Broadcom shares slump as revenue target disappoints investors hoping for big AI boost
(Reuters) – Broadcom’s shares slid about 9% in premarket trading on Friday, after the chipmaker’s revenue forecast spooked investors betting…
Well-timed GameStop options trade scores $550K profit after Roaring Kitty post
By Saqib Iqbal Ahmed NEW YORK (Reuters) – A well-timed trade in GameStop’s options reaped a handsome profit on Friday…
Economic worries back on Wall Street’s radar after jobs data
By Lewis Krauskopf and David Randall NEW YORK (Reuters) – Uncertainty over the U.S. economy’s health is rippling through markets,…
Intel rises as report of chipmaker exploring options stokes investor enthusiasm
(Reuters) – Intel’s shares rose more than 3% before the bell on Friday, as a report of the struggling chipmaker…
Lockheed-Raytheon JV secures $1.3 billion Javelin missile contract from U.S. Army
(Reuters) – A joint venture between Lockheed Martin and RTX’s Raytheon was awarded a $1.3 billion follow-on contract by the…
US crypto executives to throw Washington fundraiser for Harris
By Hannah Lang (Reuters) – Cryptocurrency investors and industry executives calling on Vice President Kamala Harris to pursue a softer…
FDA authorizes Novavax’s updated COVID vaccine targeting JN.1 strain
(Reuters) -The U.S. Food and Drug Administration on Friday granted emergency use authorization for an updated version of Novavax’s COVID…
Trump, Harris agree to mute mics for Sept. 10 US presidential debate, Trump says
WASHINGTON (Reuters) – Republican presidential candidate Donald Trump said on Tuesday an agreement has been reached to have closed microphones…
Meta to shut augmented reality studio used by third-party creators
(Reuters) – Meta Platforms will shut down the augmented reality studio that third-party creators used for making custom Instagram and…
Nvidia results could spur record $300 billion swing in shares, options show
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Traders in the U.S. equity options market are expecting Nvidia’s upcoming earnings…