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Reuters - 18 uur geleden

Hedge funds' bets on software companies hit record lows, Morgan Stanley says

HEDGE FLOW-Hedge funds' bets on software companies hit record lows, Morgan Stanley says By Carolina Mandl NEW YORK, July 15 (Reuters) - Global hedge funds' exposure to software stocks in the U.S. reached "new multi-year lows" last week after a broader sell-off in the technology sector, Morgan Stanley said in a note. "Software was the most net-sold, which continues the streak of net selling in the space since late-April and brings exposures to new multi-year lows," the bank said.
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Reuters - 1 dag geleden

2024 Prime Day Expected To Drive $14 Billion Online For U.S. Retailers - Adobe Report

BRIEF-2024 Prime Day Expected To Drive $14 Billion Online For U.S. Retailers - Adobe Report July 15 (Reuters) - Adobe Inc ADBE.O : 2024 PRIME DAY EXPECTED TO DRIVE $14 BILLION ONLINE FOR U.S. RETAILERS - ADOBE REPORT DAY 2 OF PRIME DAY EVENT TO DRIVE $6.9 BILLION ONLINE FOR U.S. RETAILERS - ADOBE REPORT DAY 1 OF PRIME DAY EVENT TO DRIVE $7.1 BILLION ONLINE FOR U.S.
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Reuters - 1 dag geleden

Amazon Prime Day sales to hit record $14 billion, data firm says

Amazon Prime Day sales to hit record $14 billion, data firm says By Ananya Mariam Rajesh and Arriana McLymore July 15 (Reuters) - Shoppers are likely to spend roughly $14 billion during Amazon's Prime Day two-day shopping event this week, according to projections from Adobe Analytics , a firm that studies e-commerce transaction data. Spending at Amazon AMZN.O on Tuesday and Wednesday could rise 10.5% from Prime Day 2023, Adobe said.
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Reuters - 4 dagen geleden

Smaller tech grapples with end of Big Tech put

BREAKINGVIEWS-Smaller tech grapples with end of Big Tech put The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Pranav Kiran TORONTO, July 12 (Reuters Breakingviews) - A jilted HubSpot HUBS.N will break many hearts. It apparently will not be acquired by Alphabet GOOGL.O , after all. Like many of its peers, the $25 billion software developer has been trading at a premium valuation, at least partly in anticipation of a larger rival scooping it up.
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Reuters - 2 weken geleden

Salesforce signals CEO pay is easy come, easy go

BREAKINGVIEWS-Salesforce signals CEO pay is easy come, easy go The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Pranav Kiran TORONTO, July 2 (Reuters Breakingviews) - Sometimes shareholders are asleep at the switch. Other times, they’re quick to pull the trigger. With $246 billion Salesforce CRM.N and its leader Marc Benioff, they seem to be getting antsy.
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Reuters - 3 weken geleden

S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT S&P 500 .SPX Top Performers Percent Change Salesforce Inc CRM.N +5.3% Palo Alto Networks Inc PANW.OQ +4.4% McCormick & Company Inc MKC.N +4.2% Super Micro Computer Inc SMCI.OQ +3.8% Adobe Inc ADBE.OQ +3.4% Bottom Performers Percent Change Walgreens Boots Alliance Inc WBA.OQ -24
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Reuters - 4 weken geleden

New York Times business news - June 18

PRESS DIGEST- New York Times business news - June 18 June 18 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - A U.S. judge on Monday dismissed a lawsuit Exxon Mobil XOM.N had filed against activist group Arjuna Capital after the group had agreed not to pursue future proxy filings at the company's annual meetings.
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Reuters - 4 weken geleden

EV startup Fisker files for bankruptcy, aims to sell assets

UPDATE 5-EV startup Fisker files for bankruptcy, aims to sell assets Adds analyst comment in paragraph 17 By Akash Sriram June 18 (Reuters) - Fisker filed for bankruptcy protection late on Monday, as the U.S. electric-vehicle maker looks to salvage its operations by selling assets and restructuring its debt after burning through cash in an attempt to ramp up production of its Ocean SUVs.
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Reuters - 4 weken geleden

Wall Street Journal - June 18

PRESS DIGEST - Wall Street Journal - June 18 June 18 (Reuters) - Following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Apple AAPL.O is ending its buy now, pay later service called Apple Pay Later, just over a year after launching it. - Philip Morris International PM.N affiliate Swedish Match North America has suspended sales on Zyn.com as federal regulators investigate its compliance with a ban on the sale of fla
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Reuters - 4 weken geleden

Adobe's Says "Will Refute The FTC’s Claims In Court"

BRIEF-Adobe's Says "Will Refute The FTC’s Claims In Court" June 17 (Reuters) - Adobe Inc ADBE.O : ADOBE'S STATEMENT REGARDING FEDERAL TRADE COMMISSION COMPLAINT ADOBE INC - "WILL REFUTE THE FTC’S CLAIMS IN COURT" ADOBE INC SAYS WE ARE TRANSPARENT WITH TERMS AND CONDITIONS OF SUBSCRIPTION AGREEMENTS AND HAVE SIMPLE CANCELLATION PROCESS Further c
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Reuters - 4 weken geleden

