Short bets against Nvidia stand at $34 billion, S3 Partners says
(Reuters) – As Nvidia threatens to dethrone Microsoft as the world’s most valuable company, at least a few investors are…
Exclusive-IPOs of Walmart’s Flipkart, PhonePe could take couple of years, Walmart exec says
By Siddharth Cavale BENTONVILLE, Arkansas (Reuters) – Initial public offerings of Walmart’s Flipkart marketplace and PhonePe digital payments platform could…
Over half of Aramco share sale allocated to foreign investors – sources
By Maha El Dahan DUBAI (Reuters) – Saudi Arabia placed over half of an $11.2 billion share sale in Aramco…
Virgin Galactic spaceplane takes tourists on flight
(Reuters) – Virgin Galactic flew four tourists to the edge of space and back aboard its spaceplane, marking the second…
Walgreens shelves plans for Boots IPO, Bloomberg News reports
(Reuters) – Walgreens Boots Alliance has shelved plans for a potential initial public offering of its UK-based Boots drugstore chain…
Pfizer’s Paxlovid fails as 15-day treatment for long COVID, study finds
By Michael Erman (Reuters) – A 15-day course of Pfizer’s COVID-19 antiviral treatment Paxlovid did not relieve symptoms of long…
Tesla likely to spend $3 billion-$4 billion on Nvidia hardware this year
(Reuters) -Tesla will likely spend between $3 billion and $4 billion on its purchases of chip company Nvidia’s hardware this…
TikTok says cyberattack targeted brands and celebrity accounts, including CNN
(Reuters) – Short video app TikTok has taken measures to stop a cyberattack targeting several brand and celebrity accounts, including…
Crypto industry’s lobbying drive will pay off in US elections, Ripple president says
By Elizabeth Howcroft and Hannah Lang AMSTERDAM/NEW YORK (Reuters) – The president of U.S. crypto firm Ripple is “optimistic” that…
JetBlue forecasts improved second-quarter revenue on healthy travel demand
(Reuters) – JetBlue Airways on Monday forecast a smaller drop in second-quarter revenue than it had previously forecast due to…