Harsh reality of ‘higher-for-longer’ rates looms over US stocks
NEW YORK, Sept 27 (Reuters) - As the Federal Reserve’s hawkish stance boosts Treasury yields and slams stocks, some investors...
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No let up for rivals as Aldi UK steps up investment
A shopper walks inside an ALDI supermarket near Altrincham, Britain, February 20, 2023. REUTERS/Phil Noble/File Photo Acquire Licensing RightsTo invest...
SoftBank’s Arm soars nearly 25% in market debut to $65 billion valuation
Sept 14 (Reuters) - Shares in SoftBank's Arm Holdings (ARM.O) soared almost 25% above their Nasdaq debut price on Thursday, rekindling investor hopes for a turnaround in the moribund market for initial public offerings (IPO).The stock, which had opened at $56.10, notched a 24.68% gain to close at $63.59, giving the British chip designer a valuation of $65 billion in its return to public markets following a seven-year absence. The IPO had priced at $51.Arm's strong performance suggests that investor demand for initial public offerings, which had been hit hard...
S&P 500, Nasdaq gain, Treasury yields dip as data firms Fed pause bets
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 11, 2023....
Analysis: Investors call ‘peak pessimism’ for beaten-up UK stocks
Investors see improvements for UK consumer economyInflation has claimed retail scalps, but easingUK stocks still hobbled by weak interest at...
SoftBank’s Arm aims for over $52 bln valuation in biggest US IPO of the year
Sept 5 (Reuters) - SoftBank Group's (9984.T) Arm is seeking a valuation of more than $52 billion in its initial public offering, the chip designer said on Tuesday as it begins marketing for the biggest U.S. stock market flotation of the year.SoftBank is offering 95.5 million American depository shares of the United Kingdom-based company for $47 to $51 apiece and is looking to raise up to $4.87 billion at the top of the range, Arm said in a regulatory filing.The valuation that Arm is chasing now represents a climb-down from...
TSX up for fifth day, pot stocks lift healthcare
The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada...
Wall Street stocks down after Fed minutes, bank shares extend losses
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 19, 2023....
Morning Bid: Stock markets tense as China gloom builds
The German share price index DAX graph is pictured at the Frankfurt stock exchange after risks have climbed to multi-month...
Wall St shares fall on slowing but strong US labor market
Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar/File PhotoU.S. shares slip but global markets rally on U.S. jobs dataAmazon shares surge 8% on strong earnings; Apple falls nearly 5%U.S. Treasury yields and the dollar declineOil gains 1% plusAug 4 (Reuters) - Wall Street stocks fell on Friday, while the U.S. dollar and Treasury yields were lower, after a government jobs report showed a slowing but still tight U.S. labor market.Nonfarm...