Asian stocks rallied alongside a strong tech sector fuelled by impressive US earnings. Bank of Japan maintained its short-term interest rate target at 0-0.1 per cent. Oil prices climbed, while Microsoft and Alphabet shares surged post-earnings beats. Investors await US inflation data and focus on ExxonMobil and NatWest earnings.
Netflix is set to report first-quarter earnings after the bell Thursday.
Wall Street expects GM to report solid results for the first quarter, with vehicle pricing remaining higher than anticipated.
TipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Cisco Systems and Goldman Sachs.
Memory chip maker Micron Technology is set to get more than $6 billion in grants from the U.S. Commerce Department to help pay for domestic chip factory projects, Bloomberg News reported on Wednesday. The award, which is not yet finalized, could be announced as soon as next week, the report said, citing people familiar with the matter. New York Governor Kathy Hochul said in a statement that the largest private investment in American history is on its way to Central New York. New federal funding...
Live Nation has been arguing that its subsidiary Ticketmaster doesn't set ticket prices; rather, performers and sports teams do Source
Lower volatility in foreign exchange markets also hurt profits. "What we see is really strong underlying underpinnings for the U.S. economy," CEO Robin Vince said, echoing the sentiments of other executives in the finance industry. He warned, however, that geopolitical tensions, uncertainty around the trajectory of interest rates and the United States fiscal deficit could have a destabilizing impact.
By ELAINE KURTENBACH AP Business Writer Markets in Asia apart from Shanghai’s were broadly higher Monday, shrugging off the blues on Wall Street after big technology stocks logged their worst week since the COVID crash in 2020. Oil prices fell while U.S. futures advanced. Hong Kong’s Hang Seng led the region, gaining 1.6% to 16489.08.
Stock market today: Asian shares shrug off Wall St blues as China leaves lending rate unchanged
Markets in Asia apart from Shanghai’s are broadly higher, shrugging off the blues on Wall Street after big technology stocks logged their worst week since the COVID crash in 2020
Kitsu Go, which will serve office workers in nearby developments, will be based on St Paul’s Street. Signs for the new eatery appeared on the unit, a short walk from Park Square, earlier this week. Work is currently underway ahead of the new restaurant’s opening. Sing Wong, the venue’s owner, told the YEP that he anticipates it will open next month. Sign up to our free newsletters today Kitsu Go’s Instagram advertises it as a “contemporary Japanese grab and go”, serving sushi, curry and tempura....
Exxon Mobil and Chevron posted results this morning. Follow along for live stock news and updates on other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.