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Posts published in “Finance”

Stocks waver, yields tumble, oil prices edge higher: Stock market news today

Stocks waver, yields tumble, oil prices edge higher: Stock market news today  Yahoo FinanceWhat the OPEC cuts mean for Putin and Russia  CNNOil prices: U.S. slowly realizing it won't be 'that swing supplier' amid OPEC+ cuts, analyst says  Yahoo FinanceUS Oil Prices, Inflation Outlook After OPEC+ Production Cuts  BloombergAre surprise oil production cuts a Saudi message to Washington?  ...

UFC Owner Endeavor Nears Deal to Acquire Vince McMahon’s WWE

UFC Owner Endeavor Nears Deal to Acquire Vince McMahon’s WWE  Yahoo FinanceWWE near deal to be sold to UFC parent Endeavor, sources say  CNBCWWE is combining with UFC to form a new company  CNNWWE close to being sold to UFC parent company Endeavor  New York Post WWE on Verge of Acquisition by Endeavor (NYSE:EDR)  TipRanks...

S&P 500 closes higher on Wednesday, Nasdaq adds 2% as investors look past Fed’s rate hike

Stocks close higher Wednesday after Fed meetingThe major averages settled higher following the Federal Reserve's latest policy meeting. The Dow Jones Industrial Average rose 6.92 points, or 0.02% to 34,092.96. The S&P 500 gained 1.05% to 4,119.21, reversing an early decline of almost 1%. Meanwhile, the Nasdaq Composite added 2% to 11,816.32. — Sarah MinNow…

Adani shares volatile as group rebuts short-seller report, Chinese stocks head for bull market

Adani companies lost billions in market after a short-seller report accused the group of fraud.Indranil Aditya | Bloomberg | Getty ImagesStocks in the Asia-Pacific mostly fell on Monday as shares of Adani Group remained volatile after the conglomerate rebutted short seller firm Hindenburg's accusations of embezzlement and fraud.India's Nifty 50 Index traded 0.3% lower after…

The Stock Market Is Off to a Great Start. Earnings Season Could Be a Problem.

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barrons.com/articles/stock-market-earnings-season-51673057289 Updated January 8, 2023 / Original January 6, 2023 Order Reprints Print Article Investors got their Goldilocks jobs report on Friday morning, with a growing-but-slowing labor market, a tick-up in participation,…

Dow gains more than 200 points after jobs report shows lighter wage gains than expected

Stocks close day, week higherA Friday rally on the back of new economic data left stocks positive on the both the day and week when markets closed.The Dow ended up 2.1% on the day and 1.5% on the week.Meanwhile, the S&P 500 gained 2.3% Friday and 1.5% in the week.The Nasdaq posted the biggest daily…

Tesla reports 1.31 million deliveries in 2022, growth of 40% over last year

Tesla electric cars in Germany on March 21, 2022.Sean Gallup | Getty Images News | Getty ImagesTesla just published its fourth-quarter vehicle production and delivery report for 2022.Here are the key numbers.Total deliveries Q4 2022: 405,278Total production Q4 2022: 439,701Total annual deliveries 2022: 1.31 millionTotal annual production 2022: 1.37 millionDeliveries are the closest approximation of…

As crematoriums fill up, China shifts how it counts Covid deaths

Beijing CNN  —  For much of the pandemic, images of overflowing hospitals and busy funeral homes from the United States have featured heavily on China’s state-controlled television, where the deaths of over a million Americans from Covid is depicted as a gross failing of Western democracy. Now, as an unprecedented wave of infections rips through…

Elon Musk restores Twitter accounts of journalists after suspensions draw backlash

Dec 17 (Reuters) - Elon Musk reinstated the Twitter accounts of several journalists that were suspended for a day over a controversy on publishing public data about the billionaire's plane.The reinstatements came after the unprecedented suspensions evoked stinging criticism from government officials, advocacy groups and journalism organizations from several parts of the globe on Friday,…