Global S&P Futures lower in premarket
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- Wall Street futures fall as oil, Treasury yields rise on Iran tensions
- Oil prices fall after hitting over one-month high; traders weigh supply risks
- Dell again lifts annual forecasts as AI demand powers record results
- Could Apple’s foldable iPhone be a $14B opportunity? Morgan Stanley weighs in
- Uber stock gains 2% as tech giant cuts 3,300 jobs in major restructuring
- GoPro to merge with Starman Optical in $285M recapitalization deal
- GoPro (GPRO) Halted, News Pending
- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Gap taps Coach architect Reed Krakoff for $29.95-$498 handbag line
- S&P Global shares rise on report of possible CapIQ spinoff
Citi now expects first Federal Reserve interest rate cut in June
January 18, 2024 12:11 PM ESTCiti analyst Nathan Sheets said in a note Thursday that they now expect the Fed's first cut to occur in June, one month earlier than before.
Sheets, covering the global economic outlook and the firm's strategy, stated that Citi sees global growth this year slowing to a pace that is... More
Reddit planning to IPO in March - Reuters
January 18, 2024 8:17 AM ESTReddit plans to launch its initial public offering (IPO) in March, according to a report from Reuters on Thursday.
The long-awaited listing, which the company has been eyeing for three years, is expected to move forward after the company confidentially filed for its IPO in December 2021.
Reuters... More
