US regional bank stocks steady after brutal sell-off
By Niket Nishant (Reuters) -U.S. regional bank stocks recovered slightly on Friday after a two-day plunge sparked by investor concerns…
Day: February 2, 2024
Meta surges with record $196 billion gain in stock market value
By Samrhitha A, Aishwarya Venugopal and Chuck Mikolajczak (Reuters) -Meta Platforms added $196 billion in stock market value on Friday,…
Bezos to sell up to 50 million Amazon shares by Jan. 31 next year – filing
(Reuters) -Amazon.com founder Jeff Bezos will sell up to 50 million shares in the online retail and cloud services firm…
US labor market sizzles with blowout job growth, solid wage gains
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth accelerated in January and wages increased by the most in nearly…
Exxon beats estimates, ends 2023 with a $36 billion profit
By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil on Friday posted a better-than-expected $36 billion profit for 2023, lifted by fuels…
Short sellers targeting regional bank stocks up $1 billion -Ortex
NEW YORK (Reuters) – Short sellers targeting shares of a group of U.S. regional banks, including New York Community Bancorp,…
Ford EV sales fall in January amid demand slowdown
(Reuters) -Ford Motor reported an about 11% fall in January sales of electric vehicles (EV) on Friday, as the industry…
Tesla woes get investors talking about its successor in ‘Magnificent Seven’
By Johann M Cherian and Ankika Biswas (Reuters) – The recent slump in Tesla stock threatens its place in an…
Amazon posts AI-fueled cloud, ecommerce growth, shares jump
By Akash Sriram and Greg Bensinger (Reuters) -Amazon.com beat fourth-quarter revenue expectations on Thursday as new generative AI features in…
Facebook parent Meta declares first dividend, shares soar
By Katie Paul and Yuvraj Malik (Reuters) -Meta Platforms issued its first dividend days ahead of flagship social network Facebook’s…