Today: November 10, 2024
Today: November 10, 2024

Stocks

Business|Economy|Finance|Stock Markets

Japan's Nikkei seen rising 4.6% this year on solid corporate outlook, global economy - Reuters poll

Japan's Nikkei share average will rise 4.6% by year end, supported by a firm corporate outlook and a solid global economy, according to equity market strategists in a

Japan's Nikkei seen rising 4.6% this year on solid corporate outlook, global economy - Reuters poll
Business|Finance|US

Star shares fall as Hard Rock denies takeover interest

Hard Rock International, the chain that runs the storied Hard Rock Cafe hotels and restaurants, has denied any involvement in a takeover bid for embattled Star

Star shares fall as Hard Rock denies takeover interest
Business|Economy|Finance|US

Lowe's warns of margin pressure in Q2 on muted home improvement demand

Lowe's on Tuesday warned of operating margin pressure in the current quarter as the home improvement chain expects to see muted demand, overshadowing its smaller-than-

Lowe's warns of margin pressure in Q2 on muted home improvement demand
Asia|Business|Finance|Stock Markets|Technology

Stock market today: Asian stocks rise after Wall Street barrels to records

Asian stocks are higher after Wall Street barreled to new records as the frenzy around artificial-intelligence technology kept sending stocks higher

Stock market today: Asian stocks rise after Wall Street barrels to records
Business|Finance|Stock Markets

Asian stocks eye best run since 2021

A look at the day ahead in Asian markets.

Asian stocks eye best run since 2021
Business|Finance|Stock Markets|Technology|US

Palo Alto's quarterly billings forecast fails to impress investors, shares fall

Palo Alto Networks' fourth-quarter billings forecast disappointed investors on Monday, a sign of tight corporate spending on cybersecurity solutions, sending its shares down more than 8% in

Palo Alto's quarterly billings forecast fails to impress investors, shares fall
Business|Finance|Stock Markets|Technology

Wall Street bets on stellar quarterly results from Nvidia

Wall Street is betting on a blowout quarterly report from Nvidia on Wednesday, with its stock near record highs as investors look for evidence that the AI chipmaker can

Wall Street bets on stellar quarterly results from Nvidia
Business|Economy|Finance|Stock Markets|US|World

Buoyant start to 'Nvidia week'

A look at the day ahead in U.S. and global markets from Mike Dolan World markets, heady on hopes for renewed U.S. disinflation and another attempt by China at shoring up its ailing housing sector,

Buoyant start to 'Nvidia week'
Business|Economy|Finance|News|Stock Markets|US

Dow ends above 40,000 milestone, indexes notch up weekly gains

The Dow Jones industrial average closed above the 40,000 mark for the first time on Friday, with other major indexes also scoring weekly gains,

Dow ends above 40,000 milestone, indexes notch up weekly gains
Business|Finance|Technology

GameStop leaps as investor known as 'Roaring Kitty' indicates he holds a large position in the stock

Shares of GameStop have soared following speculation that the man at the center of the pandemic meme stock craze owns a large number of shares of the video game retailer that may be worth millions

GameStop leaps as investor known as 'Roaring Kitty' indicates he holds a large position in the stock
Asia|Business|Economy|Finance|News|Stock Markets

Stock market today: Asian shares decline after report shows US manufacturing contracted in May

Asian shares have retreated after a report showed that U.S. manufacturing contracted in May

Stock market today: Asian shares decline after report shows US manufacturing contracted in May
Business|Finance|Stock Markets|US

US equity funds draw largest weekly inflow in eight weeks

U.S. equity funds attracted significant inflows in the seven days to May 15, fuelled by expectations of Federal Reserve rate cuts following subdued U.S. jobs data and a softer-than-

US equity funds draw largest weekly inflow in eight weeks
Business|Finance|Stock Markets

Investors pour money into stocks, bonds as inflation worries ebb - BofA says

Investors poured money into stocks and bonds in the week to Wednesday, favouring laggards such as utilities, but pulling money from pricier parts of the market such as technology

Investors pour money into stocks, bonds as inflation worries ebb - BofA says
Business|Economy|Finance

Walmart's strong forecast sparks stock surge to record high

Walmart raised its full-year forecast and reported better-than-expected quarterly results on Thursday, betting that easing inflation will drive

Walmart's strong forecast sparks stock surge to record high
Business|Europe|Finance|Stock Markets

European shares snap nine-day winning streak as Siemens weighs

European shares snapped a nine-day winning streak on Thursday, weighed by Germany's Siemens after a second-quarter industrial profit miss, while a

European shares snap nine-day winning streak as Siemens weighs
Business|US

Trump Media shares swing wildly and then tumble a day after former president was convicted

Shares of Trump Media & Technology Group, the owner of social networking site Truth Social, have fallen after former President Donald Trump was convicted in his hush money trial

Trump Media shares swing wildly and then tumble a day after former president was convicted
Business|Economy|Finance|Stock Markets|US

New highs hold as disinflation resumes, US cools

A look at the day ahead in U.S. and global markets from Mike Dolan World stocks notched new records and the dollar nursed its worst day of the year as fears of an overheating U.S. economy dissipate -

New highs hold as disinflation resumes, US cools
Business|Finance

Berkshire reveals $6.72 billion Chubb stake, insurer's shares rise

Warren Buffett's Berkshire Hathaway on Wednesday revealed a new, $6.72 billion stake in the insurer Chubb, confirming months of speculation that it had made a big new

Berkshire reveals $6.72 billion Chubb stake, insurer's shares rise
Asia|Business|Finance

As CPI risk clears ... it's lift off!

A look at the day ahead in Asian markets.

As CPI risk clears ... it's lift off!
Business|Economy|Europe|Finance|Stock Markets

Upbeat earnings lift STOXX 600 to record high, real estate stocks shine

Europe's main share index notched a record high on Wednesday, as investors cheered robust earnings from the likes of UK's Experian and Germany's

Upbeat earnings lift STOXX 600 to record high, real estate stocks shine
Business|Finance|Stock Markets|US

Renaissance Technologies, Two Sigma among funds that dumped Boeing in first quarter

Renaissance Technologies, Two Sigma Investments and Arrowstreet Capital were among large firms that sold all their shares of embattled aircraft maker Boeing Co in

Renaissance Technologies, Two Sigma among funds that dumped Boeing in first quarter
Business|Finance|Stock Markets|Technology

Sony shares leap 12% on buyback and dividend plans, higher profit outlook

Shares in Sony Group jumped 12% in early Tokyo trading on Wednesday after the company pledged to boost shareholder returns and forecast higher annual profit with a

Sony shares leap 12% on buyback and dividend plans, higher profit outlook
Business|Economy|Finance

Power of Powell lifts stocks ahead of US CPI

A look at the day ahead in European and global markets from Ankur Banerjee European bourses are poised to keep the rally going ahead of the always important U.S.

Power of Powell lifts stocks ahead of US CPI
Business|Finance|Stock Markets|US

New stock records jump the CPI gun

A look at the day ahead in U.S. and global markets from Mike Dolan Markets seem to have got bored waiting for today's big U.S. inflation print and stocks zoomed to new records in advance, taking

New stock records jump the CPI gun
Asia|Business|Economy|Finance|Stock Markets|World

Pakistan shares hit record high over 75,000 as foreign buyers pile in

Pakistan's main share index continued its rally to breach the 75,000 mark for the first time on Wednesday on the back of heavy foreign buying while

Pakistan shares hit record high over 75,000 as foreign buyers pile in
Asia|Business|Economy|Finance|Stock Markets|US

Stock market today: Asian shares track Wall Street's retreat

Shares have retreated in Asia after U.S. stocks fell under the weight of higher yields in the bond market

Stock market today: Asian shares track Wall Street's retreat
Business|Finance|Stock Markets|US

Earnings hurdle cleared - CPI fence up next

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street and world stock markets have cleared the first-quarter corporate earnings season comfortably enough to be back stalking

Earnings hurdle cleared - CPI fence up next
Business|Europe|Finance|Stock Markets

European banks' Goldilocks rally tempts back buyers... and bears

Investors are racing back into European bank stocks after a surprisingly upbeat earnings season, pushing their shares to multi-

European banks' Goldilocks rally tempts back buyers... and bears
Business|Economy|Finance|News|Stock Markets|US

Forget market angst, just 'KISS' and make up: Mike Dolan

Worried about a hawkish Fed, over-valued stocks, teetering debt piles, volatile currencies, cliffhanger elections or rancorous geopolitics?

Forget market angst, just 'KISS' and make up: Mike Dolan
Europe|Finance|Stock Markets

Rate cut hopes fan risk rally

A look at the day ahead in European and global markets from Ankur Banerjee Investors are wearing their risk-on hats ahead of the weekend as renewed hopes of monetary easing take hold, a day after the

Rate cut hopes fan risk rally
Business|Europe|Finance|Stock Markets

Europe sees two-speed IPO recovery as smaller deals lag

A string of stock listings this year has infused new life into Europe's anaemic market for initial public offerings, but

Europe sees two-speed IPO recovery as smaller deals lag
Business|Economy|Finance

Brazil's Eletrobras net income down 19% in Q1; shares fall

Brazilian power giant Eletrobras reported late on Wednesday a first-quarter net profit of 331 million reais ($65 million), down 19% from a year earlier as it resumed transmission

Brazil's Eletrobras net income down 19% in Q1; shares fall
Business|Europe|Finance

Brembo tempers revenue forecast despite core profit rise

Italian premium brake maker Brembo posted on Thursday a 5% yearly increase in its core profit in the first-quarter, as revenues in the period topped the one billion euro quarterly threshold

Brembo tempers revenue forecast despite core profit rise
Asia|Business|Economy|Finance|News|Stock Markets

Stock market today: Asian shares track Wall Street's slide on worries over interest rates

Asian shares are mostly lower after a retreat on Wall Street following strong economic reports that raised the possibility of interest rates staying painfully high

Stock market today: Asian shares track Wall Street's slide on worries over interest rates
Business|Finance|Stock Markets|Technology|US

Uber shares tumble as weaker ride-share demand hurts Q2 forecast

Uber posted a surprise quarterly loss and forecast gross bookings below Wall Street expectations, sending its shares down 9% and putting the ride-share and food delivery

Uber shares tumble as weaker ride-share demand hurts Q2 forecast
Business|Finance|Stock Markets|Technology

Bumble revenue beats estimates on paying users strength, shares jump

Bumble beat Wall Street estimates for first-quarter revenue on Wednesday helped by growth in its paying users, sending the company's shares up more than 9% in aftermarket

Bumble revenue beats estimates on paying users strength, shares jump
Business|Finance|Stock Markets|Technology|US

Robinhood's crypto business drives massive earnings beat

Online brokerage Robinhood Markets beat estimates for first-quarter profit on Wednesday, thanks to robust crypto trading volumes and rate hikes that

Robinhood's crypto business drives massive earnings beat
Business|Economy|Finance|Stock Markets|US

Beyond Meat reports wider-than-expected Q1 loss, sales decline

Beyond Meat posted a wider-than-expected quarterly loss and an 18% drop in revenue on Wednesday as its higher priced plant-based meat products hit volumes.

Beyond Meat reports wider-than-expected Q1 loss, sales decline
Business|Finance|Stock Markets|Technology|US

Nvidia's profit soars, underscoring its dominance in chips for artificial intelligence

Nvidia overshot Wall Street estimates as its quarterly profit skyrocketed, bolstered by the chipmaking dominance that has made the company an icon of the artificial intelligence boom

Nvidia's profit soars, underscoring its dominance in chips for artificial intelligence
Business|Economy|Finance

Tylenol maker Kenvue to cut 4% jobs, beats quarterly profit estimates

Kenvue will cut 4% of its global workforce amid investments to grow its key brands, the Tylenol and Band-Aid maker said on Tuesday, as it topped beat Wall Street estimates for first-quarter

Tylenol maker Kenvue to cut 4% jobs, beats quarterly profit estimates
Business|Finance|Technology

GlobalFoundries forecasts Q2 revenue, profit above estimates on chip market recovery

GlobalFoundries forecast second-quarter revenue above Wall Street estimates on Tuesday, betting on improving demand for semiconductors after a years-long slump that was caused by surplus

GlobalFoundries forecasts Q2 revenue, profit above estimates on chip market recovery
Business|Finance|Stock Markets|Technology|US

Stock market today: Asian shares are mixed, with China stocks down, after Wall St retreat

Asian shares are trading mixed, as investor sentiment in Tokyo was boosted by news in the U.S. about soaring Nvidia earnings

Stock market today: Asian shares are mixed, with China stocks down, after Wall St retreat
Business|Economy|Finance|News|Stock Markets|US|Videos

Morning bid: Cooler US takes edginess off markets, UBS jumps

A look at the day ahead in U.S. and global markets from Mike Dolan World markets have returned to levels of almost month ago as fears of an overheated U.S. economy abate even as corporate profit

Morning bid: Cooler US takes edginess off markets, UBS jumps
Business|Economy|Europe|Finance|News|Stock Markets

European shares close at highest in a week; Indra surges

European shares closed at their highest levels in one week on Monday, with investor optimism over interest rate cuts from major central banks back to

European shares close at highest in a week; Indra surges
Business|Economy|Finance|Stock Markets|US

Wall Street closes higher for third session on rate cut optimism

U.S. stock indexes closed higher on Monday, their third straight session of advances, as investors continued to gain hope that there was a greater chance of the Federal

Wall Street closes higher for third session on rate cut optimism
Business|Economy|Finance|Stock Markets|US

Tyson Foods shares suffer worst one-day decline in a year over demand concerns

Tyson Foods shares suffered their worst one-day decline in a year on Monday after the U.S. meatpacker warned that consumers are under pressure from

Tyson Foods shares suffer worst one-day decline in a year over demand concerns
Asia|Business|Economy|Finance|Stock Markets

Green light from financial conditions, FX calm

A look at the day ahead in Asian markets.

Green light from financial conditions, FX calm
Business|Technology

Reddit CEO beneficially owns 61.5% of class A shares, regulatory filing shows

Reddit co-founder and CEO Steve Huffman beneficially owns 62.4 million Class A shares of the social media company, a regulatory filing showed on Friday.

Reddit CEO beneficially owns 61.5% of class A shares, regulatory filing shows
Business|Europe|Finance|Stock Markets

SocGen's weak prospects in French retail hits shares

Societe Generale shares fell more than 5% on Friday after the bank's CFO flagged that net interest income in 2024 from the group's French retail business would be

SocGen's weak prospects in French retail hits shares
Business|Economy|Finance|Stock Markets|US

April US jobs report shows looser labor market, good news for Fed

U.S. job growth slowed more than expected in April and annual wage gains cooled, signs of a looser labor market which are good news for markets and the Federal Reserve that will likely

April US jobs report shows looser labor market, good news for Fed
Business|Europe|Finance

Weakness in Europe drives down Daimler Truck shares

Daimler Truck shares fell as much as 6.5% on Friday as the German truck and busmaker highlighted weakness in its European market after reporting

Weakness in Europe drives down Daimler Truck shares
Business|Europe|Finance|Stock Markets

Glencore studying an approach for Anglo American, sources say

Commodities group Glencore is studying an approach for Anglo American, two sources said, a development that could spark a bidding war

Glencore studying an approach for Anglo American, sources say
Asia|Business|Economy|Finance

Global hedge funds chase Hong Kong stocks rally, UBS says

Global hedge funds that use an equities long-short strategy are growing increasingly bullish on China, evidenced by the heavy pick-up in their purchases of Hong

Global hedge funds chase Hong Kong stocks rally, UBS says
Business|Fashion and Beauty|Finance|Stock Markets

Hugo Boss shares fall on weaker China demand, US uncertainty

Shares in Hugo Boss slumped nearly 10% on Thursday, hitting their lowest level since 2022 after the premium apparel brand flagged weaker demand in China and concern about

Hugo Boss shares fall on weaker China demand, US uncertainty
Business|Economy|Finance|News|Stock Markets|US

Stocks jump after Fed, US data; yen strengthens

A gauge of global stocks climbed on Thursday after the Federal Reserve indicated it was leaning toward a dovish stance, while the dollar retreated against the

Stocks jump after Fed, US data; yen strengthens
Business|Finance|Stock Markets|Travel|US

Booking tops Q1 profit estimates on robust international travel demand

Booking Holdings beat Wall Street estimates for first-quarter profit on Thursday, as strong demand for international travel offset moderating leisure travel demand in the U.S.

Booking tops Q1 profit estimates on robust international travel demand
Business|Finance|Stock Markets|US

Pop-Tarts maker Kellanova tops estimates on steady demand, higher prices

Pop-Tarts maker Kellanova on Thursday beat Wall Street estimates for first-quarter sales and profit on higher prices and firm demand for its breakfast cereals and ready

Pop-Tarts maker Kellanova tops estimates on steady demand, higher prices
Business|Finance|Stock Markets|Technology|US

Cognizant first-quarter revenue beats estimates on steady spending by clients

Cognizant Technology Solutions beat Wall Street estimates for first-quarter revenue on Wednesday, helped by steady spending by clients, sending its shares up more than 4% in aftermarket

Cognizant first-quarter revenue beats estimates on steady spending by clients
Business|Economy|Finance|Stock Markets

Moody's tops quarterly profit estimates on strong product demand

Moody's on Thursday beat Wall Street estimates for first-quarter profit, helped by demand for its research and analytics products.

