Israel will begin negotiations on next phase of Gaza ceasefire this week, minister says – Reuters
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Stock futures moved higher as investors watched corporate updates ahead of a holiday-shortened trading week; Intel (INTC) shares advanced after a report that Broadcom (AVGO) and Taiwan Semiconductor Manufacturing Co. (TSM) are separately weighing plans to take over parts of the struggling chipmaker; Walmart’s (WMT) report is due later this week as S&P 500 companies
KEY TAKEAWAYS Shares of Southwest Airlines rose in premarket trading Tuesday after the carrier said it plans to cut 15% of its corporate workforce, eliminating about 1,750 jobs in the first large layoffs in its history. The cuts are slated to be mainly completed by the end of the second quarter. Southwest shares have lost
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Here are five key things investors need to know to start the trading day: 1. Short stuff Stock futures were slightly higher Tuesday to start a shortened trading week. Exchanges were closed Monday for the Presidents Day holiday. The major averages are coming off a winning week and are within reach of record highs. The
The shares of Intel Corporation INTC are trading 5.38% higher in Tuesday’s pre-market amid reports of a deal with Broadcom Corporation AVGO and Taiwan Semiconductor Manufacturing Co. TSM. What Happened: The Wall Street Journal reported on Saturday that Broadcom and Taiwan Semiconductor Manufacturing are contemplating bids for portions of the struggling chipmaker. The report states that
USD/JPY rebounded today, tracking USD’s modest bounce after back-to-back session of declines. USD/JPY was last at 151.87 levels, Danske Bank’s FX analyst Mohamad Al-Saraf reports. Consolidation likely in the interim “Daily momentum is flat while RSI rose slightly. Consolidation likely in the interim. Resistance at 152.70 (200 DMA), 153.50/85 levels (21, 100 DMAs) and 154.30
Key points: Aussie holds ground after RBA cuts rates as expected Dollar rises but near two-month lows amid tariff worries Euro, sterling edge down as focus on Ukraine peace talks Yen on back foot after recent rise on BOJ hike wagers The dollar firmed on Tuesday as traders weighed tariff worries, geopolitical uncertainties and the
Depending on how you read it, New Zealand’s latest tourism tagline can be a well-meaning plea for people to visit – or a threat to kick Kiwis out. “Everyone Must Go!” reads a slogan printed across posters of people in New Zealand’s majestic landscapes – part of a NZ$500,000 ($285,000; £227,000) campaign unveiled on Sunday.
Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] SEOUL, South Korea (AP) — North Korea on Tuesday criticized the United States and Asian neighbors for pursuing the “absurd” goal of denuclearizing the North and said it will push to expand its nuclear forces under the direction of its authoritarian leader Kim Jong Un. The statement