Wealth Growth Daily

Updated

Sterling’s stunning rally keeps twitchy currency markets on edge

BY Reuters  • August 30, 2024August 30, 2024
By Naomi Rovnick LONDON (Reuters) -Sterling has hit roughly 2-1/2 years highs against the dollar and is flying high versus the euro, in moves analysts warn are underpinned by speculative interest rate[...]
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Core inflation in Japan’s capital perks up, backs case for BOJ hikes

BY Reuters  • August 30, 2024August 30, 2024
By Makiko Yamazaki and Satoshi Sugiyama TOKYO (Reuters) -Core inflation in Japan’s capital accelerated for a fourth straight month in August, data showed on Friday, tracking comfortably above th[...]
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Morning Bid: Data deluge closes out rollercoaster month

BY Reuters  • August 29, 2024August 30, 2024
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Financial market trading in many Asian countries could be choppy on Friday, with investors hoping to close out a remarkabl[...]
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Elon Musk, Tesla win dismissal of lawsuit claiming they rigged dogecoin

BY Reuters  • August 29, 2024August 30, 2024
By Jonathan Stempel NEW YORK (Reuters) -Elon Musk and his electric vehicle company Tesla won the dismissal of a federal lawsuit accusing them of defrauding investors by hyping the cryptocurrency dogec[...]
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Dell raises forecasts as demand surges for Nvidia powered AI servers

BY Reuters  • August 29, 2024August 30, 2024
By Jaspreet Singh (Reuters) -Dell Technologies raised its annual revenue and profit forecasts on Thursday, buoyed by demand for its AI-optimized servers that are powered by Nvidia’s powerful chi[...]
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Stocks ease past Nvidia blues, crude oil rebounds

BY Reuters  • August 29, 2024August 29, 2024
By Chibuike Oguh NEW YORK (Reuters) -Global shares edged higher on Thursday, shrugging off investor disappointment at artificial intelligence powerhouse Nvidia’s results, while oil prices reboun[...]
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Dow closes at record high, Nvidia falls after forecast

BY Reuters  • August 29, 2024August 29, 2024
By Johann M Cherian and Noel Randewich (Reuters) – The Dow notched a record high close on Thursday in mixed trading following robust U.S. economic data, while artificial intelligence chipmaker N[...]
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Gap’s turnaround efforts drive quarterly beat in surprise early announcement

BY Reuters  • August 29, 2024August 29, 2024
By Ananya Mariam Rajesh (Reuters) -Gap on Thursday surpassed Wall Street expectations for the second quarter, as a surprise early announcement of its results showed shoppers turned to its Old Navy and[...]
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Lululemon cuts annual forecasts on tepid US demand, slower product refresh

BY Reuters  • August 29, 2024August 29, 2024
By Savyata Mishra (Reuters) -Lululemon Athletica cut its annual sales and profit forecasts on Thursday, as demand for its pricey leggings and tank tops slowed in North America amid selective consumer[...]
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