Moody's tops quarterly profit estimates on strong product demand
Business|Finance|Stock Markets|US

NYCB short sellers stare at $42 million in losses after post-earnings rally, Ortex says

Traders shorting New York Community Bancorp's stock were sitting on more than $42 million of losses on Wednesday after the lender's better-than-expected

NYCB short sellers stare at $42 million in losses after post-earnings rally, Ortex says
Business|Finance|Stock Markets|US

Pfizer lifts profit forecast as CEO sees reason for optimism in 2024

Pfizer lifted its annual earnings forecast on Wednesday and reported a first-quarter profit above Wall Street estimates, boosted by cost cutting

Pfizer lifts profit forecast as CEO sees reason for optimism in 2024
Business|Economy|Finance|Stock Markets|US

Etsy misses first-quarter sales, profit estimates on lower discretionary demand

Etsy missed Wall Street expectations for first-quarter gross merchandise sales (GMS) and profit on Wednesday, hurt by lower demand for its handcrafted goods and personalized gifts at its

Etsy misses first-quarter sales, profit estimates on lower discretionary demand
Business|Finance|News|Stock Markets

Deere Q2 results top Street but it cuts 2024 profit outlook again as farmers buy fewer tractors

Deere’s fiscal second-quarter results beat Wall Street’s expectations, but the company lowered its full-year profit forecast for a second time as farmers buy fewer tractors and other equipment as they deal with declining prices for their crops

Deere Q2 results top Street but it cuts 2024 profit outlook again as farmers buy fewer tractors
Asia|Business|Economy|Finance|News|Stock Markets

Stock market today: Asian shares retreat after Wall St edges back from records

Asian shares have retreated after U.S. stocks edged back from their record heights

Stock market today: Asian shares retreat after Wall St edges back from records
Business|Finance|Health|US

Sensodyne-maker Haleon posts tepid sales as demand for some products cool off

Consumer healthcare company Haleon reported first-quarter revenue slightly below market estimates on Wednesday, as volumes declined due to retailer destocking in U.S. and cooling demand for

Sensodyne-maker Haleon posts tepid sales as demand for some products cool off
Business|Finance|Technology

Garmin's Q1 results beat on strong demand for fitness, auto products

Garmin topped Wall Street estimates for first-quarter results on Wednesday as the Swiss navigation device maker benefited from new launches and strong demand for its products in fitness and

Garmin's Q1 results beat on strong demand for fitness, auto products
Business|Finance|Stock Markets

Starbucks shares hit two-year low as China, US demand clouds outlook

Shares of Starbucks fell 15% to their lowest in nearly two years on Wednesday, after the coffee chain cut annual forecasts on persistent weak demand from inflation-

Starbucks shares hit two-year low as China, US demand clouds outlook
Business|Finance|Stock Markets

Marriott boosts full-year profit view after mixed Q1 results

Hotel operator Marriott International raised its forecast for annual adjusted profit on Wednesday after mixed first-quarter results, banking on

Marriott boosts full-year profit view after mixed Q1 results
Business|Finance

CVS cuts annual profit forecast and flags challenges in 2025, shares fall 18%

CVS Health Corp slashed its annual profit forecast on Wednesday and flagged challenges for next year's health insurance plans for older adults, and its

CVS cuts annual profit forecast and flags challenges in 2025, shares fall 18%
Business|Finance|News|Stock Markets

Warren Buffett's Berkshire Hathaway reveals new $7 billion stake in Swiss insurer Chubb

Warren Buffett’s Berkshire Hathaway is disclosing a new $7 billion stake in fellow insurer Chubb

Warren Buffett's Berkshire Hathaway reveals new $7 billion stake in Swiss insurer Chubb
Business|Technology|US

Trump raises stake in his media firm to nearly 65%

Donald Trump has raised his stake in the company that operates his social media app Truth Social to nearly 65% as of last week, according to a filing on Tuesday.

Trump raises stake in his media firm to nearly 65%
Business|Finance|Stock Markets

Bottler Coca-Cola HBC beats revenue estimate on strong demand

Bottler Coca-Cola HBC beat market forecast for first-quarter revenue on Tuesday, and reiterated its operating profit would rise this year, supported by strong demand for its coffee, energy

Bottler Coca-Cola HBC beats revenue estimate on strong demand
Business|Finance|News|Stock Markets|US

Marathon Petroleum beats Q1 profit estimates on elevated fuel demand, tight supplies

Top U.S. refiner Marathon Petroleum beat first-quarter profit estimates on Tuesday, as demand for refined products remained at high levels and global fuel supplies

Marathon Petroleum beats Q1 profit estimates on elevated fuel demand, tight supplies
Americas|Asia|Business|Economy|Finance|News|Stock Markets|Technology|US

Morning Bid: Yen slips anew with Amazon due, Treasury plans irk

A look at the day ahead in U.S. and global markets from Mike Dolan World markets stalled on Tuesday as another heavy earnings week for megacap stocks cranked up, with renewed slippage in Japan's yen

Morning Bid: Yen slips anew with Amazon due, Treasury plans irk
Business|Finance|Stock Markets|Technology

Apple shares rise after Bernstein analyst takes bullish stance

Shares in Apple Inc closed up 2.5% on Monday after a well-known analyst at Bernstein Societe Generale Group upgraded the stock to an "outperform" rating, pointing to the

Apple shares rise after Bernstein analyst takes bullish stance
Business|Economy|Finance|Stock Markets

Meme stocks are roaring again. Yes, again

GameStop and other meme stocks are roaring once again, surging to dizzying heights suddenly and sharply

Meme stocks are roaring again. Yes, again
Business|Europe|Finance|Stock Markets

FTSE 100 extends record streak on company news

Britain's FTSE 100 extended its record rally for the fifth straight session on Monday, helped by positive corporate updates, while a

FTSE 100 extends record streak on company news
Business|Finance|Food|US

Domino's surpasses sales expectations as promotions drive pizza orders

Domino's Pizza topped expectations for first-quarter sales and profit on Monday, as consumers in the United States tapped into offers through the pizza chain's loyalty

Domino's surpasses sales expectations as promotions drive pizza orders
Asia|Business|Finance

Morning Bid: Helter-skelter yen, US tech tonic

A look at the day ahead in Asian markets.

Morning Bid: Helter-skelter yen, US tech tonic
Asia|Business|Economy|Finance|Stock Markets

Chinese property shares rally on stimulus hopes

Shares of Chinese property developers rallied on Monday on speculation more stimulus measures are likely to be unveiled this week aimed at clearing

Chinese property shares rally on stimulus hopes
Business|Finance|News

Agrochemicals company Syngenta posts big drop in Q1 sales, earnings

Seeds and pesticides maker Syngenta suffered big drops in first quarter sales and profit, the company said on Monday, just a few weeks after the Swiss company shelved its plans for a

Agrochemicals company Syngenta posts big drop in Q1 sales, earnings
Business|Economy|Finance|News|US

S&P 500 Q1 earnings estimated growth improves; stocks up for week

U.S. first-quarter estimated earnings growth is looking stronger at nearly the halfway mark of the reporting period, with corporate results giving a boost

S&P 500 Q1 earnings estimated growth improves; stocks up for week
Business|Finance|Stock Markets|Technology

Google parent Alphabet reclaims spot in $2 trillion valuation club

Alphabet breached the $2 trillion market value mark for the first time since November 2021 on Friday, as investors cheered the Google parent announcing its first-ever dividend and a $70

Google parent Alphabet reclaims spot in $2 trillion valuation club
Business|Europe|Finance|News|Stock Markets|US

TotalEnergies looking at primary listing in New York, says CEO

French oil major TotalEnergies is "seriously" looking at a possible listing in New York, Chief Executive Patrick Pouyanne told analysts on Friday, to move closer to a majority of U.S.

TotalEnergies looking at primary listing in New York, says CEO
Business|Finance|US

Chevron posts Q1 profit beat with oil production gains

Oil giant Chevron Corp beat estimates for first-quarter profit on Friday as higher production volumes in the U.S. helped offset a hit from weak natural

Chevron posts Q1 profit beat with oil production gains
Business|Finance

Colgate-Palmolive raises sales growth target after strong Q1 results

Toothpaste maker Colgate-Palmolive raised forecast for annual organic sales growth on Friday, banking on resilient demand for its highly priced self-care and pet nutrition products.

Colgate-Palmolive raises sales growth target after strong Q1 results
Business|Finance|Stock Markets|US

Anglo American share spike before bid raises questions about leaks

Anglo American's London-listed shares spiked in late UK trade on Wednesday, hours before the miner announced a $39 billion bid by

Anglo American share spike before bid raises questions about leaks
Business|Technology|US

Explainer-Where are Wall Street's analyst notes on Trump's Truth Social?

Trump Media & Technology Group is one of the most actively traded U.S. stocks, yet Wall Street's equity analysts are staying clear.

Explainer-Where are Wall Street's analyst notes on Trump's Truth Social?
Asia|Business|Economy|Finance

Sri Lankan shares end higher as financials, industrials gain

Sri Lankan shares closed higher on Thursday, driven by gains in financial and industrial stocks.

Sri Lankan shares end higher as financials, industrials gain
Business|Finance|Stock Markets|US

Royal Caribbean lifts profit view again on cruise boom, higher prices

Royal Caribbean Group on Thursday raised its annual profit forecast for a second time, after record bookings during the first quarter and higher

Royal Caribbean lifts profit view again on cruise boom, higher prices
Business|Finance|Food

Keurig Dr Pepper reports upbeat Q1 on steady demand, price hikes

Beverage maker Keurig Dr Pepper beat Wall Street expectations for first-quarter sales and profit on Thursday, helped by steady demand for its high-priced sodas and tonic water.

Keurig Dr Pepper reports upbeat Q1 on steady demand, price hikes
Business|Economy|Finance

Barclays Q1 profit falls 12% as trading slump hits

Barclays reported a slightly smaller than expected 12% fall in first quarter profit on Thursday, boosting confidence among investors that its

Barclays Q1 profit falls 12% as trading slump hits
Business|Finance|Food|US

Chipotle lifts annual sales forecast as customer traffic holds up despite uncertainties

Chipotle Mexican Grill raised its full-year sales forecast on Wednesday, on the back of resilient demand for its burritos and rice bowls despite higher menu prices.

Chipotle lifts annual sales forecast as customer traffic holds up despite uncertainties
Asia|Business|Finance|Stock Markets

Stock market today: Asian shares are mixed after Wall St rally takes S&P 500 near record

Stocks in Asia are mixed after a rally on Wall Street that pulled the S&P 500 back within 1% of its record

Stock market today: Asian shares are mixed after Wall St rally takes S&P 500 near record
Business|Finance

Hilton lifts profit forecast on international travel demand

Hilton Worldwide Holdings beat Wall Street estimates for first-quarter revenue and raised its 2024 profit forecast on Wednesday, banking on

Hilton lifts profit forecast on international travel demand
Business|Economy|Europe|Finance|Stock Markets

Yen on the brink, but Tesla pulls back

A look at the day ahead in European and global markets from Tom Westbrook Strong business activity indicators in Europe and an unexpected cooling in the U.S. have carried the euro above $1.07.

Yen on the brink, but Tesla pulls back
Business|Finance|Stock Markets|US

Has Wall Street peaked too early?: McGeever

History suggests Wall Street's recent 5% mini-correction won't be its last this year, but stocks face potentially higher earnings and interest rate

Has Wall Street peaked too early?: McGeever
Business|Finance|Stock Markets|US

Mattel's quarterly loss smaller than expected as cost cuts pay off

Mattel posted a smaller-than-expected loss for the first quarter on Tuesday, helped by the Barbie maker's tight leash on costs while demand remains tepid for its toys.

Mattel's quarterly loss smaller than expected as cost cuts pay off
Business|Finance|Stock Markets|Technology|US

Morning Bid: Tanking Tesla reports, Europe business beats

A look at the day ahead in U.S. and global markets from Mike Dolan World markets have cheered up a bit this week, but ailing Tesla's tanking stock price faces a critical earnings test later on Tuesday

Morning Bid: Tanking Tesla reports, Europe business beats
Business|Economy|Finance|News|Stock Markets|US

Wall St stocks end higher with major corporate earnings in view

Wall Street stocks ended higher on Monday following a market sell-off in previous sessions as investors eyed a busy week for quarterly results from key companies

Wall St stocks end higher with major corporate earnings in view
Business|Technology

Netflix slips as move to end sharing subscriber count raises growth doubts

Netflix shares fell on Friday as its plan to stop sharing subscriber numbers from 2025 stoked growth worries, with analysts warning that rivals

Netflix slips as move to end sharing subscriber count raises growth doubts
Business|Economy|Finance|Stock Markets|US

Short sellers recoup losses as rally in US stocks loses steam

Short sellers have been raking it in over the last 30 days as receding bets of an early interest rate cut by the U.S.

Short sellers recoup losses as rally in US stocks loses steam
Business|Economy|Finance|News|Stock Markets|US

Stock market today: Wall Street rallies after hiring shows welcome signs of cooling

Stocks closed sharply higher on Wall Street, erasing their losses for the week, after the government reported a cooldown in hiring last month

Stock market today: Wall Street rallies after hiring shows welcome signs of cooling
Business|Finance|Stock Markets|US

Trump social media firm's rising shares pressure short-sellers, S3 says

Short-sellers in Trump Media & Technology Group are feeling the heat from the recent rally in the company's stock and the higher cost of borrowing its shares,

Trump social media firm's rising shares pressure short-sellers, S3 says
Business|Finance|US

Clorox lifts annual profit forecast on pricing benefits

Clorox Co raised its annual profit forecast on Tuesday after beating quarterly earnings expectations, banking on effects of price hikes taken to offset escalating costs.

Clorox lifts annual profit forecast on pricing benefits
Business|Technology|US

Tesla shares fall as Deutsche Bank flags risks from focus on Robotaxi

Tesla shares fell to their lowest in more than a year on Thursday after Deutsche Bank raised concerns over the electric automaker's increasing focus on its autonomous vehicle products when

Tesla shares fall as Deutsche Bank flags risks from focus on Robotaxi
Business|Finance|Stock Markets|US

United Airlines jumps after results beat 'dramatically low' expectations

United Airlines shares rose about 5.3% premarket on Wednesday, driven by an upbeat profit forecast for the second quarter and strong first-quarter results despite a $200 million hit over

United Airlines jumps after results beat 'dramatically low' expectations
Business|Finance|Stock Markets|US

JPMorgan CEO Dimon sells about $33 million shares, completes planned sale

JPMorgan Chase CEO Jamie Dimon has sold about $33 million of his shares in the bank, a regulatory filing showed on Monday, completing a previously disclosed plan to sell 1 million shares.

JPMorgan CEO Dimon sells about $33 million shares, completes planned sale
Business|Economy|Finance|Stock Markets|US

BNY Mellon quarterly results top Wall St estimates on higher services fees

Bank of New York Mellon beat Wall Street expectations on Tuesday with a 5% increase in profits, as rising asset values boosted investment services fees, more than offsetting lower interest

BNY Mellon quarterly results top Wall St estimates on higher services fees
Business|Finance|Stock Markets|Technology|US

Wall Street brokerages start Reddit coverage with skepticism on user growth

J.P.Morgan and Morgan Stanley started coverage on Reddit with equivalent to "hold" ratings, as they wait for clarity on the social media company's user growth, while staying

Wall Street brokerages start Reddit coverage with skepticism on user growth
Business|Finance|US

Evercore strategists back dour S&P 500 view, expect weaker earnings outlook

U.S. earnings estimates are likely to weaken as companies issue cautious outlooks, according to Evercore ISI strategists, who stood by their view the S&P 500

Evercore strategists back dour S&P 500 view, expect weaker earnings outlook
Business|Economy|Finance|Stock Markets|US

Surging US energy shares reflect robust growth, inflation worries

U.S. energy shares are soaring as investors benefit from rising oil prices and a stronger-than-expected economy, while seeking to protect their portfolios from

Surging US energy shares reflect robust growth, inflation worries
Business|Economy|Finance|Stock Markets|Technology|US

S&P 500, Nasdaq end sharply higher on soft inflation data, eyes on earnings

U.S. stocks closed higher on Thursday, with tech-related momentum stocks leading the charge, as fresh economic data rekindled hopes that inflation remains in a

S&P 500, Nasdaq end sharply higher on soft inflation data, eyes on earnings
Business|Economy|Finance

S&P Global revises JPMorgan's ratings outlook to 'positive'

S&P Global on Monday revised the rating outlook of JPMorgan Chase to 'positive' from 'stable', citing the strength of its sprawling lending-to-trading business that has outperformed peers.

S&P Global revises JPMorgan's ratings outlook to 'positive'
Business|Finance|Stock Markets|US

Trump's media company ticker leads to fleeting windfall for some investors

Possible confusion over the new stock symbol for former President Donald Trump's Truth Social saw some investor brokerage balances briefly jump by hundreds of

Trump's media company ticker leads to fleeting windfall for some investors
Business|Finance|Stock Markets|US

Trump's media company shares rise after stellar debut

Shares of Trump Media & Technology Group rose 11% in premarket trading on Wednesday, a day after their stellar debut.

Trump's media company shares rise after stellar debut
Business|Economy|Finance

Global IPO revival lags first quarter share sales as markets rally

Dealmaking in global equity capital markets had its strongest start in three years in 2024 as economic uncertainty waned and stocks

Global IPO revival lags first quarter share sales as markets rally
Business|Economy|Finance|Travel

Cruise operator Carnival lifts 2024 profit forecast on record demand

Carnival Corp raised its annual profit forecast on Wednesday, betting on record demand for cruise vacations as well as higher prices.

Cruise operator Carnival lifts 2024 profit forecast on record demand
Business|Finance|Stock Markets|Technology

Reddit shares surge a day after options launch, set to nearly double IPO price

Shares of social media platform Reddit jumped 11% on Tuesday, set to extend a strong run from a day earlier following the launch of options on the stock.

Reddit shares surge a day after options launch, set to nearly double IPO price
Business|Economy|Finance|Stock Markets|US|World

Morning Bid: March markets serene as Q1 peters out

A look at the day ahead in U.S. and global markets from Mike Dolan Investors appear happy to sit on punchy first quarter stock gains as March drifts to quiet finish, with the dollar back under wraps

Morning Bid: March markets serene as Q1 peters out
Business|Health

Johnson & Johnson considers deal to buy Shockwave Medical, WSJ reports

Johnson & Johnson is in talks to buy medical device maker Shockwave Medical, the Wall Street Journal reported on Tuesday.

Johnson & Johnson considers deal to buy Shockwave Medical, WSJ reports
Business|Finance|Stock Markets|Technology|US

Former Arista Networks chairman settles insider trading charges, US SEC says

Arista Networks founder and former chairman Andreas Bechtolsheim agreed to pay a civil penalty of nearly $1 million to settle insider trading charges, the U.S.

