[ { "content": "Johnson & Johnson shares gained 0.20% after posting results that beat expectations but cut its full-year outlook, citing a stronger dollar. [nL4N2Z028U]", "annotations": [ { "end": 17, "tag": "Positive", "value": "Johnson & Johnson", "start": 0, "label": "Positive" } ] }, { "content": "On the positive side, Siemens is rallying 6% after a boom in quarterly orders and packaging maker Huhtamaki is also up by 6% after profit beat expectations. ", "annotations": [ { "end": 107, "tag": "Positive", "value": "Huhtamaki", "start": 98, "label": "Positive" }, { "end": 29, "tag": "Positive", "value": "Siemens", "start": 22, "label": "Positive" } ] }, { "content": "Brent crude rose 1.4% to $100.69 per barrel and U.S. crude was also up by 1.4% to $100.61 a barrel.", "annotations": [ { "end": 11, "tag": "Positive", "value": "Brent crude", "start": 0, "label": "Positive" }, { "end": 66, "tag": "Positive", "value": "U.S. crude", "start": 56, "label": "Positive" } ] }, { "content": "Nearly all major S&P 500 sectors are red, with materials <.SPLRCM> and communications services <.SPLRCL> taking the biggest hits. Staples <.SPLRCS> and healthcare <.SPXHC> are posting small gains.", "annotations": [ { "end": 162, "tag": "Positive", "value": "healthcare", "start": 152, "label": "Positive" }, { "end": 94, "tag": "Negative", "value": "communications services", "start": 71, "label": "Negative" }, { "end": 24, "tag": "Negative", "value": "S&P 500", "start": 17, "label": "Negative" }, { "end": 137, "tag": "Positive", "value": "Staples", "start": 130, "label": "Positive" }, { "end": 56, "tag": "Negative", "value": "materials", "start": 47, "label": "Negative" } ] }, { "content": "NEW YORK - Wall Street ended sharply higher on Thursday, led by Tesla, Nvidia and other megacap growth stocks in a choppy session ahead of a key jobs report due on Friday.", "annotations": [ { "end": 69, "tag": "Positive", "value": "Tesla", "start": 64, "label": "Positive" }, { "end": 77, "tag": "Positive", "value": "Nvidia", "start": 71, "label": "Positive" } ] }, { "content": "Levi Strauss & Co gained 2% after its quarterly results beat Wall Street estimates, helped by price increases and strong demand for its jeans, tops and jackets. [nL3N2W431E] (Reporting by Bansari Mayur Kamdar and Praveen Paramasivam in Bengaluru; Editing by Sriraj Kalluvila) ((BansariMayur.Kamdar@thomsonreuters.com;))", "annotations": [ { "end": 17, "tag": "Positive", "value": "Levi Strauss & Co", "start": 0, "label": "Positive" } ] }, { "content": "However, top oilfield services company Schlumberger on Wednesday said North American oil and gas activity was growing at a faster pace than expected, as investments rates soar. [nL1N30E14E]", "annotations": [ { "end": 51, "tag": "Positive", "value": "Schlumberger", "start": 39, "label": "Positive" } ] }, { "content": " JPMorgan Chase & Co , Morgan Stanley , Citigroup Inc and Wells Fargo & Co's showed a slide in net income after turbulent markets choked off investment banking activity and lenders set aside more rainy-day funds to cover losses from borrowers who fall behind on payments. ", "annotations": [ { "end": 69, "tag": "Negative", "value": "Citigroup Inc", "start": 56, "label": "Negative" }, { "end": 98, "tag": "Negative", "value": "Wells Fargo & Co's", "start": 80, "label": "Negative" }, { "end": 47, "tag": "Negative", "value": "Morgan Stanley", "start": 33, "label": "Negative" }, { "end": 23, "tag": "Negative", "value": "JPMorgan Chase & Co", "start": 4, "label": "Negative" } ] }, { "content": "Helped in part by higher prices, McDonald's Corp on Tuesday reported better-than-expected profit even as expenses soared. It said it was also considering whether to add more discounted menu items as higher inflation, particularly in Europe, forces some consumers to buy fewer big combination meals. [nL4N2Z72FQ]", "annotations": [ { "end": 48, "tag": "Positive", "value": "McDonald's Corp", "start": 33, "label": "Positive" } ] }, { "content": "Shell CEO Ben Van Beurden has said the energy industry \"should be prepared and accept\" that it will face higher taxes to help struggling parts of society. Shell earned more than $9 billion in the third quarter, putting it on track to surpass its record annual profit of $31 billion set in 2008. ", "annotations": [ { "end": 160, "tag": "Positive", "value": "Shell", "start": 155, "label": "Positive" }, { "end": 5, "tag": "Neutral", "value": "Shell", "start": 0, "label": "Neutral" } ] }, { "content": "It would also double RWE's renewables portfolio in the United States to more than 7 gigawatts in operating assets, and boost its project pipeline there to more than 24 GW in onshore wind, solar and batteries.", "annotations": [ { "end": 24, "tag": "Positive", "value": "RWE", "start": 21, "label": "Positive" } ] }, { "content": "Zantac became the world\ufffd\ufffds best selling medicine in 1988 and one of the first-ever drugs to top $1 billion in annual sales. ", "annotations": [ { "end": 6, "tag": "Positive", "value": "Zantac", "start": 0, "label": "Positive" } ] }, { "content": "\"Porsche was and is the pearl in the Volkswagen Group,\" said Chris-Oliver Schickentanz, chief investment officer at fund manager Capitell. \"The IPO has now made it very, very transparent what value the market brings to Porsche.\"", "annotations": [ { "end": 137, "tag": "Neutral", "value": "Capitell", "start": 129, "label": "Neutral" }, { "end": 226, "tag": "Positive", "value": "Porsche", "start": 219, "label": "Positive" }, { "end": 8, "tag": "Positive", "value": "Porsche", "start": 1, "label": "Positive" }, { "end": 53, "tag": "Neutral", "value": "Volkswagen Group", "start": 37, "label": "Neutral" } ] }, { "content": "Wall Street's main indexes gapped to the upside at Tuesday's open as strong earnings from Goldman Sachs and Johnson & Johnson lifted hopes that upbeat corporate reports could soothe market worries about a potential recession due to rising inflation and interest rates. [.N]", "annotations": [ { "end": 132, "tag": "Positive", "value": "Johnson & Johnson", "start": 115, "label": "Positive" }, { "end": 103, "tag": "Positive", "value": "Goldman Sachs", "start": 90, "label": "Positive" } ] }, { "content": "But sentiment, as indicated by the average recommended allocation to stocks by sell-side strategists, rose 89 basis points to 54.1% in August, the first improvement in sentiment in 10 months, BofA said in a note on Wednesday. ", "annotations": [ { "end": 196, "tag": "Neutral", "value": "BofA", "start": 192, "label": "Neutral" } ] }, { "content": "Macy's Inc rose 3.8% after the retailer beat quarterly profit estimates, while Palo Alto Networks Inc surged about 12% after the cybersecurity firm posted upbeat quarterly results and announced a stock split plan. [nL4N2ZZ2A4] [nL4N2ZZ1XM]", "annotations": [ { "end": 10, "tag": "Positive", "value": "Macy's Inc", "start": 0, "label": "Positive" }, { "end": 107, "tag": "Positive", "value": "Palo Alto Networks Inc", "start": 85, "label": "Positive" } ] }, { "content": "As the market grew into the world's largest, local studios increasingly invested in developing better-quality games. The trend accelerated with regulatory restrictions on new games and limits on the number of imports, and benefited from the return of engineers who had worked at top-tier studios such as Ubisoft Entertainment SA and Activision Blizzard Inc .", "annotations": [ { "end": 366, "tag": "Neutral", "value": "Activision Blizzard Inc", "start": 343, "label": "Neutral" }, { "end": 328, "tag": "Neutral", "value": "Ubisoft Entertainment SA", "start": 304, "label": "Neutral" } ] }, { "content": "The biggest riser is Natwest , with shares moving 3% higher after the British government extended a trading plan to help sell down the taxpayer's stake in the bank by a year [nL8N2Y919A]. ", "annotations": [ { "end": 28, "tag": "Positive", "value": "Natwest", "start": 21, "label": "Positive" } ] }, { "content": "Indonesia is keen to develop electric vehicles and batteries industries at home and had stopped exports of nickel ore to ensure supply for investors. The move had successfully attracted investments from Chinese steel giants and South Korean companies like LG and Hyundai.", "annotations": [ { "end": 270, "tag": "Neutral", "value": "Hyundai", "start": 263, "label": "Neutral" }, { "end": 258, "tag": "Neutral", "value": "LG", "start": 256, "label": "Neutral" } ] }, { "content": "* European nations must accelerate vaccine uptake and bring back mask wearing to tackle a surge in COVID-19 cases driven by an Omicron offshoot and avoid stricter measures later in the year, a senior World Health Organization official said on Tuesday. [nL1N2Z00O3]", "annotations": [ { "end": 225, "tag": "Neutral", "value": "World Health Organization", "start": 200, "label": "Neutral" } ] }, { "content": "Both Devon and Diamondback sweetened the pot for investors by announcing higher returns, with Devon raising its quarterly dividend to $1.55 from $1.27 and Diamondback hiking share repurchases by $2 billion to $4 billion.", "annotations": [ { "end": 26, "tag": "Positive", "value": "Diamondback", "start": 15, "label": "Positive" }, { "end": 99, "tag": "Positive", "value": "Devon", "start": 94, "label": "Positive" }, { "end": 166, "tag": "Positive", "value": "Diamondback", "start": 155, "label": "Positive" }, { "end": 10, "tag": "Positive", "value": "Devon", "start": 5, "label": "Positive" } ] }, { "content": "Ocado dropped 4.6% after the British online supermarket and technology group said it would boost its liquidity by over $1 billion to fund its growth. [nL8N2Y7481]", "annotations": [ { "end": 5, "tag": "Negative", "value": "Ocado", "start": 0, "label": "Negative" } ] }, { "content": "About 1,000 shop assistants who work at Zara and other fashion brands owned by Inditex went on strike in the retailer's home town in northern Spain to demand better salaries.", "annotations": [ { "end": 86, "tag": "Negative", "value": "Inditex", "start": 79, "label": "Negative" }, { "end": 44, "tag": "Negative", "value": "Zara", "start": 40, "label": "Negative" } ] }, { "content": "Alison Rose, chief executive of Coutts' parent company NatWest, shared her condolences in a post on LinkedIn, adding that she had been personally inspired by King Charles' \"genuine passion for the environment\". ", "annotations": [ { "end": 108, "tag": "Neutral", "value": "LinkedIn", "start": 100, "label": "Neutral" }, { "end": 62, "tag": "Neutral", "value": "NatWest", "start": 55, "label": "Neutral" }, { "end": 38, "tag": "Neutral", "value": "Coutts", "start": 32, "label": "Neutral" } ] }, { "content": "Goldman Sachs Group Inc gained after reporting a smaller-than-expected drop in quarterly profit as a boost in net interest income cushioned the blow from a slowdown in investment banking.", "annotations": [ { "end": 23, "tag": "Positive", "value": "Goldman Sachs Group Inc", "start": 0, "label": "Positive" } ] }, { "content": "Micro-blogging site Twitter Inc gained 3.8%, adding to its 27% surge in the previous session, after saying it will name top shareholder and Tesla Inc CEO Elon Musk to its board. [nL3N2W31MV]", "annotations": [ { "end": 31, "tag": "Positive", "value": "Twitter Inc", "start": 20, "label": "Positive" }, { "end": 158, "tag": "Neutral", "value": "Tesla Inc", "start": 149, "label": "Neutral" } ] }, { "content": "It raises its ratings on Hilton , Hyatt and Marriott to \"buy\", and even with the threat of a recession moving into 2023, the pace of recovery in the hotels industry means is significant enough for a strong RevPAR increases in 2023, and that this is not being fairly reflected in the share prices. ", "annotations": [ { "end": 65, "tag": "Positive", "value": "Marriott", "start": 57, "label": "Positive" }, { "end": 46, "tag": "Positive", "value": "Hyatt", "start": 41, "label": "Positive" }, { "end": 31, "tag": "Positive", "value": "Hilton", "start": 25, "label": "Positive" } ] }, { "content": "Domestic miners <.AXMM> led the gains, rising 2.1%, as iron ore futures soared. BHP and Rio Tinto advanced 2.8% and 1.3%, respectively. [IRONORE/]", "annotations": [ { "end": 106, "tag": "Positive", "value": "Rio Tinto", "start": 97, "label": "Positive" }, { "end": 15, "tag": "Positive", "value": "Domestic miners", "start": 0, "label": "Positive" }, { "end": 83, "tag": "Positive", "value": "BHP", "start": 80, "label": "Positive" } ] }, { "content": " JPMorgan Chase & Co Citigroup Inc , and Wells Fargo & Co also saw their net interest income rise in the same period. ", "annotations": [ { "end": 23, "tag": "Positive", "value": "JPMorgan Chase & Co", "start": 4, "label": "Positive" }, { "end": 73, "tag": "Positive", "value": "Wells Fargo & Co", "start": 57, "label": "Positive" }, { "end": 45, "tag": "Positive", "value": "Citigroup Inc", "start": 32, "label": "Positive" } ] }, { "content": "Lowe's per-share profit was $4.67 for the second quarter ended July 29, above estimates of $4.58. Selling, general and administrative expenses as a percentage of sales were 16.2%, compared with 17% last year.", "annotations": [ { "end": 4, "tag": "Positive", "value": "Lowe", "start": 0, "label": "Positive" } ] }, { "content": "\"It is far less risky to own a small number of companies that you know extremely well, and in which you can be confident in their future earnings potential, than it is to own 500 companies you know nothing about,\" notes Guy Davis at GCI Investors. ", "annotations": [ { "end": 246, "tag": "Neutral", "value": "GCI Investors", "start": 233, "label": "Neutral" } ] }, { "content": "But the share price outperformer is Denmark-based IT consultancy company Netcompany , with shares rising 20.5% after some upbeat Q3 financials. ", "annotations": [ { "end": 83, "tag": "Positive", "value": "Netcompany", "start": 73, "label": "Positive" } ] }, { "content": "Meanwhile, oil prices held near three-week highs after the OPEC+ group of nations' largest supply cut since 2020 ahead of European Union embargoes on Russian energy is set to tighten global oil supply. [nL1N3170A0]", "annotations": [ { "end": 64, "tag": "Neutral", "value": "OPEC+", "start": 59, "label": "Neutral" }, { "end": 136, "tag": "Neutral", "value": "European Union", "start": 122, "label": "Neutral" } ] }, { "content": "The number of Americans living with Alzheimer's is expected to rise to around 13 million by 2050 from more than 6 million currently, according to the Alzheimer's Association. Globally, that figure could rise to 139 million by 2050 without an effective treatment, according to Alzheimer's Disease International.", "annotations": [ { "end": 309, "tag": "Neutral", "value": "Alzheimer's Disease International", "start": 276, "label": "Neutral" }, { "end": 173, "tag": "Neutral", "value": "Alzheimer's Association", "start": 150, "label": "Neutral" } ] }, { "content": "The performance from Lloyds' core consumer banking and lending businesses mirrored U.S. counterparts focused on retail banking such as Bank of America , which earlier this month reported better than expected profits. [nL4N2YZ1PM]", "annotations": [ { "end": 27, "tag": "Neutral", "value": "Lloyds", "start": 21, "label": "Neutral" }, { "end": 150, "tag": "Positive", "value": "Bank of America", "start": 135, "label": "Positive" } ] }, { "content": "Hiring a CTO with experience in restaurants and retail will ensure that digital transactions run smoothly, which became particularly important during the pandemic as more customers flocked to mobile apps and new payment systems, said Chas Hermann, a consultant and former vice president of marketing at Starbucks.", "annotations": [ { "end": 312, "tag": "Neutral", "value": "Starbucks", "start": 303, "label": "Neutral" } ] }, { "content": "Major U.S. stock indexes are sharply higher in early trading Friday as data showed U.S. retail sales increased more than expected in June and as Citigroup shares jumped after the bank reported quarterly results. [nL1N2YV2A8] [nL4N2YW292]", "annotations": [ { "end": 154, "tag": "Positive", "value": "Citigroup", "start": 145, "label": "Positive" } ] }, { "content": "Global oil-and-gas giants including Exxon Mobil , Chevron and Equinor posted huge third-quarter profits, benefiting from surging energy costs that have boosted inflation around the world.", "annotations": [ { "end": 47, "tag": "Positive", "value": "Exxon Mobil", "start": 36, "label": "Positive" }, { "end": 84, "tag": "Positive", "value": "Equinor", "start": 77, "label": "Positive" }, { "end": 64, "tag": "Positive", "value": "Chevron", "start": 57, "label": "Positive" } ] }, { "content": "Communication services <.SPLRCL>, info tech <.SPLRCT> and consumer discretionary <.SPLRCD> are taking the biggest hits among S&P 500 sectors. Healthcare <.SPXHC> is the leading gainer.", "annotations": [ { "end": 132, "tag": "Neutral", "value": "S&P 500", "start": 125, "label": "Neutral" }, { "end": 43, "tag": "Negative", "value": "info tech", "start": 34, "label": "Negative" }, { "end": 152, "tag": "Positive", "value": "Healthcare", "start": 142, "label": "Positive" }, { "end": 22, "tag": "Negative", "value": "Communication services", "start": 0, "label": "Negative" }, { "end": 80, "tag": "Negative", "value": "consumer discretionary", "start": 58, "label": "Negative" } ] }, { "content": "Goldman Sachs Group Inc gained 2.33% after reporting a smaller-than-expected drop in quarterly profit as a boost in net interest income cushioned the blow from a slowdown in investment banking.", "annotations": [ { "end": 23, "tag": "Positive", "value": "Goldman Sachs Group Inc", "start": 0, "label": "Positive" } ] }, { "content": "During the quarter, JPMorgan maintained its position as the banking world's second-biggest provider of worldwide M&A advisory after Goldman Sachs, according to Refinitiv. The league tables rank financial services firms by the amount of M&A fees they generate.", "annotations": [ { "end": 145, "tag": "Neutral", "value": "Goldman Sachs", "start": 132, "label": "Neutral" }, { "end": 28, "tag": "Neutral", "value": "JPMorgan", "start": 20, "label": "Neutral" }, { "end": 169, "tag": "Neutral", "value": "Refinitiv", "start": 160, "label": "Neutral" } ] }, { "content": "Oil stocks topped all three indexes in premarket trading with Exxon Mobil Corp and Chevron Corp climbing 3.7% and 4.9%, respectively, as the attack exacerbated worries that a war in Europe could disrupt global energy supplies. [O/R]", "annotations": [ { "end": 103, "tag": "Positive", "value": "Chevron Corp", "start": 91, "label": "Positive" }, { "end": 78, "tag": "Positive", "value": "Exxon Mobil Corp", "start": 62, "label": "Positive" } ] }, { "content": "The upbeat showing comes when technology stocks have come under pressure following downbeat earnings reports from Microsoft Corp and Google parent Alphabet Inc . ", "annotations": [ { "end": 128, "tag": "Negative", "value": "Microsoft Corp", "start": 114, "label": "Negative" }, { "end": 168, "tag": "Negative", "value": "Alphabet Inc", "start": 156, "label": "Negative" }, { "end": 148, "tag": "Negative", "value": "Google", "start": 142, "label": "Negative" } ] }, { "content": "Another fashion retailer Urban Outfitters was up 12% even after it missed revenue and profit expectations, with North American weakness weighing on the business and higher costs pressuring margins. While several brokerages cut price targets, some noted that underlying demand for URBN's clothing remained strong. [nL3N2XH2DM]", "annotations": [ { "end": 293, "tag": "Positive", "value": "URBN", "start": 289, "label": "Positive" }, { "end": 41, "tag": "Positive", "value": "Urban Outfitters", "start": 25, "label": "Positive" } ] }, { "content": "\"Tesla's solid quarter is the latest sign that it has done an outstanding job navigating through global supply chain and logistics challenges, weathering the storm better than most legacy automakers,\" said Jesse Cohen, senior analyst at Investing.com ", "annotations": [ { "end": 250, "tag": "Neutral", "value": "Investing.com", "start": 237, "label": "Neutral" }, { "end": 6, "tag": "Positive", "value": "Tesla", "start": 1, "label": "Positive" } ] }, { "content": "Lowe's same-store sales rose 5% in the fourth quarter ended Jan. 28, compared to analysts' estimates of a 3.1% increase, according to IBES data from Refinitiv. In comparison, Home Depot reported an 8.1% rise in same-store sales on Tuesday. ", "annotations": [ { "end": 185, "tag": "Positive", "value": "Home Depot", "start": 175, "label": "Positive" }, { "end": 4, "tag": "Positive", "value": "Lowe", "start": 0, "label": "Positive" }, { "end": 158, "tag": "Neutral", "value": "Refinitiv", "start": 149, "label": "Neutral" } ] }, { "content": "Among the highlights this week, Macy's raised its annual profit forecast, easing some investor worries over consumer spending after recent disappointments on the earnings front from Walmart and other big names.", "annotations": [ { "end": 38, "tag": "Positive", "value": "Macy's", "start": 32, "label": "Positive" }, { "end": 195, "tag": "Negative", "value": "Walmart", "start": 188, "label": "Negative" } ] }, { "content": "Nonetheless, a strong performance early in the week means all three indices are set for their biggest weekly percentage gain since late July, with the Stoxx up 1.3% on the week. ", "annotations": [ { "end": 156, "tag": "Positive", "value": "Stoxx", "start": 151, "label": "Positive" } ] }, { "content": "\"The stock is up because (analyst) downgrades all made a big deal out of slowing growth,\" Wedbush Securities analyst Michael Pachter said, noting that Netflix was cutting costs and expected free cash flow to grow substantially next year.", "annotations": [ { "end": 158, "tag": "Positive", "value": "Netflix", "start": 151, "label": "Positive" }, { "end": 108, "tag": "Neutral", "value": "Wedbush Securities", "start": 90, "label": "Neutral" } ] }, { "content": "The announcement confirms a Reuters report from earlier this month and comes as the electric-vehicle maker reported record quarterly revenue and 2022 deliveries growing more than 50%, despite supply chain issues. [nL4N2TT3Q7]", "annotations": [ { "end": 35, "tag": "Neutral", "value": "Reuters", "start": 28, "label": "Neutral" } ] }, { "content": "Citigroup also slid after the the bank reported a 26% drop in quarterly profit. But the company exceeded market expectations as strong gains in its investment banking business cushioned the blow from higher expenses. [nL4N2TU38G]", "annotations": [ { "end": 9, "tag": "Negative", "value": "Citigroup", "start": 0, "label": "Negative" } ] }, { "content": "Shares of biofuel producers, including Darling Ingredients , Neste , Gevo Inc , expected to benefit from the extension of the biofuel blenders tax credit and addition of sustainable aviation fuel tax credits included in the Act, rose on Monday before giving up gains to trade little changed on the day. ", "annotations": [ { "end": 73, "tag": "Positive", "value": "Neste", "start": 68, "label": "Positive" }, { "end": 58, "tag": "Positive", "value": "Darling Ingredients", "start": 39, "label": "Positive" }, { "end": 94, "tag": "Positive", "value": "Gevo Inc", "start": 86, "label": "Positive" } ] }, { "content": "Regeneron Pharmaceuticals added 5.3% after it beat quarterly revenue estimates, while coffee chain Starbucks Corp rose 1% on upbeat quarterly profit. [nL4N2ZF2E4][nL4N2ZF2DU]", "annotations": [ { "end": 25, "tag": "Positive", "value": "Regeneron Pharmaceuticals", "start": 0, "label": "Positive" }, { "end": 122, "tag": "Positive", "value": "Starbucks Corp", "start": 108, "label": "Positive" } ] }, { "content": "Sika gained 4.3% after the chemicals maker raised its full-year sales forecast and launched the sale of an 850 million Swiss franc ($858.50 million) chunk of the former BASF business it bought last year. [nL8N3150J2]", "annotations": [ { "end": 182, "tag": "Neutral", "value": "BASF", "start": 178, "label": "Neutral" }, { "end": 4, "tag": "Positive", "value": "Sika", "start": 0, "label": "Positive" } ] }, { "content": "Shares of Tesla Inc rose 1.2% in premarket trading. Other growth stocks such as Apple Inc , Amazon.com Inc and Meta Platforms Inc rose between 0.2% and 0.6%.", "annotations": [ { "end": 19, "tag": "Positive", "value": "Tesla Inc", "start": 10, "label": "Positive" }, { "end": 155, "tag": "Positive", "value": "Meta Platforms Inc", "start": 137, "label": "Positive" }, { "end": 123, "tag": "Positive", "value": "Amazon.com Inc", "start": 109, "label": "Positive" }, { "end": 98, "tag": "Positive", "value": "Apple Inc", "start": 89, "label": "Positive" } ] }, { "content": "Overall, resilient corporate fundamentals and continued but peaking core inflation pressures make the case for additional hikes, albeit at a slower pace, to account for the slowdown in economic growth, GS economists said. ", "annotations": [ { "end": 204, "tag": "Neutral", "value": "GS", "start": 202, "label": "Neutral" } ] }, { "content": "Shares of JPMorgan Chase & Co slid after it posted a 14% decline in fourth-quartre earnings due to a slowdown in the company's trading arm. But results sailed past analysts' estimates on stellar results from its investment banking unit. [nL4N2TU324]", "annotations": [ { "end": 29, "tag": "Negative", "value": "JPMorgan Chase & Co", "start": 10, "label": "Negative" } ] }, { "content": "The 10-year partnership represents Walmart's latest push into health care and could help the retail giant better compete with CVS Health and Walgreens Boots Alliance . ", "annotations": [ { "end": 136, "tag": "Neutral", "value": "CVS Health", "start": 126, "label": "Neutral" }, { "end": 42, "tag": "Positive", "value": "Walmart", "start": 35, "label": "Positive" }, { "end": 173, "tag": "Neutral", "value": "Walgreens Boots Alliance", "start": 149, "label": "Neutral" } ] }, { "content": "TOKYO - Japanese shares ended higher on Tuesday, with investors taking cues from some companies' strong outlooks, even as shares of Toyota Motor fell after posting a worse-than-expected earnings.", "annotations": [ { "end": 144, "tag": "Negative", "value": "Toyota Motor", "start": 132, "label": "Negative" } ] }, { "content": "\ufffd\ufffdThe group has a pretty good record of outperforming the market in inflationary periods and we are in an inflationary period,\ufffd\ufffd said Peter Tuz, president of Chase Investment Counsel Corp. The wealth management firm's energy stock holdings include Chevron, Baker Hughes and Halliburton .", "annotations": [ { "end": 253, "tag": "Neutral", "value": "Chevron", "start": 246, "label": "Neutral" }, { "end": 283, "tag": "Neutral", "value": "Halliburton", "start": 272, "label": "Neutral" }, { "end": 267, "tag": "Neutral", "value": "Baker Hughes", "start": 255, "label": "Neutral" }, { "end": 185, "tag": "Neutral", "value": "Chase Investment Counsel Corp", "start": 156, "label": "Neutral" } ] }, { "content": "Excluding one-time items, it reported a profit of 18 cents, beating analysts' estimates of 17 cents a share, according to data from Refinitiv. ", "annotations": [ { "end": 141, "tag": "Neutral", "value": "Refinitiv", "start": 132, "label": "Neutral" } ] }, { "content": "\"The labor market remains very tight, and the claims data do not show any signs that slack is emerging,\" writes Thomas Simons, money market economist at Jefferies. \"If anything, the recent claims data suggest that the labor market is tightening up even more.\"", "annotations": [ { "end": 162, "tag": "Neutral", "value": "Jefferies", "start": 153, "label": "Neutral" } ] }, { "content": "In the spot market, meanwhile, next-day gas prices at the PG&E Citygate in Northern California rose to their highest since February 2019 for a third day in a row.", "annotations": [ { "end": 71, "tag": "Positive", "value": "PG&E Citygate", "start": 58, "label": "Positive" } ] }, { "content": "A 7.6% rebound in Apple Inc helped soften the blow of the 6.8% plunge for Amazon.com shares, in the wake of the two market leaders' results. ", "annotations": [ { "end": 27, "tag": "Positive", "value": "Apple Inc", "start": 18, "label": "Positive" }, { "end": 93, "tag": "Negative", "value": "Amazon.com", "start": 83, "label": "Negative" } ] }, { "content": "Spot TC , assessed by Asian Metal, stood at $85.50 a tonne on Nov. 17, up 43.7% from the beginning of 2022 and higher than the benchmark. However, spot deals account for a small fraction of the concentrate market.", "annotations": [ { "end": 7, "tag": "Positive", "value": "Spot TC", "start": 0, "label": "Positive" }, { "end": 48, "tag": "Neutral", "value": "Asian Metal", "start": 37, "label": "Neutral" } ] }, { "content": "\"Russia's announcement is certainly bullish for prices and the start of the week is very likely to see prices climb, simply because less grain is going to come out of Ukraine,\" Arthur Portier of consultancy Agritel said.", "annotations": [ { "end": 214, "tag": "Neutral", "value": "Agritel", "start": 207, "label": "Neutral" } ] }, { "content": "Tesla Inc edged up 0.38% ahead of its earnings after the bell, with focus on any weakness in demand that is starting to weigh on the auto industry. ", "annotations": [ { "end": 9, "tag": "Positive", "value": "Tesla Inc", "start": 0, "label": "Positive" } ] }, { "content": "Microsoft Corp and Broadcom Inc gained 1.6% and 3.9%, respectively, providing the biggest boost to the S&P 500 and the Nasdaq.", "annotations": [ { "end": 14, "tag": "Positive", "value": "Microsoft Corp", "start": 0, "label": "Positive" }, { "end": 40, "tag": "Positive", "value": "Broadcom Inc", "start": 28, "label": "Positive" }, { "end": 128, "tag": "Positive", "value": "S&P 500", "start": 121, "label": "Positive" }, { "end": 143, "tag": "Positive", "value": "Nasdaq", "start": 137, "label": "Positive" } ] }, { "content": "Hong Kong-based Baring Private Equity Asia has also positioned Japan as a top priority, said Atsushi Takeiri, head of Japan real estate. He joined the firm last November from Fortress Investment Group, which along with Blackstone Inc has already built a thriving property investment business in Japan.", "annotations": [ { "end": 200, "tag": "Neutral", "value": "Fortress Investment Group", "start": 175, "label": "Neutral" }, { "end": 233, "tag": "Neutral", "value": "Blackstone Inc", "start": 219, "label": "Neutral" }, { "end": 42, "tag": "Neutral", "value": "Baring Private Equity Asia", "start": 16, "label": "Neutral" } ] }, { "content": "\"The iPhone's popularity has endured, with the iconic handsets still making up over half of net sales, even though the market is crowded with many smart phone rivals,\" said Hargreaves Lansdown analyst Susannah Streeter. ", "annotations": [ { "end": 192, "tag": "Neutral", "value": "Hargreaves Lansdown", "start": 173, "label": "Neutral" }, { "end": 11, "tag": "Positive", "value": "iPhone", "start": 5, "label": "Positive" } ] }, { "content": "High-growth and megacap technology stocks, whose valuations are vulnerable to rising bond yields, rose as Treasury yields fell sharply across the board. Apple Inc , Alphabet Inc and Amazon.com Inc rose more than 2% each. [US/]", "annotations": [ { "end": 185, "tag": "Positive", "value": "Alphabet Inc", "start": 173, "label": "Positive" }, { "end": 162, "tag": "Positive", "value": "Apple Inc", "start": 153, "label": "Positive" }, { "end": 214, "tag": "Positive", "value": "Amazon.com Inc", "start": 200, "label": "Positive" } ] }, { "content": "Henry Harteveldt, founder of travel consultancy Atmosphere Research Group, said growing in size would also allow JetBlue to attract pilots by offering them better careers.", "annotations": [ { "end": 120, "tag": "Positive", "value": "JetBlue", "start": 113, "label": "Positive" }, { "end": 73, "tag": "Neutral", "value": "Atmosphere Research Group", "start": 48, "label": "Neutral" } ] }, { "content": "Bank of America Corp , another large mortgage lender, has not cut staff and has no plans to do so this year, said a source familiar with the matter. In fact, the bank expects \"good, balanced\" mortgage loan growth for 2022, said Deutsche Bank analyst Matt O'Connor. ", "annotations": [ { "end": 248, "tag": "Neutral", "value": "Deutsche Bank", "start": 235, "label": "Neutral" }, { "end": 20, "tag": "Neutral", "value": "Bank of America Corp", "start": 0, "label": "Neutral" } ] }, { "content": "Malvido added the recent restructuring of Mexican telecommunications company Altan Redes, with which it has an alliance for fixed wireless, would help reverse the recent negative trend in its fixed wireless business. ", "annotations": [ { "end": 88, "tag": "Positive", "value": "Altan Redes", "start": 77, "label": "Positive" } ] }, { "content": "Megacap stocks including Tesla Inc , Amazon.com , Microsoft Corp , Meta Platforms , Apple Inc and Google owner-Alphabet Inc gained over 0.5% each.", "annotations": [ { "end": 55, "tag": "Positive", "value": "Amazon.com", "start": 45, "label": "Positive" }, { "end": 162, "tag": "Positive", "value": "Alphabet Inc", "start": 150, "label": "Positive" }, { "end": 143, "tag": "Positive", "value": "Google", "start": 137, "label": "Positive" }, { "end": 80, "tag": "Positive", "value": "Microsoft Corp", "start": 66, "label": "Positive" }, { "end": 105, "tag": "Positive", "value": "Meta Platforms", "start": 91, "label": "Positive" }, { "end": 123, "tag": "Positive", "value": "Apple Inc", "start": 114, "label": "Positive" }, { "end": 34, "tag": "Positive", "value": "Tesla Inc", "start": 25, "label": "Positive" } ] }, { "content": "OPEC+ said it had agreed to boost output by 648,000 barrels per day (bpd) in July - or 0.7% of global demand - and a similar amount in August versus the initial plan to add 432,000 bpd a month over three months until September. [nL1N2XP08U]", "annotations": [ { "end": 5, "tag": "Neutral", "value": "OPEC+", "start": 0, "label": "Neutral" } ] }, { "content": "ARK Innovation, which has outsized positions in Zoom, Tesla Inc and Roku Inc , rose 1.9% in afternoon trading Tuesday. ", "annotations": [ { "end": 52, "tag": "Neutral", "value": "Zoom", "start": 48, "label": "Neutral" }, { "end": 85, "tag": "Neutral", "value": "Roku Inc", "start": 77, "label": "Neutral" }, { "end": 14, "tag": "Positive", "value": "ARK Innovation", "start": 0, "label": "Positive" }, { "end": 63, "tag": "Neutral", "value": "Tesla Inc", "start": 54, "label": "Neutral" } ] }, { "content": "Healthcare stocks jumped 6.4% and the technology group gained 2.9%, with cannabis companies Canopy Growth Corp , Tilray Brands and Cronos Group and technology firms Shopify and Lightspeed Commerce among the biggest gainers. ", "annotations": [ { "end": 110, "tag": "Positive", "value": "Canopy Growth Corp", "start": 92, "label": "Positive" }, { "end": 235, "tag": "Positive", "value": "Lightspeed Commerce", "start": 216, "label": "Positive" }, { "end": 135, "tag": "Positive", "value": "Tilray Brands", "start": 122, "label": "Positive" }, { "end": 201, "tag": "Positive", "value": "Shopify", "start": 194, "label": "Positive" }, { "end": 162, "tag": "Positive", "value": "Cronos Group", "start": 150, "label": "Positive" } ] }, { "content": "A strong dollar also weighed on shares of IT hardware and services company IBM Corp , which beat quarterly revenue expectations on Monday but warned the hit from forex for the year could be about $3.5 billion.", "annotations": [ { "end": 83, "tag": "Positive", "value": "IBM Corp", "start": 75, "label": "Positive" } ] }, { "content": "Consumer debt grew rapidly in the first half of 2022, with revolving credit balances rising at a 17% annualized pace. Households have also been withdrawing home equity at the fastest pace since 2008 and demand for loans continues to increase, Goldman economists said in a note.", "annotations": [ { "end": 250, "tag": "Neutral", "value": "Goldman", "start": 243, "label": "Neutral" } ] }, { "content": "Higher interest rates are coming through for banks, with Germany's Commerzbank swinging to a bigger-than-expected second-quarter net profit on Wednesday [nL8N2ZF0Z3].", "annotations": [ { "end": 78, "tag": "Positive", "value": "Commerzbank", "start": 67, "label": "Positive" } ] }, { "content": "Home Depot Inc surpassed estimates for quarterly sales after demand from builders and higher prices helped the biggest U.S. home-improvement chain cushion the hit from dwindling store visits. Home Depot's shares are rising 2.57%.", "annotations": [ { "end": 14, "tag": "Positive", "value": "Home Depot Inc", "start": 0, "label": "Positive" }, { "end": 209, "tag": "Positive", "value": "Home Depot", "start": 199, "label": "Positive" } ] }, { "content": "\"Including today's rate hike, the RBI has raised effective policy rate by 155 bps this year through a series of rate hikes and liquidity tightening measures \ufffd\ufffd i.e. from 3.35% reverse repo to revised 4.90% repo rate. We expect peak repo rate in the current tightening cycle at 6% given that CPI inflation is likely to average 5% to 5.5% in 12 to 18 months from now.\"", "annotations": [ { "end": 37, "tag": "Neutral", "value": "RBI", "start": 34, "label": "Neutral" } ] }, { "content": "Shell edged 0.3% up as the oil major reported a record quarterly profit of $11.5 billion, lifted by a tripling of refining profits and strong gas trading. [nL1N2Z90CK]", "annotations": [ { "end": 5, "tag": "Positive", "value": "Shell", "start": 0, "label": "Positive" } ] }, { "content": "Still, shares of JPMorgan and Wells Fargo gained strongly, up 2.5% and 3.7% respectively while Citi gained 1.2% as the profit falls were not as deep as feared. ", "annotations": [ { "end": 25, "tag": "Positive", "value": "JPMorgan", "start": 17, "label": "Positive" }, { "end": 99, "tag": "Positive", "value": "Citi", "start": 95, "label": "Positive" }, { "end": 41, "tag": "Positive", "value": "Wells Fargo", "start": 30, "label": "Positive" } ] }, { "content": "AAII reported that bullish sentiment, or expectations that stock prices will rise over the next six months, surged by 10.3 percentage points to 32.8%. Optimism was last at this level on Jan. 6, 2022. Even with the big jump, however, bullish sentiment remains below its historical average of 38.0% for the 18th consecutive week.", "annotations": [ { "end": 4, "tag": "Neutral", "value": "AAII", "start": 0, "label": "Neutral" } ] }, { "content": "Though a small player in smartphones overall, Google's sales are accelerating. It shipped 3 million phones in the first half of this year, up 131% on a year ago, according to tracking company Canalys. (Reporting by Paresh Dave; Editing by Peter Henderson and Richard Pullin) ((paresh.dave@thomsonreuters.com; 415-565-1302;))", "annotations": [ { "end": 52, "tag": "Positive", "value": "Google", "start": 46, "label": "Positive" }, { "end": 199, "tag": "Neutral", "value": "Canalys", "start": 192, "label": "Neutral" } ] }, { "content": "Banks <.SPXBK>, which tend to benefit from a rising rate environment, gained 2.1%. Healthcare stocks <.SPXHC> got a boost from health insurer Humana Inc's strong earnings forecast. [nL4N30M29Z]", "annotations": [ { "end": 5, "tag": "Positive", "value": "Banks", "start": 0, "label": "Positive" }, { "end": 152, "tag": "Positive", "value": "Humana Inc", "start": 142, "label": "Positive" }, { "end": 100, "tag": "Positive", "value": "Healthcare stocks", "start": 83, "label": "Positive" } ] }, { "content": "Traders also appear to be leaning toward a Republican win: a basket of stocks and other assets tracked by advisory firm Strategas that would be expected to do well after a Republican victory have outperformed a counterpart Democrat portfolio, indicating a roughly 70% chance that Republicans win both the House and Senate.", "annotations": [ { "end": 129, "tag": "Neutral", "value": "Strategas", "start": 120, "label": "Neutral" } ] }, { "content": "In corporate news, early calls pointed to gains for aerospace contractor Senior and grocer Premier Foods following results. French train maker Alstom is also seen rising after cash flow and orders beat forecasts.", "annotations": [ { "end": 79, "tag": "Positive", "value": "Senior", "start": 73, "label": "Positive" }, { "end": 165, "tag": "Positive", "value": "Alstom", "start": 159, "label": "Positive" }, { "end": 112, "tag": "Positive", "value": "Premier Foods", "start": 99, "label": "Positive" } ] }, { "content": "Analysts in aggregate believe the S&P 500 posted year-over-year earnings growth of 9.7% in the April to June period, much stronger than the 5.6% predicted at quarter-end, per Refinitiv.", "annotations": [ { "end": 41, "tag": "Positive", "value": "S&P 500", "start": 34, "label": "Positive" }, { "end": 184, "tag": "Neutral", "value": "Refinitiv", "start": 175, "label": "Neutral" } ] }, { "content": " Boeing argues it is safer to have one common 737 cockpit alerting system. \"A consistent operational experience across an airplane family is an industry best practice that benefits flight crews and the flying public by enhancing safety and reducing risk,\" Boeing said. ", "annotations": [ { "end": 265, "tag": "Neutral", "value": "Boeing", "start": 259, "label": "Neutral" }, { "end": 10, "tag": "Neutral", "value": "Boeing", "start": 4, "label": "Neutral" } ] }, { "content": "The Dow and S&P 500 rose on Tuesday as stronger-than-expected results and outlooks from Walmart and Home Depot bolstered views on the health of consumers, while technology shares declined and weighed on the Nasdaq. [.N]", "annotations": [ { "end": 95, "tag": "Positive", "value": "Walmart", "start": 88, "label": "Positive" }, { "end": 118, "tag": "Positive", "value": "Home Depot", "start": 108, "label": "Positive" }, { "end": 7, "tag": "Positive", "value": "Dow", "start": 4, "label": "Positive" }, { "end": 228, "tag": "Negative", "value": "Nasdaq", "start": 222, "label": "Negative" }, { "end": 19, "tag": "Positive", "value": "S&P 500", "start": 12, "label": "Positive" } ] }, { "content": "Short-stays booked online via Airbnb , Booking.com , Tripadvisor , and Expedia in the EU's most popular destination countries recovered almost completely above pre-pandemic levels, the office said, with the highest increase recorded in February and May, up 10.9% and 5.6%, respectively, compared to 2019.", "annotations": [ { "end": 58, "tag": "Positive", "value": "Booking.com", "start": 47, "label": "Positive" }, { "end": 102, "tag": "Positive", "value": "Expedia", "start": 95, "label": "Positive" }, { "end": 80, "tag": "Positive", "value": "Tripadvisor", "start": 69, "label": "Positive" }, { "end": 36, "tag": "Positive", "value": "Airbnb", "start": 30, "label": "Positive" } ] }, { "content": "The Dow Jones Industrial Average <.DJI> rose 397.82 points, or 1.18%, to 34,098.1, the S&P 500 <.SPX> gained 53.64 points, or 1.36%, to 4,003.58 and the Nasdaq Composite <.IXIC> added 149.90 points, or 1.36%, to 11,174.41.", "annotations": [ { "end": 32, "tag": "Positive", "value": "Dow Jones Industrial Average", "start": 4, "label": "Positive" }, { "end": 169, "tag": "Positive", "value": "Nasdaq Composite", "start": 153, "label": "Positive" }, { "end": 94, "tag": "Positive", "value": "S&P 500", "start": 87, "label": "Positive" } ] }, { "content": "Stocks are rallying sharply in late morning trading Thursday with the S&P 500 <.SPX> up more than 4% and the Nasdaq <.IXIC> up more than 5% following data that U.S. consumer prices rose less than expected last month.", "annotations": [ { "end": 115, "tag": "Positive", "value": "Nasdaq", "start": 109, "label": "Positive" }, { "end": 77, "tag": "Positive", "value": "S&P 500", "start": 70, "label": "Positive" } ] }, { "content": "With S&P 500 earnings expected to grow 8.4% in 2022, the backdrop for stocks appears to be a solid one. However, skittish investors have punished companies such as Netflix , JPMorgan and Tesla delivering less than stellar news in recent weeks, adding to the uneasy mood. Another large batch of reports is due next week, including from heavyweights Alphabet and Amazon . ", "annotations": [ { "end": 190, "tag": "Negative", "value": "JPMorgan", "start": 182, "label": "Negative" }, { "end": 208, "tag": "Negative", "value": "Tesla", "start": 203, "label": "Negative" }, { "end": 12, "tag": "Positive", "value": "S&P 500", "start": 5, "label": "Positive" }, { "end": 171, "tag": "Negative", "value": "Netflix", "start": 164, "label": "Negative" }, { "end": 402, "tag": "Neutral", "value": "Amazon", "start": 396, "label": "Neutral" }, { "end": 381, "tag": "Neutral", "value": "Alphabet", "start": 373, "label": "Neutral" } ] }, { "content": " Investment bank BofA said it had turned \"tactically constructive\" on China's stock markets, on signs that uncertainties surrounding the country's COVID strategy, property sector and regulatory and monetary policies were now easing. ", "annotations": [ { "end": 21, "tag": "Neutral", "value": "BofA", "start": 17, "label": "Neutral" } ] }, { "content": "Disney posted adjusted earnings-per-share of $1.09, up 36% from a year earlier, as visitors packed its theme parks. Operating income more than doubled at the parks, experiences and products division to $3.6 billion.", "annotations": [ { "end": 6, "tag": "Positive", "value": "Disney", "start": 0, "label": "Positive" } ] }, { "content": "\"Markets have set off on another rocky ride over inflation fears, following a stronger jump in (the) U.S. consumer price index that was greater than even analysts' higher estimates,\" said Steve Clayton, fund manager at Hargreaves Lansdown. ", "annotations": [ { "end": 238, "tag": "Neutral", "value": "Hargreaves Lansdown", "start": 219, "label": "Neutral" } ] }, { "content": "As the Ethereum mega-upgrade seems on track for a release on September 15, the \"most significant events in the history of the cryptoecosystem\" should generate far more revenue for crypto-exchanges, particularly Coinbase , said JP.Morgan in a note on Wednesday.", "annotations": [ { "end": 244, "tag": "Neutral", "value": "JP.Morgan", "start": 235, "label": "Neutral" }, { "end": 15, "tag": "Positive", "value": "Ethereum", "start": 7, "label": "Positive" }, { "end": 219, "tag": "Positive", "value": "Coinbase", "start": 211, "label": "Positive" } ] }, { "content": "Across commodities, Brent crude futures rose about 2.6%, while U.S. West Texas Intermediate crude extended early gains, up 2.4%, as concerns about supply shortages ahead of the next meeting of OPEC ministers offset doubts around the economic outlook. ", "annotations": [ { "end": 39, "tag": "Positive", "value": "Brent crude futures", "start": 20, "label": "Positive" }, { "end": 105, "tag": "Positive", "value": "U.S. West Texas Intermediate crude", "start": 71, "label": "Positive" } ] }, { "content": "Meanwhile, automakers' stocks were a bright spot in the tepid market, with carmaker Maruti Suzuki India climbing 4% to its highest in over 4 years.", "annotations": [ { "end": 103, "tag": "Positive", "value": "Maruti Suzuki India", "start": 84, "label": "Positive" } ] }, { "content": "Travel website KAYAK said searches for international travel, including to Europe, from the United States are up nearly 40% from last year. ", "annotations": [ { "end": 20, "tag": "Neutral", "value": "KAYAK", "start": 15, "label": "Neutral" } ] }, { "content": "In Europe, traders see gains in Siemens after the German engineer beat profit expectations and forecast strong demand for hardware and software despite the complex macro. Good-looking news too from Thyssenkrupp , which proposed its first dividend in four years. Burberry could also see support after the quarterly sales growth at the British luxury brand beat forecasts.", "annotations": [ { "end": 290, "tag": "Positive", "value": "Burberry", "start": 282, "label": "Positive" }, { "end": 39, "tag": "Positive", "value": "Siemens", "start": 32, "label": "Positive" }, { "end": 221, "tag": "Positive", "value": "Thyssenkrupp", "start": 209, "label": "Positive" } ] }, { "content": "Morgan Stanley said advisory revenues nearly doubled from a year ago driven by completed M&A transactions. Goldman Sachs said revenues at its advisory businesses were \"essentially unchanged.