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Global shares were mixed on Wednesday as uncertainty persisted over conflict in the Middle East and access to the crucial Strait of Hormuz despite an initial deal to end the U.S.-Iran war. France's CAC 40 declined 0.3% in early trading to 8,379.92, while the German DAX added 0.3% to 25,069.53. Britain's FTSE 100 dipped 0.1% to 10,484.53.
Asian stocks were mixed Wednesday as investors nervously awaited key US jobs data that could help determine the Federal Reserve's next interest rate decision, while the yen is in focus as it wallows around four-decade lows.But fears are growing that those valuations have now gone too far, investors might not see returns as early as expected and US interest rates could start to go up.
The most consequential parts of your portfolio are usually the ones you never think about. Not the flashy name everyone argues about at dinner, but the boring component buried three layers down that quietly decides whether the whole thing works. For years, memory chips were exactly that kind of ...
A federal judge denied Meta's motion to dismiss a social media addiction lawsuit brought by 29 state attorneys general alleging online harm to children.
Uber-backed Lime has priced its U.S. initial public offering at $25 per share, the midpoint of the marketed range, Bloomberg News reported on Tuesday, citing a person familiar. Lime did not immediately respond to a Reuters request for comment outside regular business hours.
Bending Spoons, owner of the video platform Vimeo and the internet services company AOL, priced its U.S. initial public offering above its targeted range at $29 per share on Tuesday, raising $1.68 billion in a rare software IPO as the sector grapples with disruption from AI. The Italian software company and its existing shareholders sold about 58 million shares in one of the largest IPOs by a European company this year. The deal comes as the U.S. market for initial public offerings has regained momentum after a prolonged slowdown.
By David Lawder WASHINGTON, June 30 (Reuters) - U.S.
The S&P 500 and Nasdaq composite turned in 24 and 20 record closes, respectively, in the year's first half, lifted by the artificial-intelligence boom that has fueled sizable gains in the chip makers supplying the build-out.
US stocks fell after tech stocks jumped and the Dow closed at an all-time high on Tuesday.
US stock futures fell after tech stocks jumped and the Dow closed at an all-time high.
Nike earnings released Tuesday were lifted by a hefty US tariff refund, but weak sales in China and a tepid forecast weighed on shares.But company officials said sales had picked up in June, citing a lift from the World Cup, as well as the pullback in gasoline prices after the US-Iran memorandum of understanding on ending the war.
The S&P 500 and the Nasdaq rose 0.8% and 1.5%, respectively, in the second quarter's final session. For the three-month period, the S&P 500 advanced 15%, its best quarterly performance in six years. The yen sank to a 40-year low.
Dish DBS filed for bankruptcy Tuesday after a deal to sell spectrum to AT&T was held up. The satellite pay-television provider, owned by Colorado-based EchoStar, entered chapter 11 in the U.S. Bankruptcy Court in Houston with a prepackaged plan backed by 88% of its creditors holding Dish DBS bonds, according to a news release.
Coca-Cola (KO) has a secret weapon in the soda wars, and it’s not simply another bottle on the grocery-store shelf. A big part of that is its Freestyle machine, which gives customers something PepsiCo has never been really able to match at the same scale. Now Coca-Cola is using that advantage again ...
Fuel-cell maker Bloom Energy soared after announcing a fivefold expansion of an AI infrastructure deal with Brookfield Asset Management.
NEW YORK, June 30 (Reuters) - Nutrabolt, an energy drink and supplements company, has picked investment banks to lead an initial public offering that could raise up to $1 billion, according to four people familiar with the matter. Based in Austin, Texas, the company behind energy drink C4 and nutrition brand Bloom is working with banks including JPMorgan, Goldman Sachs and Bank of America, the sources said, requesting anonymity to discuss a private matter.
EDF power solutions’ North American renewable energy business ranks among the top 10 U.S. renewable capacity owners and operates solar, wind and battery storage assets across the U.S. and Canada.
Nike shares fell roughly 9% in after-hours trading after the sneakers and apparel company said weakness in China contributed to a challenging operating environment. Revenue dropped 1% in the latest quarter to $10.
Nike (NKE) delivered earnings and revenue surprises of +82.48% and +1.13%, respectively, for the quarter ended May 2026. Do the numbers hold clues to what lies ahead for the stock?
Find insight on AstraZeneca, AbbVie, Genmab and more in the latest Market Talks covering Health Care.
Nike's (NKE) fiscal fourth-quarter revenue slipped year-over-year, while the sportswear company's ea
A pandemic winner, Nike couldn’t hold on to its gains and now trade at just a fraction of its 2021 highs.
By Stephen Culp NEW YORK, June 30 (Reuters) - Tech stocks boosted Wall Street as investors prepared to close the book on a month of losses for the S&P 500 and the Nasdaq, but the strongest quarterly
The sneakers and apparel company said the results were in line with its expectations, despite facing what it called an increasingly challenging operating environment.
The market might be all-in on the AI trade, but a growing chorus of traders and analysts is changing strategies. Mega-cap tech companies like Microsoft, Meta, and Amazon have been hit particularly hard in recent weeks as their plans to spend billions on AI infrastructure have attracted growing ...
JOBY stock rallies as Toyota announces a new strategic partnership with the eVTOL firm. Wall Street continues to see significant further upside in JOBY shares from current levels.
The Dow Industrials are trouncing the Nasdaq composite. That’s an alarming sign for your portfolio.
The biggest moves in a stock rarely start where investors are looking. They start in places that never reach the U.S. business pages. Right now, Wall Street is fixated on one name above almost all others. SpaceX (SPCX) went public on June 12 in the largest initial public offering in history, and ...
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