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Today: April 06, 2025
Today: April 06, 2025

Wall Street

Business|Economy|Finance|News|Stock Markets|US

Stock market today: Wall Street closes its worst week in six months with more losses

Wall Street wheezed to more losses as it limped to the finish of its worst week in six months

Stock market today: Wall Street closes its worst week in six months with more losses
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
Business|Economy|Finance|Stock Markets|US

Wall St ends higher as investors digest economic data ahead of inflation report

Wall Street's main indexes ended higher on Thursday as investors assessed the latest batch of economic data and as a surge in

Wall St ends higher as investors digest economic data ahead of inflation report
Business|Economy|Finance|Stock Markets

Goldman names head of wealth investment solutions for asset management

Wall Street giant Goldman Sachs has named Monali Vora as its head of wealth investment solutions for asset management, according to an internal memo seen by Reuters on Friday.

Goldman names head of wealth investment solutions for asset management
Business|Finance|Stock Markets|US

Exclusive-EquiLend stock lending platform for sale after collusion settlement -sources

EquiLend Holdings LLC, the securities lending platform owned by 10 of the biggest Wall Street firms, including Goldman Sachs Group

Exclusive-EquiLend stock lending platform for sale after collusion settlement -sources
Finance|US

Column-Dollar's smile makes Wall Street frown: McGeever

The 'dollar smile' can be a blessing for Wall Street, or a curse.

Column-Dollar's smile makes Wall Street frown: McGeever
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|Economy|Finance|US

US SEC charges 12 firms with record keeping failures

The U.S. securities regulator on Friday said it had fined 12 companies, including brokers, investment advisers and credit rating firms, for

US SEC charges 12 firms with record keeping failures
Business|Economy|Finance|Stock Markets|US

Stock market today: Wall Street leaps after eventually finding things to like in nuanced jobs report

Wall Street rallied in a whipsaw Friday and erased its morning losses after looking deeper into the nuances of a surprisingly strong report on the U.S. job market

Stock market today: Wall Street leaps after eventually finding things to like in nuanced jobs report
Business|Economy|Finance|Political|Stock Markets|US

Trump's SEC pick Atkins marks victory for establishment expertise

While Wall Street breathed a sigh of relief at President-elect Donald Trump's pick of respected Washington lawyer Paul Atkins to lead the

Trump's SEC pick Atkins marks victory for establishment expertise
Business|Finance|News|Stock Markets

Wall Street advances as investors monitor Mideast conflict headlines

Wall Street's major indexes closed higher on Monday while energy stocks rallied as investors digested the latest news about the conflict between Israel

Wall Street advances as investors monitor Mideast conflict headlines
Business|Finance|Stock Markets|Technology

Arm gets Wall Street's 'buy' on royalty plan, cloud expansion

Several Wall Street brokerages started coverage of Arm Holdings with their top ratings on Monday, saying the chip designer's dominance in the smartphone

Arm gets Wall Street's 'buy' on royalty plan, cloud expansion
Business|Economy|Finance|News|Stock Markets|US

Dovish Fed officials boost Wall Street as bond yields retreat

Wall Street indexes closed higher on Tuesday, to notch their third straight day of gains, after dovish comments from U.S.

Dovish Fed officials boost Wall Street as bond yields retreat
Business|Finance|Stock Markets

US SEC shortens stock disclosure deadline to 5 days

Wall Street's top regulator said on Tuesday it has tightened the timeline for investors to disclose 5% ownership stakes in companies they intend to control, shortening the allowed window

US SEC shortens stock disclosure deadline to 5 days
Business|Economy|Finance|News|Stock Markets|US

Wall Street advances as bond yields fall, investors digest Fed minutes

Wall Street's major indexes closed higher after Wednesday's choppy session with the release of minutes from the U.S.

Wall Street advances as bond yields fall, investors digest Fed minutes
Business|Finance|Stock Markets|US

Wall Street falls as Treasury yields rise, investors digest inflation data

Wall Street's main indexes closed lower on Thursday after a U.S.

