How S&P 500 tends to perform during Thanksgiving week and into New Year's Eve
While the S&P 500 "has shown some 'digestion' with lower returns the week after Thanksgiving," the index's strong performance historically from the national holiday through New Year's Eve suggests ...
SSAB to Deliver Fossil-Free Steel to New Amazon Data Center in Sweden
STOCKHOLM--Swedish steelmaker SSAB will deliver steel produced without the use of fossil fuels to Amazon Web Services for use in a new data center being built in Sweden.
Roche to Acquire Poseida Therapeutics in a Deal Worth Up to $1.5 Billion — Update
Roche said Tuesday that it entered into a definitive merger agreement to acquire Poseida Therapeutics for about $1 billion, or $9 a share, with additional performance-related payments worth up to ...
U.S. Futures Mostly Flat, European Stocks Edge Lower
In Europe, the Stoxx Europe 600 dropped 0.6% in morning trading. Melrose Industries added 8.5% and AAK AB climbed 3.5%. On the other hand, Avolta sank 6.6%, and Stellantis lost 4.9%. The FTSE 100 lost ...
Tit-for-Tat Trade War Would Be 'Lose-Lose Situation for Everyone', ECB's De Guindos Says
"When you impose tariffs, you need to be prepared for the other side to retaliate, which can start a vicious circle. Eventually, this could turn into a trade war, which would be extremely detrimental ...
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Fitch Ratings Says It May Cut Some Adani Group Bonds to Junk Status
Fitch Ratings may cut some Adani Group bond ratings to speculative territory after billionaire founder Gautam Adani was charged by the U.S. Justice Department in a bribery scheme. The U.S. rating ...
Orsted to Start Selling Stake in U.K. Wind Farm, Bloomberg Says, Citing Sources
Sea and Spotify saw the largest valuation bumps among US-listed stocks covered by Morningstar analysts.
Rumble to Invest Up to $20 Million in Bitcoin
Rumble will purchase up to $20 million worth of bitcoin in what the video-sharing platform and cloud-services provider called ...
Compass Group Pretax Profit Slips Despite Revenue Rise
Compass Group reported a fall in full-year pretax profit despite a rise in revenue. The U.K. catering contractor reported Tuesday a pretax profit of $2.06 billion for the year ended Sept. 30 compared ...
Warren Buffett Is Buying These 2 Stocks. You Probably Shouldn’t
Berkshire Hathaway recently bought shares of these companies, but we think these stocks are unattractive today.
Google Proposes Further Changes to Search Results in Europe
Alphabet's Google proposed further changes to the way its search results work in Europe to satisfy requests from competitors and regulators.
Roche to Acquire Poseida Therapeutics in a Deal Worth Up to $1.5 Billion
Roche said it will acquire biopharmaceutical company Poseida Therapeutics in a deal worth up to $1.5 billion. The pharmaceutical company said Tuesday that it has entered into a definitive merger ...