Tag: NYSE:ADM
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Apple Loses Market Share in China, GM Surges in Pre-Market Following Upward Revisions for 2024 Projections, and More News
Apple (NASDAQ:AAPL) – Smartphone shipments from Apple in China fell 19% in the first quarter due to competition from Huawei. Its market share decreased to 15.7%, nearly matching that of Huawei, which saw a 70% increase in sales. Apple now ranks third, behind Vivo and Honor. Additionally, FIFA is close to a deal with Apple…
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Paramount Global Board Shrinks, Morgan Stanley Faces Regulatory Probe, and More News
Paramount Global (NASDAQ:PARA) – Some investors in Paramount Global are concerned about a potential merger with Skydance Media and are calling for a fair approach. Skydance, known for hits such as “Top Gun: Maverick,” is in exclusive talks. Four board members of Paramount Global have announced they will resign amid reports of merger talks with…
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Intel Loses Pentagon Funding, Shell Plans 20% Business Team Reduction, and Latest News
Intel (NASDAQ:INTC) – The Pentagon has decided not to proceed with a plan to allocate up to $2.5 billion in chip subsidies to Intel, shifting the responsibility to another federal agency, the Department of Commerce, to cover the shortfall. This change could impact the total funding Intel expects to receive, generating controversy over the use…
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Global Markets Await U.S. Inflation Report: Mixed Movements in Pre-Market Trading
In the pre-market trading on Tuesday, U.S. index futures show mixed movements as investors wait for the inflation report that could indicate the direction of the Federal Reserve’s monetary policy. At 06:33 AM, Dow Jones futures (DOWI:DJI) fell 17 points, or 0.04%. S&P 500 futures advanced 0.24%, and Nasdaq-100 futures rose 0.43%. The yield on…
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Philips Shares Drop 6% as US Sales Halted Following Agreement on Faulty Sleep Apnea Devices, and latest news
Royal Philips NV (NYSE:PHG) – Royal Philips NV has suspended sales of sleep apnea devices and ventilators in the US after reaching an agreement with the US Food and Drug Administration due to quality issues. Philips has set aside 363 million euros in the fourth quarter to cover the costs of the agreement. The company…
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Wall Street Highlights: Sony Abandons Billion-Dollar Merger, SolarEdge Announces 16% Workforce Reduction, and More
In Monday’s pre-market, U.S. stock indices indicate a positive opening, reflecting investor optimism ahead of important economic reports to be released this week. Attention is focused on GDP data on Thursday and personal consumption expenditures prices on Friday, while the Wall Street earnings season promises to be bustling, with major technology companies about to release…
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Google $700M Antitrust Settlement, TSMC Chairman Retirement, Tesla Nevada Wage Hike, and More
U.S. index futures maintain stability in Tuesday’s pre-market, on a day with few scheduled economic events. As of 05:28 AM, the futures of the Dow Jones (DOWI:DJI) rose 17 points, or 0.05%. The futures of the S&P 500 rose 0.06% and the futures of the Nasdaq-100 rose 0.03%. The yield rate of 10-year Treasury bonds…
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Wednesday’s Wall Street Highlights: Qualcomm, Alphabet, Microsoft, GM, SunPower, and More
US index futures are mixed in Wednesday’s pre-market, influenced by the quarterly results of Microsoft and Alphabet, which set the stage for other major technology companies yet to report their results this week. At 06:51 AM, Dow Jones futures (DOWI:DJI) rose by 39 points, or 0.12%. S&P 500 futures fell by 0.35%, and Nasdaq-100 futures…
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Friday’s Wall Street Highlights: Amazon, Apple, Fortinet, Atlassian, DraftKings, and more
US index futures are higher on Friday, buoyed by quarterly results and anticipation of the US employment report. By 6:59 AM, Dow Jones (DOWI:DJI) futures were up 5 points, or 0.01%. S&P 500 futures were up 0.18%, while Nasdaq-100 futures were up 0.31%. The 10-year Treasury yield was at 4.186%. Retail sales in the euro zone had a…