Telecom stocks tumble on report Amazon is in talks to offer mobile service to U.S. Prime subs
Amazon (NASDAQ:AMZN) is in talks to offer low-cost or even free nationwide mobile phone service to Prime subscribers, according to…
Dow futures rise 165 pts; May nonfarm payrolls loom large
U.S. stocks are seen opening higher Friday as investors cheer the passage of the debt ceiling bill through Congress ahead…
Meta unveils Quest 3 mixed reality headset ahead of Apple’s VR debut
(Reuters) – Meta Platforms CEO Mark Zuckerberg on Thursday revealed the company’s next generation mixed reality headset, the Quest 3,…
Marketmind: Jubilant markets eye jobs in June jump
A look at the day ahead in U.S. and global markets from Mike Dolan With the U.S. debt ceiling removed,…
Tech shares see biggest ever weekly inflow on AI boom-BofA
(Reuters) – Technology equity funds saw their biggest weekly inflows on record in the week to Wednesday, driven by a…
JPMorgan’s Dimon visits Taiwan to meet staff, clients -source
(Reuters) – Jamie Dimon, the chief executive of U.S. bank JPMorgan Chase & Co (NYSE:JPM), is visiting Taiwan on Friday,…
Stocks gain, dollar stumbles as US averts default, Fed skip bets rise
(Reuters) – Global stocks and commodities rose on Friday while the dollar headed for its biggest weekly drop since January,…
Hopes of economic ‘soft landing’ re-emerge after stormy descent: Mike Dolan
(Reuters) – The economic airplane hasn’t reached the runway yet and has hit some more heavy turbulence in 2023 –…
European stocks rise; French industrial production beat helps sentiment
European stock markets traded higher Friday after the U.S. debt ceiling bill passed through Congress, while the latest French industrial…
Gold, copper see mild pullback as nonfarm payrolls data approaches
Gold and copper prices edged lower in Asian trade on Friday as markets hunkered down ahead of key nonfarm payrolls…