Wall Street closes near flat as Treasury yields surge
(This story has been corrected to say Nasdaq fell 0.1%, not gained 0.08%, in the bullet point and paragraph 7)…
Category: General
Amgen quarterly revenue rises 6%, profit beats Street estimates
By Deena Beasley (Reuters) -Amgen, which is facing U.S. Federal Trade Commission (FTC) delays to its planned acquisition of Horizon…
Apple and Amazon Ignite Investor Optimism with AI Frenzy Expectations
Get Ahead with Today’s Key Insights In the fast-paced world of investments, here are some crucial points to keep in…
Moderna sees up to $4 billion in 2023 sales from private market for COVID shots
By Leroy Leo and Patrick Wingrove (Reuters) -Moderna Inc on Thursday forecast as much as $4 billion in revenue from…
Dollar hits 4-week peak, then eases, sterling lower after BOE hike
By Herbert Lash NEW YORK (Reuters) -The dollar slid from a four-week peak on Thursday after U.S. labor market data…
Teva agrees to pay $126 million to US hospitals over opioids
By Brendan Pierson (Reuters) – Teva Pharmaceutical Industries Ltd has agreed to pay up to $126 million to U.S. hospitals…
Wall Street ends down, investors step back after Fitch US rating cut
By David French (Reuters) -Wall Street finished lower on Wednesday, with the S&P 500 and Nasdaq Composite down for a…
PayPal’s weak margin eclipses upbeat spending outlook
By Sri Hari N S and Manya Saini (Reuters) -PayPal Holdings shares fell 7% in extended trading on Wednesday as…
Shopify forecasts solid revenue growth on higher prices, more signups
By Yuvraj Malik (Reuters) -Canada’s Shopify forecast strong revenue growth and delivered better-than-expected results for the second quarter on Wednesday,…
Robinhood beats revenue estimates, shares fall on decline in users
By Hannah Lang (Reuters) -Robinhood Markets Inc reported higher second-quarter revenue on Wednesday as interest rates continued to buoy the…