Former Arista Networks chairman settles insider trading charges, US SEC says
Asia|Finance|Stock Markets

Asia stocks mixed, yen nears intervention zone

Japanese stocks advanced amid a weakening yen on Wednesday while Chinese stocks slipped, with overall regional trading lacking strong direction in a holiday-

Asia stocks mixed, yen nears intervention zone
Economy|Finance|US

Activist Elliott has accepted Phillips 66's performance goals -CEO Lashier

Activist investor Elliott Investment Management has accepted the performance improvement plan that U.S. oil refiner Phillips 66 laid out to boost shareholder

Activist Elliott has accepted Phillips 66's performance goals -CEO Lashier
Business|Economy|Finance|Stock Markets|US

Morning Bid: Japan, China rein in buck as quarter nears end

A look at the day ahead in U.S. and global markets from Mike Dolan A holiday-shortened final week of the quarter started with a whimper in financial markets, with the buoyant dollar knocked by concern

Morning Bid: Japan, China rein in buck as quarter nears end
Business|Finance|News|Stock Markets|US

FedEx jumps on profit beat, improved margins in its largest unit

FedEx shares surged in premarket trading on Friday after the parcel giant beat estimates for quarterly profit and reported a higher operating margin at Express, its largest unit.

FedEx jumps on profit beat, improved margins in its largest unit
Business|Finance|Technology

Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut

Popular investor Cathie Wood's ARK Invest bought nearly 10,000 shares of Reddit in the social media platform's strong market debut on Thursday, an email from the asset manager showed.

Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Business|Economy|Finance|Technology

B. Riley gets Nasdaq warning after annual report delay

Nasdaq has notified B.

B. Riley gets Nasdaq warning after annual report delay
Business|Finance|US

Shake Shack names Papa John's chief as its CEO

Shake Shack said on Thursday it has named Papa John's International's CEO Rob Lynch as its chief, succeeding Randy Garutti, who is retiring after spending more than two decades at the

Shake Shack names Papa John's chief as its CEO
Business|Finance|Stock Markets|US

ETFS Capital criticizes WisdomTree strategy, launches 'withhold campaign' vs board

ETFS Capital asked shareholders of WisdomTree to abstain from re-electing some board members of the U.S. asset manager, saying its stock could surge at

ETFS Capital criticizes WisdomTree strategy, launches 'withhold campaign' vs board
Asia|Business|Economy|Finance|News

Morning bid: Powered up on Powell, yen still on the brink

A look at the day ahead in Asian markets.

Morning bid: Powered up on Powell, yen still on the brink
Business|Finance|Technology

Super Micro shares dip as AI server maker looks to raise $2 billion through equity sale

Super Micro Computer disclosed on Tuesday it will sell 2 million shares that could fetch about $2 billion, sending the artificial intelligence (AI) server maker's shares 9% lower in

Super Micro shares dip as AI server maker looks to raise $2 billion through equity sale
Business|Finance|Stock Markets|Technology

Red-hot Nvidia dips after it unveils new AI chip

Nvidia shares dipped in premarket trading on Tuesday after having more than tripled in value in the past year, as the dominant AI chip supplier unveiled its latest flagship product that is

Red-hot Nvidia dips after it unveils new AI chip
Business|Europe|Finance|Technology

Tesla shares gain after Model Y price hike in U.S., Europe

Shares of Tesla rose by nearly 7% on Monday after the automaker announced price increases for its Model Y electric vehicles across some European countries and the

Tesla shares gain after Model Y price hike in U.S., Europe
Business|Finance|Stock Markets|US

US equity funds attract inflows for third week in a row

U.S. equity funds drew inflows for a third consecutive week in the seven days to March 13, with investors optimistic about a rally on Wall Street and clinging to hopes of rate cuts this

US equity funds attract inflows for third week in a row
Business|Finance|Stock Markets|Technology

Tesla slips as Wells Fargo warns of waning effect of price cuts over demand

Tesla shares dropped about 2% on Wednesday after Wells Fargo raised concerns over the waning impact of price cuts by the world's most valuable automaker on the demand for its electric

Tesla slips as Wells Fargo warns of waning effect of price cuts over demand
Business|Economy|Finance|Stock Markets|US

Morning Bid: Oil smudges inflation view, Tesla in slow lane

A look at the day ahead in U.S. and global markets from Mike Dolan Creeping oil prices are complicating the inflation picture again, with producer inputs and retail sales updates next on the U.S.

Morning Bid: Oil smudges inflation view, Tesla in slow lane
Asia|Business|Finance|Stock Markets

Toyota becomes Asia's most shorted large-cap stock - Hazeltree

Automaker Toyota Motor Corp became the most shorted large-cap stock by hedge funds in the Asia Pacific region in February, overtaking Takeda Pharmaceutical, a report from data firm

Toyota becomes Asia's most shorted large-cap stock - Hazeltree
Economy|Finance|US

S&P 500, Nasdaq futures edge higher ahead of key inflation test

S&P 500 and Nasdaq futures inched up on Tuesday ahead of U.S. consumer prices data that could provide insight on whether inflation has eased enough for the Federal Reserve to lower

S&P 500, Nasdaq futures edge higher ahead of key inflation test
Finance|Stock Markets|US

Morning Bid: Inflation thermometer tops market dashboard

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street seems to have lost direction in another shaky start to the week for some of its megacap stocks and now needs some

Morning Bid: Inflation thermometer tops market dashboard
Business|Finance|Stock Markets|Technology

Arm's shares rise as Wall Street eyes IPO lock-up expiration

Shares of Arm Holdings, the British chip designer backed by Softbank Group, gained 1.6% to $128.77 on Tuesday as markets braced for increased trading activity

Arm's shares rise as Wall Street eyes IPO lock-up expiration
Business|Economy|Finance|Stock Markets|US

Analysis-US stocks may not be in a bubble, but a pullback could be near

Some market participants believe the relentless U.S. stock rally is poised for a breather, even if it remains unclear whether equities are in a bubble or a

Analysis-US stocks may not be in a bubble, but a pullback could be near
Business|Finance|Stock Markets|US

Morning Bid: Nvidia, Nikkei knocked - China dodges deflation

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street's most bizarre reaction to the relatively benign U.S. employment report on Friday was a late selloff in stellar Nvidia -

Morning Bid: Nvidia, Nikkei knocked - China dodges deflation
Business|Finance|News|Stock Markets|US

S&P index error may have sparked turbulence in Morgan Stanley, Pfizer shares, traders say

An error by S&P Dow Jones Indices may have contributed to volatility in shares of Morgan Stanley, Pfizer, PNC Financial Services Group and other stocks

S&P index error may have sparked turbulence in Morgan Stanley, Pfizer shares, traders say
Business|Finance|Stock Markets|Technology

Nvidia on cusp of overtaking Apple as second-most-valuable company

Nvidia is nipping at the heels of Apple to become the world's second-most-valuable company, as investors cannot get enough of the semiconductor maker whose chips power

Nvidia on cusp of overtaking Apple as second-most-valuable company
Asia|Business|Finance|Stock Markets

Morning Bid: Global market sunshine to pierce China clouds

A look at the day ahead in Asian markets.

Morning Bid: Global market sunshine to pierce China clouds
Business|Finance|Stock Markets|US

Gap's upbeat quarterly results show improving demand for Old Navy apparel

Gap beat Wall Street expectations for fourth-quarter results on Thursday, buoyed by strong demand on improved product offerings at its Old Navy and namesake brands during the holiday season

Gap's upbeat quarterly results show improving demand for Old Navy apparel
Business|Finance|Stock Markets

Costco stock set for worst day in near two years on quarterly revenue miss

Costco's shares were down over 7% on Friday and set for its worst day since May 2022 after the membership-only retail chain missed second-quarter revenue expectations and signaled a

Costco stock set for worst day in near two years on quarterly revenue miss
Business|Finance|US

NYCB seeks to stem stock rout with Mnuchin-backed $1 billion capital injection

New York Community Bancorp's shares rose on Thursday after a $1 billion infusion from a consortium of prominent investors led by former U.S.

NYCB seeks to stem stock rout with Mnuchin-backed $1 billion capital injection
Business|Finance|Stock Markets|US

Foot Locker shares plummet as planned investments weigh on profit outlook

Shares of Foot Locker slumped about 27% on Wednesday after the retailer projected 2024 profit below Wall Street expectations, hurt by a planned ramp-up in investments across its business

Foot Locker shares plummet as planned investments weigh on profit outlook
Business|Finance|Stock Markets|Technology

GitLab shares drop as 'less conservative' forecast disappoints investors

GitLab shares fell 24% on Tuesday after the software developer forecast full-year 2025 revenue and profit below Wall Street estimates, citing a cautious spending

GitLab shares drop as 'less conservative' forecast disappoints investors
Business|Finance|Health|Stock Markets

Dialysis firms gain as Ozempic kidney trial data disappoints

Shares of dialysis services providers jumped in early trading on Tuesday after Novo Nordisk's popular diabetes drug Ozempic fell short of some expectations when tested on patients with

Dialysis firms gain as Ozempic kidney trial data disappoints
Business|Finance|Stock Markets|Technology

Super Micro shares jump as AI-bet gears up for S&P 500 entry

Shares of Super Micro Computer jumped 12% in premarket trading on Monday after the artificial-intelligence server maker was set to join the S&P 500 index, highlighting the growing

Super Micro shares jump as AI-bet gears up for S&P 500 entry
Business|Finance|Stock Markets

Macy's surges after investor group sweetens take-private bid to $6.6 billion

Macy's shares jumped 16% before the bell on Monday after investors Arkhouse Management and Brigade Capital sweetened their take-private bid over the weekend, valuing the

Macy's surges after investor group sweetens take-private bid to $6.6 billion
Business|Finance|Stock Markets|Technology

SoundHound AI shares fall as disappointing results temper rally

Shares of SoundHound AI Inc slumped as much as 25% on Friday after the AI voice provider posted a downbeat quarter, taking some shine off a bumper rally last month fueled by surging

SoundHound AI shares fall as disappointing results temper rally
Business|Finance|Stock Markets|Technology|US

Nvidia set to close with $2 trillion valuation as Dell stokes AI rally

Nvidia's stock market value was on track to close above $2 trillion for the first time on Friday after an upbeat report from Dell Technologies reignited Wall Street's AI-

Nvidia set to close with $2 trillion valuation as Dell stokes AI rally
Business|Finance|Technology

Boeing in talks to buy Spirit Aero, WSJ reports

Boeing Co is in talks to buy 737 fuselage maker Spirit AeroSystems, the Wall Street Journal reported on Friday.

Boeing in talks to buy Spirit Aero, WSJ reports
Business|Finance|Stock Markets|US

As NYCB's shares dive, options traders prepare for worse

The latest knock to the shares of New York Community Bancorp sent traders in the options market looking for defensive positions with renewed gusto on Friday.

As NYCB's shares dive, options traders prepare for worse
Business|Celebrity|Finance

WeightWatchers shares drop as Oprah Winfrey decides to exit board

Shares of WW International, also known as WeightWatchers, took a pounding after the company disclosed that media icon Oprah Winfrey will exit its board later this year.

WeightWatchers shares drop as Oprah Winfrey decides to exit board
Business|Finance|Stock Markets|Technology

Tech rally, AI excitement drive strong inflows into global equity funds

Global equity funds drew substantial inflows in the seven days to Feb. 28, driven by a rally in stock markets and greater investor interest in technology stocks, particularly after

Tech rally, AI excitement drive strong inflows into global equity funds
Business|Finance|Stock Markets|Technology

Retail investors' AI bet C3.ai's shares climb on strong results, forecast

C3.ai's shares jumped about 18% in premarket trading on Thursday after strong demand for AI software helped the company deliver third-quarter results ahead of analyst expectations and

Retail investors' AI bet C3.ai's shares climb on strong results, forecast
Business|Economy|Finance|US

New York Community Bancorp appoints Alessandro Dinello as CEO

New York Community Bancorp said on Thursday it has appointed Alessandro Dinello as president and chief executive officer.

New York Community Bancorp appoints Alessandro Dinello as CEO
Asia|Business|Finance

Marketmind: Markets buoyant, but China PMIs await

A look at the day ahead in Asian markets.

Marketmind: Markets buoyant, but China PMIs await
Europe|Finance|Stock Markets|Technology

Investors swarm into tech stocks and crypto - BofA

Investors poured the most cash into technology stocks since August in the week to Wednesday and doubled the amount they put into cryptocurrencies, according to a report on Friday

Investors swarm into tech stocks and crypto - BofA
Business|Finance|Stock Markets|Technology

Duolingo stock soars as online learning surge and AI boost forecast

Language learning platform Duolingo's shares surged more than 20% in premarket trading on Thursday as the company forecast better-than-expected 2024 revenue on the back of a shift to

Duolingo stock soars as online learning surge and AI boost forecast
Business|Finance|Stock Markets|Technology

Analysis-Wall Street hunts for more AI gold after Nvidia’s soaring rally

Money managers are scrambling to cash in on the stock market’s interest in artificial intelligence, as a stunning rally by Nvidia sparks a search for other

Analysis-Wall Street hunts for more AI gold after Nvidia’s soaring rally
Business|Entertainment|Finance

Theater chain AMC beats quarterly revenue estimates

AMC Entertainment on Wednesday surpassed Wall Street estimates for quarterly revenue as concert films from pop stars Taylor Swift and Beyonce drew people to its theaters, cushioning the

Theater chain AMC beats quarterly revenue estimates
Business|Finance|Stock Markets|US

Marketmind: Anxious bonds catch a bid as Mideast eyed

A look at the day ahead in U.S. and global markets from Mike Dolan With stocks holding the bulk of recent stellar gains, more anxious bonds are back in focus - but Treasuries caught a decent break

Marketmind: Anxious bonds catch a bid as Mideast eyed
Business|Finance|News|Science|Technology

Intuitive Machines shares tumble as moon mission nears premature end

Shares of Intuitive Machines fell 24% on Tuesday as the company's lunar mission neared a premature end after a sideways touchdown hindered communications and solar charging capability of

Intuitive Machines shares tumble as moon mission nears premature end
Business

Applied Materials receives subpoena from SEC on China shipments

Semiconductor equipment supplier Applied Materials received a subpoena from the U.S.

Applied Materials receives subpoena from SEC on China shipments
Business|Finance|Technology

Hedge funds call time on tech rally, Goldman Sachs says

Global hedge funds sold tech stocks at their highest pace in almost eight months in the week to Feb.

Hedge funds call time on tech rally, Goldman Sachs says
Business|Finance|Stock Markets|Technology

SPDR S&P 500 ETF tops record $500 billion in assets as Nvidia soars

A staggering rise in shares of chipmaker Nvidia helped the SPDR S&P 500 ETF Trust become the first exchange traded fund to top $500 billion in assets, market participants

SPDR S&P 500 ETF tops record $500 billion in assets as Nvidia soars
Business|Finance|News|Stock Markets|US

Marketmind: Record world stocks leave bonds in gloom

A look at the day ahead in U.S. and global markets from Mike Dolan Global stocks captured by MSCI's all-country index surpassed 2022's peaks on Friday and soared to new records - leaving bonds unloved

Marketmind: Record world stocks leave bonds in gloom
Business|Economy|Finance|Stock Markets

Investors still flock to cash as stocks hit record highs

Investors poured cash into money market funds at the fastest pace on record in the first weeks of the year, and funnelled another $15 billion into equities in the week to Wednesday,

Investors still flock to cash as stocks hit record highs
Business|Economy|Finance|News|Stock Markets|US

Global equity funds see outflows amid inflation concerns

Investors reduced their holdings in global equity funds in the seven days up to Feb. 21 as unexpected robust inflation data tempered expectations for an imminent Federal Reserve rate cut.

Global equity funds see outflows amid inflation concerns
Business|Finance|Stock Markets

JPMorgan CEO Dimon sells about $150 million of his shares, SEC filing says

JPMorgan Chase CEO Jamie Dimon has sold about $150 million of his shares in the bank, a SEC filing showed.

JPMorgan CEO Dimon sells about $150 million of his shares, SEC filing says
Economy|Finance|US

Column-Everlasting love? US savers seem wedded to stocks: Mike Dolan

Record peaks, pricey valuations, narrow markets, frenzied tech bandwagons and even punchy alternatives in bonds - all surely gnaw at U.S. household savers to lighten

Column-Everlasting love? US savers seem wedded to stocks: Mike Dolan
Australia|Business|Finance|Stock Markets|US

Piedmont Lithium to sell remaining stake in Sayona Mining for $39 million

U.S. miner Piedmont Lithium said on Wednesday it would sell its remaining shares in Australian miner Sayona Mining for about A$59.9 million ($39.28 million).

Piedmont Lithium to sell remaining stake in Sayona Mining for $39 million
Business|Finance|Stock Markets

Oil refiner HF Sinclair posts profit ahead of estimates on upbeat margins

HF Sinclair beat Wall Street estimates for fourth-quarter profit on Wednesday, helped by better-than-expected refining margins and throughput.

Oil refiner HF Sinclair posts profit ahead of estimates on upbeat margins
Asia|Business|Economy|Finance|News

Nvidia to set the tone

A look at the day ahead in Asian markets.

Nvidia to set the tone
Business|Finance|Stock Markets|Technology|US

GRAPHIC: Nvidia’s growing sway over U.S. stock market

No single stock has embodied the U.S. market’s artificial intelligence fervor as much as Nvidia Corp, leaving Wall Street tied to the

GRAPHIC: Nvidia’s growing sway over U.S. stock market
Asia|Business|Economy|Finance|Stock Markets|World

FACTBOX-Japan's Nikkei then and now, as shares near '89 record

Japan's benchmark Nikkei stock index is nearing its all-time high of 38,957.44 set on Dec. 29, 1989 in the heady days of the country's bubble economy.

FACTBOX-Japan's Nikkei then and now, as shares near '89 record
Business|Finance|Stock Markets|US

Nvidia's stock rally sputters ahead of quarterly report

A scorching rally in Nvidia's shares this year came to a halt on Tuesday as investors worried if the high-flying chip designer's quarterly results would justify its towering valuation.

Nvidia's stock rally sputters ahead of quarterly report
Asia|Business|Economy|Finance|Stock Markets

Marketmind: Chips off the table ahead of Nvidia

A look at the day ahead in Asian markets.

