Sainsbury (J) plc ADR News
US Futures Gain, Taking S&P 500 to Fresh Record Highs, on Apple Earnings Beat
Global stocks kicked off the month with solid gains Wednesday, following another record close on Wall Street last night for the S&P 500, as investors extended the best start to any year in nearly a decade for U.S. stocks following a robust earnings report from tech giant Apple and ongoing bets for a dovish Federal Reserve rate decision.
Walmart Faces Challenge to UK Merger Plans as CMA Questions Asda-Sainsburys Deal
Walmart struggling U.K. subsidiary could be blocked from merging with a larger rival over concerns from the country's competition watchdog that the tie-up would lead to higher prices and a "poorer experience" for shoppers in Europe's second-largest market.
The Reality Is That Apple Continues to Be Awesome
The market is breathing a little easier after Apple's better-than-expected quarter. But it still must contend with a terrible quarter from Snap and what could be a disaster from Tesla on Wednesday evening.
Dow Declines as M&A Fails to Push Wall Street Higher
Stocks finished lower as Wall Street processes a mega-merger between Sprint and T-Mobile US and as Walmart says it will sell its supermarket business in the U.K.
Global Stocks Gain as 'Merger Monday' Descends on Wall Street
Global stocks kicked-off the week in a bullish mood Monday, with merger activity and a robust U.S. corporate earnings season helping boost markets in Europe and Asia and set up Wall Street for a positive start to the final trading day of the month.
Breaking News
Ford Makes a Major Change
The legacy automaker has just made a decision that will affect consumers buying its electric vehicles via a lease.
Tesla Q2 Deliveries Slump To 254,695 As Shanghai Shutdown, Supply Chain Snarls Take Toll
Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.
Summers, Others Cite Growing Chance of Recession
GDP shrank an annualized 1.6% in the first quarter, and some experts anticipate another drop in the second quarter.
Coinbase Faces A New Scandal
The platform denies selling proprietary customer data and announces it is expanding into several European countries.