\" ", "annotations": [ { "end": 14, "tag": "Positive", "value": "Morgan Stanley", "start": 0, "label": "Positive" }, { "end": 120, "tag": "Neutral", "value": "Goldman Sachs", "start": 107, "label": "Neutral" } ] }, { "content": "\"While off to a somewhat rocky start, 2022 will be a good year for U.S. manufacturing,\" said Oren Klachkin, lead U.S. economist at Oxford Economics in New York.", "annotations": [ { "end": 147, "tag": "Neutral", "value": "Oxford Economics", "start": 131, "label": "Neutral" } ] }, { "content": "Lockheed Martin shot up 8.49% after the weapons maker posted stronger-than-expected quarterly revenue and maintained its 2022 revenue view. The gains help lift the S&P industrials index <.SPLRCI> 1.79%, the strongest performance of the 11 major sectors. ", "annotations": [ { "end": 193, "tag": "Positive", "value": "S&P industrials index", "start": 172, "label": "Positive" }, { "end": 15, "tag": "Positive", "value": "Lockheed Martin", "start": 0, "label": "Positive" } ] }, { "content": "\"Inflation is starting to dwindle in the pipeline, and obviously that will show up in consumer inflation as well,\" says Peter Cardillo, chief market economist at Spartan Capital Securities in New York. \"This is good news for the markets and good news for the consumer. It confirms that we've peaked in inflation.", "annotations": [ { "end": 188, "tag": "Neutral", "value": "Spartan Capital Securities", "start": 162, "label": "Neutral" } ] }, { "content": "Raytheon beat out Boeing and Lockheed Martin to continue its development of the weapon. The award is a significant advance in the development of hypersonic weapons for the U.S., and puts Raytheon in an early lead for a series of related contract awards in the years ahead.", "annotations": [ { "end": 8, "tag": "Positive", "value": "Raytheon", "start": 0, "label": "Positive" }, { "end": 51, "tag": "Negative", "value": "Lockheed Martin", "start": 36, "label": "Negative" }, { "end": 24, "tag": "Negative", "value": "Boeing", "start": 18, "label": "Negative" }, { "end": 210, "tag": "Positive", "value": "Raytheon", "start": 202, "label": "Positive" } ] }, { "content": "Refinitiv projected average U.S. gas demand including exports would slide from 99.3 bcfd this week to 97.5 bcfd next week as extreme heat starts to ease in some parts of the country. The forecast for next week was higher than Refinitiv's outlook on Wednesday.", "annotations": [ { "end": 235, "tag": "Neutral", "value": "Refinitiv", "start": 226, "label": "Neutral" }, { "end": 9, "tag": "Neutral", "value": "Refinitiv", "start": 0, "label": "Neutral" } ] }, { "content": "\"Our economists believe that the progressive distribution removes much of the oversized drag on low income households, providing some cushion to domestic demand\", the Barclays analysts reckon.", "annotations": [ { "end": 175, "tag": "Neutral", "value": "Barclays", "start": 167, "label": "Neutral" } ] }, { "content": "The combination of stubborn supply disruptions and elevated energy prices will prevent producer prices from reverting to more normal patterns until later this year,\" writes Mahir Rasheed, U.S. economist at Oxford Economics, adding that the report's \"reinforce the case for the FOMC to commence rate liftoff at next month's policy meeting with a rate hike of at least 25 (basis points).\"", "annotations": [ { "end": 222, "tag": "Neutral", "value": "Oxford Economics", "start": 206, "label": "Neutral" }, { "end": 281, "tag": "Neutral", "value": "FOMC", "start": 277, "label": "Neutral" } ] }, { "content": "Meanwhile, United Airlines Holdings Inc and American Airlines Group Inc rose 8.7% and 11.3%, respectively, after their upbeat outlook on bookings due to booming travel demand. [nL2N2WI2CH] [nL3N2WJ2BY]", "annotations": [ { "end": 79, "tag": "Positive", "value": "American Airlines Group Inc", "start": 52, "label": "Positive" }, { "end": 39, "tag": "Positive", "value": "United Airlines Holdings Inc", "start": 11, "label": "Positive" } ] }, { "content": "\ufffd\ufffdThe war in Ukraine no longer seems likely to devolve into a broader conflict; the number of new Covid cases in China has fallen by half; and global inflation has peaked,\ufffd\ufffd BCA said in a report sent on Tuesday. \ufffd\ufffdThe outlook for stocks has brightened.\ufffd\ufffd", "annotations": [ { "end": 175, "tag": "Neutral", "value": "BCA", "start": 172, "label": "Neutral" } ] }, { "content": "Larger peers Halliburton Co and Baker Hughes Co both posted strong first-quarter profits and forecast higher margins this year. [nL3N2WI28C][nL3N2WH23Q] ", "annotations": [ { "end": 27, "tag": "Positive", "value": "Halliburton Co", "start": 13, "label": "Positive" }, { "end": 55, "tag": "Positive", "value": "Baker Hughes Co", "start": 40, "label": "Positive" } ] }, { "content": "Walmart Inc had also lifted its annual sales and profit outlook on strong demand for groceries and better inventory levels, but it forecast a muted holiday season as discretionary spending remains pressured. ", "annotations": [ { "end": 11, "tag": "Positive", "value": "Walmart Inc", "start": 0, "label": "Positive" } ] }, { "content": "China stocks <.SSEC> <.CSI300> shed 0.6% each, while Hong Kong shares <.HSI> fell 2.5%. The MSCI's index for developing world currencies <.MIEM00000CUS> edged 0.1% higher. ", "annotations": [ { "end": 12, "tag": "Negative", "value": "China stocks", "start": 0, "label": "Negative" }, { "end": 69, "tag": "Negative", "value": "Hong Kong shares", "start": 53, "label": "Negative" }, { "end": 136, "tag": "Positive", "value": "MSCI's index for developing world currencies", "start": 92, "label": "Positive" } ] }, { "content": "Exxon Mobil and Chevron reported a surge in profits earlier this week, while ConocoPhillips raised its equity buyback plan to $45 billion after quarterly net income nearly doubled.", "annotations": [ { "end": 107, "tag": "Positive", "value": "ConocoPhillips", "start": 93, "label": "Positive" }, { "end": 31, "tag": "Positive", "value": "Chevron", "start": 24, "label": "Positive" }, { "end": 11, "tag": "Positive", "value": "Exxon Mobil", "start": 0, "label": "Positive" } ] }, { "content": "? Samsung to lure 175 million existing India customers with cashback card Samsung Electronics is targeting repeat purchases from its 175 million customers in India through a new cashback credit card, a senior executive said, a move to boost sales in the critical market where it was once the top smartphone seller. [nL4N30X1YT]", "annotations": [ { "end": 93, "tag": "Neutral", "value": "Samsung Electronics", "start": 74, "label": "Neutral" }, { "end": 9, "tag": "Neutral", "value": "Samsung", "start": 2, "label": "Neutral" } ] }, { "content": "United Airlines Holdings Inc jumped 5.8% as the U.S. carrier posted its strongest quarterly earnings in three years. (Reporting by Ankika Biswas and Shreyashi Sanyal in Bengaluru; Editing by Sriraj Kalluvila and Arun Koyyur) ((Ankika.Biswas@thomsonreuters.com;))", "annotations": [ { "end": 28, "tag": "Positive", "value": "United Airlines Holdings Inc", "start": 0, "label": "Positive" } ] }, { "content": "Carvana Co jumped 8.2% as Piper Sandler upgraded the online used-car seller's stock to \"overweight\" from \"neutral\", saying it is grossly undervalued. [nL1N30J0HG]", "annotations": [ { "end": 10, "tag": "Positive", "value": "Carvana Co", "start": 0, "label": "Positive" }, { "end": 48, "tag": "Positive", "value": "Piper Sandler", "start": 35, "label": "Positive" } ] }, { "content": "The S&P 500 gained 4.4% in December, the 20th time the index had logged a December gain of at least 4% since 1928, according to Frank Cappelleri, desk strategist at Instinet.", "annotations": [ { "end": 173, "tag": "Neutral", "value": "Instinet", "start": 165, "label": "Neutral" }, { "end": 11, "tag": "Positive", "value": "S&P 500", "start": 4, "label": "Positive" } ] }, { "content": "On an adjusted basis, ICE net income rose 12.4% to $739 million, or $1.32 per share, in the quarter ended June 30. Analysts on average were expecting the company to report a profit of $1.27 per share, according to Refinitiv IBES data. ", "annotations": [ { "end": 25, "tag": "Positive", "value": "ICE", "start": 22, "label": "Positive" }, { "end": 223, "tag": "Neutral", "value": "Refinitiv", "start": 214, "label": "Neutral" } ] }, { "content": "The Federal Reserve has raised its policy rate by 375 basis points this year from near zero to a 3.75%-4.00% range as it battles high inflation in what has become the fastest rate-hiking cycle since the 1980s.", "annotations": [ { "end": 19, "tag": "Neutral", "value": "Federal Reserve", "start": 4, "label": "Neutral" } ] }, { "content": "\"We know aviation safety and 5G can co-exist and we are confident further collaboration and technical assessment will allay any issues,\" AT&T said.", "annotations": [ { "end": 141, "tag": "Neutral", "value": "AT&T", "start": 137, "label": "Neutral" } ] }, { "content": "In April it reported a record annual profit helped by client wins and deeper relationships with the likes of Alphabet's Google, Uber and TikTok.", "annotations": [ { "end": 117, "tag": "Neutral", "value": "Alphabet", "start": 109, "label": "Neutral" }, { "end": 136, "tag": "Neutral", "value": "Google", "start": 130, "label": "Neutral" }, { "end": 142, "tag": "Neutral", "value": "Uber", "start": 138, "label": "Neutral" }, { "end": 162, "tag": "Neutral", "value": "TikTok", "start": 156, "label": "Neutral" } ] }, { "content": "Citigroup was the biggest gainer in the index and was last up 9.7%, on track for its biggest one-day percentage gain since November 2020 after posting a smaller-than-expected 27% drop in quarterly profit. The third-largest U.S. bank's trading desk cashed in on commodity and foreign exchange market volatility even as investment banking slumped. ", "annotations": [ { "end": 9, "tag": "Positive", "value": "Citigroup", "start": 0, "label": "Positive" } ] }, { "content": "** Jubilant FoodWorks Ltd , which runs the Domino's Pizza chain of restaurants in India, reported a near-10% jump in second-quarter profit on Tuesday, as people dined out more following the easing of COVID-19 restrictions.", "annotations": [ { "end": 25, "tag": "Positive", "value": "Jubilant FoodWorks Ltd", "start": 3, "label": "Positive" }, { "end": 66, "tag": "Positive", "value": "Domino's Pizza", "start": 52, "label": "Positive" } ] }, { "content": "McMullen said the combined entity could better compete head to head with \"larger, non-union\" grocers - a reference to players such as Walmart Inc and Target Corp , both of which also sell groceries. ", "annotations": [ { "end": 169, "tag": "Neutral", "value": "Target Corp", "start": 158, "label": "Neutral" }, { "end": 145, "tag": "Neutral", "value": "Walmart Inc", "start": 134, "label": "Neutral" } ] }, { "content": "Not only had analysts expected a 1.4% decline, the modest gain stood on the shoulders of February's upwardly adjusted 1.788 million units SAAR, according to the Commerce Department.", "annotations": [ { "end": 180, "tag": "Neutral", "value": "Commerce Department", "start": 161, "label": "Neutral" } ] }, { "content": " Shares of rooftop solar system providers, including Sunrun Inc , SunPower Corp and Sunnova Energy International Inc , closed 20% to 27% higher on Thursday. ", "annotations": [ { "end": 66, "tag": "Positive", "value": "Sunrun Inc", "start": 56, "label": "Positive" }, { "end": 89, "tag": "Positive", "value": "SunPower Corp", "start": 76, "label": "Positive" }, { "end": 135, "tag": "Positive", "value": "Sunnova Energy International Inc", "start": 103, "label": "Positive" } ] }, { "content": "Harry Hu, a senior director at S&P Global Ratings estimates that Chinese banks\ufffd\ufffd non-performing ratio in the property development sector will rise to around 5.5% to 5.6% by year-end, up from a 2.6% sector-wide NPL ratio at end-2021.", "annotations": [ { "end": 49, "tag": "Neutral", "value": "S&P Global Ratings", "start": 31, "label": "Neutral" } ] }, { "content": "Bank of America threw the week's first earnings pitch, beating profit estimates as its strong consumer business helped mitigate sluggish global deal-making. Its shares were last up around 2.5%. [nL3N2WG1T3]", "annotations": [ { "end": 15, "tag": "Positive", "value": "Bank of America", "start": 0, "label": "Positive" } ] }, { "content": "While stress on these banks has been at a high level due to crypto price volatility, KBW actually believes crypto banking trends could be more positive than the market expects in July when Q2 earnings come around. ", "annotations": [ { "end": 88, "tag": "Neutral", "value": "KBW", "start": 85, "label": "Neutral" } ] }, { "content": "McDonald's global same-store sales increased 9.5% in the third quarter ended Sept. 30, compared with estimates for a 5.8% rise, according to IBES data from Refinitiv.", "annotations": [ { "end": 8, "tag": "Positive", "value": "McDonald", "start": 0, "label": "Positive" }, { "end": 145, "tag": "Neutral", "value": "IBES", "start": 141, "label": "Neutral" }, { "end": 165, "tag": "Neutral", "value": "Refinitiv", "start": 156, "label": "Neutral" } ] }, { "content": "That also helped boost U.S.-listed shares of Chinese firms such as JD.Com , up 3.86%, and Alibaba Group Holding , which gained 5.12%.", "annotations": [ { "end": 73, "tag": "Positive", "value": "JD.Com", "start": 67, "label": "Positive" }, { "end": 117, "tag": "Positive", "value": "Alibaba Group Holding", "start": 96, "label": "Positive" } ] }, { "content": "The biggest macro force at play was the strong rally in U.S. stocks on Friday, after Citigroup's earnings beat and steadying iron ore and other commodity prices, said Henry Jennings, a senior analyst and portfolio manager at Marcustoday Financial Newsletter. [.N] ", "annotations": [ { "end": 94, "tag": "Positive", "value": "Citigroup", "start": 85, "label": "Positive" }, { "end": 263, "tag": "Neutral", "value": "Marcustoday Financial Newsletter", "start": 231, "label": "Neutral" } ] }, { "content": "Defensive groups considered safer bets in rocky economic times were the top-performing sectors. Among those groups, utilities <.SPLRCU>, consumer staples <.SPLRCS> and healthcare <.SPXHC> all rose over 1%.", "annotations": [ { "end": 178, "tag": "Positive", "value": "healthcare", "start": 168, "label": "Positive" }, { "end": 153, "tag": "Positive", "value": "consumer staples", "start": 137, "label": "Positive" }, { "end": 125, "tag": "Positive", "value": "utilities", "start": 116, "label": "Positive" } ] }, { "content": "Petroleo Brasileiro SA, as it is formally known, reported net profit of 46.1 billion reais ($9.01 billion), above the 43.37 billion reais forecast of analysts polled by Refinitiv.", "annotations": [ { "end": 22, "tag": "Positive", "value": "Petroleo Brasileiro SA", "start": 0, "label": "Positive" }, { "end": 178, "tag": "Neutral", "value": "Refinitiv", "start": 169, "label": "Neutral" } ] }, { "content": "Miners <.AXMM> rose about 1.1%, despite weaker iron ore prices, with index heavyweights such as Rio Tinto , BHP Group and Fortescue Metals gaining between 0.7% and 1.8%. ", "annotations": [ { "end": 125, "tag": "Positive", "value": "BHP Group", "start": 116, "label": "Positive" }, { "end": 6, "tag": "Positive", "value": "Miners", "start": 0, "label": "Positive" }, { "end": 155, "tag": "Positive", "value": "Fortescue Metals", "start": 139, "label": "Positive" }, { "end": 105, "tag": "Positive", "value": "Rio Tinto", "start": 96, "label": "Positive" } ] }, { "content": "It will also help HDFC Bank shrink the gap with state-run lender and bigger rival State Bank of India while boosting competition in the home loan space as people step up purchases with pandemic woes receding.", "annotations": [ { "end": 101, "tag": "Neutral", "value": "State Bank of India", "start": 82, "label": "Neutral" }, { "end": 27, "tag": "Positive", "value": "HDFC Bank", "start": 18, "label": "Positive" } ] }, { "content": "European fertilizer makers this month wowed investors, with Germany's K+S AG raising its full-year core profit forecast by 40%, while Norway's Yara International ASA posted a stronger-than-expected core profit even as it flagged higher natural gas costs. [nL5N2WB28C] [nL5N2WP25L]", "annotations": [ { "end": 176, "tag": "Positive", "value": "Yara International ASA", "start": 154, "label": "Positive" }, { "end": 76, "tag": "Positive", "value": "K+S AG", "start": 70, "label": "Positive" } ] }, { "content": "In January, Tesla reported record quarterly deliveries that far exceeded Wall Street estimates, riding out global chip shortages as it ramped up China production. It was the sixth consecutive quarter that the world's most valuable automaker posted record deliveries. [nL1N2TJ0ZM]", "annotations": [ { "end": 17, "tag": "Positive", "value": "Tesla", "start": 12, "label": "Positive" } ] }, { "content": "One of the first numbers investors look for in UBS earnings is \ufffd\ufffdnet new fee-generating assets\ufffd\ufffd, a measure of whether clients are pulling their cash or handing UBS more money to invest on their behalf. The good news is that the figure was positive in the second quarter, despite the market storm. The bad news is that, at just $400 million, it was far lower than the quarterly average of $18.6 billion since the start of 2020. UBS even lost $3.5 billion of assets in the Americas.", "annotations": [ { "end": 162, "tag": "Neutral", "value": "UBS", "start": 159, "label": "Neutral" }, { "end": 50, "tag": "Neutral", "value": "UBS", "start": 47, "label": "Neutral" }, { "end": 429, "tag": "Negative", "value": "UBS", "start": 426, "label": "Negative" } ] }, { "content": "In the UK, the FTSE 100 <.FTSE> index, which reopened following a long weekend, fell 0.4%. In France, BNP rose 4% after a sharp increase in trading activities helped the country's biggest lender top earnings growth expectations.", "annotations": [ { "end": 23, "tag": "Negative", "value": "FTSE 100", "start": 15, "label": "Negative" }, { "end": 105, "tag": "Positive", "value": "BNP", "start": 102, "label": "Positive" } ] }, { "content": "Edenred has benefited this year from staff shortages and rising inflation that have pushed employers to spend more on workers' benefits. Shares have climbed by more than 40%.", "annotations": [ { "end": 7, "tag": "Positive", "value": "Edenred", "start": 0, "label": "Positive" } ] }, { "content": "It raises its ratings on Hilton , Hyatt and Marriott to \"buy\", and even with the threat of a recession moving into 2023, the pace of recovery in the hotels industry means is significant enough for a strong RevPAR increases in 2023, and that this is not being fairly reflected in the share prices. ", "annotations": [ { "end": 65, "tag": "Positive", "value": "Marriott", "start": 57, "label": "Positive" }, { "end": 46, "tag": "Positive", "value": "Hyatt", "start": 41, "label": "Positive" }, { "end": 31, "tag": "Positive", "value": "Hilton", "start": 25, "label": "Positive" } ] }, { "content": "Lithia on Wednesday reported it doubled its first quarter net income compared to a year earlier as revenue rose by 54%. ", "annotations": [ { "end": 6, "tag": "Positive", "value": "Lithia", "start": 0, "label": "Positive" } ] }, { "content": "The earnings picture for S&P 500 <.SPX> companies brightened slightly on Friday, with Apple shares up more than 7% after it reported quarterly results late Thursday. ", "annotations": [ { "end": 32, "tag": "Positive", "value": "S&P 500", "start": 25, "label": "Positive" }, { "end": 91, "tag": "Positive", "value": "Apple", "start": 86, "label": "Positive" } ] }, { "content": "But then it became apparent this week that all of retail was not uniformly miserable, with companies including Nordstrom and Macy's releasing decent numbers and upbeat financial forecasts. Williams-Sonoma , up 13.9%, also beat quarterly revenue expectations on strong demand for its furniture and home improvement goods. [nL3N2XH3F0]", "annotations": [ { "end": 218, "tag": "Positive", "value": "Williams-Sonoma", "start": 203, "label": "Positive" }, { "end": 120, "tag": "Positive", "value": "Nordstrom", "start": 111, "label": "Positive" }, { "end": 139, "tag": "Positive", "value": "Macy's", "start": 133, "label": "Positive" } ] }, { "content": "Worsening the mood, Russian President Vladimir Putin put nuclear-armed forces on high alert on Sunday. [nL1N2V308I] Defense stocks L3Harris Technologies , Raytheon Technologies , Lockheed Martin Corp , General Dynamics Corp and Northrop Grumman jumped between 4.5% and 6.6% in premarket trading following news that Germany would increase its military spending. [nL4N2V33HQ]", "annotations": [ { "end": 247, "tag": "Positive", "value": "General Dynamics Corp", "start": 226, "label": "Positive" }, { "end": 186, "tag": "Positive", "value": "Raytheon Technologies", "start": 165, "label": "Positive" }, { "end": 275, "tag": "Positive", "value": "Northrop Grumman", "start": 259, "label": "Positive" }, { "end": 155, "tag": "Positive", "value": "L3Harris Technologies", "start": 134, "label": "Positive" }, { "end": 216, "tag": "Positive", "value": "Lockheed Martin Corp", "start": 196, "label": "Positive" } ] }, { "content": "Still, with the SPX's recent strength [nL1N2XN0PG] [nL1N2XO0MY], the measure has warmed up a bit and is now just over 30%. A rise to challenge just its March 2022 high, would put it closer to 60%. ", "annotations": [ { "end": 19, "tag": "Positive", "value": "SPX", "start": 16, "label": "Positive" } ] }, { "content": "\"While a rising unemployment rate may surprise the RBNZ, the labour market continues to generate employment that far exceeds the maximum sustainable level,\" Jarrod Kerr, chief economist at Kiwibank.", "annotations": [ { "end": 197, "tag": "Neutral", "value": "Kiwibank", "start": 189, "label": "Neutral" }, { "end": 55, "tag": "Neutral", "value": "RBNZ", "start": 51, "label": "Neutral" } ] }, { "content": "Peloton Interactive surged after the stationary bike company said it would sell its products on Amazon in a bid to boost sales that have dropped following the end of pandemic lockdowns. [nL4N3002M1]", "annotations": [ { "end": 111, "tag": "Neutral", "value": "Amazon", "start": 105, "label": "Neutral" }, { "end": 19, "tag": "Positive", "value": "Peloton Interactive", "start": 0, "label": "Positive" } ] }, { "content": "Data provider Refinitiv said average gas output in the U.S. Lower 48 states rose to 98.8 bcfd so far in September from a record 98.0 bcfd in August.", "annotations": [ { "end": 23, "tag": "Neutral", "value": "Refinitiv", "start": 14, "label": "Neutral" } ] }, { "content": "Results are being watched carefully: Kenya is the region's richest economy, a stable nation in a volatile region and a close Western ally that hosts regional headquarters for Alphabet , Visa and other international groups.", "annotations": [ { "end": 199, "tag": "Neutral", "value": "Visa", "start": 195, "label": "Neutral" }, { "end": 183, "tag": "Neutral", "value": "Alphabet", "start": 175, "label": "Neutral" } ] }, { "content": "Upbeat remarks by Chinese regulators about policy support and rising expectations among investors about easing of strict COVID-19 measures boosted sentiment in Asia. Chinese bluechips <.CSI300> and Hong Kong stocks <.HSI> gained 1.2% and 2.4% respectively.", "annotations": [ { "end": 214, "tag": "Positive", "value": "Hong Kong stocks", "start": 198, "label": "Positive" }, { "end": 183, "tag": "Positive", "value": "Chinese bluechips", "start": 166, "label": "Positive" } ] }, { "content": "Meta in July sought the opinion of its independent oversight board on changes to its current approach given the improvement in authentic information sources and general awareness around COVID.", "annotations": [ { "end": 4, "tag": "Neutral", "value": "Meta", "start": 0, "label": "Neutral" } ] }, { "content": "Amazon did not immediately comment on the RWDSU's plans to object or on the vote counts Thursday. The company has said it wants its employees' voices to be heard and that it is focused on continuing to make Amazon a great place to work.", "annotations": [ { "end": 6, "tag": "Neutral", "value": "Amazon", "start": 0, "label": "Neutral" }, { "end": 47, "tag": "Neutral", "value": "RWDSU", "start": 42, "label": "Neutral" }, { "end": 213, "tag": "Neutral", "value": "Amazon", "start": 207, "label": "Neutral" } ] }, { "content": "Apple has so far played this down, pointing out that it only has a small share of the ad market. Amazon.com and Alphabet\ufffd\ufffds Google are both bigger advertisers. Apple\ufffd\ufffds growth is flattered by coming from a small base, and the fact that the mobile ad market grew 27% last year. But the harder it is for firms to utilize data from iPhone apps when selling ads, the more valuable Apple\ufffd\ufffds own stash of user information becomes, which is no bad thing for its investors.", "annotations": [ { "end": 185, "tag": "Neutral", "value": "Apple", "start": 180, "label": "Neutral" }, { "end": 401, "tag": "Neutral", "value": "Apple", "start": 396, "label": "Neutral" }, { "end": 131, "tag": "Neutral", "value": "Alphabet", "start": 123, "label": "Neutral" }, { "end": 5, "tag": "Neutral", "value": "Apple", "start": 0, "label": "Neutral" }, { "end": 354, "tag": "Neutral", "value": "iPhone", "start": 348, "label": "Neutral" }, { "end": 109, "tag": "Neutral", "value": "Amazon.com", "start": 99, "label": "Neutral" }, { "end": 140, "tag": "Neutral", "value": "Google", "start": 134, "label": "Neutral" } ] }, { "content": "The former is helped out by the Netherlands' largest bank ING Groep which has rallied 5.5% after reporting Q3 results and rolling out a share buyback plan worth 1.5 billion euros ($1.46 billion).", "annotations": [ { "end": 67, "tag": "Positive", "value": "ING Groep", "start": 58, "label": "Positive" } ] }, { "content": "BlackRock Inc inched up 0.2% after posting a better-than-expected profit as the world's largest asset manager benefited from investors pouring money into its various index-traded and active funds. [nL3N2WB229]", "annotations": [ { "end": 13, "tag": "Positive", "value": "BlackRock Inc", "start": 0, "label": "Positive" }, { "end": 13, "tag": "Positive", "value": "BlackRock Inc", "start": 0, "label": "Positive" } ] }, { "content": "Uber Technologies surged after giving an upbeat fourth-quarter profit view that also lifted shares of its peers Lyft Inc and DoorDash .", "annotations": [ { "end": 17, "tag": "Positive", "value": "Uber Technologies", "start": 0, "label": "Positive" }, { "end": 129, "tag": "Positive", "value": "Lyft Inc", "start": 121, "label": "Positive" }, { "end": 151, "tag": "Positive", "value": "DoorDash", "start": 143, "label": "Positive" } ] }, { "content": " Others think higher yields will soon start luring investors into Treasuries. Joachim Fels, a managing director and global economic advisor at U.S. bond giant PIMCO, recently wrote that markets have already priced in future rate increases and \ufffd\ufffdabsolute yield levels appear much more attractive than they have for a long time.\ufffd\ufffd", "annotations": [ { "end": 164, "tag": "Neutral", "value": "PIMCO", "start": 159, "label": "Neutral" } ] }, { "content": " The IXIC has rallied 10% from its June low, while ending Tuesday at its highest level in about six weeks. With this, one measure of the Nasdaq's internal strength is also showing burgeoning strength:", "annotations": [ { "end": 143, "tag": "Positive", "value": "Nasdaq", "start": 137, "label": "Positive" }, { "end": 9, "tag": "Positive", "value": "IXIC", "start": 5, "label": "Positive" } ] }, { "content": "Among other stocks, semiconductor firms STMicroelectronics , BE Semiconductors , ASM International and ASML Holding gained between 1.8% and 3.1% after Samsung Electronics Co Ltd <005930.KS> posted its best April-June profit since 2018, underpinned by strong sales of memory chips to server customers. [nL1N2YN2M9]", "annotations": [ { "end": 142, "tag": "Positive", "value": "ASML Holding", "start": 130, "label": "Positive" }, { "end": 86, "tag": "Positive", "value": "BE Semiconductors", "start": 69, "label": "Positive" }, { "end": 115, "tag": "Positive", "value": "ASM International", "start": 98, "label": "Positive" }, { "end": 58, "tag": "Positive", "value": "STMicroelectronics", "start": 40, "label": "Positive" }, { "end": 214, "tag": "Positive", "value": "Samsung Electronics Co Ltd", "start": 188, "label": "Positive" } ] }, { "content": "United Airlines Holdings Inc gained 6.5% after the carrier lifted its current-quarter revenue forecast, boosting shares of Delta Air , American Airlines and Spirit Airlines . [nL2N2X82JX]", "annotations": [ { "end": 140, "tag": "Positive", "value": "Delta Air", "start": 131, "label": "Positive" }, { "end": 28, "tag": "Positive", "value": "United Airlines Holdings Inc", "start": 0, "label": "Positive" }, { "end": 167, "tag": "Positive", "value": "American Airlines", "start": 150, "label": "Positive" }, { "end": 195, "tag": "Positive", "value": "Spirit Airlines", "start": 180, "label": "Positive" } ] }, { "content": "Tencent Music posted quarterly revenue growth, lifting its shares more than 2%. Smartphone maker Xiaomi <1810.HK> delivered a bigger-than-expected rise in fourth-quarter revenue, sending its local shares up 6%. [nL3N2VO39R][nL2N2VP0MS]", "annotations": [ { "end": 13, "tag": "Positive", "value": "Tencent Music", "start": 0, "label": "Positive" }, { "end": 111, "tag": "Positive", "value": "Xiaomi", "start": 105, "label": "Positive" } ] }, { "content": "The former is helped out by the Netherlands' largest bank ING Groep which has rallied 5.5% after reporting Q3 results and rolling out a share buyback plan worth 1.5 billion euros ($1.46 billion).", "annotations": [ { "end": 67, "tag": "Positive", "value": "ING Groep", "start": 58, "label": "Positive" } ] }, { "content": "Intel Corp jumped 10.7% after cutting its spending forecast, while T-Mobile US Inc's subscriber forecast hike sent its shares up 7.4%.", "annotations": [ { "end": 91, "tag": "Positive", "value": "T-Mobile US Inc", "start": 76, "label": "Positive" }, { "end": 10, "tag": "Positive", "value": "Intel Corp", "start": 0, "label": "Positive" } ] }, { "content": "But, according to John Vail, Chief Global Strategist, Nikko Asset Management, overall, BOJ was \ufffd\ufffdrelatively dovish,\ufffd\ufffd even if \ufffd\ufffdcoupled with a moderately more positive outlook for the economy.\ufffd\ufffd", "annotations": [ { "end": 90, "tag": "Neutral", "value": "BOJ", "start": 87, "label": "Neutral" }, { "end": 76, "tag": "Neutral", "value": "Nikko Asset Management", "start": 54, "label": "Neutral" } ] }, { "content": "Cyber security companies, such as Immuta, Axonius and Securonix, have attracted investor interest recently due to strong demand for their services as businesses adopt a hybrid work model globally due to the COVID-19 pandemic.", "annotations": [ { "end": 49, "tag": "Positive", "value": "Axonius", "start": 42, "label": "Positive" }, { "end": 63, "tag": "Positive", "value": "Securonix", "start": 54, "label": "Positive" }, { "end": 40, "tag": "Positive", "value": "Immuta", "start": 34, "label": "Positive" } ] }, { "content": "Tesla is now China's third best-selling EV maker after BYD Motor <002594.SZ> and SAIC-GM-Wuling <600104.SS>, and is the only foreign player in the top 15 list published by the China Passenger Car Association. ", "annotations": [ { "end": 64, "tag": "Neutral", "value": "BYD Motor", "start": 55, "label": "Neutral" }, { "end": 213, "tag": "Neutral", "value": "China Passenger Car Association", "start": 182, "label": "Neutral" }, { "end": 5, "tag": "Positive", "value": "Tesla", "start": 0, "label": "Positive" }, { "end": 95, "tag": "Neutral", "value": "SAIC-GM-Wuling", "start": 81, "label": "Neutral" } ] }, { "content": "Meanwhile, specialty chemicals firm Aether Industries closed 20.6% higher in its market debut after its $104 million initial public offering received a strong investor response. ($1 = 77.4300 Indian rupees) (Reporting by Chris Thomas in Bengaluru; Editing by Sherry Jacob-Phillips and Aditya Soni) ((chris.thomas@thomsonreuters.com; +91-80-6749-8695;))", "annotations": [ { "end": 53, "tag": "Positive", "value": "Aether Industries", "start": 36, "label": "Positive" } ] }, { "content": "The investors last year shot to fame when they banded together on online forums to fuel gains in highly-shorted GameStop and AMC Entertainment and others that cost hedge funds billions of dollars.", "annotations": [ { "end": 150, "tag": "Positive", "value": "AMC Entertainment", "start": 133, "label": "Positive" }, { "end": 120, "tag": "Positive", "value": "GameStop", "start": 112, "label": "Positive" } ] }, { "content": "Last week, Biren, a company founded by alumni of Nvidia and Alibaba, unveiled a 7nm chip that experts say marks notable progress for China's chip sector.", "annotations": [ { "end": 55, "tag": "Neutral", "value": "Nvidia", "start": 49, "label": "Neutral" }, { "end": 16, "tag": "Positive", "value": "Biren", "start": 11, "label": "Positive" }, { "end": 67, "tag": "Neutral", "value": "Alibaba", "start": 60, "label": "Neutral" } ] }, { "content": "With cooler autumn-like weather coming, Refinitiv projected average U.S. gas demand, including exports, would rise from 88.9 bcfd this week to 89.8 bcfd next week. The forecast for this week was higher than Refinitiv's outlook on Monday, but the forecast for next week was lower.", "annotations": [ { "end": 216, "tag": "Neutral", "value": "Refinitiv", "start": 207, "label": "Neutral" }, { "end": 49, "tag": "Neutral", "value": "Refinitiv", "start": 40, "label": "Neutral" } ] }, { "content": "BofA's report follows a 16% rebound in the Philadelphia Semiconductor Index <.SOX> from its March 14 low through Thursday, helped by a broad recovery in growth stocks. With the SOX dropping 1.4% on Friday, the highly volatile index remains down about 14% from its record high close last December.", "annotations": [ { "end": 75, "tag": "Positive", "value": "Philadelphia Semiconductor Index", "start": 43, "label": "Positive" }, { "end": 180, "tag": "Negative", "value": "SOX", "start": 177, "label": "Negative" }, { "end": 4, "tag": "Neutral", "value": "BofA", "start": 0, "label": "Neutral" } ] }, { "content": "Recently, IRB's successive monthly losses led analysts to raise alerts on its capital sufficiency, with Citi and Genial Investimentos saying the company would likely need a capital increase. [nL1N2Y91OL]", "annotations": [ { "end": 13, "tag": "Negative", "value": "IRB", "start": 10, "label": "Negative" }, { "end": 133, "tag": "Neutral", "value": "Genial Investimentos", "start": 113, "label": "Neutral" }, { "end": 108, "tag": "Neutral", "value": "Citi", "start": 104, "label": "Neutral" } ] }, { "content": "Apple , whose shares fell about 22% in the second quarter, is due to report results July 28, while results for Alphabet , whose shares also dropped 22% last quarter, are expected July 26.", "annotations": [ { "end": 127, "tag": "Negative", "value": "Alphabet", "start": 119, "label": "Negative" }, { "end": 5, "tag": "Negative", "value": "Apple", "start": 0, "label": "Negative" } ] }, { "content": "With colder weather coming, Refinitiv projected average U.S. gas demand, including exports, would jump from 115.1 bcfd this week to 126.1 bcfd next week. Those forecasts were lower than Refinitiv's outlook on Monday.", "annotations": [ { "end": 37, "tag": "Neutral", "value": "Refinitiv", "start": 28, "label": "Neutral" }, { "end": 195, "tag": "Neutral", "value": "Refinitiv", "start": 186, "label": "Neutral" } ] }, { "content": "Germany could take a stake of more than 30% in Uniper over concerns about its credit rating, business daily Handelsblatt reported on Thursday, citing several people familiar with the matter. [nL8N2YO51U]", "annotations": [ { "end": 120, "tag": "Neutral", "value": "Handelsblatt", "start": 108, "label": "Neutral" }, { "end": 53, "tag": "Neutral", "value": "Uniper", "start": 47, "label": "Neutral" } ] }, { "content": "Adbri fell 19% to top losses on the index, after the building materials maker said its chief executive officer Nick Miller will resign, and flagged continued earnings hit due to extreme rainfall and higher costs. ", "annotations": [ { "end": 5, "tag": "Negative", "value": "Adbri", "start": 0, "label": "Negative" } ] }, { "content": "\"This is a big deal,\" said King Lip, chief strategist at Baker Avenue Asset Management in San Francisco. \"We have been calling the peak of inflation for the last couple of months and just have been incredibly frustrated that it hasn\ufffd\ufffdt shown up in the data. For the first time, it has actually shown up in the data.\" ", "annotations": [ { "end": 86, "tag": "Neutral", "value": "Baker Avenue Asset Management", "start": 57, "label": "Neutral" } ] }, { "content": "In the spot market, next-day power for Monday at the Mid-Columbia hub in the Pacific Northwest dropped to 30 cents per megawatt hour, its lowest since June 2020, due to an over abundance of cheap hydropower that is causing other power plants to reduce output.", "annotations": [ { "end": 69, "tag": "Negative", "value": "Mid-Columbia hub", "start": 53, "label": "Negative" } ] }, { "content": "Those investments have caused concern for some who are pushing to limit where U.S. capital can be invested overseas, said Matt Ocko, managing partner of Silicon Valley venture capital firm DCVC. His firm is a major investor in companies that work closely with the U.S. defense and intelligence communities. \"It's not acceptable for major pools of U.S. capital to fund AI chips and other PRC (Chinese) military tech that threatens U.S. national security.\" ", "annotations": [ { "end": 193, "tag": "Neutral", "value": "DCVC", "start": 189, "label": "Neutral" } ] }, { "content": "American Airlines fell about 3.84%, while United Airlines Holdings , Southwest Airlines and Delta Air Lines fell between 3.54% and 4.37%. ", "annotations": [ { "end": 130, "tag": "Negative", "value": "Delta Air Lines", "start": 115, "label": "Negative" }, { "end": 17, "tag": "Negative", "value": "American Airlines", "start": 0, "label": "Negative" }, { "end": 74, "tag": "Negative", "value": "United Airlines Holdings", "start": 50, "label": "Negative" }, { "end": 102, "tag": "Negative", "value": "Southwest Airlines", "start": 84, "label": "Negative" } ] }, { "content": "Shares of Tesla, the world's most valuable automaker, fell more than 9% since he disclosed his more than 9% stake in Twitter last Monday. On Thursday, Tesla's stock fell 3.7%. ", "annotations": [ { "end": 15, "tag": "Negative", "value": "Tesla", "start": 10, "label": "Negative" }, { "end": 124, "tag": "Neutral", "value": "Twitter", "start": 117, "label": "Neutral" }, { "end": 156, "tag": "Negative", "value": "Tesla", "start": 151, "label": "Negative" } ] }, { "content": "Both companies shifted spending from the business on Wednesday, dragging Ford into a net loss with a non-cash pretax impairment of $2.7 billion.", "annotations": [ { "end": 77, "tag": "Negative", "value": "Ford", "start": 73, "label": "Negative" } ] }, { "content": "* FULLER: Fuller, Smith & Turner warned that the global energy crisis would significantly raise its expected full-year costs for gas and electricity.[nL4N30R1H0]", "annotations": [ { "end": 32, "tag": "Neutral", "value": "Fuller, Smith & Turner", "start": 10, "label": "Neutral" } ] }, { "content": "Zoom Video Communications Inc tumbled 11.7% after the company cut its annual profit and revenue forecasts. [nL4N2ZY39F] (Reporting by Bansari Mayur Kamdar and Devik Jain in Bengaluru; Editing by Sriraj Kalluvila and Shounak Dasgupta) ((BansariMayur.Kamdar@thomsonreuters.com; Twitter: @BansariKamdar ", "annotations": [ { "end": 29, "tag": "Negative", "value": "Zoom Video Communications Inc", "start": 0, "label": "Negative" } ] }, { "content": "Short interest in cannabis stocks continues to tumble, with the shorting of Tilray Brands Inc and Canopy Growth Corp. making up more than half of the short selling, says the latest research from S3 Partners.", "annotations": [ { "end": 93, "tag": "Negative", "value": "Tilray Brands Inc", "start": 76, "label": "Negative" }, { "end": 223, "tag": "Neutral", "value": "S3 Partners", "start": 212, "label": "Neutral" }, { "end": 125, "tag": "Negative", "value": "Canopy Growth Corp", "start": 107, "label": "Negative" } ] }, { "content": "According to Refinitiv data, the combined net profits of top global banks including Morgan Stanley , JPMorgan Chase & Co and Citigroup Inc are expected to fall 2% in the March quarter, compared with the cumulative profits in the December quarter.", "annotations": [ { "end": 126, "tag": "Negative", "value": "JPMorgan Chase & Co", "start": 107, "label": "Negative" }, { "end": 152, "tag": "Negative", "value": "Citigroup Inc", "start": 139, "label": "Negative" }, { "end": 98, "tag": "Negative", "value": "Morgan Stanley", "start": 84, "label": "Negative" }, { "end": 22, "tag": "Neutral", "value": "Refinitiv", "start": 13, "label": "Neutral" } ] }, { "content": "The Biden administration has criticized China for preventing Boeing purchases. U.S. Commerce Secretary Gina Raimondo said last year that the Chinese government was preventing its domestic airlines from buying \"tens of billions of dollars\" of Boeing airplanes.", "annotations": [ { "end": 67, "tag": "Neutral", "value": "Boeing", "start": 61, "label": "Neutral" }, { "end": 248, "tag": "Neutral", "value": "Boeing", "start": 242, "label": "Neutral" } ] }, { "content": "The number of U.S. workers filing first-time applications for unemployment benefits was essentially unchanged last week, inching down by 1,000 to 217,000, according to the Labor Department.", "annotations": [ { "end": 200, "tag": "Neutral", "value": "Labor Department", "start": 184, "label": "Neutral" } ] }, { "content": "Meanwhile, Walt Disney , Comcast and SeaWorld Entertainment saw their shares drop on Tuesday after they announced temporary closures at their Orlando theme parks. [nL4N30Y3F0]", "annotations": [ { "end": 76, "tag": "Negative", "value": "SeaWorld Entertainment", "start": 54, "label": "Negative" }, { "end": 22, "tag": "Negative", "value": "Walt Disney", "start": 11, "label": "Negative" }, { "end": 39, "tag": "Negative", "value": "Comcast", "start": 32, "label": "Negative" } ] }, { "content": "The 12% fall in Carlyle\ufffd\ufffds earnings to be distributed to shareholders from the same three-month stretch in 2021, to $644 million, kept pace. KKR\ufffd\ufffds fell 11% while Blackstone\ufffd\ufffds slumped 16%. In Carlyle\ufffd\ufffds core corporate private equity business, proceeds from sales tumbled a steep 32%, but Blackstone\ufffd\ufffds comparable portfolio suffered an 85% hit in the quarter. ", "annotations": [ { "end": 212, "tag": "Negative", "value": "Carlyle", "start": 205, "label": "Negative" }, { "end": 310, "tag": "Negative", "value": "Blackstone", "start": 300, "label": "Negative" }, { "end": 23, "tag": "Negative", "value": "Carlyle", "start": 16, "label": "Negative" }, { "end": 179, "tag": "Negative", "value": "Blackstone", "start": 169, "label": "Negative" }, { "end": 143, "tag": "Negative", "value": "KKR", "start": 140, "label": "Negative" } ] }, { "content": "Double digit share drop for Nordic Semi after its Q3 update, while Boliden , Allfunds and Nokia are all falling over 5% post-results. ", "annotations": [ { "end": 83, "tag": "Negative", "value": "Boliden", "start": 76, "label": "Negative" }, { "end": 123, "tag": "Negative", "value": "Nokia", "start": 118, "label": "Negative" }, { "end": 39, "tag": "Negative", "value": "Nordic Semi", "start": 28, "label": "Negative" }, { "end": 102, "tag": "Negative", "value": "Allfunds", "start": 94, "label": "Negative" } ] }, { "content": "Germany-based footwear maker Adidas AG cut its earnings target for the year due to a slow recovery for its business in China. [nASM000KRE]", "annotations": [ { "end": 38, "tag": "Negative", "value": "Adidas AG", "start": 29, "label": "Negative" } ] }, { "content": "The Austin and Berlin plants are likely to remain a drag on results until they attain higher utilization rates, but expect volumes to rebound strongly in the second half of the year, Garrett Nelson, senior equity analyst at CFRA Research, said. ", "annotations": [ { "end": 237, "tag": "Neutral", "value": "CFRA Research", "start": 224, "label": "Neutral" } ] }, { "content": "A class action lawsuit was filed on Thursday against Twitter by its employees, who argued the company was conducting mass layoffs without providing the required 60-day advance notice, in violation of federal and California law.", "annotations": [ { "end": 60, "tag": "Negative", "value": "Twitter", "start": 53, "label": "Negative" } ] }, { "content": "But the inflows have lagged industrials year-to-date, a proxy for lower-emission energy, while actively managed funds and ESG funds are still very underweight energy, BofA said.", "annotations": [ { "end": 171, "tag": "Neutral", "value": "BofA", "start": 167, "label": "Neutral" } ] }, { "content": "A Moscow court labeled Meta Platforms Inc an \"extremist organisation,\" upholding a decision to ban Facebook in Russia. Meta's shares dropped 2.3%.", "annotations": [ { "end": 114, "tag": "Negative", "value": "Facebook", "start": 106, "label": "Negative" }, { "end": 41, "tag": "Negative", "value": "Meta Platforms Inc", "start": 23, "label": "Negative" }, { "end": 130, "tag": "Negative", "value": "Meta", "start": 126, "label": "Negative" } ] }, { "content": "Nvidia rose 2.8% after the chipmaker gave a weaker-than-expected quarterly forecast that many investors viewed as signaling the worst of a sales downturn may be over. That drove a 2.9% rally in the Philadelphia semiconductor index <.SOX>. [nL4N3003BJ]", "annotations": [ { "end": 6, "tag": "Positive", "value": "Nvidia", "start": 0, "label": "Positive" }, { "end": 239, "tag": "Positive", "value": "Philadelphia semiconductor index", "start": 207, "label": "Positive" } ] }, { "content": " Investment banks such as Goldman Sachs and Citi have been keeping busy this week, updating their models, highlighting heightened risks of a U.S. recession and fuelling further nervousness across global markets in the process. ", "annotations": [ { "end": 39, "tag": "Neutral", "value": "Goldman Sachs", "start": 26, "label": "Neutral" }, { "end": 48, "tag": "Neutral", "value": "Citi", "start": 44, "label": "Neutral" } ] }, { "content": "Stocks on Wall Street are down on Friday after a jobs report showed the U.S. labor market remains tight and will keep the Federal Reserve on track to sharply tighten monetary policy to cool the economy as it fights to lower inflation.", "annotations": [ { "end": 137, "tag": "Neutral", "value": "Federal Reserve", "start": 122, "label": "Neutral" } ] }, { "content": "Though the dollar index is down about 2% from its recent high, 85% of analysts polled by Reuters said the dollar's broad strength against a basket of currencies has not yet reached an inflection point. ", "annotations": [ { "end": 96, "tag": "Neutral", "value": "Reuters", "start": 89, "label": "Neutral" } ] }, { "content": "Shares in Harbour Energy , the largest producer of UK oil & gas, are down 7.6% on Friday, while EnQuest shares are lower by 9.5%. ", "annotations": [ { "end": 24, "tag": "Negative", "value": "Harbour Energy", "start": 10, "label": "Negative" }, { "end": 110, "tag": "Negative", "value": "EnQuest", "start": 103, "label": "Negative" } ] }, { "content": "\"Soaring energy and food prices, coupled with falling stock prices, are a toxic combination for consumers' sentiment,\" notes Ian Shepherdson, chief economist at Pantheon Macroeconomics.", "annotations": [ { "end": 184, "tag": "Neutral", "value": "Pantheon Macroeconomics", "start": 161, "label": "Neutral" } ] }, { "content": "Okta has been criticized for its reaction to the hack, especially as it emerged that the company either had known - or could have known - that there was a problem much earlier.", "annotations": [ { "end": 4, "tag": "Negative", "value": "Okta", "start": 0, "label": "Negative" } ] }, { "content": "One of them is former Israeli policeman Aviram Azari, who was arrested by the FBI in 2019. He recently pleaded guilty in New York to wire fraud, identity theft and hacking-related charges after hiring Indian spies to target \ufffd\ufffda large number\ufffd\ufffd of people, including New York hedge fund employees, prosecutors said in a court filing.", "annotations": [ { "end": 81, "tag": "Neutral", "value": "FBI", "start": 78, "label": "Neutral" } ] }, { "content": "CarMax Inc slumped 23.72% after the used-car retailer missed expectations for second-quarter results, hurt by consumers cutting spending amid inflation, rising interest rates and higher car prices.", "annotations": [ { "end": 10, "tag": "Negative", "value": "CarMax Inc", "start": 0, "label": "Negative" } ] }, { "content": "However, thanks to vaccine rollouts and the spread of the less severe Omicron strain of COVID-19, life is returning to normal in many countries, leaving companies like Netflix and Peloton struggling to sustain high sales figures.", "annotations": [ { "end": 175, "tag": "Negative", "value": "Netflix", "start": 168, "label": "Negative" }, { "end": 187, "tag": "Negative", "value": "Peloton", "start": 180, "label": "Negative" } ] }, { "content": "\"Companies are reporting increasing headwinds from the rising cost of living, tightening financial conditions \ufffdC notably higher borrowing costs \ufffdC and weakened demand across both home and export markets,\" writes Chris Williamson, chief business economist at S&P Global. ", "annotations": [ { "end": 266, "tag": "Neutral", "value": "S&P Global", "start": 256, "label": "Neutral" } ] }, { "content": "But some bankers feel the ECB's approval process for buybacks is too onerous, industry sources said, adding to their frustration at the ECB's decision to shelve subsidised loans and perceived intrusiveness in operational decisions.", "annotations": [ { "end": 29, "tag": "Neutral", "value": "ECB", "start": 26, "label": "Neutral" }, { "end": 139, "tag": "Neutral", "value": "ECB", "start": 136, "label": "Neutral" } ] }, { "content": "The