Ports restrict navigation, some oil facilities shut as Milton approaches Florida
Daily Trader Insights HOUSTON (Reuters) – At least one oil and gas platform in the U.S. Gulf of...
2024
US lets Starlink provide direct-to-cell coverage for hurricane-hit areas
By David Shepardson WASHINGTON (Reuters) – The U.S. Federal Communications Commission on Sunday allowed Elon...
US property and casualty insurers’ shares slump as hurricane season losses mount
By Manya Saini (Reuters) -U.S. property and casualty insurance stocks tanked on Monday after Hurricane...
Super Micro shares surge as AI boom drives 100,000 quarterly GPU shipments
(Reuters) – Super Micro Computer said on Monday it is currently shipping more than 100,000...
US job growth blows past expectations, unemployment rate falls to 4.1%
By Lucia Mutikani WASHINGTON (Reuters) -U.S. job gains increased by the most in six months...
Meta, challenging OpenAI, announces new AI model that can generate video with sound
By Katie Paul NEW YORK (Reuters) -Facebook owner Meta announced on Friday it had built...
Fed seen slowing rate-cut pace after strong US jobs data
(Reuters) – A surge in job growth last month will allow the Federal Reserve to...
Investors look to earnings to support record-high stock prices
By Lewis Krauskopf NEW YORK (Reuters) – A high-stakes corporate earnings season kicks into gear...
Rivian lowers annual production forecast due to parts shortage
(Reuters) -Rivian said on Friday it slashed its full-year production forecast and delivered fewer vehicles...
Spirit Airlines shares plunge on report of potential bankruptcy filing
(Reuters) – Spirit Airlines shares slumped 40% before the bell on Friday after the Wall...