Wall Street falls as Treasury yields rise, investors digest inflation data
Business|Economy|Finance|US

Wall St bonuses may drop 16% as higher rates threaten businesses - NY Comptroller

Wall Street bonuses could fall 16% this year as interest rates possibly staying higher for longer threatens the performance of financial companies, according to New York State Comptroller

Wall St bonuses may drop 16% as higher rates threaten businesses - NY Comptroller
Business|Finance|Stock Markets|US

Wall Street jumps, Treasury yields gain as high-profile earnings and data loom

Wall Street surged and Treasury yields rose on Monday as investors embarked upon the first full week of third-quarter earnings while keeping a close eye on the

Wall Street jumps, Treasury yields gain as high-profile earnings and data loom
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|Economy|Finance|Stock Markets|US

Goldman profit tops estimates as dealmaking cushions hit from GreenSky, real estate

Goldman Sachs' third-quarter profit dropped less than expected as a nascent recovery in dealmaking offset an $864 million writedown related to its

Goldman profit tops estimates as dealmaking cushions hit from GreenSky, real estate
Business|Finance

Citadel Securities, trade body sue US SEC over 'consolidated audit trail'

Citadel Securities and the American Securities Association, a trade group, announced on Tuesday that they are suing Wall Street's top regulator over new rules on the funding of a

Citadel Securities, trade body sue US SEC over 'consolidated audit trail'
Business|Finance|Stock Markets|US

Morgan Stanley profit down with lower investment banking revenue; shares tank

Morgan Stanley's third-quarter profit showed a hit from lethargic dealmaking, while shares sank 7.4% as some analysts pointed to a fall in

Morgan Stanley profit down with lower investment banking revenue; shares tank
Business|Finance|Stock Markets|US

Philip Morris tops quarterly profit on higher pricing, steady demand

Philip Morris International on Thursday beat Wall Street expectations for quarterly profit, boosted by a let up in soaring costs of tobacco and labor, and robust demand for its heated

Philip Morris tops quarterly profit on higher pricing, steady demand
Business|Economy|Finance|Stock Markets|US

Stock market today: Wall Street's worst week in a month closes out with more losses

Wall Street closed out its worst week in a month with more losses

Stock market today: Wall Street's worst week in a month closes out with more losses
Business|Finance|Stock Markets|Technology

Ad group Interpublic misses on sales and profit as tech firms spend less

Advertising group Interpublic missed Wall Street estimates for third quarter revenue and profit on Friday, as spending from its technology and telecom clients stayed muted, sending its

Ad group Interpublic misses on sales and profit as tech firms spend less
Business|Finance|Stock Markets|Technology

Hedge funds trim exposure to megacap tech stocks, banks say

Global hedge funds reduced their exposure to mega cap tech stocks in recent days, ahead of the companies' third-quarter earnings, two Wall Street banks said.

Hedge funds trim exposure to megacap tech stocks, banks say
Business|Economy|Finance|World

Wall Street leaders appear at Saudi conference amid conflict

Wall Street's top financiers showed up in force at an annual financial conference in Saudi Arabia on Tuesday despite broad concerns over travel in the

Wall Street leaders appear at Saudi conference amid conflict
Business|Finance|Stock Markets|US

Wall Street surges to close higher, powered by upbeat earnings, guidance

Wall Street ended higher on Tuesday as a spate of solid corporate earnings and upbeat forecasts stoked investor risk appetite and sparked a broad rally.

Wall Street surges to close higher, powered by upbeat earnings, guidance
Business|Finance|News|Stock Markets|US

HCA misses quarterly profit estimates on higher staffing cost

HCA Healthcare missed Wall Street estimates for quarterly profit on Tuesday, hurt by an increase in staffing costs and weak sales at its physician staffing joint venture Valesco, sending

HCA misses quarterly profit estimates on higher staffing cost
Asia|Business|Economy|Finance|News|Stock Markets|World

Stock market today: Asian shares rebound following latest tumble on Wall Street. Oil prices gain $1

Asian shares have risen after the latest tumble on Wall Street

Stock market today: Asian shares rebound following latest tumble on Wall Street. Oil prices gain $1
Finance|Stock Markets|US

