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Stock market news from the US and around the world. Our news team reports on market moving events around the world, that traders need to know in order to stay on top of developments in the companies whose stocks they trade.
By Medha Singh (Reuters) -MicroStrategy shares briefly surged on Monday earlier than faltering to finish almost unchanged, after the software program firm and bitcoin stockpiler was chosen to affix the tech-heavy Nasdaq 100 index, additional brightening the prospects of the…
(Reuters) – Australia’s Perpetual stated on Tuesday an impartial professional has opined the asset supervisor’s plan to promote the wealth administration and company belief enterprise to KKR wouldn’t serve the most effective curiosity of traders after a tax invoice blowout.…
(Reuters) – U.S. steelmaker Nucor (NYSE:NUE) forecast fourth-quarter revenue under Wall Avenue estimates on Monday, citing a stoop in earnings of their metal mills phase brought on by decreased volumes and decrease common promoting costs. The corporate expects fourth-quarter earnings…
By Andrew Chung and David Shepardson WASHINGTON (Reuters) -TikTok made a last-ditch effort on Monday to proceed working in the US, asking the Supreme Courtroom to quickly block a legislation meant to drive ByteDance, its China-based guardian firm, to divest…
By Blake Brittain (Reuters) – A German-Canadian resident of China was sentenced to 24 months in jail within the U.S. for stealing electrical automobile commerce secrets and techniques from Tesla (NASDAQ:TSLA) for his competing EV battery enterprise, the U.S. Division…
By Chuck Mikolajczak NEW YORK (Reuters) -The Nasdaq closed at a report excessive on Monday and the S&P 500 additionally rose as buyers gauged the newest financial information whereas trying towards the Federal Reserve’s closing coverage announcement of the yr…
Investing.com– Exxon (NYSE:XOM) Mobil’s Australian unit was taken to court docket by the nation’s competitors watchdog on Tuesday over allegedly making deceptive claims about gas bought at six stations in North Queensland. The Australian Shopper and Competitors Fee mentioned it…
(This Dec. 16 story has been refiled so as to add Arm CEO’s full title and designation in paragraph 7) By Tom Hals and Max A. Cherney WILMINGTON, Delaware (Reuters) – The chief govt of Arm on Monday downplayed the…
Investing.com– U.S. inventory index futures fell barely on Monday night as buyers remained cautious earlier than a Federal Reserve assembly this week, the place the central financial institution is predicted to chop charges however sign a slower tempo of easing. …
By Victoria Waldersee HANOVER, Germany (Reuters) -Volkswagen administration and labour representatives negotiated late into the night time on Monday in a last-ditch spherical of talks on value cuts earlier than Christmas, with unions saying it remained removed from clear whether…