Marketmind: Chips off the table ahead of Nvidia
Business|Economy|Finance|Stock Markets

Goldman Sachs lifts 2024 S&P 500 target to 5,200 on upbeat profit outlook

Goldman Sachs raised its year-end target for the benchmark S&P 500 to 5,200, reflecting roughly a 4% upside from current levels, citing an improved earnings outlook for the index companies

Goldman Sachs lifts 2024 S&P 500 target to 5,200 on upbeat profit outlook
Business|Finance|Stock Markets

Goldman raises global equities to 'overweight' on economic growth prospects

Goldman Sachs upgraded its rating on global equities to "overweight" on prospects of economic growth and recovery in manufacturing activity, after starting the year with a "neutral" rating

Goldman raises global equities to 'overweight' on economic growth prospects
Asia|Business|Economy|Finance|News|Stock Markets

Asia stocks struggle even as China slashes rates

Asian shares were pinned below 1-1/2 month highs on Tuesday as even a larger-than-expected interest rate cut in China failed to excite investors jaded at the

Asia stocks struggle even as China slashes rates
Asia|Business|Economy|Finance|Stock Markets

Asia shares cautious as inflation dashes rate cut hopes

Asian shares got off to a slow start on Monday as fading chances for early rate cuts globally soured the mood, though investors are hoping China markets return from

Asia shares cautious as inflation dashes rate cut hopes
Business|Economy|Finance|Stock Markets|US

Marketmind: Global stocks at two-year highs, Nikkei skirts record

A look at the day ahead in U.S. and global markets from Mike Dolan A confusing mix of red hot stock markets, chilly U.S. economic updates and hawkish Federal Reserve noises make for a foggy end to the

Marketmind: Global stocks at two-year highs, Nikkei skirts record
Business|Finance|US

Home Depot 2024 forecast in focus as investors pin hopes on sales recovery

Home Depot's annual forecast will be the prime focus for investors when the U.S. home improvement bellwether reports fourth-quarter results on Tuesday, as they scour

Home Depot 2024 forecast in focus as investors pin hopes on sales recovery
Business|Finance|Stock Markets|Technology

High-flying Nvidia’s earnings could test US stock market’s AI dreams

Next week’s earnings report from chipmaker Nvidia could prove a gut check for one of the market’s hottest names, and for the artificial

High-flying Nvidia’s earnings could test US stock market’s AI dreams
Business|Finance|US

Wells Fargo says OCC terminated 2016 consent order

Wells Fargo said on Thursday the Office of the Comptroller of the Currency (OCC) had terminated a 2016 consent order regarding the bank's sales practice misconduct.

Wells Fargo says OCC terminated 2016 consent order
Business|Finance|US

Soros Fund, AQR, Millennium bought NYCB shares in Q4

A number of well-known fund managers bought shares of New York Community Bancorp in the fourth quarter of 2023, securities filings showed, before the troubled

Soros Fund, AQR, Millennium bought NYCB shares in Q4
Business|Finance|Technology|US

Nvidia's scorching shares drew hedge funds in Q4, filings show

Several well-known funds jumped into shares of chipmaker Nvidia at the end of last year, securities filings showed on Wednesday, potentially setting themselves up

Nvidia's scorching shares drew hedge funds in Q4, filings show
Business|Economy|Finance|US

Marketmind: Tech-led U.S. 'exceptionalism' underlined

A look at the day ahead in U.S. and global markets from Mike Dolan If you needed an illustration of U.S. economic "exceptionalism", then simply contrast its still-booming economy with this week's news

Marketmind: Tech-led U.S. 'exceptionalism' underlined
Business|Finance|Stock Markets|Technology|US

Digital World shares surge as U.S. regulators clear way for merger with Trump's media firm

Shares of Digital World Acquisition Corp soared nearly 30% on Thursday after regulators cleared the way for its merger with former U.S. President Donald Trump's social media platform.

Digital World shares surge as U.S. regulators clear way for merger with Trump's media firm
Business|Stock Markets|Technology

Cisco falls on tepid networking gear demand amid AI focus

Cisco Systems fell more than 4% premarket on Thursday after the networking equipment maker reduced its annual revenue forecast and rolled out job cuts as it battles sluggish demand from

Cisco falls on tepid networking gear demand amid AI focus
Business|Finance|Health|Stock Markets|Technology

Arm, SoundHound AI shares jump as Nvidia builds stake

Nvidia's bet on smaller AI firms from healthcare companies Nano-X Imaging and Recursion to chipmaker Arm Holdings boosted their shares in premarket trading on Thursday.

Arm, SoundHound AI shares jump as Nvidia builds stake
Business|Finance|Technology|US

AI mentions rise in S&P 500 earnings calls, Goldman says

The number of S&P 500 companies discussing artificial intelligence has climbed to a new high in fourth-quarter conference calls, Goldman Sachs strategists said,

AI mentions rise in S&P 500 earnings calls, Goldman says
Business|Finance|Stock Markets|US

Robinhood surges on surprise Q4 profit, strong 2024 revenue growth forecast

Shares of Robinhood surged 12% in premarket trading on Wednesday, after the retail-investor brokerage reported a surprise profit in the fourth quarter and said it expects strong revenue

Robinhood surges on surprise Q4 profit, strong 2024 revenue growth forecast
Business|Finance|Technology|US

Lyft rises as cost cuts to drive positive free cash flow in 2024

Lyft shares surged more than 21% on Wednesday before the bell after the ride-hailing company said cost cuts would help it generate positive free cash flow for the first time

Lyft rises as cost cuts to drive positive free cash flow in 2024
Asia|Business|Economy|Finance|News

Japan GDP on tap, yen hugs 150.00/$

A look at the day ahead in Asian markets.

Japan GDP on tap, yen hugs 150.00/$
Business|Finance|Stock Markets|US

Berkshire sheds some holdings, mum on new investment

Berkshire Hathaway on Wednesday said it has shed three of its common stock holdings, as the conglomerate controlled by Warren Buffett remained silent on what could be a major new

Berkshire sheds some holdings, mum on new investment
Business|Finance|Stock Markets|Technology

Hunt for ‘next Nvidia’ draws options traders to Arm’s soaring stock

The craze for artificial intelligence stocks sent options traders piling into bets on Arm Holdings on Monday, with many positioning for more gains in the

Hunt for ‘next Nvidia’ draws options traders to Arm’s soaring stock
Business|Finance|Stock Markets

Hedge funds buy stocks amid 'almost no panic' market, says Goldman

Global hedge funds bought more stocks than they sold for the second consecutive week, mainly in the so-called cyclical sectors, such as energy, industrials and

Hedge funds buy stocks amid 'almost no panic' market, says Goldman
Business|Economy|Finance|Stock Markets|US

Hammered NYCB shares rise on confidence-boosting steps by top executives

New York Community Bancorp shares rose before the bell on Tuesday on turnaround hopes after top executives took steps to boost confidence in the lender grappling with a pile of loans tied

Hammered NYCB shares rise on confidence-boosting steps by top executives
Business|Economy|Finance|Stock Markets|US

Futures ease on caution ahead of inflation data

U.S. stock index futures slipped on Tuesday with investors stepping to the sidelines ahead of an inflation print that could threaten to halt recent investor enthusiasm and offer clues on

Futures ease on caution ahead of inflation data
Business|Finance|Stock Markets|Technology

Arm Holdings jumps over 40%, adds to staggering AI-powered rally

Shares of Arm Holdings surged more than 40% on Monday, adding to a staggering rally fueled by optimism around artificial intelligence.

Arm Holdings jumps over 40%, adds to staggering AI-powered rally
Business|Finance|Stock Markets|US

S&P 500 Q4 2023 earnings growth now seen at 9% year over year -LSEG

With results in from about two-thirds of companies, fourth-quarter 2023 S&P 500 earnings growth is now seen at 9.0%, almost double a Jan. 1 forecast for

S&P 500 Q4 2023 earnings growth now seen at 9% year over year -LSEG
Business|Finance|Health

Moderna shares slide as longer-term data shows quick fall in RSV vaccine efficacy

Moderna shares fell 6% on Friday after a longer-term analysis of a trial indicated a quicker fall in the efficacy of its experimental respiratory syncytial virus (RSV) vaccine.

Moderna shares slide as longer-term data shows quick fall in RSV vaccine efficacy
Business|Economy|Finance|Stock Markets|Technology|US

Marketmind: Record Wall St holds, inflation revision eyed

A look at the day ahead in U.S. and global markets from Mike Dolan Having briefly cracked the 5,000 point milestone for the first time on Thursday, Wall Street's S&P500 looks set to hold the line and

Marketmind: Record Wall St holds, inflation revision eyed
Business|Finance|Stock Markets

Weak IQOS shipments drive Philip Morris' Q4 disappointment

Philip Morris International on Thursday missed estimates for fourth quarter profit and forecasts for 2024, with slowing sales of its flagship heated tobacco product IQOS in particular

Weak IQOS shipments drive Philip Morris' Q4 disappointment
Business|Economy|Finance|Stock Markets|US

US oil refiners beat Wall Street bets, expect demand to grow in 2024

Major U.S. fuelmakers beat Wall Street's earnings expectations in the fourth quarter on strong refining margins and operating performance, and they predicted profits

US oil refiners beat Wall Street bets, expect demand to grow in 2024
Business|Economy|Finance|News

NYSE-parent ICE's profit rises as commodity markets boost trading volumes

Intercontinental Exchange reported a higher fourth-quarter profit on Thursday as trading volumes at the New York Stock Exchange parent surged, driven by strong growth in commodity and

NYSE-parent ICE's profit rises as commodity markets boost trading volumes
Business|Finance|US

NYCB shares slide on investor jitters despite promise to cut CRE exposure

New York Community Bancorp shares fell 6% before the bell on Thursday as the lender struggles to regain investor confidence despite promising steps to cut its exposure to the troubled

NYCB shares slide on investor jitters despite promise to cut CRE exposure
Business|Finance|Stock Markets|Technology

Motorola Solutions falls on weak full-year profit forecast

Motorola Solutions forecast full-year adjusted profit below expectations on Thursday, taking the sheen off strong results and additional stock buyback, sending its shares down 5% in choppy

Motorola Solutions falls on weak full-year profit forecast
Business|Finance|US

New York Community Bancorp names new executive chair

Embattled lender New York Community Bancorp on Wednesday named Alessandro DiNello, a banking industry veteran who had joined its board after the lender bought Flagstar Bank in 2022, as its

New York Community Bancorp names new executive chair
Business|Finance|Stock Markets

Mattel misses holiday-quarter estimates, sees dull 2024 sales on tepid toy demand

Mattel missed market estimates for holiday-quarter sales and profit, and forecast tepid 2024 sales on Wednesday as soft demand for toys overshadows gains from its blockbuster movie "Barbie

Mattel misses holiday-quarter estimates, sees dull 2024 sales on tepid toy demand
Business|Europe

Marketmind: Waiting for Beijing to get real on markets

A look at the day ahead in European and global markets from Wayne Cole.

Marketmind: Waiting for Beijing to get real on markets
Business|Economy|Food|Technology

'Long and tedious journey': companies sour on China outlook

Some of the world's top food, drinks and tech companies have struck a sour tone about Chinese demand, deepening investor worries about

'Long and tedious journey': companies sour on China outlook
Business|Economy|Finance|Stock Markets|US

Coca-Cola set to gain edge over PepsiCo in Q4 on fewer price hikes

Coca-Cola is set to record stronger sales and profit growth in the fourth quarter compared to PepsiCo as it lured more price-conscious consumers with fewer price

Coca-Cola set to gain edge over PepsiCo in Q4 on fewer price hikes
Business|Finance|Technology

Apple defeats lawsuit claiming it overpaid CEO Tim Cook, others

A federal judge on Wednesday dismissed a lawsuit accusing Apple of overpaying Chief Executive Tim Cook and other top executives by tens of millions of dollars

Apple defeats lawsuit claiming it overpaid CEO Tim Cook, others
Business|Economy|Finance|Stock Markets|US

New York Community Bancorp stock value set to halve as slump extends

Shares of New York Community Bancorp plummeted another 11% on Tuesday, stretching a sell-off since the lender reported a surprise quarterly loss last week that puts the stock on track to

New York Community Bancorp stock value set to halve as slump extends
Business|Finance|Technology

Palantir forecasts strong 2024 profit on robust AI demand, shares jump

Palantir Technologies forecast 2024 profit above Wall Street estimates and reported its "first profitable year" on Tuesday on strong demand for its AI offerings, sending

Palantir forecasts strong 2024 profit on robust AI demand, shares jump
Business|Finance|Stock Markets|Technology

Nvidia eyes fresh record as Goldman Sachs bullish on AI prospects

Nvidia's shares were set to scale a new peak on Monday after Goldman Sachs raised its price target for the high-flying chipmaker's stock in anticipation of a major boost to its earnings

Nvidia eyes fresh record as Goldman Sachs bullish on AI prospects
Business|Finance|Stock Markets|US

Global hedge funds remain short, ready for further US banking turmoil -JPMorgan

Global hedge funds were poised to profit from the plunge that occurred in U.S. regional banking stocks last week, according to a JPMorgan prime brokerage note to

Global hedge funds remain short, ready for further US banking turmoil -JPMorgan
Business|Finance|Stock Markets|US

Fourth-quarter US earnings estimate improving quickly

The U.S. fourth-quarter earnings estimate is improving sharply, with about 80% of reports so far beating analysts' expectations including ones this week from Meta Platforms and

Fourth-quarter US earnings estimate improving quickly
Business|Economy|Finance|Stock Markets|US

US equity funds draw inflows amid positive economic and inflation data

U.S. equity funds saw renewed investor interest in the seven days leading to Jan. 31, propelled by encouraging signs of economic growth and a cooling inflation rate.

US equity funds draw inflows amid positive economic and inflation data
Business|Finance|Stock Markets|US

Quotes: Regional bank selloff continues as New York Community Bancorp slumps

A sell-off in shares of U.S. regional banks continued on Thursday, adding to losses from a day earlier when a surprise loss and a 70% divided cut from New York Community Bancorp renewed

Quotes: Regional bank selloff continues as New York Community Bancorp slumps
Business|Finance|Stock Markets|Technology|US

Nasdaq futures jump on tech earnings cheer ahead of jobs data

Nasdaq futures climbed 1% on Friday as investors cheered strong quarterly reports from Meta Platforms and Amazon.com and keenly awaited a crucial jobs print at the end of a week marked by

Nasdaq futures jump on tech earnings cheer ahead of jobs data
Business|Finance|Stock Markets|Technology

Meta shares jump after first-ever dividend plan, 'Year of Efficiency' pays off

Meta surged 17% in premarket trading on Friday as the Facebook parent's first dividend declaration and robust results increased expectations of strong returns from its investments in "

Meta shares jump after first-ever dividend plan, 'Year of Efficiency' pays off
Business|Economy|Finance|Stock Markets|US

Marketmind - Tech and Tnotes: Meta surges and jobs eyed

A look at the day ahead in U.S. and global markets from Mike Dolan Groundhog Day for investors dawns with the familiar sight of twin gains in tech stocks and Treasuries.

Marketmind - Tech and Tnotes: Meta surges and jobs eyed
Business|Finance|Stock Markets|US

Corteva shares jump on upbeat Q4 profit, demand improvement in 2024

Corteva's shares jumped 16% on Thursday, after the U.S. agricultural chemical firm topped Wall Street expectations for fourth-quarter profit backed by strong seed prices.

Corteva shares jump on upbeat Q4 profit, demand improvement in 2024
Business|Finance|Stock Markets|Technology

Amazon soars as AI, retail strength power revenue growth

Amazon.com shares jumped 6% before the bell on Friday after the e-commerce heavyweight reported higher-than-expected holiday-quarter sales and profited from its fast-growing AI-powered

Amazon soars as AI, retail strength power revenue growth
Business|Finance|Stock Markets|US

Regional banks hit after New York Community Bancorp cuts dividend after loss

New York Community Bancorp shares fell as much as 46% to their lowest in over two decades on Wednesday after the lender slashed its dividend and posted a surprise loss for the fourth

Regional banks hit after New York Community Bancorp cuts dividend after loss
Business|Economy|Finance|Technology

New US ETF targets 'Magnificent Seven' mega-cap technology stocks

Tidal Financial Group and ZEGA Financial launched a new exchange-traded fund (ETF) designed to profit from future growth in the "Magnificent Seven" growth and technology

New US ETF targets 'Magnificent Seven' mega-cap technology stocks
Business|Economy|Finance|US

Moody's puts New York Community Bancorp on review for downgrade

Ratings agency Moody's on Wednesday placed all long-term and short-term ratings and assessments of New York Community Bancorp and its subsidiary, Flagstar Bank, on review for a downgrade.

Moody's puts New York Community Bancorp on review for downgrade
Business|Finance|Stock Markets|US

Factbox-US mid-sized banks with over or close to $100 billion in assets

Regional U.S. banks' shares sank on Wednesday, dragged down by a 46% plunge in the shares of New York Community Bancorp after it cut its dividend and posted a surprise loss.

Factbox-US mid-sized banks with over or close to $100 billion in assets
Business|Economy|Finance|Stock Markets|US

Marketmind: Megacaps stumble at high bar as Fed decision awaited

A look at the day ahead in U.S. and global markets from Mike Dolan It's a measure of the high bar of expectations now set for the expensive megacap U.S. stocks that even relatively positive earnings

Marketmind: Megacaps stumble at high bar as Fed decision awaited
Business|Technology

Investors punish Microsoft, Alphabet as AI returns fall short of lofty expectations

Tech giants on Tuesday talked up how customers are lapping up their generative AI-powered products, but mounting costs of developing the cutting-edge features irked investors hoping for a

Investors punish Microsoft, Alphabet as AI returns fall short of lofty expectations
Business|Finance|Stock Markets|Technology

Supermicro shares jump after revenue forecast raise re-ignites AI rally

Super Micro Computer shares rose nearly 11% before the bell on Tuesday after the artificial intelligence server maker delivered blowout quarterly results and raised its full-year revenue

Supermicro shares jump after revenue forecast raise re-ignites AI rally
Asia|Business|Economy|Finance|Stock Markets

Hedge funds lap up China stocks at fastest pace in 5 years - Goldman

Hedge funds snapped up battered Chinese stocks over three days last week at the fastest pace in more than five years, Goldman Sachs wrote in a note to clients.

Hedge funds lap up China stocks at fastest pace in 5 years - Goldman
Business|Economy|Finance|Stock Markets|US

Futures muted ahead of Fed decision, tech earnings this week

U.S. main index futures were subdued at the start of a week packed with major events including the Federal Reserve's rate decision and big-ticket tech earnings that could set the tone for

Futures muted ahead of Fed decision, tech earnings this week
Business|Finance|News|Stock Markets|US

Food distributor Sysco misses Q2 sales estimates on slowing demand

Sysco missed Wall Street expectations for its second-quarter sales on Tuesday, as demand for custom meat cuts and high-quality seafood petered out in the face of still-high inflation.

