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Futures steady in lead-up to crucial inflation reading

December 11, 2024
(Reuters) – U.S. stock index futures were range-bound on Wednesday as investors stayed on the sidelines ahead of a pivotal inflation reading…
Stock

Micron secures $6.1 billion US chip subsidy

December 10, 2024
The U.S. Department of Commerce has confirmed a substantial subsidy exceeding $6.1 billion for Micron Technology (NASDAQ:MU), a leading memory chip manufacturer….
Stock

ServiceTitan seeks $5.95 billion valuation in its U.S. IPO

December 10, 2024
(Reuters) – Software (ETR:SOWGn) startup ServiceTitan is seeking a valuation of $5.95 billion in its U.S. initial public offering by raising the…
Stock

This stock remains a ‘core AI holding’ says Citi

December 10, 2024
Investing.com — Arista Networks (NYSE:ANET) stock is a “core holding” for investors, Citi strategists said, citing strong demand for data center switches,…
Stock

BofA clients post the largest weekly inflow since mid-September

December 10, 2024
Investing.com — BofA Securities said its clients were significant net buyers of US equities last week, with inflows totaling $6.4 billion. This…
Stock

US-listed Chinese stocks retreat after rally

December 10, 2024
US-listed Chinese stocks experienced a downturn in premarket trading as investors opted to secure profits following a significant rally. The catalyst for…
Stock

China investigates Nvidia over suspected violation of antimonopoly law

December 9, 2024
BEIJING (Reuters) – China’s market regulator has opened an investigation into Nvidia (NASDAQ:NVDA) over suspected violation of the country’s antimonopoly law, the…
Stock

Intel should have focused on AI rather than chipmaking, TSMC founder says

December 9, 2024
TAIPEI (Reuters) – Intel (NASDAQ:INTC) should have focused on artificial intelligence rather than trying to become a contract chipmaker, the founder of…
Stock

Arthur J. Gallagher to buy AssuredPartners in $13.45 billion deal

December 9, 2024
(Reuters) -Arthur J. Gallagher said on Monday it has agreed to acquire insurance broker AssuredPartners in a $13.45 billion deal, as it…
Stock

Activist investor Barington Capital urges Macy’s to cut spending, WSJ reports

December 9, 2024
(Reuters) – Activist investor Barington Capital has built a position in Macy’s (NYSE:M) and is urging the department store chain to cut…
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