Marketmind: Haunted by 5% ahead of ECB, GDP and Amazon

A look at the day ahead in U.S. and global markets from Mike Dolan The selloff in Wall Street stocks is starting to snowball as even megacap tech beats get batted away by a fresh wave of bond market

Marketmind: Haunted by 5% ahead of ECB, GDP and Amazon
Business|Finance|US

Wall Street strategist and '10 Surprises' author Byron Wien dies at 90

Byron Wien, who guided investors on what to buy and sell and authored a widely anticipated yearly list of "10 Surprises" as one of Wall Street's most

Wall Street strategist and '10 Surprises' author Byron Wien dies at 90
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|Finance|Stock Markets|US

Analysis-US investment banks see early signs of revival in dealmaking

Major Wall Street firms said a dismal year of dealmaking appears to have hit a trough, and now some companies are looking to merge, offering

Analysis-US investment banks see early signs of revival in dealmaking
Business|Economy|Finance|Stock Markets|US

Wall Street ends sharply higher, powered by earnings momentum; Fed eyed

Wall Street rallied on Monday, kicking off what promises to be a hectic week that includes a heavy earnings docket, economic data and the Federal Reserve's two-day

Wall Street ends sharply higher, powered by earnings momentum; Fed eyed
Business|Finance|Stock Markets|US

Analysis-Three years after DirectBooks, US bond market still phoning it in

Wall Street's three-year effort to modernize the way billions of dollars of new corporate bonds are sold via phone, chat message or email, is making slow progress.

Analysis-Three years after DirectBooks, US bond market still phoning it in
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
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|US

Taco Bell parent Yum Brands tops quarterly same-store sales estimates

Yum Brands on Wednesday topped Wall Street estimates for quarterly sales as inflation continues to weigh on budgets, prompting more consumers to turn to Taco Bell and Pizza Hut for cheaper

Taco Bell parent Yum Brands tops quarterly same-store sales estimates
Business|Economy|Finance|US

Analysis-Bruised Treasury bulls see glimmer of hope after Fed meeting, smaller issuance

Wall Street's bond investors received a much-needed shot in the arm on Wednesday, thanks to smaller-than-expected government borrowing from

Analysis-Bruised Treasury bulls see glimmer of hope after Fed meeting, smaller issuance
Business|Finance|Stock Markets|US

Wall Street indexes rally on bets of peak US interest rates, strong earnings

Wall Street's three main stock indexes rallied nearly 2% on Thursday on hopes that the U.S.

Wall Street indexes rally on bets of peak US interest rates, strong earnings
Business|Finance|US

Column-High and rising yields no barrier to higher stocks: McGeever

Fears that high and rising Treasury yields will pummel Wall Street are understandable, but ultimately misplaced - history shows that the link between

Column-High and rising yields no barrier to higher stocks: McGeever
Business|Economy|Finance|Stock Markets|US

Stock market today: Wall Street closes its best week of the year with even more gains

Wall Street steamrolled even higher to add more gains to its best week in nearly a year

Stock market today: Wall Street closes its best week of the year with even more gains
Business|Finance|Stock Markets

Stock market today: : Asian shares fall after bond market stress hits Wall Street

Asian shares have retreated after rising bond market yields once again weighed on Wall Street

Stock market today: : Asian shares fall after bond market stress hits Wall Street
Business|Economy|Finance|Stock Markets|US

Stock market today: Wall Street rallies and adds to its strong gains in November

Wall Street rose sharply to add to an already strong November, which is on track to be one of the market's best months of the year

Stock market today: Wall Street rallies and adds to its strong gains in November
Business|Finance

Exclusive-Goldman Sachs discusses bigger bonuses for top traders, dealmakers -sources

Goldman Sachs bosses are considering fatter bonuses to retain star traders and dealmakers this year as the bank looks to win over some who were

Exclusive-Goldman Sachs discusses bigger bonuses for top traders, dealmakers -sources
Business|Economy|Finance|Stock Markets|US

Wall Street barely gains as traders digest earlier gains, Fed comments

Wall Street's three major indexes edged up slightly on Friday as investors digested recent gains while remarks from Federal Reserve officials clouded

