Stocks Waver Before JOLTS as Treasury Yields Drop: Markets Wrap
Stocks wavered as traders awaited fresh economic figures for clues on whether the labor market is cooling too much amid…
Altman Infrastructure Plan Aims to Spend Tens of Billions in US
OpenAI Chief Executive Officer Sam Altman’s plans for a massive buildout of the machinery and systems needed for artificial intelligence…
Exclusive-Elliott now owns enough of Southwest Airlines to call special meeting
Elliott Investment Management now holds 10% of Southwest Airlines’ common stock, crossing the threshold that allows the hedge fund to…
Nvidia just recorded the biggest single-day wipeout by a US company
Nvidia’s stock fell 9.5% due to concerns about AI and the US economy. Investors are worried about economic indicators and…
Intel’s Dow status under threat as struggling chipmaker’s shares plunge
Intel was one of the first two tech companies to join the Dow Jones Industrial Average during the late-’90s dot-com…
Nokia signs fibre deal with AT&T after losing network contract to Ericsson
U.S. telecoms operator AT&T and Finnish network equipment maker Nokia have signed an agreement to build a fibre network in…
Cathay Pacific inspections find 15 A350s need engine parts replaced
Hong Kong’s Cathay Pacific Airways said on Tuesday it had inspected its entire Airbus A350 fleet after the in-flight failure…
Dollar nudges at two-week highs; yen back in focus
The dollar hovered close to a two-week high on Tuesday as investors geared up for a slew of economic data,…
Travel industry to contribute record $11 trillion to global GDP in 2024
A record $1 out of every $10 spent globally in 2024 will be on travel as people briskly book hotels,…
Oil Steadies as China Demand Concerns Offset Libyan Disruptions
Oil steadied as concerns over China’s dour economic outlook offset supply disruptions in Libya. Brent traded near $77 a barrel…