Business

Megacaps rally pushes S&P 500 to first close above 5,000 milestone

• Business

Megacaps rally pushes S&P 500 to first close above 5,000 milestone

Stock Focus Report February 9, 2024

By Sinéad Carew and Sruthi Shankar (Reuters) -S&P 500 closed above 5,000 for the first time on...

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Apple to settle trade secrets lawsuit against chip startup Rivos

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Apple to settle trade secrets lawsuit against chip startup Rivos

Stock Focus Report February 9, 2024

By Blake Brittain (Reuters) – Apple plans to settle a lawsuit that accused tech startup Rivos of...

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As China woes mount, investment banks brace for more Asia job cuts

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As China woes mount, investment banks brace for more Asia job cuts

Stock Focus Report February 9, 2024

By Kane Wu and Selena Li HONG KONG (Reuters) -Job cuts at Western investment banks in Asia...

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NYCB shares end higher as new executive chair seeks to bolster confidence

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NYCB shares end higher as new executive chair seeks to bolster confidence

Stock Focus Report February 7, 2024

By Niket Nishant and Lewis Krauskopf (Reuters) -Shares of New York Community Bancorp closed higher on Wednesday...

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Oil rises nearly 1% as traders assess worsening geopolitical situation

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Oil rises nearly 1% as traders assess worsening geopolitical situation

Stock Focus Report February 5, 2024

By Shariq Khan NEW YORK (Reuters) – Oil prices rose about a dollar a barrel on Monday...

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Tesla falls on SAP snub report, Piper Sandler price target cut

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Tesla falls on SAP snub report, Piper Sandler price target cut

Stock Focus Report February 5, 2024

(Reuters) -Tesla shares came under pressure on Monday after a report that Germany’s SAP was no longer...

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Novo Nordisk’s parent to buy Catalent for $16.5 billion to boost Wegovy supply

• Business

Novo Nordisk’s parent to buy Catalent for $16.5 billion to boost Wegovy supply

Stock Focus Report February 5, 2024

By Maggie Fick and Patrick Wingrove (Reuters) -Novo Nordisk notched a win on Monday in its race...

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Stellantis says no merger plans after Renault report

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Stellantis says no merger plans after Renault report

Stock Focus Report February 5, 2024

By Giulio Piovaccari MILAN (Reuters) -Stellantis Chairman John Elkann on Monday denied the carmaker had merger plans,...

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AbbVie raises 2027 sales forecast for new immunology drugs to $27 billion

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AbbVie raises 2027 sales forecast for new immunology drugs to $27 billion

Stock Focus Report February 2, 2024

By Leroy Leo and Patrick Wingrove (Reuters) -AbbVie on Friday raised its 2027 forecast for sales of...

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Meta surges with record $196 billion gain in stock market value

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Meta surges with record $196 billion gain in stock market value

Stock Focus Report February 2, 2024

By Samrhitha A, Aishwarya Venugopal and Chuck Mikolajczak (Reuters) -Meta Platforms added $196 billion in stock market...

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