Tag: technology

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US Stock Futures Edge Higher After S&P 500 Sets Fresh Record

US stock futures inch up after S&P 500 hits fresh record in late rally. Futures attached to the S&P 500 (ES=F) and Dow Jones (YM=F) inched up .01%, while Nasdaq (NQ=F) futures moved up 0.2%.

Ackman to Buy 10 Million Shares of Howard Hughes for $90 Each

Billionaire investor Bill Ackman's Pershing Square submits revised bid to purchase 10 million shares of Howard Hughes Holdings at $90 each.

Who's Running DOGE? Not Elon Musk, White House Claims in Court

Elon Musk is not in charge of DOGE, a Trump administration official claims, despite previous statements and public evidence suggesting otherwise.

OPEC+ Production Delay, Russian Flows Uncertainty Support Oil Prices

Oil prices remain elevated amid speculation about the delay of OPEC+ production increases and uncertainties surrounding Russian oil flows.

Japan Exports Rise Before Trump Tariffs Kick In

Japan's exports increased by 7.2% in January, influenced by increased demand before the implementation of protectionist policies by the US. Exports to the US grew by 8.1%, while those to China declined by 6.2%. The trade deficit reached ¥2.76 trillion, primarily due to rising imports. Japan faces uncertainty amid global trade concerns, with potential impacts from US tariffs on automobiles and other products.

Intel Stock Soars 16% on Deal Rumors with Broadcom and TSMC

Intel stock soars 16% on report of potential Broadcom, TSMC deals. Analysts favor splitting Intel's business into two, with one company focused on product design and the other on manufacturing.

Markets React to Progress in Russia-Ukraine Peace Talks

Markets are responding positively to President Trump's reported conversation with Vladimir Putin about ending the war in Ukraine. Russian stocks, the ruble, and US stocks have all risen on the news. Betting markets also show increased optimism that a cease-fire could soon be reached.

Bill Ackman's Pershing Square to Buy 48% of Howard Hughes Holdings for $900 Million

Billionaire investor Bill Ackman's Pershing Square makes a revised bid to buy Howard Hughes Holdings (HHH), aiming to acquire 48% of the company and transform it into a diversified holding company, similar to Berkshire Hathaway.

Trump Aims to Rein In Independent Agencies With Executive Order

President Trump signs executive order seeking to increase White House oversight of independent federal agencies such as the SEC, FTC, and FCC.

Adeia Reports Q4 Profit Surge, Revenue Tops Estimates

Adeia Inc. reports Q4 profit of $36 million with EPS of 32 cents, beating earnings estimates. Revenue came in at $119.2 million.