A rally in the shares of Microsoft Corp. has the software giant’s market value set to close above $2 trillion for the first time in nearly six months amid a rebound in technology stocks.
Turkey’s financial watchdog is warning banks about using their record-breaking profits to reward shareholders with big payouts.
Boeing Co. is set to score a 15-strong order for 737 Max jets from Greater Bay Airlines Co., a person familiar with the matter said, a win for the US company over rival Airbus SE, which had also been vying to supply planes that will be the backbone of the Hong Kong carrier’s operations.
Turkey’s stock exchange suspended trading for the first time in 24 years following a selloff that erased billions of dollars from the value of its main equities gauge in the wake of two devastating earthquakes.
Microsoft Corp.’s $69 billion acquisition of Activision Blizzard Inc. will harm competition in the UK gaming market, Britain’s antitrust watchdog provisionally warned, saying it could force the selloff of the blockbuster Call of Duty franchise.
This year’s surge in technology stocks has been especially pronounced in the riskiest corners of the market, suggesting to some skeptics the potential for a swift reversal.
President Joe Biden went off-script during an otherwise climate-friendly State of the Union speech Tuesday night to acknowledge an uncomfortable reality for the White House: “We’re still going to need oil and gas for a while.”
Uber Technologies Inc. reported revenue that beat analysts’ estimates, suggesting rising inflation hasn’t kept consumers from ordering more takeout or hailing a ride. The shares rose about 6.5%.
Startup Companies, along with NASA and SpaceX, want to build businesses on the moon— but first they need to get there
General Motors Co. is competing for a stake in Brazilian mining giant Vale SA’s base metals unit, people familiar with the matter said, underscoring automakers’ desire for easy access to the materials needed for electric vehicle batteries.
