Tag: NYSE:SPOT
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CNOOC Oil Field Discovery in South China Sea, Grifols Surges 18% After KPMG Approval, and Latest News
CNOOC (NYSE:CEO) – The Chinese state-owned oil company CNOOC discovered a new reserve in the South China Sea, with over 100 million tons of oil equivalent, located in the Kaiping South field, Pearl River Delta. Substantial investment in offshore exploration catalyzes the increased production target for 2024, reflecting CNOOC’s commitment to expanding operations and securing…
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Futures Pointing To Initial Strength On Wall Street
The major U.S. index futures are currently pointing to a higher open on Wednesday, with stocks likely to add to the modest gains posted during yesterday’s choppy trading session. The markets may benefit from recent upward momentum, which helped lift the Dow and S&P 500 to record highs last week despite waning optimism about the…
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U.S. Index Futures Dip Ahead of Key Earnings Reports, Oil Prices Climb
In Wednesday’s pre-market, U.S. index futures show a negative trend, reflecting investor uncertainty as they await a new round of quarterly reports from renowned companies. At 5:49 AM, Dow Jones futures (DOWI:DJI) fell 38 points, or 0.10%. S&P 500 futures dropped 0.07%, and Nasdaq-100 futures were stable. The 10-year Treasury bond yield was at 4.121%.…
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US Index Futures Mixed, Oil Prices Edge Higher
U.S. index futures show a mixed behavior, reflecting the volatility brought about by a recent rise in Treasury yields and the growing market anxiety that the Federal Reserve might adopt a more cautious stance on interest rate cuts than initially anticipated by Wall Street. At 06:00 AM, Dow Jones futures (DOWI:DJI) fell 65 points, or…
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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: Nokia’s Margins Surprise, FAA Halts Boeing Production Expansion, and More
In the pre-market on Thursday, U.S. index futures are showing positive performance, with investors keeping an eye on the fourth-quarter GDP. At 05:45 AM, Dow Jones futures (DOWI:DJI) rose by 102 points, or 0.27%. S&P 500 futures increased by 0.07%, and Nasdaq-100 futures remained stable. The yield on 10-year Treasury bonds stood at 4.157%. In…
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Wall Street Highlights: Macy’s Announces Job Cuts, iRobot Shares Plummet Due to Planned Acquisition Block, and More
In the pre-market on Friday, U.S. index futures are rising, extending the increase seen the day before, when the government avoided a shutdown with funding through March. Today, investors await earnings from major financial institutions, as well as data on sales of existing homes and consumer sentiment. At 05:43 AM, the Dow Jones futures (DOWI:DJI)…
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Tesla Offers No Yearly Merit Bonuses, FedEx EPS Falls Short, Alibaba Leadership Shift, and More
U.S. index futures show a negative trend in pre-market trading this Wednesday, in contrast to the robust recovery observed in the major indices in 2023. At 05:02 AM, the Dow Jones futures (DOWI:DJI) fell 19 points, or 0.05%. The S&P 500 futures fell 0.15%, and the Nasdaq-100 futures declined 0.28%. The 10-year Treasury bond yield…
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Apple Stocks Reach Record, Adobe Faces Stock Drops, Berkshire Hathaway Increases Stake in OXY, and More
U.S. index futures are showing an increase in the pre-market on Thursday, following the Dow Jones closing at a historic high the day before due to indications from the Federal Reserve of several rate cuts in 2024. At 05:30 AM, the Dow Jones futures (DOWI:DJI) rose 85 points, or 0.23%. S&P 500 futures were up…
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Spotify To Cut About 17% Staff
Spotify Technology (NYSE:SPOT), a digital music, podcast, and video service provider, has announced its plans to reduce its workforce by approximately 17% as part of cost-cutting measures aimed at improving productivity and efficiency. This decision will impact approximately 1,500 employees, according to reports. In pre-market trading on the NYSE, Spotify shares were up by more…