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Wall St ends higher, Cisco Systems jumps after forecast

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Investors still assessing Wednesday's Fed minutes * Kohl's slashes 2022 forecasts * Indexes: Dow up 0.1%, S&P 500 up 0.2%, Nasdaq up 0.2% (Updates close with volume, prices, other details) By Caroline Valetkevitch NEW YORK, Aug 18 (Reuters) - U.S.
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Wall St ends higher, Cisco Systems jumps after forecast

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Investors still assessing Wednesday's Fed minutes * Kohl's slashes 2022 forecasts (Updates to close) By Caroline Valetkevitch NEW YORK, Aug 18 (Reuters) - The S&P 500 and Nasdaq ended higher Thursday as an upbeat sales forecast from Cisco Systems helped to lift the technology sector, while data showed the economy remained relatively strong.
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S&P 500, Nasdaq edge up late; Cisco Systems jumps after forecast

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Investors still assessing Wednesday's Fed minutes * Kohl's slashes 2022 forecasts * Indexes: Dow down 0.2%, S&P 500 up 0.2%, Nasdaq up 0.3% By Caroline Valetkevitch NEW YORK, Aug 18 (Reuters) - The S&P 500 and Nasdaq were up slightly in afternoon trading Thursday as Cisco Systems shares jumped on an upbeat sales forecast, but trading was choppy as investors assessed the outlook for interest r
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SoftBank steps up asset sales from sinking portfolio

By Sam Nussey TOKYO, Aug 9 (Reuters) - SoftBank Group Corp 9984.T is accelerating asset sales after its flagship Vision Fund unit booked nearly $50 billion in losses in just six months, but Chief Executive Masayoshi Son faces narrowing options and slumping valuations, analysts said. Son said on Monday that he is in discussions to sell asset manager Fortress, without commenting on a valuation.
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SoftBank steps up asset sales from sinking portfolio

By Sam Nussey TOKYO, Aug 9 (Reuters) - SoftBank Group Corp 9984.T is accelerating asset sales after its flagship Vision Fund unit booked nearly $50 billion in losses in just six months, but Chief Executive Masayoshi Son faces narrowing options and slumping valuations, analysts said. Son said on Monday that he is in discussions to sell asset manager Fortress, without commenting on a valuation.
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S.Korean shares dip as dismal U.S. earnings stoke slowdown fears

* KOSPI falls, foreigners net sellers * Korean won weakens against U.S. dollar * South Korea benchmark bond yield falls SEOUL, Aug 9 (Reuters) - Round-up of South Korean financial markets: ** South Korean shares fell on Tuesday after revenue warning from U.S. chipmaker Nvidia Corp sparked concerns about tepid demand and outlook for economic growth.
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Wall Street muted on mixed inflation messages

(Updates to afternoon U.S. trading) * U.S. stocks inch down following Friday sell-off * Treasury yields decline * Oil rises 1.5%, off multi-month lows By Lawrence Delevingne Aug 8 (Reuters) - U.S. stocks were mostly flat on Monday, the dollar weakened and U.S. government bond yields fell as investors weighed mixed messages on inflation and how aggressive the Federal Reserve will be in combating it.
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SoftBank's Son says Nasdaq listing most likely for chip designer Arm

By Sam Nussey TOKYO, June 24 (Reuters) - SoftBank Group Corp's 9984.T founder and Chief Executive Masayoshi Son on Friday reiterated the Japanese conglomerate was most likely to list British-based chip designer unit Arm on Nasdaq, while stressing no decision has been made. "Most of Arm's clients are based in Silicon Valley and ... stock markets in the U.S.
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UK PM Johnson's spokesman: Not aware of plans to force ARM into London IPO

LONDON, June 22 (Reuters) - British Prime Minister Boris Johnson's spokesman on Wednesday said he was not aware of any plans to try to compel chip designer ARM to list in London after the Financial Times reported that officials were considering such a move. Asked whether the government would use new national security powers to try and force ARM, which is owned by Japan's SoftBank, to list in London, the spokesman said: "I'm not aware of any plans to." ARM, whose technology underpins the global s
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UK PM Johnson's spokesman: not aware of plans to make ARM pursue London IPO

LONDON, June 22 (Reuters) - British Prime Minister Boris Johnson's spokesman on Wednesday said he was not aware of any plans to try to make chip designer ARM list in London after the Financial Times reported that officials were considering such a move. Asked whether the government would use new national security powers to try and force ARM, which i
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Wall Street ends sharply higher, led by Tesla and Nvidia

