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Day: April 16, 2024

Trump Media shares tank after filing shows more stock may be sold
Business

Trump Media shares tank after filing shows more stock may be sold

April 16, 2024April 16, 2024

By Echo Wang (Reuters) -Shares of Donald Trump’s social media company slumped 18% on Monday, extending losses since the stock’s debut last month, after the

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AMD introduces AI chips for business laptops and desktops
Business

AMD introduces AI chips for business laptops and desktops

April 16, 2024April 16, 2024

(Reuters) -Advanced Micro Devices unveiled a new series of semiconductors for artificial intelligence-enabled business laptops and desktops on Tuesday as the chip designer looks to

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Morgan Stanley profit beats estimates with higher investment banking, wealth revenue
Business

Morgan Stanley profit beats estimates with higher investment banking, wealth revenue

April 16, 2024April 16, 2024

By Tatiana Bautzer and Manya Saini (Reuters) -Morgan Stanley’s first-quarter profit beat estimates on Tuesday, fueled by a resurgence in investment banking and growth in

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Wall Street bosses cheer investment banking gains but stay cautious
Business

Wall Street bosses cheer investment banking gains but stay cautious

April 16, 2024April 16, 2024

By Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) – Wall Street’s bosses are finally seeing signs of a broader pickup in investment banking, but

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Walmart-backed Ibotta looks to raise $551 million in upsized US IPO
Business

Walmart-backed Ibotta looks to raise $551 million in upsized US IPO

April 16, 2024April 16, 2024

(Reuters) -Ibotta, the digital marketing company backed by Walmart, said on Tuesday it was looking to raise about $551 million in an upsized initial public

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