
Wall Street edges up with U.S. bond yields in check
U.S. stocks edged higher on Wednesday as recent comments from Federal Reserve officials helped tamp down concerns about runaway inflation and kept bond yields in check.

U.S. stocks edged higher on Wednesday as recent comments from Federal Reserve officials helped tamp down concerns about runaway inflation and kept bond yields in check.

Ford Motor Co (F.N) on Wednesday outlined plans to boost spending on its electrification efforts by more than a third and said it aims to have 40% of its global volume be all electric by 2030, sending shares near a five-year high.

Swedish gambling technology company Evolution (EVOG.ST) is betting online casinos will increasingly replace physical venues and help to maintain its rapid recent expansion.

Amazon.com Inc (AMZN.O) said on Wednesday it is buying MGM, the fabled U.S. movie studio home to the James Bond franchise, for $8.45 billion, giving it a huge library of films and TV shows and ramping up competition with streaming rivals led by Netflix and Disney+.

SoftBank Group Corp’s (9984.T) Vision Fund 2 has led a $775 million investment in Perch, a technology firm that buys and operates third-party brands that sell their products on Amazon.com Inc (AMZN.O).

Ford Motor Co (F.N) on Wednesday outlined plans to boost spending on its electrification efforts by more than a third and said it aims to have 40% of its global volume be all electric by 2030 in a move to have investors value it more like a technology company.

The Biden administration is working with pipeline companies to strengthen protections against cyberattacks following the Colonial Pipeline hack, with announcements of actions planned in coming days, the Department of Homeland Security (DHS) said on Tuesday.

Financial technology start-ups in Saudi Arabia and the United Arab Emirates offering online short-term credit say they are enjoying exponential growth as the coronavirus pandemic drives a shift in consumer spending online.

Bitcoin climbed back above $40,000 on Wednesday for the first time this week, as recent volatility in the cryptocurrency market showed few signs of dampening down.

Shares of GameStop (GME.N) soared 16.3% on Tuesday after hitting their highest level since late March, and other so-called “meme” stocks also rallied as investors shifted back into the retail favorites that had notched big gains earlier in the year.

U.S. stocks edged higher on Wednesday as recent comments from Federal Reserve officials helped tamp down concerns about runaway inflation and kept bond yields in check.

Ford Motor Co (F.N) on Wednesday outlined plans to boost spending on its electrification efforts by more than a third and said it aims to have 40% of its global volume be all electric by 2030, sending shares near a five-year high.

Swedish gambling technology company Evolution (EVOG.ST) is betting online casinos will increasingly replace physical venues and help to maintain its rapid recent expansion.

Amazon.com Inc (AMZN.O) said on Wednesday it is buying MGM, the fabled U.S. movie studio home to the James Bond franchise, for $8.45 billion, giving it a huge library of films and TV shows and ramping up competition with streaming rivals led by Netflix and Disney+.

SoftBank Group Corp’s (9984.T) Vision Fund 2 has led a $775 million investment in Perch, a technology firm that buys and operates third-party brands that sell their products on Amazon.com Inc (AMZN.O).

Ford Motor Co (F.N) on Wednesday outlined plans to boost spending on its electrification efforts by more than a third and said it aims to have 40% of its global volume be all electric by 2030 in a move to have investors value it more like a technology company.

The Biden administration is working with pipeline companies to strengthen protections against cyberattacks following the Colonial Pipeline hack, with announcements of actions planned in coming days, the Department of Homeland Security (DHS) said on Tuesday.

Financial technology start-ups in Saudi Arabia and the United Arab Emirates offering online short-term credit say they are enjoying exponential growth as the coronavirus pandemic drives a shift in consumer spending online.

Bitcoin climbed back above $40,000 on Wednesday for the first time this week, as recent volatility in the cryptocurrency market showed few signs of dampening down.

Shares of GameStop (GME.N) soared 16.3% on Tuesday after hitting their highest level since late March, and other so-called “meme” stocks also rallied as investors shifted back into the retail favorites that had notched big gains earlier in the year.
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