jumps

Dow jumps almost 750 points as stocks end higher, bond yields fall after reports Fed may shift to smaller rate hikes after November

Dow jumps almost 750 points as stocks end higher, bond yields fall after reports Fed may shift to smaller rate hikes after November

US stocks closed sharply higher Friday as investors weighed a story from the Wall Street Journal and comments from Federal Reserve officials suggesting that the central bank might shift to smaller interest-rate rises after its November meeting. Investors were also coping with intraday volatility in stocks as around $2 trillion in notional value of options …

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Globally critical chip firm ASML jumps 6% after earnings;  sees limited impact from US China curbs

Globally critical chip firm ASML jumps 6% after earnings; sees limited impact from US China curbs

Dutch firm ASML makes one of the most important pieces of machinery required to manufacture the most advanced chips in the world. US chip curbs have left companies, including ASML, scrambling to figure out what the rules mean in practice. Emmanuel Dunand | AFP | Getty Images Shares of ASMLone of the world’s most important …

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Netflix snaps streak of subscriber declines and beats on earnings, stock jumps 15%

Netflix snaps streak of subscriber declines and beats on earnings, stock jumps 15%

Netflix Inc. added more than 2 million subscribers in the third quarter after stumbling into 2022 with two consecutive quarterly declines, a rebound that sent shares more than 15% higher in after-hours trading Tuesday. Netflix NFLX, -1.73% reported a net gain of 2.41 million subscribers in the third quarter, while analysts on average were forecasting …

Netflix snaps streak of subscriber declines and beats on earnings, stock jumps 15% Read More »

Tomorrow's Top 25 Today: Clemson jumps Michigan as Tennessee, UCLA surges in new college football rankings

Tomorrow’s Top 25 Today: Clemson jumps Michigan as Tennessee, UCLA surges in new college football rankings

The new college football rankings are going to look different after Week 6 as more than a handful of teams from the AP Top 25 took losses, leaving voters with several interesting debates for their updated ballots. Although No. 1 Alabama was battling all the way to the final seconds against Texas A&M and No. …

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Wall St staggers to higher close as Fed rate hike looms

Nasdaq jumps as easing Treasury yields lift growth stocks; Twitter surges

Twitter jumps on news Musk to resume buyout at $54.20/share Rivian jumps on reaffirming FY deliveries view; lifts peers US job openings post biggest drop in 2.5 years in August Indexes up: Dow 2.42%, S&P 2.63%, Nasdaq 2.92% Oct 4 (Reuters) – The Nasdaq led Wall Street higher on Tuesday, powered by megacap growth and …

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Sterling crumbles to record low, dollar soars on UK fiscal angst

Pound jumps on UK tax cut reversal, oil swings higher

TOKYO, Oct 3 (Reuters) – Oil jumped on Monday as OPEC+ considered reducing output at its meeting later this week while the pound swung higher after the UK government said it would reverse a controversial tax cut that had roiled British markets. Asian stocks mostly fell in holiday-thinned trade although Japanese markets found support on …

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Ripple Scores Decisive Win in SEC Lawsuit

XRP Price Jumps 10% After Ripple Scores Decisive Win in SEC Lawsuit

Ripple Labs scores a big win as Judge Torres orders the SEC to hand over documents from a 2018 speech made by then-SEC Director of the SEC’S Corporate Finance Division, William Hinman. This ruling comes after a long battle that could decide the fate of many cryptocurrencies. Following an earlier court ruling by Judge Sarah …

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Roblox jumps into online advertising as revenue growth slows

Roblox jumps into online advertising as revenue growth slows

Roblox has built a userbase of over 52 million people by providing a gaming and entertainment platform that’s mostly targeted at kids. Now the company wants advertisers to join the party. As part of its annual developer conference on Friday, Roblox is announcing plans to debut ads next year, marking the company’s first significant effort …

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