© Reuters. Investing.com — The S&P 500 slipped between gains and losses Tuesday as investors digested a slip in health care stocks and renewed investor appetite for regional banking stocks. The was up 0.2%, the fell 0.1%, or 36 points lower, and the gained 0.4%. Financials were the top performing sector on the day, led...
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European stocks drift lower; weak German factory orders hit sentiment By Investing.com
© Reuters. Investing.com – European stock markets drifted lower Tuesday, as investors fretted about slowing global growth and future central bank policy decisions. At 03:15 ET (07:15 GMT), the index in Germany traded 0.1% lower, the in France fell 0.2% and the in the U.K. dropped 0.1%. Data released earlier in the session showed that...
General Motors and POSCO expand Ultium CAM joint venture in North America with $1B investment By Investing.com
© Reuters. General Motors (GM) and POSCO expand Ultium CAM joint venture in North America with $1B investment American automaker General Motors (NYSE:) made an announcement Friday in collaboration with POSCO (NYSE:) Future M regarding the next phase of their Ultium CAM joint venture. This strategic partnership entails a substantial investment of over $1 billion...
LL Flooring gains on founder takeover offer, Ambarella falls on light guidnace By Investing.com
© Reuters. After-hours movers: LL Flooring gains on founder takeover offer, Ambarella falls on light guidnace After-Hours Stock Movers: LL Flooring Holdings Inc (NYSE:) 16% HIGHER; received an unsolicited, non-binding proposal from Cabinets To Go, LLC (Cabinets To Go), a subsidiary of F9 Brands, Inc., to acquire all of the outstanding shares of the Company for...
EV hits this week By Investing.com
© Reuters. By Michael Elkins Investing.com — Here is your weekly Pro Recap of the past week’s biggest headlines in the electric vehicle space: a buzzy Ford-Tesla pact; political battles over EVs; a delisting threat at Nikola; and more news out of Stellantis and VinFast. InvestingPro subscribers got these EV headlines at lightning speed. Start...
Dow futures lift as Biden and McCarthy continue debt talks By Investing.com
© Reuters. Investing.com – U.S stock futures were trading slightly higher during Monday’s evening deals, following a mixed session among major benchmark averages as market participants monitored debt ceiling negotiations between President Joe Biden and House Speaker Kevin McCarthy. By 6:50pm ET (10:50pm GMT) , and lifted 0.1% apiece. in extended deals, Zoom Video Communications...
Dow futures fall 15 pts; Fed speakers, debt ceiling meeting prompt caution By Investing.com
© Reuters. Investing.com — U.S. stocks are seen opening marginally lower Monday, as investors concentrate on the resumption of key debt ceiling negotiations as comments from Federal Reserve officials. At 07:00 ET (11:00 GMT), the contract was down 15 points or 0.1%, traded 4 points or 0.1% lower, and dropped 17 points or 0.1%. U.S....
Israel stocks lower at close of trade; TA 35 down 0.60% By Investing.com
© Reuters. Israel stocks lower at close of trade; TA 35 down 0.60% Investing.com – Israel stocks were lower after the close on Sunday, as losses in the , and sectors led shares lower. At the close in Tel Aviv, the lost 0.60%. The best performers of the session on the were Tower Semiconductor Ltd...
Japan’s Nikkei leads Asian stocks higher; China, Fed fears limit gains By Investing.com
© Reuters. Investing.com — Most Asian stock markets rose on Friday and were headed for a positive week amid optimism over raising the U.S. debt ceiling, although concerns over a slowing economic recovery in China and a hawkish Federal Reserve kept gains limited. Japan’s index outpaced its peers for a fifth straight session, rising 1%...
Magic Software Enterprises earnings missed by $0.02, revenue fell short of estimates By Investing.com
© Reuters. Magic Software Enterprises earnings missed by $0.02, revenue fell short of estimates Investing.com – Magic Software Enterprises (NASDAQ: ) reported first quarter EPS of $0.26, $0.02 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $142.4M versus the consensus estimate of $151.2M. Guidance Magic Software Enterprises sees FY...