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Dow hits 50,000, Nvidia soars as traders focus on AI spending
The DOJ is reviewing whether Netflix used anti-competitive tactics in its proposed $82.7B bid for Warner Bros Discovery.
Wall Street ends sharply down as AI worries weigh
U.S. stocks fell sharply as heavy AI spending plans from Alphabet and Big Tech reignited fears over profits and valuations.
Wall Street ends down as AI worries slam tech stocks
U.S. stocks fell as investors questioned lofty AI valuations, dragging down chip and software stocks including AMD.
Wall Street ends sharply down as traders fret about AI disruption
Wall Street fell as AI competition worries sent software stocks lower ahead of earnings from Alphabet, Amazon and others.
Global stock index edges down, silver and oil extend losses
NEW YORK/ LONDON, Feb 2 (Reuters) – MSCI’s global equities gauge edged lower on Monday, with Wall Street providing a boost while the dollar rose and investors dealt with a deepening selloff in precious metals ahead of a week packed with corporate earnings, central bank meetings and major economic data. Also on Monday[...]
After bank mergers comes ‘big work’ of integration
Looser antitrust enforcement under Trump is expected to fuel more bank mergers, reshaping Virginia’s banking landscape.
Heavy earnings week, jobs data to test US stocks after Microsoft swoon
Another huge batch of corporate earnings including from megacaps Alphabet and Amazon will test the U.S. stock market in the coming week after a disappointing report from heavyweight Microsoft weighed on equity indexes.
Stocks slip as Microsoft drags, oil jumps on Iran attack worry
Global stocks dipped as Microsoft shares plunged after earnings, pressuring tech stocks, while oil prices jumped on U.S.-Iran tensions.
Stocks retreat from record high, dollar higher after Fed keeps rates steady
NEW YORK, Jan 28 (Reuters) – Global stocks were on pace to snap a five-session streak of gains on Wednesday, while the U.S. dollar held on to gains after the Federal Reserve kept rates steady, as widely expected. In keeping rates unchanged, the Fed cited still-elevated inflation alongside solid economic growth, and gave li[...]
S&P 500 marks closing record as corporate earnings roll in; Medicare rates hit insurers
Jan 27 (Reuters) – The S&P 500 notched a record closing high and its fifth straight day of gains on Tuesday with a mixed reception to the latest earnings reports and a steep selloff in health insurers countering optimism ahead of megacap reports. UnitedHealth led losses in healthcare stocks and in the Dow Jones Industr[...]
Wall Street indexes close higher ahead of earnings, Fed meeting
Jan 26 (Reuters) – The S&P 500 and the Nasdaq advanced for a fourth consecutive session on Monday, as investors geared up for a slew of mega-cap earnings and a Federal Reserve update on interest rate policy later this week. Both indexes hit their highest levels in more than a week and registered their longest […[...]
Dow ends lower, with S&P flat, as Intel’s outlook weighs on risk appetite
Jan 23 (Reuters) – The Dow Jones Industrial Average stumbled to a lower close on Friday, while the S&P 500 ended largely unchanged, as investors’ risk appetite was dimmed at the end of a topsy-turvy week by Intel’s plunge on a downbeat outlook. All three Wall Street benchmarks had rebounded in the past two [...]
