Month: February 2024

Alcoa aims to take out Australian partner Alumina in $2.2 billion deal

• Business

Alcoa aims to take out Australian partner Alumina in $2.2 billion deal

Bull Bear Daily February 26, 2024

By Melanie Burton and Echha Jain MELBOURNE (Reuters) -U.S. aluminium producer Alcoa on Monday made a $2.2...

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EV maker Lotus Tech closes up modestly in Nasdaq debut after SPAC merger

• Business

EV maker Lotus Tech closes up modestly in Nasdaq debut after SPAC merger

Bull Bear Daily February 23, 2024

By Echo Wang and Lance Tupper NEW YORK (Reuters) -Shares of Lotus Technology closed up 2% in...

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S&P, Dow eke out another record closing high as Nvidia momentum endures

• Business

S&P, Dow eke out another record closing high as Nvidia momentum endures

Bull Bear Daily February 23, 2024

By David French (Reuters) – The S&P 500 and Dow Jones Industrial Average eked out another closing...

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TSX ends higher, wraps up week with gains

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TSX ends higher, wraps up week with gains

Bull Bear Daily February 23, 2024

(Reuters) -Canada’s main stock index gained on Friday, wrapping up the week on a positive note, helped...

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Nvidia briefly hits $2 trillion valuation as AI frenzy grips Wall Street

• Business

Nvidia briefly hits $2 trillion valuation as AI frenzy grips Wall Street

Bull Bear Daily February 23, 2024

By Aditya Soni and Patturaja Murugaboopathy (Reuters) -Nvidia briefly hit $2 trillion in market value for the...

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Reddit’s US IPO filing reveals $90.8 million losses, 21% revenue growth in 2023

• Business

Reddit’s US IPO filing reveals $90.8 million losses, 21% revenue growth in 2023

Bull Bear Daily February 23, 2024

By Niket Nishant and Manya Saini (Reuters) -Reddit disclosed on Thursday that its net loss narrowed to...

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Nvidia adds record $277 billion in stock market value

• Business

Nvidia adds record $277 billion in stock market value

Bull Bear Daily February 23, 2024

By Noel Randewich and Medha Singh (Reuters) -Nvidia added $277 billion in stock market value on Thursday,...

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Block outlook tops earnings estimates, boosting shares 12%

• Business

Block outlook tops earnings estimates, boosting shares 12%

Bull Bear Daily February 22, 2024

By Hannah Lang (Reuters) -Shares in Jack Dorsey-led Block surged 12% on Thursday after the payments firm...

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TSX closes at 22-month high powered by tech rally

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TSX closes at 22-month high powered by tech rally

Bull Bear Daily February 22, 2024

By Purvi Agarwal (Reuters) -Canada’s main stock index closed at a 22-month closing high on Thursday, buoyed...

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Nvidia stock surges as revenue forecast tops estimates, AI demand continues

• Business

Nvidia stock surges as revenue forecast tops estimates, AI demand continues

Bull Bear Daily February 22, 2024

By Arsheeya Bajwa and Max A. Cherney (Reuters) -Nvidia on Wednesday forecast a roughly threefold surge in...

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