Reuters Logo

View in browser

Reuters Business

  Tweet       Share

Intuitive Machines rockets higher after landing spacecraft on moon

Shares of Intuitive Machines shot up 43% in premarket trading after the space exploration company became the first private firm to successfully land a spacecraft on the moon.

TSX futures muted after tech rally

Futures for Canada's main stock index were muted on Friday after hitting a 22-month high on a tech-fueled rally in the previous session, while weakness in commodity prices weighed on the index.

Payments fintech Block extends gains after strong earnings forecast

Shares of Jack Dorsey-led Block jumped 15% before the bell on Friday, extending gains from the previous session, as cost cuts helped the payments firm forecast first-quarter core earnings above Wall Street expectations.

Global equity funds see outflows amid inflation concerns

Investors reduced their holdings in global equity funds in the seven days up to Feb. 21 as unexpected robust inflation data tempered expectations for an imminent Federal Reserve rate cut.

Investors still flock to cash as stocks hit record highs

Investors poured cash into money market funds at the fastest pace on record in the first weeks of the year, and funnelled another $15 billion into equities in the week to Wednesday, Bank of America Global Research said on Friday.

Warner Bros Discovery loss bigger than expected as Hollywood strikes dry up content pipeline

Warner Bros Discovery reported a bigger-than-expected quarterly loss on Friday, as the media conglomerate battled the fallout of the twin Hollywood strikes on content generation and a weak advertising market.

Nvidia vaults to world's fourth-biggest company by market cap on AI optimism

Chipmaker Nvidia Corp has become the world's fourth largest company by market capitalisation, after a 16.4% surge on Thursday when a quarterly earnings report surpassed analysts' expectations.

Fallout from Mexican president's Pemex 'rescue' set to greet successor

Mexico's outgoing president has taken steps to promote a smooth hand-off for national oil company Pemex, three sources told Reuters, but the latest moves will likely postpone a day of reckoning for the world's most heavily-indebted oil company.

Russian assets in 'urgent' spotlight as Yellen heads to G20 meeting

U.S. officials continue to discuss with allies what to do with Russian assets immobilized after Moscow's invasion of Ukraine two years ago, a senior U.S. official said, as Treasury Secretary Janet Yellen heads to Brazil on Sunday to meet Group of 20 counterparts, some of whom continue to trade with Russia.

Morning Bid: Record world stocks leave bonds in gloom

A look at the day ahead in U.S. and global markets from Mike Dolan

Sponsors are not involved in the creation of newsletters or other Reuters news content.

Advertise in this newsletter or on Reuters.com

To manage which newsletters you’re subscribed to, click here.
Want to stop receiving this email? Unsubscribe here.
facebook        twitter        instagram        youtube

© 2024 Thomson Reuters. All rights reserved.

3 Times Square, New York, NY 10036

Privacy Policy    |   Terms and Conditions