Wall Street barely gains as traders digest earlier gains, Fed comments
Business|Finance|Stock Markets|US

Hefty options 'disaster hedges' draw buyers as US stocks extend rally

A string of hefty bets on a doubling of Wall Street's best known volatility index is raising eyebrows in the U.S. equity options markets, though analysts say

Hefty options 'disaster hedges' draw buyers as US stocks extend rally
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|News|Stock Markets|Technology|US

Nasdaq leads Wall Street gains as Microsoft hits record

Wall Street's three major stock averages closed higher on Monday with Nasdaq's 1% rally leading the charge as heavyweight Microsoft hit a record high

Nasdaq leads Wall Street gains as Microsoft hits record
Business|Finance

Activist investor Ubben shutting down Inclusive Capital-sources

Jeff Ubben, one of Wall Street's most prominent activist investors, is shutting down Inclusive Capital Partners three years after starting the firm designed

Activist investor Ubben shutting down Inclusive Capital-sources
Business|Finance|Stock Markets|US

Analysis-Stock-hungry volatility funds, ‘gamma-heavy' options dealers could buoy US equities

An epic rally in U.S. stocks has sent Wall Street's fear gauge to a post-pandemic low.

Analysis-Stock-hungry volatility funds, ‘gamma-heavy' options dealers could buoy US equities
Business|Economy|Finance|US

Wall Street bank bosses warn lawmakers of economic toll from tough new rules

Wall Street bank bosses warned lawmakers on the Senate Banking Committee on Wednesday that capital hikes and other new regulations being contemplated by U.S. bank regulators

Wall Street bank bosses warn lawmakers of economic toll from tough new rules
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
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
Business|Economy|Finance|Stock Markets|US

Wall St opens lower as rate-cut rally fizzles; FedEx slides

Wall Street's main indexes opened lower on Wednesday as investors took a breather from a rally that was sparked by the Federal Reserve's likely pivot to a dovish policy, while FedEx

Wall St opens lower as rate-cut rally fizzles; FedEx slides
Asia|Business|Finance|Stock Markets

Stock market today: Asian shares fall as Wall Street retreats, ending record-setting rally

Asian shares have slipped after Wall Street slammed the brakes on its big rally following disappointing corporate profit reports and warnings that the market had simply gone too far, too fast

Stock market today: Asian shares fall as Wall Street retreats, ending record-setting rally
Business|Economy|Finance|Stock Markets|US

Stock market today: Wall Street ticks closer to record highs to cap its 8th straight winning week

Wall Street closed its eighth straight winning week with a quiet finish following reports showing inflation on the way down and the economy potentially on the way up

Stock market today: Wall Street ticks closer to record highs to cap its 8th straight winning week
Business|Finance|Stock Markets|US

Wall Street awaits 'Santa Rally' with US stocks near records

Wall Street is counting on the so-called Santa Claus Rally to bring record highs as markets close out 2023 with strong gains.

Wall Street awaits 'Santa Rally' with US stocks near records
Asia|Business|Finance|Stock Markets

Stock market today: Asian shares slip, echoing Wall Street's weak start to 2024

Asian stocks are lower, tracking a weak start to 2024 on Wall Street as Japan's markets reopened

Stock market today: Asian shares slip, echoing Wall Street's weak start to 2024
Business|Economy|Finance|Stock Markets|US

Wall Street's hopes for rate cuts may be too optimistic, like they've been so many times before

Even when everyone agrees the interest-rate cuts that Wall Street craves so much are coming, there’s still room for potential disappointment

Wall Street's hopes for rate cuts may be too optimistic, like they've been so many times before
Business|Economy|Finance|News|Stock Markets|US

Stock market today: Wall Street shaves off some losses to close its worst week in the last 10

Wall Street ended a listless day with slight gains after reports showed workers are getting bigger raises, but also that key parts of the economy still don’t look like they’re overheating

Stock market today: Wall Street shaves off some losses to close its worst week in the last 10
Asia|Business|Finance|Stock Markets|World

Stock market today: Asian shares advance following Wall Street rally led by technology stocks

Asian shares have advanced after Wall Street rallied to claw back almost all the losses from its slow start to the year

