S&P 500, Dow close at new highs as Facebook starts heavy earnings week
NEW YORK (REUTERS) – The Dow Industrials and S&P 500 closed at record highs on Monday (Oct 25), as earnings season kicked into high gear in one of the heaviest […]
US stocks surge on good earnings, better labour data
NEW YORK (AFP) – Wall Street stocks shrugged off weeks of lackluster trading and forged higher on Thursday (Oct 14) following strong earnings and better-than-expected economic data. Analysts greeted a […]
Wall Street ends higher with records for S&P 500, Nasdaq
NEW YORK (AFP) – US stocks marched higher on Tuesday (Aug 24) as optimism overwhelmed fears about Covid-19, causing oil prices to rise and sending the S&P 500 and Nasdaq […]
Facebook doubles profit, but sees cooling growth from regulatory actions
SAN FRANCISCO (AFP) – Facebook on Wednesday (July 28) reported its profit doubled in the recently ended quarter as digital advertising surged, but warned of cooler growth in the months […]
US stocks close higher as rally continues, Dow up 0.8%
NEW YORK (AFP) – Wall Street climbed for a second consecutive day on Wednesday (July 21), reversing losses earlier in the week when resurging Covid-19 infections and inflation fears prompted […]
Gojek cuts its commission by half till at least end-2022 to improve drivers’ earnings
SINGAPORE – Ride-hailing operator Gojek will halve the commission it receives from its drivers from June 21 till at least the end-2022, in order to help them increase their earnings. […]
Wall St ends lower, pulled down by tech stocks
NEW YORK (REUTERS) – Wall Street stocks ended lower on Monday (May 17), weighed down by tech shares as signs of growing inflation worried investors about the potential for tighter […]
Wall Street ends lower as investors await earnings, inflation data
NEW YORK (REUTERS) – The S&P 500 and Dow Jones industrial average ended lower on Monday (April 12), with investors waiting for cues from the upcoming corporate earnings season and […]
Wall Street’s top banks widen gulf with rivals amid pandemic
NEW YORK (BLOOMBERG) – Evidence is mounting that Wall Street’s top investment banks spent the pandemic building up their leads. As the banner year for markets came to a close, […]
Goldman, Citi, Nomura see 20% earnings growth for Asia stocks in 2021
HONG KONG (BLOOMBERG) – While Asia’s equity rally may be ending the year looking a tad stretched, a bright earnings outlook for 2021 is giving strategists all the more reason […]
Big Tech earnings disappoint market where nothing’s good enough
NEW YORK (BLOOMBERG) – Solid quarterly earnings from America’s biggest tech firms weren’t enough to keep investors from selling late on Thursday (Oct 29), the latest sign sentiment is turning […]
S&P 500, Dow slip on worries about earnings, US stimulus outlook
NEW YORK (REUTERS) – Stocks on Wall Street closed little changed on Tuesday (Oct 27), with the Dow and S&P 500 slipping on disappointing earnings and little hope for a […]