NEW YORK (Reuters) – Short sellers in U.S. shares related to the semiconductor industry are down $18.31 billion in mark-to-market…
Category: Business
Nvidia runaway winner in market cap addition in May
(Reuters) – Nvidia Corp’s market capitalisation jumped the most in May among the top 20 global companies by market value,…
US debt ceiling bill passes House with broad bipartisan support
By David Morgan, Richard Cowan and Moira Warburton WASHINGTON (Reuters) – A divided U.S. House of Representatives passed a bill…
Salesforce posts slowest quarterly revenue growth since 2010
By Tiyashi Datta (Reuters) -Salesforce Inc posted an 11% rise in quarterly revenue, its slowest pace of growth in 13…
Ford CEO says EV cost parity may not come until after 2030
By Shivansh Tiwary and Paul Lienert (Reuters) – The cost to make electric vehicles may not drop to the level…
Texas battery rush: Oil state’s power woes fuel energy storage boom
By Nichola Groom and Laila Kearney (Reuters) -BlackRock, Korea’s SK, Switzerland’s UBS and other companies are chasing an investment boom…
JPMorgan’s Dimon says US, China need ‘real engagement’
HONG KONG (Reuters) – JPMorgan Chase & Co CEO Jamie Dimon on Wednesday warned “uncertainty” caused by the Chinese government…
Nvidia briefly joins $1 trillion valuation club
By Akash Sriram and Samrhitha A (Reuters) – Nvidia Corp briefly joined an elite club of U.S. companies sporting a…
U.S. holiday air passenger travel tops 2019 pre-COVID levels
By David Shepardson WASHINGTON (Reuters) -U.S. holiday air passenger travel topped 2019 pre-COVID levels over the Memorial Day weekend, which…
Explainer-How could a US debt ceiling default hit regular Americans?
By Jason Lange WASHINGTON (Reuters) – What could happen on Main Street if Washington’s political showdown over the debt ceiling…