Wall Street

• Netflix beats subscriber targets, but revenue falls short of forecast

  Netflix said it will stop reporting subscriber additions each quarter starting with the first quarter of 2025 and instead will announce them only when major milestones are reached.

  Consumer

  Apr 18
  
• NYCB secures US$1B investment as U.S. regional bank faced financial pressure

  Hudson Bay Capital, Reverence Capital Partners, Citadel Securities, other institutional investors and certain members of the bank's management also participated.

  Consumer

  Mar 6
  
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• Microsoft beats Q2 estimates with help from AI features

  Investors are watching Microsoft's Azure and Office revenues closely to see what sales flow from the money the company plans to pour into data centers to deliver generative AI.

  Consumer

  Jan 30
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• Google parent Alphabet’s holiday ad sales disappoint, shares drop

  Alphabet has faced tough competition for ad budgets from other online platforms such as Facebook, Instagram, TikTok and Amazon.com, alongside mixed economic signals in the U.S.

  Consumer

  Jan 30
• Wall Street sees record high following inflation scars

  Through many cycles in history, the Federal Reserve has helped induce recessions through such increases to interest rates and there was expectation last year it may happen again.

  Consumer

  Jan 19
• The U.S. credit rating has been downgraded again. What does that mean?

  Fitch Ratings cited Washington's rising debt burden and political difficulties in addressing spending and tax policies as the key reasons for reducing its rating from AAA to AA+.

  U.S. News

  Aug 2, 2023
• Global stock markets waver to start 2023 after a year of losses

  Coming off a year of big declines for major stock markets, traders worry central banks might be willing to push the world into recession to cool inflation.

  Money

  Jan 3, 2023
• Stocks fall as COVID-19 lockdown protests in China spread

  Stocks fell in afternoon trading on Wall Street Monday as protests spread in China calling for President Xi Jinping to step down amid growing anger over COVID-19 restrictions.

  Economy

  Nov 28, 2022
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• Wall Street closes sharply higher, marking 1st weekly winning streak since August

  The S&P 500 rose 2.5% Friday and marked its first back-to-back weekly gain since August.

  Money

  Oct 28, 2022
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• Apple profits exceed Wall Street targets but iPhone sales not as strong

  Apple Inc AAPL.O on Thursday reported revenue and profit that topped Wall Street targets, although iPhone sales were not as strong.

  Tech

  Oct 27, 2022