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Hurricane exposes Texan bigger-not-better ethos

RPT-BREAKINGVIEWS-Hurricane exposes Texan bigger-not-better ethos The authors are Reuters Breakingviews columnists. The opinions expressed are their own. By Lauren Silva Laughlin and Robert Cyran NEW YORK, July 11 (Reuters Breakingviews) - Roughly 1 million people in Texas’s second-largest city are without power after Hurricane Beryl landed nearby.
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Hurricane exposes Texan bigger-not-better ethos

BREAKINGVIEWS-Hurricane exposes Texan bigger-not-better ethos The authors are Reuters Breakingviews columnists. The opinions expressed are their own. By Lauren Silva Laughlin and Robert Cyran NEW YORK, July 11 (Reuters Breakingviews) - Roughly 1 million people in Texas’s second-largest city are without power after Hurricane Beryl landed nearby. Utility CenterPoint Energy CNP.N has said electricity won’t be completely restored to Houston for days.
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Global PC shipments rise in second quarter, Apple sees biggest jump, IDC says

Global PC shipments rise in second quarter, Apple sees biggest jump, IDC says July 9 (Reuters) - Global shipments of personal computers rose by 3% in the second quarter, helped by demand for AI-capable devices, with Apple AAPL.O seeing the biggest growth among PC makers, preliminary data from research firm IDC showed on Tuesday. PC shipments reached 64.9 million units in the three months ended June, marking a second straight quarter of growth after two years of decline, the report said.
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AI and Windows 11 drive sustained recovery in global PC market

LIVE MARKETS-AI and Windows 11 drive sustained recovery in global PC market Man indexes mixed; S&P 500, Nasdaq modestly higher, Dow dips Comm Svcs leads S&P 500 sector gainers; Materials weakest group Euro STOXX 600 index down ~1.0% Dollar gains; crude turns red; bitcoin up >1%; gold slips U.S. 10-Year Treasury yield rises to ~4.33% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Public policy favors $7 billion fee award in Musk pay case, Tesla shareholder's lawyer says

UPDATE 2-Public policy favors $7 billion fee award in Musk pay case, Tesla shareholder's lawyer says Updates paragraphs 1, 4-5, 8-13 with arguments from Tesla and a shareholder's legal team By Tom Hals WILMINGTON, Delaware, July 8 (Reuters) - A record $7 billion in attorneys' fees for three firms that successfully challenged Elon Musk's $56 billion Tesla pay package provides an incentive for lawyers to hold corporate boards accountable, an attorney for a company shareholder told a Delaware judge
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Tesla investors to urge judge to reject record $7 bln legal fee in Musk pay case

Tesla investors to urge judge to reject record $7 bln legal fee in Musk pay case By Tom Hals WILMINGTON, Delaware, July 8 (Reuters) - Tesla shareholders will appear in court on Monday to argue that an unprecedented request for more than $7 billion in attorneys' fees to be paid by the company is "outlandish," the latest twist in a legal showdown over Musk's $56 billion pay package.
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U.S. Ardelyx, Eli Lilly, Tesla

U.S. RESEARCH ROUNDUP-Ardelyx, Eli Lilly, Tesla July 3 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Ardelyx, Eli Lilly and Tesla, on Wednesday. HIGHLIGHTS * Ardelyx Inc ARDX.O : Piper Sandler cuts to neutral from overweight * Eli Lilly LLY.N : Jefferies raises target price to $1,041 from $1,015 * Nicolet Bankshares Inc NIC.N : Stephens raises target price to $90 from $88 * Tesla Inc TSLA.O : Wedbush raises target
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Dell Technologies Shareholders Approved By An Advisory Vote Compensation Of Named Executive Officers At Annual Meeting

BRIEF-Dell Technologies Shareholders Approved By An Advisory Vote Compensation Of Named Executive Officers At Annual Meeting July 2 (Reuters) - Dell Technologies Inc DELL.N : DELL TECHNOLOGIES- SHAREHOLDERS APPROVED BY AN ADVISORY VOTE COMPENSATION OF NAMED EXECUTIVE OFFICERS AT ANNUAL MEETING Source text for Eikon: [ID:n0001571996-24-000074] Furth
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Echoes of dotcom bubble haunt driven US stock market

ANALYSIS-Echoes of dotcom bubble haunt AI-driven US stock market By Lewis Krauskopf NEW YORK, July 2 (Reuters) - A U.S. stock rally supercharged by excitement over artificial intelligence is drawing comparisons with the dotcom bubble two decades ago, raising the question of whether prices have again been inflated by optimism over a revolutionary technology.
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Medtronic CFO Karen Parkhill jumps ship to HP

