Asia markets are mostly higher on Friday following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports. U.S. futures and oil prices rose. Japan's core inflation rate,
SAN FRANCISCO ― OpenAI, the maker of ChatGPT, is seeking to raise $40 billion in a fresh round of funding that would value the startup at a staggering $340 billion, the Wall Street Journal Reported on Thursday.
The S&P 500 fell 1.9% Monday. Big Tech stocks took some of the heaviest losses, with Nvidia down 17.6%, and they dragged the Nasdaq composite down 3.3%.
NEW YORK (AP) — U.S. stocks are drifting around a record on Friday as they head for the close of a second straight winning week.
On the winning side of Wall Street were Novo Nordisk’s U.S.-listed shares, which jumped 8.6%. The Danish company reported results from a clinical trial of a treatment for people who are overweight or obese, which could mean bigger profits in the future.
Oil prices were under pressure this week, but the looming threat of U.S. tariffs on Canada and Mexico could send them spiking next week.
Wall Street pointed higher early Friday as more strong earnings results trickled in along with a closely-watched report from the U.S. government showing that inflation ticked higher. Futures for the S&P 500 rose 0.
World markets mostly rose on Friday following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports. European markets opened higher after the European Central Bank cut its key interest rate to by a quarter-point to 2.
Stock Market Updates: Benchmark equity indices opened on a positive note on Friday. The BSE Sensex started at 76,889, gaining 129.08 points or 0.17% from its previous close of 76,759.81. Similarly, the NSE Nifty50 opened 47.25 points or 0.20% higher at 23,296.75, compared to its prior close of 23,249.50.
Underlying inflation in Japan is still slightly below the central bank’s target of 2%, Bank of Japan Gov. Kazuo Ueda said, underlining that it is in no hurry to raise interest rates.
Asia-Pacific markets rise on Friday, tracked a rise in U.S. equities, as investors digested the latest batch of corporate earnings results. On Thursday, Trump reiterated plans to impose a