WALL STREET

Wall Street reverses losing streak on renewed hopes of economic revival

Wall Street rebounded on Tuesday, snapping a multi-day losing streak as a string of upbeat earnings and revived economic optimism…

4 years ago

Robinhood seeks up to $35 bln valuation in mega U.S. IPO

Robinhood Markets Inc is targeting a valuation of up to $35 billion in its initial public offering in the United…

4 years ago

Bill Ackman rejigs Universal deal after regulators probe SPAC plan

Billionaire investor Bill Ackman will buy up to 10% of Vivendi's (VIV.PA) Universal Music Group through his main hedge fund,…

4 years ago

AMC, GameStop shares fall to half of their June peaks

Shares of cinema operator AMC Entertainment (AMC.N) and video game retailer GameStop Corp (GME.N) fell sharply on Wednesday and were…

4 years ago

Wells Fargo wary on prospect of asset restriction easing

Wells Fargo & Co's(WFC.N)Chief Executive Officer Charlie Scharf said the bank was not yet planning for the end of a…

4 years ago

Asian shares lower on U.S. inflation jitters

Asian shares fell on Wednesday after data showing the biggest jump in U.S. inflation in 13 years fuelled some market…

4 years ago

U.S. consumer prices post largest gain in 13 years; inflation has likely peaked

U.S. consumer prices increased by the most in 13 years in June amid supply constraints and a continued rebound in…

4 years ago

Asia shares bounce as mood shifts, sentiment fickle

Asian shares were enjoying a relief rally on Monday as record highs on Wall Street and policy easing in China…

4 years ago

Wall Street rises as cyclical stocks rebound after selloff

U.S. stock indexes rose on Friday as shares of companies that benefit from economic restart including energy firms and banks…

4 years ago

As meme stock momentum fades, AMC, GameStop fall

Shares in so-called meme stocks with a following among retail investors lost ground on Wednesday, with AMC Entertainment (AMC.N) shares…

4 years ago