downbeat outlook and a worrying earnings report from Nordic Semiconductor sparked a sell-off in the chip sector, with ASM International , ASML Holding and Aixtron falling between 0.7% and 1%.", "annotations": [ { "end": 194, "tag": "Negative", "value": "Aixtron", "start": 187, "label": "Negative" }, { "end": 77, "tag": "Negative", "value": "Nordic Semiconductor", "start": 57, "label": "Negative" }, { "end": 172, "tag": "Negative", "value": "ASML Holding", "start": 160, "label": "Negative" }, { "end": 148, "tag": "Negative", "value": "ASM International", "start": 131, "label": "Negative" } ] }, { "content": "Meanwhile, Finnish telecom equipment maker Nokia and rival Ericsson reported weaker-than-expected earnings, bruised by ongoing patent battles which pressured margins and offset strong demand for 5G equipment.", "annotations": [ { "end": 78, "tag": "Negative", "value": "Ericsson", "start": 70, "label": "Negative" }, { "end": 48, "tag": "Negative", "value": "Nokia", "start": 43, "label": "Negative" } ] }, { "content": "Investors are also nervously awaiting an impending deadline for the end of the Bank of England's emergency bond-buying programme, after the central bank stepped in last month to buy bonds to relieve pressure in the two trillion pound UK pensions sector.", "annotations": [ { "end": 94, "tag": "Neutral", "value": "Bank of England", "start": 79, "label": "Neutral" } ] }, { "content": "The departures have hit oil service providers and contractors the hardest, said the Venezuelan Petroleum Chamber, whose members fell to 300 from 500 in the last four years.", "annotations": [ { "end": 112, "tag": "Negative", "value": "Venezuelan Petroleum Chamber", "start": 84, "label": "Negative" } ] }, { "content": "\"The concern is that rates will rise too much and slow the economy or push it into a recession,\" said Matt O'Connor, an analyst at Deutsche Bank, wrote in a research note.", "annotations": [ { "end": 144, "tag": "Neutral", "value": "Deutsche Bank", "start": 131, "label": "Neutral" } ] }, { "content": "Ford and Volvo Cars [GEELY.UL] have publicly supported the plan, and Volkswagen aims to stop selling combustion engine cars in Europe by 2035. But industry groups including the European Automobile Manufacturers' Association have opposed the 2035 target, citing concerns including the uncertain rollout of chargers. ", "annotations": [ { "end": 85, "tag": "Neutral", "value": "Volkswagen", "start": 75, "label": "Neutral" }, { "end": 25, "tag": "Neutral", "value": "Volvo Cars", "start": 15, "label": "Neutral" }, { "end": 4, "tag": "Neutral", "value": "Ford", "start": 0, "label": "Neutral" }, { "end": 241, "tag": "Neutral", "value": "European Automobile Manufacturers' Association", "start": 195, "label": "Neutral" } ] }, { "content": "\"Since the modern era of politics began in 1832, it's quite without precedent to see so much churn and instability,\" Anthony Seldon, a historian and political biographer, told Sky News.", "annotations": [ { "end": 184, "tag": "Neutral", "value": "Sky News", "start": 176, "label": "Neutral" } ] }, { "content": "Brian Overby, senior markets strategist at Ally Financial notes that investors might be inclined to sell their shares and get out. In fact, he adds that millennials have reduced their stock holdings in the last year more than any other generation.", "annotations": [ { "end": 57, "tag": "Neutral", "value": "Ally Financial", "start": 43, "label": "Neutral" } ] }, { "content": "Among the mega-caps, Apple Inc , Microsoft Corp and Tesla Inc were some of the biggest losers as investors dumped so-called growth stocks that drove much of the stock-market rally in the past two years.", "annotations": [ { "end": 55, "tag": "Negative", "value": "Microsoft Corp", "start": 41, "label": "Negative" }, { "end": 78, "tag": "Negative", "value": "Tesla Inc", "start": 69, "label": "Negative" }, { "end": 30, "tag": "Negative", "value": "Apple Inc", "start": 21, "label": "Negative" } ] }, { "content": "\"Incremental impulse in core too looks weak, particularly with global goods prices falling,\" Neelkanth Mishra, research analyst at Credit Suisse, said in a note. (Reporting by Nimesh Vora; Editing by Neha Arora) ((nimesh.vora@tr.com))", "annotations": [ { "end": 144, "tag": "Neutral", "value": "Credit Suisse", "start": 131, "label": "Neutral" } ] }, { "content": "Nio Inc fell 4.2% after the Chinese electric vehicle maker reported wider second-quarter adjusted net loss compared with a year earlier. [nL4N30E2BA]", "annotations": [ { "end": 7, "tag": "Negative", "value": "Nio Inc", "start": 0, "label": "Negative" } ] }, { "content": "Shares of Goldman Sachs Group Inc dropped 4%, while other major Wall Street lenders fell over 3% each. Tesla Inc dropped 5.9% to lead losses among the mega-cap growth names.", "annotations": [ { "end": 119, "tag": "Negative", "value": "Tesla Inc", "start": 110, "label": "Negative" }, { "end": 33, "tag": "Negative", "value": "Goldman Sachs Group Inc", "start": 10, "label": "Negative" } ] }, { "content": "\"It\ufffd\ufffds very rare that I have seen such a misguided combination of policy and policy communications as the new Tory government delivered,\" former U.S. Treasury Secretary Larry Summers said at Citi's investment conference in Sydney.", "annotations": [ { "end": 194, "tag": "Neutral", "value": "Citi", "start": 190, "label": "Neutral" } ] }, { "content": "Worries over the global economy deepened after chipmakers Samsung <005930.KS> and AMD flagged a slump in demand, blaming inflation, higher interest rates and the impact of Russia's invasion of Ukraine. European chipmakers Infineon, STMicroelectronics and ASML fell in tandem.", "annotations": [ { "end": 238, "tag": "Negative", "value": "Infineon", "start": 230, "label": "Negative" }, { "end": 85, "tag": "Negative", "value": "AMD", "start": 82, "label": "Negative" }, { "end": 267, "tag": "Negative", "value": "ASML", "start": 263, "label": "Negative" }, { "end": 258, "tag": "Negative", "value": "STMicroelectronics", "start": 240, "label": "Negative" }, { "end": 65, "tag": "Negative", "value": "Samsung", "start": 58, "label": "Negative" } ] }, { "content": "\"I expect GDP in the euro zone to contract in the third quarter but not as much as these retail sales or PMI data suggest,\" said Holger Schmieding at Berenberg.", "annotations": [ { "end": 159, "tag": "Neutral", "value": "Berenberg", "start": 150, "label": "Neutral" } ] }, { "content": "Biden's Inflation Reduction Act (IRA), which grants the tax credits, also aims to cement U.S. firms such as Tesla and General Motors as industry leaders and prevent the use of China-derived battery components and critical minerals. ", "annotations": [ { "end": 113, "tag": "Positive", "value": "Tesla", "start": 108, "label": "Positive" }, { "end": 141, "tag": "Positive", "value": "General Motors", "start": 127, "label": "Positive" } ] }, { "content": "eBay is expected to report a fall in quarter revenue, in the face of an increasingly challenging competitive landscape and macro environment.", "annotations": [ { "end": 4, "tag": "Negative", "value": "eBay", "start": 0, "label": "Negative" } ] }, { "content": "The company's studio segment reported revenues of $3.1 billion, down 5% from a year earlier. The company had fewer movie releases than a year ago. Its networks segment, which includes TBS, Discovery Channel and Food Network, reported revenue of $5.2 billion, down 8% compared with a year ago. ", "annotations": [ { "end": 187, "tag": "Negative", "value": "TBS", "start": 184, "label": "Negative" }, { "end": 206, "tag": "Negative", "value": "Discovery Channel", "start": 189, "label": "Negative" }, { "end": 223, "tag": "Negative", "value": "Food Network", "start": 211, "label": "Negative" } ] }, { "content": "U.S. accounting firms that agree to lead audits of New York-listed Chinese and Hong Kong companies looking to avoid potential trading bans risk breaching U.S. rules, the U.S. Securities and Exchange Commission (SEC) warned on Tuesday. [nL1N30D1Q9] ", "annotations": [ { "end": 209, "tag": "Neutral", "value": "U.S. Securities and Exchange Commission", "start": 170, "label": "Neutral" } ] }, { "content": "JPMorgan Chase & Co tumbled 5.3% on reporting weaker performance at its trading arm, even as it beat earnings expectations for the fourth quarter.", "annotations": [ { "end": 19, "tag": "Negative", "value": "JPMorgan Chase & Co", "start": 0, "label": "Negative" } ] }, { "content": "But BCA says inflationary pressures remain relatively tame in Japan. The headline index grew 2.6% year-on-year in July -- significantly lower than other developed market economies where inflation rates are closer to double digits. ", "annotations": [ { "end": 7, "tag": "Neutral", "value": "BCA", "start": 4, "label": "Neutral" } ] }, { "content": "JPMorgan shares were down 2.8% in afternoon trading. Other bank stocks also fell. Citigroup and Bank of America were both down 0.9%. ", "annotations": [ { "end": 111, "tag": "Negative", "value": "Bank of America", "start": 96, "label": "Negative" }, { "end": 8, "tag": "Negative", "value": "JPMorgan", "start": 0, "label": "Negative" }, { "end": 91, "tag": "Negative", "value": "Citigroup", "start": 82, "label": "Negative" } ] }, { "content": "Nvidia is down 2.3% on Thursday, while AMD is losing almost 2%. The two companies are down 19% and 29%, respectively, year-to-date.", "annotations": [ { "end": 6, "tag": "Negative", "value": "Nvidia", "start": 0, "label": "Negative" }, { "end": 42, "tag": "Negative", "value": "AMD", "start": 39, "label": "Negative" } ] }, { "content": "The Dow Jones Industrial Average <.DJI> fell 107.1 points, or 0.35%, to 30,076.68, the S&P 500 <.SPX> lost 31.94 points, or 0.84%, to 3,757.99 and the Nasdaq Composite <.IXIC> dropped 153.39 points, or 1.37%, to 11,066.81.", "annotations": [ { "end": 94, "tag": "Negative", "value": "S&P 500", "start": 87, "label": "Negative" }, { "end": 32, "tag": "Negative", "value": "Dow Jones Industrial Average", "start": 4, "label": "Negative" }, { "end": 167, "tag": "Negative", "value": "Nasdaq Composite", "start": 151, "label": "Negative" } ] }, { "content": "S&P Global's South Africa PMI survey released on Thursday showed domestic private sector activity contracted in September as increased power cuts led to the sharpest declines this year in both output and sales. [nZRN00593P] ", "annotations": [ { "end": 10, "tag": "Neutral", "value": "S&P Global", "start": 0, "label": "Neutral" } ] }, { "content": "June 2 (Reuters) - Microsoft Corp on Thursday cut its fourth-quarter forecast for profit and revenue, citing a hit from a stronger dollar, sending the tech giant's shares down 3%.", "annotations": [ { "end": 15, "tag": "Neutral", "value": "Reuters", "start": 8, "label": "Neutral" }, { "end": 33, "tag": "Negative", "value": "Microsoft Corp", "start": 19, "label": "Negative" } ] }, { "content": "The top 10 holdings of the fund, including Roku Inc and Coinbase , are down in the range of 50% to 76% in the past 12 months, with the exception of Tesla, which has risen 25% over the past year.", "annotations": [ { "end": 170, "tag": "Positive", "value": "Tesla", "start": 165, "label": "Positive" }, { "end": 51, "tag": "Negative", "value": "Roku Inc", "start": 43, "label": "Negative" }, { "end": 73, "tag": "Negative", "value": "Coinbase", "start": 65, "label": "Negative" } ] }, { "content": "\"For the moment, disruptions to oil supply are taking a back seat to concerns of weaker demand,\" ANZ analysts said in a note.", "annotations": [ { "end": 100, "tag": "Neutral", "value": "ANZ", "start": 97, "label": "Neutral" } ] }, { "content": "Shares of Germany's biggest importer of Russian gas Uniper dropped 11%, while its Finnish parent Fortum dipped 8.9% and utility PNE slipped 4.1%. [nL8N30C11S]", "annotations": [ { "end": 58, "tag": "Negative", "value": "Uniper", "start": 52, "label": "Negative" }, { "end": 113, "tag": "Negative", "value": "Fortum", "start": 107, "label": "Negative" }, { "end": 153, "tag": "Negative", "value": "PNE", "start": 150, "label": "Negative" } ] }, { "content": "As the key holiday shopping period gets under way and with Black Friday just days away, U.S. Google searches for electronics is behind the pace of prior years, writes Jessica Rabe, co-founder of DataTrek, in a research note Tuesday. \"Despite strong jobs and wage growth, high inflation is crimping Americans' holiday budgets,\" Rabe writes.", "annotations": [ { "end": 99, "tag": "Neutral", "value": "Google", "start": 93, "label": "Neutral" }, { "end": 203, "tag": "Neutral", "value": "DataTrek", "start": 195, "label": "Neutral" } ] }, { "content": "Local Energy stocks <.AXEJ> skid 1.4% on lower oil prices, with oil and gas major Woodside Energy and Santos dropping about 1% and 1.6%, respectively. [O/R]", "annotations": [ { "end": 19, "tag": "Negative", "value": "Local Energy stocks", "start": 0, "label": "Negative" }, { "end": 117, "tag": "Negative", "value": "Santos", "start": 111, "label": "Negative" }, { "end": 97, "tag": "Negative", "value": "Woodside Energy", "start": 82, "label": "Negative" } ] }, { "content": "Asset managers such as BlackRock and abrdn are halting purchases of Russian securities or plan to reduce existing holdings as western governments impose tough sanctions on Russia.", "annotations": [ { "end": 42, "tag": "Neutral", "value": "abrdn", "start": 37, "label": "Neutral" }, { "end": 32, "tag": "Neutral", "value": "BlackRock", "start": 23, "label": "Neutral" } ] }, { "content": "Rival Activision Blizzard Inc also missed market estimates for sales last week, while Electronic Arts Inc lowered its annual sales projection as fewer gamers picked up its new titles. [nL4N2UE32C] [nL4N2UC2XB]", "annotations": [ { "end": 29, "tag": "Negative", "value": "Rival Activision Blizzard Inc", "start": 0, "label": "Negative" }, { "end": 114, "tag": "Negative", "value": "Electronic Arts Inc", "start": 95, "label": "Negative" } ] }, { "content": "\ufffd\ufffdWe are concerned that the ECB might underestimate the impact on the activity of tightening financial conditions already in train and the pipeline,\ufffd\ufffd Unicredit analysts say. ", "annotations": [ { "end": 30, "tag": "Neutral", "value": "ECB", "start": 27, "label": "Neutral" }, { "end": 158, "tag": "Neutral", "value": "Unicredit", "start": 149, "label": "Neutral" } ] }, { "content": "Wednesday's sell-off saw the S&P 500 <.SPX> close down 4% on the day, 17.7% for the year-to-date and down 18.2% from its Jan. 3 record close. [.N] ", "annotations": [ { "end": 36, "tag": "Negative", "value": "S&P 500", "start": 29, "label": "Negative" } ] }, { "content": "Morgan Stanley also lowered its forecast for India's fiscal 2022/23 growth to 7.2% from 7.6% earlier this week, citing weakening global trade. [nL4N2YZ0ZB] (Reporting by Anushka Trivedi; Editing by Sonali Desai) ((anushka.Trivedi@thomsonreuters.com; twitter @anushkat96))", "annotations": [ { "end": 14, "tag": "Neutral", "value": "Morgan Stanley", "start": 0, "label": "Neutral" } ] }, { "content": "Global equities pulled off two-year lows on Wednesday, after the Bank of England said it would step into the bond market to stem a damaging rise in borrowing costs, dampening investor fears of contagion across the financial system. ", "annotations": [ { "end": 80, "tag": "Neutral", "value": "Bank of England", "start": 65, "label": "Neutral" } ] }, { "content": "The STOXX 600 pulled back to slide 0.3% in morning trading with tech leading fallers, after a violent reaction to a disappointing outlook from Facebook parent Meta and downbeat guidance from STM .", "annotations": [ { "end": 13, "tag": "Negative", "value": "STOXX 600", "start": 4, "label": "Negative" }, { "end": 151, "tag": "Negative", "value": "Facebook", "start": 143, "label": "Negative" }, { "end": 163, "tag": "Negative", "value": "Meta", "start": 159, "label": "Negative" }, { "end": 203, "tag": "Negative", "value": "STM", "start": 200, "label": "Negative" } ] }, { "content": "* Santhera posted an operating loss of 25.5 million Swiss francs in the first half of 2022, versus a loss of 19.5 million in the year-ago period. [SANN.S]", "annotations": [ { "end": 10, "tag": "Negative", "value": "Santhera", "start": 2, "label": "Negative" } ] }, { "content": "Bed Bath & Beyond Inc tumbled 23.6% following the retailer's announcement that it had replaced chief executive officer Mark Tritton, hoping to reverse a slump. [nL4N2YG2C9]", "annotations": [ { "end": 21, "tag": "Negative", "value": "Bed Bath & Beyond Inc", "start": 0, "label": "Negative" } ] }, { "content": "In Qatar, the benchmark <.QSI> retreated 1.2%, ending 12 consecutive sessions of gains, weighed down by a 2.6% fall in Qatar Islamic Bank .", "annotations": [ { "end": 137, "tag": "Negative", "value": "Qatar Islamic Bank", "start": 119, "label": "Negative" } ] }, { "content": "Additionally, AAII says that the breakpoint between typical and unusually low spread readings is now \ufffdC10.9%. \"The bull-bear spread has also tied its second-longest streak of negative readings as sentiment has remained in favor of bears for the 22nd week in a row.\" ", "annotations": [ { "end": 18, "tag": "Neutral", "value": "AAII", "start": 14, "label": "Neutral" } ] }, { "content": "\ufffd\ufffdWe believe that demand has weakened considerably and we've seen that even in the areas that have been significantly constrained,\" Nikolay Todorov, analyst at Longbow Research, said. \ufffd\ufffdMicron will essentially start or signal that the semiconductor cycle is turning.\ufffd\ufffd", "annotations": [ { "end": 175, "tag": "Neutral", "value": "Longbow Research", "start": 159, "label": "Neutral" }, { "end": 190, "tag": "Neutral", "value": "Micron", "start": 184, "label": "Neutral" } ] }, { "content": "\"I don't think the Fed is going stop raising rates. If you look at the inflation numbers, they are really high, but they will come down,\" said Gregory Faranello, head of U.S. rates at AmeriVet Securities in New York.", "annotations": [ { "end": 203, "tag": "Neutral", "value": "AmeriVet Securities", "start": 184, "label": "Neutral" }, { "end": 22, "tag": "Neutral", "value": "Fed", "start": 19, "label": "Neutral" } ] }, { "content": "The contract manufacturer added that J&J had failed to provide required forecasts for the amount of vaccines it needed and had wound down the agreement instead of fulfilling minimum requirements. ", "annotations": [ { "end": 40, "tag": "Negative", "value": "J&J", "start": 37, "label": "Negative" } ] }, { "content": "The probe had prompted the largest solar trade group to cut its installation forecasts for this year and next by 46% as developers including NextEra Energy Inc , Southern Co warned of major project delays [nL2N2WQ31O].", "annotations": [ { "end": 159, "tag": "Negative", "value": "NextEra Energy Inc", "start": 141, "label": "Negative" }, { "end": 180, "tag": "Negative", "value": "Southern Co", "start": 169, "label": "Negative" } ] }, { "content": "The Dow Jones Industrial Average <.DJI> fell 58.13 points, or 0.18%, to 32,774.41, while the S&P 500 <.SPX> lost 17.59 points, or 0.42%, to 4,122.47 and the Nasdaq Composite <.IXIC> dropped 150.53 points, or 1.19%, to 12,493.93.", "annotations": [ { "end": 32, "tag": "Negative", "value": "Dow Jones Industrial Average", "start": 4, "label": "Negative" }, { "end": 173, "tag": "Negative", "value": "Nasdaq Composite", "start": 157, "label": "Negative" }, { "end": 100, "tag": "Negative", "value": "S&P 500", "start": 93, "label": "Negative" } ] }, { "content": "Both the LME and ShFE, where stocks are even more depleted, are struggling to price simultaneously a growing global nickel surplus and a tight Class I supply chain. ", "annotations": [ { "end": 12, "tag": "Negative", "value": "LME", "start": 9, "label": "Negative" }, { "end": 21, "tag": "Negative", "value": "ShFE", "start": 17, "label": "Negative" } ] }, { "content": "The setback will be an added challenge for CEO-designate Thomas Schinecker, Roche's head of diagnostics, who will be promoted in March. He will replace Severin Schwan, the chief executive who has led a successful campaign to diversify away from Roche's traditional focus on cancer.", "annotations": [ { "end": 250, "tag": "Neutral", "value": "Roche", "start": 245, "label": "Neutral" }, { "end": 81, "tag": "Neutral", "value": "Roche", "start": 76, "label": "Neutral" } ] }, { "content": "It also coincided with the global PC industry coming off the pandemic-fuelled sales boom and the war in Ukraine, prompting several companies from chipmakers to electronics manufacturers such as Intel and Samsung <005930.KS> to warn of a sharp slowdown in demand. [nL4N2Z947R][nL1N2Z83N6]", "annotations": [ { "end": 199, "tag": "Negative", "value": "Intel", "start": 194, "label": "Negative" }, { "end": 220, "tag": "Negative", "value": "Samsung", "start": 213, "label": "Negative" } ] }, { "content": "In corporate news, earnings releases looked mixed. Healthcare stocks could be in demand after drugmakers GSK and Novo Nordisk, and dental-implants maker Straumann all raised their 2022 outlooks. Gains in the sector could be curbed though by a profit warning from hearing-aid maker Demant. ", "annotations": [ { "end": 108, "tag": "Positive", "value": "GSK", "start": 105, "label": "Positive" }, { "end": 125, "tag": "Positive", "value": "Novo Nordisk", "start": 113, "label": "Positive" }, { "end": 287, "tag": "Negative", "value": "Demant", "start": 281, "label": "Negative" }, { "end": 162, "tag": "Positive", "value": "Straumann", "start": 153, "label": "Positive" } ] }, { "content": "Affirm said on Thursday it expects full-year 2023 revenue between $1.63 billion and $1.73 billion, below Wall Street views of $1.9 billion, according to Refinitiv data.", "annotations": [ { "end": 6, "tag": "Negative", "value": "Affirm", "start": 0, "label": "Negative" }, { "end": 162, "tag": "Neutral", "value": "Refinitiv", "start": 153, "label": "Neutral" } ] }, { "content": "BitChute and Odysee are hardly the only sites spreading misinformation. Social media giants such as Facebook and YouTube have also struggled to contain such content, but they have responded with more aggressive moderation policies and practices.", "annotations": [ { "end": 108, "tag": "Negative", "value": "Facebook", "start": 100, "label": "Negative" }, { "end": 8, "tag": "Negative", "value": "BitChute", "start": 0, "label": "Negative" }, { "end": 19, "tag": "Negative", "value": "Odysee", "start": 13, "label": "Negative" }, { "end": 120, "tag": "Negative", "value": "YouTube", "start": 113, "label": "Negative" } ] }, { "content": "Most rate-sensitive growth stocks such as Microsoft Corp , Twitter Inc , Amazon.com , Apple Inc , and Tesla Inc were down between 0.1% and 0.2% in premarket trading.", "annotations": [ { "end": 56, "tag": "Negative", "value": "Microsoft Corp", "start": 42, "label": "Negative" }, { "end": 143, "tag": "Negative", "value": "Tesla Inc", "start": 134, "label": "Negative" }, { "end": 78, "tag": "Negative", "value": "Twitter Inc", "start": 67, "label": "Negative" }, { "end": 99, "tag": "Negative", "value": "Amazon.com", "start": 89, "label": "Negative" }, { "end": 119, "tag": "Negative", "value": "Apple Inc", "start": 110, "label": "Negative" } ] }, { "content": " Carvana also \"failed to accurately predict how this would all play out and the impact it would have on our business,\" added CNBC, which first reported the job cuts, citing the memo. ", "annotations": [ { "end": 11, "tag": "Negative", "value": "Carvana", "start": 4, "label": "Negative" }, { "end": 132, "tag": "Neutral", "value": "CNBC", "start": 128, "label": "Neutral" } ] }, { "content": "The trouble is that banks typically start moving into new areas when markets are booming. Advisers to special-purpose acquisition companies were a hot commodity in 2019 and 2020, for example. But investment banks are ruthless, and recently, Goldman and Citigroup said they were hitting pause on their SPAC businesses as the market pulled back. ", "annotations": [ { "end": 248, "tag": "Neutral", "value": "Goldman", "start": 241, "label": "Neutral" }, { "end": 262, "tag": "Neutral", "value": "Citigroup", "start": 253, "label": "Neutral" } ] }, { "content": "Tesla Inc dropped 7.2% to a two-year low after Chief Executive Elon Musk late on Tuesday disclosed that he sold $3.95 billion worth of shares in the electric-vehicle maker days after he closed the $44 billion deal for Twitter Inc.", "annotations": [ { "end": 238, "tag": "Neutral", "value": "Twitter Inc", "start": 227, "label": "Neutral" }, { "end": 9, "tag": "Negative", "value": "Tesla Inc", "start": 0, "label": "Negative" } ] }, { "content": "Megacap stocks such as Apple Inc and Tesla rose about 1% in premarket trading. Rising interest rates have hurt shares of the mega-cap growth companies as their valuations rely more heavily on future earnings. ", "annotations": [ { "end": 32, "tag": "Positive", "value": "Apple Inc", "start": 23, "label": "Positive" }, { "end": 51, "tag": "Positive", "value": "Tesla", "start": 46, "label": "Positive" } ] }, { "content": "\ufffd\ufffdWe do not believe that central banks will be able to raise rates to the extent that they or the market forecasts given the headwinds to already moderating economic growth,\" said Steve Ellis, global CIO of fixed income at Fidelity International. ", "annotations": [ { "end": 244, "tag": "Neutral", "value": "Fidelity International", "start": 222, "label": "Neutral" } ] }, { "content": "\"You also have the contagion element. The IMF and the U.S. Treasury waded in yesterday in fear of global contagion from gilts to other markets,\" he said. ", "annotations": [ { "end": 45, "tag": "Neutral", "value": "IMF", "start": 42, "label": "Neutral" }, { "end": 67, "tag": "Neutral", "value": "U.S. Treasury", "start": 54, "label": "Neutral" } ] }, { "content": "Euro zone banks tightened access to credit in the second quarter and will continue to be cautious, a survey by the European Central Bank showed. [nL1N2Z20BK]", "annotations": [ { "end": 136, "tag": "Neutral", "value": "European Central Bank", "start": 115, "label": "Neutral" } ] }, { "content": " The sweeping rules have hit chip stocks, with the Philadelphia Semiconductor Index (.SOX) falling nearly 6% by the end of the day. American semiconductor equipment makers Lam Research Corp , Applied Materials Inc and KLA Corp were all down more than 4%. ", "annotations": [ { "end": 192, "tag": "Negative", "value": "Lam Research Corp", "start": 175, "label": "Negative" }, { "end": 246, "tag": "Negative", "value": "KLA Corp", "start": 238, "label": "Negative" }, { "end": 86, "tag": "Negative", "value": "Philadelphia Semiconductor Index", "start": 54, "label": "Negative" }, { "end": 224, "tag": "Negative", "value": "Applied Materials Inc", "start": 203, "label": "Negative" } ] }, { "content": "And on the recent price action in stocks, Barclays says the tentative calm in rates and the dollar, along with oversold technicals, may offer some respite to equities. ", "annotations": [ { "end": 50, "tag": "Neutral", "value": "Barclays", "start": 42, "label": "Neutral" } ] }, { "content": "The 10-year JGB yield fell 0.5 basis point to 0.200% and the 20-year JGB yield fell 1.5 basis points to 0.820%.", "annotations": [ { "end": 21, "tag": "Negative", "value": "10-year JGB yield", "start": 4, "label": "Negative" }, { "end": 93, "tag": "Negative", "value": "20-year JGB yield", "start": 76, "label": "Negative" } ] }, { "content": "The news knocked down the stock of telehealth leader Teladoc Health Inc by 8% in morning trading. Shares of drugstore retailers CVS Health and Walgreens Boots Alliance fell over 2%.", "annotations": [ { "end": 184, "tag": "Negative", "value": "Walgreens Boots Alliance", "start": 160, "label": "Negative" }, { "end": 147, "tag": "Negative", "value": "CVS Health", "start": 137, "label": "Negative" }, { "end": 71, "tag": "Negative", "value": "Teladoc Health Inc", "start": 53, "label": "Negative" } ] }, { "content": "In years gone by, they have contended with a perception that China, associated with cheap mass-production, could not compete on quality. Yet such arguments are challenged in a new reality that sees top Western carmakers like BMW and Tesla now produce cars in the country, which is a technology powerhouse and the world's biggest auto market. ", "annotations": [ { "end": 228, "tag": "Neutral", "value": "BMW", "start": 225, "label": "Neutral" }, { "end": 238, "tag": "Neutral", "value": "Tesla", "start": 233, "label": "Neutral" } ] }, { "content": "U.S. retailer Walmart Inc cut its profit forecast on Monday and said customers were paring back discretionary purchases as inflation bites household budgets. Shares fell 10% after hours and rivals Target and Amazon also slid. [nL4N2Z63A4]", "annotations": [ { "end": 211, "tag": "Negative", "value": "Target", "start": 205, "label": "Negative" }, { "end": 25, "tag": "Negative", "value": "Walmart Inc", "start": 14, "label": "Negative" }, { "end": 230, "tag": "Negative", "value": "Amazon", "start": 224, "label": "Negative" } ] }, { "content": "Even if those small-time users drift away, revenue wouldn\ufffd\ufffdt fall proportionately. Based on that lower value-per-account, even if Robinhood lost one in five of its more recreational users, all else being equal, the company\ufffd\ufffds overall top line would fall by just 4%. Robinhood could offset that by growing the revenue its average top-end user brings in by 5%.", "annotations": [ { "end": 138, "tag": "Neutral", "value": "Robinhood", "start": 129, "label": "Neutral" }, { "end": 273, "tag": "Neutral", "value": "Robinhood", "start": 264, "label": "Neutral" } ] }, { "content": "MSCI's global stock index <.MIWD00000PUS> was down 0.08%, while the STOXX <.STOXX> index of European company shares shed 0.4%, having fallen for nearly a week. The benchmark is about 11% off its record high of Jan. 4.", "annotations": [ { "end": 25, "tag": "Negative", "value": "MSCI's global stock index", "start": 0, "label": "Negative" }, { "end": 73, "tag": "Negative", "value": "STOXX", "start": 68, "label": "Negative" } ] }, { "content": "Shares in RWE , Germany's largest power producer and one of the companies potentially affected, were 1.5% lower following the news.", "annotations": [ { "end": 13, "tag": "Negative", "value": "RWE", "start": 10, "label": "Negative" } ] }, { "content": "Last month, China's market regulator imposed the latest fines on Tencent and Alibaba as well as a range of other firms for failing to comply with anti-monopoly rules on the disclosure of transactions. [nL4N2YV0WT]", "annotations": [ { "end": 84, "tag": "Negative", "value": "Alibaba", "start": 77, "label": "Negative" }, { "end": 72, "tag": "Negative", "value": "Tencent", "start": 65, "label": "Negative" } ] }, { "content": "\"A further fall in business activity in November adds to the chances of the euro zone economy slipping into recession,\" said Chris Williamson, chief business economist at S&P Global Market Intelligence.", "annotations": [ { "end": 201, "tag": "Neutral", "value": "S&P Global Market Intelligence", "start": 171, "label": "Neutral" } ] }, { "content": "The other six \"FANGMAN\" stocks Meta Platforms , Nvidia , Netflix , Amazon.com , Microsoft and Alphabet are down between 24% to 64% so far this year.", "annotations": [ { "end": 62, "tag": "Negative", "value": "Nvidia", "start": 56, "label": "Negative" }, { "end": 121, "tag": "Negative", "value": "Microsoft", "start": 112, "label": "Negative" }, { "end": 80, "tag": "Negative", "value": "Netflix", "start": 73, "label": "Negative" }, { "end": 45, "tag": "Negative", "value": "Meta Platforms", "start": 31, "label": "Negative" }, { "end": 143, "tag": "Negative", "value": "Alphabet", "start": 135, "label": "Negative" }, { "end": 101, "tag": "Negative", "value": "Amazon.com", "start": 91, "label": "Negative" } ] }, { "content": "Jaret Seiberg at Cowen Washington Research Group likewise said it was hard \"to see companies changing their behavior\" in response to the 1% tax. There is a risk, though, that taxing dividends becomes an \"easy way to raise additional money\" and that Congress raises the 1% in future, he added. ", "annotations": [ { "end": 257, "tag": "Neutral", "value": "Congress", "start": 249, "label": "Neutral" }, { "end": 48, "tag": "Neutral", "value": "Cowen Washington Research Group", "start": 17, "label": "Neutral" } ] }, { "content": "The resulting fire sale in stocks caused large losses at banks including Credit Suisse Group AG and Nomura Holdings Inc <8604.T>.", "annotations": [ { "end": 95, "tag": "Negative", "value": "Credit Suisse Group AG", "start": 73, "label": "Negative" }, { "end": 128, "tag": "Negative", "value": "Nomura Holdings Inc", "start": 109, "label": "Negative" } ] }, { "content": "What kicked stress into overdrive was the arrest last month of property tycoon Truong My Lan, chairwoman of Ho Chi Minh City-based developer Van Thinh Phat Holdings Group, over suspected bond-market fraud.", "annotations": [ { "end": 170, "tag": "Negative", "value": "Van Thinh Phat Holdings Group", "start": 141, "label": "Negative" } ] }, { "content": "On Monday, the NSE Nifty 50 index <.NSEI> fell 1.8% to 17,016.30, while the S&P BSE Sensex <.BSESN> dropped 1.6% to 57,145.22.", "annotations": [ { "end": 90, "tag": "Negative", "value": "S&P BSE Sensex", "start": 76, "label": "Negative" }, { "end": 33, "tag": "Negative", "value": "NSE Nifty 50 index", "start": 15, "label": "Negative" } ] }, { "content": "Can it last? China's COVID lockdown policies are bound to impact the economy and company profits. Banks, notably Deutsche, have warned of a hit to full-year results if the Russia war drags on [nL5N2WP12S].", "annotations": [ { "end": 121, "tag": "Neutral", "value": "Deutsche", "start": 113, "label": "Neutral" } ] }, { "content": "\"Anything that is priced in dollars has gone up 14% in dollar terms this year and that imported inflation is a problem for inflation and a squeeze in consumers,\" he told Reuters.", "annotations": [ { "end": 177, "tag": "Neutral", "value": "Reuters", "start": 170, "label": "Neutral" } ] }, { "content": "Earnings estimates are in decline as normally happens as a quarter progresses, but the recent trend is surprisingly much weaker than normal, says Jonathan Golub, the chief U.S. equity strategist at Credit Suisse. ", "annotations": [ { "end": 211, "tag": "Neutral", "value": "Credit Suisse", "start": 198, "label": "Neutral" } ] }, { "content": "While most of the debt-laden companies will remain afloat in the short term, they will have to adjust to higher borrowing costs moving forward. Jeremy Burton, portfolio manager for high-yield bonds and leveraged loans at asset manager PineBridge Investments, said this will be an adjustment many companies will struggle with. ", "annotations": [ { "end": 257, "tag": "Neutral", "value": "PineBridge Investments", "start": 235, "label": "Neutral" } ] }, { "content": "\"Given all the negativity we've been dealing with for the last several weeks, this is at least initially an exhale of relief that commentary wasn't far more hawkish,\" said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles.", "annotations": [ { "end": 244, "tag": "Neutral", "value": "Wedbush Securities", "start": 226, "label": "Neutral" } ] }, { "content": "Binance, the world's biggest crypto exchange, said late on Wednesday that it had decided not to acquire smaller rival FTX, which has grappled with a severe liquidity crunch and warned it faces bankruptcy without more capital. ", "annotations": [ { "end": 121, "tag": "Negative", "value": "FTX", "start": 118, "label": "Negative" }, { "end": 7, "tag": "Neutral", "value": "Binance", "start": 0, "label": "Neutral" } ] }, { "content": "Six of the 11 major S&P 500 sectors were higher, with gainers led by communication services <.SPLRCL>, while Materials <.SPLRCM> and consumer discretionary <.SPNY> were the biggest decliners. Growth <.IVG> and value <.IVX> indexes were both choppy, while small caps <.RUT> and Dow Transports <.DJT> were lower and semiconductors <.SOX> underperformed. ", "annotations": [ { "end": 328, "tag": "Negative", "value": "semiconductors", "start": 314, "label": "Negative" }, { "end": 198, "tag": "Neutral", "value": "Growth", "start": 192, "label": "Neutral" }, { "end": 27, "tag": "Neutral", "value": "S&P 500", "start": 20, "label": "Neutral" }, { "end": 27, "tag": "Positive", "value": "S&P 500", "start": 20, "label": "Positive" }, { "end": 265, "tag": "Negative", "value": "small caps", "start": 255, "label": "Negative" }, { "end": 291, "tag": "Negative", "value": "Dow Transports", "start": 277, "label": "Negative" }, { "end": 118, "tag": "Negative", "value": "Materials", "start": 109, "label": "Negative" }, { "end": 155, "tag": "Negative", "value": "consumer discretionary", "start": 133, "label": "Negative" }, { "end": 91, "tag": "Positive", "value": "communication services", "start": 69, "label": "Positive" }, { "end": 215, "tag": "Neutral", "value": "value", "start": 210, "label": "Neutral" } ] }, { "content": "Other social media companies were also expected to fall hard when trading resumes, including Twitter , Pinterest and Spotify , which also gave a disappointing update and has been beset by a COVID-19 vaccination misinformation dispute. [nL1N2UD2OG]", "annotations": [ { "end": 120, "tag": "Negative", "value": "Pinterest", "start": 111, "label": "Negative" }, { "end": 141, "tag": "Negative", "value": "Spotify", "start": 134, "label": "Negative" }, { "end": 100, "tag": "Negative", "value": "Twitter", "start": 93, "label": "Negative" } ] }, { "content": "Shares of U.S. casino operators Las Vegas Sands , Wynn Resorts and Melco Resorts fell between 7% and 11% after Macau shuttered all casinos to contain its worst COVID outbreak since the health crisis began. [nL1N2YS01R]", "annotations": [ { "end": 96, "tag": "Negative", "value": "Melco Resorts", "start": 83, "label": "Negative" }, { "end": 69, "tag": "Negative", "value": "Wynn Resorts", "start": 57, "label": "Negative" }, { "end": 47, "tag": "Negative", "value": "Las Vegas Sands", "start": 32, "label": "Negative" } ] }, { "content": "- A Texas jury on Tuesday found Charter Communications Inc liable for $7 billion in punitive damages after finding the cable company responsible for one of its employees who robbed and killed a customer three years ago. ", "annotations": [ { "end": 58, "tag": "Negative", "value": "Charter Communications Inc", "start": 32, "label": "Negative" } ] }, { "content": "Among companies reporting results, Take-Two Interactive Software Inc plunged 16.6% premarket after the videogame publisher lowered its annual sales outlook, while ride-hailing firm Lyft Inc dropped 16.3% on forecasting current-quarter revenue below Wall Street estimates.", "annotations": [ { "end": 198, "tag": "Negative", "value": "Lyft Inc", "start": 190, "label": "Negative" }, { "end": 68, "tag": "Negative", "value": "Take-Two Interactive Software Inc", "start": 35, "label": "Negative" } ] }, { "content": "The news made some investors skeptical that a deal was imminent, which supported oil prices, said Phil Flynn, an analyst at Price Futures group in Chicago.", "annotations": [ { "end": 143, "tag": "Neutral", "value": "Price Futures group", "start": 124, "label": "Neutral" } ] }, { "content": "The bank lowered its demand growth forecasts for this year and next. It forecasts Brent crude prices at $110 a barrel in the third quarter and WTI at $107.50, each $20 lower than their previous forecast. ", "annotations": [ { "end": 146, "tag": "Negative", "value": "WTI", "start": 143, "label": "Negative" }, { "end": 93, "tag": "Negative", "value": "Brent crude", "start": 82, "label": "Negative" } ] }, { "content": "British home prices slowed in May for a third month in a row, mortgage lender Halifax said on Wednesday, and price growth was the smallest since January [nL8N2XV0YA].", "annotations": [ { "end": 85, "tag": "Neutral", "value": "Halifax", "start": 78, "label": "Neutral" } ] }, { "content": "- U.S. President Joe Biden has been accused of unfairly penalising political rival Elon Musk by dropping an $885 million contract awarded to his satellite company Starlink. ", "annotations": [ { "end": 171, "tag": "Negative", "value": "Starlink", "start": 163, "label": "Negative" } ] }, { "content": "Supply cuts also lent support. BP and Chevron said on Monday they had shut production at offshore platforms in the Gulf of Mexico as Hurricane Ian approached. [nL1N30X1XO]", "annotations": [ { "end": 45, "tag": "Neutral", "value": "Chevron", "start": 38, "label": "Neutral" }, { "end": 33, "tag": "Neutral", "value": "BP", "start": 31, "label": "Neutral" } ] }, { "content": "In terms of single stocks, Dutch medical equipment maker Philips is the worse performer, down more than 10% after reporting a worse-than-expected drop in second-quarter core earnings, citing supply shortages and lockdowns in China. [nL1N2Z5097]", "annotations": [ { "end": 64, "tag": "Negative", "value": "Philips", "start": 57, "label": "Negative" } ] }, { "content": "\"We're seeing economic conditions deteriorate in China, the United States and Europe. That's definitely weighing on Asian manufacturing activity,\" said Toru Nishihama, chief economist at Dai-ichi Life Research Institute.", "annotations": [ { "end": 219, "tag": "Neutral", "value": "Dai-ichi Life Research Institute", "start": 187, "label": "Neutral" } ] }, { "content": "United Airlines posted a lower-than-expected quarterly profit, while American Airlines said cost pressure would remain elevated in the current quarter. [nL4N2Z131H] [nL4N2Z22JH] (Reporting by Shreyashi Sanyal and Aniruddha Ghosh in Bengaluru; Additional reporting by Medha Singh Editing by Arun Koyyur) ((Shreyashi.Sanyal@thomsonreuters.com; +1 646 223 8780; +91 961 144 3740; Twitter: ", "annotations": [ { "end": 15, "tag": "Negative", "value": "United Airlines", "start": 0, "label": "Negative" }, { "end": 86, "tag": "Negative", "value": "American Airlines", "start": 69, "label": "Negative" } ] }, { "content": "\"A 50 bps hike from the (Reserve Bank of Australia) next week is all but a foregone conclusion \ufffdC the main risk is for a larger hike,\" they added. ", "annotations": [ { "end": 50, "tag": "Neutral", "value": "Reserve Bank of Australia", "start": 25, "label": "Neutral" } ] }, { "content": "After channelling some 120 billion pounds in profit to the Treasury over 13 years, the Bank of England last month incurred its first loss for the public finance since it launched its QE programme in 2009 - a 156 million pound monthly loss from its bond portfolio versus interest paid on reserves. ", "annotations": [ { "end": 102, "tag": "Negative", "value": "Bank of England", "start": 87, "label": "Negative" } ] }, { "content": "Twitter Inc shed 1.8% in premarket trading as it reported a surprise fall in revenue, while Snap's shares plunged 32.4% a day after the Snapchat owner missed revenue targets and declined to make a forecast. [nL4N2Z32E4] [nL1N2Z22MN]", "annotations": [ { "end": 105, "tag": "Negative", "value": "Snap", "start": 101, "label": "Negative" }, { "end": 11, "tag": "Negative", "value": "Twitter Inc", "start": 0, "label": "Negative" }, { "end": 162, "tag": "Negative", "value": "Snapchat", "start": 154, "label": "Negative" } ] }, { "content": "The U.S. congressional elections posed a fresh test for social media companies, which for years have struggled to balance free expression against amplifying potentially harmful commentary. Though company policies enable them to restrict misinformation, enforcement has been spotty, and the recent upheaval at Twitter has put it under particular scrutiny.", "annotations": [ { "end": 316, "tag": "Neutral", "value": "Twitter", "start": 309, "label": "Neutral" } ] }, { "content": "Energy price woes are back at the forefront, stoking recession fears and yesterday prompting Citi to warn UK inflation could hit 18.6% in January [nL8N2ZY3GV]. ", "annotations": [ { "end": 97, "tag": "Neutral", "value": "Citi", "start": 93, "label": "Neutral" } ] }, { "content": "Around 120,000 Italian service sector firms could go out of business over the next ten months due to surging energy costs, with the loss of 370,000 jobs, business lobby Confcommercio said on Wednesday. [L1N3071RS]", "annotations": [ { "end": 182, "tag": "Neutral", "value": "Confcommercio", "start": 169, "label": "Neutral" } ] }, { "content": "The CGT union, France's second-largest, is seeking to scale up the movement and calls for nationwide industrial action across sectors which could hamper parts of the country's infrastructure this autumn. ", "annotations": [ { "end": 13, "tag": "Neutral", "value": "CGT union", "start": 4, "label": "Neutral" } ] }, { "content": "At 10:01 a.m. ET, the Dow Jones Industrial Average <.DJI> was up 124.32 points, or 0.39%, at 31,961.06, the S&P 500 <.SPX> was down 13.71 points, or 0.36%, at 3,845.40, and the Nasdaq Composite <.IXIC> was down 149.98 points, or 1.34%, at 11,049.14.", "annotations": [ { "end": 193, "tag": "Negative", "value": "Nasdaq Composite", "start": 177, "label": "Negative" }, { "end": 115, "tag": "Negative", "value": "S&P 500", "start": 108, "label": "Negative" }, { "end": 50, "tag": "Positive", "value": "Dow Jones Industrial Average", "start": 22, "label": "Positive" } ] }, { "content": "Shares in Persimmon , Britain's second-largest housebuilder, dropped more than 7% after it warned on 2023 profit margins as UK house prices deteriorated and its sales rate slipped.", "annotations": [ { "end": 19, "tag": "Negative", "value": "Persimmon", "start": 10, "label": "Negative" } ] }, { "content": "Some Washington-based senior Twitter executives, worried the expansion of its China business could backfire on the company, pushed for sales to Chinese government-affiliated accounts to be curbed altogether during the administration of former U.S. President Donald Trump as tensions with Beijing worsened in 2020, according to two sources.", "annotations": [ { "end": 36, "tag": "Neutral", "value": "Twitter", "start": 29, "label": "Neutral" } ] }, { "content": "The agreement between the Organization of Petroleum Exporting Countries (OPEC) and allies including Russia, a group known collectively as OPEC+, comes ahead of a European Union embargo on Russian oil and would squeeze supplies in an already tight market, adding to inflation. [nL1N3160AJ]", "annotations": [ { "end": 176, "tag": "Neutral", "value": "European Union", "start": 162, "label": "Neutral" }, { "end": 143, "tag": "Neutral", "value": "OPEC+", "start": 138, "label": "Neutral" }, { "end": 71, "tag": "Neutral", "value": "Organization of Petroleum Exporting Countries", "start": 26, "label": "Neutral" } ] }, { "content": "Shares of megacap tech and other growth companies such as Tesla Amazon.com and Alphabet were down between 0.3% and 1.4%.", "annotations": [ { "end": 84, "tag": "Negative", "value": "Amazon.com", "start": 74, "label": "Negative" }, { "end": 63, "tag": "Negative", "value": "Tesla", "start": 58, "label": "Negative" }, { "end": 106, "tag": "Negative", "value": "Alphabet", "start": 98, "label": "Negative" } ] }, { "content": " The headwinds facing Netflix pummeled other video streaming-related stocks, with Roku dropping over 6%, Walt Disney falling 5% and Warner Bros Discovery down 3.5%.", "annotations": [ { "end": 29, "tag": "Negative", "value": "Netflix", "start": 22, "label": "Negative" }, { "end": 170, "tag": "Negative", "value": "Warner Bros Discovery", "start": 149, "label": "Negative" }, { "end": 125, "tag": "Negative", "value": "Walt Disney", "start": 114, "label": "Negative" }, { "end": 86, "tag": "Negative", "value": "Roku", "start": 82, "label": "Negative" } ] }, { "content": "Investor pessimism is at its worst since the 2008 crisis, a Bank of America survey showed this week, leading some to start thinking that opportunities may soon emerge. [nL4N2Z0266]", "annotations": [ { "end": 75, "tag": "Neutral", "value": "Bank of America", "start": 60, "label": "Neutral" } ] }, { "content": " If Mobileye's debut is received well, it may embolden other big names such as Instacart, Reddit and ServiceTitan, which postponed their IPOs earlier this year until the market improves. ", "annotations": [ { "end": 91, "tag": "Neutral", "value": "Instacart", "start": 82, "label": "Neutral" }, { "end": 15, "tag": "Neutral", "value": "Mobileye", "start": 7, "label": "Neutral" }, { "end": 99, "tag": "Neutral", "value": "Reddit", "start": 93, "label": "Neutral" }, { "end": 116, "tag": "Neutral", "value": "ServiceTitan", "start": 104, "label": "Neutral" } ] }, { "content": "Moving interest rates too dramatically could undermine the positive trends still seen in the economy and add to the already large amount of uncertainty, Atlanta Fed President Raphael Bostic said. ", "annotations": [ { "end": 164, "tag": "Neutral", "value": "Atlanta Fed", "start": 153, "label": "Neutral" } ] }, { "content": "News late Monday that IG Metall, Germany's most powerful union, wants to push through wage increases of between 7% and 8% in an upcoming round of bargaining is a reminder that price pressures are broadening out. No wonder that triggered a late day selloff in European bonds. [nL1N2Y710P]", "annotations": [ { "end": 31, "tag": "Neutral", "value": "IG Metall", "start": 22, "label": "Neutral" } ] }, { "content": "JinkoSolar , a major solar power equipment manufacturer, said its Sichuan manufacturing facilities have been halted as a result of power shortages, adding that it was \"uncertain\" how long the measures would last. [nL1N2ZY0BJ] ", "annotations": [ { "end": 10, "tag": "Negative", "value": "JinkoSolar", "start": 0, "label": "Negative" } ] }, { "content": "The defense, led by lawyer Daniel Petrocelli who defeated the Trump administration's 2018 bid to stop AT&T Inc from buying Time Warner, argued that the market for books, and for publishers to win top-selling authors, is competitive and that the merger will make it even more so. ", "annotations": [ { "end": 140, "tag": "Neutral", "value": "Time Warner", "start": 129, "label": "Neutral" }, { "end": 110, "tag": "Neutral", "value": "AT&T Inc", "start": 102, "label": "Neutral" } ] }, { "content": "It also coincided with the global PC industry coming off the pandemic-fuelled sales boom and the war in Ukraine, prompting several companies from chipmakers to electronics manufacturers such as Intel and Samsung <005930.KS> to warn of a sharp slowdown in demand. [nL4N2Z947R][nL1N2Z83N6]", "annotations": [ { "end": 199, "tag": "Negative", "value": "Intel", "start": 194, "label": "Negative" }, { "end": 220, "tag": "Negative", "value": "Samsung", "start": 213, "label": "Negative" } ] }, { "content": "\"The labor market continues to recover,\" said Gus Faucher, chief economist at PNC Financial in Pittsburgh, Pennsylvania. \"However, the Omicron variant is a substantial downside risk to the near-term labor market recovery.