Business

S&P 500 closes higher to secure strongest Q1 since 2019

• Business

S&P 500 closes higher to secure strongest Q1 since 2019

Market Spectator March 28, 2024

By Chuck Mikolajczak NEW YORK (Reuters) -The S&P 500 closed out the week with slight gains on...

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Oil rises more than $1 a barrel on tighter supply outlook

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Oil rises more than $1 a barrel on tighter supply outlook

Market Spectator March 28, 2024

By Laila Kearney NEW YORK (Reuters) -Oil prices jumped more than $1 a barrel on Thursday, closing...

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Citi says 42% of energy clients lack climate transition plans

• Business

Citi says 42% of energy clients lack climate transition plans

Market Spectator March 28, 2024

By Isla Binnie NEW YORK (Reuters) – Almost half of the energy companies Citi lends to are...

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Citigroup to end sweeping overhaul this week after 5,000 layoffs

• Business

Citigroup to end sweeping overhaul this week after 5,000 layoffs

Market Spectator March 25, 2024

By Tatiana Bautzer, Lananh Nguyen and Manya Saini (Reuters) -Citigroup is in the last phase of a...

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Hedge funds flock to Europe, ditch US stocks

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Hedge funds flock to Europe, ditch US stocks

Market Spectator March 25, 2024

By Carolina Mandl NEW YORK (Reuters) – Global hedge funds have been adding European stocks to their...

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Luxury EV maker Lucid to raise $1 billion from Saudi’s PIF affiliate

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Luxury EV maker Lucid to raise $1 billion from Saudi’s PIF affiliate

Market Spectator March 25, 2024

(Reuters) -Lucid said on Monday it is raising $1 billion in capital from an affiliate of Saudi...

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S&P 500 ends near flat but index posts biggest weekly gain of year

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S&P 500 ends near flat but index posts biggest weekly gain of year

Market Spectator March 22, 2024

By Caroline Valetkevitch NEW YORK (Reuters) -The S&P 500 ended little changed on Friday, but the index...

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FedEx soars on profit beat, improved margins in its Express unit

• Business

FedEx soars on profit beat, improved margins in its Express unit

Market Spectator March 22, 2024

By Shivansh Tiwary (Reuters) -FedEx shares surged on Friday after the parcel giant beat estimates for quarterly...

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Walmart-backed tech firm Ibotta files for US IPO

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Walmart-backed tech firm Ibotta files for US IPO

Market Spectator March 22, 2024

(Reuters) – Walmart-backed digital marketing company Ibotta has filed to go public in the United States, it...

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Nike warns of revenue dip as it cuts back on key products

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Nike warns of revenue dip as it cuts back on key products

Market Spectator March 22, 2024

By Ananya Mariam Rajesh and Katherine Masters (Reuters) -Nike warned on Thursday that its revenue in the...

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