Carl Icahn has sizable stake in Caesars Entertainment, Bloomberg News reports
Daily Trader Insights (Reuters) – Activist investor Carl Icahn has a sizable position in casino operator Caesars Entertainment,...
May 2024
Struggling Dow transport stocks could be economic warning signal
By Lewis Krauskopf NEW YORK (Reuters) – It’s been a banner year for the major...
US refiners boosting fuel output past 90% of capacity for summer driving season
By Erwin Seba and Nicole Jao HOUSTON (Reuters) – U.S. crude oil refiners aim to...
Trump Media drops after Donald Trump found guilty in hush money case
By Medha Singh (Reuters) -Shares of Trump Media & Technology Group fell about 5% in...
Fed’s Goolsbee says inflation could still fall without rising unemployment
WASHINGTON (Reuters) – U.S. Federal Reserve officials are “trying to wrap their head around” whether...
OpenAI responds to warnings of self governance by former board members, the Economist reports
(Reuters) – OpenAI’s board on Thursday pushed back on allegations from its former members that...
Salesforce plummets as weak forecast sparks concerns of AI competition
By Kanchana Chakravarty and Arsheeya Bajwa (Reuters) -Salesforce shares slumped about 18% on Thursday, after...
Billionaire investor Ackman considering backing Trump in US election, source says
By Carolina Mandl (Reuters) -Billionaire hedge fund manager Bill Ackman is considering endorsing Donald Trump...
Meta identifies networks pushing deceptive content likely generated by AI
NEW YORK (Reuters) – Meta said on Wednesday it had found “likely AI-generated” content used...
Musk’s $56 billion pay package opposed by CalPERS CEO, CNBC reports
(Reuters) -The California Public Employees Retirement System (CalPERS) CEO Marcie Frost is planning to oppose...