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Wiz deal could help Alphabet nail down the cloud

BREAKINGVIEWS-Wiz deal could help Alphabet nail down the cloud The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Jennifer Saba NEW YORK, July 15 (Reuters Breakingviews) - Alphabet’s GOOGL.O mooted acquisition of cybersecurity firm Wiz is expensive, aggressive, will irritate powerful foes, and – despite that – looks like a good idea.
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U.S. stocks weekly: Rotation

RPT-BUZZ-U.S. stocks weekly: Rotation Repeats from Friday with no changes to text. Updates chart ** S&P 500 .SPX rises second straight week, gains 0.9% on bolstered rate cut hopes .N ** Benchmark U.S. 10-Year Treasury yield US10YT=RR hit four-month low after surprise fall in Jun inflation, reinforcing expectations the Fed will begin cutting rates in Sept ** Dow Industrials .DJI 40k or bust?
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U.S. stocks weekly: Rotation

BUZZ-U.S. stocks weekly: Rotation ** S&P 500 .SPX rises second straight week, gains 0.9% on bolstered rate cut hopes .N ** Benchmark U.S. 10-Year Treasury yield US10YT=RR hit four-month low after surprise fall in Jun inflation, reinforcing expectations the Fed will begin cutting rates in Sept ** Dow Industrials .DJI 40k or bust? Blue-chip average jumps 1.6%, ends just decimals north of 40k , fails to set fresh record close ** Though, are crushed correlations .COR3M , a concern for stocks?
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U.S. STOCKS Deckers Outdoor, Amgen, BlackRock

BUZZ-U.S. STOCKS ON THE MOVE-Deckers Outdoor, Amgen, BlackRock Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Dow touched a record high on Friday as this year's lagging stocks gained favor on optimism that the U.S. Federal Reserve will begin easing monetary policy in September, while big lenders fell after reporting mixed results.
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U.S. STOCKS Estee Lauder, Deckers Outdoor, Amgen

BUZZ-U.S. STOCKS ON THE MOVE-Estee Lauder, Deckers Outdoor, Amgen Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes rose on Friday as slightly hotter-than-expected producer price numbers did little to change bets around a U.S.
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Wall St set for muted open after mixed bank results, PPI data

REFILE-CORRECTED-US STOCKS-Wall St set for muted open after mixed bank results, PPI data Refiles to drop extraneous numbers from paragraph 7. The story was previously corrected to fix the comparative period in the same paragraph US producer prices rise moderately in June JPMorgan profit jumps; shares dip in choppy trading Wells Fargo drops after profit falls on deposit costs BNY up after Q2 profit rises Futures: Dow up 0.05%, S&P 500 up 0.02%, Nasdaq down 0.01% By Medha Singh and Ankika Biswas J
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AT&T down after calls, texts hack disclosure

BUZZ-AT&T down after calls, texts hack disclosure Updates to market open ** Shares of AT&T T.N down 1% at $18.67 early Fri after co disclosed massive hack of its wireless network ** U.S. telecom firm on Fri said data from about 109 mln customer accounts containing records of calls and texts from 2022 was illegally downloaded in April ** Co said the FBI is investigating and at least one person has been arrested after AT&T call logs were copied from its workspace on a third-party cloud platform **
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U.S. STOCKS U.S. banks, Tesla, Snowflake

BUZZ-U.S. STOCKS ON THE MOVE-U.S. banks, Tesla, Snowflake Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street was set for a subdued open on Friday as investors digested mixed results from big banks, while slightly hotter-than-expected producer price numbers reined in bets that the Federal Reserve would begin easing interest rates in September.
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Wall St set for muted open after mixed bank results, PPI data

CORRECTED-US STOCKS-Wall St set for muted open after mixed bank results, PPI data Corrects comparative period in paragraph 7 to year-ago quarter, not last quarter US producer prices rise moderately in June JPMorgan profit jumps; shares dip in choppy trading Wells Fargo drops after profit falls on deposit costs BNY up after Q2 profit rises Futures: Dow up 0.05%, S&P 500 up 0.02%, Nasdaq down 0.01% By Medha Singh and Ankika Biswas July 12 (Reuters) - Wall Street was set for a subdued open on Frida
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Snowflake falls after report pins AT&T hack to co

BUZZ-Snowflake falls after report pins AT&T hack to co ** Shares of data cloud co Snowflake SNOW.N fall 4% to $132.65 premarket ** AT&T suffers massive hacking incident as data from about 109 million customer accounts containing records of calls and texts from 2022 illegally downloaded in April ** Data downloaded from the third party platform, whic
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Hurricane exposes Texan bigger-not-better ethos

