US DOJ Subpoenas Nvidia (NASDAQ: NVDA) Over Possible Antitrust Violations, Bloomberg Reports
The U.S. Department of Justice has sent a subpoena to Nvidia (NASDAQ: NVDA) as it deepens its probe into the […]
Maria Reed is a financial journalist with a passion for covering US equities. She joined the ABBO News team in June 2023. Maria holds an M.S. degree in International Economics and Finance from Otto-von-Guericke University in Magdeburg and is a CFA Level 2 candidate.
The U.S. Department of Justice has sent a subpoena to Nvidia (NASDAQ: NVDA) as it deepens its probe into the […]
Constellation Brands (NYSE: STZ) will write down the value of its wine and spirits business and take up to a […]
Constellation Brands (NYSE: STZ) to Take $2.5 Billion Charge as US Wine Demand Slows Read More »
U.S. stock index futures were lower on Tuesday ahead of a slew of economic data reports due through the week […]
Wall Street Futures Slide Ahead of Busy Week of Economic Reports Read More »
LONDON – The dollar fell more than 2% against other major currencies in August, marking its biggest monthly drop this […]
Policymakers Worldwide Gain Relief Amid Dollar Weakness Read More »
AMSTERDAM – On Monday, Industrial machinery maker VDL, a key supplier to top computer chip equipment maker ASML (NASDAQ: ASML), […]
REA Group, the property listings company majority-owned by News Corp (NASDAQ: NWS), is considering buying Rightmove to create a global […]
Rightmove Shares Soar as News Corp-owned REA Group Weighs Acquisition Read More »
Sanofi’s (NASDAQ: SNY) most advanced multiple sclerosis drug candidate has missed the main goal of two late-stage trials to treat […]
Sanofi’s (NASDAQ: SNY) Mixed Fortunes in MS Drug Trials Has Market Focus on Win Read More »
U.S. bond funds racked up solid inflows in the week to August 28 thanks to a robust purchase in government […]
US Bond Funds See Largest Weekly Inflows Since July Amid Rate Cut Expectations Read More »
THE HAGUE – The Dutch government will take the economic interests of ASML (NASDAQ: ASML) into account when deciding on […]
U.S. stock index futures traded higher on Friday as investors focused on a crucial inflation report that could influence expectations […]
US Stock Futures Up as Investors Eye Inflation Report Ahead of Fed Meeting Read More »
HONG KONG – Concentrated bets on popular Chinese e-commerce giant PDD Holdings (NASDAQ: PDD) may have led to losses in […]
Hedge Funds Potentially Losing Billions From PDD Holdings (NASDAQ: PDD) Stock Crash Read More »
Apple (NASDAQ: AAPL) and chip giant Nvidia (NASDAQ: NVDA) are reportedly in talks to invest in OpenAI as part of […]
Apple (NASDAQ: AAPL) and Nvidia (NASDAQ: NVDA) in Talks to Join OpenAI Funding Round Read More »
Telecom equipment maker Nokia (NYSE: NOK) has been exploring options for its mobile networks business and has drawn interest from […]
A joint venture between Lockheed Martin (NYSE: LMT) and RTX’s Raytheon was awarded a $1.3 billion follow-on contract by the […]
Lockheed-Raytheon JV Wins $1.3 Billion US Army Contract for Javelin Missiles Read More »
DUBLIN – On Thursday, Flutter Entertainment (NYSE: FLUT), the Irish betting giant, said it plans to appeal a $330 million […]
Flutter Entertainment (NYSE: FLUT) to Appeal $330 Million Georgia Trademark Ruling Read More »
Government bond markets, which have enjoyed a summer of solid price gains, now face a reckoning with their bets for […]
Analysis: Bond Markets Brace for Reality Check After Stellar Summer Run Read More »
WASHINGTON – On Wednesday, Republican Senator Rick Scott asked Intel (NASDAQ: INTC) CEO Pat Gelsinger for more details on the […]
US Senator Demands Clarity from Intel CEO on Job Cuts Amid $20 Billion Grants Read More »
Billionaire Warren Buffett’s Berkshire Hathaway (NYSE: BRK-A) has sold some more shares of Bank of America (NYSE: BAC) over the […]
The interest rate for the most popular U.S. home loan slid to its lowest in 16 months, after Federal Reserve […]
US 30-Year Mortgage Rate Hits Lowest Point Since April 2023 Read More »
HONG KONG – Prudential (NYSE: PUK) saw sales in the Singapore market propel its first-half profit increase, but a slowdown […]
SAN FRANCISCO – The sudden resignation of a high-profile Intel (NASDAQ: INTC) board member came after differences with CEO Pat […]
Intel (NASDAQ: INTC) Board Member Resigns Over Disagreements on Chipmaker’s Revival Plan Read More »
WASHINGTON – The U.S. workplace safety agency said it is opening an investigation after two workers were killed and one […]
US Agency To Investigate Delta Air Lines Maintenance Shop Fatalities Read More »
On Tuesday, Eli Lilly (NYSE: LLY) said it has begun selling vials of the lowest starter dose of its popular […]
On Monday, Edgar Bronfman Jr, a media veteran, withdrew from the race for Paramount Global (NASDAQ: PARA), clearing the way […]
Edgar Bronfman Steps Away from Paramount (NASDAQ: PARA) Deal, Skydance to Move Forward Read More »