Today in the News

Bear market beckons as stock volatility continues in 2022

By Lewis Krauskopf NEW YORK (Reuters) - The stock market's brutal year neared a grim milestone as the S&P 500's slide on Friday threatened to leave it in a bear market for the first time since March 2020, fueled by worries over sky high inflation, a hawkish...

WHO to hold emergency meeting on monkeypox on Friday -sources

By Jennifer Rigby LONDON (Reuters) -The World Health Organization is set to hold an emergency meeting to discuss monkeypox on Friday, according to sources close to the U.N. agency. The committee due to meet is the Strategic and Technical Advisory Group on Infectious...

WhatsApp to launch cloud-based tools, premium features for businesses

By Elizabeth Culliford and Katie Paul (Reuters) -WhatsApp is introducing free cloud-based API services in a push to get more businesses using the app, Meta Platforms CEO Mark Zuckerberg announced at the company's messaging event on Thursday. The messaging service,...

The Top 3 Lithium Stocks Every Investor Should Consider

Lithium stocks have been standout winners in a crazed market. In fact, over the last few days, Livent Corp. (LTHM) ran from about $22 to $28.64. All after posting solid earnings, and providing a massive guidance hike. Q1 2022 revenues were up 56% year over year to...

U.S. senators propose FTC investigate beef price fixing

WASHINGTON (Reuters) - U.S. Senators Elizabeth Warren and Mike Rounds on Thursday introduced a bipartisan resolution asking the Federal Trade Commission to investigate beef companies for potential price fixing. It is the latest effort by politicians to hold meat...

Tesla cut from S&P 500 ESG Index, and Elon Musk tweets his fury

By Ross Kerber and Hyunjoo Jin (Reuters) -An S&P Dow Jones Indices executive told Reuters on Wednesday it has removed electric carmaker Tesla Inc from the widely followed S&P 500 ESG Index because of issues including claims of racial discrimination and crashes...

Dollar recovers ground as risk appetite fades

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar rose on Wednesday, on pace to snap a three-session losing streak, as concerns about the outlook for global economic growth and rising inflation knocked sentiment a day after U.S. Federal Reserve Chair Jerome...

Sony readies for metaverse revolution with cross-platform push

By Sam Nussey TOKYO (Reuters) - Japanese conglomerate Sony Group Corp said it is well-positioned to play a leading role in the metaverse, or immersive virtual worlds, which commentators speculate will massively disrupt industries and establish new powerhouses. The...

Piper Sandler Gets Bullish on These 5 Semi Stocks

Analysts are shocked by the pullback in semiconductor stocks. So much so, some are saying the pullback is a buying opportunity. Piper Sandler analyst Harsh Kumar, for example, says, “We are a bit baffled by the steep declines in semiconductor stocks. We are moving to...