UPDATE 3-Medtronic CFO Karen Parkhill jumps ship to HP Adds Medtronic forecast in paragraph 8, updates share movement June 26 (Reuters) - Medical device maker Medtronic's MDT.N finance chief Karen Parkhill will depart the medical device maker to join HP Inc HPQ.N as CFO , the companies said on Wednesday, amid the PC industry's recovery from its extended post-pandemic slump.
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Investment firm Kimmeridge buys 90% stake in Commonwealth LNG

UPDATE 1-Investment firm Kimmeridge buys 90% stake in Commonwealth LNG New throughout, adds details and background HOUSTON, June 25 (Reuters) - Private equity firm Kimmeridge, through its subsidiary Kimmeridge Texas Gas, has acquired a 90% stake in proposed U.S. liquefied natural gas export project Commonwealth LNG, it said on Tuesday. T he investment will allow the project to move ahead, the companies said.
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US business equipment borrowings up 11% in May, ELFA says

US business equipment borrowings up 11% in May, ELFA says June 25 (Reuters) - U.S. companies borrowed 11% more to finance equipment investments in May compared to a year ago, industry body Equipment Leasing and Finance Association (ELFA) said on Tuesday. Companies signed up for new loans, leases and lines of credit worth $10.2 billion in May, down 7% from a month ago.
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S&P 500 closes lower after record high, weighed by chips stocks, economic data

US STOCKS-S&P 500 closes lower after record high, weighed by chips stocks, economic data Kroger reaffirms FY forecasts amid consumer spending pressure Nasdaq ends seven-session streak of record closing highs Indexes mixed: Dow up 0.77%, S&P down 0.25%, Nasdaq down 0.79% Updates with more closing data By Echo Wang June 20 (Reuters) - The S&P 500 and Nasdaq closed lower on Thursday, as market bellwether Nvidia r etreated from earlier gains, while investors evaluated recent economic data and commen
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S&P 500 closes lower after record high, weighed by chips stocks, economic data

US STOCKS-S&P 500 closes lower after record high, weighed by chips stocks, economic data Kroger reaffirms FY forecasts amid consumer spending pressure Dow up, S&P down, Nasdaq down Closing report By Echo Wang June 20 (Reuters) - The S&P 500 and Nasdaq ended lower on Thursday, as market bellwether Nvidia gave up earlier gains, while investors evaluated recent economic data and commentary from Federal Reserve officials to determine the timing of interest-rate cuts this year.
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U.S. STOCKS Allstate, MicroStrategy, AutoZone

BUZZ-U.S. STOCKS ON THE MOVE-Allstate, MicroStrategy, AutoZone Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The S&P 500 and the Nasdaq hit record highs on Thursday, boosted by strong gains in Nvidia, while investors assessed recent economic data and commentary from Federal Reserve officials to gauge the timing of interest-rate cuts this year.
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S&P 500, Nasdaq scale record highs as Nvidia lengthens its lead

US STOCKS-S&P 500, Nasdaq scale record highs as Nvidia lengthens its lead For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Dell, Super Micro providing server racks for xAI's supercomputer Kroger reaffirms FY forecasts amid consumer spending pressure Indexes mixed: Dow up 0.22%, S&P up 0.06%, Nasdaq flat Updated at 11:59 a.m.
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U.S. STOCKS Allstate, MicroStrategy, AutoZone

BUZZ-U.S. STOCKS ON THE MOVE-Allstate, MicroStrategy, AutoZone Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The benchmark S&P 500 touched a record high on Thursday, boosted by strong gains in Nvidia, while investors assessed the recent economic data and commentary from Federal Reserve officials to gauge the timing for interest rate cuts this year.
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S&P 500 notches record high as Nvidia rally continues

US STOCKS-S&P 500 notches record high as Nvidia rally continues For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Nvidia hits all-time high Dell, Super Micro providing server racks for xAI's supercomputer Accenture gains as annual revenue growth forecast tops estimates Indexes up: Dow 0.28%, S&P 0.54%, Nasdaq 0.29% Updated at 9:51 a.m.
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Nvidia loses top spot to Microsoft after 3% drop

UPDATE 2-Nvidia loses top spot to Microsoft after 3% drop Recasts paragraph 1, updates shares and market cap, adds Apple shares in paragraph 4 June 20 (Reuters) - Nvidia's NVDA.O shares declined nearly 3.4% on Thursday, handing the title of the world's most valuable company back to Microsoft. Nvidia, whose market capitalization surpassed that of Microsoft MSFT.O on Tuesday, was set to l ose a round $9 1 billion to its last closi ng market value of $3.34 trillion, at the current level of $131 .88
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U.S. STOCKS Dell, Hewlett Packard Enterprise, Accenture

BUZZ-U.S. STOCKS ON THE MOVE-Dell, Hewlett Packard Enterprise, Accenture Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The S&P 500 and the Nasdaq were on track to open higher on Thursday propelled by a rally in Nvidia, while investors assessed the recent economic data and commentary from Federal Reserve officials to firm up bets on interest rate cuts this year.
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