Megacaps rally pushes S&P 500 to first close above 5,000 milestone
By Sinéad Carew and Sruthi Shankar (Reuters) -S&P 500 closed above 5,000 for the first time on Friday and Nasdaq…
Day: February 9, 2024
NYCB shares surge after top executives disclose stake purchases
By Manya Saini and Niket Nishant (Reuters) -New York Community Bancorp’s shares closed up nearly 17% on Friday after top…
Exclusive-Nvidia pursues $30 billion custom chip opportunity with new unit -sources
By Max A. Cherney and Stephen Nellis SAN FRANCISCO (Reuters) -Nvidia is building a new business unit focused on designing…
AmEx’s cumulative restructuring cost at $277 million in 2023
(Reuters) – American Express’ cumulative cost relating to restructuring programs initiated in 2023 or in prior years that were in…
Oil settles up, notches weekly gain on tight supply, Middle East conflict
By Laura Sanicola (Reuters) -Oil prices settled higher on Friday, up about 6% on a week-on-week basis, as worries about…
Exclusive-Renault, Geely expect to finalise engines tie-up this month – sources
By Gilles Guillaume PARIS (Reuters) -French carmaker Renault and Chinese rival Geely expect to finalise a joint venture for their…
S&P 500 Q4 2023 earnings growth now seen at 9% year over year -LSEG
By Caroline Valetkevitch NEW YORK (Reuters) – With results in from about two-thirds of companies, fourth-quarter 2023 S&P 500 earnings…
Moderna, Bayer-backed Metagenomi stock drops 32% on Nasdaq debut
(Reuters) – Shares of Metagenomi Technologies, a genetic medicines company backed by Bayer Healthcare and Moderna, slumped 32% in their…