* Microsoft trims forecast due to FX impact * ADP May private sector jobs +128,000 vs est +300,000 (Updates with end of session) By Noel Randewich and Anisha Sircar June 2 (Reuters) - Wall Street ended sharply higher on Thursday, led by Tesla, Nvidia and other megacap growth stocks in a choppy session ahead of a key jobs report due on Friday. Tesla TSLA.O , Nvidia NVDA.O and Meta Platforms FB.O each rose sharply, fueling gains in the S&P 500 and Nasdaq.
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Wall Street rallies, lifted by Tesla and Nvidia

* Microsoft trims forecast due to FX impact * ADP May private sector jobs +128,000 vs est +300,000 * S&P 500 +1.36%, Nasdaq +2.38%, Dow +0.79% (Updates with afternoon trading) By Anisha Sircar and Noel Randewich June 2 (Reuters) - Wall Street rallied on Thursday, led by Tesla, Nvidia and other megacap growth stocks in a choppy session ahead of a key jobs report due on Friday.
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Global firms warn of sluggish China demand due to lengthy COVID curbs

By Josh Ye and Jane Lanhee Lee May 26 (Reuters) - Two months into harsh COVID-19 lockdowns that have choked global supply chains, China's economy is staggering back to its feet, but businesses from retailers to chipmakers are warning of slow sales as consumers in the country slam the brakes on spending. Car sales in the world's largest auto market have slowed dramatically, gamers are buying fewer consoles, and people are unwilling to replace their existing smartphones, laptops and TVs, as prolon
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Wall Street ends mixed after punishing week

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * Ross Stores plunges after cutting 2022 forecast * S&P 500 +0.01%, Nasdaq -0.30%, Dow +0.03% (Updates with details at end of session) By Noel Randewich and Amruta Khandekar May 20 (Reuters) - Wall Street ended mixed on Friday after a volatile session that saw Tesla slump and other growth stocks also lose ground.
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Wall Street ends mixed, Tesla falls

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * Ross Stores plunges after cutting 2022 forecast (Updates with details at end of session) By Amruta Khandekar and Noel Randewich May 20 (Reuters) - Wall Street ended mixed on Friday after a volatile session that saw Tesla slump and other growth stocks also lose ground.
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Computer chip giant ASML places big bets on a tiny future

(In paragraph 10, corrects Hutcheson's affiliation. VLSI was acquired by TechInsights in 2021.) By Toby Sterling VELDHOVEN, Netherlands, May 20 (Reuters) - ASML ASML.AS , a semiconductor industry and stock market giant, has to think smaller. Or maybe bigger. It is building machines the size of double-decker buses, weighing over 200 tonnes, in its quest to produce beams of focused light that create the microscopic circuitry on computer chips used in everything from phones and laptops to cars and
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S&P 500 ends lower as Cisco and Apple sink

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Cisco tumbles on full-year growth forecast cut * Canada Goose jumps after upbeat profit outlook (Updates with details at end of session) By Devik Jain and Noel Randewich May 19 (Reuters) - The S&P 500 ended lower after a volatile session on Thursday, with Cisco Systems slumping after giving a dismal outlook, while investors fretted about inflation and rising interest rates.
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Wall Street mixed as Cisco sinks and Nvidia recovers

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Cisco tumbles on full-year growth forecast cut * Canada Goose jumps after upbeat profit outlook * Indexes: S&P 500 -0.17%, Nasdaq +0.38%, Dow -0.47% By Devik Jain and Noel Randewich May 19 (Reuters) - Wall Street was mixed on Thursday, with Cisco Systems slumping following a dismal outlook, while Nvidia and other megacap growth stocks rebounded after recent losses.
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Tech leads rebound in world stocks despite surging yields

By Medha Singh March 23 (Reuters) - Battered technology and growth shares have shrugged off rising bond yields to drive a rebound in world stocks as some investors view them as a hedge to inflation against the backdrop of supply-chain snarls and an intensifying war in Ukraine. The NYSE FANG+TM index .NYFANG , which includes the five core FAANG stocks - Meta Platforms FB.O , Apple AAPL.O , Amazon.com AMZN.O , Netflix NFLX.O and Alphabet GOOGL.O - posted their best six-day performance on Tuesday,
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British Business - March 15

March 15 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times Four Russia-focused companies have been removed from the FTSE indices after brokers shunned dealing in them because of the invasion of Ukraine. Link Rio Tinto RIO.L has made a $2.7 billion offer to take majority ownership of its giant copper mining project in Mongolia.
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