Stocks steady as dollar dithers ahead of US data
(Reuters) – Global stocks steadied on Tuesday, underpinned by the conviction among investors that the Federal Reserve will not raise…
Column-Funds slash bullish dollar bets in half: McGeever
(Reuters) – The rise in U.S. rate cut expectations for next year seems to have prompted hedge funds to cool…
China’s Shein files for US IPO in major test for investor appetite -sources
(Reuters) – Fashion company Shein has confidentially filed to go public in the United States, according to two sources familiar…
US Cyber Monday sales hit record $12.4 billion on big discounts – report
(Reuters) -Deep discounts on everything from beauty products and toys to electronics have enticed U.S. shoppers to splurge on Christmas…
UK competition watchdog flags Adobe’s proposed acquisition of Figma
The UK’s Competition and Markets Authority (CMA), led by Margot Daly, has provisionally identified potential risks associated with Adobe (NASDAQ:ADBE)’s…
General Motors GM cuts spending on self-driving Cruise brand
General Motors (NYSE:GM) announced Tuesday that the Detroit automaker is scaling back spending on its self-driving unit, Cruise following an…
BNPL provider Affirm set to extend rally on upgrade, Cyber Monday boost
(Reuters) – Shares of Affirm Holdings (NASDAQ:AFRM) looked set to extend a rally on Tuesday following a rating upgrade and…
Micron raises forecast on improved supply/demand balance and pricing
Micron Technology, Inc. (NASDAQ:MU) has today revised its guidance for the first quarter of fiscal 2024. The company now expects…
Shopify holds an ‘untenable valuation’ – Piper Sandler
Shopify (NYSE:SHOP) shares were cut to Underweight from Neutral at Piper Sandler on Tuesday, with analysts lowering the price target…
Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.18%
Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Retail, Building & Construction and Telecoms…