Food distributor Sysco misses Q2 sales estimates on slowing demand
Business|Economy|Finance|Stock Markets

Analysis-Stock pickers power up battered renewables as rates fall

Clean energy stocks might be in for a much-needed recharge this year as bets on interest rate cuts brighten their outlook following record outflows from this former

Analysis-Stock pickers power up battered renewables as rates fall
Asia|Business|Finance|Stock Markets

Analysis-China's cratering markets drive mainstay retail investors away

Small Chinese investors are scrambling even harder than foreigners to exit the country's crumbling stock markets, sending premiums on global index funds skyrocketing as they

Analysis-China's cratering markets drive mainstay retail investors away
Business|Economy|Finance|US

AmEx forecasts upbeat 2024 profit as credit card spending stays resilient

American Express forecast a better-than-expected profit for 2024 on hopes that its affluent customers will be resilient with their spending amid elevated

AmEx forecasts upbeat 2024 profit as credit card spending stays resilient
Business|Economy|Finance|Stock Markets|US

Marketmind: PCE in our time as US economy impresses

A look at the day ahead in U.S. and global markets from Mike Dolan There was little for markets to dislike in the impressive sweep of U.S. economic and corporate healthchecks on Thursday - unless of

Marketmind: PCE in our time as US economy impresses
Asia|Business|Economy|Finance|News

Marketmind: Global cheer lifts that Friday feeling

A look at the day ahead in Asian markets.

Marketmind: Global cheer lifts that Friday feeling
Business|Finance|Stock Markets|Technology|US

IBM shares soar to over 10-year high on rosy AI outlook

Shares of IBM rose 12% to a more than 10-year high on Thursday after the company reported a better-than-expected outlook on its revenue backed by strong demand

IBM shares soar to over 10-year high on rosy AI outlook
Business|Finance|Stock Markets|Technology|US

Tesla tumbles after CEO Elon Musk warns of slower growth in 2024

Tesla tumbled 7% on Thursday after CEO Elon Musk warned sales growth would slow this year despite price cuts that have already hurt margins and raised investor concerns at

Tesla tumbles after CEO Elon Musk warns of slower growth in 2024
Business|Finance|Stock Markets|Technology|US

Microsoft hits $3 trillion market value, second to Apple

Microsoft's stock market value crossed the $3 trillion milestone for the first time on Wednesday, retaining its place as the world's second most valuable company,

Microsoft hits $3 trillion market value, second to Apple
Business|Finance|Stock Markets|Technology|US

Marketmind: Tesla pothole as ECB and GDP awaited

A look at the day ahead in U.S. and global markets from Mike Dolan Tesla, the first of the so-called 'Magnificent Seven' U.S. megacap stocks to report fourth-quarter earnings, hit a another pothole

Marketmind: Tesla pothole as ECB and GDP awaited
Business|Economy|Finance|Stock Markets|Technology

Futures stall ahead of economic data; Tesla slides on growth warning

Futures tracking the S&P 500 and the Nasdaq were subdued on Thursday, as investors paused after a technology-fueled Wall Street rally to size up a slew of key economic data, while Tesla

Futures stall ahead of economic data; Tesla slides on growth warning
Asia|Business|Economy|Finance

China stocks bounce loses steam; focus turns to ECB

Asian stocks traded cautiously and bonds fell on Thursday while investors waited on more detail of China's stimulus plans and for a European Central Bank meeting

China stocks bounce loses steam; focus turns to ECB
Business|Economy|Finance|Stock Markets|US

Ameriprise Financial's Q4 profit rises as fees, AUM climb

Ameriprise Financial reported a rise in fourth-quarter adjusted profit on Wednesday, as the financial adviser benefited from higher fees and assets under management.

Ameriprise Financial's Q4 profit rises as fees, AUM climb
Business|Finance|Stock Markets

ADM shares tumble on CFO probe, profit forecast cut

Shares of Archer-Daniels-Midland tumbled 12% in premarket trading on Monday after the company placed its CFO Vikram Luthar on administrative leave for an investigation and cut its full-

ADM shares tumble on CFO probe, profit forecast cut
Finance|Stock Markets|Technology

Super Micro Computer shares surge as AI server demand powers big forecast raise

Shares of Super Micro Computer jumped about 25% to a record high on Friday after the company projected quarterly results well above its current estimates due to strong

Super Micro Computer shares surge as AI server demand powers big forecast raise
Business|Finance|Stock Markets|Technology|US

Marketmind: Hot chips, China dips and UK retail swoons

A look at the day ahead in U.S. and global markets from Mike Dolan A fresh burst of chipmaker excitement around artificial intelligence and some punchy U.S. jobs data have reinvigorated Wall St and

Marketmind: Hot chips, China dips and UK retail swoons
Business|Finance|Stock Markets|Technology

Tesla, Ford take top spots as most shorted stocks in 2023 - Hazeltree

Hedge funds took the most bets against auto companies Tesla, Ford, and communications company Charter Communications in 2023, a report by data firm Hazeltree said

Tesla, Ford take top spots as most shorted stocks in 2023 - Hazeltree
Business|Finance|Stock Markets|US

Coatings maker PPG Industries beats fourth-quarter profit estimates

PPG Industries beat Wall Street estimates for fourth-quarter profit on Thursday, as the industrial coatings maker benefited from increased sales of vehicles as well as strength in its

Coatings maker PPG Industries beats fourth-quarter profit estimates
Asia|Economy|Finance

Asia stocks struggle as China drags, rate cut bets dwindle

Asian shares were off to a tepid start on Thursday, weighed down by a murky economic outlook in China and expectations the global rate easing cycle may not come as

Asia stocks struggle as China drags, rate cut bets dwindle
Business|Finance|Stock Markets|US

Spirit Airlines stock dips after US judge blocks $3.8 billion merger with JetBlue

Shares of ultra-low-cost carrier Spirit Airlines fell 10% in premarket trade on Wednesday, a day after a U.S. judge blocked the airline's planned $3.8 billion merger with rival JetBlue

Spirit Airlines stock dips after US judge blocks $3.8 billion merger with JetBlue
Asia|Business|Finance|Technology

TSMC's Q4 profit to slide 23%, focus on rebounding demand this year

Taiwan Semiconductor Manufacturing Co Ltd is expected to report a 23% drop in fourth-quarter profit on Thursday, but analysts predict better growth this year on the back of

TSMC's Q4 profit to slide 23%, focus on rebounding demand this year
Business|Finance|Stock Markets|Technology

Nvidia, AMD shares jump as AI optimism spurs analyst price target hikes

Shares of Nvidia and Advanced Micro Devices jumped on Tuesday as investor optimism over the prospects of higher demand for artificial intelligence (AI)-powered

Nvidia, AMD shares jump as AI optimism spurs analyst price target hikes
Business|Economy|Finance

Fourth-quarter US earnings seen up 4.4% as reporting period kicks off

Fourth-quarter earnings for S&P 500 companies overall are expected to have increased 4.4% from a year earlier, LSEG data showed on Friday, just as results

Fourth-quarter US earnings seen up 4.4% as reporting period kicks off
Business|Economy|Finance|Stock Markets|US

Big U.S. bank profits fall on insurance fund charges, falling lending margins

Major U.S. bank fourth quarter profits fell on Friday as lenders put aside cash to replenish a government insurance fund dented by last year's bank failures, and as the rising

Big U.S. bank profits fall on insurance fund charges, falling lending margins
Election|News|US

Analysis-US elections toss twist at markets fixated on Fed, economy

A U.S. presidential race that is about to heat up could add a fresh wrinkle to markets in 2024, as investors gauge the potential for post-election changes in

Analysis-US elections toss twist at markets fixated on Fed, economy
Business|Finance|Stock Markets|US

Marketmind: Japan shines as Wall St eyes CPI, bitcoin swings

A look at the day ahead in U.S. and global markets from Mike Dolan Roaring Japanese stocks at 21st century highs shone in an otherwise subdued day for world markets, with Wall St bracing for

Marketmind: Japan shines as Wall St eyes CPI, bitcoin swings
Business|Economy|Finance|Stock Markets|Technology|US

Microchip Technology forecasts further drop in third-quarter revenue

Microchip Technology on Monday forecast a further drop in its third-quarter revenue, citing lower shipment levels and a weak economy.

Microchip Technology forecasts further drop in third-quarter revenue
Business|Finance|Health|US

Analysis-Unloved healthcare stocks draw investors despite US election risks

The U.S. healthcare sector is showing signs of life after lagging in 2023 as investors bet cheap valuations will offset a tendency to underperform during

Analysis-Unloved healthcare stocks draw investors despite US election risks
Asia|Finance|Stock Markets

Stocks set to snap 9-week win streak on Fed rethink; yen slides

Asian stocks wobbled on Friday, keeping global equities on track to snap a nine-week winning streak, while the dollar was poised for its strongest weekly advance

Stocks set to snap 9-week win streak on Fed rethink; yen slides
Business|Finance|News|Stock Markets

Constellation Brands misses quarterly sales estimates on tepid wine, spirits demand

Corona beer maker Constellation Brands' third-quarter sales fell short of market expectations on Friday, as demand for its higher-priced spirits and wines slowed down in the face of sticky

Constellation Brands misses quarterly sales estimates on tepid wine, spirits demand
Business|Finance|Stock Markets|Technology|US

Analysis-US fintechs push into fixed-income trading as retail investor interest grows

U.S. financial technology companies that popularized amateur stock trading are pushing into fixed income in a bid to capitalize upon growing retail investor interest sparked

Analysis-US fintechs push into fixed-income trading as retail investor interest grows
Asia|Business|Economy|Finance|News

Marketmind: Eyes on Japan CPI, U.S. soft landing hopes grow

A look at the day ahead in Asian markets.

Marketmind: Eyes on Japan CPI, U.S. soft landing hopes grow
Business|Economy|Finance|News|Stock Markets|US

Wall Street tumbles to sharply lower close as abrupt sell-off snaps rally

U.S. stocks closed lower on Wednesday after an abrupt mid-afternoon nosedive ended Wall Street's impressive rally, which had been driven by falling interest rates

Wall Street tumbles to sharply lower close as abrupt sell-off snaps rally
Economy|Finance|News

Marketmind: New records in sight as BOJ clears decks

A look at the day ahead in U.S. and global markets from Mike Dolan The Bank of Japan deferred any further tightening of its ultra-loose money policy until next year, becoming the last of the G4

Marketmind: New records in sight as BOJ clears decks
Business|Economy|Finance|Stock Markets|US

Goldman Sachs sees S&P 500 hitting 5,100 in 2024, boosting forecast

Goldman Sachs raised its 2024 S&P 500 target by 8% to 5,100, forecasting a tailwind for U.S. stocks from falling inflation and declining interest rates.

Goldman Sachs sees S&P 500 hitting 5,100 in 2024, boosting forecast
Business|Finance|Stock Markets|US

US equity funds rebound with net inflows amid market rally

U.S. equity funds attracted net inflows in the week through Dec. 13 amid a rally on Wall Street despite caution ahead of the Federal Reserve's upcoming monetary policy announcement.

US equity funds rebound with net inflows amid market rally
Business|Economy|Finance|Stock Markets|World

Hedge funds' bearish bets get crushed in post-Fed meeting rally

Global equities long/

Hedge funds' bearish bets get crushed in post-Fed meeting rally
Business|Economy|Finance|News|Stock Markets|US

Analysis-Investors cheer Fed's dovish pivot, as focus shifts to 2024 risks

A dovish shift from the Federal Reserve has put record highs in sight for U.S. stocks, even as some investors worry the market may be moving

Analysis-Investors cheer Fed's dovish pivot, as focus shifts to 2024 risks
Business|Finance|Technology|US

Adobe embroiled in anti-trust issues, forecasts revenue below estimates

Photoshop maker Adobe said on Wednesday it was facing regulatory scrutiny over its subscription models and forecast annual and quarterly revenue below estimates, sending its shares down

Adobe embroiled in anti-trust issues, forecasts revenue below estimates
Business|Finance|US

Hedge funds went on stock-buying spree ahead of job data -Morgan Stanley

Global hedge funds went on a stock-buying spree just ahead of a U.S. jobs report that drove the S&P 500 and Nasdaq to their highest closing levels since early

Hedge funds went on stock-buying spree ahead of job data -Morgan Stanley
Business|Finance|Stock Markets|US

Flutter to list shares in New York

Gambling group Flutter Entertainment said on Friday it was working towards an effective listing date of Jan. 29 for its ordinary shares on the New York Stock Exchange.

Flutter to list shares in New York
Business|Finance|Stock Markets|Travel

JetBlue narrows loss forecast on healthy travel demand, shares rise

JetBlue Airways on Thursday narrowed its annual adjusted loss forecast, riding on strong demand for travel during the holiday period and sending its shares 7% higher in premarket trading.

JetBlue narrows loss forecast on healthy travel demand, shares rise
Business|Finance|Technology

GameStop slides as revenue decline raises turnaround worries

GameStop shares fell 7% before the bell on Thursday on signs that it will take longer for the brick-and-mortar videogame retailer to stem a revenue decline due to tough

GameStop slides as revenue decline raises turnaround worries
Business|Economy|Finance|Stock Markets|US

Analysis-Market bets for 2024 thrown into chaos by US recession conundrum

Investment banks and asset managers have wildly varying stock market and currency calls for 2024, reflecting deep division over whether the U.S. economy will enter

Analysis-Market bets for 2024 thrown into chaos by US recession conundrum
Business|Finance|US

BAT writes down US cigarette brands, tobacco stocks fall

British American Tobacco said it would take a hit of around $31.5 billion as it writes down the value of some U.S. cigarette brands, acknowledging on Wednesday that

BAT writes down US cigarette brands, tobacco stocks fall
Business|Finance|News|Stock Markets|US

Crypto stocks surge as bitcoin hits fresh 2023 high

Cryptocurrency-related stocks listed in the U.S. surged on Monday, looking to extend their strong November gains, as bitcoin topped $42,000 to hit a fresh high for the year.

Crypto stocks surge as bitcoin hits fresh 2023 high
Business|Finance|Stock Markets|Technology

Uber to become S&P 500 constituent -S&P Indexes

Ride-hailing service Uber Technologies will join the S&P 500 effective at the open of trading on Dec. 18, along with S&P MidCap 400 constituents Jabil Inc and Builders FirstSource Inc, S&P

Uber to become S&P 500 constituent -S&P Indexes
Business|Economy|Finance|News|Stock Markets|US

S&P 500 rises to highest close of 2023 amid rate cut optimism

The benchmark S&P 500 index closed at its highest level of the year on Friday amid growing optimism the Federal Reserve was done raising U.S. interest rates and could begin to cut

S&P 500 rises to highest close of 2023 amid rate cut optimism
Business|Finance|Stock Markets|Technology

Crypto stocks set to start December on a high note as bitcoin hits near 19-month high

Shares of crypto miners and bitcoin-tracking companies climbed in premarket trading on Friday as the world's largest cryptocurrency extended a recent rally to touch a near 19-month high on

Crypto stocks set to start December on a high note as bitcoin hits near 19-month high
Business|Finance|US

Phillips 66 to continue 'constructive dialogue' with Elliott Investment

Phillips 66 said on Wednesday it "plans to continue a constructive dialogue" with Elliott Investment Management after the company asked the U.S. refiner to revamp its board to boost

Phillips 66 to continue 'constructive dialogue' with Elliott Investment
Business|Finance|Stock Markets

GraniteShares plans to boost leverage levels on US single-stock ETFs

GraniteShares plans to increase the amount of leverage on most of its single-stock exchange-traded funds (ETFs) to 200%, allowing investors to make bigger bets on daily

GraniteShares plans to boost leverage levels on US single-stock ETFs
Asia|Business|Economy|Finance|Stock Markets

Analysis-Kishida's NISA bet is paying off, just not for Japanese stocks

Japan's big tax break to incentivise its citizens to funnel some of the trillions of yen held in cash into stock market investments and boost the

Analysis-Kishida's NISA bet is paying off, just not for Japanese stocks
Business|Finance|Stock Markets

Roundhill to shut MEME ETF due to flagging investor interest

Roundhill Investments announced the closure of its exchange-traded fund tracking the performance of meme stocks nearly two years after its launch,

Roundhill to shut MEME ETF due to flagging investor interest
Business|Economy|Finance

J.P.Morgan sees "challenging" backdrop for stocks in first half of 2024

J.P.Morgan expects economic uncertainty clouding the outlook for risky assets in the first half of next year as investors look for clarity on the direction of monetary policy.

J.P.Morgan sees "challenging" backdrop for stocks in first half of 2024
Asia|Finance

Marketmind: VIX slump to put spring in Asia's step

A look at the day ahead in Asian markets.

Marketmind: VIX slump to put spring in Asia's step
Business|Finance|Technology

Investors flock back to AI fund on rate cut hopes, Nvidia results

An exchange-traded fund tracking artificial intelligence stocks saw investors pouring money after six straight weeks of outflows, on the backdrop of strong

Investors flock back to AI fund on rate cut hopes, Nvidia results
Business|Economy|Europe|Finance|US

Global stocks steady before inflation data, gold climbs as dollar slips

Global equities were little changed on Monday as investors waited for key U.S. and European inflation data later in the week, while gold hit

Global stocks steady before inflation data, gold climbs as dollar slips
Business|Finance|Stock Markets|Technology|US

Broadening of U.S. stock rally feeds investor optimism

Signs the U.S. stock market rally is broadening from the so-called Magnificent Seven of mega-cap growth and technology

Broadening of U.S. stock rally feeds investor optimism
Economy|Finance|Stock Markets|Technology|US

Nvidia shares drop as China worries overshadow stellar forecast

Nvidia shares fell nearly 4% on Wednesday on fears that widening U.S. chip curbs would sap growth in China, its third largest market, and curtail the AI-

Nvidia shares drop as China worries overshadow stellar forecast
Asia|Finance

Marketmind: Markets in a holiday mood

A look at the day ahead in Asian markets from Lewis Krauskopf, markets correspondent.

