal grand jury has indicted prominent activist short seller Andrew Left on multiple counts of securities fraud for a long-running $16 million market manipulation sch[...]
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Colgate-Palmolive raises 2024 forecasts on strong demand
(Reuters) – Toothpaste maker Colgate-Palmolive raised its forecasts for annual profit and organic sales on Friday, after beating second-quarter estimates on resilient demand for its high-priced[...]
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T Rowe Price’s profit jumps on boost from market rally
(Reuters) – Asset manager T Rowe Price reported an 11% jump in second-quarter adjusted profit on Friday, helped by a relentless market rally that has boosted the value of clients’ investme[...]
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Chinese EV battery maker CATL posts 13.4% jump in second-quarter profit
BEIJING (Reuters) – Chinese electric vehicle battery giant CATL’s second-quarter net profit jumped 13.4% year on year, a stock market filing showed on Friday, extending gains for a second[...]
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