US stocks closed mixed on Wednesday after the Federal Reserve (Fed) left its key interest rate unchanged, as expected, and indicated that while its next move will likely be a rate cut, continued progress on inflation is not assured.

S&P 500, Nasdaq end lower after Fed rate decision, Powell press conference

US stocks ended lower on Tuesday as markets weighed economic data showing rising labour costs and deteriorating consumer confidence on the day of a key Federal Reserve policy meeting to decide the direction of interest rates.

Wall Street stocks fall as markets weigh strong wage data, Fed meeting 

US stocks ended higher on Monday, with sharp gains for Tesla and Apple leading the way, as investors looked toward what the Federal Reserve would say about the interest rate outlook after its policy meeting this week.

Wall Street stocks finish higher as investors focus on Fed moves

Wall Street's main indexes advanced on Friday as most megacap growth stocks rose after robust quarterly results from Alphabet pushed its market value over US$2 trillion (RM9.5 trillion), while an in-line inflation reading calmed interest rate jitters.

Wall Street rises as Big Tech charges higher

US equity funds registered their fourth successive weekly outflows in the week ended April 24, hit by fading expectations for rate cuts this year.

US equity funds see fourth straight week of outflows amid rate cut reassessment

The US equity market will continue to rely on a handful of megacap stocks for direction until an uptick in real interest rates ignites recession fears, according to Bank of America Corp strategists.

US megacaps to lead stock rally until real rates bite, says BofA

Wall Street stocks closed lower on Thursday as markets were stunned by data showing slower-than-expected US economic growth and persistent inflation, coupled with a sell-off in large cap stocks triggered by disappointing results from Meta Platforms.

Wall Street stocks fall as weak GDP growth spreads rate-cut gloom

Benchmark S&P 500 closed higher in choppy trading on Wednesday, as investors weighed an uptick in Treasury yields amid positive corporate results particularly from technology giants.

S&P 500 ends higher as markets weigh rising yields, upbeat corporate results

The Nasdaq outpaced Wall Street peers on Wednesday, with Tesla leading gains among megacap stocks after its quarterly results, while upbeat earnings reports across other sectors also offered support.

Nasdaq outshines Wall Street peers on tech boost, earnings glee 

Tesla said it will lay off 6,020 employees in Texas and California ahead of its quarterly results on Tuesday when CEO Elon Musk is expected to outline the electric-vehicle (EV) maker's strategy to combat slowing demand and falling margins.

Tesla to cut more than 6,000 jobs in Texas, California, notices show

US stocks closed higher on Tuesday following positive earnings from top-tier companies and as investors were focused on quarterly results from Magnificent Seven and other megacap growth stocks.

Wall Street closes higher as investors digest earnings, megacap outlook

Wall Street's main indexes rose on Tuesday as some growth and chip shares gained, while stocks like General Motors and Spotify advanced on upbeat earnings updates ahead of quarterly reports from big technology companies.

Wall Street gains on bright earnings, megacaps' support

Wall Street stocks ended higher on Monday following a market sell-off in previous sessions as investors eyed a busy week for quarterly results from key companies that would provide a glimpse of the US economy's health.

Wall Street stocks end higher with major corporate earnings in view

Travel firm Viking Holdings said on Monday it is seeking a valuation of up to US$10.8 billion in its initial public offering in the United States, as it joins a slew of companies looking to take advantage of a rebound in the capital market.

The IPO of roughly 44 million shares will see the company selling 11 million shares and existing shareholders the rest. Viking is targeting a range between US$21 and US$25 apiece to raise up to US$1.1 billion, according to a regulatory filing.

Travel firm Viking aims for up to US$10.8 bil valuation in US IPO

Apex Securities Bhd has recommended investors to “subscribe” to ACE Market-bound Farm Price Holdings Bhd at an initial public offering (IPO) price of 24 sen and a fair value of 42 sen by pegging financial year 2025 (FY2025) forecast core earnings per share of 3.2 sen to price-earnings (PE) of 13 times (75% potential upside from IPO price).

Apex Securities advises investors to subscribe to ACE Market-bound Farm Price with fair value of 42 sen

(May 2): Elon Musk’s latest cost-cutting victims: Summer interns.

Tesla Inc. is rescinding offers just weeks before internships were set to start, prompting aspiring employees to take to LinkedIn to appeal to other employers to take them in.

“At 8:46am, I opened a Tesla email ...

Tesla interns say offers are getting revoked weeks before their start date

(May 2): National Australia Bank Ltd. said it will buy back up to A$1.5 billion (US$1 billion) of its own stock as profit at the lender came in line with expectations.

Cash earnings fell 13% to A$3.55 billion in the six months ended March 31, the Melbourne-based firm said in a statement...

