Wall Street ends higher, posts weekly gains ahead of Fed meeting

PCE: Inflation slows with consumer spending American Express and Visa climb higher on solid demand Chevron falls after missing earnings estimates Indices up: Dow 0.08%, S&P 0.25%, Nasdaq 0.95% NEW YORK, Jan 27 (Reuters) – Wall Street advanced on Friday, marking the end of a turbulent week in which economic data and corporate earnings forecasts … Leer más

Electric vehicle maker Lucid rushes Saudi PIF report to buy remaining stake

Jan 27 (Reuters) – Shares of Lucid Group (LCID.O) jumped 43% on Friday, trimming gains after doubling down on market speculation that Saudi Arabia’s Public Investment Fund (PIF) wanted buy the electric vehicle manufacturer. The speculation stemmed from an «uncooked» alert attributed to deals website Betaville, using its term for market gossip. Lucid was the … Leer más

Indian Adani begins record sell-off in shares as short seller triggers $44bn rout

MUMBAI, Jan 27 (Reuters) – Shares of Indian firm Adani Enterprises (ADEL.NS) fell 15% on Friday as a scathing report from a U.S. short seller sparked a rout at the conglomerate’s listed companies , casting doubts on how investors will react to the company’s record $2.45 billion secondary sale. Seven listed companies in the Adani … Leer más

BuzzFeed Soars on Meta Deal Reports, Plans to Use OpenAI

Jan 26 (Reuters) – Shares of BuzzFeed Inc (BZFD.O) jumped on Thursday on reports of a deal with Meta Platforms Inc (META DEAL) and plans to use artificial intelligence to personalize and improve the digital media company’s quizzes and online content. The stock was 19% higher in extended trading, having more than doubled in value … Leer más

error: Content is protected !!