RPT-BREAKINGVIEWS-Hurricane exposes Texan bigger-not-better ethos The authors are Reuters Breakingviews columnists. The opinions expressed are their own. By Lauren Silva Laughlin and Robert Cyran NEW YORK, July 11 (Reuters Breakingviews) - Roughly 1 million people in Texas’s second-largest city are without power after Hurricane Beryl landed nearby.
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AT&T Says On April 19 It Learned That A Threat Actor Claimed To Have Unlawfully Accessed And Copied Its Call Logs

BRIEF-AT&T Says On April 19 It Learned That A Threat Actor Claimed To Have Unlawfully Accessed And Copied Its Call Logs July 12 (Reuters) - AT&T Inc T.N : AT&T INC: ON APRIL 19 LEARNED THAT A THREAT ACTOR CLAIMED TO HAVE UNLAWFULLY ACCESSED AND COPIED AT&T CALL LOGS AT&T INC: BELIEVES THAT THREAT ACTORS UNLAWFULLY ACCESSED AN AT&T WORKSPACE ON A TH
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Futures flat as big banks fall after earnings; inflation data awaited

US STOCKS-Futures flat as big banks fall after earnings; inflation data awaited For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. PPI due at 8:30 a.m. ET JPMorgan profit jumps; shares down in choppy trading Wells Fargo drops after profit falls on deposit costs BNY up after Q2 profit rises on investment service fee boost Futures: Dow up 0.04%, S&P up 0.03%, Nasdaq down 0.06% Updated at 6:54 a.m.
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AT&T says data from 109 million US customer accounts illegally downloaded

UPDATE 4-AT&T says data from 109 million US customer accounts illegally downloaded Updates with share price, more hacking incidents in paragraph 3 By David Shepardson WASHINGTON, July 12 (Reuters) - AT&T T.N said on Friday the company suffered a massive hacking incident as data from about 109 million customer accounts containing records of calls and texts from 2022 was illegally downloaded in April.
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AT&T says data from around 109 million US customer accounts illegally downloaded

AT&T says data from around 109 million US customer accounts illegally downloaded WASHINGTON, July 12 (Reuters) - AT&T T.N said Friday that data from about 109 million customer accounts containing records of calls and texts from 2022 was illegally downloaded in April. The U.S. telecom company said the FBI is investigating and at least one person has been arrested after AT&T call logs were copied from its workspace on a third-party cloud platform.
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Ericsson jumps on Q2 sales beat

BUZZ-Ericsson jumps on Q2 sales beat ** Shares in Ericsson ERICb.ST jump around 5% to October 2022 highs after the Swedish network equipment maker posted a lower-than-expected fall in Q2 sales, though it warned of difficult market conditions ** Ericsson posts sales in the quarter at 59.85 billion Swedish crowns ($5.69 billion) against 58.3 billion
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Ericsson Q2 tops forecasts on rising N.America demand for telecom equipment

UPDATE 4-Ericsson Q2 tops forecasts on rising N.America demand for telecom equipment Recasts paragraph 1, adds analyst comment, updates shares By Olivier Sorgho July 12 (Reuters) - Ericsson ERICb.ST beat profit and sales forecasts on Friday after a demand pick-up in North America raised hopes of a recovery from broader market weakness, sending its shares to their highest since October 2022. The telecom equipment maker and its rival Nokia NOKIA.HE have shed thousands of jobs and cut costs as cust
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Hurricane exposes Texan bigger-not-better ethos

BREAKINGVIEWS-Hurricane exposes Texan bigger-not-better ethos The authors are Reuters Breakingviews columnists. The opinions expressed are their own. By Lauren Silva Laughlin and Robert Cyran NEW YORK, July 11 (Reuters Breakingviews) - Roughly 1 million people in Texas’s second-largest city are without power after Hurricane Beryl landed nearby. Utility CenterPoint Energy CNP.N has said electricity won’t be completely restored to Houston for days.
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U.S. Nvidia, Qualcomm, Tesla

U.S. RESEARCH ROUNDUP-Nvidia, Qualcomm, Tesla July 10 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Nvidia, Qualcomm and Tesla, on Wednesday. HIGHLIGHTS * Brighthouse Financial Inc BHF.O : Jefferies raises to buy from hold * Legalzoom.Com Inc LZ.O : JP Morgan cuts to neutral from overweight * Nvidia Corp NVDA.O : KeyBanc raises target price to $180 * Qualcomm Inc QCOM.O : KeyBanc raises target price to $225 * Tesla
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Occidental's 1PointFive to sell carbon credits to Microsoft

Occidental's 1PointFive to sell carbon credits to Microsoft July 9 (Reuters) - Carbon capture firm 1PointFive said on Tuesday it has entered into an agreement with Microsoft MSFT.O to sell the tech giant 500,000 metric tons of carbon dioxide removal (CDR) credits over six years. 1PointFive is the carbon capture, utilization and sequestration unit of oil and gas firm Occidental Petroleum OXY.N .
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