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Reuters - 1 day ago

Wall Street closes higher after business activity data

US STOCKS-Wall Street closes higher after business activity data Gap surges after raising annual sales forecast Small caps close out at over one-week high Indexes up: Dow 0.97%, S&P 0.35%, Nasdaq 0.16% Three major indexes post weekly gains Updates after the close By Abigail Summerville and Johann M Cherian Nov 22 (Reuters) - Wall Street closed higher on Friday, with all three major indexes posting weekly gains, as investors took comfort from data pointing to robust economic activity in the world
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Reuters - 1 day ago

U.S. stocks weekly: Bit by bit

BUZZ-U.S. stocks weekly: Bit by bit ** S&P 500 .SPX gains 1.7%, ends back within 1% of its record highs .N ** Indeed, post-election animal spirits had faded , but not gone, and now SPX appears back on track for new highs ** This, while the U.S. 10-Year Treasury yield US10YT=RR continues to struggle to overwhelm the resistance line from its Oct 2023 high ** Nearly every sector makes progress: Consumer Staples posts biggest rise, while just Communication Services dips ** Consumer Staples .SPLRCS a
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Reuters - 1 day ago

Wall Street closes higher after business activity data

US STOCKS-Wall Street closes higher after business activity data Gap surges after raising annual sales forecast Intuit drops after forecasting Q2 results below estimates Small caps touch over one-week high Three major indexes post weekly gains Updates as of the close By Abigail Summerville and Johann M Cherian Nov 22 (Reuters) - Wall Street closed higher on Friday, with all three major indexes posting weekly gains, as investors took comfort from data pointing to robust economic activity in the w
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Reuters - 1 day ago

Wall Street rises, on track for weekly gains after business activity data

US STOCKS-Wall Street rises, on track for weekly gains after business activity data Gap surges after raising annual sales forecast Intuit drops after forecasting Q2 results below estimates Small caps touch over one-week high Indexes up: Dow 0.79%, S&P 500 0.28%, Nasdaq 0.11% Updates for mid-afternoon trading By Abigail Summerville and Johann M Cherian Nov 22 (Reuters) - All three stock indexes gained on Friday, headed for weekly gains as investors took comfort from data pointing to robust econom
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Reuters - 1 day ago

Nvidia’s next move is to hit the road

BREAKINGVIEWS-Nvidia’s next move is to hit the road The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Robert Cyran NEW YORK, Nov 22 (Reuters Breakingviews) - When Nvidia NVDA.O posted third-quarter earnings on Wednesday, all eyes were on the $3.5 trillion chipmaker’s data center unit. Boosted by ravenous demand from the likes of Microsoft MSFT.O or Meta Platforms META.O , who stuff its graphics processors into server farms training artificial intelligenc
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Reuters - 1 day ago

S&P 500, Dow pinned at one-week highs after business activity data

US STOCKS-S&P 500, Dow pinned at one-week highs after business activity data Gap soars after raising annual sales forecast Intuit drops after forecasting Q2 results below estimates Honeywell rises after $1.33 billion PPE business sale Small caps touch over one-week high Indexes: Dow up 0.56%, S&P 500 up 0.15%, Nasdaq down 0.13% Updates with mid-session trading By Johann M Cherian and Purvi Agarwal Nov 22 (Reuters) - The S&P 500 and the Dow hovered at levels seen more than a week ago on Friday, a
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Reuters - 2 days ago

S&P 500, Dow touch over one-week highs after business activity data

US STOCKS-S&P 500, Dow touch over one-week highs after business activity data For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Gap soars after raising annual sales forecast Intuit drops after forecasting Q2 results below estimates S&P manufacturing and services activity at 48.8 and 57 in Nov Indexes: Dow up 0.60%, S&P 500 up 0.21%, Nasdaq down 0.07% Updates at market open By Johann M Cherian and Purvi Agarwal Nov 22 (Reuters) - The S&P 5
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Reuters - 2 days ago

Amazon doubles down on AI startup Anthropic with another $4 bln

UPDATE 5-Amazon doubles down on AI startup Anthropic with another $4 bln Adds details in paragraphs 2-3, 5 and 12 By Arsheeya Bajwa and Krystal Hu Nov 22 (Reuters) - Amazon.com AMZN.O pumped another $4 billion into OpenAI competitor Anthropic, as the e-commerce giant goes up against Big Tech rivals in a race to capitalize on generative artificial intelligence technology.
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Reuters - 2 days ago

Wall St to open subdued ahead of business activity data; geopolitical tensions in focus

US STOCKS-Wall St to open subdued ahead of business activity data; geopolitical tensions in focus For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Gap soars after raising annual sales forecast Intuit drops after forecasting Q2 results below estimates S&P flash PMIs expected at 9:45 a.m. ET Futures: Dow flat, S&P 500 down 0.1%, Nasdaq down 0.2% Updates before markets open By Johann M Cherian and Purvi Agarwal Nov 22 (Reuters) - U.S.
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Reuters - 2 days ago

Apple says it disagrees with UK findings on mobile browsers

Apple says it disagrees with UK findings on mobile browsers LONDON, Nov 22 (Reuters) - Apple AAPL.O said on Friday it disagreed with findings by the British competition regulator that the U.S. tech giant could be holding back innovation in smartphone browsers. "We disagree with the findings in the report regarding Safari, WebKit, and in-app browsing on iOS," the company said in an emailed statement, adding that it would continue to engage constructively with Britain's Competition and Markets Aut
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Reuters - 2 days ago