Stock market today: Asian shares advance following Wall Street rally led by technology stocks
Business|Economy|Finance|News|Stock Markets|US

Wall Street drops as inflation data dulls rate-cut hopes

Wall Street's main indexes fell in choppy trading on Thursday after a hotter-than-expected inflation print dampened hopes of early interest-rate cuts

Wall Street drops as inflation data dulls rate-cut hopes
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
Business|Finance|Stock Markets|US

Wall Street's 'fear gauge' hits two-month high as stocks slide

A decline in U.S. stocks sent Wall Street's "fear gauge" to a two-month high on Wednesday, as investors tempered rate cut expectations after stronger-than-

Wall Street's 'fear gauge' hits two-month high as stocks slide
Business|Economy|Finance|News|Stock Markets|US

Stock market today: Wall Street hits record high following a 2-year round trip scarred by inflation

Wall Street returned to record heights and capped a punishing, two-year round trip dogged by high inflation and worries about a possible recession

Stock market today: Wall Street hits record high following a 2-year round trip scarred by inflation
Business|Economy|Finance|Stock Markets|US

S&P 500, Nasdaq muted as mixed earnings weigh on risk appetite

The benchmark S&P 500 and the Nasdaq were flat on Tuesday as a mixed bag of earnings from industry bellwethers threatened to douse a recent rally,

S&P 500, Nasdaq muted as mixed earnings weigh on risk appetite
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

Dow beats fourth-quarter profit estimates

Chemicals maker Dow beat Wall Street estimates for fourth-quarter profit on Thursday, helped by a pick-up in product sales volumes.

Dow beats fourth-quarter profit estimates
Business|Finance

Factbox-Key executives at JPMorgan taking on new roles

JPMorgan Chase shuffled executives on Thursday to give them more experience running different businesses as Wall Street focuses on succession

Factbox-Key executives at JPMorgan taking on new roles
Business|Finance|Stock Markets|US

Bank of America bonuses for dealmakers, traders are broadly flat -source

Bank of America's bonus pool for investment bankers will range from steady to 3% lower for 2023 under pressure from a slowdown in dealmaking, but star performers

Bank of America bonuses for dealmakers, traders are broadly flat -source
Business|Finance|Food|Stock Markets|US

Starbucks misses quarterly sales estimates

Starbucks missed Wall Street estimates for quarterly sales on Tuesday, in a sign that demand for its pricey coffees and cold drinks in the U.S. might be hitting a roadblock, heaping

Starbucks misses quarterly sales estimates
Business|Economy|Finance|News|US

Corteva profit beats estimates on higher seed prices

Agricultural chemical and seed company Corteva beat Wall Street estimates for fourth-quarter profit on Wednesday as higher prices in its seeds business offset lower volumes.

Corteva profit beats estimates on higher seed prices
Asia|Business|Economy|Finance|Technology

Stock market today: Asian shares mostly rise after Wall Street rebound led by tech stocks

Asian shares are trading mostly higher, helped by optimism about technology shares following a Wall Street rally led by big tech stocks

Stock market today: Asian shares mostly rise after Wall Street rebound led by tech stocks
Business|Economy|Finance|News|Stock Markets|US

Futures under pressure as Treasury yields climb; earnings on tap

U.S. stock index futures dipped on Monday, pressured by rising Treasury yields, as investors turned cautious on the timing of interest rate cuts while awaiting more quarterly reports from

Futures under pressure as Treasury yields climb; earnings on tap
Business|Finance

Centene quarterly profit beats estimates on higher demand

Centene Corp beat Wall Street estimates for fourth-quarter profit on Tuesday, helped by higher premiums in its commercial insurance business.

Centene quarterly profit beats estimates on higher demand
Business|Finance|Health|Stock Markets|US

GE HealthCare forecasts 2024 profit largely above estimates

GE HealthCare forecast 2024 profit largely above Wall Street expectations and beat fourth-quarter profit estimates on strong demand for its imaging devices, sending the company's shares up

GE HealthCare forecasts 2024 profit largely above estimates
Business|Economy|Finance|Stock Markets

Bunge beats fourth-quarter profit estimates on strong export demand

Bunge beat Wall Street estimates for fourth-quarter profit on Wednesday, as the grain trader and processor benefited from strong global export demand.

