Category: roil
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Did a flawed Goldman Sachs report roil the market on Friday?
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On Friday, shares of Nvidia fell 4%, dragging the Nasdaq to a three-week low. One of the triggers for the sell-off was a Goldman Sachs memo from Peter Oppenheimer claiming that traffic to ChatGPT was in steep decline. Goldman posted this chart, which later went viral (including in the Financial…
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Massive blackouts roil Cuba By Reuters
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By Nelson Acosta and Alian Fernandez CARDENAS, Cuba (Reuters) – Power outages totaling 14 hours or more a day were reported on Thursday across much of crisis-torn Cuba, leaving millions of people unprotected in the summer heat and humidity. The state-owned electricity company said the faults put six stations out…
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Traders Are Bracing for a Record-Smashing Summer That Will Roil Commodities
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Breadcrumb links BMN Business Rising food and energy prices are frustrating the Federal Reserve’s efforts to combat inflation. Article writer: Bloomberg News Bloomberg News Published May 30, 2024 • 7 minutes read You can save this article by registering for free here. Or log in if you have an account.…