Factbox-Brokerages lift S&P 500 target on hopes for soft landing, rate cuts
Daily Trader Insights (Reuters) -Brokerages have raised their year-end targets for the U.S. stocks benchmark S&P 500, spurred...
2024
GameStop’s price declines, ‘time decay’ hammer Roaring Kitty’s option position
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The clock is ticking for Keith Gill,...
US small business sentiment up in May, but looming election clouds outlook
(Reuters) – U.S. small-business confidence and hiring plans increased in May to their highest levels...
Biden to promote Justice Department’s crackdown on illegal gun trafficking
By Andrea Shalal WASHINGTON (Reuters) – U.S. President Joe Biden will announce on Tuesday that...
UBS and Credit Suisse’s Swiss units could merge by July 1, executive says
ZURICH (Reuters) – The merger of the Swiss units of UBS and Credit Suisse could...
Nvidia sparks chatter over possible Dow inclusion after stock split
(Reuters) – Nvidia’s 10-for-1 stock split aimed at luring retail investors has taken effect, sparking...
AI is sole focus at Apple’s annual conference
By Aditya Soni and Stephen Nellis (Reuters) – Apple is expected to showcase how it...
Fed’s new economic projections may come with a dose of maybe, maybe not
By Howard Schneider WASHINGTON (Reuters) – Updated economic projections from Federal Reserve officials this week...
US Senate panel expands probe into BMW use of parts from banned Chinese supplier
WASHINGTON (Reuters) – The chair of the Senate Finance Committee on Monday said he was...
Pfizer’s Paxlovid fails as 15-day treatment for long COVID, study finds
By Michael Erman (Reuters) – A 15-day course of Pfizer’s COVID-19 antiviral treatment Paxlovid did...