SOFW1

Wall Street falls fourth straight day as recession worries nag

Dec 19 (Reuters) – Wall Street stocks closed lower on Monday for a fourth straight session, with the Nasdaq leading the declines as investors shun riskier bets amid fears the Federal Reserve’s tightening campaign could take a dive the US economy in a recession. The three major U.S. stock indexes have been under pressure since …

Wall Street falls fourth straight day as recession worries nag Read More »

Microsoft to buy 4% stake in London Stock Exchange

December 12 (Reuters) – Microsoft (MSFT.O) will take a 4% stake in the London Stock Exchange Group (LSEG.L) as part of a 10-year commercial agreement to migrate the exchange operator’s data platform to the cloud, the British company announced on Monday. It’s the latest sign of deepening ties between financial services providers and a handful …

Microsoft to buy 4% stake in London Stock Exchange Read More »

S&P 500 snaps losing streak on jobless claims rise

Weekly jobless claims rise in line with estimates Moderna and Pfizer in place as FDA clears updated COVID boosters Exxon climbs after strengthening its buyback program December 8 (Reuters) – The S&P 500 (.SPX) closed higher on Thursday, ending a five-game losing streak as investors pushed the index higher after interpreting data showing a rise …

S&P 500 snaps losing streak on jobless claims rise Read More »

Gamers lament end of Warcraft in China as Blizzard and NetEase part ways

November 17 (Reuters) – Blizzard Entertainment (ATVI.O) and NetEase (9999.HK) caused consternation among thousands of gamers on Thursday by saying hits such as ‘World of Warcraft’ will not be available in China from next year as a 14-year partnership ended. NetEase shares closed 9% lower in Hong Kong after Blizzard said it was unable to …

Gamers lament end of Warcraft in China as Blizzard and NetEase part ways Read More »

Amazon laid off some devices unit staff as it targets 10,000 cuts

November 16 (Reuters) – Amazon.com Inc. (AMZN.O) said on Wednesday it laid off some employees in its device group, with a person familiar with the company saying it was still targeting around 10,000 job cuts, including in its retail division and human resources. The announcement, Amazon’s first since news outlets including Reuters announced its layoff …

Amazon laid off some devices unit staff as it targets 10,000 cuts Read More »

U.S. stocks end higher, Meta jumps as investors eye midterms

Meta Platforms mobilizes after job cuts report Apple slips as COVID-19 curbs iPhone production in China Closing of indices: S&P 500 +0.96%, Nasdaq +0.85%, Dow +1.31% Nov 7 (Reuters) – Wall Street ended sharply higher on Monday as investors focused on Tuesday’s midterm elections that will determine control of Congress, while shares of Meta Platforms …

U.S. stocks end higher, Meta jumps as investors eye midterms Read More »

Dollar absorbs suspected yen intervention, China data mixed

https://tmsnrt.rs/2zpUAr4 Dollar shaken against yen by alleged BOJ intervention Stocks cut early gains as Chinese markets ease Chinese GDP beats forecasts but retail sales disappoint Stg flat as Boris Johnson withdraws from PM race SYDNEY, Oct 24 (Reuters) – The U.S. dollar held off another suspected outburst on Monday from Japanese intervention to push the …

Dollar absorbs suspected yen intervention, China data mixed Read More »

Exclusive: Brands blast Twitter for ads next to child pornography accounts

Sept 28 (Reuters) – Some major advertisers, including Dyson, Mazda, Forbes and PBS Kids, have suspended their marketing campaigns or removed their ads from parts of Twitter because their promotions appeared alongside tweets soliciting child pornography, the companies told Reuters. DIRECTV and Thoughtworks also told Reuters on Wednesday evening that they had suspended advertising on …

Exclusive: Brands blast Twitter for ads next to child pornography accounts Read More »

Scroll to Top