US stocks climbed on Monday as Middle East war fears cooled and ahead of a pivotal week packed with Big Tech earnings, an inflation update, and a crucial monthly jobs report. The tech-heavy Nasdaq Composite (^IXIC) jumped roughly 0.6%, while the S&P 500 (^GSPC) rose 0.5%. The Dow Jones Industrial Average (^DJI) also moved up […]

A double quarter pounder with cheese and fries arranged at a McDonald’s restaurant in El Sobrante, California, US, on Wednesday, Oct. 23, 2024.  David Paul Morris | Bloomberg | Getty Images McDonald’s Quarter Pounder burgers will return to roughly 900 restaurants this week after the fast-food giant pulled the menu item linked to a deadly

US stocks climbed on Monday as Middle East war fears cooled, ahead of a pivotal week packed with Big Tech earnings, an inflation update, and a crucial monthly jobs report. The tech-heavy Nasdaq Composite (^IXIC) jumped roughly 0.7%, while the S&P 500 (^GSPC) rose 0.5%. The Dow Jones Industrial Average (^DJI) also moved up about

U.S. stock futures are higher as investors prepare for big tech earnings this week; McDonald’s (MCD) is bringing its Quarter Pounders back to more than 900 restaurants following an E. coli outbreak; Boeing (BA) announces a $19 billion capital raise amid a costly strike; U.S.-listed shares of Philips (PHG) are plunging as the Dutch conglomerate lowers its

(Bloomberg) — Boeing Co. launched a nearly $19 billion share sale, one of the largest ever by a public company, to address the troubled planemaker’s liquidity needs and stave off a potential credit rating downgrade to junk. Most Read from Bloomberg The company offered to sell 90 million common shares and about $5 billion of

Kristo Kaarmann, CEO and co-founder of Wise. Eoin Noonan | Sportsfile | Getty Images LONDON — Kristo Käärmann, the billionaire CEO of money transfer firm Wise, was slapped with a £350,000 ($454 million) fine by financial regulators in the U.K for failing to report an issue with his tax filings. Käärmann, who co-founded Wise in

(Reuters) – U.S. stock index futures surged on Monday, poised to recoup some losses from a turbulent trading week as investors prepared for key corporate earnings and the final phase before the Nov. 5 presidential election. Dow E-minis were up 203 points, or 0.48%, U.S. S&P 500 E-minis were up 35 points, or 0.60% and

By Michael Erman NEW YORK (Reuters) – Pfizer’s quarterly financial report on Tuesday comes at a critical moment for the U.S. drugmaker and its CEO, as activist hedge fund Starboard Value ramps up the pressure to demonstrate concrete results of a promised turnaround. Investors and analysts said they want to see improved profitability following the

Key Takeaways Amazon reports earnings after the market closes Thursday, with analysts expecting profits to fall from the prior quarter but rise from a year ago. Investors will likely be watching the tech giant’s margins amid concerns consumer weakness, growing labor costs, and higher spending on artificial intelligence could squeeze profits. Analysts have suggested Amazon’s

A delegate arrives at the King Abdulaziz Conference Centre in Saudi Arabia’s capital Riyadh to attend the Future Investment Initiative (FII) forum. Fayez Nureldine | Afp | Getty Images Thousands of financiers, founders and investors are set to descend on the Saudi capital of Riyadh for the eighth edition of the kingdom’s Future Investment Initiative,