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The 2:59 PM Trade
It's Friday afternoon, 2:59 pm. Most traders are clocking out. But legendary Millionaire trader Tim Sykes is about to cash in on a strange weekend "loophole."
He's used this exact method to make $8,780... $9,518... and even $16,159 over the weekend. But today, he wants to show YOU how to do it too.
By Sinead Cruise and Lawrence White LONDON (Reuters) -Barclays is working on plans to save up to 1 billion pounds ($1.25 billion), which could involve cutting as many as 2,000 jobs, mainly in the British bank’s back office, a person with direct knowledge of the proposals told Reuters. Managers at Barclays, led by Chief Executive…
By Yelin Mo and Brenda Goh BEIJING (Reuters) -Apple saw a decline in the number of smartphones sold during China’s recent Singles Day shopping festival, data from Counterpoint Research showed, lagging domestic rivals Huawei and Xiaomi which recorded robust increases. The number of Apple smartphones sold declined 4% year-on-year during the two-week sales from Oct….
By Anna Tong, Jeffrey Dastin and Krystal Hu (Reuters) -Ahead of OpenAI CEO Sam Altman’s four days in exile, several staff researchers wrote a letter to the board of directors warning of a powerful artificial intelligence discovery that they said could threaten humanity, two people familiar with the matter told Reuters. The previously unreported letter…
By Daniel Trotta and Allison Lampert (Reuters) -Millions of Americans crowded into airports or hit the road on Wednesday ahead of Thanksgiving Day, creating the busiest travel day since the pandemic virtually shut down the tradition of visiting friends and family over the long holiday weekend. A sprawling storm that brought downpours and gusting winds…
By Nicole Jao NEW YORK (Reuters) – Oil prices fell nearly 1% in a volatile session on Wednesday as OPEC+ producers unexpectedly delayed a meeting on production cuts, raising questions about global crude supplies. Brent futures settled 49 cents lower to $81.96 a barrel, after falling more than 4% to a low of $78.41 earlier…
By Carolina Mandl, Svea Herbst-Bayliss and David Randall NEW YORK (Reuters) -The recent rally that has lifted U.S. stocks and bonds is more of a year-end rebound than a turning point, according to big money managers, who see fiscal and monetary policies, next year’s presidential election and recession fears as likely to start weighing on…
By Harshita Mary Varghese (Reuters) – Broadcom on Wednesday closed its $69 billion acquisition of cloud-computing firm VMware after receiving regulatory approval in last major market China and ending a months-long saga. The deal, one of the biggest globally when announced in May 2022, was the latest in CEO Hock Tan’s efforts to boost the…
By Guy Faulconbridge and Vladimir Soldatkin MOSCOW (Reuters) -Russian President Vladimir Putin told the leaders of the Group of Twenty (G20) on Wednesday that it was necessary to think about how to stop “the tragedy” of the war in Ukraine, some of his most placatory remarks to date about the conflict. Putin’s decision to send…
By Subhadeep Chakravarty (Reuters) -Barclays said on Wednesday it no longer expects the U.S. Federal Reserve to raise interest rates in January, compared with an earlier forecast of a 25-basis-point hike. Rates will remain unchanged until December next year, the brokerage said. The brokerage expects the U.S. central bank to start trimming rates by 25…
(Reuters) -Retail bellwether Walmart on Tuesday said it would be adding parcel stations to its stores as it looks to cash in on demand for quick deliveries heading into the holiday shopping season. The move comes ahead of the critical Cyber Week shopping period encompassing Thanksgiving, Black Friday on Nov. 24 and Cyber Monday on…