\"", "annotations": [ { "end": 91, "tag": "Neutral", "value": "PNC Financial", "start": 78, "label": "Neutral" } ] }, { "content": "U.S. cruise companies Norwegian Cruise Line Holdings Ltd and Carnival Corp fell 1.6% and 1.9% after they delayed or canceled trips in anticipation of the hurricane.", "annotations": [ { "end": 56, "tag": "Negative", "value": "Norwegian Cruise Line Holdings Ltd", "start": 22, "label": "Negative" }, { "end": 83, "tag": "Negative", "value": "Carnival Corp", "start": 70, "label": "Negative" } ] }, { "content": "Interroll shares are at the bottom of the STOXX 600, losing 6.5%, following a cut target price from Credit Suisse. Wizz Air shares are the second biggest loser last down 2.8%.", "annotations": [ { "end": 9, "tag": "Negative", "value": "Interroll", "start": 0, "label": "Negative" }, { "end": 132, "tag": "Negative", "value": "Wizz Air", "start": 124, "label": "Negative" }, { "end": 122, "tag": "Neutral", "value": "Credit Suisse", "start": 109, "label": "Neutral" }, { "end": 60, "tag": "Neutral", "value": "STOXX 600", "start": 51, "label": "Neutral" } ] }, { "content": "In another report, Susquehanna analyst Christopher Rolland also cut price targets on several chip stocks, including Cirrus Logic , Skyworks Solutions and Qorvo . Rolland warned that companies exposed to personal computers and smartphones are most at risk of a chip industry downturn. ", "annotations": [ { "end": 30, "tag": "Neutral", "value": "Susquehanna", "start": 19, "label": "Neutral" }, { "end": 176, "tag": "Negative", "value": "Qorvo", "start": 171, "label": "Negative" }, { "end": 128, "tag": "Negative", "value": "Cirrus Logic", "start": 116, "label": "Negative" }, { "end": 157, "tag": "Negative", "value": "Skyworks Solutions", "start": 139, "label": "Negative" } ] }, { "content": "The seeds of FTX's downfall were sown months earlier, stemming from mistakes Bankman-Fried made after he stepped in to save other crypto firms as the crypto market collapsed amid rising interest rates, according to interviews with several people close to Bankman-Fried and communications from both companies that have not been previously reported. ", "annotations": [ { "end": 16, "tag": "Negative", "value": "FTX", "start": 13, "label": "Negative" } ] }, { "content": "On Monday, the NSE Nifty 50 index <.NSEI> closed 0.11% lower at 18,329.15. The S&P BSE Sensex <.BSESN> slipped 0.28% to 61,624.15.", "annotations": [ { "end": 33, "tag": "Negative", "value": "NSE Nifty 50 index", "start": 15, "label": "Negative" }, { "end": 93, "tag": "Negative", "value": "S&P BSE Sensex", "start": 79, "label": "Negative" } ] }, { "content": "Goldman Sachs Group Inc called its employees back to office full time in June last year, Morgan Stanley and JPMorgan are mostly back too, while Citigroup has a hybrid arrangement. ", "annotations": [ { "end": 23, "tag": "Neutral", "value": "Goldman Sachs Group Inc", "start": 0, "label": "Neutral" }, { "end": 110, "tag": "Neutral", "value": "Morgan Stanley", "start": 96, "label": "Neutral" }, { "end": 167, "tag": "Neutral", "value": "Citigroup", "start": 158, "label": "Neutral" }, { "end": 130, "tag": "Neutral", "value": "JPMorgan", "start": 122, "label": "Neutral" } ] }, { "content": "The result is a coming quandary. Banks have more mouths to feed out of what\ufffd\ufffds fast becoming a smaller trough. In 2019, a great year for sales, trading and deal-broking, Goldman, Morgan Stanley, JPMorgan, Bank of America and Citi collectively earned $107 billion of revenue. In the four quarters to the end of June the same quintet collectively brought in $156 billion, based on data from their public filings. The correction in markets so far this year suggests the top line may head back to where it was before.", "annotations": [ { "end": 192, "tag": "Positive", "value": "Morgan Stanley", "start": 178, "label": "Positive" }, { "end": 176, "tag": "Positive", "value": "Goldman", "start": 169, "label": "Positive" }, { "end": 228, "tag": "Positive", "value": "Citi", "start": 224, "label": "Positive" }, { "end": 219, "tag": "Positive", "value": "Bank of America", "start": 204, "label": "Positive" }, { "end": 202, "tag": "Positive", "value": "JPMorgan", "start": 194, "label": "Positive" } ] }, { "content": "Nvidia is down 2.3% on Thursday, while AMD is losing almost 2%. The two companies are down 19% and 29%, respectively, year-to-date.", "annotations": [ { "end": 42, "tag": "Negative", "value": "AMD", "start": 39, "label": "Negative" }, { "end": 6, "tag": "Negative", "value": "Nvidia", "start": 0, "label": "Negative" } ] }, { "content": "Electric luxury car startup Faraday Future conceded that it is having trouble raising capital, and blamed a \ufffd\ufffdmisinformation campaign\ufffd\ufffd by \ufffd\ufffdcertain directors.\ufffd\ufffd Faraday warned in late August that its cash balance had fallen to $52 million as of Aug. 9, but said the company planned to raise $600 million. Since then, Faraday\ufffd\ufffds board has been embroiled in a fight with the company\ufffd\ufffds largest shareholder.", "annotations": [ { "end": 165, "tag": "Negative", "value": "Faraday", "start": 158, "label": "Negative" }, { "end": 321, "tag": "Negative", "value": "Faraday", "start": 314, "label": "Negative" }, { "end": 42, "tag": "Negative", "value": "Faraday Future", "start": 28, "label": "Negative" } ] }, { "content": "Meanwhile, Adobe's fourth-quarter revenue forecast of $4.52 billion came in below the $4.58 billion estimated by analysts, according to Refinitiv data.", "annotations": [ { "end": 145, "tag": "Neutral", "value": "Refinitiv", "start": 136, "label": "Neutral" }, { "end": 16, "tag": "Negative", "value": "Adobe", "start": 11, "label": "Negative" } ] }, { "content": "Some dire earnings are weighing the index down, namely UBS , falling 6% and Logitech , down 3.5%, after both posted results that missed the mark.", "annotations": [ { "end": 92, "tag": "Negative", "value": "Logitech", "start": 84, "label": "Negative" }, { "end": 58, "tag": "Negative", "value": "UBS", "start": 55, "label": "Negative" } ] }, { "content": "In a 40-page decision, U.S. District Judge Lewis Liman in Manhattan said customers in New York from April 2018 to March 2019 could try to prove they overpaid because Peloton was silent about the \"imminent\" removal of much of its digital library.", "annotations": [ { "end": 173, "tag": "Neutral", "value": "Peloton", "start": 166, "label": "Neutral" } ] }, { "content": "In commodities, Brent crude oil futures fell 0.63% to $98.97 a barrel. US West Texas Intermediate crude was also down, dropping 0.69% to $93.69.", "annotations": [ { "end": 39, "tag": "Negative", "value": "Brent crude oil futures", "start": 16, "label": "Negative" }, { "end": 111, "tag": "Negative", "value": "US West Texas Intermediate crude", "start": 79, "label": "Negative" } ] }, { "content": "\"As the unemployment rate ticks higher, wage growth will likely slow, taming some of the inflationary pressure in the US economy,\" writes Bill Adams, chief economist at Comerica Bank.", "annotations": [ { "end": 182, "tag": "Neutral", "value": "Comerica Bank", "start": 169, "label": "Neutral" } ] }, { "content": "Roughly 260 billion euros ($254 bln) of euro zone government bonds carried negative yields as of end-September, Tradeweb said, down from around 542 billion euros at end-August. ", "annotations": [ { "end": 120, "tag": "Neutral", "value": "Tradeweb", "start": 112, "label": "Neutral" } ] }, { "content": "Work-from-home and event closures during the peak of the pandemic forced caterers to adapt their digital offerings, but Sodexo has also been hit by an earlier-than-expected termination of contracts with COVID-19 testing centres in the United Kingdom. [nL2N2VZ08M]", "annotations": [ { "end": 126, "tag": "Negative", "value": "Sodexo", "start": 120, "label": "Negative" } ] }, { "content": "Consumer discretionary <.SPLRCD> is leading sector losses, falling more than 2%, followed by consumer staples <.SPLRCS> and communication services <.SPLRCL>, which are each dropping around 1.0%.", "annotations": [ { "end": 146, "tag": "Negative", "value": "communication services", "start": 124, "label": "Negative" }, { "end": 22, "tag": "Negative", "value": "Consumer discretionary", "start": 0, "label": "Negative" }, { "end": 109, "tag": "Negative", "value": "consumer staples", "start": 93, "label": "Negative" } ] }, { "content": "\"Concern for Accenture and other IT Consulting firms is the increasing indication of new IT deployments being halted,\" said Erik Bradley, chief strategist at research firm ETR.", "annotations": [ { "end": 175, "tag": "Neutral", "value": "ETR", "start": 172, "label": "Neutral" }, { "end": 22, "tag": "Negative", "value": "Accenture", "start": 13, "label": "Negative" } ] }, { "content": "In one example, Aptiv , which supplies wire harnesses for Tesla, was not able to resume production in mid-April and there were concerns that this could have a knock-on effect on the automaker's production plans, according to a person familiar with the matter.", "annotations": [ { "end": 21, "tag": "Negative", "value": "Aptiv", "start": 16, "label": "Negative" }, { "end": 71, "tag": "Negative", "value": "Tesla", "start": 66, "label": "Negative" } ] }, { "content": "\"With Peloton's stock price 90% lower than this time last year, investors are likely to wonder when the former bike maker's future R.I.P date might be coming depending on how the outsourcing decision plays out as well as if pandemic fitness behavior continues its precipitous decline,\" said Jake Dollarhide, Co-Founder, Longbow Asset Management Company.", "annotations": [ { "end": 352, "tag": "Neutral", "value": "Longbow Asset Management Company", "start": 320, "label": "Neutral" }, { "end": 13, "tag": "Negative", "value": "Peloton", "start": 6, "label": "Negative" } ] }, { "content": "Goldman Sachs cut its 2023 oil price forecast on Tuesday, due to expectations of weaker demand and a stronger U.S. dollar but said global supply disappointments only reinforced its long-term bullish outlook.", "annotations": [ { "end": 13, "tag": "Neutral", "value": "Goldman Sachs", "start": 0, "label": "Neutral" } ] }, { "content": "Shares of chemical companies have suffered some of the biggest declines since the invasion, since natural gas plays a key role in their manufacturing process. Car parts makers have also been hit hard, partly because Russia was a major market for firms such as VW and Mercedes and partly because Ukraine and Russia have also been suppliers.", "annotations": [ { "end": 263, "tag": "Negative", "value": "VW", "start": 261, "label": "Negative" }, { "end": 276, "tag": "Negative", "value": "Mercedes", "start": 268, "label": "Negative" } ] }, { "content": "Still some European companies, especially luxury purveyors such as LVMH and Hermes may find a silver lining in the euro's 10% year-to-date decline against the dollar with double-digit sales growth, partly offsetting the China effect [nL8N2Z25SN].", "annotations": [ { "end": 82, "tag": "Positive", "value": "Hermes", "start": 76, "label": "Positive" }, { "end": 71, "tag": "Positive", "value": "LVMH", "start": 67, "label": "Positive" } ] }, { "content": "However, technology stocks <.SX8P> continued to remain under pressure as Franco-Italian chipmaker STMicroelectronics slumped 7.9% after it forecast sales growth to slow in the latter part of the year. [nL1N31S0A0]", "annotations": [ { "end": 116, "tag": "Negative", "value": "STMicroelectronics", "start": 98, "label": "Negative" }, { "end": 26, "tag": "Negative", "value": "technology stocks", "start": 9, "label": "Negative" } ] }, { "content": "JPMorgan analysts Ayako Fujita, Takafumi Yamawaki, and Benjamin Shatil wrote in a research note published on Thursday that they expect the BOJ to scale back its YCC policy from March of next year, with the most likely option seen to be a raising of the 0.25% cap.", "annotations": [ { "end": 142, "tag": "Neutral", "value": "BOJ", "start": 139, "label": "Neutral" }, { "end": 8, "tag": "Neutral", "value": "JPMorgan", "start": 0, "label": "Neutral" } ] }, { "content": "Vaxzevria has a shelf life of six months, but often the vaccine leaves AstraZeneca plants with only a few weeks before expiry, due to quality checks and red tape [nL1N2UR0QX].", "annotations": [ { "end": 82, "tag": "Neutral", "value": "AstraZeneca", "start": 71, "label": "Neutral" }, { "end": 9, "tag": "Neutral", "value": "Vaxzevria", "start": 0, "label": "Neutral" } ] }, { "content": " > 4 0 % .BELEX Belgrad <.BELEX 840.26 840.98 -0.09% +2.37 15 e 15> % .SOFIX Sofia <.SOFIX 614.18 610.45 +0.61 -3.38%", "annotations": [ { "end": 64, "tag": "Neutral", "value": "Belgrad", "start": 57, "label": "Neutral" }, { "end": 178, "tag": "Neutral", "value": "Sofia", "start": 173, "label": "Neutral" } ] }, { "content": "In July, Gebbia said he would take on an advisory role at Airbnb, stepping away from his full-time role after 14 years at the company. The Airbnb co-founder had in 2018 called Musk's attempt to take Tesla private a \"baller move\".", "annotations": [ { "end": 145, "tag": "Neutral", "value": "Airbnb", "start": 139, "label": "Neutral" }, { "end": 64, "tag": "Neutral", "value": "Airbnb", "start": 58, "label": "Neutral" }, { "end": 204, "tag": "Neutral", "value": "Tesla", "start": 199, "label": "Neutral" } ] }, { "content": "U.S. oil refiners are expected to have about 1.15 million bpd of capacity offline for the week ending Sept. 30, decreasing available refining capacity by 320,000 bpd, research company IIR Energy said. [nL4N3111DP]", "annotations": [ { "end": 194, "tag": "Neutral", "value": "IIR Energy", "start": 184, "label": "Neutral" } ] }, { "content": "** India's Adani Group has pledged shares worth about $12.5 billion in two cement units, days after the conglomerate controlled by billionaire Gautam Adani completed purchase of stakes in those businesses from Switzerland's Holcim .[nL4N30S0U8]", "annotations": [ { "end": 230, "tag": "Positive", "value": "Holcim", "start": 224, "label": "Positive" }, { "end": 22, "tag": "Neutral", "value": "Adani Group", "start": 11, "label": "Neutral" } ] }, { "content": "The company announced plans to unify its messaging structure across apps in 2019 and later that year rolled out a payment service, now called Meta Pay, through which users can process transactions across Facebook, Messenger, Instagram and WhatsApp. (Reporting by Katie Paul; Editing by Leslie Adler) ((Katie.Paul@thomsonreuters.com;))", "annotations": [ { "end": 234, "tag": "Neutral", "value": "Instagram", "start": 225, "label": "Neutral" }, { "end": 212, "tag": "Neutral", "value": "Facebook", "start": 204, "label": "Neutral" }, { "end": 223, "tag": "Neutral", "value": "Messenger", "start": 214, "label": "Neutral" }, { "end": 150, "tag": "Neutral", "value": "Meta Pay", "start": 142, "label": "Neutral" }, { "end": 247, "tag": "Neutral", "value": "WhatsApp", "start": 239, "label": "Neutral" } ] }, { "content": "But while the shots became available in Hong Kong, Macau and Taiwan, the regulatory review for mainland China has not been concluded. BioNTech has said that decision was up to Chinese regulators and has not given a reason for the delay. ", "annotations": [ { "end": 142, "tag": "Neutral", "value": "BioNTech", "start": 134, "label": "Neutral" } ] }, { "content": "Dalia Blass, BlackRock senior managing director, in a letter sent late Tuesday wrote that \"we do not coordinate our votes or investment decisions with external groups or organizations.\"", "annotations": [ { "end": 22, "tag": "Neutral", "value": "BlackRock", "start": 13, "label": "Neutral" } ] }, { "content": "Sums varying between 20 million and 30 million euros are coming from businessmen Denis Dumont, Andrea Pignataro, asset manager Anima Holding and the same Algebris.", "annotations": [ { "end": 140, "tag": "Neutral", "value": "Anima Holding", "start": 127, "label": "Neutral" }, { "end": 172, "tag": "Neutral", "value": "Algebris", "start": 164, "label": "Neutral" } ] }, { "content": "Around 3 a.m., Bankman-Fried resorted to Zhao, his archrival at Binance. Zhao, widely known by the initials CZ, came to the phone. A few hours later, Zhao sent over a non-binding letter of intent to acquire FTX.com, which Bankman-Fried signed. The pair tweeted a joint announcement later that morning.", "annotations": [ { "end": 214, "tag": "Neutral", "value": "FTX.com", "start": 207, "label": "Neutral" }, { "end": 71, "tag": "Neutral", "value": "Binance", "start": 64, "label": "Neutral" } ] }, { "content": "U.S. crude recently rose 0.31% to $85.36 per barrel and Brent was at $91.41, up 0.63% on the day.", "annotations": [ { "end": 10, "tag": "Positive", "value": "U.S. crude", "start": 0, "label": "Positive" }, { "end": 68, "tag": "Positive", "value": "Brent", "start": 63, "label": "Positive" } ] }, { "content": "U.S.-listed shares of China's e-commerce giant Alibaba Group Holding Ltd and internet firm Baidu Inc declined more than 1% each in trading before the bell.", "annotations": [ { "end": 72, "tag": "Negative", "value": "Alibaba Group Holding Ltd", "start": 47, "label": "Negative" }, { "end": 109, "tag": "Negative", "value": "Baidu Inc", "start": 100, "label": "Negative" } ] }, { "content": "According to the ADV airport association, about one in five jobs in security, check-in and aircraft handling is unfilled at German airports.", "annotations": [ { "end": 40, "tag": "Neutral", "value": "ADV airport association", "start": 17, "label": "Neutral" } ] }, { "content": "Renault owns about 43% of Nissan, which wants its French ally to wind down the stake to 15%, drawing level with Nissan's share in the alliance partner, the source said. ", "annotations": [ { "end": 118, "tag": "Neutral", "value": "Nissan", "start": 112, "label": "Neutral" }, { "end": 32, "tag": "Neutral", "value": "Nissan", "start": 26, "label": "Neutral" }, { "end": 7, "tag": "Neutral", "value": "Renault", "start": 0, "label": "Neutral" } ] }, { "content": "Under II-VI's offer terms made in March 2021, Coherent stockholders will receive $220 in cash and 0.91 II-VI shares, which valued Coherent at about $7 billion at the time. ", "annotations": [ { "end": 138, "tag": "Neutral", "value": "Coherent", "start": 130, "label": "Neutral" }, { "end": 54, "tag": "Neutral", "value": "Coherent", "start": 46, "label": "Neutral" }, { "end": 11, "tag": "Neutral", "value": "II-VI", "start": 6, "label": "Neutral" }, { "end": 108, "tag": "Neutral", "value": "II-VI", "start": 103, "label": "Neutral" } ] }, { "content": "Goldman recommends buying Starbucks straddles ahead of its Sept. 13 analyst day where the management is expected to provide additional color on its reinvention strategy.", "annotations": [ { "end": 35, "tag": "Positive", "value": "Starbucks", "start": 26, "label": "Positive" }, { "end": 7, "tag": "Neutral", "value": "Goldman", "start": 0, "label": "Neutral" } ] }, { "content": "The rules, some of which take immediate effect, build on restrictions sent in letters this year to top toolmakers KLA Corp , Lam Research Corp and Applied Materials Inc , effectively requiring them to halt shipments of equipment to wholly Chinese-owned factories producing advanced logic chips. (Reporting by Arunima Kumar and Yuvraj Malik in Bengaluru; Editing by Krishna Chandra Eluri) ((Arunima.Kumar@thomsonreuters.com; Twitter: ;))", "annotations": [ { "end": 185, "tag": "Negative", "value": "Applied Materials Inc", "start": 164, "label": "Negative" }, { "end": 122, "tag": "Negative", "value": "KLA Corp", "start": 114, "label": "Negative" }, { "end": 150, "tag": "Negative", "value": "Lam Research Corp", "start": 133, "label": "Negative" } ] }, { "content": "UnitedHealth has submitted the highest bid in excess of $30 a share, while Amazon's offer is close behind, Bloomberg said. Signify will hold a board meeting on Monday to discuss the bids, and final bids are expected Sept. 6, Bloomberg said. ", "annotations": [ { "end": 116, "tag": "Neutral", "value": "Bloomberg", "start": 107, "label": "Neutral" }, { "end": 130, "tag": "Neutral", "value": "Signify", "start": 123, "label": "Neutral" }, { "end": 234, "tag": "Neutral", "value": "Bloomberg", "start": 225, "label": "Neutral" }, { "end": 81, "tag": "Neutral", "value": "Amazon", "start": 75, "label": "Neutral" }, { "end": 12, "tag": "Neutral", "value": "UnitedHealth", "start": 0, "label": "Neutral" } ] }, { "content": " Blume reminded VW executives he was born in Lower Saxony, VW\ufffd\ufffds home base. That biographical fact illuminates Blume\ufffd\ufffds role as the insider, steeped in VW\ufffd\ufffds culture, brought in to restore calm after a disruptive outsider, Herbert Diess, took the tough decisions needed to lead the company out of its Dieselgate crisis. ", "annotations": [ { "end": 19, "tag": "Neutral", "value": "VW", "start": 17, "label": "Neutral" }, { "end": 62, "tag": "Neutral", "value": "VW", "start": 60, "label": "Neutral" }, { "end": 153, "tag": "Neutral", "value": "VW", "start": 151, "label": "Neutral" } ] }, { "content": "In France, 70% plan to shop on Black Friday and Cyber Monday, according to research by PwC France. However, the Spanish are less keen, with just 24% of shoppers planning to take advantage of Black Friday deals to get a head start on their Christmas shopping, according to the Spanish Association of Mass Consumer Goods Companies.", "annotations": [ { "end": 97, "tag": "Neutral", "value": "PwC France", "start": 87, "label": "Neutral" }, { "end": 328, "tag": "Neutral", "value": "Spanish Association of Mass Consumer Goods Companies", "start": 276, "label": "Neutral" } ] }, { "content": "BP, by comparison, has so far built 2GW of operating renewables capacity, partly through its 50% stake in Lightsource BP, one of the world's top solar producers.", "annotations": [ { "end": 2, "tag": "Neutral", "value": "BP", "start": 0, "label": "Neutral" }, { "end": 120, "tag": "Neutral", "value": "Lightsource BP", "start": 106, "label": "Neutral" } ] }, { "content": "Board meetings on H1 results: Campari followed by conference call, Hera , Moncler followed by conference call, Poste Italiane (press release on July 28), Snam followed by conference call (afternoon), Acea , Rai Way followed by conference call.", "annotations": [ { "end": 81, "tag": "Neutral", "value": "Hera", "start": 77, "label": "Neutral" }, { "end": 99, "tag": "Neutral", "value": "Moncler", "start": 92, "label": "Neutral" }, { "end": 268, "tag": "Neutral", "value": "Rai Way", "start": 261, "label": "Neutral" }, { "end": 153, "tag": "Neutral", "value": "Poste Italiane", "start": 139, "label": "Neutral" }, { "end": 37, "tag": "Neutral", "value": "Campari", "start": 30, "label": "Neutral" }, { "end": 195, "tag": "Neutral", "value": "Snam", "start": 191, "label": "Neutral" }, { "end": 250, "tag": "Neutral", "value": "Acea", "start": 246, "label": "Neutral" } ] }, { "content": "Board meetings on Q1 results: Atlantia , Banco BPM , BPER Banca , Credito Emiliano , Pirelli & C , Unipol , Banca Ifis , Banca Monte dei Paschi di Siena , illimity Bank , Intercos followed by conference call, UnipolSai .", "annotations": [ { "end": 58, "tag": "Neutral", "value": "Banco BPM", "start": 49, "label": "Neutral" }, { "end": 306, "tag": "Neutral", "value": "UnipolSai", "start": 297, "label": "Neutral" }, { "end": 171, "tag": "Neutral", "value": "Banca Ifis", "start": 161, "label": "Neutral" }, { "end": 257, "tag": "Neutral", "value": "Intercos", "start": 249, "label": "Neutral" }, { "end": 80, "tag": "Neutral", "value": "BPER Banca", "start": 70, "label": "Neutral" }, { "end": 38, "tag": "Neutral", "value": "Atlantia", "start": 30, "label": "Neutral" }, { "end": 131, "tag": "Neutral", "value": "Pirelli & C", "start": 120, "label": "Neutral" }, { "end": 212, "tag": "Neutral", "value": "Banca Monte dei Paschi di Siena", "start": 181, "label": "Neutral" }, { "end": 149, "tag": "Neutral", "value": "Unipol", "start": 143, "label": "Neutral" }, { "end": 237, "tag": "Neutral", "value": "illimity Bank", "start": 224, "label": "Neutral" }, { "end": 108, "tag": "Neutral", "value": "Credito Emiliano", "start": 92, "label": "Neutral" } ] }, { "content": "Meta, once worth more than $1 trillion, is now valued at $256 billion after losing more than 70% of its value this year alone.", "annotations": [ { "end": 4, "tag": "Negative", "value": "Meta", "start": 0, "label": "Negative" } ] }, { "content": " American Airlines Group Inc, Delta Air Lines Inc, Southwest Airlines Co, and United Airlines Holdings Inc will present at the J.P. Morgan Industrials Conference. They are expected to talk about any impact to their outlook from high oil prices and the Russia-Ukraine war. Separately, the bosses of Delta Air Lines Inc and Virgin Atlantic Airways Ltd will meet journalists in London to discuss the state of the recovery in international travel, and their partnership.", "annotations": [ { "end": 317, "tag": "Neutral", "value": "Delta Air Lines Inc", "start": 298, "label": "Neutral" }, { "end": 28, "tag": "Neutral", "value": "American Airlines Group Inc", "start": 1, "label": "Neutral" }, { "end": 138, "tag": "Neutral", "value": "J.P. Morgan", "start": 127, "label": "Neutral" }, { "end": 49, "tag": "Neutral", "value": "Delta Air Lines Inc", "start": 30, "label": "Neutral" }, { "end": 349, "tag": "Neutral", "value": "Virgin Atlantic Airways Ltd", "start": 322, "label": "Neutral" }, { "end": 106, "tag": "Neutral", "value": "United Airlines Holdings Inc", "start": 78, "label": "Neutral" }, { "end": 72, "tag": "Neutral", "value": "Southwest Airlines Co", "start": 51, "label": "Neutral" } ] }, { "content": "Brent crude futures settled at $101.16 a barrel, rising $2.06, or 2.1%, while West Texas Intermediate crude settled at $97.59 a barrel, gaining $1.81, or 1.9%.", "annotations": [ { "end": 115, "tag": "Positive", "value": "West Texas Intermediate crude", "start": 86, "label": "Positive" }, { "end": 11, "tag": "Positive", "value": "Brent crude", "start": 0, "label": "Positive" } ] }, { "content": "All eyes are now on IBM , Microsoft Tesla and Apple which are due to update the market this week. ", "annotations": [ { "end": 76, "tag": "Neutral", "value": "Apple", "start": 71, "label": "Neutral" }, { "end": 23, "tag": "Neutral", "value": "IBM", "start": 20, "label": "Neutral" }, { "end": 57, "tag": "Neutral", "value": "Tesla", "start": 52, "label": "Neutral" }, { "end": 42, "tag": "Neutral", "value": "Microsoft", "start": 33, "label": "Neutral" } ] }, { "content": "That has not stopped users on TikTok from focusing on her disclosures, with one video clip about her husband's recent options purchases in companies including Alphabet , Micron Technology and Roblox earning 45,000 likes. ", "annotations": [ { "end": 169, "tag": "Neutral", "value": "Alphabet", "start": 161, "label": "Neutral" }, { "end": 36, "tag": "Neutral", "value": "TikTok", "start": 30, "label": "Neutral" }, { "end": 216, "tag": "Neutral", "value": "Roblox", "start": 210, "label": "Neutral" }, { "end": 198, "tag": "Neutral", "value": "Micron Technology", "start": 181, "label": "Neutral" } ] }, { "content": "The Tesla boss, who will also serve as chief executive of Twitter, has announced the following actions after he took control a little over a week ago: Top management Musk fired top executives including CEO Parag [nL1N31X1A5] cuts Agrawal, CFO Ned Segal, legal affairs and ", "annotations": [ { "end": 74, "tag": "Neutral", "value": "Twitter", "start": 67, "label": "Neutral" }, { "end": 9, "tag": "Neutral", "value": "Tesla", "start": 4, "label": "Neutral" } ] }, { "content": "Ford Motor Co has also begun separating its operations into electric, combustion engine and commercial vehicles, though Stellantis has rejected such a move as traditional automakers grapple how best to compete with Tesla .", "annotations": [ { "end": 13, "tag": "Neutral", "value": "Ford Motor Co", "start": 0, "label": "Neutral" }, { "end": 236, "tag": "Neutral", "value": "Tesla", "start": 231, "label": "Neutral" }, { "end": 136, "tag": "Neutral", "value": "Stellantis", "start": 126, "label": "Neutral" } ] }, { "content": "* FIFA has said it was assessing Amnesty's proposition and implementing an \"unprecedented due diligence process in relation to the protection of workers involved\".", "annotations": [ { "end": 40, "tag": "Neutral", "value": "Amnesty", "start": 33, "label": "Neutral" }, { "end": 6, "tag": "Neutral", "value": "FIFA", "start": 2, "label": "Neutral" } ] }, { "content": "The statement from Uber, Chinese mobility firm DiDi Global Inc and Latin American delivery app Rappi also suggested establishing mechanisms to ensure fair pay in line with time worked, but did not outline specifics.", "annotations": [ { "end": 23, "tag": "Neutral", "value": "Uber", "start": 19, "label": "Neutral" }, { "end": 100, "tag": "Neutral", "value": "Rappi", "start": 95, "label": "Neutral" }, { "end": 62, "tag": "Neutral", "value": "DiDi Global Inc", "start": 47, "label": "Neutral" } ] }, { "content": "New fortress and Pemex believe the Lakach field will yield about 10 years of production. (Reporting by Mrinalika Roy in Bengaluru; Editing by Anil D'Silva and Shinjini Ganguli) ((mrinalika.roy@thomsonreuters.com;))", "annotations": [ { "end": 12, "tag": "Neutral", "value": "New fortress", "start": 0, "label": "Neutral" }, { "end": 22, "tag": "Neutral", "value": "Pemex", "start": 17, "label": "Neutral" } ] }, { "content": "Anima Holding does not expect to strengthen its partnership with the state-owned lender in the near term, Chief Executive Alessandro Melzi D'Eril told analysts. ", "annotations": [ { "end": 13, "tag": "Neutral", "value": "Anima Holding", "start": 0, "label": "Neutral" } ] }, { "content": "Signatories include Hershey , Mars, Blommer Chocolate, Nestle , Sucden, Mondelez , Touton, Barry Callebaut , Cargill, Ferrero, Olam and Ecom Trading. ", "annotations": [ { "end": 112, "tag": "Neutral", "value": "Touton", "start": 106, "label": "Neutral" }, { "end": 41, "tag": "Neutral", "value": "Mars", "start": 37, "label": "Neutral" }, { "end": 162, "tag": "Neutral", "value": "Olam", "start": 158, "label": "Neutral" }, { "end": 129, "tag": "Neutral", "value": "Barry Callebaut", "start": 114, "label": "Neutral" }, { "end": 147, "tag": "Neutral", "value": "Cargill", "start": 140, "label": "Neutral" }, { "end": 27, "tag": "Neutral", "value": "Hershey", "start": 20, "label": "Neutral" }, { "end": 156, "tag": "Neutral", "value": "Ferrero", "start": 149, "label": "Neutral" }, { "end": 189, "tag": "Neutral", "value": "Ecom Trading", "start": 177, "label": "Neutral" }, { "end": 68, "tag": "Neutral", "value": "Nestle", "start": 62, "label": "Neutral" }, { "end": 85, "tag": "Neutral", "value": "Sucden", "start": 79, "label": "Neutral" }, { "end": 60, "tag": "Neutral", "value": "Blommer Chocolate", "start": 43, "label": "Neutral" }, { "end": 95, "tag": "Neutral", "value": "Mondelez", "start": 87, "label": "Neutral" } ] }, { "content": "BofA also believes that bull market signposts are scarce as only 30% of the indicators that typically precede market bottoms have triggered today (Savita Subramanian, BofA's head of U.S. equity and quantitative strategy, looks for 80% or more). ", "annotations": [ { "end": 171, "tag": "Neutral", "value": "BofA", "start": 167, "label": "Neutral" }, { "end": 4, "tag": "Neutral", "value": "BofA", "start": 0, "label": "Neutral" } ] }, { "content": "Bank of Italy releases August data on Italian residents deposits with domestic banks, banks lending to non-financial companies and gross bad loans at Italian banks.", "annotations": [ { "end": 13, "tag": "Neutral", "value": "Bank of Italy", "start": 0, "label": "Neutral" } ] }, { "content": "The deal with Social Leverage Acquisition Corp I is expected to fetch up to $345 million in proceeds from the special purpose acquisition company's (SPAC) trust account, assuming no redemptions. ", "annotations": [ { "end": 48, "tag": "Neutral", "value": "Social Leverage Acquisition Corp I", "start": 14, "label": "Neutral" } ] }, { "content": "JPMorgan, HSBC, ICBC Standard and UBS declined to comment when asked about how they handled investor requests to sell their holdings of Russian gold. ", "annotations": [ { "end": 14, "tag": "Neutral", "value": "HSBC", "start": 10, "label": "Neutral" }, { "end": 37, "tag": "Neutral", "value": "UBS", "start": 34, "label": "Neutral" }, { "end": 8, "tag": "Neutral", "value": "JPMorgan", "start": 0, "label": "Neutral" }, { "end": 29, "tag": "Neutral", "value": "ICBC Standard", "start": 16, "label": "Neutral" } ] }, { "content": "The Chinese exercises, centred on six locations around the island that China claims as its own, began on Thursday and were scheduled to last until midday on Sunday, the official Xinhua News Agency reported last week.", "annotations": [ { "end": 196, "tag": "Neutral", "value": "Xinhua News Agency", "start": 178, "label": "Neutral" } ] }, { "content": "Yoon held a video call with Tesla Chief Executive Elon Musk last week and Yoon's office cited Musk as saying South Korea is among the top candidate locations for a new Tesla factory. ", "annotations": [ { "end": 173, "tag": "Neutral", "value": "Tesla", "start": 168, "label": "Neutral" }, { "end": 33, "tag": "Neutral", "value": "Tesla", "start": 28, "label": "Neutral" } ] }, { "content": "\"These executions amount to arbitrary deprivation of lives and are another example of Myanmar\ufffd\ufffds atrocious human rights record,\" said Erwin Van Der Borght, regional director of rights group Amnesty International. ", "annotations": [ { "end": 210, "tag": "Neutral", "value": "Amnesty International", "start": 189, "label": "Neutral" } ] }, { "content": "\"For a market that looks forward, the thought is that we're near a bottom in terms of the type of news we're getting and maybe prices have already discounted the slowdown that we're seeing,\" said Rick Meckler, partner at Cherry Lane Investments in New Vernon, New Jersey.", "annotations": [ { "end": 244, "tag": "Neutral", "value": "Cherry Lane Investments", "start": 221, "label": "Neutral" } ] }, { "content": "The geographical groupings of Walmart and Target stores reflect the distinct strategy of each company for going after a certain type of customer. ", "annotations": [ { "end": 37, "tag": "Neutral", "value": "Walmart", "start": 30, "label": "Neutral" }, { "end": 48, "tag": "Neutral", "value": "Target", "start": 42, "label": "Neutral" } ] }, { "content": "U.S. Treasury Secretary Janet Yellen said during a visit to Tokyo that Sri Lanka was in a \"very difficult situation\" and that one of its main debt holders, China, had an important role to play. [nL1N2YT0JT]", "annotations": [ { "end": 13, "tag": "Neutral", "value": "U.S. Treasury", "start": 0, "label": "Neutral" } ] }, { "content": "After years of red-hot growth, Netflix's fortunes changed as rivals including Walt Disney Co , Warner Bros Discovery and Apple Inc invest heavily in their own streaming services.", "annotations": [ { "end": 124, "tag": "Neutral", "value": "Warner Bros Discovery", "start": 102, "label": "Neutral" }, { "end": 146, "tag": "Neutral", "value": "Apple Inc", "start": 137, "label": "Neutral" }, { "end": 92, "tag": "Neutral", "value": "Walt Disney Co", "start": 78, "label": "Neutral" }, { "end": 38, "tag": "Neutral", "value": "Netflix", "start": 31, "label": "Neutral" } ] }, { "content": "Foreign institutional investors bought a net 3.69 billion rupees ($45.17 million) worth of equities on Friday, while domestic investors sold a net 2.96 billion rupees ($36.24 million) worth of shares, as per provisional NSE data.", "annotations": [ { "end": 223, "tag": "Neutral", "value": "NSE", "start": 220, "label": "Neutral" } ] }, { "content": "Milan-based Design Holding, jointly controlled by private equity firms Carlyle Group and Investindustrial, owns brands such as B&B Italia, Flos and Louis Poulsen. ", "annotations": [ { "end": 161, "tag": "Neutral", "value": "Louis Poulsen", "start": 148, "label": "Neutral" }, { "end": 26, "tag": "Neutral", "value": "Design Holding", "start": 12, "label": "Neutral" }, { "end": 143, "tag": "Neutral", "value": "Flos", "start": 139, "label": "Neutral" }, { "end": 84, "tag": "Neutral", "value": "Carlyle Group", "start": 71, "label": "Neutral" }, { "end": 137, "tag": "Neutral", "value": "B&B Italia", "start": 127, "label": "Neutral" }, { "end": 105, "tag": "Neutral", "value": "Investindustrial", "start": 89, "label": "Neutral" } ] }, { "content": "Citigroup declined to comment on Friday, but on Thursday, the bank said in a filing it will continue to reduce its operations and exposures to Russia. ", "annotations": [ { "end": 9, "tag": "Neutral", "value": "Citigroup", "start": 0, "label": "Neutral" } ] }, { "content": "Shipping giant Cosco last year made a bid to take a 35% stake in one of logistics firm HHLA's three terminals in Germany's largest port in Hamburg, but the German coalition has been divided over whether to approve the deal.", "annotations": [ { "end": 20, "tag": "Neutral", "value": "Cosco", "start": 15, "label": "Neutral" }, { "end": 91, "tag": "Neutral", "value": "HHLA", "start": 87, "label": "Neutral" } ] }, { "content": "\"Companies are standing back from M&A in the short-term as they are more focused on the impact of a recession on their business. The timing for dealmaking will come but I don't think it's quite there yet,\" said Alison Harding-Jones, Citigroup Inc's EMEA M&A head.", "annotations": [ { "end": 246, "tag": "Neutral", "value": "Citigroup Inc", "start": 233, "label": "Neutral" } ] }, { "content": "That\ufffd\ufffds made it seem like much of the shift at the FTC has been about preventing transactions [nL4N2TZ38L] before they\ufffd\ufffdre announced, rather than after. But two vertical deals by tech giants \ufffdC Microsoft\ufffd\ufffds $69 billion purchase of gaming group Activision Blizzard and Amazon.com\ufffd\ufffds $8.5 acquisition of movie studio MGM \ufffdC are now under review. The agency\ufffd\ufffds decisions on these deals will show whether Khan is sticking to the old script, or perfecting a new one.", "annotations": [ { "end": 53, "tag": "Neutral", "value": "FTC", "start": 50, "label": "Neutral" }, { "end": 268, "tag": "Neutral", "value": "Activision Blizzard", "start": 249, "label": "Neutral" }, { "end": 340, "tag": "Neutral", "value": "MGM", "start": 337, "label": "Neutral" }, { "end": 200, "tag": "Neutral", "value": "Microsoft", "start": 191, "label": "Neutral" }, { "end": 292, "tag": "Neutral", "value": "Amazon.com", "start": 282, "label": "Neutral" } ] }, { "content": "According to preliminary data, the S&P 500 <.SPX> lost 15.57 points, or 0.36%, to end at 3,910.16 points, while the Nasdaq Composite <.IXIC> lost 84.94 points, or 0.73%, to 11,545.92. The Dow Jones Industrial Average <.DJI> fell 148.35 points, or 0.47%, to 31,155.72.", "annotations": [ { "end": 42, "tag": "Negative", "value": "S&P 500", "start": 35, "label": "Negative" }, { "end": 132, "tag": "Negative", "value": "Nasdaq Composite", "start": 116, "label": "Negative" }, { "end": 216, "tag": "Negative", "value": "Dow Jones Industrial Average", "start": 188, "label": "Negative" } ] }, { "content": "Still, the news made investors anxious about other big banks due to report results next week with Morgan Stanley falling 2.6% and Goldman Sachs off 2.4%.", "annotations": [ { "end": 150, "tag": "Negative", "value": "Goldman Sachs", "start": 137, "label": "Negative" }, { "end": 112, "tag": "Negative", "value": "Morgan Stanley", "start": 98, "label": "Negative" } ] }, { "content": "Bank of England boss Andrew Bailey is sorry for an \"apocalyptic\" view of the world, saying that monetary policy faces its biggest test in 25 years with surging inflation exacerbated by war in Ukraine and China's COVID lockdowns. [nL5N2X853M]", "annotations": [ { "end": 15, "tag": "Neutral", "value": "Bank of England", "start": 0, "label": "Neutral" } ] }, { "content": "However, updated guidance from the U.S. Treasury Department published shortly after stated the sanctions that were in place on Russia prohibit U.S. money managers from buying any of the country's debt or stocks in secondary markets. ", "annotations": [ { "end": 59, "tag": "Neutral", "value": "U.S. Treasury Department", "start": 35, "label": "Neutral" } ] }, { "content": "Milan, 5th annual investors' conference on \"Italian Banking & NPL Management\" (0700 GMT). Expected attendees include at panel \"The Rise of UTP\" Intesa Sanpaolo Managing Director Vittorio Savarese, S&P Global Ratings Director Giuseppina Martelli.", "annotations": [ { "end": 224, "tag": "Neutral", "value": "S&P Global Ratings", "start": 206, "label": "Neutral" }, { "end": 159, "tag": "Neutral", "value": "Intesa Sanpaolo", "start": 144, "label": "Neutral" } ] }, { "content": "\"The diversity of views (...) was clear, with respondents from both sides of the debate providing evidence that supported their viewpoint,\" the LME noted. ", "annotations": [ { "end": 147, "tag": "Neutral", "value": "LME", "start": 144, "label": "Neutral" } ] }, { "content": "Board meetings on Q3 results: Banco BPM , Buzzi Unicem , CNH Industrial followed by conference call, Fincantieri , FinecoBank , Iveco Group followed by conference call, Recordati , Banca Popolare di Sondrio , Industrie De Nora (press release on Nov. 9), Salvatore Ferragamo followed by conference call.", "annotations": [ { "end": 343, "tag": "Neutral", "value": "Salvatore Ferragamo", "start": 324, "label": "Neutral" }, { "end": 230, "tag": "Neutral", "value": "Recordati", "start": 221, "label": "Neutral" }, { "end": 139, "tag": "Neutral", "value": "Fincantieri", "start": 128, "label": "Neutral" }, { "end": 88, "tag": "Neutral", "value": "CNH Industrial", "start": 74, "label": "Neutral" }, { "end": 39, "tag": "Neutral", "value": "Banco BPM", "start": 30, "label": "Neutral" }, { "end": 267, "tag": "Neutral", "value": "Banca Popolare di Sondrio", "start": 242, "label": "Neutral" }, { "end": 160, "tag": "Neutral", "value": "FinecoBank", "start": 150, "label": "Neutral" }, { "end": 296, "tag": "Neutral", "value": "Industrie De Nora", "start": 279, "label": "Neutral" }, { "end": 182, "tag": "Neutral", "value": "Iveco Group", "start": 171, "label": "Neutral" }, { "end": 63, "tag": "Neutral", "value": "Buzzi Unicem", "start": 51, "label": "Neutral" } ] }, { "content": "Rome, banking association ABI starts \"Bancassicurazione, ensuring a sustainable future\" (0700 GMT); ends on Sept. 29. On Wednesday expected attendees include at plenary session ABI Vice Director General Gianfranco Torriero, insurers association ANIA Director General Dario Focarelli, market regulator CONSOB Vice Director General Tiziana Togna (0700 GMT); at round-table discussion Net Insurance CEO Andrea Battista, Banco Desio CEO Alessandro Decio (0915 GMT).", "annotations": [ { "end": 180, "tag": "Neutral", "value": "ABI", "start": 177, "label": "Neutral" }, { "end": 395, "tag": "Neutral", "value": "Net Insurance", "start": 382, "label": "Neutral" }, { "end": 438, "tag": "Neutral", "value": "Banco Desio", "start": 427, "label": "Neutral" }, { "end": 249, "tag": "Neutral", "value": "ANIA", "start": 245, "label": "Neutral" }, { "end": 307, "tag": "Neutral", "value": "CONSOB", "start": 301, "label": "Neutral" }, { "end": 29, "tag": "Neutral", "value": "ABI", "start": 26, "label": "Neutral" } ] }, { "content": "\"We expected huge buybacks then suddenly these were cancelled or moderated,\" said Barrington Pitt Miller, chief investment officer of Wykeham Overseas Advisors.", "annotations": [ { "end": 159, "tag": "Neutral", "value": "Wykeham Overseas Advisors", "start": 134, "label": "Neutral" } ] }, { "content": "Brazilian newspaper Valor Economico reported on Tuesday about the sale and the interest from Mubadala and Raizen. BP Bunge Bioenergia owns 11 producing units with 33 million tonnes of sugar cane crushing capacity. ", "annotations": [ { "end": 101, "tag": "Neutral", "value": "Mubadala", "start": 93, "label": "Neutral" }, { "end": 35, "tag": "Neutral", "value": "Valor Economico", "start": 20, "label": "Neutral" }, { "end": 112, "tag": "Neutral", "value": "Raizen", "start": 106, "label": "Neutral" }, { "end": 133, "tag": "Neutral", "value": "BP Bunge Bioenergia", "start": 114, "label": "Neutral" } ] }, { "content": "Ricky Sandler's Eminence Capital bought 2.6 million shares. Scott Ferguson's Sachem Head Capital Management took a new stake with 1.6 million shares, the filings showed.", "annotations": [ { "end": 107, "tag": "Neutral", "value": "Sachem Head Capital Management", "start": 77, "label": "Neutral" }, { "end": 32, "tag": "Neutral", "value": "Eminence Capital", "start": 16, "label": "Neutral" } ] }, { "content": "The Guardian and Le Monde newspapers reported in July that Uber Technologies Inc broke laws and secretly lobbied politicians as part of an aggressive drive to expand into new markets from 2013 to 2017. [nL1N2YS13I]", "annotations": [ { "end": 12, "tag": "Neutral", "value": "Guardian", "start": 4, "label": "Neutral" }, { "end": 25, "tag": "Neutral", "value": "Le Monde", "start": 17, "label": "Neutral" }, { "end": 80, "tag": "Negative", "value": "Uber Technologies Inc", "start": 59, "label": "Negative" } ] }, { "content": "Cheikh was speaking on the sidelines of an event by Ratier Figeac Maroc, a subsidiary of Collins Aerospace, part of Raytheon Technologies. ", "annotations": [ { "end": 106, "tag": "Neutral", "value": "Collins Aerospace", "start": 89, "label": "Neutral" }, { "end": 137, "tag": "Neutral", "value": "Raytheon Technologies", "start": 116, "label": "Neutral" }, { "end": 71, "tag": "Neutral", "value": "Ratier Figeac Maroc", "start": 52, "label": "Neutral" } ] }, { "content": "Lufthansa declined to comment on the letter, though its chief executive apologised to employees and customers in late June, saying the airline \"did go too far in cutting costs here and there.