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Why the bar is high for another market outperformance in 2025

-- The past two years have delivered stronger-than-expected economic growth and market performance, with both the US and euro area surpassing initial...

Amazon commits over $500 million to nuclear energy innovation

SEATTLE - Amazon (NASDAQ:AMZN) Inc. has announced a series of investments exceeding $500 million aimed at advancing nuclear energy technologies, including the development of Small...

Cloudflare, Tesla and Gap higher premarket; Stellantis lower after CEO departs

-- These are the biggest premarket movers on Monday, Dec 4. Cloudflare (NYSE:NET) shares rose 4% following a bullish upgrade from Morgan Stanley (NYSE:MS), which...

Uber launches boat hailing service on Kashmir's scenic Dal Lake

By Fayaz Bukhari SRINAGAR, India (Reuters) - Uber (NYSE:UBER) launched a water transport hailing service on scenic Dal Lake in India's Kashmir region on Monday, offering rides on...

MicroStrategy buys 15,400 bitcoins using share sale proceeds

On Monday, MicroStrategy Incorporated disclosed it has acquired about 15,400 bitcoins for roughly $1.5 billion in cash, averaging a purchase price of around $95,976 per bitcoin,...

Upwind secures $100M for cloud security expansion

SAN FRANCISCO - Upwind, a cloud security company, has secured $100 million in a Series A funding round to propel its global growth and innovation in the cloud security sector. The...

UBS on Apple's iPhone 16: AI interest 'remains muted'

-- UBS analysts are cautiously optimistic about Apple’s iPhone 16, highlighting mixed demand signals and limited enthusiasm for AI-related features, particularly...

BofA's indicator shows stock market sentiment unchanged post-election

-- Bank of America said its Sell Side Indicator (SSI), which gauges equity allocation recommendations by sell-side strategists, remained steady at 56.7% in...

Citi completes division of Mexico businesses into two entities

On Monday, Citi announced the completion of its strategic plan to separate its institutional banking business in Mexico from its consumer, small and middle market businesses. The...

Amazon to pilot AI-designed material for carbon removal

By Jeffrey Dastin (Reuters) - Amazon.com Inc (NASDAQ:AMZN) plans to pilot a new carbon-removal material for data centers, which are at risk of worsening emissions from artificial...

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