Market Spectator

Block outlook tops earnings estimates, boosting shares 12%

• Business

Block outlook tops earnings estimates, boosting shares 12%

Market Spectator February 22, 2024

By Hannah Lang (Reuters) -Shares in Jack Dorsey-led Block surged 12% on Thursday after the payments firm...

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Nvidia fuels global stock records, bond yields rise

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Nvidia fuels global stock records, bond yields rise

Market Spectator February 22, 2024

By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) -AI chipmaker Nvidia’s stunning results sparked a worldwide...

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Intel signs Microsoft as foundry customer, says on track to overtake TSMC

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Intel signs Microsoft as foundry customer, says on track to overtake TSMC

Market Spectator February 22, 2024

By Stephen Nellis and Max A. Cherney (Reuters) -Intel said on Wednesday that Microsoft plans to use...

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S&P 500, Dow close slightly up; Nvidia gains after the bell

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S&P 500, Dow close slightly up; Nvidia gains after the bell

Market Spectator February 22, 2024

By Chuck Mikolajczak NEW YORK (Reuters) – The S&P 500 and Dow Jones industrials eked out small...

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Morgan Stanley forced Frasers off books with $1 billion margin call, court told

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Morgan Stanley forced Frasers off books with $1 billion margin call, court told

Market Spectator February 21, 2024

By Kirstin Ridley LONDON (Reuters) -Morgan Stanley used an “unrealistic” and “inappropriate” near $1.0 billion margin call...

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Icahn Enterprises warns of drop in asset value, names insider Teno CEO

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Icahn Enterprises warns of drop in asset value, names insider Teno CEO

Market Spectator February 21, 2024

(Reuters) -Icahn Enterprises on Wednesday warned of a sequential decline in its indicative net asset value in...

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Capital One-Discover deal adds rival to Visa and Mastercard, easing antitrust concerns

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Capital One-Discover deal adds rival to Visa and Mastercard, easing antitrust concerns

Market Spectator February 20, 2024

By Niket Nishant, Manya Saini and Carolina Mandl (Reuters) -Capital One Financial’s $35.3 billion deal for Discover...

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Nvidia dethrones Tesla as Wall Street’s most traded stock

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Nvidia dethrones Tesla as Wall Street’s most traded stock

Market Spectator February 20, 2024

By Noel Randewich (Reuters) -Chipmaker Nvidia is replacing Tesla as Wall Street’s most traded stock by value,...

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Tesla faces rejection from locals for plans to expand German site

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Tesla faces rejection from locals for plans to expand German site

Market Spectator February 20, 2024

BERLIN (Reuters) – Tesla’s ambitions to expand its German plant hit a roadblock when citizens voted against...

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Neuralink’s first human patient able to control mouse through thinking, Musk says

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Neuralink’s first human patient able to control mouse through thinking, Musk says

Market Spectator February 20, 2024

(Reuters) – The first human patient implanted with a brain-chip from Neuralink appears to have fully recovered...

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