losers
By Amanda Cooper LONDON (Reuters) – Donald Trump’s rapid confirmation as the next U.S. president propelled the dollar and punished the euro as investors bet on tariffs on imports affecting trade while tax cuts could benefit U.S. business. U.S. stock futures rallied almost by the most in a year, while…
SINGAPORE (Reuters) – Chip shares dragged Asian indexes lower on Wednesday and European futures fell after growth concerns drove the steepest selloff in a month on Wall Street and investors wiped $279 billion from the value of market darling chipmaker Nvidia (NASDAQ:). Oil hit year-to-date lows in Asia trade, the…
A grocery tycoon turned robotics guru has had $9 billion wiped off his net worth after shares of his AI-powered company crashed, making him one of the world’s biggest wealth losers this year.Rick Cohen, 72, is the owner and executive chairman of C&S Wholesale Grocers, a food distributor founded by…
