Reuters

Global wire service; center, straight-news style

Stories

• 2 Gap Inc. Posts 2% Sales Drop and a $417 Million Tariff-Refund Gain, Raises Profit Outlook; Shares Rise About 14%
• 2 Marvell Shares Close Down 10.3% After Fiscal Q2 Beat and Raised Fiscal 2028 Revenue Outlook
• 2 North Korea Warns of "Powerful Response" After U.S. Clears Possible $125 Million Sidewinder Missile Sale to South Korea
• 2 NORTHCOM Says an Army Laser Downed Three Drones It Called Cartel-Linked in Texas' Rio Grande Valley on Aug. 25-26
• 2 Weekly Jobless Claims Fell to 203,000 in the Week Ending Aug. 22, Below the 208,000 Forecast
• 2 Meta Agrees to Pay States Up to $17 Billion and Add Teen Limits, Ending Oakland Child-Safety Trial
• 3 Nvidia Reports $96.2 Billion in Quarterly Revenue, Forecasts $108 Billion for the Current Quarter
• 3 Salesforce Reports 10.8% Revenue Growth and Raises Fiscal 2027 Outlook; Shares Rose 12% to 14% in After-Hours Trading
• 1 Argentina's 2026 Growth Forecast Cut to 2.7% as Central Bank Slows Dollar Buying to Its Lowest Monthly Pace of the Year
• 1 Dick's Sporting Goods Stock Falls 30.68% After Q2 Earnings Miss and Lowered Full-Year Outlook
• 2 Projectile Strikes Oil Tanker Off Oman's Coast, Disabling Its Engine Room; No Group Has Claimed Responsibility
• 2 Nvidia Falls 2.9% on Aug. 24 for a Seventh Straight Down Session Ahead of Its Aug. 26 Earnings Report
• 1 10-Year Treasury Yield Near 4.71% on Aug. 24, Close to a 20-Month High, After Two Straight Weekly Stock Losses
• 3 Alibaba Prices $10.2 Billion Hong Kong Share Sale at 8.4% Discount to Fund AI Spending; Hong Kong Shares Fall 8.5%
• 2 Samsung Board Approves 90–110 Trillion Won Shareholder Return; Stock Closes Down 8.70% on Aug. 24 as Kospi Falls 3.12%