Market Update: PM Source Link
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(Bloomberg) — Mondelez International Inc., the snacks and sweets company, is exploring an acquisition of iconic US chocolate maker Hershey Co., in a potential deal that would create a food…
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Cryptocurrency News
Comcast stock falls after management warns broadband subscribers will drop by over 100,000 in Q4
by skolnesComcast (CMCSA) shares fell as much as 7.5% Monday after Dave Watson, president and CEO of Comcast Cable, said the company expects broadband subscribers to decline by over 100,000 in…
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Cryptocurrency News
Comcast warns of higher broadband losses on tough competition, hurricane hit
by skolnes(Reuters) -U.S. telecom giant Comcast on Monday forecast fourth-quarter broadband subscriber losses to exceed Wall Street estimates, hurt by tough competition from wireless providers and the impact of two hurricanes…
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(Bloomberg) — Nippon Steel Corp. clarified its spending plans at US mills owned by United States Steel Corp. as part of last-ditch efforts to win over workers and politicians for…
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Nvidia CEO Jensen Huang. – Photo: Annabelle Chih/Bloomberg (Getty Images) Nvidia (NVDA) is under investigation for allegedly violating anti-monopoly laws in China. The country’s State Administration for Market Regulation has…
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Cryptocurrency News
Nvidia Stock Slips as Chinese Regulators Announce Anti-Monopoly Probe
by skolnesCFOTO / Future Publishing / Getty Images Nvidia’s display at a technology conference in Shanghai, China on Sept. 5, 2024 Nvidia shares slipped Monday morning after a Chinese regulator said…
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US stock futures struggled for a foothold on Monday, ahead of a week highlighted by inflation data that will set the stage for the Federal Reserve’s final interest-rate decision of…
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(Reuters) – U.S. stock index futures were subdued on Monday after the S&P 500 and the Nasdaq notched record closing highs in the previous session on upbeat corporate forecasts, while…
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BP is actively seeking buyers for a stake in its US natural gas pipeline system, with potential deals fetching up to $3bn, reported Reuters, citing four people with knowledge of…