Dow futures fall 150 points as stocks are set to fall for a second day

U.S. stock futures fell on Tuesday, pointing to a second day of losses for a stock market that had been climbing steadily to record after record. Dow Jones Industrial average futures fell 155 points, or 0.5%. S&P 500 futures lost 0.4%. Nasdaq 100 futures also shed 0.4%. Procter & Gamble shares dipped 1% in premarket […]

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Nvidia takeover of Arm faces UK government intervention

Nvidia CEO Jensen Huang wearing his usual leather jacket. Getty The U.K. government has issued a Public Interest Intervention Notice (PIIN) on Nvidia’s proposed $40 billion takeover of chip designer Arm on national security grounds. The notice was issued by Britain’s Digital Secretary Oliver Dowden on Monday. It’s not clear what the national security grounds […]

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Israeli general says stopping nuclear program will be tough

Iranian Supreme Leader Ayatollah Ali Khamanei speaks during a televised address in Tehran, Iran on March 21, 2021. Anadolu Agency | Anadolu Agency | Getty Images As Iran boosts uranium enrichment to 60%, a short jump to military grade at 90%, world powers are trying to coax the Islamic Republic to take a pause. Meetings […]

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Investors look for hints of inflation in earnings in the week ahead

Traders on the floor of the New York Stock Exchange. Source: CNBC Earnings will be the major focus for investors in the week ahead, as they home in on whether rising costs are squeezing margins and signaling a build in inflationary pressures. From Coca-Cola and IBM to Johnson & Johnson and Netflix, investors will hear […]

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Meme cryptocurrency’s rise sparks bubble fears

A visual representation of dogecoin and other cryptocurrencies. Yuriko Nakao | Getty Images Dogecoin started out as a joke. Now it’s a top-10 digital currency worth $34 billion. The cryptocurrency is based on the “Doge” meme, which rose to popularity in late 2013. The meme portrays a Shiba Inu dog alongside nonsensical phrases in multicolored, […]

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Biden administration sanctions Russia for cyberattacks, election interference

President Joe Biden (L) and President Vladimir Putin. Getty Images The Biden administration imposed a raft of new sanctions against Moscow on Thursday over alleged election interference and cyberattacks. “Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took sweeping action against 16 entities and 16 individuals who attempted to influence […]

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Bitcoin (BTC) and ether (ETH) prices rally ahead of Coinbase listing

The Coinbase logo shown on a smartphone. Chris Delmas | AFP via Getty Images LONDON — Bitcoin and other cryptocurrencies surged to new heights on Wednesday, with traders awaiting Coinbase’s highly anticipated stock market debut. The world’s most valuable digital coin rallied to an all-time high of $64,841 Wednesday morning, according to data from Coin […]

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S&P futures cut losses after tame inflation report, Nasdaq futures rise

U.S. stock futures gyrated on Tuesday after a March inflation report turned out not as bad as some traders feared but a halt to the rollout of Johnson & Johnson vaccines kept optimism in check. Futures tied to the Dow Jones Industrial Average were down 70 points. Meanwhile, those for the S&P 500 were off […]

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Stock futures slip after Dow, S&P 500 hit fresh records

Futures contracts tied to the major U.S. stock indexes ticked lower early Monday, suggesting Wall Street could see muted trading after reaching fresh records last week. Dow futures implied an opening loss of about 70 points, while contracts tied to the S&P 500 shed 0.2%. Nasdaq-100 futures lost 0.3%. Reopening plays fell slightly in early […]

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Didi Chuxing raising $1.5 billion in debt ahead of IPO: Reports

A logo of ride-hailing giant Didi Chuxing displayed on a building in Hangzhou in China’s eastern Zhejiang province. STR | AFP | Getty Images Chinese ride-hailing giant Didi Chuxing is said to be raising $1.5 billion in debt financing ahead of a blockbuster U.S. IPO, Bloomberg reported Friday, citing sources familiar with the matter. According […]

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