Business

Weak Intel forecast drags S&P 500, ends streak of record highs Traders work on the floor of the NYSE

Traders work on the floor of the NYSE

Weak Intel forecast drags S&P 500, ends streak of record highs

Bull Bear Daily January 26, 2024

By Noel Randewich and Ankika Biswas (Reuters) -The S&P 500 ended a five-session streak of record highs...

Intel tumbles as chipmaker falls further behind in AI race Illustration shows Intel logo

Intel tumbles as chipmaker falls further behind in AI race

Bull Bear Daily January 26, 2024

By Samrhitha A (Reuters) -Intel slumped more than 12% on Friday following a bleak first-quarter revenue outlook,...

Traders keep bets the Fed’s rate cuts will start in May louds over the Federal Reserve in Washington

louds over the Federal Reserve in Washington

Traders keep bets the Fed’s rate cuts will start in May

Bull Bear Daily January 26, 2024

By Ann Saphir (Reuters) – Inflation is cooling, but not quite quick enough to allow the U.S....

Boeing’s MAX production issues ripple across aerospace industry FILE PHOTO: Boeing's new 737 MAX-9 is pictured under construction

FILE PHOTO: Boeing's new 737 MAX-9 is pictured under construction

Boeing’s MAX production issues ripple across aerospace industry

Bull Bear Daily January 25, 2024

By Rajesh Kumar Singh, Abhijith Ganapavaram and David Shepardson (Reuters) -Boeing’s troubles with its 737 MAX jets...

Tesla erases $80 billion in valuation after Musk’s sales warning A Tesla Model S car is seen in a showroom

A Tesla Model S car is seen in a showroom

Tesla erases $80 billion in valuation after Musk’s sales warning

Bull Bear Daily January 25, 2024

By Aditya Soni (Reuters) -Tesla tumbled over 12% on Thursday after CEO Elon Musk warned sales growth...

PayPal to launch AI-based products as new CEO aims to revive share price Photo illustration of a PayPal logo

PayPal to launch AI-based products as new CEO aims to revive share price

Bull Bear Daily January 25, 2024

By Hannah Lang (Reuters) -PayPal is launching new artificial intelligence-driven products as well as a one-click checkout...

IBM shares soar to more than 10-year high on rosy AI outlook FILE PHOTO: Illustration shows IBM logo

IBM shares soar to more than 10-year high on rosy AI outlook

Bull Bear Daily January 25, 2024

By Chibuike Oguh NEW YORK (Reuters) -IBM shares jumped nearly 13% to a more than 10-year high...

Microsoft hits $3 trillion market value, second to Apple A Microsoft logo is seen in Los Angeles

Microsoft hits $3 trillion market value, second to Apple

Bull Bear Daily January 25, 2024

By Chibuike Oguh NEW YORK (Reuters) – Microsoft’s stock market value crossed the $3 trillion milestone for...

Watchdog flags conflict of interest issue in ex-Fed bank presidents’ trading FILE PHOTO: Then-Dallas Fed President Robert Kaplan speaks at the

FILE PHOTO: Then-Dallas Fed President Robert Kaplan speaks at the

Watchdog flags conflict of interest issue in ex-Fed bank presidents’ trading

Bull Bear Daily January 24, 2024

(This Jan. 22 story has been corrected to clarify that the trading activity was disclosed after the...

British billionaire Joe Lewis pleads guilty to US insider trading charges British billionaire Joe Lewis, whose family trust owns Tottenham Hotspur,

British billionaire Joe Lewis, whose family trust owns Tottenham Hotspur,

British billionaire Joe Lewis pleads guilty to US insider trading charges

Bull Bear Daily January 24, 2024

By Jody Godoy NEW YORK (Reuters) -British billionaire Joe Lewis pleaded guilty to U.S. insider trading charges...