(Reuters) – Shares of GameStop tumbled for a second consecutive session on Monday, extending deep losses after stock influencer Keith Gill’s return to YouTube last week failed to spark fresh investor enthusiasm…
Chipmaker Intel to halt $25-billion Israel plant, news website says
JERUSALEM (Reuters) – Intel Corp is halting plans for a $25-billion factory in Israel, Israeli financial news website Calcalist said on Monday, in a report that the chipmaker did not confirm or…
US and British airstrikes hit Yemen, Houthis say
DUBAI (Reuters) – U.S. and British forces carried out six airstrikes on targets in Yemen on Friday, a Houthi-run television station said. Four attacks were made on the airport of Hodeidah –…
Chrysler to recall more than 211,000 vehicles in US due to software malfunction, NHTSA says
(Reuters) – Chrysler is recalling more than 211,000 vehicles in the United States due to a software malfunction that could disable the electronic stability control system, the National Highway Traffic Safety Administration…
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 betting its soaring shares will return to earth. Outstanding short bets against…
CrowdStrike, KKR, GoDaddy to join benchmark S&P 500
(Reuters) – The S&P Dow Jones Indices said on Friday that private equity firm KKR & Co, cybersecurity company CrowdStrike and internet services provider GoDaddy will join the benchmark S&P 500 before…
Norway wealth fund to vote against Musk’s $56 billion Tesla pay package
By Louise Rasmussen and Gwladys Fouche OSLO (Reuters) -Norway’s $1.7 trillion sovereign wealth fund said on Saturday it will vote against ratifying Tesla CEO Elon Musk’s $56 billion pay package, which is…
Nippon Steel executive saw positive reaction from U.S. Steel workers and others
TOKYO (Reuters) – Nippon Steel Vice Chairman Takahiro Mori met with U.S. Steel’s employees and community leaders this week to gain better understanding of its proposed acquisition of the U.S. company and…
Berkshire buys additional 2.57 million shares in Occidental Petroleum, filing shows
(Reuters) – Warren Buffett’s Berkshire Hathaway bought around 2.57 million shares of common stock in Occidental Petroleum over June 5-7, according to a U.S. securities filing. Buffett’s company bought additional shares in…
Waystar shares fall 2% in underwhelming Nasdaq debut
(Reuters) -Shares of Waystar fell 2.3% below their initial public offering price in their Nasdaq Global Select Market debut on Friday, giving the healthcare payments company a valuation of $3.50 billion. The…