Investing.com -- Main U.S. indexes fell Wednesday, amid fears the upcoming Federal Reserve policy-setting meeting will signal interest rates being held at elevated levels for a longer time.
Here are some of the biggest U.S. stock movers today:
Amazon (NASDAQ: AMZN) stock rose 1.7% after the e-commerce and tech giant’s first-quarter earnings beat estimates. However, gains were limited as its revenue forecast disappointed, as the... (continue reading...)
By Norihiko Shirouzu and Giulio Piovaccari
AUSTIN, Texas (Reuters) - Tesla has backed away from an ambitious plan for innovations in gigacasting, its pioneering manufacturing process, according to two sources familiar with the matter, in another sign that the electric-vehicle maker is retrenching amid falling sales and rising competition.
Tesla has been a leader in gigacasting, a cutting-edge technique that uses huge presses with... (continue reading...)
WASHINGTON(Reuters) - U.S. manufacturing contracted in April amid a decline in orders after briefly expanding in the prior month, while a measure of prices paid by factories for inputs approached a two-year high.
The Institute for Supply Management (ISM) said on Wednesday that its manufacturing PMI dropped to 49.2 last month from 50.3 in March, which was the highest and first reading above 50 since September 2022. A PMI reading above 50 indicates... (continue reading...)
(Reuters) - Roblox is rolling out virtual billboards with video advertisements, the gaming platform said on Wednesday, in its latest move to draw revenue from its games that are mostly free to play.
Users will now see billboards featuring content from brands such as e.l.f beauty, Walmart and Warner Bros Discovery, just as they would in real life.
That would give advertisers access to Roblox's nearly 72 million daily active users — half... (continue reading...)
Microsoft (NASDAQ: MSFT) said on Wednesday that it will establish its first regional data center in Thailand, aiming to enhance the availability of cloud services in the area.
The announcement comes just a day after CEO Satya Nadella disclosed a $1.7 billion investment in AI and cloud infrastructure in Indonesia.
"The datacenter region will expand the availability of Microsoft’s hyperscale cloud services," the company said in a statement.
"What that means it that is not... (continue reading...)
More General News
View Older Stories-
Treasury Expects To Increase Bill Auction Sizes In Coming Days - Bloomberg
-
U.S. private employers add 192,000 jobs in April - ADP
-
US job openings at 3-year low as demand for labor eases
-
Mastercard's profit beats as consumer spending defies inflation worries
-
Starbucks shares hit two-year low as China, US demand clouds outlook
-
Here's how to protect your portfolio from a potentially hawkish Fed today
-
Goldman updates ‘US Conviction List - Director’s Cut’: These 2 stocks are added
-
AMD, Super Micro spark chip selloff as earnings miss lofty AI expectations
-
Crypto stocks slide as Bitcoin price tumbles
-
Amgen investors await weight-loss drug data
-
Apple set for big sales decline as investors await AI in iPhones
-
Musk disbands Tesla EV charging team, leaving customers in the dark
-
Binance founder Zhao sentenced to four months in prison
-
Instant view: Biden administration plans to reclassify marijuana
-
US FCC resumes full oversight of broadband service providers
-
Pot stocks jump as U.S. DOJ moves to reclassify cannabis as a less dangerous drug
-
Binance Founder Changpeng Zhao Gets Four Months In Prison - Bloomberg
-
US newspapers sue OpenAI for copyright infringement over AI training
-
JPMorgan broadens roles for sales executives, memo says
-
Midday movers: Eli Lilly, 3M, PayPal rise; Coca-Cola, Tesla fall
-
Globe Life becomes target of second short seller this month
-
Citi CEO says US consumers are more cautious, emphasizes bank overhaul
-
Citi says futures positioning suggests investors are not buying the S&P 500 dip
-
Paramount Global downgraded by Needham, analysts flag worries over CEO departure
-
Mizuho explains why Amazon and AMD are 2 most important reports this week
-
Wall St opens lower on labor costs data; Fed decision on tap
-
Google to pay up to $6 million to News Corp for new AI content, The Information reports
-
American Tower Corp raises annual revenue forecast on healthy telecom spending
-
Walmart (WMT) rolls out new grocery brand, plans to shut down all health centers
-
Walmart to shut all health clinics in US over lack of profitability
-
Southwest Airlines launches compensation program for flight delays
-
Exclusive-Impossible Foods CEO says company will raise cash with or without IPO
-
WeWork reaches settlement with creditors, rebuffs Neumann bid
-
Apple shares rise after Bernstein analyst takes bullish stance
-
US Treasury to borrow $243 billion in Q2, higher than January forecast
-
Tesla's California registrations down second quarter in a row, dealer data shows
-
NYCB delays annual shareholders meeting by two weeks
-
FCC fines US wireless carriers over illegal location data sharing
-
Boeing taps debt market to raise $10 billion, sources say
-
U.S. facing "higher for longer" growth, inflation and rates - UBS
-
Strong AI investments helping support stocks overall - UBS
-
Wework Cuts Bankruptcy Exit Deal That Leaves Out Adam Neumann - Bloomberg
-
Midday movers: Tesla, Apple, Domino's Pizza rise; Alphabet falls
-
Arm to provide 2025 revenue guide "at least in line" with estimates - Wells Fargo
-
US Supreme Court won't hear Elon Musk dispute over SEC settlement
-
Wall St opens higher on megacap strength, Fed verdict awaited
-
Bill Gates still 'pulling the strings' at Microsoft - Insider
-
Deutsche Bank shares slip as lender faces fresh Postbank litigation worries
-
McDonald's set for weak sales growth as US fast-food chains grapple with muted traffic
-
EU enforces new regulations on Apple iPad to curb market dominance
