Utkarsh Shetti
utkarsh-shetti.bsky.social
Utkarsh Shetti
@utkarsh-shetti.bsky.social
Journalist at Reuters covering U.S. Manufacturing | Opinions my own | Email utkarshumesh.shetti@thomsonreuters.com for conversations/tips. DM for Signal/Telegram.
Donald Trump Jr and Eric Trump have announced their involvement in some smaller companies, sparking a frenzy in these usually thinly traded names with tiny market valuations, but the stocks have now fallen.

A @reuters.com piece looking into these microcap stocks and their pertaining links.
Trump-linked small stocks pull back after rallying on family ties
U.S. President Donald Trump's re-election prompted a run-up in the broad stock market that has since receded. The same has happened in a number of tiny companies linked to the president's two eldest sons.
www.reuters.com
March 13, 2025 at 11:15 PM
Honeywell will split into three independently listed companies, breaking apart one of America's last standing conglomerates just months after activist investor Elliott management took a $5 billion stake in the industrial giant.

Read more at @reuters.com
Honeywell to split into three after pressure from activist investor
Honeywell said on Thursday it will split into three independently listed companies, breaking up one of America's last standing conglomerates just months after activist investor Elliott Management took a $5 billion stake in the industrial giant.
www.reuters.com
February 6, 2025 at 7:07 PM
Chaotic start to a busy holiday season. A technical glitch at American Airlines disrupted travel plans, as the carrier had to ground all of its U.S. flights this morning. The issue is now resolved and flights have resumed, a sigh of relief for thousands travelling on Christmas eve.

Reuters story:
December 24, 2024 at 4:31 PM
Reposted by Utkarsh Shetti
Luigi Mangione, the 26-year-old man accused of gunning down UnitedHealth executive Brian Thompson in the streets of Manhattan, yells as he enters a Pennsylvania court for a hearing on whether to extradite him to New York to face murder charges there reut.rs/3BmLdLw
December 10, 2024 at 8:18 PM
Reposted by Utkarsh Shetti
Armed with a growing file of clues, New York police were scouring surveillance videos and asking the public for help in their search for the masked assailant who gunned down a UnitedHealth executive on a Midtown Manhattan sidewalk reut.rs/4g1dKWb
Police scour New York for suspect two days after UnitedHealth executive gunned down
New York police were asking the public for help in their search for the masked assailant.
reut.rs
December 6, 2024 at 12:12 PM
Reposted by Utkarsh Shetti
Holiday travel demand has put Southwest Airlines and American Airlines in a festive mood, both the carriers hiked their fourth-quarter forecasts on Thursday, betting on a busy season in the skies. Here's a link to a piece that I & @utkarsh-shetti.bsky.social wrote.

www.reuters.com/business/aer...
Southwest Airlines, American lift forecasts as holiday travel takes off
U.S. carriers Southwest Airlines and American Airlines lifted their fourth-quarter forecasts on Thursday, betting on buoyant domestic travel demand during the holiday season and improved pricing.
www.reuters.com
December 6, 2024 at 11:17 AM
Large conglomerates once widely present in the U.S. stock market have broken up in recent times, and their spin offs have surged.
Activist Elliott Investment is pushing for Honeywell to follow suit. @nategomes.bsky.social and I dug into historical breakups for this @reuters.com analysis last week.
Elliott's $5 billion Honeywell gambit: would a split pay off?
Diversified conglomerates were long a fixture of the U.S. stock market landscape, with the Dow industrials bolstered by big names such as 3M, General Electric, United Technologies and others. But many of those companies have since broken apart, and shares of their spinoffs have surged.
www.reuters.com
November 21, 2024 at 2:03 PM