\" ** SAS AB ", "annotations": [ { "end": 9, "tag": "Negative", "value": "Lufthansa", "start": 0, "label": "Negative" } ] }, { "content": "The EMEA DC, which helps apply the terms of CDS contracts to specific cases, determined on June 1 that a \"failure to pay credit event\" had occurred after Russia failed to add accrued interest on a payment made earlier this year. ", "annotations": [ { "end": 11, "tag": "Neutral", "value": "EMEA DC", "start": 4, "label": "Neutral" } ] }, { "content": "Tech heavyweights Alphabet Inc , Amazon.com Inc and Apple Inc have also announced stock splits in the recent past. ", "annotations": [ { "end": 30, "tag": "Neutral", "value": "Alphabet Inc", "start": 18, "label": "Neutral" }, { "end": 79, "tag": "Neutral", "value": "Apple Inc", "start": 70, "label": "Neutral" }, { "end": 56, "tag": "Neutral", "value": "Amazon.com Inc", "start": 42, "label": "Neutral" } ] }, { "content": "\"The lifting of travel restrictions and another relaxation of testing requirements in February came as a much needed shot of medicine after the set-back of the Omicron variant\", Hargreaves Lansdown analyst Susannah Streeter commented on Tuesday before the FTSE Russell announcement.", "annotations": [ { "end": 268, "tag": "Neutral", "value": "FTSE Russell", "start": 256, "label": "Neutral" }, { "end": 197, "tag": "Neutral", "value": "Hargreaves Lansdown", "start": 178, "label": "Neutral" } ] }, { "content": "\"We are unlikely to see a large number of megadeals and buyouts getting done over the next couple of quarters. M&A is hard to do when companies are trading at a 52-week low,\" said Marc Cooper, chief executive of U.S. advisory firm Solomon Partners.", "annotations": [ { "end": 247, "tag": "Neutral", "value": "Solomon Partners", "start": 231, "label": "Neutral" } ] }, { "content": "U.S. gas use has already been reduced for months by the outage at the Freeport LNG export plant in Texas, the second-biggest U.S. LNG export plant. It was consuming about 2 bcfd of gas before it shut on June 8. Freeport LNG expects the facility to return to at least partial service in early to mid-November. ", "annotations": [ { "end": 82, "tag": "Negative", "value": "Freeport LNG", "start": 70, "label": "Negative" }, { "end": 223, "tag": "Neutral", "value": "Freeport LNG", "start": 211, "label": "Neutral" } ] }, { "content": " \"While we have not yet spoken to Jana, we welcome new investors in Freshpet and look forward to hearing their perspectives,\" Freshpet added. ", "annotations": [ { "end": 79, "tag": "Neutral", "value": "Freshpet", "start": 71, "label": "Neutral" }, { "end": 137, "tag": "Neutral", "value": "Freshpet", "start": 129, "label": "Neutral" }, { "end": 41, "tag": "Neutral", "value": "Jana", "start": 37, "label": "Neutral" } ] }, { "content": "Before becoming CEO, Fraser was responsible for the Mexico business and for Citigroup's global consumer bank. In that role she worked to build on investments the bank made to refurbish the Mexico consumer business which had been known as Banamex.", "annotations": [ { "end": 85, "tag": "Neutral", "value": "Citigroup", "start": 76, "label": "Neutral" }, { "end": 245, "tag": "Neutral", "value": "Banamex", "start": 238, "label": "Neutral" } ] }, { "content": "The social media giant announced plans to remove the Facebook login requirement last year, after a backlash from users who had previously accessed the headsets using separate accounts from Oculus, the virtual reality company that Meta, then known as Facebook, acquired in 2014.", "annotations": [ { "end": 258, "tag": "Neutral", "value": "Facebook", "start": 250, "label": "Neutral" }, { "end": 61, "tag": "Neutral", "value": "Facebook", "start": 53, "label": "Neutral" }, { "end": 234, "tag": "Neutral", "value": "Meta", "start": 230, "label": "Neutral" }, { "end": 195, "tag": "Neutral", "value": "Oculus", "start": 189, "label": "Neutral" } ] }, { "content": "On the watchlist are Unilever shares which could stand up after the company effectively abandoned its plans to buy GSK's consumer healthcare business, saying that it would not raise its 50 billion pound offer that GSK previously rejected. ", "annotations": [ { "end": 118, "tag": "Neutral", "value": "GSK", "start": 115, "label": "Neutral" }, { "end": 217, "tag": "Neutral", "value": "GSK", "start": 214, "label": "Neutral" }, { "end": 29, "tag": "Neutral", "value": "Unilever", "start": 21, "label": "Neutral" } ] }, { "content": "Over the past week or so, the SPX has been churning around its 200-day moving average (DMA), which now resides around 4,475.", "annotations": [ { "end": 33, "tag": "Neutral", "value": "SPX", "start": 30, "label": "Neutral" } ] }, { "content": "Sportswear firm Adidas also quantified the cost of scaling back its operations, saying it would take a hit to sales of up to 250 million euros. [nL5N2VC10I] ", "annotations": [ { "end": 22, "tag": "Negative", "value": "Adidas", "start": 16, "label": "Negative" } ] }, { "content": "That sent Micron's shares and the Philadelphia SE Semiconductor index <.SOX> down 5.7% and 4.3%, as investors looked past U.S. President Joe Biden signing a landmark bill for $52.7 billion in subsidies for semiconductor production and research. Micron Chief Executive Sanjay Mehrotra was among the attendees at the signing. [nL1N2ZL17Z]", "annotations": [ { "end": 16, "tag": "Negative", "value": "Micron", "start": 10, "label": "Negative" }, { "end": 251, "tag": "Neutral", "value": "Micron", "start": 245, "label": "Neutral" }, { "end": 69, "tag": "Negative", "value": "Philadelphia SE Semiconductor index", "start": 34, "label": "Negative" } ] }, { "content": "\"Less corporate funding means less CAPEX and a weight on growth,\" writes TS Lombard analysts Skylar Montgomery Koning and Andrea Cicione. For financials specifically, fewer deals mean lower profits, while lower bond prices erode underwriter fees, they add.", "annotations": [ { "end": 83, "tag": "Neutral", "value": "TS Lombard", "start": 73, "label": "Neutral" } ] }, { "content": "Shipping giant Cosco made a bid last year to take a 35% stake in one of logistics firm HHLA's three terminals in Germany's largest port, but the German coalition has been divided over whether to let the deal go ahead.", "annotations": [ { "end": 91, "tag": "Neutral", "value": "HHLA", "start": 87, "label": "Neutral" }, { "end": 20, "tag": "Neutral", "value": "Cosco", "start": 15, "label": "Neutral" } ] }, { "content": "\"Growth in China is likely to remain hostage to the course of the pandemic for most of the year,\" analysts at Fathom Consulting said in a note. ", "annotations": [ { "end": 127, "tag": "Neutral", "value": "Fathom Consulting", "start": 110, "label": "Neutral" } ] }, { "content": "Bit Chute Ltd was incorporated in Britain in 2017 by Vahey and two other Brits. Rich Jones, a software developer by training, is the company\ufffd\ufffds chief operations officer. He is 53, lives in England and, on his LinkedIn page, describes Vahey as \ufffd\ufffda former classmate and long-time friend.\ufffd\ufffd Jones also declined to comment.", "annotations": [ { "end": 13, "tag": "Neutral", "value": "Bit Chute Ltd", "start": 0, "label": "Neutral" } ] }, { "content": "The DXY has fallen as much as 7% over the past 8 weeks to the 106.50 area, while the disparity has contracted to about 1.1x the 200-WMA.", "annotations": [ { "end": 7, "tag": "Negative", "value": "DXY", "start": 4, "label": "Negative" } ] }, { "content": "Spain's Cellnex offered Deutsche Telekom a small stake in its business as part of a binding offer which was backed by Canada's Brookfield Asset Management . [nL1N2YH0NM]", "annotations": [ { "end": 15, "tag": "Neutral", "value": "Cellnex", "start": 8, "label": "Neutral" }, { "end": 40, "tag": "Neutral", "value": "Deutsche Telekom", "start": 24, "label": "Neutral" }, { "end": 154, "tag": "Neutral", "value": "Brookfield Asset Management", "start": 127, "label": "Neutral" } ] }, { "content": "The company has also joined RE100, a group of global corporations including Apple, Intel and TSMC that are committed to using 100% renewable energy across their own operations. ", "annotations": [ { "end": 33, "tag": "Neutral", "value": "RE100", "start": 28, "label": "Neutral" }, { "end": 97, "tag": "Neutral", "value": "TSMC", "start": 93, "label": "Neutral" }, { "end": 88, "tag": "Neutral", "value": "Intel", "start": 83, "label": "Neutral" }, { "end": 81, "tag": "Neutral", "value": "Apple", "start": 76, "label": "Neutral" } ] }, { "content": "** Takeover target Spirit Airlines Inc said it was in talks with JetBlue Airways Corp over a $3.4 billion sweetened offer and expects to decide on the proposal by the end of this month. [nL4N2Y12DK]", "annotations": [ { "end": 38, "tag": "Positive", "value": "Spirit Airlines Inc", "start": 19, "label": "Positive" }, { "end": 94, "tag": "Neutral", "value": "JetBlue Airways Corp", "start": 74, "label": "Neutral" } ] }, { "content": " \"You're in a slightly different situation and it does look like the Biden Presidency has not been dealt a massive blow by these midterm elections, so the markets are in a wait-and-see mode,\" said Danni Hewson, financial analyst at AJ Bell in London. ", "annotations": [ { "end": 242, "tag": "Neutral", "value": "AJ Bell", "start": 235, "label": "Neutral" } ] }, { "content": "JetBlue has sweetened its offer for Spirit by increasing its reverse break-up fee by $150 million to $350 million, raising the overall value of its proposed deal to $3.4 billion. The New York-based airline has offered to pay a portion of the fee upfront after Spirit shareholders approve the deal. [nL4N2XT21E]", "annotations": [ { "end": 7, "tag": "Neutral", "value": "JetBlue", "start": 0, "label": "Neutral" }, { "end": 266, "tag": "Neutral", "value": "Spirit", "start": 260, "label": "Neutral" }, { "end": 42, "tag": "Neutral", "value": "Spirit", "start": 36, "label": "Neutral" } ] }, { "content": "With uncertainty being the only thing certain about the current market situation, Goldman Sachs chief U.S. equity strategist David Kostin came out with some research laying out estimates for different scenarios. ", "annotations": [ { "end": 95, "tag": "Neutral", "value": "Goldman Sachs", "start": 82, "label": "Neutral" } ] }, { "content": "Meme stock trading -- where companies see their value fueled more by social media attention than fundamentals continues -- with cosmetics maker Revlon Inc the latest example. [nL1N2Y927I]", "annotations": [ { "end": 154, "tag": "Neutral", "value": "Revlon Inc", "start": 144, "label": "Neutral" } ] }, { "content": "TI reported revenue of $5.24 billion in the third quarter, compared with analysts' average estimate of $5.14 billion, per Refinitiv data. (Reporting by Chavi Mehta in Bengaluru; Editing by Shinjini Ganguli) ((Chavi.Mehta@thomsonreuters.com;))", "annotations": [ { "end": 2, "tag": "Positive", "value": "TI", "start": 0, "label": "Positive" }, { "end": 131, "tag": "Neutral", "value": "Refinitiv", "start": 122, "label": "Neutral" } ] }, { "content": "** Abu Dhabi investment firm Chimera Investment LLC said it has acquired a controlling stake in Egypt's Beltone Financial Holding , part of a strategy to expand in the Middle East and North Africa region. [nL4N2ZL2AH]", "annotations": [ { "end": 129, "tag": "Neutral", "value": "Beltone Financial Holding", "start": 104, "label": "Neutral" }, { "end": 51, "tag": "Neutral", "value": "Chimera Investment LLC", "start": 29, "label": "Neutral" } ] }, { "content": "Milan, 9th edition conference to award the \"Premio Eccellenze d'Impresa\" (0830 GMT). Borsa Italiana CEO Fabrizio Testa delivers introductory remarks (0900 GMT); UniCredit Chairman Pier Carlo Padoan gives speech (0910 GMT); followed by round-table discussion on \"Inclusiveness and ESG as competitiveness factors for Italian companies\" with Ariston Group Chairman Paolo Merloni, Seco CEO Massimo Mauri, EdiliziaAcrobatica CEO Riccardo Iovino (1000 GMT).", "annotations": [ { "end": 170, "tag": "Neutral", "value": "UniCredit", "start": 161, "label": "Neutral" }, { "end": 99, "tag": "Neutral", "value": "Borsa Italiana", "start": 85, "label": "Neutral" }, { "end": 401, "tag": "Neutral", "value": "Seco", "start": 397, "label": "Neutral" }, { "end": 362, "tag": "Neutral", "value": "Ariston Group", "start": 349, "label": "Neutral" }, { "end": 448, "tag": "Neutral", "value": "EdiliziaAcrobatica", "start": 430, "label": "Neutral" } ] }, { "content": "Pfizer has a 32% stake in the business, which the U.S. drug maker has said it intends on selling over time. ", "annotations": [ { "end": 6, "tag": "Neutral", "value": "Pfizer", "start": 0, "label": "Neutral" } ] }, { "content": "QatarEnergy and German utility firms have been thrashing out long-term LNG deals for much of this year as Berlin looks for alternatives to Russia, which is Germany's biggest gas supplier.", "annotations": [ { "end": 11, "tag": "Neutral", "value": "QatarEnergy", "start": 0, "label": "Neutral" } ] }, { "content": "Both Uber and Lyft have entered a partnership with GetUpside, which offers cash-back programs for fuel purchases, in an attempt to ameliorate the situation.", "annotations": [ { "end": 60, "tag": "Neutral", "value": "GetUpside", "start": 51, "label": "Neutral" }, { "end": 9, "tag": "Neutral", "value": "Uber", "start": 5, "label": "Neutral" }, { "end": 18, "tag": "Neutral", "value": "Lyft", "start": 14, "label": "Neutral" } ] }, { "content": "As expectations of even bigger U.S. rate hikes gripped markets, investors ramped up bets on ECB tightening. Markets now price in around 167 basis points by year-end \ufffdC indicating a chance of at least two 50 half-point rate hikes - compared with 135 basis points before Thursday's ECB meeting. They fully price 75 bps by September. ", "annotations": [ { "end": 95, "tag": "Neutral", "value": "ECB", "start": 92, "label": "Neutral" }, { "end": 283, "tag": "Neutral", "value": "ECB", "start": 280, "label": "Neutral" } ] }, { "content": "The company also owns a 70% stake in the Cambo development in the North Sea, with Shell seeking to sell its 30% stake, which has been at the centre of protests by climate activists in recent years.", "annotations": [ { "end": 87, "tag": "Neutral", "value": "Shell", "start": 82, "label": "Neutral" } ] }, { "content": "Musk, who also runs rocket company SpaceX, brain-chip startup Neuralink and tunneling firm the Boring Company, fired Twitter's previous chief, Parag Agrawal, and other top company officials last week.", "annotations": [ { "end": 71, "tag": "Neutral", "value": "Neuralink", "start": 62, "label": "Neutral" }, { "end": 124, "tag": "Neutral", "value": "Twitter", "start": 117, "label": "Neutral" }, { "end": 41, "tag": "Neutral", "value": "SpaceX", "start": 35, "label": "Neutral" }, { "end": 109, "tag": "Neutral", "value": "Boring Company", "start": 95, "label": "Neutral" } ] }, { "content": "This would impact factor-oriented funds such as those with \"low volatility,\" \"dividend,\" or \"growth\" in their name, and thematic funds, such as \"ESG,\" or \"fintech,\" says Aniket Ullal, Head of ETF Data & Analytics at CFRA. ", "annotations": [ { "end": 220, "tag": "Neutral", "value": "CFRA", "start": 216, "label": "Neutral" } ] }, { "content": "In an update posted on its website, RMI said it had previously based its approval of ITSCI on a 2018 assessment of the scheme from the Organisation for Economic Co-operation and Development with a validity period of three years, which was extended but has now expired because it did not receive \"ITSCI's affirmative response to the RMI's invitations to reapply.\" ", "annotations": [ { "end": 189, "tag": "Neutral", "value": "Organisation for Economic Co-operation and Development", "start": 135, "label": "Neutral" }, { "end": 301, "tag": "Neutral", "value": "ITSCI", "start": 296, "label": "Neutral" }, { "end": 90, "tag": "Neutral", "value": "ITSCI", "start": 85, "label": "Neutral" }, { "end": 335, "tag": "Neutral", "value": "RMI", "start": 332, "label": "Neutral" }, { "end": 39, "tag": "Neutral", "value": "RMI", "start": 36, "label": "Neutral" } ] }, { "content": "Miratorg said it was a supplier for Vkusno & Tochka, the Russian successor to McDonald's, and did not directly address the question of Kazakh sales.", "annotations": [ { "end": 88, "tag": "Neutral", "value": "McDonald's", "start": 78, "label": "Neutral" }, { "end": 51, "tag": "Neutral", "value": "Vkusno & Tochka", "start": 36, "label": "Neutral" }, { "end": 8, "tag": "Neutral", "value": "Miratorg", "start": 0, "label": "Neutral" } ] }, { "content": "Femsa CEO Rodriguez ruled out raising the company's bid to compete with a rival. Valora executives said they had not talked to any other potential bidders but would be obliged to consider any counter offers. ", "annotations": [ { "end": 87, "tag": "Neutral", "value": "Valora", "start": 81, "label": "Neutral" }, { "end": 5, "tag": "Neutral", "value": "Femsa", "start": 0, "label": "Neutral" } ] }, { "content": "\ufffd\ufffdWe still believe the recession will start in 2022 but are pushing out the trough of the recession to winter 2023. The reason is that the rate hikes now appear to be front-loaded into 2022. That implies that the impact of the rate hikes should come as quantitative tightening is having a more noticeable effect on the liquidity,\ufffd\ufffd said Paul Christopher, head of Global Market Strategy at Wells Fargo Investment Institute. ", "annotations": [ { "end": 419, "tag": "Neutral", "value": "Wells Fargo Investment Institute", "start": 387, "label": "Neutral" } ] }, { "content": "** Irish ingredients giant Kerry Group sold its Russian subsidiary to local management and agreed to offload its Belarusian unit to a local operator [nL8N2Z9ARB]", "annotations": [ { "end": 38, "tag": "Neutral", "value": "Kerry Group", "start": 27, "label": "Neutral" } ] }, { "content": "* West Texas Sour rose 15 cents to a midpoint of a 40-cent discount and was bid and offered between a $1.15 and a 35-cent a barrel discount to U.S. crude futures . ", "annotations": [ { "end": 171, "tag": "Neutral", "value": "U.S. crude futures", "start": 153, "label": "Neutral" }, { "end": 17, "tag": "Positive", "value": "West Texas Sour", "start": 2, "label": "Positive" } ] }, { "content": "According to CFRA, S&P 500 bear markets since 1946 have taken an average of 389 calendar days to bottom, and then another two years to return to their prior high.", "annotations": [ { "end": 26, "tag": "Neutral", "value": "S&P 500", "start": 19, "label": "Neutral" }, { "end": 17, "tag": "Neutral", "value": "CFRA", "start": 13, "label": "Neutral" } ] }, { "content": "But for those looking for an equity market bottom, Chris Haverland, global equity strategist at the Wells Fargo Investment Institute (WFII), makes the following observation:", "annotations": [ { "end": 132, "tag": "Neutral", "value": "Wells Fargo Investment Institute", "start": 100, "label": "Neutral" } ] }, { "content": "Pemex has proposed to develop Lakach with New Fortress Energy using a service contract, a formula used prior to the nation's energy sector opening in 2013-14. Under a service contract, Pemex would retain full ownership but bear the risk if prices fall.", "annotations": [ { "end": 5, "tag": "Neutral", "value": "Pemex", "start": 0, "label": "Neutral" }, { "end": 190, "tag": "Neutral", "value": "Pemex", "start": 185, "label": "Neutral" }, { "end": 36, "tag": "Neutral", "value": "Lakach", "start": 30, "label": "Neutral" }, { "end": 61, "tag": "Neutral", "value": "New Fortress Energy", "start": 42, "label": "Neutral" } ] }, { "content": "Other tech giants such as Apple Inc and Intel Corp also issued bonds earlier this week, raising $5.5 billion and $6 billion, respectively.", "annotations": [ { "end": 59, "tag": "Neutral", "value": "Intel Corp", "start": 49, "label": "Neutral" }, { "end": 35, "tag": "Neutral", "value": "Apple Inc", "start": 26, "label": "Neutral" } ] }, { "content": "Morgan Stanley declined to comment. Brookfield did not immediately respond to a request for comment. Representatives for Musk and Twitter could not be reached.", "annotations": [ { "end": 46, "tag": "Neutral", "value": "Brookfield", "start": 36, "label": "Neutral" }, { "end": 137, "tag": "Neutral", "value": "Twitter", "start": 130, "label": "Neutral" }, { "end": 14, "tag": "Neutral", "value": "Morgan Stanley", "start": 0, "label": "Neutral" } ] }, { "content": "The foreign currency debt includes $13 billion in international sovereign bonds held largely by private creditors, such as asset managers BlackRock and Ashmore .", "annotations": [ { "end": 167, "tag": "Neutral", "value": "Ashmore", "start": 160, "label": "Neutral" }, { "end": 147, "tag": "Neutral", "value": "BlackRock", "start": 138, "label": "Neutral" } ] }, { "content": "Pressure to act is building as M&A activity in the $3 trillion emerging market giant grows. Deals involving an Indian target amounted to $121 billion in the first half of the year, per Refinitiv, almost 6% of the total global value. That puts the country fourth after the United States, China and the UK.", "annotations": [ { "end": 194, "tag": "Neutral", "value": "Refinitiv", "start": 185, "label": "Neutral" } ] }, { "content": "A shift to a subscription-like model could add roughly $1 trillion to Apple's current market capitalization, said analysts at Morgan Stanley. ", "annotations": [ { "end": 75, "tag": "Positive", "value": "Apple", "start": 70, "label": "Positive" }, { "end": 140, "tag": "Neutral", "value": "Morgan Stanley", "start": 126, "label": "Neutral" } ] }, { "content": "\"If the Bank of Canada is not raising as much as expected, maybe that sets the tone for other central banks.\"", "annotations": [ { "end": 22, "tag": "Neutral", "value": "Bank of Canada", "start": 8, "label": "Neutral" } ] }, { "content": "Overnight, the Monetary Authority of Singapore and the Philippines central bank surprised markets by tightening monetary policy in off cycle moves. [nL1N2YV00K][nL1N2YV043] ", "annotations": [ { "end": 46, "tag": "Neutral", "value": "Monetary Authority of Singapore", "start": 15, "label": "Neutral" }, { "end": 79, "tag": "Neutral", "value": "Philippines central bank", "start": 55, "label": "Neutral" } ] }, { "content": "Linde reported a 15% rise in quarterly adjusted EPS to $3.10, ahead of the $2.96 forecast from analysts polled by Refinitiv. ", "annotations": [ { "end": 123, "tag": "Neutral", "value": "Refinitiv", "start": 114, "label": "Neutral" }, { "end": 5, "tag": "Positive", "value": "Linde", "start": 0, "label": "Positive" } ] }, { "content": "A 2.6% gain in Spirit Airlines led gains among air carriers, while Melco Resorts jumped 10.3% to lead the rise in the casino sector.", "annotations": [ { "end": 89, "tag": "Positive", "value": "Melco Resorts", "start": 76, "label": "Positive" }, { "end": 30, "tag": "Positive", "value": "Spirit Airlines", "start": 15, "label": "Positive" } ] }, { "content": "The company's results, which analysts at Credit Suisse described as the 'best quarter ever', was bolstered by tight global crude supplies after Western sanctions on Russia, at a time when fuel demand was soaring past pre-pandemic levels.", "annotations": [ { "end": 54, "tag": "Neutral", "value": "Credit Suisse", "start": 41, "label": "Neutral" } ] }, { "content": "Analysts at Daiwa Capital Markets in Taipei said in a report demand for servers from U.S.-based cloud service providers helped propel double-digit growth for the sector. They expected Foxconn's operating profit to grow 12-19% this year. ", "annotations": [ { "end": 33, "tag": "Neutral", "value": "Daiwa Capital Markets", "start": 12, "label": "Neutral" }, { "end": 192, "tag": "Positive", "value": "Foxconn", "start": 185, "label": "Positive" } ] }, { "content": "\"Price conditions in the U.S. are best understood by breaking out goods inflation from services inflation as goods inflation is slowing,\" says Jeffrey Roach, chief economist at LPL Financial. \"However, this is a net positive for investors as the core year over year growth rate has consistently fallen since February.\"", "annotations": [ { "end": 190, "tag": "Neutral", "value": "LPL Financial", "start": 177, "label": "Neutral" } ] }, { "content": "SAP gained 6.5% after the German business software maker reported faster-than-expected revenue growth for the third quarter, while Logitech International jumped 12.5% after the computer peripherals maker reaffirmed its full-year forecast.", "annotations": [ { "end": 163, "tag": "Positive", "value": "Logitech International", "start": 141, "label": "Positive" }, { "end": 3, "tag": "Positive", "value": "SAP", "start": 0, "label": "Positive" } ] }, { "content": "European and Asian stock markets tracked a Wall Street rally on Friday, when better-than-expected earnings and easing worries of a big 100-basis-point rate hike by the Federal Reserve this month boosted sentiment. [.N]", "annotations": [ { "end": 183, "tag": "Neutral", "value": "Federal Reserve", "start": 168, "label": "Neutral" } ] }, { "content": "Walmart Inc gave a much-needed boost to the U.S. earnings picture, with its shares jumping more than 7% Tuesday after it lifted its annual sales and profit forecast. [nL4N32B362]", "annotations": [ { "end": 11, "tag": "Positive", "value": "Walmart Inc", "start": 0, "label": "Positive" } ] }, { "content": "As more people resume travel and plan vacations, retailers and consumer product companies including U.S. discount chain Target and cosmetics maker Coty are benefiting from a jump in luggage sales and increased spending at airports. [nL2N2XB0VD]", "annotations": [ { "end": 159, "tag": "Positive", "value": "Coty", "start": 155, "label": "Positive" }, { "end": 126, "tag": "Positive", "value": "Target", "start": 120, "label": "Positive" } ] }, { "content": " Earlier in September, AIG Inc's life insurance and retirement division Corebridge Financial Inc raised $1.68 billion in the year's biggest IPO, braving market volatility and ending a seven-month lull in major listings. [nL1N30L2X0] ", "annotations": [ { "end": 99, "tag": "Positive", "value": "Corebridge Financial Inc", "start": 75, "label": "Positive" }, { "end": 33, "tag": "Positive", "value": "AIG Inc", "start": 26, "label": "Positive" } ] }, { "content": "Global asset managers including BlackRock and Fidelity have boosted their presence in China in recent years, partly lured by its nascent private pension sector that is expected to surpass $1.7 trillion by 2025 from $300 billion now.", "annotations": [ { "end": 62, "tag": "Neutral", "value": "Fidelity", "start": 54, "label": "Neutral" }, { "end": 41, "tag": "Neutral", "value": "BlackRock", "start": 32, "label": "Neutral" } ] }, { "content": "Wall Street is rebounding strongly on Wednesday, brushing aside fears of a slowing economy, as gains in Apple Inc and Microsoft Corp and a surge in PayPal Holdings are helping the Nasdaq <.IXIC> to more than a 1% advance.", "annotations": [ { "end": 113, "tag": "Positive", "value": "Apple Inc", "start": 104, "label": "Positive" }, { "end": 213, "tag": "Positive", "value": "Nasdaq", "start": 207, "label": "Positive" }, { "end": 181, "tag": "Positive", "value": "PayPal Holdings", "start": 166, "label": "Positive" }, { "end": 141, "tag": "Positive", "value": "Microsoft Corp", "start": 127, "label": "Positive" } ] }, { "content": "\"This softening of inflation expectations is one reason why we expect the FOMC will not accelerate the near-term hiking pace and will deliver a 75bp hike at the July FOMC meeting,\" said analysts at Goldman Sachs in a note. ", "annotations": [ { "end": 78, "tag": "Neutral", "value": "FOMC", "start": 74, "label": "Neutral" }, { "end": 170, "tag": "Neutral", "value": "FOMC", "start": 166, "label": "Neutral" }, { "end": 211, "tag": "Neutral", "value": "Goldman Sachs", "start": 198, "label": "Neutral" } ] }, { "content": "Victoria's Secret climbed 9.5% after the lingerie brand topped first-quarter profit estimates as costs fell. [nL4N2XO21J] Declining issues outnumbered advancing ones on the NYSE by a 1.59-to-1 ratio; on Nasdaq, a 1.79-to-1 ratio favored decliners.", "annotations": [ { "end": 189, "tag": "Neutral", "value": "NYSE", "start": 185, "label": "Neutral" }, { "end": 221, "tag": "Neutral", "value": "Nasdaq", "start": 215, "label": "Neutral" }, { "end": 17, "tag": "Positive", "value": "Victoria's Secret", "start": 0, "label": "Positive" } ] }, { "content": "Rival graphics chip maker Nvidia jumped over 5%, mobile chipmaker Qualcomm added over 2% and memory chip manufacturer Micron Technology climbed 1.5%. ", "annotations": [ { "end": 74, "tag": "Positive", "value": "Qualcomm", "start": 66, "label": "Positive" }, { "end": 135, "tag": "Positive", "value": "Micron Technology", "start": 118, "label": "Positive" }, { "end": 32, "tag": "Positive", "value": "Nvidia", "start": 26, "label": "Positive" } ] }, { "content": "OPEC+ is set to raise its oil output goal by 100,000 barrels per day, an amount analysts said was a setback to U.S. President Joe Biden after his trip to Saudi Arabia to ask the producer group's leader to pump more to help the United States and the global economy. [nL1N2ZF13I]", "annotations": [ { "end": 5, "tag": "Neutral", "value": "OPEC+", "start": 0, "label": "Neutral" } ] }, { "content": "Investors were also positioning ahead of earnings in big companies such as Apple , Microsoft and Amazon.com , as well as second-quarter GDP data.", "annotations": [ { "end": 100, "tag": "Neutral", "value": "Microsoft", "start": 91, "label": "Neutral" }, { "end": 124, "tag": "Neutral", "value": "Amazon.com", "start": 114, "label": "Neutral" }, { "end": 80, "tag": "Neutral", "value": "Apple", "start": 75, "label": "Neutral" } ] }, { "content": "\"Increase in social transfers and tax cuts should cushion the slowdown in the second half,\" wrote David Beker, head of Brazil Economics at BofA.", "annotations": [ { "end": 143, "tag": "Neutral", "value": "BofA", "start": 139, "label": "Neutral" } ] }, { "content": "\"The new 408 focuses on the most requested trim levels,\" said Peugeot product director J\ufffd\ufffdr?me Micheron. \"This will simplify the customer journey.\"", "annotations": [ { "end": 69, "tag": "Neutral", "value": "Peugeot", "start": 62, "label": "Neutral" } ] }, { "content": "\"The spending plans that it appears the new UK Government will implement will effectively provide a fiscal boost which the BoE can leverage off to tighten policy harder and faster.\"", "annotations": [ { "end": 126, "tag": "Neutral", "value": "BoE", "start": 123, "label": "Neutral" } ] }, { "content": "At the same time, estimated third-quarter profit growth is edging higher as the majority of companies are beating expectations, with earnings now expected to have increased 4.8% in the third quarter over a year ago, Refinitiv data shows. ", "annotations": [ { "end": 225, "tag": "Neutral", "value": "Refinitiv", "start": 216, "label": "Neutral" } ] }, { "content": "\"The Fed chairman has added little to what we know already, and so perhaps risk assets feel a bit better about rallying than they did when European markets opened this morning\", commented IG analyst Chris Beauchamp. ", "annotations": [ { "end": 8, "tag": "Neutral", "value": "Fed", "start": 5, "label": "Neutral" }, { "end": 190, "tag": "Neutral", "value": "IG", "start": 188, "label": "Neutral" } ] }, { "content": "Apollo said its private equity portfolio appreciated by 8% in the first quarter. The private equity funds of Blackstone and Carlyle rose by 2.8% and 7%, respectively, while those of KKR fell 5% in the same period.", "annotations": [ { "end": 6, "tag": "Positive", "value": "Apollo", "start": 0, "label": "Positive" }, { "end": 185, "tag": "Negative", "value": "KKR", "start": 182, "label": "Negative" }, { "end": 131, "tag": "Positive", "value": "Carlyle", "start": 124, "label": "Positive" }, { "end": 119, "tag": "Positive", "value": "Blackstone", "start": 109, "label": "Positive" } ] }, { "content": "Foxconn said it was optimistic about its business in the third quarter, adding it could see \"significant growth\" compared with a year earlier.", "annotations": [ { "end": 7, "tag": "Positive", "value": "Foxconn", "start": 0, "label": "Positive" } ] }, { "content": "Snap's stock has lost about 77% of its value so far this year, while Alphabet, Meta and Pinterest have lost between 30% and 60%. Twitter, however, has gained 21% on the prospect of billionaire Musk buying the company.", "annotations": [ { "end": 136, "tag": "Positive", "value": "Twitter", "start": 129, "label": "Positive" }, { "end": 83, "tag": "Negative", "value": "Meta", "start": 79, "label": "Negative" }, { "end": 77, "tag": "Negative", "value": "Alphabet", "start": 69, "label": "Negative" }, { "end": 97, "tag": "Negative", "value": "Pinterest", "start": 88, "label": "Negative" }, { "end": 4, "tag": "Negative", "value": "Snap", "start": 0, "label": "Negative" } ] }, { "content": "\"Halliburton continues to benefit from momentum in activity/exposure to pressure pumping in North America, along with higher contribution from international operations,\" wrote analysts for investment banking firm Jefferies in a note. ", "annotations": [ { "end": 12, "tag": "Positive", "value": "Halliburton", "start": 1, "label": "Positive" }, { "end": 222, "tag": "Neutral", "value": "Jefferies", "start": 213, "label": "Neutral" } ] }, { "content": "Boeing Co surged 4.7% after China Southern Airlines Co Ltd <600029.SS> this week conducted test flights with a 737 MAX plane for the first time since March, in a sign the jet's return in China could be nearing as demand rebounds. [nL8N2Y218S]", "annotations": [ { "end": 9, "tag": "Positive", "value": "Boeing Co", "start": 0, "label": "Positive" }, { "end": 65, "tag": "Neutral", "value": "China Southern Airlines Co Ltd", "start": 35, "label": "Neutral" } ] }, { "content": "On the corporate front, there was downbeat news from the world's no.2 fashion retailer H&M which reported a smaller-than-expected rise in June-August net sales. Banks are also in focus after Morgan Stanley upgraded the rate-sensitive sector to overweight, citing cheap valuations and resilient earnings.", "annotations": [ { "end": 90, "tag": "Negative", "value": "H&M", "start": 87, "label": "Negative" }, { "end": 214, "tag": "Neutral", "value": "Morgan Stanley", "start": 200, "label": "Neutral" } ] }, { "content": "\"Once again the macro influences have seeped back into this market especially as it relates to Friday's employment number the economics of that should be giving us much better gasoline demand than we're seeing,\" said John Kilduff, partner at Again Capital LLC in New York.", "annotations": [ { "end": 259, "tag": "Neutral", "value": "Again Capital LLC", "start": 242, "label": "Neutral" } ] }, { "content": "The companies with the highest buyback totals in Q2 were Apple , Alphabet , Microsoft , Meta Platforms and Lowe's .", "annotations": [ { "end": 147, "tag": "Positive", "value": "Lowe's", "start": 141, "label": "Positive" }, { "end": 81, "tag": "Positive", "value": "Alphabet", "start": 73, "label": "Positive" }, { "end": 62, "tag": "Positive", "value": "Apple", "start": 57, "label": "Positive" }, { "end": 102, "tag": "Positive", "value": "Microsoft", "start": 93, "label": "Positive" }, { "end": 102, "tag": "Positive", "value": "Microsoft", "start": 93, "label": "Positive" }, { "end": 127, "tag": "Positive", "value": "Meta Platforms", "start": 113, "label": "Positive" } ] }, { "content": "CureVac and GSK said in April that their second-generation vaccine candidate targeting two recent COVID-19 variants had been shown to be highly effective in preclinical studies on mice. [nL5N2WJ49G]", "annotations": [ { "end": 15, "tag": "Positive", "value": "GSK", "start": 12, "label": "Positive" }, { "end": 7, "tag": "Positive", "value": "CureVac", "start": 0, "label": "Positive" } ] }, { "content": "FTX filed for bankruptcy on Friday, one of the highest profile crypto blowups, after traders rushed to withdraw $6 billion from the platform in just 72 hours and rival exchange Binance abandoned a proposed rescue deal. ", "annotations": [ { "end": 3, "tag": "Negative", "value": "FTX", "start": 0, "label": "Negative" }, { "end": 184, "tag": "Neutral", "value": "Binance", "start": 177, "label": "Neutral" } ] }, { "content": "Shares of chipmakers heavily exposed to China were trading mostly higher, rebounding after early declines. Advanced Micro Devices rallied about 3% ahead of its quarterly report after the bell.", "annotations": [ { "end": 129, "tag": "Positive", "value": "Advanced Micro Devices", "start": 107, "label": "Positive" } ] }, { "content": " A mix of national-union affiliation and grassroots support by young, progressive Starbucks workers has powered the coffee-chain campaign, said Logan. Winning at Amazon instead entails gaining traction in far-larger facilities which have employee turnover. ", "annotations": [ { "end": 94, "tag": "Neutral", "value": "Starbucks", "start": 85, "label": "Neutral" }, { "end": 171, "tag": "Neutral", "value": "Amazon", "start": 165, "label": "Neutral" } ] }, { "content": "\"I have zero confidence in Credit Suisse's ability to turn around the bank,\" said Thomas Hayes, chairman and managing member of Great Hill Capital.", "annotations": [ { "end": 40, "tag": "Negative", "value": "Credit Suisse", "start": 27, "label": "Negative" }, { "end": 146, "tag": "Neutral", "value": "Great Hill Capital", "start": 128, "label": "Neutral" } ] }, { "content": " \"This removes a major overhang for the sector, particularly for the U.S. operators, and should be taken as a strong positive by the market,\" UBS wrote in a research note on Monday. ", "annotations": [ { "end": 148, "tag": "Neutral", "value": "UBS", "start": 145, "label": "Neutral" } ] }, { "content": "Dollar General Corp and Dollar Tree gained 11.4% and 15.3% respectively, after raising their annual sales forecasts, as more Americans turn to discount store shopping with inflation at a four-decade high. [nL3N2XI295][nL3N2XI2CJ]", "annotations": [ { "end": 19, "tag": "Positive", "value": "Dollar General Corp", "start": 0, "label": "Positive" }, { "end": 42, "tag": "Positive", "value": "Dollar Tree", "start": 31, "label": "Positive" } ] }, { "content": "It was not all doom and gloom as IT giant IBM Corp rose 2.6% after saying it expected to hit the top end of its revenue growth forecast for 2022, even as it flagged a $300 million knock to revenue from the suspension of its Russia business. [nL3N2WH3AE]", "annotations": [ { "end": 50, "tag": "Positive", "value": "IBM Corp", "start": 42, "label": "Positive" } ] }, { "content": "Among other stocks, home improvement retailer Lowe's Companies Inc jumped 4.3% after increasing its annual profit forecast on steady demand.", "annotations": [ { "end": 66, "tag": "Positive", "value": "Lowe's Companies Inc", "start": 46, "label": "Positive" } ] }, { "content": "The S&P/ASX 200 <.AXJO> closed 0.4% higher at 6,650.60 points, extending gains to a third consecutive session. The benchmark had risen 0.2% on Wednesday.", "annotations": [ { "end": 15, "tag": "Positive", "value": "S&P/ASX 200", "start": 4, "label": "Positive" } ] }, { "content": "Blackstone Inc , Carlyle Inc , and KKR & Co Inc have reported record fourth-quarter earnings that outperformed analyst estimates. [nL1N2U7194] [nL1N2UE002] [nL1N2UJ1RU]", "annotations": [ { "end": 34, "tag": "Positive", "value": "Carlyle Inc", "start": 23, "label": "Positive" }, { "end": 14, "tag": "Positive", "value": "Blackstone Inc", "start": 0, "label": "Positive" }, { "end": 59, "tag": "Positive", "value": "KKR & Co Inc", "start": 47, "label": "Positive" } ] }, { "content": "\"The safety and health of our workforce is always our top priority. Whenever there is an incident, we double our efforts to reinforce safety,\" Exxon said in response to questions about the stand-down. ", "annotations": [ { "end": 148, "tag": "Neutral", "value": "Exxon", "start": 143, "label": "Neutral" } ] }, { "content": "Wells Fargo , Bank of America and Citigroup advanced more than 1% each premarket, leading gains among big banks. ", "annotations": [ { "end": 11, "tag": "Positive", "value": "Wells Fargo", "start": 0, "label": "Positive" }, { "end": 58, "tag": "Positive", "value": "Citigroup", "start": 49, "label": "Positive" }, { "end": 36, "tag": "Positive", "value": "Bank of America", "start": 21, "label": "Positive" } ] }, { "content": "Dubai's main share index <.DFMGI> edged up 0.1%, helped by a 0.8% rise in Dubai Islamic Bank and a 0.8% increase in Emirates Integrated Telecommunications .", "annotations": [ { "end": 24, "tag": "Positive", "value": "Dubai's main share index", "start": 0, "label": "Positive" }, { "end": 164, "tag": "Positive", "value": "Emirates Integrated Telecommunications", "start": 126, "label": "Positive" }, { "end": 92, "tag": "Positive", "value": "Dubai Islamic Bank", "start": 74, "label": "Positive" } ] }, { "content": "AMTD Digital has all the ambition that inflated growth-focused technology stocks in recent years, promising in its prospectus to act as a \ufffd\ufffdfusion reactor\ufffd\ufffd for a wider ecosystem. Yet it\ufffd\ufffds not the potential to supercharge 10-month net profit of HK$187 million ($24 million) so much as its inexplicable surge that has produced comparisons with pandemic-era so-called meme stocks [nL4N2ZF373] like GameStop or AMC Entertainment . ", "annotations": [ { "end": 12, "tag": "Neutral", "value": "AMTD Digital", "start": 0, "label": "Neutral" }, { "end": 431, "tag": "Neutral", "value": "AMC Entertainment", "start": 414, "label": "Neutral" }, { "end": 402, "tag": "Neutral", "value": "GameStop", "start": 394, "label": "Neutral" } ] }, { "content": "Coca-Cola, PepsiCo and other international brands in January called for a global pact that included calls to cut plastic production, a key growth area for the oil industry.", "annotations": [ { "end": 9, "tag": "Neutral", "value": "Coca-Cola", "start": 0, "label": "Neutral" }, { "end": 18, "tag": "Neutral", "value": "PepsiCo", "start": 11, "label": "Neutral" } ] }, { "content": "Adding to the positive mood on Thursday, a survey by the Ifo Institute showed that German business morale rose more than expected in November and pessimism heading into the coming months eased considerably.", "annotations": [ { "end": 70, "tag": "Neutral", "value": "Ifo Institute", "start": 57, "label": "Neutral" } ] }, { "content": "Citigroup will report results later on Friday. Wells Fargo & Co reported an 86% jump in fourth-quarter profit on Friday, propped up by gains from the sale of its corporate trust and asset management businesses. [nL4N2TU32F]", "annotations": [ { "end": 69, "tag": "Positive", "value": "Wells Fargo & Co", "start": 53, "label": "Positive" }, { "end": 9, "tag": "Neutral", "value": "Citigroup", "start": 0, "label": "Neutral" } ] }, { "content": "\"The trend in residential construction remains weak,\" says Rubeela Farooqi, chief U.S. economist at High Frequency Economics. \"But it is positive for nonresidential and public so far in Q3.\"", "annotations": [ { "end": 124, "tag": "Neutral", "value": "High Frequency Economics", "start": 100, "label": "Neutral" } ] }, { "content": "Shares in Deliveroo , their most preferred name in the sector, are up 10.4%. Ocado , perhaps the least preferred, but it is still gaining 6.8% today.", "annotations": [ { "end": 19, "tag": "Positive", "value": "Deliveroo", "start": 10, "label": "Positive" }, { "end": 89, "tag": "Positive", "value": "Ocado", "start": 84, "label": "Positive" } ] }, { "content": "Singapore stocks <.STI> rose 0.7% on Friday, to their highest level since June 10 and were also up 2.4% this week. Stocks in Malaysia <.KLSE> and Indonesia <.JKSE> gained 2.7% and 3.4%, respectively, for the week.", "annotations": [ { "end": 16, "tag": "Positive", "value": "Singapore stocks", "start": 0, "label": "Positive" }, { "end": 133, "tag": "Positive", "value": "Stocks in Malaysia", "start": 115, "label": "Positive" }, { "end": 155, "tag": "Positive", "value": "Indonesia", "start": 146, "label": "Positive" } ] }, { "content": "The RBI has been focussing on controlling inflation that has stayed above its tolerance range for an eighth straight month. The RBI targets inflation in the 2%-6% band and has hiked the repo rate by 140 basis points in the May-August period.", "annotations": [ { "end": 131, "tag": "Neutral", "value": "RBI", "start": 128, "label": "Neutral" }, { "end": 7, "tag": "Neutral", "value": "RBI", "start": 4, "label": "Neutral" } ] }, { "content": "Those and other digital initiatives are expected to help UPS win roughly $2 billion in new business this year from retailers and small businesses that sell via platforms like eBay and Shopify , Tom\ufffd\ufffd said. ", "annotations": [ { "end": 179, "tag": "Neutral", "value": "eBay", "start": 175, "label": "Neutral" }, { "end": 60, "tag": "Positive", "value": "UPS", "start": 57, "label": "Positive" }, { "end": 200, "tag": "Neutral", "value": "Shopify", "start": 193, "label": "Neutral" } ] }, { "content": "\"Counter-cyclical nature of exchange business models reduces their downside risk during market turmoil relative to peer financial sector companies and the broader market,\" said Gautam Sawant, CFA, Credit Suisse.", "annotations": [ { "end": 210, "tag": "Neutral", "value": "Credit Suisse", "start": 197, "label": "Neutral" } ] }, { "content": "Shares of Netflix jumped 14% in after-hours trading, boosted in part by the streaming giant's forecast that it would pick up 4.5 million customers in the fourth quarter. The company's stock, an investor favorite during its years of rapid growth, had fallen nearly 60% this year before the earnings report. ", "annotations": [ { "end": 17, "tag": "Positive", "value": "Netflix", "start": 10, "label": "Positive" } ] }, { "content": "Danish drugmaker Novo Nordisk gained 4.3% after increasing its sales and operating profit outlook for the year, while French construction materials group Saint-Gobain rose 2.6% after reporting record first-quarter sales. [nL2N2WR0EV] [nL2N2WQ27O]", "annotations": [ { "end": 177, "tag": "Positive", "value": "Saint-Gobain", "start": 165, "label": "Positive" }, { "end": 29, "tag": "Positive", "value": "Novo Nordisk", "start": 17, "label": "Positive" } ] }, { "content": "With the coming of cooler autumn weather, Refinitiv projected average U.S. gas demand, including exports, would slip from 93.9 bcfd this week to 93.7 bcfd next week. Those forecasts were higher than Refinitiv's outlook on Tuesday.", "annotations": [ { "end": 51, "tag": "Neutral", "value": "Refinitiv", "start": 42, "label": "Neutral" }, { "end": 208, "tag": "Neutral", "value": "Refinitiv", "start": 199, "label": "Neutral" } ] }, { "content": "Spirit Airlines Inc jumped 17% after it and Frontier Group Holdings unveiled plans to create the fifth-largest U.S. airline in a $2.9 billion tie-up. That lifted the S&P 1500 Airlines Index <.SPCOMAIR> over 3%. [nL4N2UI2IL]", "annotations": [ { "end": 207, "tag": "Positive", "value": "S&P 1500 Airlines Index", "start": 184, "label": "Positive" }, { "end": 76, "tag": "Positive", "value": "Frontier Group Holdings", "start": 53, "label": "Positive" }, { "end": 19, "tag": "Positive", "value": "Spirit Airlines Inc", "start": 0, "label": "Positive" } ] }, { "content": "\"The policy response required to what is going on is clear: a large, inter-meeting rate hike from the Bank of England as soon as next week to regain credibility with the market. And, a strong signal that it is willing to do 'whatever it takes' to bring inflation down quickly and real yield into positive territory,\" he added.", "annotations": [ { "end": 117, "tag": "Neutral", "value": "Bank of England", "start": 102, "label": "Neutral" } ] }, { "content": "European futures contracts are barely moving ahead of the open, with STOXX futures <.STXEc1> losing a tiny 0.03% while FTSE futures are up 0.08% after better-than-expected British GDP data. ", "annotations": [ { "end": 131, "tag": "Positive", "value": "FTSE futures", "start": 119, "label": "Positive" }, { "end": 82, "tag": "Negative", "value": "STOXX futures", "start": 69, "label": "Negative" } ] }, { "content": "Easing supply snarls and improved staffing has helped Campbell meet robust demand for its soups and sauces as consumers prioritize food essentials over discretionary goods amid surging inflation.", "annotations": [ { "end": 62, "tag": "Positive", "value": "Campbell", "start": 54, "label": "Positive" } ] }, { "content": "In premarket trade, Kellogg's shares were up nearly 7% after the company announced it would split into three different companies by spinning off its North American cereal and plant-based foods businesses. [nL4N2Y822D]", "annotations": [ { "end": 27, "tag": "Positive", "value": "Kellogg", "start": 20, "label": "Positive" } ] }, { "content": "In Europe, traders see gains in Siemens after the German engineer beat profit expectations and forecast strong demand for hardware and software despite the complex macro. Good-looking news too from Thyssenkrupp , which proposed its first dividend in four years. Burberry could also see support after the quarterly sales growth at the British luxury brand beat forecasts.", "annotations": [ { "end": 221, "tag": "Positive", "value": "Thyssenkrupp", "start": 209, "label": "Positive" }, { "end": 39, "tag": "Positive", "value": "Siemens", "start": 32, "label": "Positive" }, { "end": 290, "tag": "Positive", "value": "Burberry", "start": 282, "label": "Positive" } ] }, { "content": "The domestic financial sector <.AXFJ> notched its biggest rise since early June with a 1.4% rise, with three out of four of Australia's \"Big Four\" banks gaining between 1% and 1.9%.", "annotations": [ { "end": 29, "tag": "Positive", "value": "domestic financial sector", "start": 4, "label": "Positive" } ] }, { "content": "With respect to the power space, Generac Holdings Inc will certainly be monitored as the company is viewed as benefiting from increased demand for its home standby generators and typically sees its shares rise amid major storms. GNRC shares are up 1.3% on Wednesday and have now gained in three of the past four sessions. [nL1N30Y1A6]", "annotations": [ { "end": 53, "tag": "Positive", "value": "Generac Holdings Inc", "start": 33, "label": "Positive" }, { "end": 242, "tag": "Positive", "value": "GNRC", "start": 238, "label": "Positive" } ] }, { "content": "Procter & Gamble gained 2.7% after raising its annual sales view and IBM Corp jumped 7.8% as it forecast hitting the top end of its 2022 revenue growth estimate. [nL3N2WI28E] [nL3N2WH3AE]", "annotations": [ { "end": 77, "tag": "Positive", "value": "IBM Corp", "start": 69, "label": "Positive" }, { "end": 16, "tag": "Positive", "value": "Procter & Gamble", "start": 0, "label": "Positive" } ] }, { "content": "\"Support for carbon-free energy in the legislation creates opportunities for us to extend the life of our nuclear fleet past mid-century and pursue hydrogen production to slash emissions from difficult-to-decarbonize sectors of the economy,\" Constellation CEO Joe Dominguez said in the company's third-quarter earnings release.", "annotations": [ { "end": 255, "tag": "Neutral", "value": "Constellation", "start": 242, "label": "Neutral" } ] }, { "content": "However, Facebook parent Meta Platforms Inc climbed after falling 9.8% last month, while Microsoft Corp and Nvidia Corp gained after sharp declines in April.", "annotations": [ { "end": 135, "tag": "Positive", "value": "Nvidia Corp", "start": 124, "label": "Positive" }, { "end": 43, "tag": "Positive", "value": "Meta Platforms Inc", "start": 25, "label": "Positive" }, { "end": 110, "tag": "Positive", "value": "Microsoft Corp", "start": 96, "label": "Positive" }, { "end": 17, "tag": "Positive", "value": "Facebook", "start": 9, "label": "Positive" } ] }, { "content": "Brazilian oil major Petroleo Brasileiro , or Petrobras, jumped as much as 3.2% before reversing course after the company posted a stronger-than-expected 48% surge in third-quarter profit. ", "annotations": [ { "end": 39, "tag": "Positive", "value": "Petroleo Brasileiro", "start": 20, "label": "Positive" }, { "end": 64, "tag": "Positive", "value": "Petrobras", "start": 55, "label": "Positive" } ] }, { "content": "\"With another 75bp rate hike delivered today and expectations for NII (net interest income) across many banks looking unaggressive, we remain positive,\" analysts at Jefferies wrote in a note.", "annotations": [ { "end": 174, "tag": "Neutral", "value": "Jefferies", "start": 165, "label": "Neutral" } ] }, { "content": "Bank of America threw the week's first earnings pitch, beating profit estimates as its strong consumer business helped mitigate sluggish global deal-making. Its shares were last up around 2.5%. [nL3N2WG1T3]", "annotations": [ { "end": 15, "tag": "Positive", "value": "Bank of America", "start": 0, "label": "Positive" } ] }, { "content": "For the week, Brent was up about 11% and WTI up about 16%. Both would be the biggest weekly percentage gains since March.", "annotations": [ { "end": 44, "tag": "Positive", "value": "WTI", "start": 41, "label": "Positive" }, { "end": 19, "tag": "Positive", "value": "Brent", "start": 14, "label": "Positive" } ] }, { "content": "In the face of aggressive rate increases by the Federal Reserve and the Ukraine war, investors boosted trading activity, helping the bank's fixed income, currency and commodities division.", "annotations": [ { "end": 63, "tag": "Neutral", "value": "Federal Reserve", "start": 48, "label": "Neutral" } ] }, { "content": "To survive in a world where the likes of General Motors , Ford , Renault or Stellantis can make hundreds of thousands of vans a year, superior software or technology could make all the difference for newer entrants.", "annotations": [ { "end": 107, "tag": "Neutral", "value": "Stellantis", "start": 97, "label": "Neutral" }, { "end": 68, "tag": "Neutral", "value": "Ford", "start": 64, "label": "Neutral" }, { "end": 83, "tag": "Neutral", "value": "Renault", "start": 76, "label": "Neutral" }, { "end": 55, "tag": "Neutral", "value": "General Motors", "start": 41, "label": "Neutral" } ] }, { "content": "Its peers General Motors Co reported on Monday a 24% jump in quarterly sales while Toyota Motor's U.S. sales declined 7.1% to 526,017 vehicles in the same period. [nL4N3142H2]", "annotations": [ { "end": 27, "tag": "Positive", "value": "General Motors Co", "start": 10, "label": "Positive" }, { "end": 102, "tag": "Negative", "value": "Toyota Motor", "start": 90, "label": "Negative" } ] }, { "content": "NEW YORK - Wall Street's main indexes jumped on Monday as Bank of America led a rally among lenders after reporting a smaller-than-expected drop in profit, with its new loans benefiting from higher borrowing costs.", "annotations": [ { "end": 73, "tag": "Positive", "value": "Bank of America", "start": 58, "label": "Positive" } ] }, { "content": "\"Despite the surge in cases and recent protests, China has not hardened its COVID approach and is continuing to fine-tune its policy, which is encouraging to investors,\" said Redmond Wong, Greater China market strategist at Saxo Markets in Hong Kong.", "annotations": [ { "end": 236, "tag": "Neutral", "value": "Saxo Markets", "start": 224, "label": "Neutral" } ] }, { "content": "Tesla's shares have climbed about 35% over the past year and rose 3% on Thursday after its results raced ahead of expectations. [nL3N2WI3AV]", "annotations": [ { "end": 5, "tag": "Positive", "value": "Tesla", "start": 0, "label": "Positive" } ] }, { "content": "Rusal is the world's largest aluminium producer outside China accounting for 6% of global supplies estimated at around 70 million tonnes this year. Banning its metal from the exchange could create a price surge, benefiting other producers.", "annotations": [ { "end": 5, "tag": "Neutral", "value": "Rusal", "start": 0, "label": "Neutral" } ] }, { "content": "French food group Danone on Thursday raised its 2022 revenue growth forecast after its third-quarter sales beat analysts' estimates as the firm was able to raise prices to counter soaring costs. [nL8N31S8RJ]", "annotations": [ { "end": 24, "tag": "Positive", "value": "Danone", "start": 18, "label": "Positive" } ] }, { "content": "Banks looked set to extend their climb higher, with Bank of America up 1% in premarket trading, while megacap growth and technology stocks that led the overnight rally were mixed.", "annotations": [ { "end": 67, "tag": "Positive", "value": "Bank of America", "start": 52, "label": "Positive" } ] }, { "content": "The MSCI's index for emerging market equities <.MSCIEF> rose for the first time in three days, with gains mainly led by most regions, excluding China stocks <.CSI300> <.SSEC>. ", "annotations": [ { "end": 45, "tag": "Positive", "value": "MSCI's index for emerging market equities", "start": 4, "label": "Positive" } ] }, { "content": "BofA continues to believe small caps are largely discounting recession risks, and that small cap value still looks like a bargain relative to small-cap growth. Indeed, despite economic concerns, BofA says that sectors with the best estimate revision trends are cyclicals, while consumer discretionary now ranks last.", "annotations": [ { "end": 4, "tag": "Neutral", "value": "BofA", "start": 0, "label": "Neutral" }, { "end": 199, "tag": "Neutral", "value": "BofA", "start": 195, "label": "Neutral" } ] }, { "content": "Today's Brent prices are broadly in line with their 15-year average, notes Morgan Stanely. \"Our forecast is that Brent stays around the mid-90s until early next year and then returns to a stronger trajectory after the coming winter.