Marketmind: Markets in a holiday mood
Business|Finance|Stock Markets|Technology|US

Trading in Nvidia ETFs shows traders preparing for upbeat earnings

Trading volumes in leveraged ETFs tied to Nvidia on Tuesday showed many traders anticipate yet another upside earnings surprise and bullish outlook when the chipmaker

Trading in Nvidia ETFs shows traders preparing for upbeat earnings
Business|Finance

Medtronic raises fiscal 2024 forecast on strong sales of surgical, diabetes devices

Medtronic beat second-quarter profit and revenue estimates and raised its annual earnings forecast on Tuesday, banking on strong sales in its

Medtronic raises fiscal 2024 forecast on strong sales of surgical, diabetes devices
Business|Economy|Finance|Stock Markets|US

Marketmind: Catching breath as Nvidia update due

A look at the day ahead in U.S. and global markets from Mike Dolan A cocktail of renewed AI excitement, Nvidia's imminent earnings update, an impressive 20-year Treasury auction and a leveling off of

Marketmind: Catching breath as Nvidia update due
Business|Finance|Stock Markets|US|World

Shares tread water, dollar dips as markets eye Fed rate cuts

Shares were generally flat on Monday in thin trading ahead of the U.S.

Shares tread water, dollar dips as markets eye Fed rate cuts
Business|Finance|Stock Markets|Technology|US

ChargePoint's stock slumps to record low after revenue warning, executive changes

ChargePoint Holdings' stock slumped by nearly 38% to a record low on Friday after the electric vehicle (EV) charging network slashed its third quarter revenue

ChargePoint's stock slumps to record low after revenue warning, executive changes
Business|Economy|Finance|Stock Markets|US

US equity funds draw heavy inflows on expectations for Fed pause

U.S. investors were big buyers of equity funds in the seven days through Nov. 15, spurred by expectations that the Federal Reserve may pause its interest rate hikes in light of recent

US equity funds draw heavy inflows on expectations for Fed pause
Business|Economy|Finance|Technology|US|World

Systematic hedge funds pummeled in post-U.S. CPI stocks rally - Goldman Sachs

Global hedge funds that use algorithms to trade suffered their second worst single day this year on Tuesday, as softer than expected U.S. inflation numbers sparked

Systematic hedge funds pummeled in post-U.S. CPI stocks rally - Goldman Sachs
Business|Economy|Finance|Stock Markets

Stocks to outperform fixed income in 2024, says Barclays

Global equities are set to outperform core fixed-income assets next year, as threats of a global economic slowdown have declined, Barclays strategists said in a note on Thursday.

Stocks to outperform fixed income in 2024, says Barclays
Business|Economy|Finance|Stock Markets|US

Retail traders cash out as market rallies on bets of end to rate hikes

U.S. retail traders rushed to lock in gains from a share rally sparked by signs of cooling inflation, looking to recoup losses in their portfolios from a brutal 2022 due to

Retail traders cash out as market rallies on bets of end to rate hikes
Business|Technology|US

Exclusive-ValueAct takes stakes in Recruit and Expedia, says they are poised for strong growth

ValueAct Capital Management has bought stakes in job search site Indeed's parent Recruit Holdings and in online travel services provider Expedia Group and

Exclusive-ValueAct takes stakes in Recruit and Expedia, says they are poised for strong growth
Business|Finance

Trian reports new position in Allstate, increased stake in Disney

Trian Fund Management said in a regulatory filing on Tuesday that it owns 3.6 million shares in insurer Allstate Corp and had raised its stake in Walt

Trian reports new position in Allstate, increased stake in Disney
Business|Finance|Stock Markets|Technology|US

Salesforce's strong stock price wooed some investors during third quarter - filings

Boasting a booming share price, Salesforce attracted more investor cash during the third quarter even as one of the software company's early public critics

Salesforce's strong stock price wooed some investors during third quarter - filings
Business|Finance|Stock Markets|Technology|US

Investors expand bets on tech stocks as sector still fuels market gains -filings

Several hedge funds expanded their bets on big technology stocks including Amazon, Microsoft and Meta Platforms even as these companies stumbled some during

Investors expand bets on tech stocks as sector still fuels market gains -filings
Business|Finance|Stock Markets|US

Berkshire sheds GM, Johnson & Johnson, Procter & Gamble as it amasses cash

Berkshire Hathaway said it has shed its holdings in General Motors, Johnson & Johnson and Procter & Gamble, and trimmed its stake in Amazon.com, as the conglomerate

Berkshire sheds GM, Johnson & Johnson, Procter & Gamble as it amasses cash
Business|Economy|Finance|Stock Markets|US

Improved profit margins 'bright spot' in US earnings season -Goldman strategists

Improving profit margins among U.S. companies are supporting a stronger-than-expected earnings season even as revenues top estimates at rates below the

Improved profit margins 'bright spot' in US earnings season -Goldman strategists
Business|Finance|Stock Markets|US

Investors wary of lingering Treasury volatility as US stocks rally

A still-jittery bond market is clouding the outlook for a rally in U.S. stocks, analysts tracking measures of market volatility said.

Investors wary of lingering Treasury volatility as US stocks rally
Business|Finance|Stock Markets|US

Bargain or trap? US bank stock outlook hinges on Fed's path

Bargain hunters are swirling around beaten-down shares of U.S. banks, even as skeptical investors say the sector’s problems are likely to persist for some time.

Bargain or trap? US bank stock outlook hinges on Fed's path
Business|Finance|Stock Markets|US

Walgreens cuts Cencora stake further in $674 million share sale

Walgreens Boots Alliance has further lowered its stake in Cencora, formerly known as AmerisourceBergen Corp, by selling shares worth about $674 million, the U.S. drugstore chain said on

Walgreens cuts Cencora stake further in $674 million share sale
Business|Economy|Finance|Stock Markets|US

Analysis-Some investors see Powell's hawkish lean as response to looser financial conditions

A hawkish lean from Federal Reserve Chair Jerome Powell chilled a recent rebound in stocks and bonds, with some investors suggesting the central bank

Analysis-Some investors see Powell's hawkish lean as response to looser financial conditions
Business|Finance|Stock Markets|US

Shares of Spirit Aero down 15% as company looks to raise cash

Shares of Spirit AeroSystems dropped 15% in extended trade after the company announced new measures meant to raise capital for the embattled aerospace supplier.

Shares of Spirit Aero down 15% as company looks to raise cash
Business|Economy|Finance|US

Occidental Petroleum beats Q3 estimates on higher production

Occidental Petroleum on Tuesday beat analysts' third-quarter profit estimates on strong U.S. oil production, but its results were well below a year ago due to

Occidental Petroleum beats Q3 estimates on higher production
Business|Finance|Stock Markets|US|World

Marketmind: Some payback, but bonds hug gains on oil

A look at the day ahead in U.S. and global markets from Mike Dolan World markets are trying to calibrate last week's steep rally in stocks and bonds - tempering some of the overcaffeinated rate cut

Marketmind: Some payback, but bonds hug gains on oil
Business|Economy|Finance|Stock Markets|US

Emerson Electric misses estimates for fourth-quarter sales, profit

U.S. industrial conglomerate Emerson Electric Co on Tuesday reported fourth-quarter sales and profit below Wall Street estimates, hit by supply chain disruptions.

Emerson Electric misses estimates for fourth-quarter sales, profit
Business|Economy|News|US

US jobs growth slows more than expected in October

U.S. job growth slowed more than expected in October in part as strikes by the United Auto Workers (UAW) union against Detroit's "Big Three" car makers depressed manufacturing

US jobs growth slows more than expected in October
Business|Economy|Finance|Stock Markets|US

Sempra reports Q3 profit beat on infrastructure unit strength

Utility Sempra on Friday topped estimates for quarterly profit on strength in its energy infrastructure business, sending its shares up 2.3% in early trading.

Sempra reports Q3 profit beat on infrastructure unit strength
Asia|Finance

Marketmind: Peering past the policy peak

A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.

Marketmind: Peering past the policy peak
Business|Finance|Stock Markets|Technology

Block shares soar as Street lauds strong 2024 forecast, buyback plans

Block's shares jumped nearly 18% before the bell on Friday and were set to open at their highest since mid-September, rallying on the payments firm's better-than-expected earnings forecast

Block shares soar as Street lauds strong 2024 forecast, buyback plans
Business|Finance|News

Starbucks beats quarterly sales estimates as US demand holds strong

Starbucks beat Wall Street expectations for quarterly comparable sales on Thursday, as steady demand for its pricey coffees and cold drinks in North America offset a feeble recovery in

Starbucks beats quarterly sales estimates as US demand holds strong
Business|Finance|Technology

Roku forecasts quarterly revenue above estimates

Roku forecast fourth-quarter revenue above Wall Street estimates on Wednesday, anticipating higher sales of its streaming devices and ad collections on signs of stability in the global

Roku forecasts quarterly revenue above estimates
Business|Economy|Finance|Stock Markets|US

NYSE-parent ICE beats profit estimates on robust trading volumes

New York Stock Exchange-parent Intercontinental Exchange beat analysts' expectations for third-quarter profit on Thursday as a volatile market boosted

NYSE-parent ICE beats profit estimates on robust trading volumes
Business|Economy|Finance|Stock Markets|US|World

Marketmind: Markets fly on Fed and funding, Apple awaits

A look at the day ahead in U.S. and global markets from Mike Dolan World markets lapped up a combination of steady U.S. interest rates, rejigged Treasury borrowing and lower oil prices - with an eye

Marketmind: Markets fly on Fed and funding, Apple awaits
Business|Finance|US

Exclusive-US amusement park operators Cedar Fair, Six Flags in merger talks - sources

U.S. amusement park operator Cedar Fair LP is exploring a potential merger with peer Six Flags Entertainment Corp, people familiar with the

Exclusive-US amusement park operators Cedar Fair, Six Flags in merger talks - sources
Business|Finance|News|Stock Markets|US

Douglas Elliman, Redfin, other realtors fall after $1.78 billion broker commission verdict

Shares in Douglas Elliman, Redfin, Compass and eXp World Holdings fell on Wednesday after they were sued for allegedly conspiring to

Douglas Elliman, Redfin, other realtors fall after $1.78 billion broker commission verdict
Business|Economy|Finance|Stock Markets|US

Cognizant forecasts quarterly revenue below estimates on weak corporate spending

Cognizant Technology Solutions forecast fourth-quarter revenue below Wall Street estimates on Wednesday, as clients tighten their IT budgets in an uncertain economy, sending its shares

Cognizant forecasts quarterly revenue below estimates on weak corporate spending
Business|Finance|Stock Markets|Technology|US

Bullish fund tied to Nvidia top performing ETF so far this year

An exchange traded fund (ETF) tied to high-flying shares of U.S. chipmaker Nvidia Corp is the top-performing ETF so far this year, as the frenzy around artificial

Bullish fund tied to Nvidia top performing ETF so far this year
Business|Finance

Aflac beats estimates for quarterly profit on higher premium income

Insurance provider Aflac on Wednesday reported third-quarter profit above estimates, helped by higher premium revenue from its U.S. unit and strong gains on its investments.

Aflac beats estimates for quarterly profit on higher premium income
Business|Finance|Stock Markets|Technology

Pinterest soars on rising Gen Z engagement, ad-market rebound

Shares of Pinterest surged 17% in premarket trading on Tuesday after a strong quarterly performance indicated that the image-sharing platform was riding a rebound in the advertising market

Pinterest soars on rising Gen Z engagement, ad-market rebound
Business|Finance|Technology

Nvidia shares drop after report of canceled China orders

Shares of Nvidia Corp dropped by about 5% to a near five-month low on Tuesday following a Wall Street Journal report that the artificial intelligence (AI) giant

Nvidia shares drop after report of canceled China orders
Business|Finance|Stock Markets|US

Morgan Stanley may pay $1 billion to resolve US probe into private stock sales - Semafor

Morgan Stanley may pay as much as $1 billion to resolve a long-running U.S. probe into how it handled private stock sales, Semafor reported on Tuesday.

Morgan Stanley may pay $1 billion to resolve US probe into private stock sales - Semafor
Asia|Business|Finance

Marketmind: Japan's dramatic FX, bond market divergence

A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.

Marketmind: Japan's dramatic FX, bond market divergence
Business|Finance

Kraft Heinz lifts annual profit target as price hikes boost margin

Kraft Heinz beat Wall Street estimates for third-quarter profit and raised its annual forecast as the Jell-O maker's margins benefited from higher prices of its packaged meals and

Kraft Heinz lifts annual profit target as price hikes boost margin
Business|Finance|Stock Markets|US

US stocks rally as Fed holds rates, prompts hope for end to hikes

Wall Street's major indexes closed higher on Wednesday with the Nasdaq's 1.6% advance leading gains, after the U.S.

US stocks rally as Fed holds rates, prompts hope for end to hikes
Business|Finance|Stock Markets

Assurant Q3 profit surges on growth in global housing unit, investment returns

Insurer Assurant reported a surge in third-quarter adjusted profit on Tuesday, helped by the strong performance of its global housing unit and higher investment returns, sending shares up

Assurant Q3 profit surges on growth in global housing unit, investment returns
Business|Finance|Stock Markets|Technology

AMD rises as AI chip sales prediction bodes well for rivalry with Nvidia

Shares of Advanced Micro Devices jumped nearly 6% on Wednesday, after an upbeat AI chip sales forecast signaled the company was making progress in its bid to catch up with market leader

AMD rises as AI chip sales prediction bodes well for rivalry with Nvidia
Business|Economy|Finance|Stock Markets|US

Marketmind: Refunding relief stokes bond-led bounce

A look at the day ahead in U.S. and global markets from Mike Dolan A more modest yearend schedule of Treasury debt sales than many feared helped bonds rally overnight while the Bank of Japan closed

Marketmind: Refunding relief stokes bond-led bounce
Business|Economy|Finance|News|Stock Markets|US

Marketmind: Market bounce sets up Fed-dominated week ahead

A look at the day ahead in U.S. and global markets from Mike Dolan Another Monday bounce in world markets sets up a Fed-dominated week ahead - although the U.S. central bank may not yet have a great

Marketmind: Market bounce sets up Fed-dominated week ahead
Finance

Marketmind: Calm before policy, data storm

A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.

Marketmind: Calm before policy, data storm
Business|Finance|Stock Markets

HSBC launches $3 billion buyback, profit disappoints on rising costs

HSBC on Monday reported a fresh $3 billion share buyback and a more than doubling of third-quarter profit that nonetheless missed forecasts

HSBC launches $3 billion buyback, profit disappoints on rising costs
Business|Finance|News|Stock Markets|US

Wall St closes higher on eve of Fed decision; investors assess earnings

Wall Street's main indexes ended Tuesday's session with gains as investors looked ahead to the Federal Reserve's monetary policy update while they

Wall St closes higher on eve of Fed decision; investors assess earnings
Economy|Finance|News|Stock Markets|US

US investors extend equity fund sell-off amid rising bond yields

U.S. investors remained net sellers of equity funds in the week to Oct. 25 driven by higher bond yields and concerns over the Israel-Hamas conflict.

US investors extend equity fund sell-off amid rising bond yields
Business|Finance|Stock Markets|US

CEO Dimon to sell some of his JPMorgan shares for first time

JPMorgan Chase Chief Executive Officer Jamie Dimon will sell some of his shares in the largest U.S. bank next year for the first time in

CEO Dimon to sell some of his JPMorgan shares for first time
Business|Finance|Stock Markets|Technology|US

Investors scoop up tech stocks and long-dated Treasuries - BofA

Investors have poured money into beaten-down, long-dated U.S. Treasuries and bruised tech stocks in recent days, BofA Global Research said in a note on Friday.

Investors scoop up tech stocks and long-dated Treasuries - BofA
Business|Finance|News|Stock Markets|US

Chevron's third-quarter profit slumps, shares fall 6%

Chevron on Friday posted a third-quarter profit that missed Wall Street estimates by a wide margin, sending its shares down 6%.

Chevron's third-quarter profit slumps, shares fall 6%
Business|Finance|Technology

Amazon rallies on cloud recovery as it chases Microsoft for AI business

Amazon.com rallied nearly 6% on Friday on signs that growth in its main profit driver, the cloud business, was picking up pace after two years of sluggishness due to lower

Amazon rallies on cloud recovery as it chases Microsoft for AI business
Business|Europe|Finance|News

Unilever's new CEO lays out plans to simplify business, shares fall

Unilever's new chief executive Hein Schumacher on Thursday laid out long-awaited plans to simplify the business after admitting it had underperformed in recent years, but shares

Unilever's new CEO lays out plans to simplify business, shares fall
Business|Finance|Health|Technology

Dexcom lifts 2023 revenue view on strong demand for diabetes devices

Medical device maker Dexcom on Thursday raised its annual revenue forecast and beat quarterly estimates on strong demand for its continuous glucose monitoring (CGM) devices, sending its

Dexcom lifts 2023 revenue view on strong demand for diabetes devices
Business|Economy|Finance|Stock Markets

Chipotle beats results estimates as demand defies high prices

Chipotle Mexican Grill surpassed market expectations for quarterly results on Thursday, as demand for its burritos, rice bowls and special menu promotions defied higher prices and weakness

Chipotle beats results estimates as demand defies high prices
Business|Economy|Finance

US, European bellwethers best expectations, boost investor confidence

A broad swath of global industrial and consumer bellwethers reported stronger-than-expected earnings in their most recent quarter, as resilient spending patterns kept

US, European bellwethers best expectations, boost investor confidence
Business|Economy|Finance|Stock Markets|US

Third-quarter US earnings estimate improves slightly -LSEG

The estimate for U.S. third-quarter earnings has improved slightly this week, with more S&P 500 companies including Microsoft reporting stronger-than-expected results.

Third-quarter US earnings estimate improves slightly -LSEG
Business|Finance|Technology

Snap sees upbeat fourth quarter as new ad features start to pay off

Photo messaging app Snap on Tuesday reported a surprise rise in quarterly

Snap sees upbeat fourth quarter as new ad features start to pay off
Asia|Economy|Finance

Marketmind: A welcome bounce, but mixed big tech signals

A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.

