Dow S&P gain but Nasdaq dips as healthcare lags Dow S&P gain but Nasdaq dips as healthcare lags: DowDuPont (DWDP.N) was up 2.8 percent as the biggest boost to the S&P 500. It forecast third-quarter profit well above Wall Street’s expectations ahead of the combined company’s first earnings report next […]
Euro tumbles against dollar Treasury yields up Euro tumbles against dollar Treasury yields up: The dollar index .DXY rose 0.99 percent, with the euro EUR= down 1.35 percent to $1.1653 after the ECB said it would cut its bond purchases in half to 30 billion euros a month from January. […]
Asian shares gain after upbeat earnings from U.S. tech titans Asian shares gain after upbeat earnings from U.S. tech titans: The euro’s fall looks set to lift European shares with spread betters expecting higher opening of 0.5 percent in Germany’s DAX .GDAXI and 0.6 percent in France’s CAC .FCHI. Britain’s […]
Amazon gains wholesale pharmacy licenses in many U.S. states Amazon.com Inc has gained approval from a number of state pharmaceutical boards to become a wholesale distributor, St. Louis Post-Dispatch reported on Thursday, citing public records. The news send the shares of U.S. pharmacy chains, drug wholesalers and pharmacy benefit manager […]
Cloud computing drives massive growth for big U.S. tech firms Cloud computing drives massive growth for big U.S. tech firms: All four companies posted stellar quarterly earnings on Thursday, showing the strength of the shift in corporate computing away from company-owned data centers and to the cloud. Microsoft’s Azure business […]
Microsoft beats profit estimates on gains from cloud services Microsoft beats profit estimates on gains from cloud services: Shares of the world’s largest software company rose 3.1 percent to $81.20 in trading after the bell. Microsoft’s focus on fast-growing cloud applications and platforms is helping it beat slowing demand for […]
Amazon sales surge after Whole Foods acquisition Amazon sales surge after Whole Foods acquisition: Amazon is winning business from older, big box rivals by delivering virtually any product to customers at a low cost, and at times faster than it takes to buy goods from a physical store. It acquired […]
Twitter says it could turn first-ever profit Twitter says it could turn first-ever profit: Shares of Twitter soared more than 18 percent to $20.31 in afternoon trading. The company also said user growth resumed in the third quarter after stalling in the prior three months. Twitter has never had a […]
Alphabet mobile ad revenue surges shares jump Alphabet mobile ad revenue surges shares jump: The stock was up nearly 3 percent at $1,001.50 after the bell. They have gained 25 percent this year. Third-quarter revenue for Alphabet, the parent company of Google, jumped 24 percent to $27.8 billion, above the […]
U.S. new home sales race to nearly 10-year high in September The Commerce Department said on Wednesday new home sales surged 18.9 percent to a seasonally adjusted annual rate of 667,000 units last month amid an increase in all four regions. That was the highest level since October 2007 and […]
