Market updates

Three Arab Israelis, two Egyptians injured after fight in Egypt's Taba, sources say
August 31, 2024 03:22 AM AEST| By EODHDThree Arab Israeli tourists and two Egyptian hotel workers were injured after a fight broke out in the Egyptian town of Taba on the border with Israel on Friday, Egyptian security sources said.

US oil demand in June was lowest seasonally since 2020, EIA says
August 31, 2024 03:17 AM AEST| By EODHDU.S. oil consumption slowed in June to the lowest seasonal levels since the coronavirus pandemic of 2020, data from the U.S. Energy Information Administration showed on Friday.

Nvidia’s AI Stock Boom Has Got to End. Big Tech Could Kill It.
August 31, 2024 03:17 AM AEST| By EODHDFour companies account for more than 40% of the chip maker’s sales. Investors should watch spending at those firms. Continue reading View comments

Marvell Technology Seeing Strong AI Chip Demand
August 31, 2024 03:10 AM AEST| By EODHDMarvell Technology posted better-than-expected Q2 sales thanks to custom chips for AI applications. MRVL stock rose Friday. Continue reading View comments

Ukraine's power grid operator head to be dismissed, media reports
August 31, 2024 03:10 AM AEST| By EODHDThe head of Ukraine's power grid operator Ukrenergo, Vadym Kudrytskyi, is to be dismissed, Forbes Ukraine reported on Friday, citing four sources familiar with the matter.

Canada rail union launches court challenges to back-to-work order
August 31, 2024 03:10 AM AEST| By EODHDThe union representing workers at Canada's two main rail companies said on Friday it had filed court challenges against rulings by the country's industrial labor board that forced them back to work.

US Equity Indexes Decline, Treasury Yields Rise as Investors Assess July's Inflation Print
August 31, 2024 03:03 AM AEST| By EODHDUS Equity Indexes Decline, Treasury Yields Rise as Investors Assess July's Inflation Print

Why a cooling of the Nvidia party might be no bad thing for US stocks
August 31, 2024 03:00 AM AEST| By EODHDIf you were wondering whether markets were still in summertime silly season, allow me to settle the matter for you: they definitely are

Trump warns Mark Zuckerberg could ‘spend the rest of his life in prison’
August 31, 2024 02:53 AM AEST| By EODHDFormer President Donald Trump escalated his longstanding feud with Mark Zuckerberg by threatening the Meta CEO with prison time. Trump accused Zuckerberg of “plotting” against him during the 2020 elec...

Canada's Woods climbs to win Vuelta stage 13
August 31, 2024 02:44 AM AEST| By EODHDCanadian cyclist Michael Woods clinched victory on the 13th stage of the Vuelta a Espana on Friday with a decisive late breakaway in the difficult mountains of northwestern Spain.

Transfer deadline day deals
August 31, 2024 02:42 AM AEST| By EODHDLatest news and highlights from top soccer leagues on transfer deadline day on Friday (times GMT, transfer fees either disclosed or as reported by media):

Maresca tight-lipped on Chelsea's transfer news ahead of Palace game
August 31, 2024 02:35 AM AEST| By EODHDChelsea manager Enzo Maresca gave little away regarding the club's intentions before the transfer window closes, and is still unsure what his final squad will look like, the Italian said on Friday.

MSCI to Participate in the Barclays Global Financial Services Conference; Publishes Investor Presentation
August 31, 2024 02:34 AM AEST| By EODHDNEW YORK, August 30, 2024--(BUSINESS WIRE)--MSCI Inc. ("MSCI" or the "Company") (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, an...

US Equity Indexes Mixed as Investors Assess July's Inflation Print
August 31, 2024 02:31 AM AEST| By EODHDUS Equity Indexes Mixed as Investors Assess July's Inflation Print

Giuliani sued over luxury condo by Georgia election workers who won $148 million judgment
August 31, 2024 02:24 AM AEST| By EODHDThe two former Georgia election workers who won a $148 million judgment against Rudolph Giuliani filed a civil lawsuit against the onetime personal lawyer to Donald Trump, accusing him of trying to pu...

On The Money: Should you freeze your credit? Plus, hybrid work tips
August 31, 2024 02:21 AM AEST| By EODHDThis was originally published in the Reuters On the Money newsletter, where I share U.S. personal finance tips and insights every other week.

Russia hits high-rise in Ukraine's Kharkiv, kills six and injures 55
August 31, 2024 02:18 AM AEST| By EODHDA Russian guided bomb attack on Ukraine's northeastern city of Kharkiv hit a residential building and a playground, killing six people and injuring at least 55 more, local authorities said.

Broadcom Poised for Upside to Quarterly Results Led by AI, VMware, Oppenheimer Says
August 31, 2024 02:16 AM AEST| By EODHDBroadcom Poised for Upside to Quarterly Results Led by AI, VMware, Oppenheimer Says

Oasis reunion drives surge in eDreams travel searches
August 31, 2024 02:15 AM AEST| By EODHDNews of British rock band Oasis' long-awaited reunion tour next summer has led to a surge in searches for travel to Britain and Ireland, Spanish online travel booking company eDreams said on Friday.

Gold drops as dollar, yields firm after US inflation report
August 31, 2024 02:14 AM AEST| By EODHDGold softened on Friday as the dollar and Treasury yields firmed after U.S. inflation data matched expectations, but the bullion is set for a monthly gain as a September interest rate cut by the Feder...