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Tag: Wall Street

Wall Street
Business
  • Web
  • Mar 24, 2025
Wall Street surges as tariff optimism boosts tech stocks

Media reports, US President’s administration is likely to exclude a set of sector-specific tariffs that are on track to be imposed on April 2.

Global shares
Latest
  • Reuters
  • Mar 17, 2025
Wall Street inches higher after retail sales data

A Commerce Department report shows retail sales rebounded 0.2 per cent in February.

US stock market
Business
  • Reuters
  • Mar 09, 2025
Wall St Week Ahead Rocky US stock market faces inflation data test

Despite a gain on Friday, the benchmark S&P 500 marked its worst week in six months.

Wall Street
Latest
  • Reuters
  • Mar 07, 2025
Wall Street rises on energy boost; jobs data, Powell in focus

Main indexes of Wall Street ticked up in choppy trading, boosted by a jump in energy stocks, while investors assessed a key jobs report.

S&P 500
Latest
  • Reuters
  • Jan 30, 2025
S&P 500 flat as declines in Microsoft, Nvidia offset other tech gains

Microsoft MSFT.O dropped 6.2% after forecasting disappointing growth in its cloud computing business, while Meta Platforms META.O added 1.8% after beating fourth-quarter revenue estimates.

Microsoft, Meta back big AI spending despite DeepSeek's low costs
Latest
  • Reuters
  • Jan 30, 2025
Microsoft, Meta back big AI spending despite DeepSeek’s low costs

Microsoft CEO Satya Nadella said the spending would ease capacity constraints that have hampered the technology giant’s ability to capitalize on AI.

US stocks ended lower but off their lows of the day as the Federal Reserve held interest rates steady as expected.
Business
  • Reuters
  • Jan 30, 2025
Wall Street ends down but off day’s lows; Fed holds rates steady

Technology shares were the biggest drags on the S&P 500, with Nvidia and Microsoft among stocks leading the way down.

Wall St hits 1-week low
Latest
  • Reuters
  • Dec 30, 2024
Wall St hits 1-week low in thin trading, elevated yields add pressure

The weakness was atypical as equities tend to do well in the last five trading days of December and into the first two days of January

Bessent
World
  • Reuters
  • Nov 23, 2024
Trump taps Bessent for Treasury, capping long drama over choice

The announcement – the most prominent of a flurry of Friday night appointments by Trump – caps a week where big name Wall Street luminaries’ chance at the job oscillated on a daily basis.

Dell stock
Business
  • Web Desk
  • May 31, 2024
Dell stock plummet amid mounting demand for AI servers

While Dell’s server sales grew by 22 per cent annually, an increased demand in AI server sales resulted in a 14 per cent drop in operating income for Dell compared to the previous year.

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