(Reuters) -Online marketplace Etsy on Monday said it will transfer its common stock listing to the New York Stock Exchange, with trading set to begin on October 13. The company said it expects to cease listing on Nasdaq on October 10. Shares of Etsy, which has a market capitalization of about $6.36 billion, have risen …
WASHINGTON (Reuters) -The Pentagon said on Monday that it has awarded a $5.04 billion U.S. Army contract to Raytheon for its Coyote missile system. (Reporting by Jasper Ward)
By Prakhar Srivastava and Lananh Nguyen (Reuters) -Jefferies beat third-quarter profit estimates on Monday, as a rebound in dealmaking pushed advisory fees to a record, giving investors an early read on how Wall Street’s investment-banking business may perform this earnings season. Despite a short pause in April as tariff concerns briefly clouded sentiment, optimism around …
By Ateev Bhandari (Reuters) -Bridgewater Associates, the hedge fund founded by billionaire Ray Dalio, has selected five finalists from four continents for a talent program that offers $25,000 awards and a potential job, the hedge fund said in a video seen by Reuters. The “Forecasting the Future” program, run with advocacy group Global Citizen, asked …
Hedge fund Bridgewater picks contest winners from five countries for hiring program Read More »
By Amanda Cooper and Koh Gui Qing NEW YORK/LONDON (Reuters) -Global stocks rose on Monday while the dollar retreated as investors prepared for a possible shutdown of the U.S. government, which could delay publication of the September payrolls report and a raft of other key data due this week. Gold roared to a record high, …
Stocks rise, dollar dips, gold surges as possible US government shutdown looms Read More »
(Reuters) -OpenAI is planning to release a new version of its Sora generator that creates videos featuring copyrighted material, unless rights holders opt out of having their work appear, the Wall Street Journal reported on Monday, citing people familiar with the matter. The artificial intelligence startup began notifying talent agencies and studios over the past …
OpenAI’s new Sora video generator to require copyright holders to opt out, WSJ reports Read More »
(Reuters) -CenterPoint Energy on Monday announced it was planning $65 billion in capital spending from 2026 through 2035, as U.S. utilities rush to capitalize on surging power demand. Data centers dedicated to artificial intelligence and cryptocurrency, as well as the electrification of industries such as transportation, are driving up U.S. power consumption. CenterPoint also raised …
CenterPoint unveils $65 billion capital spending plan over next 10 years Read More »
(Reuters) -OpenAI is rolling out parental controls for ChatGPT on the web and mobile on Monday, following a lawsuit by the parents of a teen who died by suicide after the artificial intelligence startup’s chatbot allegedly coached him on methods of self-harm. The controls let parents and teenagers opt in for stronger safeguards by linking …
OpenAI launches parental controls in ChatGPT after California teen’s suicide Read More »
By Sinéad Carew and Niket Nishant (Reuters) -Wall Street indexes closed up on Monday with the Nasdaq leading gains as investors bought heavyweight technology stocks and shrugged off the uncertainty of a potential U.S. government shutdown and hawkish remarks from Federal Reserve officials. Technology provided the benchmark S&P’s biggest boost as investors bet on growth from …
Wall Street indexes climb as investors brush off government shutdown uncertainties Read More »
By Douglas Gillison and Manya Saini (Reuters) -Paul Atkins, chair of the U.S. markets watchdog, said on Monday the regulator is fast-tracking President Donald Trump’s push to scrap quarterly earnings reports, raising transparency concerns around the potentially major shift for U.S. companies. Trump’s desired change to the reporting standard would require listed companies to publish …
US SEC chair fast-tracks Trump push to end quarterly earnings reports Read More »
