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US stocks today: US stocks slips as oil jumps on renewed Mideast concernsWall Street slipped as oil prices jumped after Iran signaled a tougher nuclear stance, raising fears of prolonged supply disruption. Rising...
US stocks today: S&P 500, Nasdaq hit fresh peaks as tech stocks, jobs data lift sentimentU.S. stocks surged at Friday's open, driven by a robust employment report that alleviated concerns about a cooling labor market. A rebound ...
Sell in May and go away? Not so fast, as earnings, geopolitics may offset seasonal concernsBlindly following the old Wall Street adage "sell in May and go away" may prove costly, as investors weigh whether to call time on a powerf...
Some Amazon sellers are pulling out of Prime Day amid Trump tariffsThe planned pullback, which hasn't been previously reported, is a way for sellers to protect profit margins amid the US-China trade war tri...
Salesforce shares scale record high on promising AI toolsSalesforce hit a record high of $368.7 in early morning trading and is set to add more than $35 billion to its market valuation of $316.85 ...
Warren Buffett's Berkshire halves Apple stake, boosts cash to $277 billion even as operating profit sets recordBerkshire's results suggest the 93-year-old Buffett, one of the world’s most revered investors, is growing wary about the broader U.S. econ...
Wall St Week Ahead-Inflation data, presidential debate could sink summer rallyThe typical summer slowdown in U.S. stock markets may be more pronounced this year due to inflation jitters and an early presidential debat...
US will have 18 ETFs launched this week for 2023 weekly recordThe products include five new ETFs from Capital Group, a cluster of eight from Brookstone Asset Management, and two from Dimensional Fund A...
SoftBank's chip designer Arm extends gains after $65 bln Nasdaq debut"The huge enthusiasm around trading suggests there is very much still appetite for high-growth names, and there's growing hope that the IPO...
Apple reports solid profits, but sees greater hit from strong dollarApple notched growth in most operating regions and product categories and released an earnings statement that contained no obvious red flag...
Wall St Week Ahead-Investors wonder when vicious sell-off in U.S. stocks will endIf the S&P 500 closes below the mid-June low in the days ahead, that may prompt another wave of aggressive selling, Stovall said. This coul...
The chip supply chain is getting harder to tradeThe Covid-19 pandemic spurred an unprecedented supply crunch, shutting down semiconductor factories while also fueling demand for consumer ...
S&P 500 sinks into bear market amid brutal equities selloffThe S&P 500 slipped 1.8% on Friday, pushing 20% below its record closing high on Jan. 3. The drop is part of a seven-week slide in the broa...
Ukraine war to sully clothes sales from Levi to Ralph LaurenAmerican clothes firms' European businesses were just recovering from two years of pandemic restrictions.
BlackRock profit beats as assets grow to a record $9.5 trillionBlackRock's assets under management jumped to a record $9.49 trillion in the second quarter from $7.32 trillion a year earlier. "More than ...
Wall Street Week Ahead: 'Santa Claus rally' threatened by COVID-19 resurgence, Georgia electionsStocks have tended to perform well in the last five trading days of December, and the first two of January, a phenomenon known as the Santa...
Wall Street Week Ahead: After blazing energy rally, investors check the fuel gaugeEnergy shares overall soared nearly 27 per cent in November, leading the charge among sectors expected to benefit from the broad economic r...
US renewable fuels legislation could garner bipartisan support under BidenBiden, elected president last week, defeating Republican Donald Trump, has pledged to move the United States to a zero-carbon emissions sch...
Warren Buffett's Berkshire suffers in pandemic even as Apple boosts profitThird-quarter operating profit fell 32% to $5.48 billion, or about $3,488 per Class A share, from $8.07 billion a year earlier.
Citigroup Q2 results: Profit plunges 73% as lender sets aside $8 bn for loan provisionsThe largest US banks have so far stashed away more than $52 billion to prepare for possible losses this year as the economy heads into one ...