Tag: BLR

  • Wall Street rallies on higher close boosted by banks and big tech

    NEW YORK, May 23 (Reuters) – U.S. stocks ended higher on Monday as bank gains and a rebound by megacap market leaders supported a broad-based rally after Wall Street’s longest streak of weekly declines since the dotcom collapse more than 20 years ago. All three major U.S. equity indices posted solid gains, with the biggest […]

  • Broadcom in talks to buy VMware

    May 22 (Reuters) – Chipmaker Broadcom Inc (AVGO.O) is in talks to acquire cloud services provider VMware Inc (VMW.N), people familiar with the matter have told Reuters. Negotiations between Broadcom and VMware are ongoing and a deal is not imminent, the sources said. The terms of the deal being discussed could not be learned. The […]

  • Wall Street ends mixed after a trying week

    Ross Stores plunges after slashing 2022 guidance S&P 500 +0.01%, Nasdaq -0.30%, Dow Jones +0.03% May 20 (Reuters) – Wall Street ended on a mixed note on Friday after a volatile session that saw Tesla tumble and other growth stocks also lost ground. The S&P 500 and Nasdaq recorded their seventh consecutive week of losses, […]

  • Wall Street ends sharply higher, fueled by Apple

    Walmart slips after cutting profit forecast April retail sales rise in line with estimates S&P 500 +2.02%, Nasdaq +2.76%, Dow Jones +1.34% May 17 (Reuters) – Wall Street ended sharply higher on Tuesday, lifted by Apple, Tesla and other megacap growth stocks after strong retail sales in April eased worries about slowing economic growth. Ten […]

  • Golden arches darken in Russia as McDonald’s quits after 30 years

    May 16 (Reuters) – McDonald’s Corp (MCD.N) became one of the biggest global names to leave Russia on Monday, planning to sell all of its restaurants after operating for more than 30 years in the country following its invasion of Ukraine. The world’s largest burger chain, which owns about 84% of its roughly 850 restaurants […]

  • Billionaire FTX chief says bitcoin has no future as a payment network – FT

    Representation of the Bitcoin cryptocurrency is shown on a keyboard in front of binary code in this illustration taken September 24, 2021. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register May 16 (Reuters) – The founder of cryptocurrency exchange FTX said bitcoin has no future as a payment network and criticized the […]

  • Elon Musk says Twitter’s legal team told him he violated an NDA

    Tesla CEO Elon Musk attends the groundbreaking ceremony for the Tesla Shanghai Gigafactory in Shanghai, China January 7, 2019. REUTERS/Aly Song Join now for FREE unlimited access to Reuters.com Register May 14 (Reuters) – Elon Musk tweeted on Saturday that the legal team at Twitter Inc (TWTR.N) accused him of breaching a non-disclosure agreement by […]

  • Google’s second computer glasses trial translates conversations in real time

    May 11 (Reuters) – Science fiction is harder to see in Google’s second try at glasses with a built-in computer. A decade after the launch of Google Glass, a pair of nubby, sci-fi specs that filmed what wearers saw but raised privacy concerns and received low marks for design, the Alphabet unit Inc (GOOGL.O) previewed […]

  • Nasdaq drops more than 3% as US inflation data provides little relief to investors

    Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 11, 2022. REUTERS/Brendan McDermid Join now for FREE unlimited access to Reuters.com Register US consumer prices slow in April; inflation still high Coinbase falls on first quarter revenue slump, net loss Indices: Dow down 1%, S&P 500 down […]

  • Apple unplugs iPod after 20 years

    May 10 (Reuters) – Apple Inc (AAPL.O) is ditching the iPod more than 20 years after the device became the face of portable music and launched its meteoric evolution into the world’s biggest company. The iPod Touch, the only version of the portable music player still sold, will be available while supplies last, Apple said […]