Marketmind: A welcome bounce, but mixed big tech signals
Business|Economy|Finance|Stock Markets|Technology

Stocks sag as disappointing earnings compound interest-rate headache

Stocks wobbled on Wednesday after the latest round of earnings prompted concern among investors over the economic outlook, as even Google parent Alphabet

Stocks sag as disappointing earnings compound interest-rate headache
Business|Finance

3M raises full-year profit forecast aided by cost cuts, price hikes

3M Co on Tuesday raised its full-year adjusted profit forecast and reported upbeat quarterly earnings, as the diversified manufacturer was able to offset slow demand with

3M raises full-year profit forecast aided by cost cuts, price hikes
Business|Finance|Technology|US

Strong ad sales, stable enterprise spending wind beneath Big Tech earnings

U.S. technology giants are likely to post their strongest quarterly revenue growth in at least a year as their legacy businesses stabilized, but

Strong ad sales, stable enterprise spending wind beneath Big Tech earnings
Business|Finance|Stock Markets|Technology|US

Marketmind: Big Tech reports as bond yields recoil

A look at the day ahead in U.S. and global markets from Mike Dolan Big Tech heavyweights Microsoft and Alphabet are set to switch global investors' focus from Monday's bond market bounce, although the

Marketmind: Big Tech reports as bond yields recoil
Business|Finance|Stock Markets|US

Halliburton profit beats as higher global drilling offsets weak N.America

Halliburton's third-quarter profit beat market expectations on Tuesday as higher international drilling and equipment demand helped overcome weakness in North America.

Halliburton profit beats as higher global drilling offsets weak N.America
Business|Finance|US

GE raises 2023 profit forecast yet again on aviation boom

General Electric on Tuesday raised its full-year profit forecast for a third time this year after quarterly earnings topped Wall Street

GE raises 2023 profit forecast yet again on aviation boom
Business|Finance|Stock Markets|Technology

Dip buyers flock to Tesla Bull ETF amid stock selloff

Investors piled into a leveraged exchange traded fund that bet on upside in Tesla's shares as the company's stock price sank following a weaker-than-expected

Dip buyers flock to Tesla Bull ETF amid stock selloff
Business|Finance

AmEx's third-quarter profit beats estimates on buoyant spending

Credit card giant American Express on Friday reported third-quarter profit that beat expectations, helped by resilient spending from its wealthy customers who shrugged off concerns about

AmEx's third-quarter profit beats estimates on buoyant spending
Business|Economy|Travel|US

US airline investors worry the travel boom may be coming in for a landing

It should be the best of times for U.S. airlines with a travel boom still going strong, but investors are nervous demand may soften as the economy falters,

US airline investors worry the travel boom may be coming in for a landing
Business|Economy|Finance|US

Marketmind: To 5% and beyond, bond yields soar

A look at the day ahead in U.S. and global markets from Mike Dolan A buoyant U.S. economy, hawkish Federal Reserve and dysfunctional Congress are sending Treasury bond yields soaring through 5% and

Marketmind: To 5% and beyond, bond yields soar
Business|Economy|Finance|News|Stock Markets|US

Falling stocks, climbing mortgage rates: how 5% Treasury yields could roil markets

Relentless selling of U.S. government bonds has brought Treasury yields to their highest level in more than a decade and a half, roiling everything from stocks

Falling stocks, climbing mortgage rates: how 5% Treasury yields could roil markets
Business|Finance|Stock Markets

Freeport-McMoRan beats quarterly profit estimates

Copper miner Freeport-McMoRan beat Wall Street estimates for quarterly profit on Thursday, helped by higher copper production and higher sales volumes.

Freeport-McMoRan beats quarterly profit estimates
Business|Finance|US

CSX Corp profit misses Wall Street estimates on weak freight volumes

U.S. railroad operator CSX Corp on Thursday missed Wall Street estimates for third-quarter profit, as a decline in intermodal freight volumes more than offset pricing gains.

CSX Corp profit misses Wall Street estimates on weak freight volumes
Business|Finance|Stock Markets|Technology

Analysis-Wall Street's 'Magnificent Seven' face moment of truth as earnings season arrives

High noon is approaching for the market's biggest stocks, as pressure grows on richly valued technology and growth companies to deliver robust earnings at a

Analysis-Wall Street's 'Magnificent Seven' face moment of truth as earnings season arrives
Business|Finance|US

United Airlines forecasts weaker Q4 profit on higher costs

United Airlines Holdings on Tuesday reported stronger-than-expected earnings in the third quarter, but forecast weaker profit in the current quarter due to higher costs.

United Airlines forecasts weaker Q4 profit on higher costs
Business|Finance|Stock Markets|US

Lockheed beats estimates on sustained weapons demand amid geopolitical tensions

U.S. defense contractor Lockheed Martin shares sank in pre-market trading despite reporting better-than-expected third-quarter revenue and profit on

Lockheed beats estimates on sustained weapons demand amid geopolitical tensions
Business|Economy|Finance|Stock Markets|US

BofA profit beats estimates on higher interest income, investment banking gains

Bank of America beat Wall Street estimates for quarterly profit on Tuesday as it joined rivals in earning more from interest payments, while benefiting from

BofA profit beats estimates on higher interest income, investment banking gains
Business

Snap shares jump as leaked 2024 user target exceed Wall St expectations

Snap shares jumped 11% on Monday after a media report said the social media company is expected to have more than 475 million daily active users (DAUs) in 2024, above Wall Street

Snap shares jump as leaked 2024 user target exceed Wall St expectations
Business|Finance|Health|Stock Markets|US

Pfizer, BioNTech shares fall on COVID product sales uncertainty

Shares of Pfizer and German partner BioNTech fell on Monday after the U.S. drugmaker slashed the sales forecast for its COVID vaccine and therapy last week, and some

Pfizer, BioNTech shares fall on COVID product sales uncertainty
Business|Finance|Stock Markets

Most Wall St brokerages upbeat on Instacart on e-grocery shopping potential

Most Wall Street brokerages, including J.P.Morgan and Piper Sandler, kicked off coverage on Instacart with a bullish view, betting on the grocery delivery app's growth

Most Wall St brokerages upbeat on Instacart on e-grocery shopping potential
Business|Finance|Stock Markets|US

Pfizer lowers full-year revenue forecast, shares fall

Pfizer Inc on Friday cut forecast for 2023 revenue to between $58 billion and $61 billion, from $67 billion to $70 billion previously.

Pfizer lowers full-year revenue forecast, shares fall
Business|Economy|Finance|US

Investors zero in on health of consumer with retail sales, earnings

Investors in the coming week will get a look at the state of U.S. consumers - whose spending drives around two-thirds of the economy - with a U.S. retail sales

Investors zero in on health of consumer with retail sales, earnings
Business|Economy|Finance|Stock Markets|US

Options traders see larger-than-usual stock swings as banks report results

Options traders are braced for larger-than-usual post-earnings stock price swings for some U.S. banks, despite signs of cooling volatility in broader markets,

Options traders see larger-than-usual stock swings as banks report results
Business|Finance|Stock Markets|US

Dollar General shares pop on Vasos' return as CEO

Shares of Dollar General jumped 8% premarket on Friday, as investors and analysts drew confidence from the return of former CEO Todd Vasos to the top job to help steer the retailer away

Dollar General shares pop on Vasos' return as CEO
Business|Health|Science

Ozempic's early success in kidney disease trial drags down dialysis stocks

Shares of dialysis service providers fell sharply on Wednesday after Novo Nordisk's Ozempic showed early signs of success in delaying the progression of kidney disease in

Ozempic's early success in kidney disease trial drags down dialysis stocks
Business|Finance|Travel|US

Flagging domestic travel casts shadow over US airline earnings

A travel boom has produced bumper earnings for major U.S. carriers this year but signs of softening demand on domestic routes have amplified worries that the

Flagging domestic travel casts shadow over US airline earnings
Business|Finance|News|Stock Markets|US

Marketmind: 'Remarkable' US markets surf crosscurrents

A look at the day ahead in U.S. and global markets from Mike Dolan U.S. stocks have surfed through multiple crosscurrents over the past week - from the blistering spike in Treasury yields to the

Marketmind: 'Remarkable' US markets surf crosscurrents
Business|Economy|Finance|Stock Markets|US

Hedge funds sell energy stocks before Middle East conflict - Goldman

Global hedge fund managers were selling U.S. stocks sensitive to commodities at an accelerated pace in the week ending October 6, according to a Goldman Sachs note

Hedge funds sell energy stocks before Middle East conflict - Goldman
Business|Economy|Finance|Stock Markets|US

Analysis-Expected rise in US earnings could be balm for stocks after rough stretch

A resilient economy and strong consumer demand are expected to fuel a slight rise in third-quarter U.S. earnings, which could throw a

Analysis-Expected rise in US earnings could be balm for stocks after rough stretch
Business|Economy|Finance|Stock Markets

Bonds calm as investors hope for subdued U.S. payrolls data

Bonds were calmer on Friday after a pause in a relentless sell-off on 'higher for longer' interest rate worries, helping shares edge up as investors hoped for a subdued

Bonds calm as investors hope for subdued U.S. payrolls data
Business|Finance|Stock Markets|US

Lamb Weston raises annual outlook, shares up 10%

Lamb Weston Holdings raised its full-year net sales and profit forecasts on Thursday, banking on higher prices for its ready-to-cook frozen potato appetizers and easing cost pressures,

Lamb Weston raises annual outlook, shares up 10%
Business|Finance|Stock Markets|US

EV maker Rivian shares have record drop after convertible bond offering launched

Shares of Rivian Automotive Inc fell by nearly 23% on Thursday, the biggest daily percentage decline since their debut in 2021, after the electric

EV maker Rivian shares have record drop after convertible bond offering launched
Business|Finance|Technology

Clorox shares touch more than 5-year low on financial hit from cyber attack

Shares in Clorox were down 8.1% on Thursday, after hitting their lowest level since May 2018, after the cleaning supplies company's warned that an August cyber attack would push it into a

Clorox shares touch more than 5-year low on financial hit from cyber attack
Business|Finance

Spice maker McCormick lifts profit forecast as higher prices cushion weaker demand

McCormick on Tuesday raised its annual profit forecast as it expects higher prices for its spices and condiments to make up for slowing demand and a sluggish recovery in China The Cholula

Spice maker McCormick lifts profit forecast as higher prices cushion weaker demand
Business|Economy|Finance|Stock Markets|Technology|US

Strong earnings will reverse decline in megacap tech stocks: Goldman Sachs

Strong upcoming earnings results could reverse the decline in mega-cap technology and growth stocks, which have been hammered by the rise in Treasury yields and

Strong earnings will reverse decline in megacap tech stocks: Goldman Sachs
Business|Finance|Stock Markets|US

Global stock index dips while bond yields, dollar climb

MSCI's global index of stocks kicked off fourth-quarter trading with a decline as U.S.

Global stock index dips while bond yields, dollar climb
Business|Finance|Stock Markets|US

Kellanova, WK Kellogg shares slump on first day after spinoff

Shares of Kellanova fell more than 7% on Monday after the packaged food giant, previously known as Kellogg Company, completed the spinoff of its

Kellanova, WK Kellogg shares slump on first day after spinoff
Business|Finance|Stock Markets|US

Traders wary of volatility as JP Morgan fund's big options trade looms

A $16 billion JP Morgan fund, expected to reset its options positions on Friday, is drawing traders' attention as a potential source of additional volatility

Traders wary of volatility as JP Morgan fund's big options trade looms
Business|Economy|Finance|Stock Markets|Travel

Carnival trims loss forecast as strong cruise demand cushions fuel hit

Cruise operator Carnival on Friday forecast a smaller annual loss than previously estimated and reported a third-quarter profit, benefiting from higher ticket pricing and robust demand

Carnival trims loss forecast as strong cruise demand cushions fuel hit
Business|Europe|Finance|Stock Markets

Kering shares slump after luxury company warns of H1 operating profit drop

Kering's shares slumped on Wednesday, after the French luxury goods company warned it expected a 40% to 45% plunge in first-half operating profit.

Kering shares slump after luxury company warns of H1 operating profit drop
Business|Economy|Finance|Stock Markets|US

Baker Hughes beats profit estimates on international demand, raises dividend

Oilfield services firm Baker Hughes beat analysts' estimates for first-quarter profit on higher international drilling demand and increased its dividend.

Baker Hughes beats profit estimates on international demand, raises dividend
Business|Economy|Finance|Stock Markets|Technology

Tesla shares tumble below $150 per share, giving up all gains made over the past year

Tesla’s stock tumbled below $150 per share, giving up all of the gains made over the past year as the electric vehicle maker reels from falling sales and steep discounts intended to lure more buyers

Tesla shares tumble below $150 per share, giving up all gains made over the past year
Asia|Business|Economy|Finance|Stock Markets|US|World

Stock market today: Asian benchmarks are mixed while US seems committed to current rates

Asian shares are trading mixed after most U.S. stocks slipped on firmer expectations that the Fed is committed to its current rate practices

Stock market today: Asian benchmarks are mixed while US seems committed to current rates
Business|Economy|Finance

Dr. Martens dour US revenue outlook for the year sends stock of iconic bootmaker plunging

Chunky bootmaker Dr. Martens is warning of a tough year ahead

Dr. Martens dour US revenue outlook for the year sends stock of iconic bootmaker plunging
Business|Economy|Finance|Health|Technology

Cyberattack costs hit UnitedHealth in 1Q that still turns out better than expected

UnitedHealth Group trounced first-quarter expectations even as costs from a cyberattack to its Change Healthcare business ate into its performance

Cyberattack costs hit UnitedHealth in 1Q that still turns out better than expected
Business|News|Stock Markets|Technology|US

Trump Media stock slides again to bring it nearly 60% below its peak as euphoria fades

The stock price for Donald Trump’s social media company is sliding again

Trump Media stock slides again to bring it nearly 60% below its peak as euphoria fades
Business|Finance|Technology

Tesla is planning to lay off 10% of its workers after dismal 1Q sales, multiple news outlets report

After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs, multiple media outlets reported Monday

Tesla is planning to lay off 10% of its workers after dismal 1Q sales, multiple news outlets report
Asia|Business|Economy|Finance|News|Stock Markets

Stock market today: Asian stocks track Wall Street's decline as Middle East tensions escalate

Asia stocks are mostly lower as worries about potentially escalating tensions in the Middle East rattle financial markets

Stock market today: Asian stocks track Wall Street's decline as Middle East tensions escalate
Asia|Business|Economy|Finance|News|Stock Markets

Stock market today: Asian markets are mixed, Shanghai falls as Fitch lowers China's rating outlook

Shares are mixed in Asia after U.S. stock indexes held at a near standstill ahead of some potentially market-moving reports

Stock market today: Asian markets are mixed, Shanghai falls as Fitch lowers China's rating outlook
Asia|Business|Economy|Finance|News|Stock Markets

Stock market today: Asian shares mostly rise as investors look to earnings and inflation signs

Asian shares are mostly higher as investors looked ahead to earnings reports from top global companies and a consumer prices report that will be a gauge for U.S. inflation

Stock market today: Asian shares mostly rise as investors look to earnings and inflation signs
Asia|Business|Finance|Stock Markets|World

Stock market today: Asian shares mostly rise cheered by Wall Street finish

Asian shares are mostly higher after a firm finish on Wall Street, as expectations remained solid for U.S. interest rate cuts this year

Stock market today: Asian shares mostly rise cheered by Wall Street finish
Asia|Economy|Finance|Stock Markets

Stock market today: Asian shares are mostly higher after another set of Wall St records

Asian shares are mostly higher in quiet, Good Friday holiday trading

Stock market today: Asian shares are mostly higher after another set of Wall St records
Business|Entertainment|Technology

Trump Media, Reddit surge despite questionable profit prospects, taking on the 'meme stock' mantle

Reddit and Trump Media are the first notable social media companies to begin trading publicly in the last five years

Trump Media, Reddit surge despite questionable profit prospects, taking on the 'meme stock' mantle
Business|Economy|Finance|Stock Markets|Technology|US

Trump's social media company starts trading on Nasdaq with a market value of almost $6.8 billion

As Donald Trump’s social media company begins trading publicly, would-be investors might ask themselves if the stock is too pricey and potentially too volatile

Trump's social media company starts trading on Nasdaq with a market value of almost $6.8 billion
Business|Finance|Stock Markets|Technology

MicroStrategy shares fall 13% after convertible deal for bitcoin purchases

Shares in MicroStrategy were down 13% on Tuesday as bitcoin fell after the company announced it had completed a $603.75 million convertible debt offering - its second in a week - to raise

MicroStrategy shares fall 13% after convertible deal for bitcoin purchases
Business|Finance|News|Stock Markets

Unilever is cutting 7,500 jobs and spinning off its ice cream business

Unilever, the company that makes Ben & Jerry’s ice cream, Dove soaps and Vaseline, says it's cutting 7,500 jobs and spinning off its ice cream business to reduce costs and boost profits

Unilever is cutting 7,500 jobs and spinning off its ice cream business
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Asian stocks gain ahead of US and Japan rate decisions

Asian stocks are higher ahead of policy decisions this week by Japan's central bank and the Federal Reserve

Stock market today: Asian stocks gain ahead of US and Japan rate decisions
Asia|Business|Finance|Stock Markets

Stock market today: Asian shares trade mixed as investors look to central banks

Asian shares are mixed in lackluster trading

Stock market today: Asian shares trade mixed as investors look to central banks
Asia|Business|Economy|Finance|Stock Markets

Stocks are mixed as China scrambles to avoid major real estate developer bankruptcy

China stocks are mixed as the country scrambles to avoid major real estate developer bankruptcy

Stocks are mixed as China scrambles to avoid major real estate developer bankruptcy
Asia|Business|Economy|Finance|Stock Markets|US

Stock market today: Asian shares are mostly higher ahead of a US report on inflation

Shares are mostly higher in Asia ahead of a report on inflation in the U.S. that could sway the Federal Reserve's timing on cutting interest rates

Stock market today: Asian shares are mostly higher ahead of a US report on inflation
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024

Shares are mixed in Asia after China's premier said the country's target for economic growth this year is around 5%, in line with expectations

Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
Asia|Business|Economy|Finance|Stock Markets|Technology

Japan's Nikkei 225 share benchmark tops 40,000, lifted by technology stocks

Japan's Nikkei 225 share benchmark has topped 40,000 for the first time as strong demand for technology shares keeps pushing the index higher

Japan's Nikkei 225 share benchmark tops 40,000, lifted by technology stocks
Business|Finance|US

New York Community Bancorp plunges on abrupt departure of CEO and emerging internal controls issues

Shares of New York Community Bancorp are tumbling before the opening bell after the departure of the longtime CEO of the bank, which says it’s delaying filing its annual report as it deals with issues with its internal controls

New York Community Bancorp plunges on abrupt departure of CEO and emerging internal controls issues
Business|Finance|News|Stock Markets|US

Berkshire shares gain as 'built to last' conglomerate posts record profit

Berkshire Hathaway class B shares gained 5% before the bell on Monday after the $900-billion conglomerate posted its second straight record annual profit and its chairman Warren Buffett

Berkshire shares gain as 'built to last' conglomerate posts record profit
Business|Celebrity|Economy|Finance

A collection of the insights Warren Buffett offered in his annual letter Saturday

Billionaire Warren Buffett is known as one of the world’s greatest investors, and the 93-year-old has a devout following of people who admire his track record and appreciate his sage advice on life and investing

A collection of the insights Warren Buffett offered in his annual letter Saturday
Business|Technology

Amazon joins 29 other 'blue chip' companies in the Dow Jones Industrial Average

Amazon

Amazon joins 29 other 'blue chip' companies in the Dow Jones Industrial Average
Business|Finance

Buffett's Berkshire posts record profit on insurance, investment

Warren Buffett's Berkshire Hathaway on Saturday posted its second straight record annual operating profit, with its insurance business benefiting from improved

Buffett's Berkshire posts record profit on insurance, investment
Business

Amazon to be added to the Dow Jones Industrial Average, replacing Walgreens Boots Alliance

Amazon

Amazon to be added to the Dow Jones Industrial Average, replacing Walgreens Boots Alliance
Business|Economy|Finance|Stock Markets|US

DoorDash orders and revenue beat Wall Street expectations despite disappointing net losses

DoorDash's revenues and orders exceeded expectations for the fourth quarter, although its net losses failed to shrink as quickly as Wall Street had hoped

DoorDash orders and revenue beat Wall Street expectations despite disappointing net losses
Business|Finance|Stock Markets|US

JetBlue shares soar as Icahn discloses stake

Shares of low-cost carrier JetBlue Airways surged 15% in premarket trading on Tuesday after activist investor Carl Icahn disclosed an about 10% stake in the airline.

