Faster US settlement hit harder than expected, says Citi survey
Hidden Values Daily By Laura Matthews NEW YORK (Reuters) – A shift to shorter settlement for U.S. securities...
September 2024
Biden preparing to block Nippon’s US Steel takeover, source says
By Jeff Mason WASHINGTON (Reuters) -U.S. President Joe Biden is preparing to block Nippon Steel’s...
Trump campaign says it raised $130 million in August
WASHINGTON (Reuters) – Republican U.S. presidential candidate Donald Trump’s campaign raised $130 million in August,...
OpenAI co-founder Sutskever’s new safety-focused AI startup SSI raises $1 billion
By Kenrick Cai, Krystal Hu, Anna Tong SAN FRANCISCO/NEW YORK -Safe Superintelligence (SSI), newly co-founded...
Citi hires Achintya Mangla to head investment banking financing
NEW YORK (Reuters) – Citigroup has hired Achintya Mangla as head of financing for investment...
AI likely to weigh on oil prices over the next decade, Goldman says
(Reuters) – Artificial intelligence could hurt oil prices over the next decade by boosting supply...
Nvidia and chip index tumble as investors pause AI rally
By Noel Randewich (Reuters) – Shares of AI heavyweight Nvidia tumbled on Tuesday, with Wall...
US gasoline slumps to near 3-year low on end of driving season, oil slump
By Shariq Khan NEW YORK (Reuters) – U.S. gasoline futures fell nearly 6% on Tuesday...
Tesla’s China-made EV sales rise 3% y/y in Aug
BEIJING (Reuters) – Sales of U.S. automaker Tesla’s China-made electric vehicles grew 3% in August...
Tech market values fall on AI costs and recession fears; Eli Lilly, Berkshire gain
(Reuters) – Market values of major tech firms declined in August amid concerns over escalating...