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NEWSLETTER

Morning Bid: Bathed in a sea of red

BY Reuters  • August 5, 2024August 5, 2024
(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 Reuters  • July 31, 2024July 31, 2024
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[...]
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McDonald’s sales fall globally for first time in more than three years

BY Reuters  • July 29, 2024July 29, 2024
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,[...]
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Apollo invests $700 million in?

BY Reuters  • July 26, 2024July 26, 2024
(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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Disney, unions reach tentative pact, avoiding strike at Disneyland

BY Reuters  • July 24, 2024July 24, 2024
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[...]
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Halliburton Analysts Forecasts What to Expect

BY Ileana Wolfort  • July 22, 2024July 22, 2024
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[...]
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NEWSLETTER

Oracle reaches $115 million consumer privacy settlement

BY Reuters  • July 19, 2024July 19, 2024
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[...]
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Netflix’s Growth Slows: See What They are Thinking

BY Reuters  • July 17, 2024July 17, 2024
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[...]
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OpenAI working on new reasoning technology under code name ‘Strawberry’

BY Reuters  • July 15, 2024July 15, 2024
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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