Explore

ReutersReuters
Macquarie, reporting record first-half profit, says AI market shake-out can be positive

Macquarie, reporting record first-half profit, says AI market shake-out can be positive

By Scott Murdoch and Sameer Manekar SYDNEY, Nov 6 (Reuters) - Australian investment bank Macquarie Group posted record first-half profit on Friday and incoming CEO Greg Ward continued to strike a positive note, saying that volatility among global AI and tech stocks can be positive.
ReutersReuters
Macquarie logs best first-half profit on commodity and trading surge

Macquarie logs best first-half profit on commodity and trading surge

Nov 6 (Reuters) - Macquarie Group reported its highest-ever first-half profit on Friday, driven by a surge in income from its commodities and trading division.
ReutersReuters
Macquarie CEO Wikramanayake bows out with best first-half profit on commodity surge

Macquarie CEO Wikramanayake bows out with best first-half profit on commodity surge

Nov 6 (Reuters) - Macquarie Group reported its highest-ever first-half profit on Friday, driven by a surge in income from its commodities and trading division, marking a blockbuster swansong for CEO Shemara Wikramanayake after eight years at the helm.
ReutersReuters
Australia's Qantas lifts first-half fuel cost forecast, sees prices staying high

Australia's Qantas lifts first-half fuel cost forecast, sees prices staying high

SYDNEY, Nov 6 (Reuters) - Australia's Qantas Airways raised its first-half fuel cost forecast by 4% on Friday and said it expected prices to remain elevated for the rest of the financial year.
TrendlineTrendline
Reserve Bank of Australia's Fifth Rate Hike in 2026 Increases Mortgage Payments by $600 Monthly

Reserve Bank of Australia's Fifth Rate Hike in 2026 Increases Mortgage Payments by $600 Monthly

Reserve Bank of Australia's Fifth Rate Hike in 2026 Increases Mortgage Payments by $600 Monthly
ReutersReuters
ConocoPhillips boosts dividend after beating estimates on higher oil prices

ConocoPhillips boosts dividend after beating estimates on higher oil prices

By Pooja Menon and Sheila Dang Nov 5 (Reuters) - ConocoPhillips lifted its quarterly dividend after beating Wall Street estimates for third-quarter adjusted profit on Thursday, helped by stronger crude prices and cost-cutting measures that offset a decline in output.
ReutersReuters
Carlyle's third-quarter profit beats estimates on pick-up in asset sales

Carlyle's third-quarter profit beats estimates on pick-up in asset sales

By Arasu Kannagi Basil Nov 5 (Reuters) - Carlyle Group exceeded third-quarter profit expectations on Thursday as the asset manager monetized more private equity investments and returned cash to ​investors.
ReutersReuters
Nasdaq pares losses as chips recover, rate-hike fears linger

Nasdaq pares losses as chips recover, rate-hike fears linger

By Shashwat Chauhan and Utkarsh Hathi Nov 6 (Reuters) - The tech-heavy Nasdaq rose on Friday as chip stocks bounced off heavy losses posted in the previous session on fears that a Democratic-led Congress could result in tougher AI regulation, even as the jobs report raised interest-rate hike
ReutersReuters
Nasdaq rebounds as chip stocks recover from steep losses

Nasdaq rebounds as chip stocks recover from steep losses

By Shashwat Chauhan and Utkarsh Hathi Nov 6 (Reuters) - The tech-heavy Nasdaq rose on Friday as chip stocks bounced off heavy losses posted in the previous session on fears that a Democrats-led Congress could result in tougher AI regulation, even as the jobs report raised interest-rate hike concerns
ReutersReuters
Nasdaq rebounds but posts fourth straight weekly decline

Nasdaq rebounds but posts fourth straight weekly decline

By Colin Barr and Shashwat Chauhan Nov 6 (Reuters) - Technology stocks bounced back on Friday from their worst drubbing in more than a year, but the Nasdaq Composite Index posted a fourth consecutive weekly decline as investors sifted for clues about what comes next in the AI trade.
ReutersReuters
Trading Day: A November 5 market bonfire

Trading Day: A November 5 market bonfire

By Jamie McGeever ORLANDO, Florida, Nov 5 (Reuters) - US stocks plunged on Thursday, led by a ferocious selloff in tech and AI-related stocks as investors reassessed implications for the AI data center buildout from the Democrats' sweeping wins in this week's midterm elections.
ReutersReuters
AI storm dooms tech stocks to $2 trillion decline on darkest day since 2025

AI storm dooms tech stocks to $2 trillion decline on darkest day since 2025

By Niket Nishant and Caroline Valetkevitch Nov 5 (Reuters) - Big tech stocks slumped on Thursday in their biggest decline since the "Liberation Day" rout last year, extending what has been a punishing autumn for the AI trade.