JetBlue shares soar as Icahn discloses stake
Asia|Business|Economy|Finance|Stock Markets

China names a new stock regulator and reports new developer financing in a bid to soothe markets

Shares have risen in China after Beijing ousted its top stock market regulator and announced more funding for hard-strapped property developers

China names a new stock regulator and reports new developer financing in a bid to soothe markets
Business|Finance|Stock Markets|Technology|US

In a first for Uber since becoming a public company, an annual profit.

Uber posted its first full-year profit since going public in 2019 and its stock is hitting all-time highs as strong bookings in the final quarter of the year pushed profit and revenue beyond Wall Street expectations

In a first for Uber since becoming a public company, an annual profit.
Business|Finance|Stock Markets|US

New York Community Bancorp tries to reassure investors, but its stock falls again

Shares of New York Community Bancorp fell another 11% Wednesday after the bank’s credit rating got downgraded to “junk” and investors worried that regional lender could suffer the same fate Silicon Valley Bank did last year

New York Community Bancorp tries to reassure investors, but its stock falls again
Asia|Business|Finance|Stock Markets|Technology

Alibaba approves an additional $25 billion share buyback as its revenue disappoints

Chinese e-commerce firm Alibaba Group Holding on Wednesday approved an additional $25 billion authorization to its share buyback program, after reporting lower-than-expected sales revenue for the last quarter of 2023

Alibaba approves an additional $25 billion share buyback as its revenue disappoints
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Chinese stocks lead Asia's gains, Evergrande faces liquidation

Asian markets have opened the week on a positive note after Wall Street closed another winning week with a mixed finish

Stock market today: Chinese stocks lead Asia's gains, Evergrande faces liquidation
Asia|Business|Economy|Finance|News|Stock Markets

Stock market today: Asian shares mostly rise, led by gains in Chinese markets following policy moves

Asian shares are mostly higher, with Chinese stocks extending gains after Beijing announced a raft of policies to support sagging markets

Stock market today: Asian shares mostly rise, led by gains in Chinese markets following policy moves
Asia|Business|Economy|Finance|News|World

Stock market today: World shares climb after China announces market-boosting measures

World shares are higher after China's central bank announced fresh measures to boost its slowing economy and stabilize financial markets

Stock market today: World shares climb after China announces market-boosting measures
Asia|Business|Finance|Stock Markets|Technology

Stocks climb on positive tech earnings, China rescue report

Global shares rose on Wednesday, fuelled by positive tech earnings and optimism Chinese authorities will offer support to its stock

Stocks climb on positive tech earnings, China rescue report
Business|Finance|Stock Markets|US

Hedge funds net purchasers of stocks for first time in 10 weeks, Bank of America says

Hedge funds bought more U.S. stocks than they sold last week for the first time in ten weeks, adding $554 million to their portfolios, Bank of America said in a note about its

Hedge funds net purchasers of stocks for first time in 10 weeks, Bank of America says
Business|Finance|Technology|US

Megacap US tech results pivotal for market that is at record highs

Wall Street's run-up to record highs will be put to the test in the coming weeks as heavily weighted U.S. technology-related companies open their books on

Megacap US tech results pivotal for market that is at record highs
Business|Finance|Health

J&J profit edges past Street view after deals delay Stelara competition

Johnson & Johnson on Tuesday reported quarterly results just above Wall Street expectations, helped by strong sales of its blockbuster psoriasis drug

J&J profit edges past Street view after deals delay Stelara competition
Business|Finance|Stock Markets|Technology|US

Marketmind: Big Tech reports, China gets a grip, BOJ calm

A look at the day ahead in U.S. and global markets from Mike Dolan With Wall St stocks surfing record highs, Tuesday sees Netflix kick off a couple of weeks of Big Tech earnings updates stateside -

Marketmind: Big Tech reports, China gets a grip, BOJ calm
Business|Finance|Stock Markets

Trump-linked stocks soar after DeSantis throws in the towel

Shares of Digital World Acquisition, the blank check firm set to take former U.S.

Trump-linked stocks soar after DeSantis throws in the towel
Business|Economy|Finance|Stock Markets|US

Maligned US real estate sector draws buyers eyeing rate cuts

Falling inflation and expectations of an economic soft landing are buoying hopes for U.S. real estate stocks in 2024, even as the sector continues to lag the

Maligned US real estate sector draws buyers eyeing rate cuts
Business|Food|News

Wendy's names PepsiCo executive as the burger chain's new CEO

Wendy’s Co. has named a longtime PepsiCo executive as its new CEO

Wendy's names PepsiCo executive as the burger chain's new CEO
Asia|Business|Economy|Europe|Finance

Stock market today: Shares fall in Europe after gains in Asia. US markets are closed for a holiday

European markets have opened lower while Asian markets were mostly higher as the week got off to a mixed start

Stock market today: Shares fall in Europe after gains in Asia. US markets are closed for a holiday
Business|Finance|Stock Markets|US

Stock market today: Wall Street closes out its 10th winning week in 11 with a mixed finish

Wall Street drifted to a mixed finish as it closed out its 10th winning week in the last 11

Stock market today: Wall Street closes out its 10th winning week in 11 with a mixed finish
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Asian shares are mostly higher after a mixed close on Wall Street

Asian shares are mostly higher after Wall Street drifted to a mixed close

Stock market today: Asian shares are mostly higher after a mixed close on Wall Street
Business|Entertainment|Finance|Stock Markets|US

Disney inks agreement with ValueAct, secures its support for company's board nominees

Disney has a new ally in activist investor ValueAct Capital Management, garnering its support for the company’s board nominees as it continues to wage a proxy battle with Nelson Peltz

Disney inks agreement with ValueAct, secures its support for company's board nominees
Asia|Business|Finance|Stock Markets

Stock market today: Asian stocks mixed in muted holiday trading as 2023 draws to a close

Asian shares are mixed in muted trading on the last trading day of the year

Stock market today: Asian stocks mixed in muted holiday trading as 2023 draws to a close
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Asian shares climb, tracking advance on Wall Street in final week of 2023

Asian shares have advanced, tracking gains on Wall Street after markets there reopened following Monday's holiday

Stock market today: Asian shares climb, tracking advance on Wall Street in final week of 2023
Business|Economy|Finance|Stock Markets|US

How the markets and the economy surprised investors and economists in 2023, by the numbers

Stocks in the U.S., Japan and Germany have risen 20% or more

How the markets and the economy surprised investors and economists in 2023, by the numbers
Asia|Business|Economy|Finance|Stock Markets|World

Stock market today: Asian shares are mixed. Japan's central bank keeps its monetary policy unchanged

Asian shares are mixed after a seven-week winning streak on Wall Street cooled

Stock market today: Asian shares are mixed. Japan's central bank keeps its monetary policy unchanged
Business|Economy|Finance|Stock Markets

Stock market today: Wall Street closes out its 7th straight winning week with a quiet finish

Wall Street drifted through mixed trading to put a quiet end to another rocking week

Stock market today: Wall Street closes out its 7th straight winning week with a quiet finish
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Asian shares slide after retreat on Wall Street as crude oil prices skid

Shares have fallen in Asia after a retreat on Wall Street as crude oil prices slipped on expectations that supply might outpace demand

Stock market today: Asian shares slide after retreat on Wall Street as crude oil prices skid
Asia|Business|Economy|Finance|News|Stock Markets|US|World

Stock market today: Asian shares are mostly up as weak jobs data back hopes for an end to rate hikes

Asian shares have advanced after most stocks slipped on Wall Street following a mixed set of reports on the U.S. economy

Stock market today: Asian shares are mostly up as weak jobs data back hopes for an end to rate hikes
Business|Economy|Finance|Stock Markets|Technology

Uber set to join the S&P 500 index in latest sign of a turnaround for the ride-hailing service

Uber's stock is set to join the S&P 500 index later this month

Uber set to join the S&P 500 index in latest sign of a turnaround for the ride-hailing service
Asia|Business|Economy|Finance|Stock Markets|US

Stock market today: Asian shares slip ahead of key US economic reports

Asian shares have declined in cautious trading ahead of some key reports this week on the U.S. job market that might provide insight into the Federal Reserve’s thinking about interest rates

Stock market today: Asian shares slip ahead of key US economic reports
Asia|Business|Economy|Finance|Stock Markets|US

Stock market today: Asian shares mostly higher ahead of consumer confidence and price data

Shares are mixed in Asia after Wall Street benchmarks edged lower as investors looked ahead to updates on inflation and how American consumers are feeling about the economy

Stock market today: Asian shares mostly higher ahead of consumer confidence and price data
Asia|Business|Europe|Finance|Stock Markets|US

Stock market today: World shares are mixed, with markets in Japan and US closed for holidays

Shares are mixed in Europe and Asia after a modest advance on Wall Street that kept the market on track for a fourth straight weekly gain

Stock market today: World shares are mixed, with markets in Japan and US closed for holidays
Asia|Business|Stock Markets|Technology

Stock market today: Asian shares are mostly higher after Wall Street rally led by Microsoft gains

Asian shares are mostly higher after a rally on Wall Street led by gains in Microsoft after it announced it was hiring Sam Altman, former CEO of OpenAI, the ChatGPT maker

Stock market today: Asian shares are mostly higher after Wall Street rally led by Microsoft gains
Business|Finance|Stock Markets|Technology|US

Boeing shares take off on report that China may lift 737 freeze, bumper Dubai orders

Shares of Boeing rose on Monday after a report said China was considering ending its freeze on purchases of the planemaker's best-selling 737 MAX aircraft after more than four years.

Boeing shares take off on report that China may lift 737 freeze, bumper Dubai orders
Business|Finance|Stock Markets

Drinks giant Diageo sees share price slide after warning about sales in Caribbean and Latin America

Spirits and beer giant Diageo saw billions wiped off its market value on Friday after it warned that a sharp slowdown in its business in Latin America and the Caribbean was hitting sales and potential profits

Drinks giant Diageo sees share price slide after warning about sales in Caribbean and Latin America
Business|Finance|Stock Markets|US

Newly spun-off WK Kellogg beats revenue estimates on strong cereal demand

WK Kellogg Co, the recently spun-off North American cereal business of Kellanova, beat Wall Street targets for third-quarter sales on Wednesday, as demand for its products withstood higher

Newly spun-off WK Kellogg beats revenue estimates on strong cereal demand
Business|Finance|News|Stock Markets

Warren Buffett's firm reports $12.8 billion loss as investments fall but its insurers performed well

Warren Buffett's company has reported a $12.8 billion loss as the paper value of its investments fell, but the companies it owns — particularly the insurers — generally performed well

Warren Buffett's firm reports $12.8 billion loss as investments fall but its insurers performed well
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Asian shares follow Wall St higher on hopes for an end to Fed rate hikes

Asian shares have advanced after Wall Street roared higher on hopes that market-rattling hikes to interest rates are coming to an end

Stock market today: Asian shares follow Wall St higher on hopes for an end to Fed rate hikes
Business|Economy|Technology

DoorDash orders surge 24% in the third quarter, helping to narrow the delivery app's losses

DoorDash reported better-than-expected sales in the third quarter as it gained users and they ordered more frequently

DoorDash orders surge 24% in the third quarter, helping to narrow the delivery app's losses
Asia|Business|Economy|Finance|Stock Markets|US

Stock market today: Asian shares mostly fall as investors look ahead to economic data

Asian shares are trading mostly lower as investors look ahead to a week that could see more swings in financial markets, including key reports on U.S. consumer confidence and the job market

Stock market today: Asian shares mostly fall as investors look ahead to economic data
Business|Finance

Another first for JPMorgan CEO Jamie Dimon, selling shares of the bank he's run for nearly 2 decades

JPMorgan Chairman and CEO Jamie Dimon and his family are planning to sell 1 million shares of the bank starting next year, according to a regulatory filing

Another first for JPMorgan CEO Jamie Dimon, selling shares of the bank he's run for nearly 2 decades
Business|Economy|Finance|News|Stock Markets|US

Stock market today: Wall Street falls, bringing the S&P 500 index 10% below its July peak

Stocks closed lower on Wall Street, bringing the S&P 500 index 10% below the peak it reached in July

Stock market today: Wall Street falls, bringing the S&P 500 index 10% below its July peak
Business|Economy|Finance|News|World

Stock market today: World shares mixed after China pledges more support for slowing economy

World shares are mixed after China pledged more spending to counter its economic slowdown

Stock market today: World shares mixed after China pledges more support for slowing economy
Business|Economy|Finance

Coke raises full-year sales forecast after stronger-than-expected 3rd quarter

Coca-Cola is raising its full-year revenue forecast after a stronger-than-expected third quarter

Coke raises full-year sales forecast after stronger-than-expected 3rd quarter
Asia|Finance|Stock Markets|US

Stock market today: Asian shares slip further as higher US 10-year Treasury yield pressures Wall St

Asian shares have retreated as the prospect of a 5% yield on the 10-year U.S. Treasury for the first time since 2007 added to pressure on Wall Street

Stock market today: Asian shares slip further as higher US 10-year Treasury yield pressures Wall St
Asia|Business|Economy|Finance|News|Stock Markets|US|World

Stock market today: Asian markets slip as rising yields in the bond market pressure stocks

Shares have fallen in Asia after a retreat on Wall Street as the vise tightened from rising yields in the bond market

Stock market today: Asian markets slip as rising yields in the bond market pressure stocks
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Asian shares rise after eased pressure on bonds pushes Wall Street higher

Shares are higher in Asia, tracking Wall Street gains following an easing of pressure from the bond market

Stock market today: Asian shares rise after eased pressure on bonds pushes Wall Street higher
Asia|Business|Economy|Finance|Stock Markets|World

Stock market today: Asian shares rise, buoyed by Wall Street rally from bonds and oil prices

Asian shares are mostly higher as a plunge in oil prices aided a recovery on Wall Street

Stock market today: Asian shares rise, buoyed by Wall Street rally from bonds and oil prices
Asia|Business|Finance|Stock Markets

Stock market today: Asian markets sink, with Hong Kong down 3% on heavy selling of property stocks

Asian markets have declined following a mixed session on Wall Street, where buying was pressured by rising bond yields

Stock market today: Asian markets sink, with Hong Kong down 3% on heavy selling of property stocks
Business|Economy|Finance|Stock Markets

Stock market today: Wall Street wraps its miserable September with another weak finish

Wall Street closed out its worst month of the year with more losses

Stock market today: Wall Street wraps its miserable September with another weak finish
Business|Entertainment|Technology

Billionaire Ryan Cohen takes over as CEO at GameStop, adding to chairman role

Billionaire Ryan Cohen, the largest individual investor in GameStop, is taking over as CEO at the video game retailer

Billionaire Ryan Cohen takes over as CEO at GameStop, adding to chairman role
Asia|Business|Economy|Finance|News|Stock Markets

Stock market today: Asian shares mixed, with most regional markets closed after Wall St ticks higher

Asian markets are mixed, with only a few open due to public holidays across the region

Stock market today: Asian shares mixed, with most regional markets closed after Wall St ticks higher
Asia|Business|Economy|Finance|News|Stock Markets

Stock market today: Asian shares mostly lower after Wall Street retreat deepens

Shares in Asia are mostly lower after Wall Street’s ugly September got even worse, with benchmarks dropping back to where they were in June

Stock market today: Asian shares mostly lower after Wall Street retreat deepens
Asia|Business|Economy|News

Stock market today: Asian shares dip with eyes on China economy, US shutdown

Asian shares are mostly sinking over worries about a possible U.S. government shutdown and the troubled Chinese economy

Stock market today: Asian shares dip with eyes on China economy, US shutdown
Asia|Business|Economy|Finance|Stock Markets|US

Stock market today: Asian shares mixed after interest rates-driven sell-off on Wall Street

Asian shares are mixed after another slump on Wall Street driven by expectations for U.S. interest rates to stay high well into next year

Stock market today: Asian shares mixed after interest rates-driven sell-off on Wall Street
Business|Europe|Finance|Stock Markets|Technology

Arm Holdings shares gain nearly 25% in biggest initial public offering since late 2021

Shares of U.K. chip designer Arm Holdings rose almost 25% in their stock market debut, in the largest initial public offering of shares in nearly two years

Arm Holdings shares gain nearly 25% in biggest initial public offering since late 2021

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