AppLovin shares gain following upgrade to ‘Buy’ at Jefferies

AppLovin’s (NASDAQ:APP) stock climbed 4% shortly after it was upgraded from “Hold” to “Buy” by equity analysts at Jefferies. The…

Meta rolls out web version of Threads

(Reuters) – Meta Platforms (NASDAQ:META) on Tuesday launched the web version of its new text-first social media platform Threads, in…

S&P downgrades multiple US banks on growing liquidity worries

(Reuters) – S&P Global followed Moody’s (NYSE:MCO) in cutting its credit ratings and outlook on multiple U.S. regional banks on…

US airline pilots fight their unions to increase retirement age

(Reuters) – Bo Ellis has been a devoted member of the Air Line Pilots Association (ALPA) for nearly four decades,…

Indonesia reviews plan to merge two state airlines – executive

(Reuters) – The Indonesian government is reviewing a plan to merge state-owned airlines Garuda Indonesia and Pelita Air, a unit…

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…

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…