US Stock Reports, Quotes and News
Investing.com– U.S. stock index futures rose slightly in evening deals on Tuesday, as Wall Street appeared to be steadying after fears of higher-for-longer interest rates sparked a series of steep losses.
Investing.com– Most Asian stocks moved in a flat-to-low range on Wednesday amid waning expectations for U.S. interest rate cuts, while Chinese markets advanced amid some signs of economic recovery.
By Ellen Zhang and David Kirton
(Reuters) -Johnson & Johnson reported quarterly revenue below analysts\’ estimates as sales from its blockbuster psoriasis drug Stelara, which is expected to face competition from biosimilar versions in some markets later this year, fell short of expectations.
By Mehnaz Yasmin and Saeed Azhar
Salesforce (NYSE:CRM) CEO Marc Benioff is reportedly targeting Informatica (INFA) for what could be one of the company\’s largest acquisitions, reinforcing Salesforce\’s position in data integration and management.
Apple (NASDAQ:AAPL) has registered a nearly 10% decline in iPhone shipments in Q1 2024 as the broader smartphone market experienced a resurgence, according to market data from IDC.