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Investing.com — Shares of prominent technology companies experienced gains in Wednesday’s trading session, following the announcement of a significant joint venture in the artificial intelligence (AI) sector. Server manufacturers Dell (NYSE:) and Super Micro saw their stocks rise by 3% and 4.5% respectively, while tech giants Microsoft and Nvidia enjoyed…
By Yuka Obayashi TOKYO (Reuters) – Oil prices climbed on Friday, heading for a fourth weekly gain, driven by concerns over tighter supply following U.S. sanctions on Russian oil producers and signals from a Federal Reserve official of potential interest rate cuts. futures rose 13 cents, or 0.2%, to $81.42…
By Lewis (JO:) Krauskopf NEW YORK (Reuters) -U.S. inflation data in the coming week could test the nerves of stock investors and further inflame worries about rising Treasury yields and uncertainty over Donald Trump’s policy plans. After back-to-back standout years, the stock market has wobbled out of the gate in…
Investing.com– US stocks rallied Friday, underpinned by falling Treasury yields as cooler-than-expected inflation data eased concern that the Federal Reserve could turn even more hawkish next year. At 1:22 p.m. ET (18:22 GMT), the rose 673 points, or 1.6%, the index gained 1.5%, and the added 1.4%. PCE cooler than expected Treasury yields…
By Kevin Buckland TOKYO (Reuters) -Asian stocks jumped on Tuesday led by an outperforming tech sector following record highs on Wall Street overnight, while the dollar recovered lost ground against major rivals as traders weighed the outlook for U.S. interest rates. Investors were also monitoring the political turmoil in France…
Investing.com — U.S. stock futures rose Friday, maintaining the earlier positive tone despite the US economy adding far fewer jobs than anticipated in an October. By 09:00 ET (13:00 GMT), the contract was up 250 points, or 0.4%, traded 33 points, or 0.6%, higher and climbed 125 points, or 0.6%. All…
Investing.com — U.S. stocks fell Wednesday as Treasury yields continued to climb on concerns about more shallow outlook for the Fed’s rate cut cycle. At 12:57 ET (16:57 GMT), the fell 235 points, or 0.6%, the index fell 17 points, or 0.3%, and the fell 88 points, or 0.5%. AT&T, Coca-Cola mixed fortunates…
Four years ago, the people who ran Deadspin quit the sports site and launched their own.Defector, which relies on subscription revenue, was a hit out of the gate.Now comes the hard part: Growth is plateauing. It’s a story across much of digital media. Four years ago, Defector Media launched with…
By Marianna Parraga and Mircely Guanipa HOUSTON/MARACAY (Reuters) – Venezuela’s August oil exports hit their highest in more than four years, according to shipping data, fueled by expanded shipments to China, the U.S. and Europe as the risk of fresh U.S. sanctions grew amid an electoral dispute. The U.S. Treasury…
Investing.com — The S&P 500 climbed Monday as recession fears continue to ease ahead of busy week as the Fed releases the minutes of its July meeting, while chairman Jerome Powell is expected to offer clues on future monetary policy at the Jackson Hole central bank symposium on Friday. By 13:59…