By Sheila Dang (Reuters) – Short-form video took center stage at tech and social media companies’ annual presentations to advertisers,…
Apple shares jump as record buyback and upbeat forecast lure investors
By Aditya Soni (Reuters) -Apple shares jumped 7% on Friday as the iPhone maker’s record stock buyback plan and promise…
Amgen jumps after teasing weight-loss drug data, rival stocks fall
By Manas Mishra and Christy Santhosh (Reuters) -Amgen shares headed for their best session since 2009 on Friday after the…
Cboe posts higher profit as market volatility boosts options trading
By Pritam Biswas and Laura Matthews (Reuters) -Cboe Global Markets reported a rise in first-quarter profit on Friday, as strong…
Global equity funds attract robust weekly inflows, led by Asia
(Reuters) – Global equity funds experienced renewed interest from investors in the seven days through May 1, buoyed by a…
Analysis-Heavy oil shortage spells higher cost for shippers, road builders
By Robert Harvey and Arathy Somasekhar LONDON/HOUSTON (Reuters) – Mexican export cuts and a rerouting of Canadian output are shrinking…
Xi’s trip to Europe may lay bare West’s divisions over China strategy
By Laurie Chen and Michel Rose BEIJING/PARIS (Reuters) -Chinese President Xi Jinping heads to Europe for the first time in…
Shell smashes forecasts with $7.7 billion quarterly profit
By Ron Bousso LONDON (Reuters) -Shell reported first-quarter profit of $7.7 billion on Thursday, exceeding expectations as disruption to Red…
Qualcomm jumps as AI sparks rebound in Chinese smartphone market
(Reuters) – Qualcomm shares climbed about 10% to a more than two-year high on Thursday after the smartphone-focused chipmaker signaled…
Fed’s Powell says looming US election will not sway rate decisions
By David Lawder and Michael S. Derby NEW YORK (Reuters) -The looming U.S. presidential election will not influence the Federal…