© Reuters. The experienced an impressive rally on Thursday, recording a surge of over 300 points, the highest one-day increase in more than five weeks. The index reached nearly 34,907 points, marking a 1% rise. This substantial gain is chiefly attributed to the strength of the U.S. consumer sector, as…

© Reuters. In a significant development on Thursday, AT&T (NYSE:)’s shares saw a 2.9% increase after CFO Pascal Desroches addressed an investor conference, providing reassurances about the company’s financial health and its management of a lead-contamination situation. Desroches projected a free cash flow for the third quarter between $4.5 billion…

© Reuters In a recent turn of events, DoorDash, a leading food-delivery firm, has announced its plans to move its stock listing from the New York Stock Exchange (NYSE) to the Nasdaq Stock Market. This change is slated to take place on September 27, 2023, with the company retaining its…

© Reuters. FILE PHOTO: A logo is pictured at Google’s European Engineering Center in Zurich, Switzerland July 19, 2018 REUTERS/Arnd Wiegmann/File Photo/File Photo (Reuters) – Alphabet (NASDAQ:)’s Google has given a small group of companies access to an early version of Gemini, its conversational artificial intelligence software, The Information reported…

© Reuters. Wells Fargo & Company (NYSE:) is actively seeking ways to streamline its operations and cut costs, with a focus on reducing its real estate holdings and staff numbers, according to an announcement made on Thursday. The bank’s Chief Financial Officer, Mike Santomassimo, is leading the initiative. Since the…

© Reuters. Cars are shown lined up at the valet parking area outside the Creative Artists Agency building in Los Angeles, California, September 24, 2012. REUTERS/Jonathan Alcorn/File Photo (Reuters) -Creative Artists Agency’s (CAA) top staff are in line to pocket more than $200 million as part of the Hollywood talent…

© Reuters. FILE PHOTO: A ground worker walking near a Qantas plane is seen from the international terminal at Sydney Airport in Australia, November 29, 2021. REUTERS/Loren Elliott/File photo By Roushni Nair and Rishav Chatterjee (Reuters) – Australia’s competition regulator on Friday said it planned to end a long-surviving partnership…

© Reuters. South Korean shares opened higher on Friday, bolstered by anticipation that the Federal Reserve will hold its key interest rate steady next week. This expectation was fueled by recent U.S. economic data, including retail sales and producer prices, which led to a rally across all three U.S. stock…

© Reuters. Tech giants Oracle Corp (NYSE:) and Microsoft Corp (NASDAQ:) announced on Thursday, the launch of Oracle Database@Azure, a service that provides customers with direct access to Oracle database services on Oracle Cloud Infrastructure (OCI), deployed within Microsoft Azure datacenters. Earlier this week, Microsoft had hinted at a significant…

4/4 © Reuters. FILE PHOTO: “UAW on strike” picket signs lay on a pile of wood outside the General Motors Detroit-Hamtramck Assembly in Hamtramck, Michigan, U.S. October 25, 2019. REUTERS/Rebecca Cook/File Photo 2/4 By David Shepardson (Reuters) -A first-ever simultaneous strike at the Detroit Three carmakers by the United Auto…