Month: February 2024

S&P, Nasdaq end at records as inflation data supports rate cut view Traders work on the floor of the NYSE in New

Traders work on the floor of the NYSE in New

S&P, Nasdaq end at records as inflation data supports rate cut view

Market Spectator February 29, 2024

By Chuck Mikolajczak and Noel Randewich NEW YORK (Reuters) -The S&P 500 and Nasdaq closed at record...

Boeing agrees to $51 million settlement for US export violations, including in China FILE PHOTO: Farnborough International Airshow

FILE PHOTO: Farnborough International Airshow

Boeing agrees to $51 million settlement for US export violations, including in China

Market Spectator February 29, 2024

By David Shepardson WASHINGTON (Reuters) -Boeing said on Thursday it had reached a $51 million settlement with...

Wall St slips with inflation data on deck FILE PHOTO: Traders work on the floor of the NYSE

FILE PHOTO: Traders work on the floor of the NYSE

Wall St slips with inflation data on deck

Market Spectator February 28, 2024

By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed slightly lower on Wednesday, a day ahead...

Salesforce sees annual revenue below estimates on weak cloud demand Illustration shows Salesforce logo

Salesforce sees annual revenue below estimates on weak cloud demand

Market Spectator February 28, 2024

By Zaheer Kachwala (Reuters) -Salesforce expanded its stock buyback program by $10 billion and announced a new...

Paramount posts surprise profit as streaming gains offset weak ad market Toy figures of people are seen in front of the

Toy figures of people are seen in front of the

Paramount posts surprise profit as streaming gains offset weak ad market

Market Spectator February 28, 2024

By Samrhitha A (Reuters) -Paramount Global fell short of Wall Street estimates for quarterly revenue on Wednesday...

Trump loses bid to pause $454.2 million judgment in NY civil fraud case FILE PHOTO: Closing arguments in the Trump Organization civil fraud

FILE PHOTO: Closing arguments in the Trump Organization civil fraud

Trump loses bid to pause $454.2 million judgment in NY civil fraud case

Market Spectator February 28, 2024

By Jonathan Stempel and Luc Cohen NEW YORK (Reuters) -Donald Trump on Wednesday lost a bid to...

Stocks pause as key inflation data eyed FILE PHOTO: Traders work on the floor of the NYSE

FILE PHOTO: Traders work on the floor of the NYSE

Stocks pause as key inflation data eyed

Market Spectator February 28, 2024

By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks closed near flat on Tuesday ahead of inflation and...

US launches antitrust investigation into UnitedHealth, WSJ reports The corporate logo of the UnitedHealth Group appears on the

US launches antitrust investigation into UnitedHealth, WSJ reports

Market Spectator February 27, 2024

(Reuters) -The U.S. Department of Justice has launched an antitrust investigation into UnitedHealth Group, the Wall Street...

Beyond Meat to increase prices, cut costs ‘steeply’ in 2024; shares soar Products from Beyond Meat Inc, the vegan burger maker, are

Products from Beyond Meat Inc, the vegan burger maker, are

Beyond Meat to increase prices, cut costs ‘steeply’ in 2024; shares soar

Market Spectator February 27, 2024

By Juveria Tabassum (Reuters) -Beyond Meat said it would ramp up product prices and “steeply reduce” costs...

EBay beats earnings estimates on strong U.S. holiday spending The eBay app is seen on a smartphone in this

The eBay app is seen on a smartphone in this

EBay beats earnings estimates on strong U.S. holiday spending

Market Spectator February 27, 2024

(Reuters) -E-commerce platform eBay beat market expectations for quarterly revenue and profit on Tuesday, helped by healthy...