Wealth Growth Daily

Updated

HP forecasts downbeat profit as weak PC market, competition weigh

BY Reuters  • August 28, 2024August 28, 2024
By Juby Babu (Reuters) -HP forecast fourth-quarter profit below Wall Street estimates and cut its expectations for the year on Wednesday, owing to choppy demand in the personal computers market and co[...]
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Exclusive-Silicon Valley backers want Harris to prioritize abortion rights, pro-tech policies

BY Reuters  • August 28, 2024August 28, 2024
By Jeffrey Dastin SAN FRANCISCO (Reuters) – Venture capitalists pledging support for Kamala Harris’ White House campaign listed priorities in a survey released on Wednesday that include wo[...]
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Two Republicans want Pentagon to add Chinese battery maker CATL to restricted list

BY Reuters  • August 28, 2024August 28, 2024
By David Shepardson WASHINGTON (Reuters) -Two top Republican lawmakers on Wednesday asked the U.S. Defense Department to add Chinese battery maker CATL to a restricted list of companies allegedly work[...]
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US SEC to require monthly reports on investment fund holdings for transparency

BY Reuters  • August 28, 2024August 28, 2024
By Douglas Gillison WASHINGTON (Reuters) -Wall Street’s top regulator moved on Wednesday to increase transparency for regulators and investors in mutual and exchange-traded funds by requiring th[...]
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Stocks fall, Nvidia down 3% after the bell despite strong earnings

BY Reuters  • August 28, 2024August 28, 2024
By Chibuike Oguh and Lawrence White NEW YORK/LONDON (Reuters) -Global equity markets eased while the U.S. dollar rebounded on Wednesday, and then chipmaker Nvidia’s better-than-expected results[...]
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Brazil’s Lula to nominate Galipolo as central bank chief, says finance minister

BY Reuters  • August 28, 2024August 28, 2024
By Marcela Ayres BRASILIA/SAO PAULO (Reuters) – Brazil’s President Luiz Inacio Lula da Silva has picked central bank monetary policy director Gabriel Galipolo to be the institution’s[...]
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Warren Buffett’s Berkshire Hathaway closes above $1 trillion market value

BY Reuters  • August 28, 2024August 28, 2024
By Jonathan Stempel (Reuters) -Berkshire Hathaway’s market value closed above $1 trillion for the first time on Wednesday, reflecting investor confidence in the conglomerate that Warren Buffett[...]
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Super Micro shares slammed following delay in annual filing

BY Reuters  • August 28, 2024August 28, 2024
By Deborah Mary Sophia and Aditya Soni (Reuters) -AI server maker Super Micro Computer delayed the filing of its annual report, citing a need to assess “its internal controls over financial repo[...]
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Canada’s RBC beats profit estimates, shares hit record high

BY Reuters  • August 28, 2024August 28, 2024
By Nivedita Balu and Arasu Kannagi Basil TORONTO (Reuters) -Royal Bank of Canada surpassed quarterly profit estimates that pushed shares to a record high on Wednesday, while executives said they were[...]
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