Wall St posts big gains, helped by tech as Treasury yields calm

Wall St posts big gains, helped by tech as Treasury yields calm

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. REUTERS/Brendan McDermid Acquire Licensing Rights Tech sector jumps, helped by Microsoft, Nvidia Investors looking ahead to CPI next week Illumina falls on annual profit forecast cut Nov 10 (Reuters) – Wall Street’s main indexes ended … Read more

Meta unveils AI assistant, Facebook-streaming glasses

Meta unveils AI assistant, Facebook-streaming glasses

[1/9]A guest attends a presentation of the updated virtual reality headset during the Meta Connect event at the company’s headquarters in Menlo Park, California, U.S., September 27, 2023. REUTERS/Carlos Barria Acquire Licensing Rights MENLO PARK, California, Sept 27 (Reuters) – Meta Platforms (META.O) Chief Executive Mark Zuckerberg on Wednesday rolled out new AI products for … Read more

Wall St Week Ahead Historically stormy month of September may test US stock rally

Wall St Week Ahead Historically stormy month of September may test US stock rally

The Wall Street entrance to the New York Stock Exchange (NYSE) is seen in New York City, U.S., November 15, 2022. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights NEW YORK, Aug 25 (Reuters) – U.S. stock investors are bracing for a potentially volatile September as the market faces key economic data reports, a Federal Reserve meeting … Read more

Illumina cuts annual profit forecast as biotech funding woes linger

Illumina cuts annual profit forecast as biotech funding woes linger

The offices of gene sequencing company Illumina Inc are shown in San Diego, California January 11, 2016. REUTERS/Mike Blake/File Photo Aug 9 (Reuters) – Illumina Inc (ILMN.O) cut annual profit forecast, in a sign that a funding crunch among its biotech and pharmaceutical clients is expected to weigh on sales for its genetic testing tools … Read more

Quest Diagnostics launches Alzheimer’s blood test for consumers

Quest Diagnostics launches Alzheimer’s blood test for consumers

CHICAGO, July 31 (Reuters) – Quest Diagnostics (DGX.N) on Monday launched the first direct-to-consumer blood test to detect abnormal levels of beta amyloid, a key Alzheimer’s disease protein that can appear years before dementia symptoms arise. The $399 test, called AD-Detect, uses the same technology as a blood test the company began selling for use … Read more

Analysis: Stock sale frenzy foretells US IPO market comeback

Analysis: Stock sale frenzy foretells US IPO market comeback

Signage for TXO Energy Partners is seen at the New York Stock Exchange (NYSE) to celebrate their IPO in New York City, U.S., January 27, 2023. REUTERS/Andrew Kelly Acquire Licensing Rights NEW YORK, June 21 (Reuters) – A flurry of stock sales by companies points to a likely wave of initial public offerings launching come … Read more