Citigroup profit beats estimates as stock trading jumps 23%
By Tatiana Bautzer and Arasu Kannagi Basil NEW YORK (Reuters) – Citigroup beat Wall Street estimates for first-quarter profit on…
Barclays downgrades US auto sector due to Trump’s tariff policy
(Reuters) – Barclays on Tuesday downgraded U.S. autos and mobility sector to “negative” from “neutral”, warning that President Donald Trump’s…
Lucid says it is on track to enter midsize electric SUV market next year
By Abhirup Roy and Akash Sriram (Reuters) – Lucid is on track to launch its midsize electric SUV in 2026,…
Market warning lights flash amber after Trump tariff shock
By Amanda Cooper and Dhara Ranasinghe LONDON (Reuters) -Global markets have been sucked into a down-draft after U.S. President Donald…
Meta nears release of new AI model Llama 4 this month, the Information reports
(Reuters) – Meta Platforms plans to release the latest version of its large language model later this month, after delaying…
Trump says he will extend TikTok deadline for 75 days
WASHINGTON (Reuters) – U.S. President Donald Trump on Friday extended the deadline for the sale of ByteDance’s U.S. assets of…
US oil service firms set for hit from Trump tariffs, tumbling oil prices
By Georgina McCartney HOUSTON (Reuters) – U.S. oilfield service firms are bracing for a hit as President Donald Trump’s tariffs…
Goldman Sachs raises end-2025 gold price forecast to $3,300 per ounce
(Reuters) – Goldman Sachs on Wednesday raised its end-2025 gold price forecast to $3,300 per ounce from $3,100, citing stronger-than-expected…
Hedge funds short Nvidia, Tesla and AMD, Morgan Stanley says
By Carolina Mandl NEW YORK (Reuters) -Hedge funds are increasingly betting against stocks, with Nvidia, Advanced Micro Devices and Tesla…
Lululemon sees weak annual sales, profit as newer styles fail to draw in shoppers
By Neil J Kanatt, Anuja Bharat Mistry (Reuters) -Lululemon Athletica forecast annual revenue and profit below estimates on Thursday as…