Biden names former Obama-era lawyer as White House counsel
(Reuters) – U.S. President Joe Biden named former federal prosecutor and Chicago lawyer Ed Siskel as his top White House…
Analysis-Arm’s clients turn IPO into tug of war for chip influence
(Reuters) – A scramble among Arm Holdings Ltd’s clients, comprising the world’s biggest technology companies, to snap up shares in…
DIY group Lowe’s posts second-quarter profit beat
Lowe’s (NYSE:LOW) has reported a smaller-than-anticipated decline in second-quarter gross profit and backed its annual financial guidance, as online sales…
Pakistan rupee drops to record low as import restrictions ease
(Reuters) – Pakistan’s rupee closed at a record low of 299 rupees against the dollar in the interbank market on…
Dollar retreats slightly, Powell’s Jackson Hole speech seen key
The U.S. dollar retreated in early European trade Tuesday as risk sentiment received a boost from strong tech-led gains on…
Nvidia shares rise as AI boom lifts hopes of another strong revenue forecast
(Reuters) – Nvidia (NASDAQ:NVDA) shares rose on Tuesday before the bell in a buildup in expectations over the quarterly results…
Dow futures trade higher; Lowe’s leads off more retail earnings
U.S. stock futures edged higher Tuesday, as investors attempted to build on the momentum of the previous session ahead of…
SoftBank-backed chip designer Arm reveals filing for blockbuster U.S. IPO
(Reuters) – SoftBank (TYO:9984) Group-backed Arm Holdings’ annual revenue dropped 1% due to a slowdown in smartphone sales, the chip…
Australia’s Coles reports profit dip on rising costs, shares down
(Reuters) – Australia’s second-largest grocer Coles said annual profit from continuing operations fell slightly, missing analyst forecasts, as rising lease…
4 big analyst picks: Restaurant Brands a new Buy at JPMorgan, AppLovin upgraded
Restaurant Brands started with Overweight at JPMorgan JPMorgan initiated coverage on Restaurant Brands International (NYSE:QSR) with an Overweight rating and…