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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Yellen credits economy’s resilience for the rise in long-term bond yields
Treasury Secretary Janet Yellen says the rise in long-term yields is due to the surprising strength of the U.S. economy.…
Earnings call: Arthur J. Gallagher & Co. reports strong Q3 2023 results, announces leadership changes
© Reuters. Arthur J. Gallagher & Co. (NYSE:AJG) has reported a robust third quarter in 2023, with a 22% revenue…
Best Quarter Since 2021, But Cloud Division Underwhelms
Key takeaways Amazon tripled its profit and surpassed revenue expectations for the third quarter But AWS came in a hair…
Nasdaq headed for 3rd week in the red despite boost from strong Amazon earnings
U.S. stocks were slightly higher Friday morning, buoyed by well-received results from megacap technology stock Amazon.com and the latest batch…
Earnings call: Amalgamated Financial Corporation Q3 2023 results highlight growth, sustainability commitment
© Reuters. Amalgamated Financial Corporation (NASDAQ:AMAL) discussed its Q3 2023 earnings in a recent conference call, outlining its strategy for…
Crypto Legislation May Still Have Life In Congress
While some in the crypto industry may be disappointed that an industry ally was not chosen as the Speaker of…
Amazon, Intel, Chevron, Ford, Enphase, Deckers, Capital One, and More Movers
Amazon’s third-quarter earnings of 94 cents a share were well ahead of analysts’ estimates of 58 cents. Dreamstime Stocks were…
Earnings call: Amazon reports $143.1 billion Q3 revenue, up 11% YoY, with a focus on customer experiences and AI
© Reuters. Amazon.com Inc (NASDAQ:). has reported a revenue of $143.1 billion in the third quarter of 2023, marking an…
What’s Next For Coca-Cola Stock After 4% Gains In A Week Amid Q3 Beat?
Coca-Cola KO (NYSE: KO) recently reported its Q3 results, with revenues and earnings beating our estimates. KO stock is trading…
GM’s Cruise Suspends All Driverless Car Operations. It’s a Setback.
Cruise has been offering autonomous taxi rides since 2022. Courtesy Cruise General Motors’ robotaxi company Cruise has halted its entire…
Earnings call: Alimera Sciences reports record Q3 revenue, eyes $100 million in 2024
© Reuters. Alimera (NASDAQ:) Sciences announced its third-quarter financial results for 2023, reporting a record net revenue of $23.4 million,…
Explainer-What is pushing the Nigerian naira to record lows?
By Chijioke Ohuocha ABUJA (Reuters) - Nigeria's naira is on the brink of breaching 1,000 per dollar after falling to…
Better Than Expected Earnings From Amazon And Intel
Key Takeaways Tech Stocks Officially In A Correction Margins Increase At Both Amazon And Intel Inflation In Line With Expectations…
Oil prices climb after U.S. launches strikes on targets in eastern Syria linked to Iran
Oil prices recovered some ground on Friday, after seeing two-week lows, when U.S. warplanes bombed targets linked to Iran in…
Earnings call: Alerus Financial Corporation reports improved net interest margin and steady deposit balances
© Reuters. Alerus Financial (NASDAQ:) Corporation (NASDAQ:ALRS), in its recent earnings conference call, reported an improved net interest margin and…
Explainer-China imposes growth limits on vast oil refining industry
By Chen Aizhu SINGAPORE (Reuters) - China has set a minimum size for new oil refineries and will ban small…
Israeli Tech Companies Use ‘Community’ And ‘Creative Energy’ To Adapt During Conflict With Hamas
The October 7 attack on Israel by Hamas caused shock and horror. Israel’s high technology business leaders are processing their…
Amazon’s AWS Has Its Challengers. Analysts Think AI Is Key to Staying Dominant.
Amazon Web Services is the largest global cloud-computing business, ahead of Microsoft’s Azure and Google Cloud. Noah Berger/Getty Images for…