23 February

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Wall Street Opens Sharply Lower on Inflation Fears Ahead of Powell Testimony By Investing.com

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By Geoffrey Smith Investing.com -- U.S. stock markets opened sharply lower, led again by losses in technology stocks, as fear of a potential end to the Federal Reserve's policy of easy money prompted profit-taking in some of the country's most expensively-valued stocks. By 9:40 AM ET (1440 GMT), the Nasdaq Composite, which more than doubled from its post-pandemic low before the recent sell-off...

23 February

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Tesla Stumbles as Bitcoin Gives Back Gains By Investing.com

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By Liz Moyer Investing.com -- Tesla Inc (NASDAQ:TSLA) fell as much as 10% on Tuesday morning, continuing its Monday decline after questions about its growth prospects with rival automakers entering the electric vehicle market. The shares recovered some of their losses, and were trading down 7.8% just after 10:00 AM ET. Tesla shares are up 250% over the last year but have retreated...

23 February

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UK-Japan trade deal settled nerves for Japanese firms, Honda executive says By Reuters

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LONDON (Reuters) - Britain's trade deal with Japan settled the nerves of a lot of Japanese businesses in the United Kingdom and gives them confidence about their future prospects there, a senior Honda executive said on Tuesday. Japan, the world's third-largest economy, has since the 1980s made the United Kingdom its favoured European destination for investment, with the likes of Nissan,...

23 February

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Thomson Reuters reports higher fourth-quarter revenue By Reuters

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NEW YORK (Reuters) - Thomson Reuters Corp reported higher fourth-quarter revenue on Tuesday and said it would start a two-year program that will change it from a holding company to an operating company. The news and information company said revenues rose 2% to $1.62 billion. ...

23 February

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Nasdaq Futures Down 185 Pts; Powell to Tackle Inflation Scareify By Investing.com

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By Peter Nurse Investing.com - U.S. stocks are seen opening lower Tuesday, with the high-growth tech sector set to be hit hard as rising bond yields force a rethink of the models underlying some stretched valuations. At 7:05 AM ET (1205 GMT), the Dow Futures contract was flat, while S&P 500 Futures traded 15 points, or 0.4%, lower and Nasdaq 100 Futures dropped...

23 February

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Britain, EU edge forward with financial services forum plan By Reuters

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By Huw Jones LONDON (Reuters) - Plans by Britain and the European Union to set up a new financial cooperation forum by the end of March have made some progress but this will not automatically lead to market access, senior officials said on Tuesday. Britain's trade deal with the EU that came into effect when it left the single market on Dec....

23 February

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UK PM Johnson says optimistic about fully reopening in June By Reuters

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LONDON (Reuters) - British Prime Minister Boris Johnson said on Tuesday that he was very optimistic that all COVID-19 restrictions in England would end on June 21, and added that the government would hold a review into the use of vaccine certificates. Johnson unveiled a map out of lockdown for England on Monday that would keep some businesses shuttered until the summer,...

23 February

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Tesla shares set to skid into the red for the year By Reuters

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LONDON (Reuters) - Shares in Tesla were set to plunge into the red for the year on Tuesday, hit by a broad selloff of high-flying technology stocks and the fall of bitcoin, in which the electric carmaker recently invested $1.5 billion. By 1029 GMT, Tesla was down over 8% in U.S. premarket deals after a similar drop during the previous session. The...

23 February

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Home Depot Earnings, Revenue beat in Q4 By Investing.com

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Home Depot (NYSE:HD) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. Home Depot announced earnings per share of $2.65 on revenue of $32.26B. Analysts polled by Investing.com anticipated EPS of $2.61 on revenue of $30.54B. Home Depot shares are up 3% from the beginning of the year and are trading...

23 February

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Churchill Capital slides 40% as deal for Lucid Motors confirmed By Investing.com

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By Samuel Indyk Investing.com – Lucid Motors has finally agreed to go public in a deal worth $24bln with blank cheque company Churchill Capital IV Corp (NYSE:CCIV). Lucid Motors, which is majority owned by Saudi Arabia’s sovereign wealth fund, is still yet to deliver a car, however, they forecast deliveries of around 20,000 vehicles next year, generating sales of $2.2bln. Churchill...

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Wall Street Opens Sharply Lower on Inflation Fears Ahead of Powell Testimony By Investing.com

Tesla Stumbles as Bitcoin Gives Back Gains By Investing.com

UK-Japan trade deal settled nerves for Japanese firms, Honda executive says By Reuters

Thomson Reuters reports higher fourth-quarter revenue By Reuters

Nasdaq Futures Down 185 Pts; Powell to Tackle Inflation Scareify By Investing.com

Britain, EU edge forward with financial services forum plan By Reuters

UK PM Johnson says optimistic about fully reopening in June By Reuters

Tesla shares set to skid into the red for the year By Reuters

Home Depot Earnings, Revenue beat in Q4 By Investing.com

Churchill Capital slides 40% as deal for Lucid Motors confirmed By Investing.com

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