(Reuters) – Equity traders rode high in the second quarter, propelling earnings across Wall Street banks. “There’s a significant amount…
Month: July 2024
Exclusive-FTC seeking details on Amazon deal with AI startup Adept, source says
By Krystal Hu, Greg Bensinger and Jody Godoy (Reuters) – The U.S. Federal Trade Commission has asked Amazon.com to provide…
Google deal for ‘hot market’ cyber firm Wiz would bolster cloud security
By Zeba Siddiqui SAN FRANCISCO (Reuters) – If Alphabet’s Google is successful in its effort to buy cloud security company…
US Vice President Harris seeks Aug 13 CBS debate against Vance
By Trevor Hunnicutt WASHINGTON (Reuters) -U.S. Vice President Kamala Harris has asked former President Donald Trump’s running mate, J.D. Vance,…
BlackRock assets hit record-high $10.65 trillion on ETF flows, rising stocks
By Arasu Kannagi Basil and Davide Barbuscia (Reuters) – Assets managed by BlackRock hit a record $10.65 trillion in the…
Hedge funds’ bets on software companies hit record lows, Morgan Stanley says
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds’ exposure to software stocks in the U.S. reached “new multi-year…
Goldman Sachs profit tops estimates on robust debt underwriting, fixed-income trading
By Saeed Azhar and Niket Nishant NEW YORK (Reuters) -Goldman Sachs’ profit more than doubled in the second quarter and…
Confidence is growing on winning inflation fight, Fed’s Daly says
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Monday said “confidence is growing” that inflation is heading…
Boeing begins 777X certification flight trials with U.S. FAA, Air Current says
(Reuters) – Boeing formally began flight testing of the 777-9 with U.S. aviation regulators onboard, The Air Current reported late…
China blasts US Tibet-China dispute bill, vows to defend its interests
(Reuters) – China expressed strong opposition on Saturday to a U.S. law signed by President Joe Biden that presses Beijing…