Bunge beats fourth-quarter profit estimates on strong export demand
Business|Finance|Stock Markets|US

Investor Ackman's Pershing Square launches new fund aimed at US retail investors

Billionaire investor William Ackman is offering a new hedge fund to U.S.-based retail investors, allowing Main Street to tap into his double digit performance gains previously

Investor Ackman's Pershing Square launches new fund aimed at US retail investors
Business|Economy|Finance|Technology|US

PayPal beats Q4 profit estimates

PayPal beat Wall Street estimates for fourth-quarter profit on Wednesday as more Americans used its payments platform for shopping during the holiday season.

PayPal beats Q4 profit estimates
Business|Economy|Finance|News|Stock Markets|US

Futures struggle for direction ahead of earnings, economic data

U.S. stock index futures see-sawed in a tight range on Thursday following a strong finish on Wall Street a day earlier ahead of big-ticket earnings reports, while investors also awaited

Futures struggle for direction ahead of earnings, economic data
Business|Finance|News|Stock Markets|US

ConocoPhillips beats fourth-quarter profit estimates on higher production

U.S. oil and gas producer ConocoPhillips beat Wall Street estimates for fourth-quarter profit on Thursday, helped by higher production from newly acquired assets.

ConocoPhillips beats fourth-quarter profit estimates on higher production
Business|Finance|Technology

Pinterest forecasts first quarter revenue below estimates

Pinterest forecast first-quarter revenue below Wall Street estimates on Thursday, a sign that it is facing tough competition from larger social media players even as the digital

Pinterest forecasts first quarter revenue below estimates
Business|Finance|News

PepsiCo posts rare sales miss as price hikes dent demand

PepsiCo fell short of Wall Street estimates for fourth-revenue as the soda and snacks giant's multiple price hikes crimped demand for its juices and Lay's crisps.

PepsiCo posts rare sales miss as price hikes dent demand
Business|Economy|Finance|US

Analysis-US banks, private equity firms compete to finance debt-backed deals

Wall Street banks are raising billions of dollars to regain ground in lending to companies in debt-backed deals after giant private equity and

Analysis-US banks, private equity firms compete to finance debt-backed deals
Business|Finance|Stock Markets|US

US SEC proposes to update definition of 'qualifying' VC funds

Wall Street's top watchdog on Wednesday proposed new rules that would raise the dollar-threshold for venture capital funds to be covered by a principal statute regulating investment funds.

US SEC proposes to update definition of 'qualifying' VC funds
Business|Economy|Europe|Finance|News|Stock Markets|US

Britain eyes phased approach in move to speed up share trading

Britain will push ahead with faster completion of share transactions to catch up with Wall Street, but market participants will be given enough time to adapt their

Britain eyes phased approach in move to speed up share trading
Asia|Business|Finance|Stock Markets

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

Shares are higher in Asia after Wall Street stocks recovered much of their sharp losses from a day before

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

Marketmind: Rates angst, China cut and credit card deal

A look at the day ahead in U.S. and global markets from Mike Dolan Wall St returns from its long weekend to a mix of interest rate cut doubts, retailer updates and the biggest U.S. corporate deal of

Marketmind: Rates angst, China cut and credit card deal
Business|Finance|US

Chemicals maker Celanese Corp misses quarterly profit estimates on lower prices

Chemicals maker Celanese Corp missed Wall Street estimates for fourth-quarter profit on Tuesday, weighed by lower prices for its products across units.

Business|Finance|Stock Markets|US

Casino operator Caesars misses quarterly revenue estimates

Caesars Entertainment missed Wall Street expectations for fourth-quarter revenue on Tuesday, as strength in its Las Vegas casino operations was offset by higher costs.

Casino operator Caesars misses quarterly revenue estimates
Business|Economy|Finance|Stock Markets|US

Marathon Oil beats profit estimates

Marathon Oil beat Wall Street estimates for fourth-quarter profit on Wednesday as the U.S. shale producer got a boost from higher production.

