by Bloomberg.com | Jul 26, 2024 | alerts, Markets/Economy
US gasoline demand dropped off after the July 4 holiday Short-only gasoline positions reached seven-year highs Hedge funds haven’t been this disappointed by gasoline demand since the depths of the pandemic, with speculators slashing their net-bullish bets as the US...
by Bloomberg.com | Jul 26, 2024 | alerts, Markets/Economy
Benedetto Vigna was impersonated on a call using AI software Large companies are being increasingly targeted with deepfakes It was mid-morning on a Tuesday this month when a Ferrari NV executive started receiving a bunch of unexpected messages, seemingly from the CEO....
by Bloomberg.com | Jul 25, 2024 | alerts, Markets/Economy
Retailer cut from JPMorgan top stocks list, downgraded by Citi Stock closed down 9.1% to the lowest level since May 2020 Lululemon Athletica Inc. shares dropped to their lowest level in four years as analysts raised fresh concerns about the company’s ability to hit...
by Bloomberg.com | Jul 24, 2024 | alerts, Markets/Economy
Discount furniture seller bought rival chain just last year Company says it employs about 3,800 people across 15 states Furniture retailer Conn’s Inc. filed for bankruptcy with plans to shut down after trouble integrating a recent acquisition compounded the pain of...
by Bloomberg.com | Jul 24, 2024 | alerts, Markets/Economy
Contract signings eased 0.6% in June to 617,000 annual rate New-home inventory increased to highest level since 2008 Sales of new US homes unexpectedly declined to a seven-month low in June as the mix of stubbornly high mortgage rates and prices deterred prospective...
