(Reuters) – A look at the day ahead in European and global markets from Wayne Cole. It’s a sea of red in Asian share markets as investors flee from risk and a lot of crowded trades unwind[...]
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Gold on track for monthly gain on Mideast fears, Fed rate-cut hopes
By Rahul Paswan (Reuters) – Gold prices were on track to register their best month since March on Wednesday led by geopolitical concerns and hopes of an interest rate cut in September as focus s[...]
Read moreMcDonald’s sales fall globally for first time in more than three years
By Savyata Mishra (Reuters) -McDonald’s reported a surprise drop in sales worldwide on Monday, its first decline in 13 quarters, as deal-seeking consumers shy away from higher priced menu items,[...]
Read moreApollo 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[...]
Read moreDisney, unions reach tentative pact, avoiding strike at Disneyland
By Dawn Chmielewski ANAHEIM, California (Reuters) -Unions representing 14,000 Disneyland employees said on Wednesday they had reached a tentative labor agreement with Walt Disney Co , averting a work[...]
Read moreHalliburton Analysts Forecasts What to Expect
Halliburton Company (NYSE:HAL) reported worse-than-expected second-quarter revenue results on Friday. Halliburton reported second-quarter 2024 revenue of $5.833 billion, missing the consensus of $5.94[...]
Read moreOracle reaches $115 million consumer privacy settlement
By Jonathan Stempel (Reuters) – Oracle agreed to pay $115 million to settle a lawsuit accusing the database software and cloud computing company of invading people’s privacy by collecting[...]
Read moreNetflix’s Growth Slows: See What They are Thinking
By Harshita Mary Varghese (Reuters) – Netflix likely added the fewest number of subscribers in five quarters during April-June as sharp gains following a crackdown on password sharing ebbed and[...]
Read moreOpenAI working on new reasoning technology under code name ‘Strawberry’
By Anna Tong and Katie Paul -ChatGPT maker OpenAI is working on a novel approach to its artificial intelligence models in a project code-named “Strawberry,” according to a person familiar with the mat[...]
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