Business

Hedge funds hit by AI sell-off, Goldman Sachs says

Thursday, February 5 by SRN News

By Nell Mackenzie LONDON, Feb 5 (Reuters) - Big hedge funds that trade in stocks had their worst day in almost a year on Wednesday as crowded trades lost value in the tech-driven selloff, Goldman Sachs said in a note to clients released after the... Read More.

Barrick to press ahead with IPO of North American gold assets, names Hill CEO

Thursday, February 5 by SRN News

By Tanay Dhumal and Divya Rajagopal Feb 5 (Reuters) - Barrick Mining said on Thursday it would move forward with preparations for an initial public offering of its North American gold assets and named interim head Mark Hill as its chief executive and president. U.S.-listed shares... Read More.

NYSE-parent ICE’s profit rises on stronger trading volumes

Thursday, February 5 by SRN News

Feb 5 (Reuters) - Intercontinental Exchange posted a rise in fourth-quarter profit on Thursday, as the New York Stock Exchange parent benefited from stronger trading volumes in a volatile market. The company reported a net income of $862 million, or $1.49 per share, compared with... Read More.

Cardinal Health boosts annual profit forecast banking on surging demand for specialty drugs

Thursday, February 5 by SRN News

Feb 5 (Reuters) - Cardinal Health on Thursday raised its expectations for annual profit after surpassing Wall Street estimates for quarterly results, as it bets on robust demand for specialty medicines and strong performance across its segments. Shares of the Dublin, Ohio-based company rose more... Read More.

Ralph Lauren posts third-quarter sales beat

Thursday, February 5 by SRN News

Feb 5 (Reuters) - Ralph Lauren posted third-quarter sales that topped Wall Street estimates on Thursday, buoyed by a strong holiday season and resilient demand for its polo shirts and leather handbags among affluent shoppers. The luxury retailer reported a 12% jump in quarterly revenue... Read More.

Blue Owl beats profit estimates, AUM crosses $300 billion milestone

Thursday, February 5 by SRN News

Feb 5 (Reuters) - Blue Owl beat Wall Street estimates for fourth-quarter profit on Thursday and posted a 22% surge in assets under management that crossed the $300 billion milestone, sending its shares up 2% in premarket trading. The strong performance, driven by strength in... Read More.

Europe’s central bank maintains interest rate with economic growth resilient

Thursday, February 5 by SRN News

FRANKFURT, Germany (AP) - The European Central Bank left interest rates unchanged Thursday as the economy in the 21 countries that use the euro chugs past the disruption from U.S. President Donald Trump's tariffs with growth modest, yet resilient. The bank left its benchmark deposit... Read More.

Justice Department steps up pressure on cartels’ financial networks as launderers turn to crypto

Thursday, February 5 by SRN News

WASHINGTON (AP) - The Justice Department is taking direct aim at the financial lifelines of Mexico's most violent drug cartels, targeting money brokers who prosecutors say have adapted to intensified enforcement by increasingly routing drug profits through cryptocurrency from American cities to cartel leaders... Read More.

Crypto market volatility triggers $2.5 billion in bitcoin liquidations

Monday, February 2 by SRN News

By Hannah Lang Feb 2 (Reuters) - Bitcoin investors liquidated $2.56 billion in recent days, according to data provider CoinGlass, as cryptocurrencies slumped following a sell-off in other risk assets, including equities and precious metals. The wipeouts in both short and long bitcoin positions are far... Read More.

Boeing, GE analyzing potential durability issue on 777X engines

Monday, February 2 by SRN News

Feb 2 (Reuters) - GE Aerospace said on Monday it is analyzing a potential durability issue with the GE9X engine that powers Boeing's 777X. Company officials cautioned that it was too early to draw conclusions about how significant the issue is. The issue stems from... Read More.

First Previous 664 665 666 667668669 670 671 672 Next Last

Current Weather

Hedge funds hit by AI sell-off, Goldman Sachs says

Barrick to press ahead with IPO of North American gold assets, names Hill CEO

NYSE-parent ICE’s profit rises on stronger trading volumes

Cardinal Health boosts annual profit forecast banking on surging demand for specialty drugs

Ralph Lauren posts third-quarter sales beat

Blue Owl beats profit estimates, AUM crosses $300 billion milestone

Europe’s central bank maintains interest rate with economic growth resilient

Justice Department steps up pressure on cartels’ financial networks as launderers turn to crypto

Crypto market volatility triggers $2.5 billion in bitcoin liquidations

Boeing, GE analyzing potential durability issue on 777X engines

On Air Now

Dana Loesch

On Air Next

Joe Pags

Political News

Trump pardons 11, most for violating Clean Air Act

Supreme Court’s Barrett fuels conservative wins while sometimes splitting with Trump

Trump got the Senate candidates he wanted. How much will he spend to help them?

Democratic governors press US Postal Service to drop plan tied to Trump’s election order

Watchdog faults Secret Service for missing 102 radio calls during 2024 Trump shooting