Market participants are “overconfident” about their ability to predict the long-term effects of AI on company performance, according to Morningstar’s Mike Coop.
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August 12, 2023August 12, 2023Finance
Stocks making the biggest moves premarket: Six Flags, UBS, IonQ, Archer Aviation and more
These are the stocks posting the largest moves in premarket trading.
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August 11, 2023August 11, 2023Finance
Stocks making the biggest moves premarket: Capri, Tapestry, AppLovin, Disney and more
These are the stocks posting the largest moves in early trading.
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August 11, 2023August 11, 2023Finance
Stocks making the biggest moves midday: AppLovin, Roblox, Tapestry, Alibaba and more
Check out the companies making headlines during midday trading Thursday.
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August 11, 2023August 11, 2023Finance
Disney shares rise on plans to hike streaming service prices. How the pros are playing it
Pros on CNBC discussed Disney after the company’s fiscal third-quarter earnings call laid out plans to hike prices on their streaming platforms.
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August 8, 2023August 8, 2023Finance
Romanian port can ship more Ukraine grain after collapse of Black Sea deal
Reuters exclusively reported that Romania’s Constanta port, Ukraine’s main alternative route for grain since Russia’s withdrawal led to the collapse of the Black Sea shipment deal, has capacity to handle extra cargoes until mid-August. The post Romanian port can ship more Ukraine grain after collapse of Black Sea deal appeared first on Reuters News Agency.
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August 8, 2023August 8, 2023Finance
Thyssenkrupp to win EU nod for $2.3 bln German steel subsidies
Reuters exclusively reported that the European Commission would approve 2 billion euros in state aid for Thyssenkrupp’s plan to build a green steel plant at its headquarters in Duesseldorf. Sources told Reuters two days in advance that a decision in favor of the grant could come as soon as July 20, the day the Commission...
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August 8, 2023August 8, 2023Finance
India aims to trade electricity with Southeast Asia
Reuters exclusively revealed that India is considering trading power with Southeast Asian countries through Myanmar and Thailand as New Delhi looks to use its growing renewables capacity to boost regional diplomatic engagement. The post India aims to trade electricity with Southeast Asia appeared first on Reuters News Agency.
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August 8, 2023August 8, 2023Finance
Black Sea grain deal: Russia refuses to renew and says no guarantees for ships now
Reuters was first to report that Russia was withdrawing from the UN-brokered agreement for a wartime safe shipping channel for Ukraine’s grain exports. The Monday announcement pushed global wheat prices sharply higher. U.S. wheat futures also jumped 8.5% on Wednesday and European grains soared after Reuters reported, ahead of competition, that Moscow would deem all...
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August 8, 2023August 8, 2023Finance
Petrobras eyes steady investments in new five-year business plan, CEO says
Reuters broke the news that Brazil’s state-run oil firm Petrobras plans to keep total investments in its next five-year business plan in line with the last, based on an exclusive interview with CEO Jean Paul Prates. Investor concerns of a spending spree under a new leftist government have been relieved. The post Petrobras eyes steady...