Category: Top Story
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Exxon Shares Slip After Trump Says Company Is Being “Too Cute” on Venezuela
Shares in Exxon Mobil (NYSE:XOM) edged lower after U.S. President Donald Trump suggested the oil giant could be excluded from Venezuela’s energy sector, criticizing its stance on a potential return to the country. “I didn’t like Exxon’s response. You know we have so many that want it. I’d probably be inclined to keep Exxon out,”…
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Eli Lilly Reportedly Prepares €15bn Bid for French Biotech Abivax
Eli Lilly (NYSE:LLY) is said to be working on a potential €15 billion offer to acquire French biotechnology company Abivax (NASDAQ:ABVX), according to a report published on Monday by La Lettre. The U.S. pharmaceutical group has not yet formally approached Abivax’s board, but remains interested in the transaction, the report said. Before launching an official…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Fresh Pressure on Fed’s Powell, Iran Unrest in Spotlight as Markets Turn Cautious
U.S. equity futures were pointing lower at the start of a busy week for markets, with attention centred on renewed political scrutiny of Federal Reserve Chair Jerome Powell and escalating unrest in Iran. Powell moved into focus late Sunday after suggesting that a U.S. Department of Justice investigation into a Federal Reserve renovation project was…
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Dow, S&P 500 Reach New Record Closing Highs Following Jobs Data
Stocks showed a lack of direction early in the session on Friday but moved mostly higher over the course of the trading day. The major averages all climbed firmly into positive territory, with the Dow and the S&P 500 reaching new record closing highs. The major averages ended the day off their highs of the…
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Meta Lines Up Nuclear Power Deals to Support Expanding AI Infrastructure
Meta Platforms (NASDAQ:META) on Friday outlined a series of nuclear energy agreements as it moves to secure long-term power supplies to support the rapid expansion of its data centers and artificial intelligence operations. Central to the announcement is a 20-year agreement with Vistra, which will give Meta access to a total of 2.6 gigawatts of…
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Dow Jones, S&P, Nasdaq, Futures, Wall Street Set for Higher Open as Investors Welcome Jobs Report
U.S. stock index futures are indicating a stronger start to Friday’s session, with equities poised to move higher after two straight days of mixed closes. Sentiment has been lifted by the release of the Labor Department’s closely followed December employment report, which appears to have been taken positively by markets. Although job growth came in…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Markets Brace for Jobs Report and Possible Supreme Court Tariff Decision
US equity futures were largely unchanged as investors positioned cautiously ahead of key monthly employment data and a potential Supreme Court ruling on the White House’s far-reaching import tariffs. Attention is also on Washington, where President Donald Trump is expected to meet oil industry leaders amid renewed focus on Venezuela’s energy assets, while mining heavyweights…
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U.S. Stocks Close Mixed For Second Consecutive Session
After ending yesterday’s lackluster session on opposite sides of the unchanged line, the major U.S. stock indexes turned in another mixed performance during trading on Thursday. While the Dow moved back to the upside after Wednesday’s pullback, the tech-heavy Nasdaq closed lower for the first time in four sessions. The Dow climbed 270.03 points or…
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Google rolls out new Gemini-powered AI tools to enhance Gmail
Google (NASDAQ:GOOG) said on Thursday that it is introducing a new wave of Gemini AI features in Gmail aimed at making inbox management faster and more intuitive. The update adds AI Overviews, which automatically condense long email threads into short summaries highlighting the most important details. Users can also pose natural-language questions about their inbox—such…
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Dow Jones, S&P, Nasdaq, Wall Street futures signal a modestly weaker start
U.S. stock index futures are pointing to a slightly lower open on Thursday, suggesting equities may come under pressure after a mixed finish in the previous session. The softer tone follows comments from President Donald Trump calling for a sharp increase in U.S. military spending to $1.5 trillion by 2027. “This will allow us to…