Wall Street tumbles, Treasury yields gain as focus turns to Fed
By Stephen Culp NEW YORK (Reuters) – U.S. stocks ended sharply lower and Treasury yields headed higher on Friday as…
Month: September 2023
Valero Energy authorizes share repurchase of up to $2.5 billion
(Reuters) – Refiner Valero Energy on Friday authorized a share repurchase of up to $2.5 billion, with no expiration date.…
Instacart raises IPO price range after robust Arm debut
(Reuters) – Grocery delivery app Instacart raised its proposed price range for its initial public offering (IPO) on Friday, revising…
SoftBank-backed Neumora valued at $2.51 billion in lukewarm debut
By Jaiveer Shekhawat (Reuters) -Shares of Neumora Therapeutics, which is backed by Amgen and Japan’s SoftBank, fell in their market…
Birkenstock reveals 21% revenue jump in updated financials ahead of IPO
(Reuters) – German premium footwear maker Birkenstock Holding’s revenue jumped 21% in the nine months ended June 30, it said…
S&P 500 ends higher as CPI data cements bets for Fed pause
By Noel Randewich and Ankika Biswas (Reuters) – The S&P 500 and Nasdaq ended higher on Wednesday after data showing…
Oil dips as surprise US crude stockbuild faces supply cuts
By Stephanie Kelly NEW YORK (Reuters) -Oil prices edged lower on Wednesday, after earlier hitting a 10-month high, as a…
Biden’s climate act to cut US emissions by 2030 by 35-43% -EPA
(Reuters) – The U.S. economy is on track to spew between 35% and 43% less carbon dioxide by 2030 from…
Chinese stocks lead foreign exodus from emerging markets in August -IIF
By Rodrigo Campos NEW YORK (Reuters) – Chinese stocks took a record hit as foreign investors yanked $15.5 billion out…
Wall Street ends lower as Oracle tumbles on weak forecast
By Noel Randewich and Ankika Biswas (Reuters) – Wall Street stocks ended lower on Tuesday as Oracle shares tumbled more…