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General Motors (GM) has been revving up its electric vehicle business. And Cathie Wood is taking notice. The innovation-focused, Tesla (TSLA)-loving Ark Invest CEO — a vocal critic of legacy automakers who predicted not long ago that GM will go bankrupt — is changing her tune on the Detroit-based car manufacturer as it commits to an electric future, Wood signaled in an interview with Yahoo Finance. She also revealed that her investment management firm recently met with General Motors CEO… Source link

U.S. stock futures opened higher Tuesday evening after a choppy day in markets, as investors digested another hot print on inflation and looked ahead to a busy day of earnings on Wednesday. Contracts on the S&P 500 were flat to slightly positive. The index closed lower for a third straight session during the regular trading day on Tuesday, and both the Dow Jones Industrial Average and Nasdaq Composite also declined. Investors on Wednesday are set to receive a number of quarterly reports from… Source link

U.S. stock futures jumped in pre-market trading Tuesday as investors assessed fresh inflation data out of Washington that showed prices in March further accelerated to a new 40-year high. Contracts on the S&P 500 popped 0.7%, and the Dow jumped nearly 130 points ahead of the open. Futures tied to the Nasdaq Composite surged 1.3%. Meanwhile, Treasury yields slightly retreated, but the benchmark 10-year yield remained above 2.7%, the highest level since January 2019. The moves follow a down day… Source link

U.S. stock futures traded slightly higher Tuesday evening as investors digested hawkish remarks from key monetary policymakers. These suggested that more members of the Federal Reserve were open to moving aggressively to raise interest rates and bring down demand and persistently elevated levels of inflation. Contracts on the S&P 500 edged up. The blue-chip index ended Tuesday’s session lower by 1.3%. The Nasdaq Composite dropped 2.3% its biggest decline in a month as technology stocks gave… Source link

Stock futures opened slightly lower Tuesday evening after rising during the regular trading day, as investors contemplated the potential for the Federal Reserve to take an even more aggressive approach to reining in inflation. Contracts on the S&P 500 edged lower. The index rose more than 1% during Tuesday’s regular session after sliding on Monday. Technology stocks outperformed, and the Nasdaq Composite rose by nearly 2%. U.S. stocks rose for a fifth time in six sessions on Tuesday as… Source link

Stock futures opened lower Tuesday evening following another volatile session on Wall Street. Concerns over the impact that the punitive measures countries and companies have taken against Russia have weighed on U.S. equity markets. The S&P 500 dropped another 0.7% on Tuesday to bring its year-to-date losses to 12.5%. The Dow shed more than 0.5% to sink further into a correction, while the Nasdaq Composite extended losses after sliding into a bear market earlier this week. President Joe… Source link

Google’s Jigsaw unit is releasing the code for an open source anti-harassment tool called Harassment Manager. The tool, intended for journalists and other public figures, employs Jigsaw’s Perspective API to let users sort through potentially abusive comments on social media platforms starting with Twitter. It’s debuting as source code for developers to build on, then being launched as a functional application for Thomson Reuters Foundation journalists in June. Harassment Manager can… Source link

FILE PHOTO: Facebook, Google and Twitter logos are seen in this combination photo from Reuters files. REUTERS/ Register now for FREE unlimited access to Reuters.com Register March 1 (Reuters) – Alphabet Inc’s (GOOGL.O) Google and Facebook owner Meta Platforms Inc (FB.O) are among internet companies facing possible punitive measures in Russia after failing to open local offices and take other measures required by a communications law. Russian legislation signed by President Vladimir Putin has… Source link

U.S. stock futures were muted in extended trading Monday after another volatile day on Wall Street as investors weighed intensifying Russian attacks on Ukraine and an onslaught of new sanctions by the West against the likelihood geopolitical uncertainty could knock the Federal Reserve off course for an aggressive first bump in interest rates. Contracts on Wall Street’s main benchmarks were flat heading into the overnight session after February’s final trading day marked the Dow and S&P 500’s… Source link

Stocks on Wall Street ended sharply higher on Friday to close out a week of trading, with the notching its biggest one-day gain since November 2020. The week ahead is expected to be another eventful one as investors monitor fresh geopolitical developments related to the Russia-Ukraine crisis. In addition, we’ll also hear congressional from Federal Reserve Chair Jerome Powell, as well as see important economic data, such as the latest U.S. and ISM surveys. Earnings from like Zoom Video… Source link