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Berita Valas
Reddit Stock Climbs On OpenAI Deal
Shares of Reddit Inc. were gaining around 14 percent in the pre-market activity on the New York Stock Exchange after the social media company announced a deal with artificial intelligence or AI startup OpenAI, the developer of highly popular generative AI chatbot ChatGPT. The deal will bring Reddit's content to ChatGPT and its products. OpenAI will also become a Reddit advertising partner.
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494 days ago
European Shares Extend Losses On Rate Worries, Mixed China Data
European stocks extended declines on Friday after having snapped a nine-day winning streak the previous day.
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494 days ago
FTSE 100 Drifts Lower As Chancellor Jeremy Hunt Promises Tax Cuts
U.K. stocks traded lower on Friday as chancellor Jeremy Hunt delivers a speech on the state of the economy ahead of the general election.
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495 days ago
CAC 40 Declines On Weak Earnings
French stocks declined on Friday, with uncertainty over the timing of U.S rate cuts, mixed data from China and disappointing earnings updates keeping investors nervous.
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495 days ago
DAX Slips Into Red Ahead Of Eurozone Inflation Data
German stocks fell on Friday while the dollar climbed after comments from three top Federal Reserve officials suggested that U.S. interest rates are likely to stay higher for longer.
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495 days ago
Asian Shares Mixed As Rate Worries Weigh
Asian stocks ended mixed on Friday as China stimulus hopes offset interest-rate worries and mixed data from China.
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495 days ago
Electrolux Reannounces Recall Of Frigidaire, Kenmore Electric Ranges
Consumer electronics major Electrolux Group has reannounced its previous recall of Frigidaire and Kenmore electric ranges following multiple reports of fires and injuries. The recall involves about 203,000 units of Frigidaire and Kenmore Smooth-top Freestanding Electric Ranges, which were previously recalled in August 2009.
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495 days ago
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Malaysia GDP Growth Rebounds More Than Estimated
Malaysia's economy logged a stronger-than-estimated rebound in the first quarter on household spending and investment, the second estimate from the Department of Statistics showed on Friday. Gross domestic product grew by a revised 4.2 percent on a yearly basis in the first quarter, the fastest expansion since the first quarter of 2023.
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495 days ago
European Economic News Preview: Eurozone Final Inflation Data Due
Final inflation data from the euro area is the top economic news due on Friday, headlining a light day for the European economic news. At 2.30 am ET, Switzerland's Federal Statistical Office publishes quarterly industrial production data for the first quarter.
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495 days ago
European Shares Set To Drift Lower After Hawkish Fed Comments
European shares are seen opening on a sluggish note Friday after comments from three Federal Reserve officials suggested that U.S. interest rates are likely to stay higher for longer.
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495 days ago
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
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495 days ago
Sensex, Nifty Tad Lower In Early Trade; Mahindra & Mahindra Shares Rally 7%
Indian shares opened a tad lower on Friday after three Federal Reserve officials argued in favor of keeping borrowing costs high until there's more evidence of easing inflation.
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495 days ago
Asian Markets Track Global Markets Lower
Asian stock markets are trading mostly lower on Friday, following the broadly negative cues from global markets overnight, as traders seemingly pausing to assess the near-term outlook for the markets and indulged in taking out some profit from the market following recent gains after the recent rally. Asian markets ended mostly higher on Thursday.
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495 days ago
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