(Reuters) - As Nvidia threatens to dethrone Microsoft as the world's most valuable company, at least a few investors are betting its soaring shares will return to earth.
Outstanding short bets against Nvidia stand at about $34 billion, nearly twice as much as what has been bet against Apple and Tesla, the next two biggest short bets combined, according to a report from S3 Partners on Thursday.
Short sellers have bet about $19 billion... (continue reading...)
CAIRO (Reuters) - Qatari foreign ministry spokesperson Majed Al-Ansari said on Thursday that Hamas has not yet handed mediators its response to the latest ceasefire proposal and is still studying it, adding that Qatari, Egyptian and the U.S. mediators are still making efforts.
Earlier, two Egyptian security sources said talks aimed at reaching a ceasefire between Israel and Hamas in the Gaza war continued but had shown no sign of a breakthrough.
... (continue reading...)By Simon Lewis and Kanishka Singh
WASHINGTON (Reuters) - The Committee to Protect Journalists and the U.S. government on Thursday condemned the harassment and assault of journalists during the Jerusalem Day flag march, urging Israel to protect reporters.
During the march, which commemorates the June 5 capture of East Jerusalem by Israeli forces in a 1967 war, Israeli settlers and far right protesters assaulted Palestinian freelance... (continue reading...)
By Lisandra Paraguassu
BRASILIA (Reuters) - Fires in Brazil's Pantanal wetlands have surged nearly tenfold so far this year to the highest levels since 2020, when the biome suffered its worst blazes on record.
Satellite data from Brazil's National Institute for Space Research (INPE) showed a 980% increase in the number of fires in the Pantanal through June 5, compared with the same period of last year. The figures have raised alarms as... (continue reading...)
(Reuters) -Engineering solutions firm Emerson said on Thursday it had agreed to sell its remaining interest in its Copeland joint venture to Blackstone in a deal valued at about $3.5 billion.
Private equity funds managed by Blackstone would purchase Emerson's 40% equity ownership in the joint venture, Emerson said, adding that the deal was a "key step to simplify our portfolio" and enhance focus on automation.
"We believe now is the right... (continue reading...)
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