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April 26, 2024
(Bloomberg) — A rally in the world’s largest technology companies lifted stocks, with Wall Street also breathing a sigh of relief after the latest inflation data came roughly in line with estimates. Equities headed toward their best week in 2024 after Microsoft Corp. and Google’s parent Alphabet Inc. sent a clear message to investors: Our…
April 26, 2024
(Bloomberg) -- Apollo Global Management Inc., KKR & Co. and Stonepeak may inject billions of dollars into a joint venture that will help fund Intel Corp.’s semiconductor fabrication facility in Ireland, according to people with knowledge of the matter.Most Read from BloombergApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesBHP’s $39 Billion Copper Play Was Years in the MakingPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingWall Street ...
April 26, 2024
Stocks that traded heavily or had substantial price changes on Friday: Microsoft Corp., up $7.28 to $406.32. The software makers fiscal third-quarter financial results beat analysts...
April 26, 2024
Workforce ecosystem firms announcing new hires and promotions this week include PeopleScout, Hire Velocity, Vaco, HCLTech and TalentBridge.
April 25, 2024
(Bloomberg) -- Now that President Joe Biden has signed off on a law that could expel TikTok from the US market, Beijing must decide how best to retaliate over an attack on the world’s most-valuable start-up. Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsTaylor Swift Is Proof That How We Critique Music Is BrokenZuckerberg Asks for Patience After Meta’s AI Push Irks InvestorsTech Giants Hit in Late Hours After Meta’s Ou...
April 25, 2024
International Business News: The Chinese government, under President Xi Jinping, has maintained a measured response to a series of US trade restrictions during a politically charg
April 25, 2024
(Bloomberg) -- The US plans to award Micron Technology Inc. $6.1 billion in grants and as much as $7.5 billion in loans to help the memory-chip maker build new American factories, rounding out a slew of major federal awards for advanced semiconductor manufacturing. Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityZuckerberg Asks for Patience as Meta’s AI Push S...
April 25, 2024
Tech stocks are yet again set to sway the wider markets after a lacklustre forecast from Facebook parent Meta Platforms sparked a broad sell-off across regions. Asian tech stocks followed suit and were down 2%, with tech heavy Taiwan and South Korean stocks both down 1%. Deutsche Bank, BNP Paribas SA and Barclays Plc are due to report their earnings and the focus will be on their net interest margin especially with interest rates in Europe and UK priced to fall in the second half of the year.
April 25, 2024
US stocks finished broadly flat on Wednesday after a turbulent trading session, with eyes firmly fixed on corporate results as earnings season gets into full swing.
April 25, 2024
A look at the day ahead in European and global markets from Ankur Banerjee Tech stocks are yet again set to sway the wider markets after a lacklustre forecast from...