Stifel expects S&P 500 to peak in early 2025 before falling
(Reuters) – Stifel expects the S&P 500 index to peak in the first half of 2025, then fall 10% to…
Business
Nvidia steps up hiring in China to focus on AI-driven cars, Bloomberg News reports
(Reuters) -Nvidia has added about 200 people in China this year to enhance its research capabilities and focus on new…
Apple to bring satellite communications to smartwatch next year, Bloomberg News reports
(Reuters) – Apple plans to bring satellite connections to its smartwatch in 2025 and is ramping up work on a…
GameStop reports fall in third-quarter revenue as consumers curb spending
(Refiles to remove extraneous words in paragraph 2) (Reuters) – Videogame retailer GameStop reported a fall in third-quarter revenue on…
Google parent Alphabet jumps on quantum chip breakthrough
(Reuters) – Shares of Google parent Alphabet rose about 5% on Tuesday after it unveiled a new generation chip that…
Google asks US appeals court to reject app store monopoly verdict
By Mike Scarcella (Reuters) -Alphabet’s Google asked a U.S. appeals court on Wednesday to throw out a jury verdict and…
Microsoft faces wide-ranging US antitrust probe
(Reuters) – The U.S. Federal Trade Commission has opened a broad antitrust investigation into Microsoft, including of its software licensing…
Bitcoin options trade shows more bets on retreat after failing to breach $100,000
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Investors in the world’s largest cryptocurrency are anticipating a significant downward move after…
Analysis-GM and other US automakers would take big hit from Trump tariffs
By Cassandra Garrison, David Shepardson and Ben Klayman MEXICO CITY/DETROIT (Reuters) – U.S. President-elect Donald Trump’s plan to slap a…
Netflix defeats shareholder lawsuit over growth forecasts
By Jonathan Stempel (Reuters) – Netflix won the dismissal on Tuesday of a shareholder lawsuit accusing the streaming company of…