National Australia Bank to buyback US$1 billion as profit dips

(May 2): Alphabet Inc. paid Apple Inc. US$20 billion in 2022 for Google to be the default search engine in the Safari browser, according to newly unsealed court documents in the Justice Department’s antitrust lawsuit against Google.

The deal between the two tech giants is at the heart o...

Google’s payments to Apple reached US$20 billion in 2022, antitrust court documents show

A gauge of global stocks fell on Wednesday while the dollar weakened against a basket of peers after the Federal Reserve (Fed) left interest rates unchanged and indicated it is still leaning toward eventual rate cuts.

Stocks, dollar decline after Fed holds rates steady

(May 2): Chelsea's bid to make it five Women's Super League titles in a row suffered a huge setback on Wednesday as they lost a 4-3 thriller to Liverpool, seriously denting the possibility of the Blues giving manager Emma Hayes a winning send-off.

Liverpool secured their second successi...

Chelsea WSL title hopes derailed by stunning 4-3 loss to Liverpool

(May 2): Apple's plan to add generative AI to its iPhones and revive sagging sales in the crucial Chinese market will be in focus on Thursday, when the tech giant is expected to report its biggest quarterly revenue decline in more than a year.

Long considered a must-own stock on Wall St...

Apple set for big sales decline as investors await AI in iPhones

DORTMUND, Germany (May 2): Borussia Dortmund's Niclas Fuellkrug fired in a first-half goal to seal a 1-0 victory over visitors Paris St Germain in a compelling Champions League semi-final first leg on Wednesday.

Nico Schlotterbeck floated a pass into Fuellkrug's path and the Germany for...

Fuellkrug earns impressive Dortmund 1-0 first-leg win over PSG

WASHINGTON (May 2): Hackers who breached UnitedHealth's tech unit in February potentially stole a third of Americans' data, the largest U.S. health insurer's CEO told a Congressional committee on Wednesday.

Two Congressional panels grilled CEO Andrew Witty about the cyberattack on the c...

UnitedHealth says hackers potentially stole a third of Americans' data

US stocks closed mixed on Wednesday after the Federal Reserve (Fed) left its key interest rate unchanged, as expected, and indicated that while its next move will likely be a rate cut, continued progress on inflation is not assured.

The government will continue to monitor the impact on inflation in the country following the announcement of a more than 13% increase in civil servants' salaries this December.

Anwar: Putrajaya will keep eye on inflation rate following civil service pay hike

(May 2): Elon Musk’s latest cost-cutting victims: Summer interns.

Tesla Inc. is rescinding offers just weeks before internships were set to start, prompting aspiring employees to take to LinkedIn to appeal to other employers to take them in.

“At 8:46am, I opened a Tesla email ...

A gauge of global stocks fell on Wednesday while the dollar weakened against a basket of peers after the Federal Reserve (Fed) left interest rates unchanged and indicated it is still leaning toward eventual rate cuts.

Apex Securities Bhd has recommended investors to “subscribe” to ACE Market-bound Farm Price Holdings Bhd at an initial public offering (IPO) price of 24 sen and a fair value of 42 sen by pegging financial year 2025 (FY2025) forecast core earnings per share of 3.2 sen to price-earnings (PE) of 13 times (75% potential upside from IPO price).

(May 2): Apple's plan to add generative AI to its iPhones and revive sagging sales in the crucial Chinese market will be in focus on Thursday, when the tech giant is expected to report its biggest quarterly revenue decline in more than a year.

Long considered a must-own stock on Wall St...

(May 2): Alphabet Inc. paid Apple Inc. US$20 billion in 2022 for Google to be the default search engine in the Safari browser, according to newly unsealed court documents in the Justice Department’s antitrust lawsuit against Google.

The deal between the two tech giants is at the heart o...

(May 2): National Australia Bank Ltd. said it will buy back up to A$1.5 billion (US$1 billion) of its own stock as profit at the lender came in line with expectations.

Cash earnings fell 13% to A$3.55 billion in the six months ended March 31, the Melbourne-based firm said in a statement...

(May 2): Chelsea's bid to make it five Women's Super League titles in a row suffered a huge setback on Wednesday as they lost a 4-3 thriller to Liverpool, seriously denting the possibility of the Blues giving manager Emma Hayes a winning send-off.

Liverpool secured their second successi...

WASHINGTON (May 2): Hackers who breached UnitedHealth's tech unit in February potentially stole a third of Americans' data, the largest U.S. health insurer's CEO told a Congressional committee on Wednesday.

Two Congressional panels grilled CEO Andrew Witty about the cyberattack on the c...

DORTMUND, Germany (May 2): Borussia Dortmund's Niclas Fuellkrug fired in a first-half goal to seal a 1-0 victory over visitors Paris St Germain in a compelling Champions League semi-final first leg on Wednesday.

Nico Schlotterbeck floated a pass into Fuellkrug's path and the Germany for...

Us-stocks

‌
‌

Us-stocks

‌‌

‌
‌