\"", "annotations": [ { "end": 13, "tag": "Neutral", "value": "Brent", "start": 8, "label": "Neutral" }, { "end": 89, "tag": "Neutral", "value": "Morgan Stanely", "start": 75, "label": "Neutral" }, { "end": 118, "tag": "Neutral", "value": "Brent", "start": 113, "label": "Neutral" } ] }, { "content": "Value-oriented bank stocks including Bank of America , Goldman Sachs , JPMorgan Chase & Co and Citigroup also rose about 1% each.", "annotations": [ { "end": 75, "tag": "Positive", "value": "Goldman Sachs", "start": 62, "label": "Positive" }, { "end": 52, "tag": "Positive", "value": "Bank of America", "start": 37, "label": "Positive" }, { "end": 103, "tag": "Positive", "value": "JPMorgan Chase & Co", "start": 84, "label": "Positive" }, { "end": 125, "tag": "Positive", "value": "Citigroup", "start": 116, "label": "Positive" } ] }, { "content": "All of the three major indexes closed higher last week. The tech heavy Nasdaq <.IXIC> added 3.3%, the S&P 500 <.SPX> 2.4% and the Dow <.DJI> gained 2%.", "annotations": [ { "end": 133, "tag": "Positive", "value": "Dow", "start": 130, "label": "Positive" }, { "end": 77, "tag": "Positive", "value": "Nasdaq", "start": 71, "label": "Positive" }, { "end": 109, "tag": "Positive", "value": "S&P 500", "start": 102, "label": "Positive" } ] }, { "content": "Nestle has also benefited from price hikes and a smaller-than-expected slowdown in demand, with the world's largest packaged food company posting its strongest nine-month sales growth in 14 years and raising its full-year forecast earlier on Wednesday. ", "annotations": [ { "end": 6, "tag": "Positive", "value": "Nestle", "start": 0, "label": "Positive" } ] }, { "content": "\"We maybe have a bit less chaos with Boris Johnson not running but it's not like Rishi Sunak has a strong programme presenting greater horizons ahead for the UK economy when the backdrop is still the backdrop,\" said John Hardy head of FX strategy at Saxo Bank. ", "annotations": [ { "end": 259, "tag": "Neutral", "value": "Saxo Bank", "start": 250, "label": "Neutral" } ] }, { "content": "The S&P 500 communication services index <.SPLRCL> added 3.1%, rising for the first time in five days and led sectoral gains. Tech stocks <.SPLRCT> rose 2.8%.", "annotations": [ { "end": 40, "tag": "Positive", "value": "S&P 500 communication services index", "start": 4, "label": "Positive" }, { "end": 137, "tag": "Positive", "value": "Tech stocks", "start": 126, "label": "Positive" } ] }, { "content": "Shares of Lululemon rose about 2% in extended trading after the company also forecast current-quarter revenue and profit above estimates and posted better-than-expected first-quarter earnings results.", "annotations": [ { "end": 19, "tag": "Positive", "value": "Lululemon", "start": 10, "label": "Positive" } ] }, { "content": "Adding to the upbeat mood for stock investors Friday, T-Mobile US Inc shares rose after it raised its annual forecast for wireless subscriber additions. Also, Exxon Mobil posted a record-breaking quarter profit, while Chevron reported its second-highest ever quarterly profit. [nL1N31T0SJ] All three major stock indexes were up sharply Friday.", "annotations": [ { "end": 242, "tag": "Positive", "value": "Chevron", "start": 235, "label": "Positive" }, { "end": 69, "tag": "Positive", "value": "T-Mobile US Inc", "start": 54, "label": "Positive" }, { "end": 179, "tag": "Positive", "value": "Exxon Mobil", "start": 168, "label": "Positive" } ] }, { "content": "The OPEC+ producer group agreed this week to raise its oil output goal by 100,000 barrels per day (bpd) in September, but this was one of the smallest increases since such quotas were introduced in 1982, OPEC data showed. [nL1N2ZF13I]", "annotations": [ { "end": 9, "tag": "Neutral", "value": "OPEC+", "start": 4, "label": "Neutral" }, { "end": 208, "tag": "Neutral", "value": "OPEC", "start": 204, "label": "Neutral" } ] }, { "content": "The Nasdaq <.IXIC> and S&P 500 <.SPX> recorded their best sessions of 2022, rising 1.4% and 0.9%, respectively. S&P 500 futures were steady in early Asia trade. [.N]", "annotations": [ { "end": 10, "tag": "Positive", "value": "Nasdaq", "start": 4, "label": "Positive" }, { "end": 30, "tag": "Positive", "value": "S&P 500", "start": 23, "label": "Positive" }, { "end": 127, "tag": "Neutral", "value": "S&P 500 futures", "start": 112, "label": "Neutral" } ] }, { "content": "The Nasdaq Composite <.IXIC> is out front of the major indexes, and all S&P 500 <.SPX> sectors are higher. Materials <.SPLRCM> are posting the biggest rise, while energy <.SPNY> is the laggard.", "annotations": [ { "end": 169, "tag": "Negative", "value": "energy", "start": 163, "label": "Negative" }, { "end": 20, "tag": "Positive", "value": "Nasdaq Composite", "start": 4, "label": "Positive" }, { "end": 79, "tag": "Positive", "value": "S&P 500", "start": 72, "label": "Positive" }, { "end": 116, "tag": "Positive", "value": "Materials", "start": 107, "label": "Positive" } ] }, { "content": "Joining up on fossil fuel powered vehicles makes sense too. These will contribute less to most automakers\ufffd\ufffd top line as policymakers demand cars are cleaner. But the numbers could stay significant for years or decades. Roughly 50 million internal combustion engine models were sold last year, per the International Organization of Motor Vehicle Manufacturers and the International Energy Agency. Meanwhile stringent environmental regulations make it increasingly irksome and costly to design and manufacture such models. Off-the-shelf solutions would be an affordable alternative. ", "annotations": [ { "end": 357, "tag": "Neutral", "value": "International Organization of Motor Vehicle Manufacturers", "start": 300, "label": "Neutral" }, { "end": 393, "tag": "Neutral", "value": "International Energy Agency", "start": 366, "label": "Neutral" } ] }, { "content": "But shares of Wells Fargo & Co gained in pre-market trade after posting a greater-than-expected rise in fourth-quarter profit. [nL4N2TU2VT]", "annotations": [ { "end": 30, "tag": "Positive", "value": "Wells Fargo & Co", "start": 14, "label": "Positive" } ] }, { "content": "Tuesday's gains are being led by Qualcomm , Broadcom and graphics chip maker Nvidia , which holds developer and investor events on Tuesday, with analysts looking for updates on products related to AI and the \"multiverse\". ", "annotations": [ { "end": 60, "tag": "Positive", "value": "Broadcom", "start": 52, "label": "Positive" }, { "end": 41, "tag": "Positive", "value": "Qualcomm", "start": 33, "label": "Positive" }, { "end": 100, "tag": "Positive", "value": "Nvidia", "start": 94, "label": "Positive" } ] }, { "content": "\"He's very well informed, very good with the press. We were repeatedly surprised - he absolutely knew everything that was going on,\" the former Heinz executive said. \"He talked to ex-Heinz people, analysts, industry experts - he had obviously done his homework.\"", "annotations": [ { "end": 149, "tag": "Neutral", "value": "Heinz", "start": 144, "label": "Neutral" }, { "end": 188, "tag": "Neutral", "value": "Heinz", "start": 183, "label": "Neutral" } ] }, { "content": "However, households are not struggling with these loans. Debt servicing costs and household leverage remain well below historically normal levels. Loan delinquency rates are also extremely low and declined in the second quarter, Goldman said. ", "annotations": [ { "end": 236, "tag": "Neutral", "value": "Goldman", "start": 229, "label": "Neutral" } ] }, { "content": "Lockheed Martin CEO James Taiclet told Biden a robust supply of chips \"is essential both to national security and to the health of the defense industrial base and the aerospace industry as a whole.\"", "annotations": [ { "end": 15, "tag": "Neutral", "value": "Lockheed Martin", "start": 0, "label": "Neutral" } ] }, { "content": "Citigroup will report results later on Friday. Wells Fargo & Co reported an 86% jump in fourth-quarter profit on Friday, propped up by gains from the sale of its corporate trust and asset management businesses. [nL4N2TU32F]", "annotations": [ { "end": 69, "tag": "Positive", "value": "Wells Fargo & Co", "start": 53, "label": "Positive" }, { "end": 9, "tag": "Neutral", "value": "Citigroup", "start": 0, "label": "Neutral" } ] }, { "content": "\"Coke's results are testament to its brand value because consumers are unwilling to trade down to other colas, despite increasing prices,\" CFRA analyst Garrett Nelson said.", "annotations": [ { "end": 5, "tag": "Positive", "value": "Coke", "start": 1, "label": "Positive" }, { "end": 143, "tag": "Neutral", "value": "CFRA", "start": 139, "label": "Neutral" } ] }, { "content": "Block Inc posted a rise in third-quarter revenue on Thursday, sending its shares up 12% as the growth of its Cash App helped to make up for stagnant cryptocurrency prices that had dogged the payments platform led by Twitter founder Jack Dorsey in the previous quarters. [nS0N31001T]", "annotations": [ { "end": 230, "tag": "Neutral", "value": "Twitter", "start": 223, "label": "Neutral" }, { "end": 124, "tag": "Positive", "value": "Cash App", "start": 116, "label": "Positive" }, { "end": 9, "tag": "Positive", "value": "Block Inc", "start": 0, "label": "Positive" } ] }, { "content": "Market leaders Apple , Amazon.com and Microsoft provided the upside muscle, while economically sensitive chips <.SOX> small caps <.RUT> and transports <.DJT> were underperforming the broader market.", "annotations": [ { "end": 176, "tag": "Negative", "value": "transports", "start": 166, "label": "Negative" }, { "end": 136, "tag": "Negative", "value": "chips", "start": 131, "label": "Negative" }, { "end": 154, "tag": "Negative", "value": "small caps", "start": 144, "label": "Negative" }, { "end": 41, "tag": "Positive", "value": "Amazon.com", "start": 31, "label": "Positive" }, { "end": 64, "tag": "Positive", "value": "Microsoft", "start": 55, "label": "Positive" }, { "end": 20, "tag": "Positive", "value": "Apple", "start": 15, "label": "Positive" } ] }, { "content": "Tuesday's rally is a continuation of that momentum, said Jake Dollarhide, chief executive officer at Longbow Asset Management, adding that positive quarterly results from the likes of Tencent Music and Alibaba are further aiding sentiment.", "annotations": [ { "end": 197, "tag": "Positive", "value": "Tencent Music", "start": 184, "label": "Positive" }, { "end": 209, "tag": "Positive", "value": "Alibaba", "start": 202, "label": "Positive" }, { "end": 125, "tag": "Neutral", "value": "Longbow Asset Management", "start": 101, "label": "Neutral" } ] }, { "content": "Refinitiv projected average U.S. gas demand including exports would slide from 100.9 bcfd this week to 100.1 bcfd next week as extreme heat starts to ease in some parts of the country. The forecast for next week was higher than Refinitiv's outlook on Monday.", "annotations": [ { "end": 237, "tag": "Neutral", "value": "Refinitiv", "start": 228, "label": "Neutral" }, { "end": 9, "tag": "Neutral", "value": "Refinitiv", "start": 0, "label": "Neutral" } ] }, { "content": "With the coming of much colder weather, Refinitiv projected average U.S. gas demand, including exports, would jump from 98.6 bcfd this week to 121.4 bcfd next week. Those forecasts were slightly higher than Refinitiv's outlook on Tuesday.", "annotations": [ { "end": 49, "tag": "Neutral", "value": "Refinitiv", "start": 40, "label": "Neutral" }, { "end": 216, "tag": "Neutral", "value": "Refinitiv", "start": 207, "label": "Neutral" } ] }, { "content": " While much of Wall Street has hit the brakes after a monster rally on Monday and Tuesday, Nvidia has continued to climb, albeit with a modest 0.4% rise on Thursday. The graphics chipmaker has now ascended almost 10% since Sept. 30, when it closed at its lowest level since March 2021. ", "annotations": [ { "end": 100, "tag": "Positive", "value": "Nvidia", "start": 94, "label": "Positive" } ] }, { "content": "Retail investors are also exploiting the strong short interest in Revlon. By snapping up shares, the investors drive up their value, forcing those who have shorted them to buy stock to close their positions, leading to further gains in the price.", "annotations": [ { "end": 72, "tag": "Positive", "value": "Revlon", "start": 66, "label": "Positive" } ] }, { "content": "In commodities, Brent crude futures rose 0.1% to $92.43 a barrel while U.S. West Texas Intermediate (WTI) crude gained 0.22% to $86.72 per barrel.", "annotations": [ { "end": 119, "tag": "Positive", "value": "U.S. West Texas Intermediate (WTI) crude", "start": 79, "label": "Positive" }, { "end": 27, "tag": "Positive", "value": "Brent crude", "start": 16, "label": "Positive" } ] }, { "content": "\"The sentiment remains cautiously optimistic with everyone prepared for a solid Q3. However, the ongoing macro concerns and the impact of a potential recession on the luxury goods demand is the key worry ahead,\" write UBS analysts.", "annotations": [ { "end": 221, "tag": "Neutral", "value": "UBS", "start": 218, "label": "Neutral" } ] }, { "content": "Best Buy Co Inc shot up 12.78% as the best performing stock on the S&P 500 <.SPX> index, after the retailer forecast a smaller drop in annual sales than previously announced and expressed confidence a ramp up in deals and discounts will entice more customers. ", "annotations": [ { "end": 15, "tag": "Positive", "value": "Best Buy Co Inc", "start": 0, "label": "Positive" }, { "end": 82, "tag": "Neutral", "value": "S&P 500", "start": 75, "label": "Neutral" } ] }, { "content": "That came as Europe braces for a double-digit inflation reading later in the day, as the European Central Bank voiced support for another big interest rate hike. German inflation accelerated to 10.9% this month, far beyond market expectations. [nL1N3100F2]", "annotations": [ { "end": 110, "tag": "Neutral", "value": "European Central Bank", "start": 89, "label": "Neutral" } ] }, { "content": "Oil group Equinor posted record pretax profit and said it would raise dividend and share buybacks, and among financials, Amundi beats its strategic targets and ABN Amro announced a 500 million euro share buyback after a jump in net profit.", "annotations": [ { "end": 169, "tag": "Positive", "value": "ABN Amro", "start": 161, "label": "Positive" }, { "end": 17, "tag": "Positive", "value": "Equinor", "start": 10, "label": "Positive" }, { "end": 128, "tag": "Positive", "value": "Amundi", "start": 122, "label": "Positive" } ] }, { "content": "Eren Osman, managing director of wealth management at Arbuthnot Latham & Co, said earnings so far in the United States and elsewhere have shown resilence as many companies beat expectations.", "annotations": [ { "end": 75, "tag": "Neutral", "value": "Arbuthnot Latham & Co", "start": 54, "label": "Neutral" } ] }, { "content": "\"We are currently seeing increasing COVID-19 case notification rates and an increasing trend in hospital and ICU admissions and occupancy in several countries mainly driven by the BA 5 sublineage of Omicron,\" said Dr Andrea Ammon, the director of ECDC, in a statement. ", "annotations": [ { "end": 251, "tag": "Neutral", "value": "ECDC", "start": 247, "label": "Neutral" } ] }, { "content": " Verstappen was lighting up the timing screens behind Leclerc and, having traded fastest laps with the Ferrari driver and Mercedes rival Lewis Hamilton during the final phase of qualifying, had saved his best for last on a drying track. ", "annotations": [ { "end": 113, "tag": "Neutral", "value": "Ferrari", "start": 106, "label": "Neutral" }, { "end": 133, "tag": "Neutral", "value": "Mercedes", "start": 125, "label": "Neutral" } ] }, { "content": "Shares of GameStop skyrocketed more than 680% in 2021 thanks to retail traders on social media platforms such as Reddit who snapped up heavily shorted stocks in a bid to squeeze out hedge funds betting against them. ", "annotations": [ { "end": 119, "tag": "Neutral", "value": "Reddit", "start": 113, "label": "Neutral" }, { "end": 18, "tag": "Positive", "value": "GameStop", "start": 10, "label": "Positive" } ] }, { "content": "The Labor Department said consumer prices advanced 7.7% in the 12 months through October, while the core rate, which excludes volatile food and energy prices, increased 6.3% on a year-on-year basis last month.", "annotations": [ { "end": 20, "tag": "Neutral", "value": "Labor Department", "start": 4, "label": "Neutral" } ] }, { "content": "The utilities sector was the best performer and advanced 1.22% on gains from companies including Kansai Electric Power Co Inc <9503.T>, Tokyo Gas Co Ltd <9531.T>, and Osaka Gas Co Ltd <9532.T>.", "annotations": [ { "end": 152, "tag": "Positive", "value": "Tokyo Gas Co Ltd", "start": 136, "label": "Positive" }, { "end": 125, "tag": "Positive", "value": "Kansai Electric Power Co Inc", "start": 97, "label": "Positive" }, { "end": 183, "tag": "Positive", "value": "Osaka Gas Co Ltd", "start": 167, "label": "Positive" } ] }, { "content": "\"While increased reliance on consumer credit cards is not a sustainable long-term driver of consumer spending, the available credit does help provide at least some short term relief during a time when gasoline prices are daily breaking record highs,\" said Tim Quinlan, a senior economist at Wells Fargo in Charlotte, North Carolina. ", "annotations": [ { "end": 302, "tag": "Neutral", "value": "Wells Fargo", "start": 291, "label": "Neutral" } ] }, { "content": "Another reason LPL thinks investors can be encouraged that stocks may soon be poised for a turn is that in recent years July has tended to be a good month. Over the last decade, LPL says that, on average, the S&P 500 has gained 2.5% in July.", "annotations": [ { "end": 216, "tag": "Positive", "value": "S&P 500", "start": 209, "label": "Positive" }, { "end": 181, "tag": "Neutral", "value": "LPL", "start": 178, "label": "Neutral" }, { "end": 18, "tag": "Neutral", "value": "LPL", "start": 15, "label": "Neutral" } ] }, { "content": "\"Oil demand ... if you look at the latest data, it's still doing OK. We were expecting some demand destruction, it did not really happen,\" said Frederic Lasserre, global head of market research and analysis at Gunvor Group . ", "annotations": [ { "end": 222, "tag": "Neutral", "value": "Gunvor Group", "start": 210, "label": "Neutral" } ] }, { "content": "However, the summer solstice occurred this week on Tuesday June 21, at 5:13 AM EDT. With this first day of summer, the SPX gapped up at Tuesday's open and has gained more than 2% through Wednesday's close.", "annotations": [ { "end": 122, "tag": "Positive", "value": "SPX", "start": 119, "label": "Positive" } ] }, { "content": "Microsoft Corp shares are up after late Tuesday it forecast double-digit revenue growth for the next fiscal year. Visa Inc is also up after giving an upbeat outlook.", "annotations": [ { "end": 131, "tag": "Positive", "value": "Visa Inc", "start": 123, "label": "Positive" }, { "end": 14, "tag": "Positive", "value": "Microsoft Corp", "start": 0, "label": "Positive" } ] }, { "content": "Rivian Automotive Inc surged after the electric-vehicle maker reported a smaller-than-expected loss, higher number of pre-orders and reaffirmed its full-year production outlook.", "annotations": [ { "end": 21, "tag": "Positive", "value": "Rivian Automotive Inc", "start": 0, "label": "Positive" } ] }, { "content": "Stocks on Wall Street are mixed on Wednesday after robust quarterly earnings from luxury retailers and Salesforce Inc, while manufacturing data showed demand for goods remained strong in May.", "annotations": [ { "end": 117, "tag": "Positive", "value": "Salesforce Inc", "start": 103, "label": "Positive" } ] }, { "content": "The company also added to its position in energy giant Chevron Corp while slicing its position in healthcare names including Bristol-Myers Squibb Co and Abbvie Inc during the quarter that ended in December. ", "annotations": [ { "end": 67, "tag": "Neutral", "value": "Chevron Corp", "start": 55, "label": "Neutral" }, { "end": 171, "tag": "Neutral", "value": "Abbvie Inc", "start": 161, "label": "Neutral" }, { "end": 156, "tag": "Neutral", "value": "Bristol-Myers Squibb Co", "start": 133, "label": "Neutral" } ] }, { "content": "\"The number one thing that stands out is that you're going to see an acceleration of buybacks before the end of this year,\" said Thomas Hayes, chairman and managing member of New York-based Great Hill Capital. \"Companies would rather not pay that tax ... They have this window, and you can be assured they're going to take advantage of it.\"", "annotations": [ { "end": 208, "tag": "Neutral", "value": "Great Hill Capital", "start": 190, "label": "Neutral" } ] }, { "content": "\"The steady rate of high growth and improved margins should calm markets that have priced in a collapsing consumer demand for streaming and TV,\" SEB analysts said.", "annotations": [ { "end": 148, "tag": "Neutral", "value": "SEB", "start": 145, "label": "Neutral" } ] }, { "content": "In company news, car sales at Renault slumped in the first half after the closure of its Russian operations [nL1N2YT0CL]. State-backed Italian bank Monte dei Paschi di Siena is getting positive feedback for a planned 2.5 billion euros ($2.5 billion) cash-call in Autumn, its CEO said [nL8N2YT2L3].", "annotations": [ { "end": 183, "tag": "Positive", "value": "Monte dei Paschi di Siena", "start": 158, "label": "Positive" }, { "end": 37, "tag": "Negative", "value": "Renault", "start": 30, "label": "Negative" } ] }, { "content": "Shares of AMD soared about 14%, mirroring the rise in peers such as Nvidia Corp which gained over 13% on signs of cooling inflation. The Philadelphia SE Semiconductor index <.SOX> surged 8.7%.", "annotations": [ { "end": 13, "tag": "Positive", "value": "AMD", "start": 10, "label": "Positive" }, { "end": 79, "tag": "Positive", "value": "Nvidia Corp", "start": 68, "label": "Positive" }, { "end": 181, "tag": "Positive", "value": "Philadelphia SE Semiconductor index", "start": 146, "label": "Positive" } ] }, { "content": "\"The partnership not only demonstrates that our platform business is highly competitive, but also that the MEB is well on track to become one of the leading open platforms for e-mobility.\"", "annotations": [ { "end": 110, "tag": "Positive", "value": "MEB", "start": 107, "label": "Positive" } ] }, { "content": "The BoE is watching market conditions ahead of an expected announcement of details of its first \"quantitative tightening\" sales of gilts, which will speed up the reversal of its huge bond buying since the 2007-08 global financial crisis.", "annotations": [ { "end": 7, "tag": "Neutral", "value": "BoE", "start": 4, "label": "Neutral" } ] }, { "content": "Demand, as seen by an almost 9% increase in aggregate spending power, is still too strong and may lead the Fed to stay aggressive longer than many hope, said Jack Janasiewicz, lead portfolio strategist at Natixis Investment Managers Solutions.", "annotations": [ { "end": 110, "tag": "Neutral", "value": "Fed", "start": 107, "label": "Neutral" }, { "end": 242, "tag": "Neutral", "value": "Natixis Investment Managers Solutions", "start": 205, "label": "Neutral" } ] }, { "content": "Goldman Sachs, too, raised its policy rate forecast to a 75 basis point hike this month from 50 basis points previously. [nL1N30F0A5]", "annotations": [ { "end": 13, "tag": "Neutral", "value": "Goldman Sachs", "start": 0, "label": "Neutral" } ] }, { "content": "The number of rigs drilling for gas has increased to 155 up from just 104 a year ago, according to data from field services company Baker Hughes, but there has been little further increase over the last six weeks.", "annotations": [ { "end": 144, "tag": "Neutral", "value": "Baker Hughes", "start": 132, "label": "Neutral" } ] }, { "content": "The health insurer also raised the lower end of its adjusted annual earnings forecast by 5 cents to $5.65 per share, while maintaining the upper end at $5.75. Elevance Health and UnitedHealth also raised their forecast earlier this month.", "annotations": [ { "end": 174, "tag": "Positive", "value": "Elevance Health", "start": 159, "label": "Positive" }, { "end": 199, "tag": "Positive", "value": "UnitedHealth", "start": 187, "label": "Positive" } ] }, { "content": "\"Marathon's strong financial position and sizable share repurchase program should provide downside protection if oil demand falls...see an opportunity for increasing cash returns,\" said Faisal Hersi, an analyst at Edward Jones.", "annotations": [ { "end": 226, "tag": "Neutral", "value": "Edward Jones", "start": 214, "label": "Neutral" }, { "end": 9, "tag": "Positive", "value": "Marathon", "start": 1, "label": "Positive" } ] }, { "content": "This said, Katzke's highest conviction recommendations, each with ~30% total return potential are: Goldman Sachs , Wells Fargo , Bank of America and JPmorgan Chase .", "annotations": [ { "end": 112, "tag": "Positive", "value": "Goldman Sachs", "start": 99, "label": "Positive" }, { "end": 132, "tag": "Positive", "value": "Wells Fargo", "start": 121, "label": "Positive" }, { "end": 157, "tag": "Positive", "value": "Bank of America", "start": 142, "label": "Positive" }, { "end": 184, "tag": "Positive", "value": "JPmorgan Chase", "start": 170, "label": "Positive" } ] }, { "content": "\ufffd\ufffdIt looks like energy stocks still want to go higher,\ufffd\ufffd wrote LPL Chief Equity Strategist Jeffrey Buchbinder. \ufffd\ufffdThere\ufffd\ufffds a healthy dose of pessimism baked into the sector while the fundamental outlook still looks positive overall. The sector\ufffd\ufffds strong gains since mid-July have encouragingly come without much help from oil prices.\ufffd\ufffd", "annotations": [ { "end": 64, "tag": "Neutral", "value": "LPL", "start": 61, "label": "Neutral" } ] }, { "content": "The oil and gas rig count, an early indicator of future output, rose 9 to 779 in the week to Nov. 11, its highest since March 2020, energy services firm Baker Hughes Co said in its closely followed report on Friday. . ", "annotations": [ { "end": 168, "tag": "Neutral", "value": "Baker Hughes Co", "start": 153, "label": "Neutral" } ] }, { "content": "Calling the surge in defense aircraft orders \"exceptional,\" Ian Shepherdson, chief economist at Pantheon Macroeconomics, adds \"the surge in the headline does not change the bigger picture of a slowdown in spending, but it has not reached recession-type proportions.\" ", "annotations": [ { "end": 119, "tag": "Neutral", "value": "Pantheon Macroeconomics", "start": 96, "label": "Neutral" } ] }, { "content": "Still, the fall in oil and commodity prices is offering hope: Brent crude is down 10% in June and set to snap a six-month streak of gains. ", "annotations": [ { "end": 67, "tag": "Negative", "value": "Brent", "start": 62, "label": "Negative" } ] }, { "content": "From July through September, Netflix attracted 2.4 million new subscribers worldwide, more than double the 1.07 million consensus forecast of analysts polled by Refinitiv. ", "annotations": [ { "end": 170, "tag": "Neutral", "value": "Refinitiv", "start": 161, "label": "Neutral" }, { "end": 36, "tag": "Positive", "value": "Netflix", "start": 29, "label": "Positive" } ] }, { "content": "Raytheon Technologies Corp fell 2.1% after the aerospace supplier trimmed its 2022 sales outlook, while United Parcel Service Inc added 3.0% on posting a stronger-than-expected quarterly adjusted profit.", "annotations": [ { "end": 137, "tag": "Positive", "value": "United Parcel Service Inc", "start": 112, "label": "Positive" }, { "end": 26, "tag": "Negative", "value": "Raytheon Technologies Corp", "start": 0, "label": "Negative" } ] }, { "content": "Mondelez said its 'Cocoa Life' scheme is now one of the four pillars of its long-term growth strategy, adding it hopes its new investment will help catalyze sector-wide collaboration to address environmental and human rights challenges in cocoa. ", "annotations": [ { "end": 8, "tag": "Neutral", "value": "Mondelez", "start": 0, "label": "Neutral" } ] }, { "content": "Though JetBlue's $3.7 billion offer is higher, Spirit has repeatedly touted Frontier's bid, citing higher long-term benefits and fewer regulatory risks compared with JetBlue.", "annotations": [ { "end": 173, "tag": "Neutral", "value": "JetBlue", "start": 166, "label": "Neutral" }, { "end": 14, "tag": "Neutral", "value": "JetBlue", "start": 7, "label": "Neutral" }, { "end": 53, "tag": "Neutral", "value": "Spirit", "start": 47, "label": "Neutral" }, { "end": 84, "tag": "Neutral", "value": "Frontier", "start": 76, "label": "Neutral" } ] }, { "content": "MKM Partners analyst Rohit Kulkarni said Uber's global and more diversified business also gave it better protection against wider macroeconomic swings. ", "annotations": [ { "end": 12, "tag": "Neutral", "value": "MKM Partners", "start": 0, "label": "Neutral" }, { "end": 45, "tag": "Positive", "value": "Uber", "start": 41, "label": "Positive" } ] }, { "content": "Delta Air Lines Inc and United Airlines jumped nearly 7.5% each, after the U.S. carriers raised their current-quarter revenue forecasts, even as they trimmed capacity. [nL3N2VI2U0]", "annotations": [ { "end": 19, "tag": "Positive", "value": "Delta Air Lines Inc", "start": 0, "label": "Positive" }, { "end": 47, "tag": "Positive", "value": "United Airlines", "start": 32, "label": "Positive" } ] }, { "content": "Data from market research firm IRI also showed stock levels for baby formula in U.S. stores have improved in the recent weeks.", "annotations": [ { "end": 34, "tag": "Neutral", "value": "IRI", "start": 31, "label": "Neutral" } ] }, { "content": "Indonesia saw a nearly 500% surge in foreign visitor arrivals in April as travel continued to bounce back after the easing of COVID-19 curbs, data by Statistics Indonesia showed on Thursday. [nL4N2XP0V8]", "annotations": [ { "end": 170, "tag": "Neutral", "value": "Statistics Indonesia", "start": 150, "label": "Neutral" } ] }, { "content": "Exxon and Chevron earned $5.5 billion and $6.3 billion, respectively, and the former returned to its years-ago strategy of big share repurchases by tripling expected buybacks through 2023 to $30 billion. Chevron got in on that as well, boosting buybacks to their most in more than a year. ", "annotations": [ { "end": 211, "tag": "Positive", "value": "Chevron", "start": 204, "label": "Positive" }, { "end": 17, "tag": "Positive", "value": "Chevron", "start": 10, "label": "Positive" }, { "end": 5, "tag": "Positive", "value": "Exxon", "start": 0, "label": "Positive" } ] }, { "content": "The average fund's portfolio weight in its top 10 positions, which is heavily skewed toward tech stocks, jumped to 70%, the highest concentration since Q1 2020, according to Goldman's analysis of holdings of 795 hedge funds with $2.4 trillion of gross equity positions.", "annotations": [ { "end": 181, "tag": "Neutral", "value": "Goldman", "start": 174, "label": "Neutral" } ] }, { "content": "Tech giants including Amazon and Alphabet have also seen a rise in their valuation after blockbuster results this week. A day after Facebook owner Meta Platforms suffered the deepest loss of stock market value in history for a U.S. company, Amazon logged the greatest ever one-day increase in value. [nL1N2UF2F8]", "annotations": [ { "end": 28, "tag": "Positive", "value": "Amazon", "start": 22, "label": "Positive" }, { "end": 254, "tag": "Positive", "value": "Amazon", "start": 248, "label": "Positive" }, { "end": 161, "tag": "Negative", "value": "Meta Platforms", "start": 147, "label": "Negative" }, { "end": 140, "tag": "Negative", "value": "Facebook", "start": 132, "label": "Negative" }, { "end": 41, "tag": "Positive", "value": "Alphabet", "start": 33, "label": "Positive" } ] }, { "content": "** The top gainers among H-shares were Country Garden, followed by Country Garden Services <6098.HK>, surging 8.13% and Longfor Group <0960.HK>, up by 7.98%.", "annotations": [ { "end": 53, "tag": "Positive", "value": "Country Garden", "start": 39, "label": "Positive" }, { "end": 90, "tag": "Positive", "value": "Country Garden Services", "start": 67, "label": "Positive" }, { "end": 134, "tag": "Positive", "value": "Longfor Group", "start": 121, "label": "Positive" } ] }, { "content": "Bucking the trend, Coca-Cola Co raised its full-year revenue and profit forecasts on Tuesday as demand for sugary sodas stayed strong despite price increases. McDonald's Corp also reported quarterly comparable sales above market expectations even as expenses soared. [nL4N2Z72F0] [nL4N2Z72FQ] (Reporting by Medha Singh in Bengaluru, additional reporting by Aniruddha Ghosh; Editing by Vinay Dwivedi) ((Medha.Singh@thomsonreuters.com; +91 80 6210 0592; Twitter: ", "annotations": [ { "end": 181, "tag": "Positive", "value": "McDonald's Corp", "start": 166, "label": "Positive" }, { "end": 31, "tag": "Positive", "value": "Coca-Cola Co", "start": 19, "label": "Positive" } ] }, { "content": "Silverstone-based Aston Martin could seek another experienced winner, perhaps even a champion, a promising young gun or complete rookie. There are drivers out there in all categories.", "annotations": [ { "end": 30, "tag": "Neutral", "value": "Aston Martin", "start": 18, "label": "Neutral" } ] }, { "content": "Meta Platforms Inc added 5.5% ahead of its quarterly report after markets close, while shares of Apple Inc rose 1.7% and those of Amazon.com Inc gained 4.4% before their results on Thursday. ", "annotations": [ { "end": 162, "tag": "Positive", "value": "Amazon.com Inc", "start": 148, "label": "Positive" }, { "end": 115, "tag": "Positive", "value": "Apple Inc", "start": 106, "label": "Positive" }, { "end": 18, "tag": "Positive", "value": "Meta Platforms Inc", "start": 0, "label": "Positive" } ] }, { "content": "\"On the one hand, he has extensive industry experience, including running Sanofi for six years. On the other, he has spent the better part of the last decade as an investor,\" said Stifel's Paul Matteis.", "annotations": [ { "end": 186, "tag": "Neutral", "value": "Stifel", "start": 180, "label": "Neutral" }, { "end": 80, "tag": "Neutral", "value": "Sanofi", "start": 74, "label": "Neutral" } ] }, { "content": "A tourism subindex <.CSI930633> jumped more than 3%, while stocks in Spring Airlines <601021.SS> surged 4.6%, and UTour Group <002707.SZ> jumped more than 7%.", "annotations": [ { "end": 84, "tag": "Positive", "value": "Spring Airlines", "start": 69, "label": "Positive" }, { "end": 18, "tag": "Positive", "value": "tourism subindex", "start": 2, "label": "Positive" }, { "end": 125, "tag": "Positive", "value": "UTour Group", "start": 114, "label": "Positive" } ] }, { "content": "Other chip gear makers are also rising, with ASML , KLA and Lam Research each up between 2% and 4%, with the group helping lift the Philadelphia chip index <.SOX> 0.6%.", "annotations": [ { "end": 90, "tag": "Positive", "value": "Lam Research", "start": 78, "label": "Positive" }, { "end": 182, "tag": "Positive", "value": "Philadelphia chip index", "start": 159, "label": "Positive" }, { "end": 49, "tag": "Positive", "value": "ASML", "start": 45, "label": "Positive" }, { "end": 64, "tag": "Positive", "value": "KLA", "start": 61, "label": "Positive" } ] }, { "content": "Munster said he expected Tesla's deliveries to grow to 1.3 million vehicles this year despite headwinds in production at its new factories and supply chain problems. ", "annotations": [ { "end": 30, "tag": "Positive", "value": "Tesla", "start": 25, "label": "Positive" } ] }, { "content": "Centene raised the lower end of its adjusted annual earnings expectations by 5 cents to $5.65 per share, while maintaining the upper end at $5.75. Elevance Health and UnitedHealth also lifted their forecasts earlier this month.", "annotations": [ { "end": 7, "tag": "Positive", "value": "Centene", "start": 0, "label": "Positive" }, { "end": 187, "tag": "Positive", "value": "UnitedHealth", "start": 175, "label": "Positive" }, { "end": 162, "tag": "Positive", "value": "Elevance Health", "start": 147, "label": "Positive" } ] }, { "content": "The company led gains among other growth stocks, including Apple Inc , Microsoft Corp and Alphabet Inc , all of which rose between 0.3% and 0.4%.", "annotations": [ { "end": 93, "tag": "Positive", "value": "Microsoft Corp", "start": 79, "label": "Positive" }, { "end": 68, "tag": "Positive", "value": "Apple Inc", "start": 59, "label": "Positive" }, { "end": 119, "tag": "Positive", "value": "Alphabet Inc", "start": 107, "label": "Positive" } ] }, { "content": "Unilever has had a rocky start to the year after mounting three bids for the consumer health arm of GlaxoSmithKline , - one for as much as 50 billion pounds ($53.14 billion). ", "annotations": [ { "end": 115, "tag": "Neutral", "value": "GlaxoSmithKline", "start": 100, "label": "Neutral" }, { "end": 8, "tag": "Negative", "value": "Unilever", "start": 0, "label": "Negative" } ] }, { "content": "Wedbush analyst Dan Ives believes both Microsoft and Apple will post strong numbers this week, which could dictate the path of tech stocks over the coming months.", "annotations": [ { "end": 7, "tag": "Neutral", "value": "Wedbush", "start": 0, "label": "Neutral" }, { "end": 58, "tag": "Positive", "value": "Apple", "start": 53, "label": "Positive" }, { "end": 48, "tag": "Positive", "value": "Microsoft", "start": 39, "label": "Positive" } ] }, { "content": "Department store chain Macy's Inc gained 8.1% and personal care products retailer Bath & Body Works Inc surged 21.5% after raising their annual profit forecasts.", "annotations": [ { "end": 33, "tag": "Positive", "value": "Macy's Inc", "start": 23, "label": "Positive" }, { "end": 109, "tag": "Positive", "value": "Bath & Body Works Inc", "start": 88, "label": "Positive" } ] }, { "content": "So far on Thursday, there is a clear tilt toward defensive S&P 500 sectors. Healthcare <.SPXHC>, staples <.SPLRCS> and utilities <.SPLRCU> are posting the best gains, while energy <.SPNY> and materials <.SPLRCM> are among weaker groups.", "annotations": [ { "end": 179, "tag": "Negative", "value": "energy", "start": 173, "label": "Negative" }, { "end": 104, "tag": "Positive", "value": "staples", "start": 97, "label": "Positive" }, { "end": 66, "tag": "Neutral", "value": "S&P 500", "start": 59, "label": "Neutral" }, { "end": 201, "tag": "Negative", "value": "materials", "start": 192, "label": "Negative" }, { "end": 128, "tag": "Positive", "value": "utilities", "start": 119, "label": "Positive" }, { "end": 86, "tag": "Positive", "value": "Healthcare", "start": 76, "label": "Positive" } ] }, { "content": "In a New York Times opinion article published on Tuesday, Biden said the new weapons package will help Ukraine on the battlefield \"and be in the strongest possible position at the negotiating table.