Markets
Dollar bounces before inflation data, bitcoin hits two-year high By Reuters
By Karen Brettell NEW YORK (Reuters) -The dollar jumped against the euro and yen on Wednesday as investors positioned for U.S. and European inflation data…
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Honasa Consumer IPO closes, oversubscribed by 7.6 times
© Reuters. Honasa Consumer's initial public offering (IPO) closed on Thursday after being oversubscribed by 7.6 times. The company, which…
Oil prices steady, on track for second straight week of losses
By Arathy Somasekhar (Reuters) - Oil prices were little changed on Friday, heading for their second straight week of losses…
Dow surges over 560 points as S&P 500 scores biggest gain since April
Stocks soared Thursday as Treasury yields retreated after the Federal Reserve a day earlier signaled a wait-and-see approach on further…
Indian equities rebound, spurred by dovish US Federal Reserve stance
© Reuters. Indian equity markets experienced a strong recovery on Thursday, following two consecutive days of losses. The rebound was…
Oil prices steady after wild swings, but set for second week of losses
Investing.com-- Oil prices steadied in Asian trade on Friday after a weakened dollar and easing concerns over the Israel-Hamas war…
Up 35% This Year, How Will Applied Materials Stock Trend Following Q4 Results?
Applied Materials AMAT is expected to publish its Q4 FY’23 results on November 16, reporting on another quarter that is…
Yelp Earnings Top Estimates on Strong Ad Demand From Home Services Sector
Yelp said revenue grew 12% year over year in the third quarter. Andrew Harrer/Bloomberg Yelp posted better-than-expected financial results and…
Uber, Lyft to pay $328 million to settle New York wage theft claims
© Reuters. FILE PHOTO: A sign marks a rendezvous location for Lyft and Uber users at San Diego State University…
Ozempic Sales Up 58% As Drugmaker Novo Nordisk Nets Record Profits
Topline Danish pharmaceutical giant Novo Nordisk reported the most robust quarterly profits and sales in its history Thursday, as Europe’s…
Stock, bond markets jump on a Fed-is-done trade that may be too early to call
Financial markets are settling into a narrative in which the Federal Reserve is likely done with raising interest rates, while…
Beyond Meat again cuts annual revenue forecast, launches new cost-cut program
© Reuters. FILE PHOTO: A woman sits next to a poster at the booth of plant-based food company Beyond Meat…
Sectors Likely To Make New Highs
It was the third negative month in a row for the market averages and the SPDR Sector ETFs also had…
Mortgage Firm Change in Deal to Keep Community Lender Status
The CDFI Fund, part of the U.S. Treasury Department, administers a special lending program intended to help underprivileged borrowers. Chip…
Cheniere Q3 profit beats estimates despite weaker LNG prices
© Reuters. FILE PHOTO: A tree decorates the lounge of Houston-based liquefied natural gas company Cheniere during the LNG 2023…
Apple Beats Estimates For Quarterly Profit, Sales Even As Annual Profits Slide
Topline Apple topped Wall Street’s expectations in its Thursday afternoon earnings report, though the world’s most valuable company reported far…
Buy Amazon Stock, Analyst Says. AWS Is the Company’s ‘Crown Jewel.’
Amazon stock has jumped 64% this year. Photograph by Jason Alden/Bloomberg The growth opportunities at Amazon Web Services could exceed the upside…
Ferrari sees strong demand stretching into the distance
© Reuters. Ferrari Classiche cars are pictured in a garage at the Ferrari factory in Maranello, Italy, April 6, 2023.…
Despite Bumpy Ride For Markets, Economy Chugs Along
As November begins, it’s a good time to take stock of what happened in the markets in October. Unfortunately, the…