Tag: CMPELC

  • 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 […]

  • Apple is looking to increase production outside of China, reports the Wall Street Journal

    An Apple logo hangs above the entrance to the Apple Store on 5th Avenue in the Manhattan borough of New York, July 21, 2015. REUTERS/Mike Segar/File Photo Join now for FREE unlimited access to Reuters.com Register May 21 (Reuters) – Apple Inc (AAPL.O) has told some of its contractors it wants to increase production outside […]

  • 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, […]

  • Tesla removed from S&P 500 ESG index, angering Musk

    May 18 (Reuters) – S&P Dow Jones Indices has removed electric car maker Tesla Inc (TSLA.O) from its widely followed S&P 500 ESG Index (.SPXESUP), citing issues including allegations of racial discrimination and crashes linked to its Autopilot vehicles, a move that prompted harsh tweets from Tesla CEO Elon Musk on Wednesday. The back and […]

  • 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 […]

  • 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 […]