US employers added far more jobs than expected in January, delivering a rare upside surprise after months of subdued hiring and easing fears that the labor market was sliding into a prolonged slowdown.Payrolls rose by…
Category:
Investing
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US equities moved higher on Wednesday after a stronger-than-expected January jobs report eased concerns about slowing economic momentum and reinforced confidence in the resilience of the labour market.The Dow Jones Industrial Average rose 207 points,…
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Reddit stock (NYSE: RDDT) is once again drawing attention on Wall Street.After spending much of last year under a cloud of doubt over growth and monetisation, the social platform is seeing sentiment turn.This time, the…
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Agibank, the second Brazilian fintech to access US capital markets in recent weeks, announced on Wednesday that it had raised $240 million in its New York IPO.In contrast to the most recent marketing range of…
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Unity Software (NYSE: U) cratered another 30% in premarket today after the game software firm came in ahead of Q4 estimates but disappointed investors with a tepid current quarter guidance.In its earnings release, the company…
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US stock index futures were little changed on Tuesday morning after the Dow Jones Industrial Average set another all-time high in the previous session, as investors balanced recent market momentum against a busy week of…
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Coca-Cola shares fell on Tuesday after the beverage giant reported quarterly revenue growth that came in below analysts’ expectations, overshadowing a modest earnings beat and early signs of stabilising demand in key markets.The company reported…
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CVS Health delivered a stronger-than-expected fourth quarter, beating Wall Street estimates on both earnings and revenue as the company presses ahead with a multi-year turnaround. The results underline a period of stabilisation after a challenging…
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US stocks moved higher on Tuesday, with the Dow Jones Industrial Average setting another all-time high, as investors digested weaker-than-expected retail sales data and looked ahead to key labor market and inflation reports later in…
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Spotify Technology (NYSE: SPOT) is pushing meaningfully higher in premarket on Tuesday after the audio streaming giant posted a blockbuster Q4 and issued surprisingly positive outlook for the current quarter.While the massive headline beat and…