\"", "annotations": [ { "end": 19, "tag": "Neutral", "value": "New York Times", "start": 5, "label": "Neutral" } ] }, { "content": "With respect to its economic outlook, the bank released $48 million of reserves in the quarter, compared to rival banks JPMorgan Chase & Co and Wells Fargo & Co , which boosted loss provisions in the quarter. BofA's total loan loss provisions as of June 30 were $500 million.", "annotations": [ { "end": 168, "tag": "Neutral", "value": "Wells Fargo & Co", "start": 152, "label": "Neutral" }, { "end": 139, "tag": "Neutral", "value": "JPMorgan Chase & Co", "start": 120, "label": "Neutral" }, { "end": 228, "tag": "Neutral", "value": "BofA", "start": 224, "label": "Neutral" } ] }, { "content": "Home Depot now expects fiscal 2022 comparable sales to increase about 3%, compared with its previous forecast of a slight positive growth, and estimates per-share earnings to rise in the mid-single digits percentage range.", "annotations": [ { "end": 10, "tag": "Positive", "value": "Home Depot", "start": 0, "label": "Positive" } ] }, { "content": "As the pandemic was effectively controlled and the industrial chain further recovered, industrial firms' efficiency improved markedly, NBS Senior Statistician Zhu Hong said in a statement. ", "annotations": [ { "end": 138, "tag": "Neutral", "value": "NBS", "start": 135, "label": "Neutral" } ] }, { "content": " Given that higher pricing, the rise in comparable sales \"implies that traffic is about flat in the quarter, which I think is a good sign,\" said BTIG analyst Peter Saleh. ", "annotations": [ { "end": 152, "tag": "Neutral", "value": "BTIG", "start": 148, "label": "Neutral" } ] }, { "content": "High-growth stocks such as Tesla , Apple Inc , Alphabet Inc and Amazon.com Inc gained more than 1% each. ", "annotations": [ { "end": 104, "tag": "Positive", "value": "Amazon.com Inc", "start": 90, "label": "Positive" }, { "end": 32, "tag": "Positive", "value": "Tesla", "start": 27, "label": "Positive" }, { "end": 75, "tag": "Positive", "value": "Alphabet Inc", "start": 63, "label": "Positive" }, { "end": 52, "tag": "Positive", "value": "Apple Inc", "start": 43, "label": "Positive" } ] }, { "content": "Mercedes' Hamilton has a record 103 wins and 188 podiums from 303 starts. The seven-times world champion last won a race in Saudi Arabia in December and is now on the longest streak of his career without a win.", "annotations": [ { "end": 8, "tag": "Neutral", "value": "Mercedes", "start": 0, "label": "Neutral" } ] }, { "content": "The U.S. dollar, meanwhile, continued to steamroll other currencies, rising briefly above parity versus the fragile euro and hitting five-week highs against a basket of peers as Fed officials reiterated their tightening stance. <=USD>", "annotations": [ { "end": 181, "tag": "Neutral", "value": "Fed", "start": 178, "label": "Neutral" } ] }, { "content": "With the great mass of Nasdaq troops showing a positive change in morale, the IXIC's charge has the potential to be more forceful. This, as another breadth/momentum measure challenges its own barriers - click here: [nL1N2Z10X4]", "annotations": [ { "end": 82, "tag": "Positive", "value": "IXIC", "start": 78, "label": "Positive" }, { "end": 29, "tag": "Positive", "value": "Nasdaq", "start": 23, "label": "Positive" } ] }, { "content": "The unit of German carmaker Volkswagen posted an operating profit for the first three quarters of 2022 of 575 million euros ($568 million), more than the 275 million euros in the same period of last year.", "annotations": [ { "end": 38, "tag": "Positive", "value": "Volkswagen", "start": 28, "label": "Positive" } ] }, { "content": "For now, though, AmEx is benefiting from bottled-up demand and the easing of COVID-19 curbs that have sparked the strongest summer travel season since the start of the pandemic. ", "annotations": [ { "end": 21, "tag": "Positive", "value": "AmEx", "start": 17, "label": "Positive" } ] }, { "content": "Also taking centre stage will be the Bank of England. The market is fully priced for a rate hike of 75 basis points to its highest since late 2008 at 3.0%. <0#BOEWATCH> ", "annotations": [ { "end": 52, "tag": "Neutral", "value": "Bank of England", "start": 37, "label": "Neutral" } ] }, { "content": "Wedbush notes that after robust earnings from Palo Alto , investor sentiment has seen a positive shift sector-wide, with deal pipelines, M&A potential and the massive shift to clouds still underway as the sectors heads into 2023. ", "annotations": [ { "end": 55, "tag": "Positive", "value": "Palo Alto", "start": 46, "label": "Positive" }, { "end": 7, "tag": "Neutral", "value": "Wedbush", "start": 0, "label": "Neutral" } ] }, { "content": "A former Goldman Sachs banker, a former FBI trainee and a technology executive were among those arrested. The seven defendants also face parallel civil charges by the U.S. Securities and Exchange Commission. [nL1N2Z61EC] ", "annotations": [ { "end": 22, "tag": "Neutral", "value": "Goldman Sachs", "start": 9, "label": "Neutral" }, { "end": 214, "tag": "Neutral", "value": "U.S. Securities and Exchange Commission", "start": 175, "label": "Neutral" }, { "end": 50, "tag": "Neutral", "value": "FBI", "start": 47, "label": "Neutral" } ] }, { "content": " A source familiar with the matter said on Friday that Mobileye may lower its IPO valuation estimate due to adverse market conditions. ", "annotations": [ { "end": 66, "tag": "Negative", "value": "Mobileye", "start": 58, "label": "Negative" } ] }, { "content": " \"Excessive tightening may result in irreversible impacts, and for the property market's soft-landing, the BOK will have to appropriately reflect the market conditions in its monetary policy decisions,\" DB Financial's Moon added. ", "annotations": [ { "end": 218, "tag": "Neutral", "value": "DB Financial", "start": 206, "label": "Neutral" }, { "end": 113, "tag": "Neutral", "value": "BOK", "start": 110, "label": "Neutral" } ] }, { "content": "Bloomberg reported that Bankman-Fried had told investors that FTX faced a shortfall of up to $8 billion and that the company would need to file for bankruptcy unless it received further funding.", "annotations": [ { "end": 65, "tag": "Negative", "value": "FTX", "start": 62, "label": "Negative" }, { "end": 9, "tag": "Neutral", "value": "Bloomberg", "start": 0, "label": "Neutral" } ] }, { "content": "San Francisco accused Walgreens, Teva, Allergan, and Anda of creating a \"public nuisance\" by flooding the city with prescription opioids and failing to prevent the drugs from being diverted for illegal use. ", "annotations": [ { "end": 47, "tag": "Negative", "value": "Allergan", "start": 39, "label": "Negative" }, { "end": 31, "tag": "Negative", "value": "Walgreens", "start": 22, "label": "Negative" }, { "end": 57, "tag": "Negative", "value": "Anda", "start": 53, "label": "Negative" }, { "end": 37, "tag": "Negative", "value": "Teva", "start": 33, "label": "Negative" } ] }, { "content": "\"Earnings are coming in less bad than feared, but they're deteriorating from what we got used to and accustomed to over the last several quarters,\" said Bob Doll, CIO at Crossmark Global Investments.", "annotations": [ { "end": 198, "tag": "Neutral", "value": "Crossmark Global Investments", "start": 170, "label": "Neutral" } ] }, { "content": "Speaking of inflation - and when are we not? - a report from the Labor Department showed the price of goods imported to the United States contracted more than expected in July, dropping 1.4% from June. [nL1N2ZO0UD]", "annotations": [ { "end": 81, "tag": "Neutral", "value": "Labor Department", "start": 65, "label": "Neutral" } ] }, { "content": "\"This whole problem was created by inflation, it has to be solved by inflation. Until there is a genuine slowdown in inflation momentum, I don't think anybody can rest easy,\" said Rohan Khanna, strategist at UBS. ", "annotations": [ { "end": 211, "tag": "Neutral", "value": "UBS", "start": 208, "label": "Neutral" } ] }, { "content": "At 08:52 a.m. ET, Dow e-minis <1YMcv1> were down 62 points, or 0.18%, S&P 500 e-minis were down 2.25 points, or 0.05%, and Nasdaq 100 e-minis were down 0.5 points, or flat.", "annotations": [ { "end": 29, "tag": "Negative", "value": "Dow e-minis", "start": 18, "label": "Negative" }, { "end": 149, "tag": "Negative", "value": "Nasdaq 100 e-minis", "start": 131, "label": "Negative" }, { "end": 85, "tag": "Negative", "value": "S&P 500 e-minis", "start": 70, "label": "Negative" } ] }, { "content": "While AMD has been growing its market share quickly in the datacenter, rival Intel Corp. has seen its share slip even in its latest earnings reported.", "annotations": [ { "end": 9, "tag": "Positive", "value": "AMD", "start": 6, "label": "Positive" }, { "end": 87, "tag": "Negative", "value": "Intel Corp", "start": 77, "label": "Negative" } ] }, { "content": "While its lending margins in the second half did recover slightly from the first half, full-year margins were still down 13 basis points from last year. Since May, the bank has moved in step with the Reserve Bank of Australia to pass on rate hikes to its customers.", "annotations": [ { "end": 225, "tag": "Neutral", "value": "Reserve Bank of Australia", "start": 200, "label": "Neutral" } ] }, { "content": "The storm, which weakened from hurricane force overnight, was threatening Baja California, other parts of Mexico and the U.S. Southwest with heavy rains that could cause dangerous flash flooding, landslides and mudslides, the National Weather Service (NWS) said. ", "annotations": [ { "end": 250, "tag": "Neutral", "value": "National Weather Service", "start": 226, "label": "Neutral" } ] }, { "content": "Spotify CEO Daniel Ek said late on Sunday that he might disagree with the views of some individuals on the platform but that it was \"important to me that we don't take on the position of being content censor.\"", "annotations": [ { "end": 7, "tag": "Neutral", "value": "Spotify", "start": 0, "label": "Neutral" } ] }, { "content": "So far, the slump has been more than offset by lively markets. Revenue from flipping stocks and bonds rose 15% at JPMorgan in the second quarter, year-on-year, and over 20% at Morgan Stanley, towering over shrunken deal fees. Trading and investment banking sit in the same divisions at both firms. But revenue derived from shifting securities is likely to go back roughly to where it was, especially as volatility in the bond market subsides. ", "annotations": [ { "end": 190, "tag": "Positive", "value": "Morgan Stanley", "start": 176, "label": "Positive" }, { "end": 122, "tag": "Positive", "value": "JPMorgan", "start": 114, "label": "Positive" } ] }, { "content": "In response to my query, Meta sent a statement about its recusal efforts: \ufffd\ufffdWe have previously expressed concern about Chair Khan\ufffd\ufffds impartiality in matters involving Meta, and we have the same concerns with regard to this case.\ufffd\ufffd An FTC spokesman referred me to the agency\ufffd\ufffds recusal rules.", "annotations": [ { "end": 29, "tag": "Neutral", "value": "Meta", "start": 25, "label": "Neutral" }, { "end": 234, "tag": "Neutral", "value": "FTC", "start": 231, "label": "Neutral" }, { "end": 169, "tag": "Neutral", "value": "Meta", "start": 165, "label": "Neutral" } ] }, { "content": "The dismal outlook is the latest setback for Novavax that has also faced manufacturing hurdles and regulatory delays amid competition with market leaders Pfizer and Moderna .", "annotations": [ { "end": 180, "tag": "Neutral", "value": "Moderna", "start": 173, "label": "Neutral" }, { "end": 160, "tag": "Neutral", "value": "Pfizer", "start": 154, "label": "Neutral" }, { "end": 52, "tag": "Negative", "value": "Novavax", "start": 45, "label": "Negative" } ] }, { "content": "Jefferies cut its target prices for Sabadell and Bankinter respectively to 1 euro from 1.05 euros and to 5.7 euros from 6 euros.", "annotations": [ { "end": 9, "tag": "Neutral", "value": "Jefferies", "start": 0, "label": "Neutral" }, { "end": 44, "tag": "Negative", "value": "Sabadell", "start": 36, "label": "Negative" }, { "end": 58, "tag": "Negative", "value": "Bankinter", "start": 49, "label": "Negative" } ] }, { "content": "Among companies reporting results, Take-Two Interactive Software Inc plunged 16.6% premarket after the videogame publisher lowered its annual sales outlook, while ride-hailing firm Lyft Inc dropped 16.3% on forecasting current-quarter revenue below Wall Street estimates.", "annotations": [ { "end": 198, "tag": "Negative", "value": "Lyft Inc", "start": 190, "label": "Negative" }, { "end": 68, "tag": "Negative", "value": "Take-Two Interactive Software Inc", "start": 35, "label": "Negative" } ] }, { "content": "Nvidia is sliding more than 7% after the chipmaker forecast current-quarter revenue above analysts' estimates, but reported flat gross margins from the previous quarter. The company also reported a slowdown in sales of chips used specifically by crytocurrency miners. [nL4N2UR42R]", "annotations": [ { "end": 6, "tag": "Negative", "value": "Nvidia", "start": 0, "label": "Negative" } ] }, { "content": "The New York-based carrier on Tuesday surprised Wall Street with a $33 per share cash offer, potentially derailing a $2.7 billion merger plan between Spirit and Frontier Group Holdings Inc . [nL4N2UI2IL]", "annotations": [ { "end": 188, "tag": "Neutral", "value": "Frontier Group Holdings Inc", "start": 161, "label": "Neutral" }, { "end": 156, "tag": "Neutral", "value": "Spirit", "start": 150, "label": "Neutral" } ] }, { "content": "Shares of Moderna fell nearly 2% before the bell over the delay, even though the company stuck to its vaccine sales forecast of $21 billion for 2022. ", "annotations": [ { "end": 17, "tag": "Negative", "value": "Moderna", "start": 10, "label": "Negative" } ] }, { "content": " Joseph Lavorgna, chief U.S. economist at SMBC Capital Markets, says the Fed is unlikely to reach its inflation target without kicking off a recession. ", "annotations": [ { "end": 79, "tag": "Neutral", "value": "Fed", "start": 76, "label": "Neutral" }, { "end": 65, "tag": "Neutral", "value": "SMBC Capital Markets", "start": 45, "label": "Neutral" } ] }, { "content": "The Dow Jones Industrial Average <.DJI> fell 0.46% to 32,001.25, the S&P 500 <.SPX> lost 1.06% to 3,719.89 and the Nasdaq Composite <.IXIC> dropped 1.73% to 10,342.94.", "annotations": [ { "end": 131, "tag": "Negative", "value": "Nasdaq Composite", "start": 115, "label": "Negative" }, { "end": 32, "tag": "Negative", "value": "Dow Jones Industrial Average", "start": 4, "label": "Negative" }, { "end": 76, "tag": "Negative", "value": "S&P 500", "start": 69, "label": "Negative" } ] }, { "content": " CNN said the note warned against working with virtual reality developers. WCVB said the note was anonymous and issued a general warning against working with Zuckerberg. ", "annotations": [ { "end": 4, "tag": "Neutral", "value": "CNN", "start": 1, "label": "Neutral" }, { "end": 79, "tag": "Neutral", "value": "WCVB", "start": 75, "label": "Neutral" } ] }, { "content": "In Asia, equities were mostly steady in holiday-thinned trade, with both China and Japan markets shut, but in Hong Kong, Alibaba <9988.HK> shares fell as much as 9% on worries over the status of its billionaire founder Jack Ma.", "annotations": [ { "end": 128, "tag": "Negative", "value": "Alibaba", "start": 121, "label": "Negative" } ] }, { "content": "In Asia, Japan's Nikkei <.N225> dropped 0.7%, while South Korea's Kospi <.KS11> slipped 0.2%, weighed partly by a decline in Samsung shares.", "annotations": [ { "end": 71, "tag": "Negative", "value": "Kospi", "start": 66, "label": "Negative" }, { "end": 132, "tag": "Negative", "value": "Samsung", "start": 125, "label": "Negative" }, { "end": 23, "tag": "Negative", "value": "Nikkei", "start": 17, "label": "Negative" } ] }, { "content": "Nor is inflation the only problem: Ratings agency Fitch warns that the Czech Republic, Hungary and Slovakia are among the most vulnerable to a Russian gas supply cut-off.[nL8N2YG2G4]", "annotations": [ { "end": 55, "tag": "Neutral", "value": "Fitch", "start": 50, "label": "Neutral" } ] }, { "content": "The slowdown \"is weighing on affordability particularly for new buyers, forcing some into the rental market, which then creates further upside pressure on rent prices,\ufffd\ufffd says David Tinsley, senior economist at the Bank of America Institute.", "annotations": [ { "end": 238, "tag": "Neutral", "value": "Bank of America Institute", "start": 213, "label": "Neutral" } ] }, { "content": "\"The scenario of a soft landing is ... extremely difficult to achieve in the environment that we're in today,\" Wells Fargo Chief Executive Officer, Charlie Scharf, said at the conference.", "annotations": [ { "end": 122, "tag": "Neutral", "value": "Wells Fargo", "start": 111, "label": "Neutral" } ] }, { "content": "On Monday, the benchmark S&P 500 <.SPX> marked a more than 20% decline from its most recent record closing high, confirming a bear market began on Jan. 3, according to a commonly used definition. ", "annotations": [ { "end": 32, "tag": "Negative", "value": "S&P 500", "start": 25, "label": "Negative" } ] }, { "content": "Population growth has become a hot topic in the tech industry, with Tesla Inc CEO Elon Musk saying birth rates are too low to sustain the United States.", "annotations": [ { "end": 77, "tag": "Neutral", "value": "Tesla Inc", "start": 68, "label": "Neutral" } ] }, { "content": "Rising prices and a lack of hit titles have added to problems for video game publishers Activision Blizzard Inc and Electronic Arts that are also battling supply-chain delays and a shift in consumer choices due to easing lockdowns.", "annotations": [ { "end": 111, "tag": "Negative", "value": "Activision Blizzard Inc", "start": 88, "label": "Negative" }, { "end": 140, "tag": "Negative", "value": "Electronic Arts", "start": 125, "label": "Negative" } ] }, { "content": "Since 2010, volume growth in the electric utility sector has been stagnant at ~1% per year nationally, according to UBS analyst Ross Fowler.", "annotations": [ { "end": 119, "tag": "Neutral", "value": "UBS", "start": 116, "label": "Neutral" } ] }, { "content": " Drugmaker Eli Lilly and Co issued an apology after an imposter account tweeted that insulin would be free, amid political backlash and scrutiny into the high prices of the medicine.", "annotations": [ { "end": 30, "tag": "Negative", "value": "Eli Lilly and Co", "start": 14, "label": "Negative" } ] }, { "content": "New Relic generated revenue of $786 million in fiscal year 2022, up 18% year-over-year, while its loss widened to $229 million from $171 million. It shares have lost half of its value since November 2021. ", "annotations": [ { "end": 9, "tag": "Negative", "value": "New Relic", "start": 0, "label": "Negative" } ] }, { "content": "The Dow Jones Industrial Average <.DJI> fell 50.35 points, or 0.15%, to 33,799.11, the S&P 500 <.SPX> lost 12.5 points, or 0.32%, to 3,951.44 and the Nasdaq Composite <.IXIC> dropped 79.10 points, or 0.72%, to 10,970.40.", "annotations": [ { "end": 32, "tag": "Negative", "value": "Dow Jones Industrial Average", "start": 4, "label": "Negative" }, { "end": 166, "tag": "Negative", "value": "Nasdaq Composite", "start": 150, "label": "Negative" }, { "end": 94, "tag": "Negative", "value": "S&P 500", "start": 87, "label": "Negative" } ] }, { "content": "\"Small business owners remain very pessimistic about the second half of the year as supply chain disruptions, inflation, and the labor shortage are not easing.\" writes Bill Dunkelberg, NFIB's chief economist at NFIB. ", "annotations": [ { "end": 215, "tag": "Neutral", "value": "NFIB", "start": 211, "label": "Neutral" }, { "end": 189, "tag": "Neutral", "value": "NFIB", "start": 185, "label": "Neutral" } ] }, { "content": "By midday, the Dow Jones Industrial Average <.DJI> was down 685.76 points, or 2.24%, at 29,982.77, and the S&P 500 <.SPX> was down 114.83 points, or 3.03%, at 3,675.16, with both indexes hitting their lowest levels since January 2021.", "annotations": [ { "end": 43, "tag": "Negative", "value": "Dow Jones Industrial Average", "start": 15, "label": "Negative" }, { "end": 114, "tag": "Negative", "value": "S&P 500", "start": 107, "label": "Negative" } ] }, { "content": "At 08:39 a.m. ET, Dow e-minis <1YMcv1> were down 24 points, or 0.07%, S&P 500 e-minis were down 8.75 points, or 0.2%, and Nasdaq 100 e-minis were down 39 points, or 0.28%.", "annotations": [ { "end": 148, "tag": "Negative", "value": "Nasdaq 100 e-minis", "start": 130, "label": "Negative" }, { "end": 85, "tag": "Negative", "value": "S&P 500 e-minis", "start": 70, "label": "Negative" }, { "end": 29, "tag": "Negative", "value": "Dow e-minis", "start": 18, "label": "Negative" } ] }, { "content": "SMIC dropped 4%, chip equipment maker NAURA Technology Group Co <002371.SZ> sank 10% by the daily limit, and Hua Hong Semiconductor plunged 9.5%.", "annotations": [ { "end": 131, "tag": "Negative", "value": "Hua Hong Semiconductor", "start": 109, "label": "Negative" }, { "end": 4, "tag": "Negative", "value": "SMIC", "start": 0, "label": "Negative" }, { "end": 63, "tag": "Negative", "value": "NAURA Technology Group Co", "start": 38, "label": "Negative" } ] }, { "content": "Musk previously said Tesla's new factories in Texas and Berlin were struggling to boost production, calling them \"gigantic money furnaces\" which were losing billions of dollars.", "annotations": [ { "end": 26, "tag": "Negative", "value": "Tesla", "start": 21, "label": "Negative" } ] }, { "content": "Japan's video game giants Sony Group Corp <6758.T> and Nintendo Co Ltd <7974.T> already released their results in previous weeks, but nonetheless appeared to be affected by graphics chip maker Nvidia's overnight earnings that pointed to weakness in the gaming market.", "annotations": [ { "end": 199, "tag": "Neutral", "value": "Nvidia", "start": 193, "label": "Neutral" }, { "end": 41, "tag": "Negative", "value": "Sony Group Corp", "start": 26, "label": "Negative" }, { "end": 70, "tag": "Negative", "value": "Nintendo Co Ltd", "start": 55, "label": "Negative" } ] }, { "content": "And even though Generali sees potential equities returns in the next 6-12 months, it has still increased its underweight on the asset, citing several headwinds. ", "annotations": [ { "end": 24, "tag": "Neutral", "value": "Generali", "start": 16, "label": "Neutral" } ] }, { "content": "Handelsbanken analyst Karri Rinta said he thought it unlikely that PMI would up its bid, viewing the likelihood of an activist investor succeeding as low.", "annotations": [ { "end": 13, "tag": "Neutral", "value": "Handelsbanken", "start": 0, "label": "Neutral" } ] }, { "content": "Last week's collapse of crypto exchange FTX and the resulting plunge in cryptocurrencies seems so far not to have tainted other asset classes, as regulators pick through the wreckage and investors in the digital assets look on nervously.", "annotations": [ { "end": 43, "tag": "Negative", "value": "FTX", "start": 40, "label": "Negative" } ] }, { "content": "Pfizer rose 2.7% after the drugmaker raised full-year sales estimates for its COVID-19 vaccine, while Eli Lilly slipped 4.6% on trimming its profit forecast.", "annotations": [ { "end": 119, "tag": "Negative", "value": "Eli Lilly", "start": 110, "label": "Negative" }, { "end": 6, "tag": "Positive", "value": "Pfizer", "start": 0, "label": "Positive" } ] }, { "content": "Walmart shares sank 7.6% after the retailer cut its full-year profit forecast late on Monday. Walmart blamed surging prices for food and fuel, and said it needed to cut prices to pare inventories. [nL4N2Z63A4]", "annotations": [ { "end": 109, "tag": "Negative", "value": "Walmart", "start": 102, "label": "Negative" }, { "end": 7, "tag": "Negative", "value": "Walmart", "start": 0, "label": "Negative" } ] }, { "content": "The warning hit shares of other delivery companies as well as retailers in extended trading. United Parcel Service dropped 5%, while Amazon dropped 1.6 and Target dipped nearly 1%.", "annotations": [ { "end": 179, "tag": "Negative", "value": "Target", "start": 173, "label": "Negative" }, { "end": 114, "tag": "Negative", "value": "United Parcel Service", "start": 93, "label": "Negative" }, { "end": 147, "tag": "Negative", "value": "Amazon", "start": 141, "label": "Negative" } ] }, { "content": "Justified or not, the price plunge itself is problematic. First, the credit default swap selloff implies higher funding costs. Analysts at Citigroup pegged the increase at around 300 million Swiss francs, equivalent to 5% of 2021 adjusted pre-tax profit. It could also deter trading counterparties, implying more pain for its already loss-making investment bank. Similarly, spooked private-banking clients could pull assets, infecting the core wealth management franchise. ", "annotations": [ { "end": 148, "tag": "Neutral", "value": "Citigroup", "start": 139, "label": "Neutral" } ] }, { "content": "And according to a Deutsche Bank survey of 475 financial professionals around the world, expectations of economic contractions are indeed sharply on the rise.", "annotations": [ { "end": 32, "tag": "Neutral", "value": "Deutsche Bank", "start": 19, "label": "Neutral" } ] }, { "content": "The railroads' cost-cutting moves stoked profits but \"there wasn't any buffer\" for demand shocks and service disruptions caused by home-bound shoppers' binge on exercise equipment, furniture, appliances and other goods, Stifel analyst Ben Nolan said.", "annotations": [ { "end": 226, "tag": "Neutral", "value": "Stifel", "start": 220, "label": "Neutral" } ] }, { "content": "Shares of chipmakers, which have a large exposure to China, fell in premarket trading. Advanced Micro Devices , Qualcomm , Intel Corp , Micron Technology Inc and Nvidia Corp were down between 0.9% and 1.3%.", "annotations": [ { "end": 203, "tag": "Negative", "value": "Nvidia Corp", "start": 192, "label": "Negative" }, { "end": 127, "tag": "Negative", "value": "Qualcomm", "start": 119, "label": "Negative" }, { "end": 180, "tag": "Negative", "value": "Micron Technology Inc", "start": 159, "label": "Negative" }, { "end": 109, "tag": "Negative", "value": "Advanced Micro Devices", "start": 87, "label": "Negative" }, { "end": 148, "tag": "Negative", "value": "Intel Corp", "start": 138, "label": "Negative" } ] }, { "content": "The pain in the April-June quarter comes fresh after the closely watched Vision Fund posted a record $26 billion loss in May, hit by rising interest rates and political instability that disrupted global markets.", "annotations": [ { "end": 84, "tag": "Negative", "value": "Vision Fund", "start": 73, "label": "Negative" } ] }, { "content": "\"Output and new orders continued to fall with the sector still feeling the repercussions of material shortages and delivery delays,\" Shreeya Patel, an economist at S&P Global, said in a statement.", "annotations": [ { "end": 174, "tag": "Neutral", "value": "S&P Global", "start": 164, "label": "Neutral" } ] }, { "content": "Brent crude futures were down 2 cents, or 0.02%, to $91.67 a barrel by 11:37 a.m. EDT (1537 GMT), recovering from a 6.4% fall last week. U.S. West Texas Intermediate crude was up 4 cents, or 0.4%, at $85.57 after a 7.6% decline last week.", "annotations": [ { "end": 19, "tag": "Negative", "value": "Brent crude futures", "start": 0, "label": "Negative" }, { "end": 179, "tag": "Positive", "value": "U.S. West Texas Intermediate crude", "start": 145, "label": "Positive" } ] }, { "content": "Meanwhile, earnings report from Facebook parent Meta Platforms Inc on Wednesday and Samsung Electronics Co Ltd <005930.KS> spurred worries of a downturn after some of Europe's largest banks also warned of growing risks as the economy fizzles.", "annotations": [ { "end": 119, "tag": "Negative", "value": "Samsung Electronics Co Ltd", "start": 93, "label": "Negative" }, { "end": 66, "tag": "Negative", "value": "Meta Platforms Inc", "start": 48, "label": "Negative" }, { "end": 40, "tag": "Negative", "value": "Facebook", "start": 32, "label": "Negative" } ] }, { "content": "A second person said it was too early to say whether FAA concerns would lead to a new delay in resuming deliveries, which have been suspended for the past year due to production flaws. ", "annotations": [ { "end": 56, "tag": "Neutral", "value": "FAA", "start": 53, "label": "Neutral" } ] }, { "content": "\"Stock market volatility is a big headwind to strategic M&A. When you have stock market volatility, it's tough to have value conversations and makes it hard to use stock as currency,\" said Damien Zoubek, co-head of U.S. corporate practice and M&A at Freshfields Bruckhaus Deringer.", "annotations": [ { "end": 280, "tag": "Neutral", "value": "Freshfields Bruckhaus Deringer", "start": 250, "label": "Neutral" } ] }, { "content": "European tech index <.SX8P> slipped 0.8%, while New York-listed shares of Chinese firms Alibaba , JD.com and Pinduoduo fell nearly 1.5% each.", "annotations": [ { "end": 19, "tag": "Negative", "value": "European tech index", "start": 0, "label": "Negative" }, { "end": 95, "tag": "Negative", "value": "Alibaba", "start": 88, "label": "Negative" }, { "end": 112, "tag": "Negative", "value": "JD.com", "start": 106, "label": "Negative" }, { "end": 133, "tag": "Negative", "value": "Pinduoduo", "start": 124, "label": "Negative" } ] }, { "content": "In the trial, the drug was used in combination with Pfizer's established Ibrance and compared to a different group of patients on standard hormone therapy.", "annotations": [ { "end": 58, "tag": "Neutral", "value": "Pfizer", "start": 52, "label": "Neutral" }, { "end": 88, "tag": "Neutral", "value": "Ibrance", "start": 81, "label": "Neutral" } ] }, { "content": "For a start, it would be difficult for investors to get any more bearish. Bank of America's 'Bull & Bear' has been at \"max bearish\" for an unprecedented four weeks in a row and, according to the bank's strategists, investors with traditional \"60/40\" portfolios are facing the worst returns this year for a century.", "annotations": [ { "end": 89, "tag": "Neutral", "value": "Bank of America", "start": 74, "label": "Neutral" } ] }, { "content": "Last week, the Nasdaq Composite <.IXIC> flirted with its bear-market lows. In fact, on Thursday, it ended down 35.6% from its Nov. 19, 2021 record finish. ", "annotations": [ { "end": 31, "tag": "Negative", "value": "Nasdaq Composite", "start": 15, "label": "Negative" } ] }, { "content": "\"The recent recovery in oil imports faltered in September,\" ANZ analysts said in a note, adding that independent refiners failed to utilise increased quotas as ongoing COVID-related lockdowns weighed on demand. ", "annotations": [ { "end": 63, "tag": "Neutral", "value": "ANZ", "start": 60, "label": "Neutral" } ] }, { "content": "Just 2.6 million square feet (241,548 square metres) of space was let in the third quarter, 30% down from the second quarter and 14% below the 10-year quarterly average, CBRE said.", "annotations": [ { "end": 174, "tag": "Negative", "value": "CBRE", "start": 170, "label": "Negative" } ] }, { "content": "Deutsche, which had faced stinging criticism from some investors and politicians for its ongoing ties to Russia, announced late on Friday that it would wind down its business there. [nL2N2VH0B1]", "annotations": [ { "end": 8, "tag": "Negative", "value": "Deutsche", "start": 0, "label": "Negative" } ] }, { "content": "Oil majors Exxon Mobil Corp and Chevron Corp rose about 0.2% each in premarket trading after crude prices extended their rally on fears of tighter global supply. [O/R]", "annotations": [ { "end": 52, "tag": "Positive", "value": "Chevron Corp", "start": 40, "label": "Positive" }, { "end": 27, "tag": "Positive", "value": "Exxon Mobil Corp", "start": 11, "label": "Positive" } ] }, { "content": "CIFI\ufffd\ufffds plight is particularly alarming. It managed to avoid defaults on any of its publicly-traded debt, and even paid an interest payment for an offshore bond due in 2024. That bond, though, rallied to 60 cents on the dollar last month, but now trades at just 28 cents. CIFI\ufffd\ufffds chairman has also flagged that the company was not able to tap its $4.1 billion of cash on its balance sheet due to government controls on its escrow accounts. The stronger parts of the property market are weakening, and fast. (By Yawen Chen)", "annotations": [ { "end": 4, "tag": "Negative", "value": "CIFI", "start": 0, "label": "Negative" }, { "end": 294, "tag": "Negative", "value": "CIFI", "start": 290, "label": "Negative" } ] }, { "content": "UBS' smaller cross-town rival Credit Suisse , which reports earnings on Wednesday, has warned of a likely second-quarter loss. Analysts on average expect the bank to report a loss of 60 U.S. cents per share. [nL8N2XV0FZ] [nL8N2Z60FD] ", "annotations": [ { "end": 43, "tag": "Negative", "value": "Credit Suisse", "start": 30, "label": "Negative" }, { "end": 3, "tag": "Neutral", "value": "UBS", "start": 0, "label": "Neutral" } ] }, { "content": "An official at a large Hyundai supplier who has spoken to senior officials at the company told Reuters that the automaker was caught off guard by the law. ", "annotations": [ { "end": 30, "tag": "Negative", "value": "Hyundai", "start": 23, "label": "Negative" }, { "end": 102, "tag": "Neutral", "value": "Reuters", "start": 95, "label": "Neutral" } ] }, { "content": "** Medical diagnostics firm Dr. Lal PathLabs Ltd on Tuesday reported a 24.5% drop in September quarter profit as a sustained decline in revenue and volume from its COVID-19 related business and higher expenses weighed.", "annotations": [ { "end": 48, "tag": "Negative", "value": "Dr. Lal PathLabs Ltd", "start": 28, "label": "Negative" } ] }, { "content": "CME e-mini Nasdaq 100 futures are off around 2% in premarket trade Wednesday, after disappointing results from technology-giant Microsoft, as well as Alphabet, sparked losses in other mega-cap companies and raised fears of slowing economic growth. [.N]", "annotations": [ { "end": 29, "tag": "Negative", "value": "CME e-mini Nasdaq 100 futures", "start": 0, "label": "Negative" }, { "end": 145, "tag": "Negative", "value": "Microsoft", "start": 136, "label": "Negative" }, { "end": 166, "tag": "Negative", "value": "Alphabet", "start": 158, "label": "Negative" } ] }, { "content": "His exit comes as Facebook faces a host of regulatory challenges in the country where Prime Minister Narendra Modi's administration has been tightening laws governing Big Tech companies. ", "annotations": [ { "end": 26, "tag": "Negative", "value": "Facebook", "start": 18, "label": "Negative" } ] }, { "content": "Nigeria had alleged JPMorgan was \"grossly negligent\" in its transfer of funds paid by the energy majors to a company linked to the country's disgraced former oil minister Dan Etete, as per instructions received from Nigerian government officials.", "annotations": [ { "end": 28, "tag": "Negative", "value": "JPMorgan", "start": 20, "label": "Negative" } ] }, { "content": "With hotter weather coming, Refinitiv projected average U.S. gas demand, including exports, would rise from 92.8 bcfd this week to 95.5 bcfd next week. Those forecasts were lower than Refinitiv's outlook on Tuesday.", "annotations": [ { "end": 193, "tag": "Neutral", "value": "Refinitiv", "start": 184, "label": "Neutral" }, { "end": 37, "tag": "Neutral", "value": "Refinitiv", "start": 28, "label": "Neutral" } ] }, { "content": "Verizon shares fell as much as 6% to nearly five-year low of $44.64. They closed down about 3% lower in the prior session when rival AT&T warned some of its customers were delaying bill payments. AT&T shares were trading nearly 2% lower. ", "annotations": [ { "end": 206, "tag": "Negative", "value": "AT&T", "start": 202, "label": "Negative" }, { "end": 7, "tag": "Negative", "value": "Verizon", "start": 0, "label": "Negative" }, { "end": 137, "tag": "Negative", "value": "AT&T", "start": 133, "label": "Negative" } ] }, { "content": "\"We deplore Russia's military action that violates the territorial integrity of Ukraine and endangers its people,\" Exxon said. Ford said in its condemnation: \"The situation has compelled us to reassess our operations in Russia.\"", "annotations": [ { "end": 131, "tag": "Neutral", "value": "Ford", "start": 127, "label": "Neutral" }, { "end": 120, "tag": "Neutral", "value": "Exxon", "start": 115, "label": "Neutral" } ] }, { "content": "\"Anytime you have a government who's basically changing their mind, it's very hard to plan and you have to have a risk premium on UK assets because of the uncertainty,\" said Patrick Armstrong, chief investment officer at Plurimi Wealth. ", "annotations": [ { "end": 235, "tag": "Neutral", "value": "Plurimi Wealth", "start": 221, "label": "Neutral" } ] }, { "content": " The Dow Jones Industrial Average <.DJI> rose 0.27% by 1:30 p.m. ET (1730 GMT). The S&P 500 <.SPX> lost 0.44% and the Nasdaq Composite <.IXIC> dropped 1.69%, dragged by disappointing earnings and warnings from Microsoft and Alphabet. ", "annotations": [ { "end": 94, "tag": "Negative", "value": "S&P 500", "start": 87, "label": "Negative" }, { "end": 235, "tag": "Negative", "value": "Alphabet", "start": 227, "label": "Negative" }, { "end": 36, "tag": "Positive", "value": "Dow Jones Industrial Average", "start": 8, "label": "Positive" }, { "end": 137, "tag": "Negative", "value": "Nasdaq Composite", "start": 121, "label": "Negative" }, { "end": 222, "tag": "Negative", "value": "Microsoft", "start": 213, "label": "Negative" } ] }, { "content": "The S&P 500 slumped about 2.4% in the prior three sessions and recently joined the Dow, Nasdaq and Russell 2000 <.RUT> in forming a \"death cross\" technical pattern, when a short-term moving average crosses below a longer-term moving average, which some investors believe signals more near-term weakness is likely. [nL2N2VI1WC]", "annotations": [ { "end": 111, "tag": "Negative", "value": "Russell 2000", "start": 99, "label": "Negative" }, { "end": 11, "tag": "Negative", "value": "S&P 500", "start": 4, "label": "Negative" }, { "end": 86, "tag": "Negative", "value": "Dow", "start": 83, "label": "Negative" }, { "end": 94, "tag": "Negative", "value": "Nasdaq", "start": 88, "label": "Negative" } ] }, { "content": "Plaintiffs had scored some significant trial victories against pharmacy chains, including a $650.6 million judgment in favor of two Ohio counties against CVS, Walgreens Boots Alliance and Walmart, and a ruling that Walgreens contributed to the opioid epidemic in San Francisco.", "annotations": [ { "end": 224, "tag": "Negative", "value": "Walgreens", "start": 215, "label": "Negative" }, { "end": 195, "tag": "Negative", "value": "Walmart", "start": 188, "label": "Negative" }, { "end": 157, "tag": "Negative", "value": "CVS", "start": 154, "label": "Negative" }, { "end": 183, "tag": "Negative", "value": "Walgreens Boots Alliance", "start": 159, "label": "Negative" } ] }, { "content": "\"A recession is going to materially impact WeWork's operations because SMEs (small and medium-sized enterprises) are going to cut costs. This may lead to an increase in WFH (work-from-home) set-up,\" Third Bridge analyst Max Georgiou said.", "annotations": [ { "end": 49, "tag": "Negative", "value": "WeWork", "start": 43, "label": "Negative" }, { "end": 211, "tag": "Neutral", "value": "Third Bridge", "start": 199, "label": "Neutral" } ] }, { "content": "The S&P 500 <.SPX>, for instance, has fallen as low as 23.6% from its January record high this year, in line with the 24% median decline the index has registered in past recessions, indicating that \"at least some of the challenging environment is reflected in stock prices,\" Keith Lerner, co-chief investment officer at Truist Advisory Services, said in a report.", "annotations": [ { "end": 11, "tag": "Negative", "value": "S&P 500", "start": 4, "label": "Negative" }, { "end": 344, "tag": "Neutral", "value": "Truist Advisory Services", "start": 320, "label": "Neutral" } ] }, { "content": "British commercial property firm Land Securities slumped to a half-year loss, as property valuations fell due to surging interest rates and inflation, while Vodafone cut its full-year free cash flow forecast and said earnings would come in towards the bottom of its range.", "annotations": [ { "end": 48, "tag": "Negative", "value": "Land Securities", "start": 33, "label": "Negative" }, { "end": 174, "tag": "Negative", "value": "Vodafone", "start": 166, "label": "Negative" } ] }, { "content": "\"Yesterday's news about Apple suspending its production increase caused the market to factor in a global recession,\" Tokai Tokyo Research Institute senior strategist Takashi Nakamura said. ", "annotations": [ { "end": 29, "tag": "Neutral", "value": "Apple", "start": 24, "label": "Neutral" }, { "end": 147, "tag": "Neutral", "value": "Tokai Tokyo Research Institute", "start": 117, "label": "Neutral" } ] }, { "content": "The DJI is last up 3.42% this month, while the S&P 500 has risen 2.21%. However, as stands, the Nasdaq is down 0.04% for the month.", "annotations": [ { "end": 102, "tag": "Negative", "value": "Nasdaq", "start": 96, "label": "Negative" }, { "end": 7, "tag": "Positive", "value": "DJI", "start": 4, "label": "Positive" }, { "end": 54, "tag": "Positive", "value": "S&P 500", "start": 47, "label": "Positive" } ] }, { "content": "Late on Tuesday, United Airlines said it has temporarily suspended flying over Russian airspace, joining other major U.S. carriers who have taken the step after Russia's invasion of Ukraine.", "annotations": [ { "end": 32, "tag": "Neutral", "value": "United Airlines", "start": 17, "label": "Neutral" } ] }, { "content": "Shares of Tower Semiconductor , which agreed in February to sell itself to Intel Corp for $5.4 billion, were down 4% on Wednesday afternoon at $41.31, a significant discount to the $53 per share deal price, reflecting doubt among investors over whether the transaction will be completed.", "annotations": [ { "end": 93, "tag": "Neutral", "value": "Intel Corp", "start": 83, "label": "Neutral" }, { "end": 29, "tag": "Negative", "value": "Tower Semiconductor", "start": 10, "label": "Negative" } ] }, { "content": "S&P said the insurance sectors likely to be most impacted were aviation, trade credit, political risk such as nationalisation, cyber, political violence and marine war.", "annotations": [ { "end": 3, "tag": "Neutral", "value": "S&P", "start": 0, "label": "Neutral" } ] }, { "content": "Walmart, a bellwether for the retail sector that caters to cost-conscious shoppers, said its full-year profit would decline 11% to 13%, compared to the 1% fall it previously forecast [nL4N2Z63A4]", "annotations": [ { "end": 7, "tag": "Negative", "value": "Walmart", "start": 0, "label": "Negative" } ] }, { "content": "\"There's still some uncertainty based on whether or not Elon can find the actual financing to do the deal,\" said Randy Frederick, managing director of trading and derivatives for the Schwab Center.", "annotations": [ { "end": 196, "tag": "Neutral", "value": "Schwab Center", "start": 183, "label": "Neutral" } ] }, { "content": "Musk said last month that Tesla's new factories in Texas and Berlin are \"losing billions of dollars\" as they struggle to increase production because of a shortage of batteries and Chinese port issues. [nL1N2Y92YN]", "annotations": [ { "end": 31, "tag": "Negative", "value": "Tesla", "start": 26, "label": "Negative" } ] }, { "content": "Jeff Walczak, CEO at Ground contractor consultancy eTruckBiz.com, says 20-25% of his clients are struggling to turn a profit - about double the normal rate. ", "annotations": [ { "end": 64, "tag": "Neutral", "value": "eTruckBiz.com", "start": 51, "label": "Neutral" } ] }, { "content": "\"The market believes that the Fed will get inflation under control at the expense of the economy. The question is will they achieve this through a soft landing or a hard landing.\"", "annotations": [ { "end": 33, "tag": "Neutral", "value": "Fed", "start": 30, "label": "Neutral" } ] }, { "content": "Adding to Tuesday's gloom was the International Monetary Fund forecast for global real GDP growth of 3.2% in 2022, down from its 3.6% forecast issued in April, with downside risks from high inflation and the Ukraine war potentially pushing the world economy to the brink of recession. [nL1N2Z60Z2]", "annotations": [ { "end": 61, "tag": "Neutral", "value": "International Monetary Fund", "start": 34, "label": "Neutral" } ] }, { "content": "Once with $36 billion in assets, Archegos collapsed in March 2021 when it was caught short after making huge bets on stocks through securities known as total return swaps. That sparked a fire sale in stocks, resulting in large losses for Credit Suisse Group AG , Nomura Holdings Inc <8604.T> and other banks. ", "annotations": [ { "end": 260, "tag": "Negative", "value": "Credit Suisse Group AG", "start": 238, "label": "Negative" }, { "end": 290, "tag": "Negative", "value": "Nomura Holdings Inc", "start": 271, "label": "Negative" }, { "end": 41, "tag": "Negative", "value": "Archegos", "start": 33, "label": "Negative" } ] }, { "content": "Wall Street's main indexes are lower Thursday after gloomy forecasts from Meta and Qualcomm and an early GDP reading that showed the U.S. economy contracted again in the second quarter. [.N]", "annotations": [ { "end": 91, "tag": "Negative", "value": "Qualcomm", "start": 83, "label": "Negative" }, { "end": 78, "tag": "Negative", "value": "Meta", "start": 74, "label": "Negative" } ] }, { "content": "Investors closely awaited a crucial supply decision from OPEC+ due later Wednesday, which could have global implications for already high energy prices and inflation.", "annotations": [ { "end": 62, "tag": "Neutral", "value": "OPEC+", "start": 57, "label": "Neutral" } ] }, { "content": "According to the latest EPFR data, capital has been flowing out of European equities for six weeks in a row as the war in Ukraine prompted investors to pull out. ", "annotations": [ { "end": 28, "tag": "Neutral", "value": "EPFR", "start": 24, "label": "Neutral" } ] }, { "content": "The minutes also showed that Fed officials saw \"little evidence\" late last month that U.S. inflation pressures were easing, and that participants said it may take longer than anticipated for inflation to dissipate. [nL1N2ZT0WB] ", "annotations": [ { "end": 32, "tag": "Neutral", "value": "Fed", "start": 29, "label": "Neutral" } ] }, { "content": "The standoff between U.S. railroad operators and their union workers disrupted flows of hazardous materials such as chemicals used in fertilizer and disrupted U.S. passenger railroad Amtrak service in September as railroads prepared for a possible work stoppage. ", "annotations": [ { "end": 189, "tag": "Negative", "value": "Amtrak", "start": 183, "label": "Negative" } ] }, { "content": "** Low-cost carrier Frontier Group Holdings Inc has declined to further raise its bid for takeover target Spirit Airlines Inc , potentially drawing curtains on its months-long bidding war with JetBlue Airways Corp . [nL4N2YS2EF]", "annotations": [ { "end": 134, "tag": "Neutral", "value": "Spirit Airlines Inc", "start": 115, "label": "Neutral" }, { "end": 230, "tag": "Neutral", "value": "JetBlue Airways Corp", "start": 210, "label": "Neutral" }, { "end": 47, "tag": "Neutral", "value": "Frontier Group Holdings Inc", "start": 20, "label": "Neutral" } ] }, { "content": "\"The recent surge in mortgage rates has shut most borrowers out of rate/term refinances, causing the refinance index to fall for the sixth consecutive week,\" says Joel Kan, associate vice president of Economic and Industry Forecasting at MBA. \"In a housing market facing affordability challenges and low inventory, higher rates are causing a pullback or delay in home purchase demand as well.