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Nvidia denies rumours it will cut supplies to China

BEIJING (Reuters) – Nvidia (NASDAQ:NVDA) said recent social media posts alleging the company would cut supplies to China were false, according to…
Stock

Fuel theft, violence siphoning $215 million from Ecuador oil industry

By Alexandra Valencia ESMERALDAS/SANTO DOMINGO, Ecuador (Reuters) – Organized crime groups in Ecuador are increasingly stealing fuel from state-run oil company Petroecuador…
Stock

BlackRock’s private markets push may not be over after 2024 buyout spree

By David French, Andres Gonzalez and Davide Barbuscia NEW YORK (Reuters) – A dealmaking splurge by BlackRock (NYSE:BLK) in 2024 may continue…
Stock

Exclusive-Trump tariff plan puts $3 billion in Diageo, Becle tequila imports at risk

By Emma Rumney LONDON (Reuters) – Some $3 billion in tequila and mezcal imports from top makers of the popular spirits, Diageo…
Stock

Lowe’s outlines growth strategy, reaffirms 2024 guidance

MOORESVILLE, N.C. – Lowe’s Companies, Inc. (NYSE: NYSE:LOW) today shared its strategic initiatives and financial objectives during its 2024 Analyst and Investor…
Stock

Cemex stock downgraded amid US-Mexico trade risks

Investing.com — RBC Capital Markets has downgraded Cemex SAB de CV (NYSE:CX) to “underperform,” citing heightened risks tied to the company’s heavy…
Stock

Futures steady in lead-up to crucial inflation reading

(Reuters) – U.S. stock index futures were range-bound on Wednesday as investors stayed on the sidelines ahead of a pivotal inflation reading…
Stock

US-listed Chinese stocks retreat after rally

US-listed Chinese stocks experienced a downturn in premarket trading as investors opted to secure profits following a significant rally. The catalyst for…
Stock

Micron secures $6.1 billion US chip subsidy

The U.S. Department of Commerce has confirmed a substantial subsidy exceeding $6.1 billion for Micron Technology (NASDAQ:MU), a leading memory chip manufacturer….
Stock

ServiceTitan seeks $5.95 billion valuation in its U.S. IPO

(Reuters) – Software (ETR:SOWGn) startup ServiceTitan is seeking a valuation of $5.95 billion in its U.S. initial public offering by raising the…
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