Indexes end up: Dow 0.09%, S&P 500 0.26%, Nasdaq 0.61% Wall Street boasts longest monthly winning streaks in years Amazon jumps almost 10% as cloud growth beats expectations Warner Bros jumps almost 9% after Reuters report of Netflix bid Oct 31 (Reuters) – Wall Street’s main stock indexes closed higher on Friday, with their biggest…
Solid Q3 earnings season sees 130 more S&P 500 reports next week Meta, Microsoft shares stumble after results; Alphabet, Amazon gain Private data including ADP employment in focus as shutdown set to delay jobs report NEW YORK, Oct 31 (Reuters) – A resilient U.S. stocks rally heads into a busy week of corporate results, with…
WASHINGTON, Oct 31 (Reuters) – President Donald Trump on Friday denied he was considering strikes inside Venezuela, appearing to contradict his own comments from last week and amid intensifying expectations that Washington may soon expand drug-trafficking-related operations. The United States has built up a large military presence in the Caribbean in recent months, with fighter…
Oct 31 (Reuters) – Global equity funds attracted massive investments in the week to October 29 ahead of an anticipated interest rate cut by the U.S. Federal Reserve and a trade deal between U.S. President Donald Trump and Chinese President Xi Jinping. Investors accumulated a net $10.58 billion worth of global equity funds, extending their…
Oct 31 (Reuters) – The United States cancelled a planned Budapest summit between President Donald Trump and Russian President Vladimir Putin following Russia’s firm stance on hardline demands regarding Ukraine, the Financial Times reported on Friday. The decision came after a tense call between the two countries’ top diplomats, the Financial Times said, citing people…
Apple’s fiscal first quarter revenue sales forecast above expecations Supply constraints and China delays impact fiscal fourth quarter Apple’s AI and trade tensions seen as lesser risks by investors WASHINGTON, Oct 30 (Reuters) – Apple (AAPL.O), opens new tab Chief Executive Tim Cook on Thursday gave forecasts for holiday quarter iPhone sales and overall revenue…
Xi to hold first talks with Japan’s new leader Takaichi Canada seeks to restart engagement with China Host South Korea warns of changes to free trade order Bessent stands in for Trump at APEC summit discussions GYEONGJU, Oct 31 (Reuters) – China’s Xi Jinping will take centre stage at an annual gathering of Pacific Rim…
BUSAN, South Korea/BEIJING, Oct 30 (Reuters) – U.S. President Donald Trump hailed a meeting with China’s Xi Jinping as “amazing” and “12” on a 10-point scale, but the agreement the two leaders reached appears to be no more than a fragile truce in a trade war with root causes still unresolved. The framework announced on…
ABOARD AIR FORCE ONE, Oct 30 (Reuters) – U.S. President Donald Trump said on Thursday that the United States will cut its tariffs on Chinese goods related to fentanyl to 10% from 20%, after his summit with Chinese President Xi Jinping in South Korea. Xi will work “very hard to stop the flow” of fentanyl,…
SAN FRANCISCO, Oct 29 (Reuters) – OpenAI is laying the groundwork for an initial public offering that could value the company at up to $1 trillion, three people familiar with the matter said, in what could be one of the biggest IPOs of all time. OpenAI is considering filing with securities regulators as soon as…