(Reuters) -Shares of Super Micro Computer tumbled more than 24% to hit a near 18-month low on Wednesday as an unclear timeline for its annual
Month: November 2024
European clean energy stocks tumble as Trump wins US presidency
By Stine Jacobsen COPENHAGEN (Reuters) -Shares in European clean energy groups plummeted on Wednesday after Donald Trump was elected president of the United States, as
US suppliers, importers prepare for promised Trump tariffs
By Lisa Baertlein and David Kirton LOS ANGELES (Reuters) – Some U.S. businesses are activating plans to protect their businesses from President-elect Donald Trump’s promise
Trump’s economic plan hinges on tax cuts, tariffs, immigration crackdown
WASHINGTON (Reuters) – U.S. President-elect Donald Trump will retake the White House with ambitious plans for broad import tariffs, immigration restrictions and additional tax cuts
Musk now says it’s ‘pointless’ to build a $25,000 Tesla for human drivers
By Chris Kirkham (Reuters) -When Reuters reported in April that Tesla had scrapped plans for a long-promised, next-generation $25,000 electric vehicle, the automaker’s stock plunged.
Wells Fargo has tripled political spending with state groups over past decade
By Douglas Gillison (Reuters) – Over the past decade, Wells Fargo has tripled donations to groups focused on influencing state elections as the retail banking
Morning Bid: World markets firm as America decides
A look at the day ahead in U.S. and global markets from Mike Dolan Even with the uncertainty of what most pollsters see as a
Yum Brands reports surprise fall in global sales amid KFC’s struggles in US
(Corrects paragraph 2 to say KFC US same-store sales fell 5%, not 7%) (Reuters) – Yum Brands reported a surprise fall in worldwide same-store sales
Bond investors minimize bets as US election overshadows Fed meeting
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Bond investors are keeping a defensive but neutral stance in managing portfolios ahead of this week’s Federal Reserve
Fox Corp tops revenue targets on political ad boom ahead of US election
(Reuters) -Fox Corp beat Wall Street expectations for first-quarter revenue on Monday, as the media company benefited from higher political advertising ahead of the U.S.