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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, […]
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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 […]
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Drew Brees ended at NBC after one season as an NFL analyst
One and it’s done. Legendary NFL quarterback Drew Brees will not be returning to NBC after just one season as a studio and game analyst, sources say. The decision seemed mutual as Brees preferred making games over the “Football Night in America” studio show, and NBC didn’t have many NFL games to offer him. NBC […]
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Twitter CEO announces departure of two executives, hiring on hold amid Musk takeover
A Twitter logo 3D printed over non-3D printed Twitter logos is seen in this illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register May 12 (Reuters) – Two senior executives at Twitter (TWTR.N) who oversee the consumer and revenue divisions will leave the social media company, chief executive […]
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Disney Reports Increase in Disney+ Subscribers in Last Quarter
waltz disney announced better-than-expected subscription numbers for its Disney+ streaming service in the last quarter, avoiding a downturn that dogged streaming rival Netflix Inc. For the company’s second fiscal quarter, Disney announced 7.9 million new Disney+ subscribers to reach 137.7 million subscribers, up from 129.8 million in the prior quarter. Analysts polled by FactSet expected […]
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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 […]
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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 […]
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EXCLUSIVE Google pays over 300 EU publishers for news, more to come
BRUSSELS, May 11 (Reuters) – Google’s Alphabet (GOOGL.O) unit has signed deals to pay more than 300 publishers in Germany, France and four other EU countries for their news and will roll out a tool to make it easier for others. also register, the company told Reuters. The move, which will be publicly announced later […]