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Analysis-Nvidia's split of soaring stock could boost retail investor appeal, Dow chances May 23, 2024 03:40PM

By Medha Singh and Lewis Krauskopf

NEW YORK (Reuters) - Nvidia's plan to split its stock after the stunning rise in the chipmaker's share price could lure more interest from retail investors while potentially paving the way for the company's inclusion in the Dow Jones Industrial Average.

Nvidia shares were soaring 10% on Thursday afternoon after the company announced a 10-for-one stock split as part of a blockbuster quarterly report... (continue reading...)


French PM, far-right leader, clash in EU debate May 23, 2024 03:40PM

PARIS (Reuters) - French Prime Minister Gabriel Attal and far-right party leader Jordan Bardella clashed in a TV debate on Thursday in which they presented radically different views of the European Union, ahead of the June 9 European Parliament elections.

Accusations of lying abounded in a debate that held high stakes for both sides.

The eurosceptic National Rally (RN) party of Bardella and Marine Le Pen leads opinion polls by a huge... (continue reading...)


CVS seeks investor to fund growth at Oak Street Health, Bloomberg reports May 23, 2024 03:38PM

(Reuters) - CVS Health Corp has been seeking a private equity partner to fund growth at Oak Street Health, a primary care provider it bought a year ago, Bloomberg News reported on Thursday.

The company has been working with financial advisers to help find capital to back new clinics that will be opened by Oak Street, Bloomberg News reported, citing people familiar with the matter.

Deliberations are preliminary, the structure could change... (continue reading...)


Poland and Greece urge EU to create common air shield, says Polish PM May 23, 2024 03:26PM

WARSAW (Reuters) - Polish and Greek prime ministers submitted a letter to the European Commision on Thursday urging the creation of a Europe-wide air defence system, Polish Prime Minister Donald Tusk said.

The importance of air defence has been in sharper focus for Poland, which borders Ukraine and has seen missiles enter its airspace.

"I sent a letter to the European Commission, together with (Greek) Prime Minister Mitsotakis,... (continue reading...)


Boeing's cash flow situation is worse than expectations, S&P analyst says May 23, 2024 03:20PM

(Reuters) - Boeing's cash flow situation is incrementally worse than their expectations, an S&P Global Ratings analyst said, after the company said it would be cash-flow negative in 2024.

Boeing currently has a BBB- rating from S&P, one level above "junk" status, with a negative credit rating outlook. The rating agency changed that outlook in April to "negative" from "stable" due to the increased chance that it will take more time for cash flow to... (continue reading...)


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