UK regulator clears Amazon's (AMZN) $1.7bn iRobot acquisition
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Adobe, Intel, Virgin Galactic rise premarket; SoFi Technologies falls
June 16, 2023 8:26 AM EDTInvesting.com -- Stocks in focus in premarket trade on Friday, June 16th. Please refresh for updates.
Adobe (NASDAQ: ADBE) stock rose 4.6% after the software giant beat quarterly expectations as the Photoshop maker's efforts to drive up demand with generative artificial intelligence integrations paid... More
Amazon's (AMZN) Acquisition Of Irobot Cleared By UK Regulator CMA - Bloomberg
June 16, 2023 5:53 AM EDTAmazon's (AMZN) Acquisition Of Irobot Cleared By UK Regulator CMA - Bloomberg
... MoreActive options: AMZN INTC SOFI BABA META AI UBER CVNA AMX CCL ORCL GOOGL
June 16, 2023 5:33 AM EDTActive options: AMZN INTC SOFI BABA META AI UBER CVNA AMX CCL ORCL GOOGL
... MoreStock market today: Dow ends lower as Fed signals more hikes ahead
June 14, 2023 4:40 PM EDTBy Yasin Ebrahim
Investing.com -- The Dow closed lower Wednesday after the Federal Reserve delivered a widely expected pause, but forecast further hikes to come as inflation remains sticky.
The Dow Jones Industrial Average fell 0.7%, or 232 points, the Nasdaq rose 0.4% and the S&P 500 rose 0.1%.
The Fed now sees its terminal rate, or peak rate, at 5.6% at the midpoint in 2023, up from a prior forecast of 5.1% seen in March, suggesting two more hikes remain in play.
For now, though, this is a more hawkish pause than we... More
Midday movers: Logitech, UnitedHealth Group, Advanced Micro Devices and more
June 14, 2023 1:49 PM EDTInvesting.com -- Stocks are mixed as investors await the Federal Reserve's latest decision on interest rates and its forecasts for the economy, inflation and unemployment. Here are the market movers for June 14.
Logitech International SA (NASDAQ: LOGI) shares... MoreU.S. stocks were falling as investors await the Federal Reserve's rate decision
June 14, 2023 10:04 AM EDTInvesting.com -- U.S. stocks were mostly lower ahead of the Federal Reserves latest decision on interest rates.
At 9:39 ET (13:39 GMT), the Dow Jones Industrial Average was down 124 points or 0.4%, while the S&P 500 was flat and the NASDAQ Composite was down 2%.
New data is supporting the case for a pause in interest rate hikes. The Fed will announce its decision this afternoon, followed by a press conference by Chair Jerome Powell.
After Tuesdays... More
