Yahoo Finance Microsoft, Meta Platforms, Applied Materials, and Other Tech Stocks in Focus Today
Microsoft and Meta face regulatory questions over their artificial-intelligence features, while the market reacts to Applied Materials' earnings.
Microsoft and Meta face regulatory questions over their artificial-intelligence features, while the market reacts to Applied Materials' earnings.
Warren Buffett’s right-hand man knew a thing or two about investing.
Tax time is just around the corner. Make sure you don’t miss out on these commonly overlooked deductions.
Why the entrepreneur thinks “moats are lame”
Key Insights Given the large stake in the stock by institutions, CCC Intelligent Solutions Holdings' stock price might...
(Bloomberg) -- A renewed bout of volatility gripped US stocks in the final stretch of May, with dip buying pushing the market higher amid a rotation between technology and other industries.Most Read from BloombergWall Street Billionaires Are Rushing to Back Trump, Verdict Be DamnedHomebuyers Are Starting to Revolt Over Steep Prices Across USModi Set for Landslide Election Win in India, Exit Polls ShowSaudi Arabia Puts Wall Street on Notice to Set Up Shop in RiyadhTrump Is Guilty on All Counts in
TOKYO (Reuters) -Japanese authorities spent 9.79 trillion yen ($62.23 billion)intervening in the foreign exchange market to support the yen over the past month, in moves that kept the currency from testing new lows but are unlikely to reverse longer-term declines. The Ministry of Finance data released on Friday confirmed the suspicions of traders and analysts that Tokyo entered the market in two rounds of massive dollar-selling intervention shortly after the yen hit a 34-year low of 160.245 per dollar on April 29, and again in the early hours of May 2 in Tokyo. "This was larger than expected, underscoring Japan's resolve to ease the pain of imported inflation," said Daisaku Ueno, chief FX strategist at Mitsubishi UFJ Morgan Stanley Securities.
The Swiss market recently demonstrated resilience, closing on a strong note despite initial setbacks, buoyed by encouraging GDP growth data and robust buying in the latter part of the trading session. This positive economic backdrop sets an interesting stage for exploring growth companies on the SIX Swiss Exchange, particularly those with substantial insider ownership which can be indicative of confidence in the company’s future prospects from those who know it best.
People on low incomes end up paying more than those who have full access to mainstream financial services.
Verizon, T-Mobile and AT&T are known as the three major players in the telecommunications industry. You might have already decided on which one you prefer when it comes to your phone service --...
Though your pre-retirement income alone isn't enough to determine whether you'll retire comfortably, it certainly plays a role. For example, if you're earning a middle-class salary, the amount you can...
(Bloomberg) -- The ethics council for Norway’s $1.6 trillion sovereign wealth fund is investigating which companies are selling weapons to Israel for use in its war against Hamas in Gaza, and may advise divesting a “very limited” number of arms manufacturers.Most Read from BloombergWall Street Billionaires Are Rushing to Back Trump, Verdict Be DamnedTrump Is Guilty on All Counts in Hush-Money Case. Now What?Donald Trump Becomes First Former US President Guilty of CrimesS&P 500 Spikes in Final 20
BEIJING (Reuters) -China's manufacturing activity unexpectedly fell in May, keeping alive calls for fresh stimulus as a protracted property crisis in the world's second-largest economy continues to weigh on business, consumer and investor confidence. "I think the data particularly reflects soft domestic demand, the housing sector continued to worsen and retail sales were not strong," said Xu Tianchen, senior economist at the Economist Intelligence Unit.
NEW YORK (Reuters) -Oil prices fell on Friday and posted a weekly loss as investors awaited an OPEC+ meeting on Sunday that will determine the fate of the producer group's output cuts. Brent futures for July delivery were down 24 cents, or 0.3%, to $81.62 a barrel, while the more liquid August contract was down 77 cents, or 0.8%, at $81.11. U.S. West Texas Intermediate (WTI) crude futures fell 92 cents, or 1.2%, at $76.99.
Investing.com-- Morgan Stanley analysts hiked their price targets on Toyota and Honda , while citing the latter as their top pick among Japanese automakers on improved profitability prospects and sustained shareholder returns.
People like Lauren will have hundreds or even thousands of dollars added to their bill.
(Bloomberg) -- The Malaysian ringgit has raced ahead of all its Asian peers in the past three months and if market watchers are right, the move is set to gain traction.Most Read from BloombergDonald Trump Becomes First Former US President Guilty of CrimesWall Street Billionaires Are Rushing to Back Trump, Verdict Be DamnedSouth Africa Election Results With 29% Voting Districts InTrump Is Guilty on All Counts in Hush-Money Case. Now What?World’s Largest Nuclear Plant Sits Idle While Energy Needs
(Bloomberg) -- Saudi Arabia’s Prosperity7 Ventures, LLC joined the latest financing round for up-and-coming startup Zhipu AI, becoming the first known foreign firm to back a major Chinese player in generative artificial intelligence. Most Read from BloombergWall Street Billionaires Are Rushing to Back Trump, Verdict Be DamnedDonald Trump Becomes First Former US President Guilty of CrimesTrump Is Guilty on All Counts in Hush-Money Case. Now What?South Africa Election Results With 29% Voting Distr
Treasury yields are on the rise again, presenting a potential obstacle to a U.S. stock rally that has taken major indexes to record highs. The benchmark 10-year Treasury yield, which moves inversely to bond prices, hit nearly 4.64% this week, its highest level in about a month. The interplay between stocks and yields has been a key dynamic in markets this year.
(Bloomberg) -- Jacques Veyrat received the renewable energy business now known as Neoen SA as part of an exit package after losing a power struggle with the widow of his former boss. Now he’s on the verge of pocketing €2.6 billion ($2.8 billion) from its sale. Most Read from BloombergWall Street Billionaires Are Rushing to Back Trump, Verdict Be DamnedDonald Trump Becomes First Former US President Guilty of CrimesTrump Is Guilty on All Counts in Hush-Money Case. Now What?S&P 500 Spikes in Final
A fake image of the wildlife warrior has been circulating on social media and it's trying to con Aussies out of hundreds of dollars.