Finance
(Reuters) -Meta Platforms Inc is targeting at least $25 billion in a bond sale, Bloomberg News reported on Thursday, citing people familiar with the matter. Fixed-income news service IFR said the parent of Facebook and Instagram has filed for a six-part bond sale without disclosing a size, and was marketing bonds with maturities ranging from…
Jim Cramer has decided to upgrade Meta Platforms — choosing to view Thursday’s post-earnings stock plunge as a buying opportunity. Meta shares were dropping 12% after the social media giant on Wednesday evening warned of spending increases this year and next to stay ahead in the artificial intelligence race. The Club is bumping Meta stock…
Topline President Donald Trump agreed to several concrete concessions in his meeting with Chinese President Xi Jinping Wednesday, most notably a decrease in tariffs, but Beijing’s offers appear more vague and tentative, leading experts to conclude that Xi has successfully manipulated Trump’s trade wars to China’s advantage. Chinese President Xi Jinping meets with U.S. President…
Key stock indices on Wall Street were mixed on Thursday after mixed financial reports from major technology firms and comments from Federal Reserve Chair Jerome Powell raised doubts about further interest rate cuts this year. On Wednesday, the Federal Reserve lowered interest rates by 25 basis points but Chair Jerome Powell signaled a subtle shift…
US markets ended mixed on Thursday, with investors juggling upbeat and cautious signals from Big Tech earnings and renewed optimism around US-China trade ties.The S&P 500 slipped 0.2% from its all-time high earlier this week, while the Nasdaq composite lost 0.6%. The Dow Jones Industrial Average, however, gained 199 points, or 0.5%, by mid-morning trade,…
Thursday’s high-stakes encounter between US President Donald Trump and his Chinese counterpart Xi Jinpingwas meant to help resolve months of global tariff tensions and smooth trade between the world’s two largest economies. While Trump gave the “amazing” talks a 12 out of 10, Beijing was more cautious, calling on the United States to keep the lines…
小馬智行今日宣佈根據修訂後的《美國1933年證券法》（「美國證券法」）S條例（「S條例」）在香港啓動首次公開募股（「香港IPO」），發行41,955,700股公司A類普通股（「發售股份」）。此次發售包括最初於2025年10月28日香港時間開始的4,195,600股A類普通股的香港公開發售（「香港公開發售」）和最初37,760,100股A類普通股的國際發售（「國際發售」），並且其A類普通股將在香港聯合交易所有限公司（「香港聯交所」）主板上市，股票代碼爲「2026」。 Source link
US stock futures slumped on Thursday as Wall Street eyed the US-China trade truce struck by Presidents Trump and Xi, cooling odds of another interest-rate cut, and the next tranche of Big Tech earnings. Dow Jones Industrial Average (YM=F) futures slipped 0.3%. Contracts on the broad benchmark S&P 500 (ES=F) also fell 0.3%, while those…
The longer the government shutdown drags on, the more people will feel its impacts—especially when it comes to healthcare and food assistance. Open Enrollment begins for Affordable Care Act Marketplace plans on Saturday, and the enhanced premium tax credits that subsidized health care costs for millions of Americans are set to expire at the end…
(Reuters) -Navan is set to make its Nasdaq debut later on Thursday, after the travel technology company raised $923 million in its listing and successfully navigated a U.S. government shutdown to go public. Momentum in the U.S. IPO market, which had picked up pace in the second half of the year after a years-long lull,…