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Reuters - 1 day ago

Nasdaq, S&P 500 hit record highs as payrolls data raises rate cut hopes

US STOCKS-Nasdaq, S&P 500 hit record highs as payrolls data raises rate cut hopes Fed rate cut debate in view as U.S. job market cools S&P 500 tech sector hits record high Banks down ahead of Q2 results next week Macy's up on report Arkhouse, Brigade Capital raise buyout offer Indexes up, Dow 0.17, S&P 0.54, Nasdaq 0.9% Adds analyst quote in paragraph 8-9, adds prices By Saeed Azhar, Ankika Biswas and Lisa Pauline Mattackal NEW YORK, July 5 (Reuters) - Wall Street stock indexes closed firmer on

Reuters - 1 day ago

Wall Street indexes end up; Nasdaq, S&P 500 hit record highs on payrolls data

US STOCKS-Wall Street indexes end up; Nasdaq, S&P 500 hit record highs on payrolls data Fed rate cut debate in view as U.S. job market cools S&P 500 tech sector hits record high Banks down ahead of Q2 results next week Macy's up on report Arkhouse, Brigade Capital raise buyout offer Updates with closer at 0400 GMT/2000 hrs GMT By Ankika Biswas, Lisa Pauline Mattackal and Saeed Azhar July 5 (Reuters) - Wall Street stock indexes closed firmer on Friday, with the tech-heavy Nasdaq and benchmark S&P

Reuters - 1 day ago

Megacaps push Nasdaq, S&P 500 to record highs after payrolls data

US STOCKS-Megacaps push Nasdaq, S&P 500 to record highs after payrolls data Fed rate cut debate in view as U.S. job market cools S&P 500 tech sector hits record high Banks down ahead of Q2 results next week Macy's up on report Arkhouse, Brigade Capital raise buyout offer Indexes: Dow 0.04%, S&P up 0.44%, Nasdaq up 0.83% Updates to 2:29 p.m. ET/1829 GMT By Ankika Biswas, Lisa Pauline Mattackal and Saeed Azhar July 5 (Reuters) - The tech-heavy Nasdaq and benchmark S&P 500 indexes jumped to record

Reuters - 1 day ago

U.S. STOCKS Golar LNG, gold miners, Big Tech

BUZZ-U.S. STOCKS ON THE MOVE-Golar LNG, gold miners, Big Tech Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The tech-heavy Nasdaq and the benchmark S&P 500 jumped to record highs on Friday, as most megacap stocks hit all-time highs following latest data that signaled U.S.

Reuters - 1 day ago

Megacaps push Nasdaq, S&P 500 to record highs after payrolls data

US STOCKS-Megacaps push Nasdaq, S&P 500 to record highs after payrolls data For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Fed rate cut debate in view as U.S. job market cools S&P 500 tech sector hits record high All three major indexes set for weekly gains Macy's up on report Arkhouse, Brigade Capital raise buyout offer Indexes: Dow flat, S&P up 0.34%, Nasdaq up 0.79% Updated at 12:14 p.m.

Reuters - 1 day ago

U.S. STOCKS Golar LNG, gold miners, Big Tech

BUZZ-U.S. STOCKS ON THE MOVE-Golar LNG, gold miners, Big Tech Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Dow and the S&P 500 struggled for direction on Friday as investors assessed mixed payrolls data for cues on the Federal Reserve's pace of policy easing, while gains in megacap tech stocks lifted the Nasdaq.

Reuters - 1 day ago

Big Tech stocks gain on fresh rate-cut hopes

BUZZ-Big Tech stocks gain on fresh rate-cut hopes ** Big Tech stocks rise in early trade after fresh employment data supported hopes of an interest rate cut ** Shares of Apple AAPL.O , Microsoft MSFT.O , and Alphabet GOOGL.O rise 1.1% to 2.1% and hit record levels ** Meta Platforms META.O up nearly 3%; Amazon.com AMZN.O up 1% ** U.S.-listed shares of Arm Holdings ARM.O also hit record high, rising nearly 5% ** Labor Department data showed U.S.

Reuters - 1 day ago

Wall St Week Ahead-Earnings season to test hopes for broader stocks rally

Wall St Week Ahead-Earnings season to test hopes for broader stocks rally Adds news of jobs report in para 19 By Lewis Krauskopf NEW YORK, July 5 (Reuters) - Hopes that the U.S. stocks rally will broaden beyond megacaps like Nvidia NVDA.O will be tested in coming weeks as investors learn whether profit growth from other companies is starting to catch up with that of the tech-related leaders.

