Time to load up on mega-caps again – Goldman Sachs
Goldman Sachs portfolio strategists are telling clients that following the recent correction in mega-caps due to the sharp recent increase…
U.S. stocks waver after stopgap funding deal; focus turns to jobs
U.S. stocks are wobbling to start a new month and quarter after a last-minute deal to extend government funding for…
Nasdaq, S&P 500 rise ahead of comments from Fed Chair Powell
(Reuters) – The tech-heavy Nasdaq and the S&P 500 rose on Monday as most growth stocks gained, while investors awaited…
GM furloughs another 160 workers due to UAW strike
(Reuters) – General Motors said Monday it was indefinitely laying off about 160 workers at plants in Indiana and Ohio…
Rivian delivers softer-than-expected annual deliveries forecast, shares dip
Rivian (NASDAQ:RIVN) shares fell in early U.S. trading on Monday after the electric vehicle (EV) startup unveiled an annual deliveries…
Wall St set to open lower as yields rise ahead of Powell speech
(Reuters) – Wall Street was set to open lower on Monday as the 10-year Treasury yield regained 2007 highs, while…
Samsung to manufacture chips from AI chip startup Tenstorrent
(Reuters) – Samsung (KS:005930)’s contract chip manufacturing arm picked up a new artificial intelligence chip customer, a Canadian startup called…
US expands, upgrades probe into 708,000 Ford SUVs, trucks over engine failures
(Reuters) – The National Highway Traffic Safety Administration (NHTSA) said on Monday it was upgrading and expanding its investigation into…
Tesla stock falls as Q3 deliveries fall short of analyst estimates
Tesla (NASDAQ:TSLA) has reported its third-quarter deliveries, which came in below the average analyst estimate. Shares are down 3.8% in…
Microsoft CEO testifies at once-in-a-generation US Google antitrust trial
(Reuters) – The U.S. Justice Department’s once-in-a-generation antitrust fight with Alphabet (NASDAQ:GOOGL)’s Google gets some star power on Monday when…