Author: IA PressRoom

Sign with logos for Google and the Google owned video streaming service YouTube at the Googleplex, … [+] the Silicon Valley headquarters of search engine and technology company Google Inc in Mountain View, California, April 14, 2018. (Photo by Smith Collection/Gado/Getty Images)Getty Images Alphabet GOOGL Inc (GOOGL) Traded to a new year-to-date high of $129.04 on Wednesday, June 7, 2023, then closed at $122.50 below the June 6 low of $125.35. This defines a downside key reversal day. A weekly key reversal day will occur if Friday’s close on June 9 is below last week’s low of $122.00. Alphabet has…

© Reuters. FILE PHOTO: Japanese Prime Minister Fumio Kishida arrives for a bilateral meeting with Laos’ President Thongloun Sisoulith, at the prime ministers’ office in Tokyo, Japan, Thursday, May 25, 2023. Shuji Kajiyama/Pool via REUTERS By Takaya Yamaguchi and Tetsushi Kajimoto TOKYO (Reuters) – Japan is committed to putting economic growth before fiscal reform, Prime Minister Fumio Kishida’s government said in its draft mid-year policy framework, while signalling an end to crisis-mode stimulus spending to return to one in “peacetime”. The draft plan, which was presented at Kishida’s top economic advisory panel on Wednesday, underscored the challenge for the leader,…

2/2 © Reuters. The CNN logo stands outside the venue of the second Democratic 2020 U.S. presidential candidates debate, in the Fox Theater in Detroit, Michigan, U.S., July 30, 2019. REUTERS/Brian Snyder 2/2 By Helen Coster (Reuters) -CNN Chairman and Chief Executive Chris Licht has stepped down from the media company, effective immediately, parent company Warner Bros. Discovery (NASDAQ:) said on Wednesday. The company said that as it seeks Licht’s replacement, it has put in place an interim leadership team including Amy Entelis, EVP of talent and content development; Virginia Moseley, EVP of editorial; and Eric Sherling, EVP of US…

Ron DeSantis’s decision to send migrants from near the Mexico border to the capital city of California is at first glance the latest in a series of escalating clashes between the Florida governor and his Democratic counterpart, Gavin Newsom.But the performative gambit in the early days of Mr. DeSantis’s 2024 presidential run is better understood as an opening bid to prove to Republican primary voters that he can be just as much a provocateur, and every bit as incendiary, as former President Donald J. Trump.For Mr. DeSantis, the flights illustrate the broader bet he has made that the animating energy…

Goldman Sachs MLP and Energy Renaissance Fund to be liquidated

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GameStop announced it has terminated its chief executive and that its board of directors elected meme stock icon Ryan Cohen as its executive chair.Cohen, who became popular with meme stock traders for his investments in the video game retailer and now-bankrupt Bed Bath & Beyond, was already GameStop’s chair. The company said in a statement announcing Cohen’s elevation that, “in conjunction”, former chief executive Matt Furlong “has been terminated”.In an SEC filing on Wednesday, the company said Furlong was terminated on June 5 “without cause”. The filing also said Mark Robinson, the company’s general counsel, was appointed its general manager…

© Reuters. FILE PHOTO: Men walk past an electric board displaying Nikkei and other countries’ indexes outside a brokerage in Tokyo, Japan January 16, 2023. REUTERS/Kim Kyung-Hoon By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. An interest rate decision from India and revised Japanese GDP will be the big local drivers for Asian markets on Thursday, with wider sentiment soured by a profit-taking slump in U.S. tech stocks and a surprising rate hike in Canada. After rallying more than 25% this year, and more than 20% from the U.S. banking shock…

© Reuters. HashiCorp stock plummets 22% on disappointing outlook HashiCorp (HCP) shares plunged more than 22% after-hours following the company’s reported Q1 earnings. While EPS of ($0.07) and revenue of $138 million (up 37% year-over-year) came in above the consensus estimates of ($0.14) and $133.13M, respectively, management’s guidance missed expectations. The company ended Q1/24 with 4,392 customers, up from 3,240 customers at the end of Q1/23. Customers with equal or greater than $100,000 in ARR was 830, up from 704 customers at the end of Q1/23, representing 89% of total revenue in Q1/24 (vs. 88% in Q1/23). For Q2/24, the…

© Reuters. LIMA (Reuters) – A group of indigenous protesters in Peru’s remote Amazon (NASDAQ:) region attacked two oil tankers with gasoline bombs apparently because they are angry about changes by the government to social oil funds, the operator of the vessels said on Wednesday. A dozen crew members from both tankers, one of which contained 40,000 barrels of crude, were also kidnapped by the assailants, according to a statement from Canada-based PetroTal. PetroTal accused protesters affiliated with indigenous association Aidecobap of blocking an Amazon tributary preventing the passage of the two oil tankers, one of which was empty, while…