Trump's return could extend US stocks' dominance over global rivals

RPT-ANALYSIS-Trump's return could extend US stocks' dominance over global rivals Repeats to more subscribers U.S. stocks outperform global peers, driven by strong economy and tech S&P 500 trades at the biggest premium in two decades compared to international stocks Trump's policies could boost U.S. stocks, despite potential risks By Lewis Krauskopf NEW YORK, Nov 22 (Reuters) - U.S.
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Reuters - 2 days ago

Futures dip on caution before business activity data; geopolitical tensions in focus

US STOCKS-Futures dip on caution before business activity data; geopolitical tensions in focus For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Gap soars after raising annual sales forecast Intuit drops after forecasting Q2 results below estimates S&P flash PMIs expected at 9:45 a.m. ET Futures off: Dow 0.06%, S&P 500 0.14%, Nasdaq 0.24% Updates with prices, quote By Johann M Cherian and Purvi Agarwal Nov 22 (Reuters) - U.S.
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Reuters - 2 days ago

UK should use new powers to probe Apple-Google mobile browser duopoly, report says

UPDATE 2-UK should use new powers to probe Apple-Google mobile browser duopoly, report says CMA urged to probe Apple, Google smartphone browser duopoly Regulatory report provisionally criticises Apple browser rules Apple disagrees with findings Adds details on concerns in paragraphs 3-5, Apple response in 7-8 LONDON, Nov 22 (Reuters) - Apple AAPL.O could be holding back innovation in smartphone browsers, according to a British regulatory report, which recommended that Apple's and Google's duopol
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Reuters - 2 days ago

UK regulator will consider probing Apple's, Google's mobile browsers

UK regulator will consider probing Apple's, Google's mobile browsers LONDON, Nov 22 (Reuters) - Britain's competition regulator should consider investigating Apple and Google's mobile ecosystem activities using new digital markets powers, the watchdog's inquiry group has suggested. In a report by the CMA published on Friday, it also proposed that no further action be taken on cloud gaming given primary concerns had been addressed.
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Reuters - 2 days ago

Futures slip on caution ahead of business activity data, geopolitical tensions

US STOCKS-Futures slip on caution ahead of business activity data, geopolitical tensions For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures off: Dow 0.19%, S&P 500 0.27%, Nasdaq 0.39% Nov 22 (Reuters) - U.S. stock index futures slipped on Friday as investors remain cautious ahead of a business activity survey and increasing geopolitical tensions between Ukraine and Russia, but Wall Street's main indexes were poised for weekly gains
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Reuters - 2 days ago

Trump's return could extend US stocks' dominance over global rivals

ANALYSIS-Trump's return could extend US stocks' dominance over global rivals U.S. stocks outperform global peers, driven by strong economy and tech S&P 500 trades at the biggest premium in two decades compared to international stocks Trump's policies could boost U.S. stocks, despite potential risks By Lewis Krauskopf NEW YORK, Nov 22 (Reuters) - U.S.
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Reuters - 2 days ago

Stocks rise as markets digest Nvidia results, bitcoin nears $100,000 threshold

GLOBAL MARKETS-Stocks rise as markets digest Nvidia results, bitcoin nears $100,000 threshold Wall Street stocks finish higher Dollar hits 13-month high after labor-market data Russia-Ukraine concerns lift gold, oil Trump expected to be positive for cryptocurrencies Updates prices throughout with U.S. market close, adds oil and gold settlement, recasts headline and first paragraph By Chibuike Oguh and Medha Singh NEW YORK, Nov 21 (Reuters) - An index of global stock markets edged higher in chopp
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Reuters - 2 days ago

Legal hurdles ahead for Google's forced sale of Chrome

ANALYSIS-Legal hurdles ahead for Google's forced sale of Chrome Updates share movement in paragraph 3 DOJ's push to force a sale of Chrome seen as an 'over-ask' Trump administration may alter antitrust efforts against Google Chrome's value tied to Google's ad and search business By Deborah Mary Sophia, Akash Sriram, Kenrick Cai Nov 21 (Reuters) - Efforts by U.S.
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Reuters - 2 days ago

Wall Street closes higher as Dow, S&P hit one-week tops

US STOCKS-Wall Street closes higher as Dow, S&P hit one-week tops Amazon drops after report on EU investigation next year Alphabet slips after Justice Department pushes for Chrome sale Deere shares up after Q4 profit beats estimates Indexes up: Dow 1.06%, S&P 0.53%, Nasdaq 0.03% Updates after the market close By Abigail Summerville Nov 21 (Reuters) - Wall Street's main indexes closed higher after choppy trading on Thursday, with the blue-chip Dow and the S&P 500 hitting one-week tops.
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Reuters - 2 days ago

OpenAI considers taking on Google with browser, the Information reports

UPDATE 2-OpenAI considers taking on Google with browser, the Information reports Updates share movement in paragraph 5, adds details in paragraphs 7,9, background throughout Nov 21 (Reuters) - ChatGPT-creator OpenAI has recently considered developing a web browser that would combine with its chatbot and separately discussed or struck deals to power search features, the Information reported on Thursday.
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