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Crude Oil Prices Fall on Higher-Than-Expected U.S. Inventories, Trade War Concerns
Crude Oil Prices Fall on Higher-Than-Expected U.S. Inventories, Trade War Concerns
Feb 5, 2025
05:04 AM EST, 02/05/2025 (MT Newswires) -- Crude oil prices fell early Wednesday after the U.S. recorded another increase in crude inventories, exacerbating concerns about a new trade war between the China and the U.S. Brent crude lost 0.9% to US$75.55/barrel and West Texas Intermediate crude fell 0.8% to US$72.09/b at last look. WTI at one point fell to its...
Nasdaq futures lag as Alphabet, AMD slide after bleak forecasts
Nasdaq futures lag as Alphabet, AMD slide after bleak forecasts
Feb 5, 2025
(Reuters) - U.S. stock index futures dipped on Wednesday, with the Nasdaq particularly impacted as shares of Alphabet and AMD fell following subdued forecasts, while negative earnings reactions in other sectors compounded losses. Google-parent Alphabet dropped 7.5% in premarket trading after posting a deceleration in cloud revenue growth, missing analysts' expectations. The company also said it would spend $75 billion...
French and Benelux stocks-Factors to watch
French and Benelux stocks-Factors to watch
Feb 4, 2025
Feb 5 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. BOUYGUES: Amazon ( AMZN ) said Bouygues Group & AWS signed a strategic partnership to accelerate digital transformation across Bouygues Group's operations. CREDIT AGRICOLE France's second-biggest listed bank said it had recorded a 27%...
US STOCKS-Nasdaq futures lag as Alphabet, AMD slide after bleak forecasts
US STOCKS-Nasdaq futures lag as Alphabet, AMD slide after bleak forecasts
Feb 5, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures down: Dow 0.34%, S&P 500 0.67%, Nasdaq 1.05% Feb 5 (Reuters) - U.S. stock index futures dipped on Wednesday, with the Nasdaq particularly impacted as shares of Alphabet and AMD fell following subdued forecasts, while negative earnings reactions...
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Apple to extend new core technology fee to iPadOS apps
Apple to extend new core technology fee to iPadOS apps
May 2, 2024
BRUSSELS, May 2 (Reuters) - Apple ( AAPL ) will extend a newly introduced core technology fee to iPadOS apps downloaded on its App Store after the operating system for iPads was added to a list of key services subject to EU tech rules, the iPhone maker said on Thursday. Apple ( AAPL ) in March announced a core technology...
5 Qualcomm Analysts Highlight Q2 Results, Q3 Guidance: 'Solid Beat And Raise Amid Carnage Elsewhere In Smartphone Land'
5 Qualcomm Analysts Highlight Q2 Results, Q3 Guidance: 'Solid Beat And Raise Amid Carnage Elsewhere In Smartphone Land'
May 2, 2024
Technology company Qualcomm Inc ( QCOM ) reported second-quarter financial results Wednesday that saw revenue and earnings per share beat estimates from analysts. Analysts share their takes on the quarter and what's ahead for the company. Cantor Fitzgerald analyst C.J. Muse has a Neutral rating and $190 price target. KeyBanc analyst John Vinh has an Overweight rating and $205 price...
Investigating Palantir Technologies's Standing In Software Industry Compared To Competitors
Investigating Palantir Technologies's Standing In Software Industry Compared To Competitors
May 2, 2024
In today's rapidly changing and highly competitive business world, it is imperative for investors and industry observers to carefully assess companies before making investment choices. In this article, we will undertake a comprehensive industry comparison, evaluating Palantir Technologies ( PLTR ) vis-à-vis its key competitors in the Software industry. Through a detailed analysis of important financial indicators, market standing, and...
Competitor Analysis: Evaluating Super Micro Computer And Competitors In Technology Hardware, Storage & Peripherals Industry
Competitor Analysis: Evaluating Super Micro Computer And Competitors In Technology Hardware, Storage & Peripherals Industry
May 2, 2024
In the dynamic and fiercely competitive business environment, conducting a thorough analysis of companies is crucial for investors and industry enthusiasts. In this article, we will perform an extensive industry comparison, evaluating Super Micro Computer ( SMCI ) in relation to its major competitors in the Technology Hardware, Storage & Peripherals industry. By closely examining crucial financial metrics, market position,...
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Spirit Airlines continues 'constructive talks' with creditors
Spirit Airlines continues 'constructive talks' with creditors
Nov 12, 2024
(Reuters) -Spirit Airlines is in constructive discussion with its creditors and continues to explore strategic alternatives to improve liquidity, the ultra-low-cost carrier said on Tuesday. The negotiations, with a supermajority of the noteholders, have remained productive, advanced materially and are resuming in the near term, it added. If the agreement fails, it will lead to the cancellation of existing equity...
Japan's rising wholesale inflation heightens uncertainty on BOJ's rate hike timing
Japan's rising wholesale inflation heightens uncertainty on BOJ's rate hike timing
Nov 12, 2024
TOKYO (Reuters) -Japan's wholesale inflation accelerated in October as renewed yen falls pushed up import costs for some goods, data showed on Wednesday, complicating the central bank's decision on how soon to raise interest rates. The corporate goods price index (CGPI), which measures the price that companies charge each other for goods and services, rose 3.4% in October from a...
Indonesian president meets Biden and speaks with Trump, pledges cooperation
Indonesian president meets Biden and speaks with Trump, pledges cooperation
Nov 12, 2024
JAKARTA/WASHINGTON, Nov 12 (Reuters) - Indonesia's President Prabowo Subianto met with U.S. President Joe Biden at the White House on Tuesday and offered his congratulations to President-elect Donald Trump by phone during an official visit to Washington. I will work very hard to strengthen Indonesian-United States relationship, and I would like to work towards this end that we have a...
BRIEF-Klarna Announces Confidential Submission Of Draft Registration Statement For Proposed Initial Public Offering
BRIEF-Klarna Announces Confidential Submission Of Draft Registration Statement For Proposed Initial Public Offering
Nov 12, 2024
Nov 12 (Reuters) - * KLARNA: ANNOUNCES CONFIDENTIAL SUBMISSION OF DRAFT REGISTRATION STATEMENT FOR PROPOSED INITIAL PUBLIC OFFERING * KLARNA: NUMBER OF SHARES TO BE OFFERED AND PRICE RANGE FOR PROPOSED OFFERING HAVE NOT YET BEEN DETERMINED * KLARNA: KLARNA GROUP PLC CONFIDENTIALLY SUBMITTED A DRAFT REGISTRATION STATEMENT ON FORM F-1 TO SEC RELATING TO PROPOSED IPO OF ITS ORDINARY...
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