financial markets

Image for Palantir raises 2024 revenue forecast again on robust AI adoption; shares surge
Technology

Palantir raises 2024 revenue forecast again on robust AI adoption; shares surge

By Arsheeya Bajwa (Reuters) -Palantir Technologies on Monday raised its annual revenue forecast for...

5th November, 2024

Image for Hedge funds stung by European stock markets in October, Goldman Sachs says
Investing

Hedge funds stung by European stock markets in October, Goldman Sachs says

By Nell Mackenzie LONDON (Reuters) – Hedge funds focused on European stock markets suffered their la...

4th November, 2024

Image for FTSE 100 rises on energy boost; US election in focus
Banking

FTSE 100 rises on energy boost; US election in focus

By Pranav Kashyap and Nikhil Sharma (Reuters) -The UK’s benchmark FTSE 100 rose marginally on Monday...

4th November, 2024

Image for China EV price deal needs be as effective as tariffs, says EU official
Business

China EV price deal needs be as effective as tariffs, says EU official

BRUSSELS (Reuters) – Any agreement reached with Chinese producers on minimum prices for electric veh...

4th November, 2024

Image for Sterling extends bounce off recent lows as U.S. election in focus
Trading

Sterling extends bounce off recent lows as U.S. election in focus

By Medha Singh (Reuters) – The British pound bounced against a tepid dollar on Monday ahead of high-...

4th November, 2024

Image for Dollar slips, stocks edge up before tight US election
Trading

Dollar slips, stocks edge up before tight US election

By Koh Gui Qing and Tom Wilson NEW YORK/LONDON (Reuters) -The dollar fell while stocks eked out slim...

4th November, 2024

Image for Oil rises nearly 2% after OPEC+ delays output hike, US election in focus
Finance

Oil rises nearly 2% after OPEC+ delays output hike, US election in focus

By Arathy Somasekhar (Reuters) – Oil prices climbed nearly 2% on Monday on OPEC+’s decision to delay...

4th November, 2024

Image for Dollar drops to two-week low as investors take profit on ‘Trump trades’
Trading

Dollar drops to two-week low as investors take profit on ‘Trump trades’

By Medha Singh and Wayne Cole (Reuters) -The dollar dipped on Monday as investors braced for wide-ra...

4th November, 2024

Image for Market value of Nvidia and TSMC surges in October on strong AI chip demand
Technology

Market value of Nvidia and TSMC surges in October on strong AI chip demand

(Reuters) – Nvidia led a surge in market value among global firms in October, buoyed by unrelenting...

4th November, 2024

Image for Global equity funds see first weekly outflow in five weeks on caution ahead of US elections
Investing

Global equity funds see first weekly outflow in five weeks on caution ahead of US elections

(Reuters) – Investors withdrew money from global equity funds in the week ended Oct. 30, amid cautio...

4th November, 2024

Image for Italy’s manufacturing downturn deepens in October, PMI shows
Finance

Italy’s manufacturing downturn deepens in October, PMI shows

ROME (Reuters) – Italian manufacturing activity contracted for a seventh month running in October an...

4th November, 2024

Image for European shares open flat as tech losses offset mining, energy gains
Trading

European shares open flat as tech losses offset mining, energy gains

(Reuters) – European shares were flat at the open on Monday as losses in tech stocks offset gains in...

4th November, 2024