Marathon Oil beats profit estimates
Business|Finance|Stock Markets|Technology

Nasdaq futures jump nearly 2% after Nvidia trounces expectations

Futures tracking the tech-heavy Nasdaq jumped about 2% on Thursday after Nvidia's bumper results and forecast gave a fresh boost to the euphoria around artificial intelligence that has

Nasdaq futures jump nearly 2% after Nvidia trounces expectations
Asia|Finance|Stock Markets|Technology

Stock market today: Asian stocks advance after Nvidia sets off a rally on Wall Street

Asian markets are mostly higher after Nvidia delivered another blowout quarter, setting off a rally in other technology companies that carried Wall Street to another record high

Stock market today: Asian stocks advance after Nvidia sets off a rally on Wall Street
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|Celebrity|Economy|Fashion and Beauty|Stock Markets

Lululemon faces sluggish sales as upstart brands nip at its heels

Lululemon, facing its slowest quarterly growth in more than four years, will have to deal with Wall Street questions on whether it has made significant strides toward

Lululemon faces sluggish sales as upstart brands nip at its heels
Economy|Finance|Stock Markets|US

Futures muted after rally on AI boost, inflation relief

U.S. stock index futures were subdued on Friday after a rally in the previous session, driven by enthusiasm about the potential for artificial intelligence and an inflation reading that

Futures muted after rally on AI boost, inflation relief
Business|Finance|Stock Markets|Technology

US value stocks draw bargain hunters while AI fever rages

As fervor for artificial intelligence sweeps Wall Street, some investors are seeking bargains in more conventional areas of the stock market.

US value stocks draw bargain hunters while AI fever rages
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|Economy|Finance

Target posts hefty fourth quarter profit but sales suggest Americans remain cautious on spending

Target on Tuesday reported a 58% increase in fourth-quarter profits that handily beat Wall Street expectations as the discounter held down costs and kept inventory lean

Target posts hefty fourth quarter profit but sales suggest Americans remain cautious on spending
Asia|Business|Economy|Finance|News|Stock Markets|Technology

Stock market today: Asia stocks mixed after Wall Street slumps to worst day in weeks

Asia stocks are mixed after tumbling Big Tech stocks dragged Wall Street to its worst day in three weeks

Stock market today: Asia stocks mixed after Wall Street slumps to worst day in weeks
Business|Economy|Finance|News|Stock Markets|US

Marketmind: Powell tees up after megacaps scatter

A look at the day ahead in U.S. and global markets from Mike Dolan Wall St stocks' worst day in almost three weeks sets the backdrop for Wednesday's congressional testimony from Federal Reserve chair

Marketmind: Powell tees up after megacaps scatter
Business|Finance|US

Exclusive-US regulators expected to significantly reduce Basel capital burden, sources say

U.S. regulators are expected to significantly reduce the extra capital banks must hold under a proposed rule that has drawn aggressive pushback from Wall

Exclusive-US regulators expected to significantly reduce Basel capital burden, sources say
Business|Economy|Environment|Finance|Stock Markets|Technology|US

US SEC meets to vote on climate rule

Wall Street's top regulatory body was meeting on Wednesday to vote on rules that would force public companies to disclose certain climate-related risks, in first-of-its-kind

US SEC meets to vote on climate rule
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Asian shares trade mixed after Wall Street recovers

Asian shares are trading mixed after Wall Street recovered some losses from the day before

Stock market today: Asian shares trade mixed after Wall Street recovers
Business|Economy|Finance|Stock Markets|US

Futures tiptoe higher ahead of more economic data, Powell testimony

Wall Street futures edged higher on Thursday ahead of more economic data and commentary from Jerome Powell after the Federal Reserve chair stuck

Futures tiptoe higher ahead of more economic data, Powell testimony
Business|Finance|US

As Wall Street titans gather, finance museum searches for a home

Financial industry heavyweights convened in New York last week to raise funds for a finance museum that has lost its iconic Wall Street address.