Reuters - 1 day ago

Next pit stop for nearshoring - Central and Eastern Europe

LIVE MARKETS-Next pit stop for nearshoring - Central and Eastern Europe STOXX 600 up 0.3% FTSE 100 -0.1%, FTSE 250 +1.2% Labour wins big majority Payrolls in focus S&P futures steady Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com NEXT PIT STOP FOR NEARSHORING - CENTRAL AND EASTERN EUROPE Central and eastern European economies are poised to be top picks for multinational corporat

Reuters - 1 day ago

European regulators crack down on Big Tech

FACTBOX-European regulators crack down on Big Tech Updates with EU request to Amazon for information under DSA July 5 (Reuters) - European regulators have launched a series of probes into Big Tech. In the latest move, the European Commission asked Amazon AMZN.O for more information on its compliance with the Digital Services Act (DSA), which requires Big Tech players to do more to tackle illegal and harmful content on their platforms.

Reuters - 1 day ago

Wall St Week Ahead-Earnings season to test hopes for broader stocks rally

Wall St Week Ahead-Earnings season to test hopes for broader stocks rally By Lewis Krauskopf NEW YORK, July 5 (Reuters) - Hopes that the U.S. stocks rally will broaden beyond megacaps like Nvidia NVDA.O will be tested in coming weeks as investors learn whether profit growth from other companies is starting to catch up with that of t he tech-related leaders.

Reuters - 2 days ago

Russian broker extends deadline in frozen asset swap scheme until Aug. 2

UPDATE 1-Russian broker extends deadline in frozen asset swap scheme until Aug. 2 This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine Adds detail; paragraphs 4-9 MOSCOW, July 5 (Reuters) - The Russian broker organising a frozen asset swap scheme said on Friday it had extended until Aug. 2 the deadline to submit bids, at the request of non-resident investors.

Reuters - 2 days ago

New York Times business news - July 5

PRESS DIGEST- New York Times business news - July 5 July 5 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - A hacker gained access to the internal messaging systems at OpenAI last year and stole details about the design of the company's artificial intelligence technologies, the New York Times reported on Thursday, citing two people familiar with the incident.

Reuters - 2 days ago

OpenAI's internal AI details stolen in 2023 breach, NYT reports

OpenAI's internal AI details stolen in 2023 breach, NYT reports July 4 (Reuters) - A hacker gained access to the internal messaging systems at OpenAI last year and stole details about the design of the company's artificial intelligence technologies, the New York Times reported on Thursday. The hacker lifted details from discussions in an online forum where employees talked about OpenAI's latest technologies, the report said, citing two people familiar with the incident.

Reuters - 2 days ago

Tougher trustbusting will last beyond US election

RPT-BREAKINGVIEWS-Tougher trustbusting will last beyond US election The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jonathan Guilford NEW YORK, July 3 (Reuters Breakingviews) - Many acquisition strategies hinge on the upcoming U.S. election. Aggressive efforts against corporate consolidation under President Joe Biden have stopped and deterred a lot of M&A activity.

Reuters - 2 days ago

Data centre boom reveals AI hype’s physical limits

RPT-BREAKINGVIEWS-Data centre boom reveals AI hype’s physical limits The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Yawen Chen LONDON, July 4 (Reuters Breakingviews) - The craze in artificial intelligence has so far focused on chips made by Nvidia NVDA.O and apps like OpenAI’s ChatGPT. Underpinning this frenzy is a rush to build the infrastructure needed to train and run generative AI (GenAI) models.

Reuters - 3 days ago

Asian stocks, currencies rise on U.S. rate cut wagers

EMERGING MARKETS-Asian stocks, currencies rise on U.S. rate cut wagers Taiwan shares hit record high Singapore stocks at highest level in over 2 yrs Investors eye basket of data, due Friday By Roshan Thomas July 4 (Reuters) - Asian currencies gained ground against a weaker dollar on Thursday, and equities climbed with those in Taiwan touching a record high, as data suggested the U.S.

Reuters - 3 days ago

Asian stocks, currencies rise on U.S. rate cut wagers

Reuters - 3 days ago

Data centre boom reveals AI hype’s physical limits

BREAKINGVIEWS-Data centre boom reveals AI hype’s physical limits The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Yawen Chen LONDON, July 4 (Reuters Breakingviews) - The craze in artificial intelligence has so far focused on chips made by Nvidia NVDA.O and apps like OpenAI’s ChatGPT. Underpinning this frenzy is a rush to build the infrastructure needed to train and run generative AI (GenAI) models.

Reuters - 3 days ago

Microsoft hack also impacted US Dept of Veterans Affairs - Bloomberg News

MEDIA-Microsoft hack also impacted US Dept of Veterans Affairs - Bloomberg News -- Source link: https://tinyurl.com/2ckxc87t -- Note: Reuters has not verified this story and does not vouch for its accuracy

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