Tesla erases $80 billion in valuation after Musk’s sales warning
By Aditya Soni (Reuters) -Tesla tumbled over 12% on Thursday after CEO Elon Musk warned sales growth would slow this…
January 2024
Analysis-Record-high US stocks grow more expensive versus global peers
By Lewis Krauskopf NEW YORK (Reuters) – The U.S. stock market’s march to all-time highs is putting the spotlight on…
PayPal to launch AI-based products as new CEO aims to revive share price
By Hannah Lang (Reuters) -PayPal is launching new artificial intelligence-driven products as well as a one-click checkout feature, the company…
FAA bars Boeing from increasing MAX output but ends partial grounding
By David Shepardson, Valerie Insinna and Tim Hepher WASHINGTON (Reuters) -The U.S. Federal Aviation Administration late on Wednesday tightened pressure…
S&P 500 ekes out another record high as Netflix and chipmakers leap
By Noel Randewich and Johann M Cherian (Reuters) -The S&P 500 climbed to its fourth straight record high close on…
Stocks climb on positive earnings, economic data; yields rise
By Sinéad Carew and Tom Wilson NEW YORK/LONDON (Reuters) -MSCI’s global equity index rose on Wednesday, hitting its highest level…
Oil edges up 1% on big US crude withdrawal, China stimulus
By Scott DiSavino NEW YORK (Reuters) – Oil prices edged up about 1% on Wednesday on a bigger-than-expected U.S. crude…
Netflix hits fourth-quarter subscriber record, fueled by ‘The Crown’ and ‘The Killer’
By Dawn Chmielewski (Reuters) -Netflix on Tuesday blew past Wall Street subscriber estimates in the fourth quarter, driven by a…
Stocks gain slightly, dollar rises against yen after BoJ decision
By Sinéad Carew and Amanda Cooper NEW YORK/LONDON (Reuters) -MSCI’S global equities index gained very slightly as investors digested a…
S&P 500 notches third straight record high close
By Noel Randewich and Ankika Biswas (Reuters) -The S&P 500 climbed to a record high close on Tuesday as investors…