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Investing.com — The S&P500 closed higher Monday, underpinned by a big tech and Tesla-driven rally ahead of key earnings from chipmaker Nvidia (NASDAQ:) as well as comments from a series of Fed officials. At 4.00 p.m. ET (2100 GMT), the 55 points lower, or 0.1% and the index rose 0.4%, while…
Investing.com– The Dow climbed Monday, extending its recent rally to close above 44,000 for the first time as the stocks continue to surge ahead of upcoming inflation data and a slew of Federal Reserve speakers. At 4:00 p.m. ET (2000 GMT), the rose 304 points, or 0.7%, clinching a closing record high…
Investing.com– The S&P500 closed at record highs Friday, after hitting unprecedented milestones intraday, spurred by ongoing optimism that a second Trump administration is likely to boost economic growth. At 4.00 p.m. ET (2100 GMT) the gained 0.4% to close at record high after briefly hitting a record 6,013.2. The also closed at…
By Abigail Summerville (Reuters) – Wall Street’s major indexes ended higher on Friday, rebounding from the previous day’s sell-off as Amazon’s strong earnings countered a significant drop in U.S. job growth in October. Amazon.com (NASDAQ:) rose 6.2% after it reported earnings on Thursday that revealed strong retail sales, boosting profit…
By Abigail Summerville (Reuters) -Wall Street closed higher on Monday ahead of a packed week of earnings from megacap companies and the final stretch before the Nov. 5 presidential election, while sentiment improved after energy supplies were not disrupted by weekend developments in the Middle East. Israel’s response over the…
By Shankar Ramakrishnan, Echo Wang (Reuters) -Boeing is closing in on a plan to raise around $15 billion with common shares and a mandatory convertible bond as the jet maker bolsters finances worsened by a crippling strike, four sources familiar with the matter told Reuters. The company on Tuesday said…
By Krystal Hu (Reuters) – OpenAI has raised $6.6 billion from investors at a post-money valuation of $157 billion, the company announced on Wednesday, cementing the ChatGPT maker’s status as one of the most valuable private companies in the world. The funding has attracted returning venture capital investors including Thrive…
By Jessica DiNapoli and Kaylee Kang NASHVILLE (Reuters) – Nearly every day, Latrina Begley, 37, of Nashville, or one of her six children, shopped at the Family Dollar down the hill from their home, using federal food benefits to buy Hot Pockets or frozen pizza, and staples like milk. But…
X’s office in Brazil is set to close “immediately” amid an escalation in Elon Musk’s public feud with Brazilian Supreme Court judge Alexandre de Moraes.”Last night, Alexandre de Moraes threatened our legal representative in Brazil with arrest if we do not comply with his censorship orders,” the X Global Government…
Investing.com– The S&P 500 closed higher Monday, ahead of more tech earnings and the Federal Reserve meeting due this week. At 16:00 ET (20:00 GMT), the climbed 0.1%, the gained 0.1%, the fell 49 points, or 0.1%. Fed meeting set to provide rate cut clarity The U.S. Federal Reserve concludes its…