corporate
Stocks fall across Europe and Nasdaq futures tumble 1%, as inflation concerns and selloff sentiment spread
Stocks fell across Europe on Tuesday as Nasdaq futures tumbled more than 1%, with rising U.S. inflation concerns spooking investor sentiment. The pan-European Stoxx 600 SXXP, -2.18% slipped 2%, after closing at a fresh record high on Monday. In London, the FTSE 100 UKX, -2.23% fell 2.3%, while the CAC 40 PX1, -2.13% in Paris …
Corporate Leaders Are Getting Bullish On Government Action On Health Care Costs
A shorter version of this column has been published by Axios. In an apparent break with the past, a surprising share of corporate leaders are now willing to support government efforts to tame health spending. Historically Republican-leaning and weary of government, only a tiny share oppose regulation. The test of how serious they are will be …
Cognizant Technology Solutions Corp. stock rises Wednesday, outperforms market
Shares of Cognizant Technology Solutions Corp. CTSH, +0.30% inched 0.30% higher to $80.18 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -0.08% falling 0.08% to 4,183.18 and Dow Jones Industrial Average DJIA, -0.48% falling 0.48% to 33,820.38. This was the stock’s third …
Archegos Losses Top $10 Billion as UBS, Nomura Add to Damage
UBS, Switzerland’s biggest bank by assets, said it lost $774 million following Archegos’s implosion, a bigger hit than analysts expected, deepening the damage caused by the fund. Meantime, Japan’s Nomura, which flagged losses of around $2 billion last month, upped its total damage tally to $2.85 billion. This included a loss of 245.7 billion yen, …
Micron Technology Inc. stock outperforms competitors on strong trading day
Shares of Micron Technology Inc. MU, +1.56% advanced 1.56% to $86.03 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.09% rising 1.09% to 4,180.17 and the Dow Jones Industrial Average DJIA, +0.67% rising 0.67% to 34,043.49. Micron Technology Inc. closed $10.93 short …
Young, healthy adults will be deliberately reinfected with COVID-19 to boost vaccine development
Healthy, young volunteers who have previously had COVID-19 will be deliberately exposed to coronavirus for a second time to see how the immune system responds, as part of a new U.K. study. Researchers at the University of Oxford on Monday launched the “human challenge” trial to investigate what happens when volunteers who have recovered from the …
Uber Technologies Inc. stock outperforms competitors despite losses on the day
Shares of Uber Technologies Inc. UBER, -0.64% slipped 0.64% to $60.35 Friday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP, +0.10% rising 0.10% to 14,052.34 and the Dow Jones Industrial Average DJIA, +0.48% rising 0.48% to 34,200.67. Uber Technologies Inc. closed $3.70 short …
Grab to Go Public in Record-Breaking SPAC Merger
Grab Holdings Inc. said it would go public on the Nasdaq Stock Market by merging with a special-purpose acquisition company, securing a near-$40 billion valuation in a new milestone for the SPAC boom that has swept U.S. financial markets. The $39.6 billion deal to list Grab, a ride-hailing, food-delivery and digital-wallet group that operates across …
Roper Technologies Inc. stock outperforms market on strong trading day
Shares of Roper Technologies Inc. ROP, +0.81% inched 0.81% higher to $421.58 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.77% rising 0.77% to 4,128.80 and the Dow Jones Industrial Average DJIA, +0.89% rising 0.89% to 33,800.60. This was the stock’s second …
Micron Technology Inc. stock outperforms market on strong trading day
Shares of Micron Technology Inc. MU, +1.42% advanced 1.42% to $95.29 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.42% rising 0.42% to 4,097.17 and the Dow Jones Industrial Average DJIA, +0.17% rising 0.17% to 33,503.57. This was the stock’s second consecutive …
