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Dec 11, 2024
US bankers cautious on crypto despite expected regulatory easing
NEW YORK (Reuters) - U.S. bankers struck a cautious tone on cryptocurrencies at the Reuters NEXT conference in New York this week, despite expectations that friendlier rules under...
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Dec 11, 2024
Microsoft flags $0.8M writedown on stake in GM-backed Cruise
-- Microsoft Corporation (NASDAQ:MSFT) said Wednesday it would take a $800 million writedown in Q2 on its stake in General Motors-backed robotaxi firm Cruise just a...
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Dec 11, 2024
Big Oil eyes powering Big Tech's data center demand
By Shariq Khan and Shashwat Awasthi NEW YORK (Reuters) -Chevron Corp and Exxon Mobil (NYSE:XOM) are considering entering the electricity business, with the U.S. oil majors...
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Dec 11, 2024
Microsoft expects $800 million impairment charge in Q2 2025 over General Motors' Cruise exit
(Reuters) - Microsoft (NASDAQ:MSFT) expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over General Motors (NYSE:GM)' exit of...
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Dec 11, 2024
U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.22%
– U.S. stocks were mixed after the close on Wednesday, as gains in the Technology, Consumer Goods and Consumer Services sectors led shares higher while losses in the...
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Dec 11, 2024
Mexico stocks lower at close of trade; S&P/BMV IPC down 0.16%
– Mexico stocks were lower after the close on Wednesday, as losses in the Industrials, Consumer Goods & Services and Consumer Staples sectors led shares lower. At...
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Dec 11, 2024
Colombia stocks lower at close of trade; COLCAP down 0.04%
– Colombia stocks were lower after the close on Wednesday, as losses in the Financials, Investment and Public Services sectors led shares lower. At the close in...
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Dec 11, 2024
Canada stocks higher at close of trade; S&P/TSX Composite up 0.60%
– Canada stocks were higher after the close on Wednesday, as gains in the Materials, IT and Energy sectors led shares higher. At the close in Toronto, the S&P/TSX...
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Dec 11, 2024
Brazil stocks higher at close of trade; Bovespa up 1.01%
– Brazil stocks were higher after the close on Wednesday, as gains in the Real Estate, Public Utilities and Consumption sectors led shares higher. At the close in...
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Dec 11, 2024
Russia stocks lower at close of trade; MOEX Russia Index down 0.47%
– Russia stocks were lower after the close on Wednesday, as losses in the Telecoms, Power and Mining sectors led shares lower. At the close in Moscow, the MOEX...
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