As Wall Street titans gather, finance museum searches for a home
Business|Finance

Former ValueAct partner Haggart to launch activist firm, sources say

A former partner at ValueAct Capital Management, one of Wall Street's best known activist investment firms, will start his own firm, according to people familiar

Asia|Business|Finance|Stock Markets|US

Asia shares slip, yen firms as Japan GDP data revised up

Asian share markets followed Wall Street lower on Monday while the dollar looked vulnerable ahead of a reading on U.S. inflation that could hasten, or delay, the start

Asia shares slip, yen firms as Japan GDP data revised up
Business|Economy|Finance|Stock Markets|US

Explainer-New York lawmakers tackle sovereign debt reworks again

Another attempt to streamline the resolution of sovereign debt restructurings is making its way through the New York State legislature, and Wall Street is again

Explainer-New York lawmakers tackle sovereign debt reworks again
Asia|Business|Finance|Stock Markets

Stock market today: Asian shares mostly rise after Wall Street's record rally

Asian shares are mostly rising, encouraged by a record rally on Wall Street

Stock market today: Asian shares mostly rise after Wall Street's record rally
Business|Economy|Finance|Stock Markets

Futures rise in run-up to inflation figures, retail sales data

Futures tracking Wall Street's main stock indexes advanced on Thursday as investors awaited a raft of economic data, including the producer

Futures rise in run-up to inflation figures, retail sales data
Business|Finance|Stock Markets

Goldman bumps up 2023 pay for top three executives by 24%

The top three executives at Goldman Sachs saw their pay jump nearly 24% in 2023, the Wall Street giant disclosed in a filing on Friday.

Goldman bumps up 2023 pay for top three executives by 24%
Business|Economy|Finance

The average bonus on Wall Street last year was $176,500. That's down slightly from 2022

The average Wall Street bonus fell slightly last year to $176,500

The average bonus on Wall Street last year was $176,500. That's down slightly from 2022
Business|Economy|Finance|US

Wall Street bonuses fell 2% for 2023, New York Comptroller says

Wall Street's cash bonuses fell 2% to an average $176,500 last year as financial firms took a more cautious approach to compensation, according to an estimate

Wall Street bonuses fell 2% for 2023, New York Comptroller says
Business|Economy|Finance|Stock Markets|US

Chipotle's board has approved a 50-for-1 stock split. Here's what that means

In a rare move on Wall Street, Chipotle Mexican Grill’s board has approved a 50-for-1 stock split

Chipotle's board has approved a 50-for-1 stock split. Here's what that means
Business|Finance|Stock Markets|Technology|US

Wall Street debut of Trump's Truth Social network could net him stock worth billions on paper

The Wall Street debut of Donald Trump’s Truth Social network could give him stock worth billions of dollars on paper

Wall Street debut of Trump's Truth Social network could net him stock worth billions on paper
Business|Finance|Stock Markets

Nike beats quarterly revenue estimates as discounts draw demand

Nike beat Wall Street estimates for quarterly revenue on Thursday, as deep discounts on its athletic apparel and sneakers during the holiday season helped it reel in shoppers.

Nike beats quarterly revenue estimates as discounts draw demand
Business|Finance|Stock Markets|Technology

Reddit users downvote stellar Wall Street debut

As Reddit's stock market value soared to almost $9 billion in its Wall Street debut on Thursday, commenters on the social media website's largest stock trading forums

Reddit users downvote stellar Wall Street debut
Business|Finance|Stock Markets|US

Futures tick up after Wall Street hits record highs

U.S. stock index futures inched higher on Friday, setting Wall Street on course for strong weekly gains as investors cheered the Federal Reserve sticking to its rate-easing stance and

Futures tick up after Wall Street hits record highs
Business|Economy|Finance|News|Stock Markets|US

US equity funds draw biggest weekly inflow in nine months

U.S. equity funds witnessed robust demand in the seven days to March 20, buoyed by Wall Street's continued rally and expectations of Federal Reserve rate cuts later this year.

US equity funds draw biggest weekly inflow in nine months
Asia|Business|Finance|News|Stock Markets

Stock market today: Asian shares are mixed after Wall Street retreats from all-time highs

Asian shares are mixed after Wall Street slipped a bit further from its record highs

Stock market today: Asian shares are mixed after Wall Street retreats from all-time highs
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

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