Adobe falls after US sues it over subscription plan disclosures

BUZZ-Adobe falls after US sues it over subscription plan disclosures ** Shares of Photoshop maker Adobe ADBE.O fall 2.4% to $512.43 ** U.S. sues ADBE and executives over subscription plan disclosures ** ADBE accused of enrolling customers in most lucrative subscription plans without clearly disclosing important terms ** Complaint says Adobe failed
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Reuters - 4 weken geleden

Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Autodesk Inc ADSK.OQ +5.5% Tesla Inc TSLA.OQ +4.4% Broadcom Inc AVGO.OQ +3.8% O'Reilly Automotive Inc ORLY.OQ +3.3% Micron Technology Inc MU.OQ +3.1% Bottom Performers Percent Change ON Semiconductor Corp ON.OQ -3.1% Atlassian Corp TEAM.OQ -3.0% Adobe Inc ADBE.OQ -3.0% Marvell Technology Inc MRVL.OQ -2.7% MongoDB Inc MDB.OQ -2.6% The Nasdaq 100 .NDX gained 76.76 points, or 0.39%,
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Reuters - 4 weken geleden

US sues Photoshop maker Adobe for hiding fees, making it difficult to cancel

UPDATE 3-US sues Photoshop maker Adobe for hiding fees, making it difficult to cancel Adds Adobe statement, paragraphs 7-8 By Jonathan Stempel June 17 (Reuters) - The U.S. government sued Adobe ADBE.O on Monday, accusing the Photoshop and Acrobat maker of harming consumers by concealing hefty termination fees in its most popular subscription plan, and making it difficult to cancel subscriptions.
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Reuters - 4 weken geleden

US sues Adobe over subscription plan disclosures

US sues Adobe over subscription plan disclosures June 17 (Reuters) - The U.S. government on Monday sued Adobe ADBE.O , accusing the maker of Photoshop and Acrobat of harming consumers by enrolling them in its most lucrative subscription plans without clearly disclosing important terms. Reporting by Jonathan Stempel in New York
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Reuters - 4 weken geleden

Adobe And Tiktok Announce Integration To Bring Tiktok's Commercial Music Library Into Adobe Express

BRIEF-Adobe And Tiktok Announce Integration To Bring Tiktok's Commercial Music Library Into Adobe Express June 17 (Reuters) - Adobe Inc ADBE.O : ADOBE INC: ADOBE AND TIKTOK ANNOUNCE INTEGRATION TO BRING TIKTOK'S COMMERCIAL MUSIC LIBRARY INTO ADOBE EXPRESS Source text for Eikon: [ID:] Further company coverage: ADBE.O
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Reuters - 4 weken geleden

U.S. stocks weekly: Tech heavy lift

RPT-BUZZ-U.S. stocks weekly: Tech heavy lift Repeats from Friday with no changes to text. Updates chart ** S&P 500 .SPX rises 2nd straight week, adds 1.6% as tech leads the way amid interest rates plunge .N ** That said, S&P 500 key reversal, event risks, divergence have bulls on edge ** This as a breadth check has Nasdaq .IXIC , S&P 500 wheezing ** Benchmark U.S.
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Reuters - 4 weken geleden

U.S. Brighthouse Financial, Microsoft, Shattuck Labs

U.S. RESEARCH ROUNDUP-Brighthouse Financial, Microsoft, Shattuck Labs June 17 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Brighthouse Financial, Microsoft and Shattuck Labs, on Monday. HIGHLIGHTS * Agree Realty Corp ADC.N : Jefferies raises target price to $70 from $65 * Brighthouse Financial Inc BHF.O : KBW raises to market perform from underperform * Microsoft MSFT.O : Wedbush raises target price to $550 from $
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Reuters - 1 maand geleden

Nasdaq manages 5th straight record high close; S&P 500 ends barely lower

US STOCKS-Nasdaq manages 5th straight record high close; S&P 500 ends barely lower Adobe up after lifting full-year revenue forecast US consumer sentiment ebbs in June; inflation worries linger Indexes: Dow down 0.2%, S&P 500 down 0.04%, Nasdaq up 0.1% Updates to 4:10 p.m. ET By Caroline Valetkevitch NEW YORK, June 14 (Reuters) - The Nasdaq eked out a fifth straight record closing high on Friday following gains in Adobe and other technology-related shares, while the S&P 500 and Dow ended slightl
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Reuters - 1 maand geleden

U.S. stocks weekly: Tech heavy lift

BUZZ-U.S. stocks weekly: Tech heavy lift ** S&P 500 .SPX rises 2nd straight week, adds 1.6% as tech leads the way amid interest rates plunge .N ** That said, S&P 500 key reversal, event risks, divergence have bulls on edge ** This as a breadth check has Nasdaq .IXIC , S&P 500 wheezing ** Benchmark U.S. 10-Year Treasury yield US10YT=RR poised for biggest weekly drop of year after economic data provided latest evidence inflation may be cooling ** And with decline to around 4.20%, 10-year yield thr
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Reuters - 1 maand geleden

S&P 500 off for the day, rises for week, Nasdaq squeaks record

LIVE MARKETS-S&P 500 off for the day, rises for week, Nasdaq squeaks record Nasdaq gains slightly, S&P 500 falls 0.04%, Dow off 0.15% Industrials weakest S&P 500 sector; Comm Svcs leads gainers Dollar up; gold adds >1%; crude edges down; bitcoin off >1 U.S. 10-Year Treasury yield edges down to ~4.22% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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