Nvidia (NASDAQ:NVDA) is likely to continue delivering earnings beats in the coming quarters, “albeit smaller ones,” Jefferies analysts said in a Thursday note. The investment bank highlights that demand for…
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(Reuters) – Central bank chiefs congregate in Jackson Hole for their annual retreat, U.S. Democrats choose their presidential candidate and energy markets ricochet due to a confluence of Middle East…
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By Gaurav Dogra and Brigid Riley (Reuters) – Japanese investment data on Friday confirmed what the sliding yen had been pointing to all week, that after a scary burst of…
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By Joe Cash BEIJING (Reuters) – The jobless rate for 16- to 24-year olds in China, excluding students, rose to 17.1% in July from 13.2% in the prior month, the…
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By Naomi Rovnick and Rae Wee LONDON SINGAPORE (Reuters) -Global stocks headed for their best week since November 2023 after encouraging U.S. economic data soothed fears of an imminent recession,…
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Powell unlikely to signal a 50bp rate cut at Jackson Hole next week: Piper Sandler
Federal Reserve Chair Jerome Powell is unlikely to signal a 50 basis point (bp) rate cut at the upcoming Jackson Hole symposium next week, Piper Sandler strategists said in a…
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SHANGHAI (Reuters) – A long, frenzied bond rally in China has stalled, with prices down and turnover tumbling as investors step back after intensifying intervention by Beijing to stop yields…
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Tesla (NASDAQ:TSLA) has been losing market share across all regions and segments within both electric vehicle (EV) and xEV categories, according to Bernstein analysts. Analysts note that Tesla’s share of…
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HONG KONG (Reuters) -German automaker BMW (ETR:BMWG) and its joint venture will recall a combined 1.36 million locally produced and imported cars in China due to potential risks with the…
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By David Milliken LONDON (Reuters) -British retail sales edged up in July, boosted in part by extra spending due to the men’s Euros soccer championship, official figures showed on Friday,…