\"", "annotations": [ { "end": 241, "tag": "Neutral", "value": "MBA", "start": 238, "label": "Neutral" } ] }, { "content": "Morgan Stanley joins rivals, JPMorgan Chase and Co and Well Fargo & Co who also reported a similar hit to their quarterly profit on Friday amid an uncertain economic conditions that have led banks to build rainy day funds. ", "annotations": [ { "end": 50, "tag": "Negative", "value": "JPMorgan Chase and Co", "start": 29, "label": "Negative" }, { "end": 14, "tag": "Negative", "value": "Morgan Stanley", "start": 0, "label": "Negative" }, { "end": 78, "tag": "Negative", "value": "Well Fargo & Co", "start": 63, "label": "Negative" } ] }, { "content": "Epic Games has largely lost a trial last year over whether Apple's payment rules for apps were anticompetitive. That decision found Apple had suitable reasons to force some app makers such as Epic to use its payment system and take commissions of 15% to 30% on their sales.", "annotations": [ { "end": 146, "tag": "Positive", "value": "Apple", "start": 141, "label": "Positive" }, { "end": 205, "tag": "Negative", "value": "Epic", "start": 201, "label": "Negative" }, { "end": 64, "tag": "Positive", "value": "Apple", "start": 59, "label": "Positive" }, { "end": 10, "tag": "Negative", "value": "Epic Games", "start": 0, "label": "Negative" } ] }, { "content": "When it comes to offering advice on mergers, meanwhile, low-returning European banks struggle to match the salaries rainmakers can earn at U.S. firms or boutiques like Robey Warshaw, Centerview Partners, Evercore and others.", "annotations": [ { "end": 202, "tag": "Neutral", "value": "Centerview Partners", "start": 183, "label": "Neutral" }, { "end": 212, "tag": "Neutral", "value": "Evercore", "start": 204, "label": "Neutral" }, { "end": 181, "tag": "Neutral", "value": "Robey Warshaw", "start": 168, "label": "Neutral" } ] }, { "content": "While executives and analysts debate the impact of the slower growth in the cloud market, Super Micro Computer Inc ., which specializes in customized servers for new technology, said developments such as self-driving cars and the meta-verse are still bringing new waves of demand.", "annotations": [ { "end": 114, "tag": "Neutral", "value": "Super Micro Computer Inc", "start": 90, "label": "Neutral" } ] }, { "content": "The FTC filed a lawsuit in 2020 asking a court to undo then-Facebook's acquisitions of Instagram for $1 billion in 2012 and WhatsApp for $19 billion in 2014. It said that the company acted illegally to maintain its social network monopoly. (Reporting by Diane Bartz Editing by Bill Berkrot) ((Diane.Bartz@thomsonreuters.com; 1 202 898 8313;))", "annotations": [ { "end": 96, "tag": "Neutral", "value": "Instagram", "start": 87, "label": "Neutral" }, { "end": 7, "tag": "Neutral", "value": "FTC", "start": 4, "label": "Neutral" }, { "end": 132, "tag": "Neutral", "value": "WhatsApp", "start": 124, "label": "Neutral" }, { "end": 68, "tag": "Negative", "value": "Facebook", "start": 60, "label": "Negative" } ] }, { "content": "With hotter weather expected, Refinitiv projected that average U.S. gas demand including exports would rise from 98.9 bcfd this week to 100.8 bcfd next week before sliding to 99.2 bcfd in two weeks as heat starts to ease. Refinitiv's forecasts for this week and next were lower than on Thursday.", "annotations": [ { "end": 39, "tag": "Neutral", "value": "Refinitiv", "start": 30, "label": "Neutral" }, { "end": 231, "tag": "Neutral", "value": "Refinitiv", "start": 222, "label": "Neutral" } ] }, { "content": "Restaurants across the United States have been struggling to staff their outlets adequately amid a tight labor market, which led to a decline in Domino's Pizza Inc and Yum Brands' Pizza Hut quarterly sales. ", "annotations": [ { "end": 163, "tag": "Negative", "value": "Domino's Pizza Inc", "start": 145, "label": "Negative" }, { "end": 197, "tag": "Negative", "value": "Yum Brands' Pizza Hut", "start": 176, "label": "Negative" } ] }, { "content": "A first batch of earnings results has not helped much either. Amongst London blue chips, Admiral is the top faller, down 8.1% after smaller peer insurer Sabre profit warning. Sabre shares are down 36%.", "annotations": [ { "end": 96, "tag": "Negative", "value": "Admiral", "start": 89, "label": "Negative" }, { "end": 198, "tag": "Negative", "value": "Sabre", "start": 193, "label": "Negative" }, { "end": 167, "tag": "Negative", "value": "Sabre", "start": 162, "label": "Negative" } ] }, { "content": "Top U.S. banks, including JPMorgan & Chase , Citigroup , Goldman Sachs , and Morgan Stanley , shed 3-5% in pre-market trade. That was a heavier fall than the broader market, where futures tracking the S&P were down 2.6%. [nL4N2UZ3FZ]", "annotations": [ { "end": 82, "tag": "Negative", "value": "Goldman Sachs", "start": 69, "label": "Negative" }, { "end": 61, "tag": "Negative", "value": "Citigroup", "start": 52, "label": "Negative" }, { "end": 109, "tag": "Negative", "value": "Morgan Stanley", "start": 95, "label": "Negative" }, { "end": 42, "tag": "Negative", "value": "JPMorgan & Chase", "start": 26, "label": "Negative" }, { "end": 228, "tag": "Negative", "value": "S&P", "start": 225, "label": "Negative" } ] }, { "content": "Online British supermarket group Ocado , Germany's Meal-kit delivery firm HelloFresh and food delivery company Delivery Hero which emerged as European stay-at-home champions in the early days of the pandemic have underperformed the pan-European STOXX 600 so far in 2022. ", "annotations": [ { "end": 283, "tag": "Neutral", "value": "STOXX 600", "start": 274, "label": "Neutral" }, { "end": 38, "tag": "Negative", "value": "Ocado", "start": 33, "label": "Negative" }, { "end": 143, "tag": "Negative", "value": "Delivery Hero", "start": 130, "label": "Negative" }, { "end": 93, "tag": "Negative", "value": "HelloFresh", "start": 83, "label": "Negative" } ] }, { "content": "Lyft forecast second-quarter revenue below Wall Street expectations and shares fell 26% in after-hours trade. Shares of rival Uber Technologies Inc , which reports its own results on Wednesday, fell 11%.", "annotations": [ { "end": 4, "tag": "Negative", "value": "Lyft", "start": 0, "label": "Negative" }, { "end": 147, "tag": "Negative", "value": "Uber Technologies Inc", "start": 126, "label": "Negative" } ] }, { "content": "TripAdvisor Inc lost 2.50% after the hotel search website operator posted a surprise fourth-quarter loss. Albemarle Corp plunged 19.91% as the lithium producer forecast downbeat annual earnings. [nL4N2UR440]", "annotations": [ { "end": 129, "tag": "Negative", "value": "Albemarle Corp", "start": 115, "label": "Negative" }, { "end": 15, "tag": "Negative", "value": "TripAdvisor Inc", "start": 0, "label": "Negative" } ] }, { "content": "In 2021, Trecora's stock price gained 15% but lagged the broader Russell 3000 Index which climbed 25.6% last year. Over the last five years, Trecora's stock price has fallen 33.52%.", "annotations": [ { "end": 16, "tag": "Positive", "value": "Trecora", "start": 9, "label": "Positive" }, { "end": 83, "tag": "Positive", "value": "Russell 3000 Index", "start": 65, "label": "Positive" }, { "end": 148, "tag": "Negative", "value": "Trecora", "start": 141, "label": "Negative" } ] }, { "content": "The sector has been crushed by disappointing earnings from retailers including Target and Walmart and even with Wednesday's gain was last 7.8% below its last close before Target's May 18 report triggered the selloff. [nL3N2XA1XU]", "annotations": [ { "end": 193, "tag": "Negative", "value": "Target", "start": 187, "label": "Negative" }, { "end": 85, "tag": "Negative", "value": "Target", "start": 79, "label": "Negative" }, { "end": 105, "tag": "Negative", "value": "Walmart", "start": 98, "label": "Negative" } ] }, { "content": "\"Looking ahead, industrial production will have a relatively tough time growing in an economic environment of high inflation, rising interest rates, persistent supply chain problems, and weakening domestic demand,\" says Oren Klachkin, lead U.S. economist at OE. ", "annotations": [ { "end": 260, "tag": "Neutral", "value": "OE", "start": 258, "label": "Neutral" } ] }, { "content": "Of course, crypto is hardly alone in flying through heavy 2022 turbulence. The stock markets officially dipped into bear territory earlier in June \ufffdC the S&P 500 <.SPX> is down more than 19% year-to-date as of Wednesday, and the Nasdaq <.IXIC> is down more than 28% over that time frame. ", "annotations": [ { "end": 234, "tag": "Negative", "value": "Nasdaq", "start": 228, "label": "Negative" }, { "end": 160, "tag": "Negative", "value": "S&P 500", "start": 153, "label": "Negative" } ] }, { "content": "Still, the news sent Brenntag\ufffd\ufffds shares down some 9% on Monday. A deal would be bigger than the bolt-on transactions expected by investors and may require some equity issuance. Any mega-deal looks risky on the eve of a downturn. And given the healthier U.S. market, there\ufffd\ufffds a risk Brenntag gets stuck in a bidding war \ufffdC or ends up overpaying. (By Neil Unmack) ", "annotations": [ { "end": 29, "tag": "Negative", "value": "Brenntag", "start": 21, "label": "Negative" }, { "end": 288, "tag": "Negative", "value": "Brenntag", "start": 280, "label": "Negative" } ] }, { "content": "NEW YORK, Sept 12 (Reuters) - Wall Street advanced to two-week highs on Monday with few impediments to thwart a three-day winning streak as investors awaited crucial inflation data.", "annotations": [ { "end": 26, "tag": "Neutral", "value": "Reuters", "start": 19, "label": "Neutral" } ] }, { "content": "The spill halted operation of two pipelines that bring oil from several production facilities off the Louisiana coast, curtailing about 600,000 barrels per day of output from Shell, Chevron Corp and Equinor , according to two people familiar with offshore operations.", "annotations": [ { "end": 194, "tag": "Negative", "value": "Chevron Corp", "start": 182, "label": "Negative" }, { "end": 180, "tag": "Negative", "value": "Shell", "start": 175, "label": "Negative" }, { "end": 214, "tag": "Negative", "value": "Equinor", "start": 207, "label": "Negative" } ] }, { "content": "But the Abu Dhabi index <.FTFADGI> closed 0.7% lower, hit by a 2% slump in the country's largest lender First Abu Dhabi Bank and a 0.2% drop in conglomerate International Holding Company .", "annotations": [ { "end": 195, "tag": "Negative", "value": "International Holding Company", "start": 166, "label": "Negative" }, { "end": 124, "tag": "Negative", "value": "First Abu Dhabi Bank", "start": 104, "label": "Negative" }, { "end": 23, "tag": "Negative", "value": "Abu Dhabi index", "start": 8, "label": "Negative" } ] }, { "content": "Disney's streaming effort is still losing money, reporting a loss of $1.1 billion for the quarter. That put a drag on the media and entertainment unit, whose profit declined by 32% to nearly $1.4 billion.", "annotations": [ { "end": 6, "tag": "Negative", "value": "Disney", "start": 0, "label": "Negative" } ] }, { "content": "Russian-exposed stocks tried to rebound but overall the picture was mixed, showing investors still lacked conviction, while poorly-received earning updates from the likes of Flutter , Hellofresh and Zalando added some gloom.", "annotations": [ { "end": 203, "tag": "Negative", "value": "Hellofresh", "start": 193, "label": "Negative" }, { "end": 181, "tag": "Negative", "value": "Flutter", "start": 174, "label": "Negative" }, { "end": 225, "tag": "Negative", "value": "Zalando", "start": 218, "label": "Negative" } ] }, { "content": "The company also dragged down shares of other insures including Admiral Group and Direct Line Insurance, which tumbled 12% and 7%, respectively. ", "annotations": [ { "end": 112, "tag": "Negative", "value": "Direct Line Insurance", "start": 91, "label": "Negative" }, { "end": 77, "tag": "Negative", "value": "Admiral Group", "start": 64, "label": "Negative" } ] }, { "content": "Crowdstrike's shares sank nearly 19% in morning trading after the company forecast current-quarter revenue on Tuesday that fell short of analysts' estimates, while peers Zscaler Inc , SentinelOne Inc and Palo Alto Networks Inc fell between 2% and 11%.", "annotations": [ { "end": 238, "tag": "Negative", "value": "Palo Alto Networks Inc", "start": 216, "label": "Negative" }, { "end": 205, "tag": "Negative", "value": "SentinelOne Inc", "start": 190, "label": "Negative" }, { "end": 181, "tag": "Negative", "value": "Zscaler Inc", "start": 170, "label": "Negative" }, { "end": 11, "tag": "Negative", "value": "Crowdstrike", "start": 0, "label": "Negative" } ] }, { "content": "Shell said in response to the announcement that \"the energy sector needs to have confidence that there will now be a stable investment climate following a period of considerable uncertainty\".", "annotations": [ { "end": 5, "tag": "Neutral", "value": "Shell", "start": 0, "label": "Neutral" } ] }, { "content": "Shares of smaller electric-vehicle makers including Rivian Automotive Inc , Fisker Inc and Lucid Group were also down between 2.7% and 6.8% in early trading.", "annotations": [ { "end": 73, "tag": "Negative", "value": "Rivian Automotive Inc", "start": 52, "label": "Negative" }, { "end": 118, "tag": "Negative", "value": "Lucid Group", "start": 107, "label": "Negative" }, { "end": 94, "tag": "Negative", "value": "Fisker Inc", "start": 84, "label": "Negative" } ] }, { "content": "The report offset some of the gloom that's surrounded earnings from tech and growth companies this week, including a weaker-than-expected holiday-quarter sales forecast from Amazon.com late Thursday and a more than 9% drop in its shares on Friday.", "annotations": [ { "end": 184, "tag": "Negative", "value": "Amazon.com", "start": 174, "label": "Negative" } ] }, { "content": "\"The sentiment data has been sliding sideways as consumers try to reconcile solid economic and labor market conditions against expectations of a recession and harmful inflation,\" said Thomas Simons, an economist at Jefferies LLC. ", "annotations": [ { "end": 228, "tag": "Neutral", "value": "Jefferies LLC", "start": 215, "label": "Neutral" } ] }, { "content": "HCA slumped 19% after reporting a downbeat profit view, while other hospital operators felt the contagion: Tenet Healthcare , Community Health Systems and Universal Health Services fell between 12.9% and 18.8%.", "annotations": [ { "end": 157, "tag": "Negative", "value": "Community Health Systems", "start": 133, "label": "Negative" }, { "end": 123, "tag": "Negative", "value": "Tenet Healthcare", "start": 107, "label": "Negative" }, { "end": 195, "tag": "Negative", "value": "Universal Health Services", "start": 170, "label": "Negative" }, { "end": 3, "tag": "Negative", "value": "HCA", "start": 0, "label": "Negative" } ] }, { "content": " * California makes a Full Stop Demand on Tesla\ufffd\ufffds FSD California regulators have accused Tesla of falsely advertising that its Autopilot and \ufffd\ufffdFull Self Driving\ufffd\ufffd (FSD) technologies are equivalent to autonomous vehicle control.", "annotations": [ { "end": 95, "tag": "Negative", "value": "Tesla", "start": 90, "label": "Negative" }, { "end": 48, "tag": "Negative", "value": "Tesla", "start": 43, "label": "Negative" } ] }, { "content": "\"With a gap of $8 billion between liabilities and assets, when FTX is insolvent, it will trigger a domino effect, which will lead to a series of investors related to FTX going bankrupt or being forced to sell assets.\"", "annotations": [ { "end": 169, "tag": "Negative", "value": "FTX", "start": 166, "label": "Negative" }, { "end": 66, "tag": "Negative", "value": "FTX", "start": 63, "label": "Negative" } ] }, { "content": "The Philadelphia semiconductor index <.SOX> is dropping 2.8%, down for a second straight session. Following a hefty rebound since the start of July, the SOX remains off 24% in 2022, with many investors speculating the chip industry is heading for its first revenue downturn since 2019.", "annotations": [ { "end": 156, "tag": "Negative", "value": "SOX", "start": 153, "label": "Negative" }, { "end": 36, "tag": "Negative", "value": "Philadelphia semiconductor index", "start": 4, "label": "Negative" } ] }, { "content": "The same can be said of decisions on how to treat Chinese state-affiliated Twitter accounts, given the country\ufffd\ufffds outsized importance to Tesla\ufffd\ufffds operations. The car company\ufffd\ufffds controversial 2016 acquisition of solar panel installer SolarCity, where Musk also sat on the board, even justifies some degree of fear about a Twitter deal. Tesla shareholders can be forgiven any doom-scrolling. ", "annotations": [ { "end": 325, "tag": "Neutral", "value": "Twitter", "start": 318, "label": "Neutral" }, { "end": 141, "tag": "Neutral", "value": "Tesla", "start": 136, "label": "Neutral" }, { "end": 82, "tag": "Neutral", "value": "Twitter", "start": 75, "label": "Neutral" }, { "end": 239, "tag": "Neutral", "value": "SolarCity", "start": 230, "label": "Neutral" }, { "end": 337, "tag": "Neutral", "value": "Tesla", "start": 332, "label": "Neutral" } ] }, { "content": "Estee Lauder Cos Inc slipped 1.2% as it forecast full-year sales and profit below estimates, due to a hit from pandemic-related lockdowns in China. [nL4N2ZU23O] (Reporting by Bansari Mayur Kamdar and Devik Jain in Bengaluru; Editing by Shounak Dasgupta) ((BansariMayur.Kamdar@thomsonreuters.com))", "annotations": [ { "end": 20, "tag": "Negative", "value": "Estee Lauder Cos Inc", "start": 0, "label": "Negative" } ] }, { "content": "Even before the suit, demand for LBC was faltering. After hitting a high of $160 in 2016, LBC\ufffd\ufffds value has since fallen to about two cents.", "annotations": [ { "end": 93, "tag": "Negative", "value": "LBC", "start": 90, "label": "Negative" }, { "end": 36, "tag": "Negative", "value": "LBC", "start": 33, "label": "Negative" } ] }, { "content": "Investors also fretted about the health of major cryptocurrency exchange FTX with some questioning whether a rescue deal from bigger rival Binance would materialize, while the firm was reported to be part of a regulatory probe.", "annotations": [ { "end": 76, "tag": "Negative", "value": "FTX", "start": 73, "label": "Negative" }, { "end": 146, "tag": "Neutral", "value": "Binance", "start": 139, "label": "Neutral" } ] }, { "content": "Bank of Japan has said it would not withdraw monetary stimulus because inflation is due to soaring fuel and raw material costs blamed on Russia's invasion of Ukraine and will likely prove temporary.", "annotations": [ { "end": 13, "tag": "Neutral", "value": "Bank of Japan", "start": 0, "label": "Neutral" } ] }, { "content": "Earlier this month, Manulife reported a drop in third-quarter profit, as escalating worries of an economic downturn impaired earnings at its wealth and asset management unit. ($1 = 1.3336 Canadian dollars) (Reporting by Niket Nishant and Bhanvi Satija in Bengaluru and Divya Rajagopal in Toronto; editing by Jason Neely and Jonathan Oatis) ((Niket.Nishant@thomsonreuters.com;))", "annotations": [ { "end": 28, "tag": "Negative", "value": "Manulife", "start": 20, "label": "Negative" } ] }, { "content": "Paul Pelosi's purchases of Apple and Microsoft options in May followed a steep Wall Street selloff this year related to worries about inflation and rising interest rates. Apple and Microsoft are each up about 4% since the May 24 trades.", "annotations": [ { "end": 46, "tag": "Neutral", "value": "Microsoft", "start": 37, "label": "Neutral" }, { "end": 32, "tag": "Neutral", "value": "Apple", "start": 27, "label": "Neutral" }, { "end": 190, "tag": "Positive", "value": "Microsoft", "start": 181, "label": "Positive" }, { "end": 176, "tag": "Positive", "value": "Apple", "start": 171, "label": "Positive" } ] }, { "content": "In better news, production at Renault and Stellantis car plants is set to resume in a more normal manner than at the end of August 2021, when chip shortages led to a series of production halts, spokespersons for both companies said [nL8N2ZY3S5].", "annotations": [ { "end": 62, "tag": "Positive", "value": "Stellantis", "start": 52, "label": "Positive" }, { "end": 37, "tag": "Positive", "value": "Renault", "start": 30, "label": "Positive" } ] }, { "content": "A growing list of financial firms are looking to exit Russia, with Deutsche Bank , Goldman Sachs and JPMorgan Chase winding down business there. Others are under pressure from investors to detail their financial exposure to Russia. [nL2N2VH0B1] [nL3N2VD3DU]", "annotations": [ { "end": 132, "tag": "Neutral", "value": "JPMorgan Chase", "start": 118, "label": "Neutral" }, { "end": 106, "tag": "Neutral", "value": "Goldman Sachs", "start": 93, "label": "Neutral" }, { "end": 80, "tag": "Neutral", "value": "Deutsche Bank", "start": 67, "label": "Neutral" } ] }, { "content": "AMC Entertainment Holdings Inc tumbled 39% after the cinema chain's preferred stock listing started trading and its UK-based rival Cineworld Group warned of a possible bankruptcy filing. [nL4N2ZY27M]", "annotations": [ { "end": 154, "tag": "Negative", "value": "Cineworld Group", "start": 139, "label": "Negative" }, { "end": 30, "tag": "Negative", "value": "AMC Entertainment Holdings Inc", "start": 0, "label": "Negative" } ] }, { "content": "Noting the risk posed by U.S. sanctions, Nobitex's public terms of use recommend customers avoid the \"direct transfer\" of crypto from Nobitex to Binance and instead create multiple digital wallets to move funds in separate stages.", "annotations": [ { "end": 141, "tag": "Neutral", "value": "Nobitex", "start": 134, "label": "Neutral" }, { "end": 48, "tag": "Neutral", "value": "Nobitex", "start": 41, "label": "Neutral" }, { "end": 152, "tag": "Neutral", "value": "Binance", "start": 145, "label": "Neutral" } ] }, { "content": "Multinational companies such as Abbott Laboratories and Johnson & Johnson have been hit by the dollar's strength against a basket of currencies.", "annotations": [ { "end": 80, "tag": "Negative", "value": "Johnson & Johnson", "start": 63, "label": "Negative" }, { "end": 51, "tag": "Negative", "value": "Abbott Laboratories", "start": 32, "label": "Negative" } ] }, { "content": "Oil majors such as BP and Shell fell about 1% as crude prices continued to retreat as investors weighed the impact of interest rate hikes. [O/R]", "annotations": [ { "end": 21, "tag": "Negative", "value": "BP", "start": 19, "label": "Negative" }, { "end": 38, "tag": "Negative", "value": "Shell", "start": 33, "label": "Negative" } ] }, { "content": "Britain is closed for a holiday, though a new report from Goldman Sachs predicting the country will fall into recession in the fourth quarter will not be cheerful park bench reading for investors. ", "annotations": [ { "end": 71, "tag": "Neutral", "value": "Goldman Sachs", "start": 58, "label": "Neutral" } ] }, { "content": "Intel is sinking over 4% after Citi cut its estimates on the U.S. chipmaker for the second time in a week, spurred by what analyst Christopher Danely said were negative comments made by company executives at an investor conference.", "annotations": [ { "end": 5, "tag": "Negative", "value": "Intel", "start": 0, "label": "Negative" }, { "end": 35, "tag": "Neutral", "value": "Citi", "start": 31, "label": "Neutral" } ] }, { "content": "The sprawling Vision Fund, which upended the world of technology with its big bets on startups, will also write down its investments in troubled crypto exchange FTX to zero, a source close to SoftBank said. The source said those investments amounted to less than $100 million.", "annotations": [ { "end": 25, "tag": "Neutral", "value": "Vision Fund", "start": 14, "label": "Neutral" }, { "end": 164, "tag": "Negative", "value": "FTX", "start": 161, "label": "Negative" }, { "end": 200, "tag": "Neutral", "value": "SoftBank", "start": 192, "label": "Neutral" } ] }, { "content": "Share prices of public \ufffd\ufffdbuy-now, pay-later\ufffd\ufffd companies have been under pressure this year, with Affirm down more than 75% and Zip down 79%. Klarna's valuation plunged around 85% in July. [nL8N2YS34N] ", "annotations": [ { "end": 145, "tag": "Negative", "value": "Klarna", "start": 139, "label": "Negative" }, { "end": 128, "tag": "Negative", "value": "Zip", "start": 125, "label": "Negative" }, { "end": 101, "tag": "Negative", "value": "Affirm", "start": 95, "label": "Negative" } ] }, { "content": "\"We see recession in Europe as likely even absent big rate hikes as broad economic stress from an energy crisis bite...The European Central Bank and markets underappreciate the risk of the energy crunch causing a recession, and the ECB will eventually accept this and rethink its rate path,\" wrote strategists at BlackRock in a note.", "annotations": [ { "end": 322, "tag": "Neutral", "value": "BlackRock", "start": 313, "label": "Neutral" }, { "end": 235, "tag": "Negative", "value": "ECB", "start": 232, "label": "Negative" }, { "end": 144, "tag": "Negative", "value": "European Central Bank", "start": 123, "label": "Negative" } ] }, { "content": "Morgan Stanley cut the company to \"equal weight\" from \"overweight\" and cut target price to 11 euros from 12 euros. [nFWN31Y2NV]", "annotations": [ { "end": 14, "tag": "Neutral", "value": "Morgan Stanley", "start": 0, "label": "Neutral" } ] }, { "content": "Shares of the company fell 4.4% in extended trading. \"I think the market is extremely pessimistic about the macro factors,\" Futurum Research analyst Daniel Newman said. ", "annotations": [ { "end": 140, "tag": "Neutral", "value": "Futurum Research", "start": 124, "label": "Neutral" } ] }, { "content": "\"Some cracks are beginning to appear in the labor market,\" writes Andrew Challenger, senior vice president at CGC. \"Hiring is slowing and downsizing events are beginning to occur.\"", "annotations": [ { "end": 113, "tag": "Neutral", "value": "CGC", "start": 110, "label": "Neutral" } ] }, { "content": "On Kenya, Egypt, Tunisia and Ghana, Moody's David Rogovic said: \"These countries are the most vulnerable just because of the amount of debt coming due relative to reserves, and the fiscal challenges in terms of stabilising debt burdens.\"", "annotations": [ { "end": 41, "tag": "Neutral", "value": "Moody", "start": 36, "label": "Neutral" } ] }, { "content": "With cooler weather coming, Refinitiv projected average U.S. gas demand, including exports, would slide to 92.3 bcfd next week from 96.8 bcfd this week. The forecast for next week was lower than Refinitiv's outlook on Friday before the U.S. Labor Day holiday on Monday.", "annotations": [ { "end": 37, "tag": "Neutral", "value": "Refinitiv", "start": 28, "label": "Neutral" }, { "end": 204, "tag": "Neutral", "value": "Refinitiv", "start": 195, "label": "Neutral" } ] }, { "content": "Goldman Sachs cut its 2023 oil price forecast on Tuesday, due to expectations of weaker demand and a stronger U.S. dollar but said global supply disappointments only reinforced its long-term bullish outlook.", "annotations": [ { "end": 13, "tag": "Neutral", "value": "Goldman Sachs", "start": 0, "label": "Neutral" } ] }, { "content": "A spokeswoman for Ford, which announced a software deal with Alphabet's Google last year, declined to comment on Apple's announcement. Ford and other automakers have formed a number of alliances with big technology industry companies including Apple, Google and Amazon.com . But automakers remain wary of allowing the tech giants unfettered access to the data generated by connected cars, or to allow them to displace the automakers' brands with their own in dashboard displays.", "annotations": [ { "end": 259, "tag": "Neutral", "value": "Apple", "start": 254, "label": "Neutral" }, { "end": 88, "tag": "Neutral", "value": "Google", "start": 82, "label": "Neutral" }, { "end": 149, "tag": "Neutral", "value": "Ford", "start": 145, "label": "Neutral" }, { "end": 69, "tag": "Neutral", "value": "Alphabet", "start": 61, "label": "Neutral" }, { "end": 128, "tag": "Neutral", "value": "Apple", "start": 123, "label": "Neutral" }, { "end": 282, "tag": "Neutral", "value": "Amazon.com", "start": 272, "label": "Neutral" }, { "end": 267, "tag": "Neutral", "value": "Google", "start": 261, "label": "Neutral" }, { "end": 22, "tag": "Neutral", "value": "Ford", "start": 18, "label": "Neutral" } ] }, { "content": "Even though capital markets activity has slowed dramatically, net interest income growth is accelerating, McGratty said, adding that overall revenue growth should exceed expense growth. For the first six months, the efficiency ratio of JPMorgan leapt to 60% while Citigroup's jumped to 66%, both highest since 2014, according to earnings presentations. Analysts widely consider a range between 50% and 60% as optimal for banks, and see rising efficiency ratios as a negative sign.", "annotations": [ { "end": 286, "tag": "Positive", "value": "Citigroup", "start": 277, "label": "Positive" }, { "end": 249, "tag": "Positive", "value": "JPMorgan", "start": 241, "label": "Positive" } ] }, { "content": "\"A lot of investors were expecting inflation data to really start to come down. But what we're finding is that it's a lot more challenging, and that the inflation data is remaining elevated for longer and probably has not peaked,\" said Sam Stovall, chief investment strategist at CFRA.", "annotations": [ { "end": 284, "tag": "Neutral", "value": "CFRA", "start": 280, "label": "Neutral" } ] }, { "content": "Advertisers on Twitter, including big companies such as General Motors, Mondelez International, Volkswagen AG, have paused advertising on the platform, as they grapple with the new boss. [nL8N31Z37E]", "annotations": [ { "end": 22, "tag": "Negative", "value": "Twitter", "start": 15, "label": "Negative" }, { "end": 109, "tag": "Neutral", "value": "Volkswagen AG", "start": 96, "label": "Neutral" }, { "end": 94, "tag": "Neutral", "value": "Mondelez International", "start": 72, "label": "Neutral" }, { "end": 70, "tag": "Neutral", "value": "General Motors", "start": 56, "label": "Neutral" } ] }, { "content": "Here is a timeline of the company, which operates under the Cinema City, Picturehouse, Regal and Yes Planet brands, and its past and present struggles.", "annotations": [ { "end": 92, "tag": "Neutral", "value": "Regal", "start": 87, "label": "Neutral" }, { "end": 71, "tag": "Neutral", "value": "Cinema City", "start": 60, "label": "Neutral" }, { "end": 107, "tag": "Neutral", "value": "Yes Planet", "start": 97, "label": "Neutral" }, { "end": 85, "tag": "Neutral", "value": "Picturehouse", "start": 73, "label": "Neutral" } ] }, { "content": "Investors rushed to dump Meta Platforms Inc's stock after hours, pushing it down 20% and wiping $67 billion off its market value after the company posted its fourth straight decline in quarterly profit.", "annotations": [ { "end": 43, "tag": "Negative", "value": "Meta Platforms Inc", "start": 25, "label": "Negative" } ] }, { "content": "Other factors are motivating concerns about a potential sales slowdown. Amid scrutiny from antitrust regulators on five continents, Google is taking a smaller cut from sales of apps developed by outside software makers. ", "annotations": [ { "end": 138, "tag": "Negative", "value": "Google", "start": 132, "label": "Negative" } ] }, { "content": "Recession fears are continuing to blaze this week. On Tuesday Goldman Sachs upped the chance of a U.S. recession over the next year to 30% chance, from the previous 15%. Meanwhile Germany faces certain recession if faltering Russian gas supplies stop completely, an industry body warned on Tuesday. ", "annotations": [ { "end": 75, "tag": "Neutral", "value": "Goldman Sachs", "start": 62, "label": "Neutral" } ] }, { "content": "Devanathan's appointment comes at a time when Facebook is facing regulatory challenges in India with Prime Minister Narendra Modi's administration tightening laws governing Big Tech companies. ", "annotations": [ { "end": 54, "tag": "Negative", "value": "Facebook", "start": 46, "label": "Negative" } ] }, { "content": "Investors wiped almost 25% off Target shares on Wednesday after its profit halved as it had to discount bigger items, and Walmart has dropped more than 17% since it reported weak results early on Tuesday.", "annotations": [ { "end": 137, "tag": "Negative", "value": "Walmart", "start": 130, "label": "Negative" }, { "end": 37, "tag": "Negative", "value": "Target", "start": 31, "label": "Negative" } ] }, { "content": "Analysts are tempering their profit estimates as the earnings season starts in earnest this week, with reports from JPMorgan Chase & Co, Citigroup Inc and Wells Fargo & Co among others.[nL4N2YT25G]", "annotations": [ { "end": 135, "tag": "Neutral", "value": "JPMorgan Chase & Co", "start": 116, "label": "Neutral" }, { "end": 171, "tag": "Neutral", "value": "Wells Fargo & Co", "start": 155, "label": "Neutral" }, { "end": 150, "tag": "Neutral", "value": "Citigroup Inc", "start": 137, "label": "Neutral" } ] }, { "content": "\"The view of investors that I've been speaking to over the last day or so is that effectively the UK banks are saying there's no front book at these rates,\" John Cronin, head of financials at stockbroker Goodbody said, referring to the prices of services available to new customers.", "annotations": [ { "end": 212, "tag": "Neutral", "value": "Goodbody", "start": 204, "label": "Neutral" } ] }, { "content": "Other signatories included International Brotherhood of Teamsters, Main Street Alliance, Demand Progress Education Fund, Institute for Local Self-Reliance and Open Markets Institute. (Reporting by Diane Bartz Editing by Alistair Bell) ((Diane.Bartz@thomsonreuters.com; 1 202 898 8313;))", "annotations": [ { "end": 154, "tag": "Neutral", "value": "Institute for Local Self-Reliance", "start": 121, "label": "Neutral" }, { "end": 87, "tag": "Neutral", "value": "Main Street Alliance", "start": 67, "label": "Neutral" }, { "end": 65, "tag": "Neutral", "value": "International Brotherhood of Teamsters", "start": 27, "label": "Neutral" }, { "end": 119, "tag": "Neutral", "value": "Demand Progress Education Fund", "start": 89, "label": "Neutral" }, { "end": 181, "tag": "Neutral", "value": "Open Markets Institute", "start": 159, "label": "Neutral" } ] }, { "content": "That\ufffd\ufffds made it seem like much of the shift at the FTC has been about preventing transactions [nL4N2TZ38L] before they\ufffd\ufffdre announced, rather than after. But two vertical deals by tech giants \ufffdC Microsoft\ufffd\ufffds $69 billion purchase of gaming group Activision Blizzard and Amazon.com\ufffd\ufffds $8.5 acquisition of movie studio MGM \ufffdC are now under review. The agency\ufffd\ufffds decisions on these deals will show whether Khan is sticking to the old script, or perfecting a new one.", "annotations": [ { "end": 292, "tag": "Neutral", "value": "Amazon.com", "start": 282, "label": "Neutral" }, { "end": 53, "tag": "Neutral", "value": "FTC", "start": 50, "label": "Neutral" }, { "end": 200, "tag": "Neutral", "value": "Microsoft", "start": 191, "label": "Neutral" }, { "end": 340, "tag": "Neutral", "value": "MGM", "start": 337, "label": "Neutral" }, { "end": 268, "tag": "Neutral", "value": "Activision Blizzard", "start": 249, "label": "Neutral" } ] }, { "content": "The narrowing at the top is even more extreme. Sohn reckons there has never been a time when the top two individual weights each account for more than 6% of the index. Right now, Apple is almost 7% and Microsoft is almost 6%.", "annotations": [ { "end": 184, "tag": "Neutral", "value": "Apple", "start": 179, "label": "Neutral" }, { "end": 211, "tag": "Neutral", "value": "Microsoft", "start": 202, "label": "Neutral" } ] }, { "content": "In a further sign finance minister Jeremy Hunt was trying to restore credibility, he announced a new Economic Advisory Council consisting of four finance experts: Rupert Harrison a former chief of staff of ex-finance minister George Osborne who now works for BlackRock; former BoE member Sushil Wadhwani; another ex-BoE official Gertjan Vlieghe now at New York-based hedge fund Element Capital; and JPMorgan strategist Karen Ward. ", "annotations": [ { "end": 319, "tag": "Neutral", "value": "BoE", "start": 316, "label": "Neutral" }, { "end": 268, "tag": "Neutral", "value": "BlackRock", "start": 259, "label": "Neutral" }, { "end": 280, "tag": "Neutral", "value": "BoE", "start": 277, "label": "Neutral" }, { "end": 407, "tag": "Neutral", "value": "JPMorgan", "start": 399, "label": "Neutral" }, { "end": 126, "tag": "Neutral", "value": "Economic Advisory Council", "start": 101, "label": "Neutral" }, { "end": 393, "tag": "Neutral", "value": "Element Capital", "start": 378, "label": "Neutral" } ] }, { "content": "\"Moderating inflation is key to higher equity prices and at the moment inflation is running hot. That implies volatility will remain more the norm than the exception into year-end.\" said Terry Sandven chief equity strategist at US Bank Wealth Management in Minneapolis. ", "annotations": [ { "end": 253, "tag": "Neutral", "value": "US Bank Wealth Management", "start": 228, "label": "Neutral" } ] }, { "content": "The market mood will be tested by earnings from JPMorgan and Morgan Stanley on Thursday, with Citigroup and Wells Fargo the day after. ", "annotations": [ { "end": 103, "tag": "Neutral", "value": "Citigroup", "start": 94, "label": "Neutral" }, { "end": 119, "tag": "Neutral", "value": "Wells Fargo", "start": 108, "label": "Neutral" }, { "end": 56, "tag": "Neutral", "value": "JPMorgan", "start": 48, "label": "Neutral" }, { "end": 75, "tag": "Neutral", "value": "Morgan Stanley", "start": 61, "label": "Neutral" } ] }, { "content": "But zooming out, it might be a good idea to gear up for a broad semiconductor down cycle, says Amit Chanda, equity sector analyst at Wells Fargo Investment Institute. ", "annotations": [ { "end": 165, "tag": "Neutral", "value": "Wells Fargo Investment Institute", "start": 133, "label": "Neutral" } ] }, { "content": "The sources requested anonymity because the matter is confidential. The FTC and EnCap declined comment. EP Energy and XCL did not respond to requests for comment.", "annotations": [ { "end": 75, "tag": "Neutral", "value": "FTC", "start": 72, "label": "Neutral" }, { "end": 121, "tag": "Neutral", "value": "XCL", "start": 118, "label": "Neutral" }, { "end": 85, "tag": "Neutral", "value": "EnCap", "start": 80, "label": "Neutral" }, { "end": 113, "tag": "Neutral", "value": "EP Energy", "start": 104, "label": "Neutral" } ] }, { "content": "Goldman Sachs said last month it expects an inclusion in 2023, while a media report said JPMorgan was in talks with major investors to include India in its bonds index.", "annotations": [ { "end": 13, "tag": "Neutral", "value": "Goldman Sachs", "start": 0, "label": "Neutral" }, { "end": 97, "tag": "Neutral", "value": "JPMorgan", "start": 89, "label": "Neutral" } ] }, { "content": "The ISO projected power demand would reach 46,278 megawatts (MW) on Friday and 35,013 MW on Saturday. That compares with the preliminary record of 52,061 MW on Tuesday, which broke the prior all-time high of 50,270 MW in 2006. ", "annotations": [ { "end": 7, "tag": "Neutral", "value": "ISO", "start": 4, "label": "Neutral" } ] }, { "content": "\"You're going to see private equity M&A continue to make up a larger portion of the M&A activity overall as the dry powder to deploy remains at record levels,\" said Jim Langston, co-head of U.S. M&A at Cleary Gottlieb Steen & Hamilton LLP.", "annotations": [ { "end": 238, "tag": "Neutral", "value": "Cleary Gottlieb Steen & Hamilton LLP", "start": 202, "label": "Neutral" } ] }, { "content": "** Frontier Group Holdings Chief Executive Barry Biffle said the company's revised offer for Spirit Airlines Inc will be enough to secure a merger deal with the ultra-low-cost carrier. [nL1N2YE2IE] (Compiled by Rajarshi Roy and Rithika Krishna in Bengaluru) ((Rajarshi.Roy@thomsonreuters.com;))", "annotations": [ { "end": 121, "tag": "Neutral", "value": "Spirit Airlines Inc", "start": 102, "label": "Neutral" }, { "end": 26, "tag": "Neutral", "value": "Frontier Group Holdings", "start": 3, "label": "Neutral" } ] }, { "content": "UBS analysts say that \ufffd\ufffdthe basic reason the FOMC does not need to raise rates by 50 bps is that they can signal a higher path, tighten financial conditions further and do so in a more methodical and less disruptive way.\ufffd\ufffd", "annotations": [ { "end": 3, "tag": "Neutral", "value": "UBS", "start": 0, "label": "Neutral" }, { "end": 48, "tag": "Neutral", "value": "FOMC", "start": 44, "label": "Neutral" } ] }, { "content": "** South Africa's Telkom said on Thursday it was hoping for a final offer to buy the company from bigger rival MTN within two months, as the telecom firms continue talks on a potential deal. [nJ8N2SI00H]", "annotations": [ { "end": 123, "tag": "Neutral", "value": "MTN", "start": 120, "label": "Neutral" }, { "end": 24, "tag": "Neutral", "value": "Telkom", "start": 18, "label": "Neutral" } ] }, { "content": "Amazon agreed to pay $18 for each share of One Medical, representing a premium of 76.8% to the healthcare firm's last close. One Medical shares were trading at $17.27.", "annotations": [ { "end": 136, "tag": "Positive", "value": "One Medical", "start": 125, "label": "Positive" }, { "end": 54, "tag": "Positive", "value": "One Medical", "start": 43, "label": "Positive" }, { "end": 6, "tag": "Neutral", "value": "Amazon", "start": 0, "label": "Neutral" } ] }, { "content": "While NASA and White House officials have acknowledged the existence of contingency plans before, they have avoided discussing them in public to avoid inflaming tensions with Russia. NASA officials instead stress the close relationship they have with Russia's space agency, Roscosmos. [nS0N2X502W]", "annotations": [ { "end": 187, "tag": "Neutral", "value": "NASA", "start": 183, "label": "Neutral" }, { "end": 26, "tag": "Neutral", "value": "White House", "start": 15, "label": "Neutral" }, { "end": 283, "tag": "Neutral", "value": "Roscosmos", "start": 274, "label": "Neutral" }, { "end": 10, "tag": "Neutral", "value": "NASA", "start": 6, "label": "Neutral" } ] }, { "content": "An employee at the bailiff declined to comment when contacted by Reuters because they are not authorized to speak to parties not involved in the case. ", "annotations": [ { "end": 72, "tag": "Neutral", "value": "Reuters", "start": 65, "label": "Neutral" } ] }, { "content": "U.S. Treasury Secretary Janet Yellen said on Sunday that U.S. economic growth is slowing and she acknowledged the risk of a recession, but she said a downturn was not inevitable. [nL1N2Z50EE] ? No longer silent, Japan asset managers flex muscle in legacy to Abe", "annotations": [ { "end": 13, "tag": "Neutral", "value": "U.S. Treasury", "start": 0, "label": "Neutral" } ] }, { "content": "Maslany, though, wishes Marvel fans don't see it as \"the female superhero show\" when it begins streaming on Walt Disney Co's Disney+ on Thursday.", "annotations": [ { "end": 122, "tag": "Neutral", "value": "Walt Disney Co", "start": 108, "label": "Neutral" }, { "end": 140, "tag": "Neutral", "value": "Disney+", "start": 133, "label": "Neutral" }, { "end": 30, "tag": "Neutral", "value": "Marvel", "start": 24, "label": "Neutral" } ] }, { "content": "Musk, CEO of SpaceX, and Neuralink and Boring Company, said on Wednesday that he does not have a current plan to combine them with Twitter under one umbrella. (Reporting by Hyunjoo Jin and Peter Henderson in San Francisco and Akash Sriram in Bangalore; Editing by Sandra Maler) ((peter.henderson@thomsonreuters.com; 323 251 4827;))", "annotations": [ { "end": 53, "tag": "Neutral", "value": "Boring Company", "start": 39, "label": "Neutral" }, { "end": 34, "tag": "Neutral", "value": "Neuralink", "start": 25, "label": "Neutral" }, { "end": 138, "tag": "Neutral", "value": "Twitter", "start": 131, "label": "Neutral" }, { "end": 19, "tag": "Neutral", "value": "SpaceX", "start": 13, "label": "Neutral" } ] }, { "content": "The ISS was designed more than two decades ago to be technically interdependent between NASA and Roscosmos. NASA provides gyroscopes for the space station's balance and solar arrays for electricity, and Roscosmos controls the propulsion that keeps the football field-sized laboratory in orbit.", "annotations": [ { "end": 92, "tag": "Neutral", "value": "NASA", "start": 88, "label": "Neutral" }, { "end": 106, "tag": "Neutral", "value": "Roscosmos", "start": 97, "label": "Neutral" }, { "end": 212, "tag": "Neutral", "value": "Roscosmos", "start": 203, "label": "Neutral" }, { "end": 112, "tag": "Neutral", "value": "NASA", "start": 108, "label": "Neutral" }, { "end": 7, "tag": "Neutral", "value": "ISS", "start": 4, "label": "Neutral" } ] }, { "content": "These included executives from BAE Systems Plc , General Dynamics Corp , Lockheed Martin Corp , Huntington Ingalls Industries , L3Harris Technologies , Boeing Co , Raytheon Technologies Corp and Northrop Grumman Corp .", "annotations": [ { "end": 196, "tag": "Neutral", "value": "Boeing Co", "start": 187, "label": "Neutral" }, { "end": 265, "tag": "Neutral", "value": "Northrop Grumman Corp", "start": 244, "label": "Neutral" }, { "end": 78, "tag": "Neutral", "value": "General Dynamics Corp", "start": 57, "label": "Neutral" }, { "end": 146, "tag": "Neutral", "value": "Huntington Ingalls Industries", "start": 117, "label": "Neutral" }, { "end": 177, "tag": "Neutral", "value": "L3Harris Technologies", "start": 156, "label": "Neutral" }, { "end": 231, "tag": "Neutral", "value": "Raytheon Technologies Corp", "start": 205, "label": "Neutral" }, { "end": 46, "tag": "Neutral", "value": "BAE Systems Plc", "start": 31, "label": "Neutral" }, { "end": 107, "tag": "Neutral", "value": "Lockheed Martin Corp", "start": 87, "label": "Neutral" } ] }, { "content": "Meanwhile, shares in Credit Suisse hit a two-week low after it outlined an overhaul that plans to raise 4 billion Swiss francs ($4.06 billion) and separate out its investment bank . ($1 = 0.9859 Swiss francs)", "annotations": [ { "end": 34, "tag": "Negative", "value": "Credit Suisse", "start": 21, "label": "Negative" } ] }, { "content": "The deal with Smith Financial includes a \"go-shop\" period until Dec. 30, during which Home Capital will be allowed to seek other bids.", "annotations": [ { "end": 29, "tag": "Neutral", "value": "Smith Financial", "start": 14, "label": "Neutral" }, { "end": 98, "tag": "Neutral", "value": "Home Capital", "start": 86, "label": "Neutral" } ] }, { "content": "Board meetings on Q3 results: A2A , Atlantia , Nexi , Prysmian followed by conference call, Unipol , Arnoldo Mondadori Editore followed by conference call, Banca Ifis , Credito Emiliano , doValue , illimity Bank , Banca Monte dei Paschi di Siena , Rai Way followed by conference call, RCS MediaGroup , Seco , Tod's , UnipolSai , Webuild .", "annotations": [ { "end": 289, "tag": "Neutral", "value": "illimity Bank", "start": 276, "label": "Neutral" }, { "end": 66, "tag": "Neutral", "value": "Nexi", "start": 62, "label": "Neutral" }, { "end": 169, "tag": "Neutral", "value": "Arnoldo Mondadori Editore", "start": 144, "label": "Neutral" }, { "end": 421, "tag": "Neutral", "value": "Seco", "start": 417, "label": "Neutral" }, { "end": 332, "tag": "Neutral", "value": "Banca Monte dei Paschi di Siena", "start": 301, "label": "Neutral" }, { "end": 33, "tag": "Neutral", "value": "A2A", "start": 30, "label": "Neutral" }, { "end": 457, "tag": "Neutral", "value": "UnipolSai", "start": 448, "label": "Neutral" }, { "end": 245, "tag": "Neutral", "value": "Credito Emiliano", "start": 229, "label": "Neutral" }, { "end": 219, "tag": "Neutral", "value": "Banca Ifis", "start": 209, "label": "Neutral" }, { "end": 132, "tag": "Neutral", "value": "Unipol", "start": 126, "label": "Neutral" }, { "end": 405, "tag": "Neutral", "value": "RCS MediaGroup", "start": 391, "label": "Neutral" }, { "end": 51, "tag": "Neutral", "value": "Atlantia", "start": 43, "label": "Neutral" }, { "end": 351, "tag": "Neutral", "value": "Rai Way", "start": 344, "label": "Neutral" }, { "end": 87, "tag": "Neutral", "value": "Prysmian", "start": 79, "label": "Neutral" }, { "end": 264, "tag": "Neutral", "value": "doValue", "start": 257, "label": "Neutral" }, { "end": 437, "tag": "Neutral", "value": "Tod's", "start": 432, "label": "Neutral" }, { "end": 474, "tag": "Neutral", "value": "Webuild", "start": 467, "label": "Neutral" } ] }, { "content": "Momenta did not disclose the size of its investment in SAIC Mobility, which tapped Momenta last year to jointly develop autonomous technology. ", "annotations": [ { "end": 90, "tag": "Neutral", "value": "Momenta", "start": 83, "label": "Neutral" }, { "end": 68, "tag": "Neutral", "value": "SAIC Mobility", "start": 55, "label": "Neutral" }, { "end": 7, "tag": "Neutral", "value": "Momenta", "start": 0, "label": "Neutral" } ] }, { "content": "Other candidates include FEMSA's marquee Oxxo convenience store chain as well as its Spin fintech business, which aims to reach 10 million users by 2023.", "annotations": [ { "end": 30, "tag": "Neutral", "value": "FEMSA", "start": 25, "label": "Neutral" }, { "end": 45, "tag": "Neutral", "value": "Oxxo", "start": 41, "label": "Neutral" }, { "end": 89, "tag": "Neutral", "value": "Spin", "start": 85, "label": "Neutral" } ] }, { "content": "One way of quantifying the hit is to look at how much higher energy bills will be, based on forward gas prices. Utilities analysts at Goldman Sachs calculate customers will have to pay 1.3 trillion euros more next year than last year \ufffdC even if prices are capped at a level that stops power generators making excess profits.", "annotations": [ { "end": 147, "tag": "Neutral", "value": "Goldman Sachs", "start": 134, "label": "Neutral" } ] }, { "content": "The implied probability of departure this year is now as high as 26% and 2022 and 2023 combined are close to 80%, RBC said. ", "annotations": [ { "end": 117, "tag": "Neutral", "value": "RBC", "start": 114, "label": "Neutral" } ] }, { "content": "Musk has also secured a financing commitment from banks - including Morgan Stanley , Bank of America Corp , Mitsubishi UFJ Financial Group Inc <8306.T> and Barclays Plc - to provide a $12.5 billion margin loan to support his Twitter acquisition.", "annotations": [ { "end": 82, "tag": "Neutral", "value": "Morgan Stanley", "start": 68, "label": "Neutral" }, { "end": 155, "tag": "Neutral", "value": "Mitsubishi UFJ Financial Group Inc", "start": 121, "label": "Neutral" }, { "end": 254, "tag": "Neutral", "value": "Twitter", "start": 247, "label": "Neutral" }, { "end": 111, "tag": "Neutral", "value": "Bank of America Corp", "start": 91, "label": "Neutral" }, { "end": 181, "tag": "Neutral", "value": "Barclays Plc", "start": 169, "label": "Neutral" } ] }, { "content": "Some analysts, however, are not sure the administration will buy the argument that the acquisition would translate into lower consumer costs as JetBlue's fares are higher than Spirit's. JetBlue also has plans to remove some seats on Spirit's planes.", "annotations": [ { "end": 240, "tag": "Neutral", "value": "Spirit", "start": 234, "label": "Neutral" }, { "end": 183, "tag": "Neutral", "value": "Spirit", "start": 177, "label": "Neutral" }, { "end": 152, "tag": "Neutral", "value": "JetBlue", "start": 145, "label": "Neutral" }, { "end": 194, "tag": "Neutral", "value": "JetBlue", "start": 187, "label": "Neutral" } ] }, { "content": " The adviser to the European Court of Justice will deliver an opinion on a case concerning Italian law that taxes rental contracts overseen by Airbnb, which is seeking to annul such a tax regime on July 7. Franchise", "annotations": [ { "end": 149, "tag": "Neutral", "value": "Airbnb", "start": 143, "label": "Neutral" }, { "end": 45, "tag": "Neutral", "value": "European Court of Justice", "start": 20, "label": "Neutral" } ] }, { "content": "On its website, RCS Lab describes itself as a maker of \"lawful interception\" technologies and services including voice, data collection and \"tracking systems.\" It says it handles 10,000 intercepted targets daily in Europe alone. ", "annotations": [ { "end": 23, "tag": "Neutral", "value": "RCS Lab", "start": 16, "label": "Neutral" } ] }, { "content": "* Starwood Property Trust Inc reported quarterly adjusted earnings of 67 cents?? per share for the quarter ended in June. The mean expectation of six analysts for the quarter was for earnings of 51 cents per share.", "annotations": [ { "end": 29, "tag": "Positive", "value": "Starwood Property Trust Inc", "start": 2, "label": "Positive" } ] }, { "content": "Disney+ with ads will cost $7.99 per month, the same price the company now charges for the ad-free version, Disney said in a statement on Wednesday. The cost of Disney+ without ads will increase by $3 per month to $10.99 as of Dec. 8. ", "annotations": [ { "end": 168, "tag": "Neutral", "value": "Disney+", "start": 161, "label": "Neutral" }, { "end": 7, "tag": "Neutral", "value": "Disney+", "start": 0, "label": "Neutral" }, { "end": 114, "tag": "Neutral", "value": "Disney", "start": 108, "label": "Neutral" } ] }, { "content": "For the fiscal year, Disney reported per-share earnings of $3.53, excluding certain items, on revenues of $82.7 billion. (Reporting by Dawn Chmielewski and Lisa Richwine in Los Angeles; Editing by Richard Chang) ((Dawn.Chmielewski@thomsonreuters.com;))", "annotations": [ { "end": 27, "tag": "Neutral", "value": "Disney", "start": 21, "label": "Neutral" } ] }, { "content": "Lilac's technology uses ceramic beads to attract lithium in batch cycles, akin to a laundry machine, after which a water-and-acid mixture is used to wash off the metal.", "annotations": [ { "end": 5, "tag": "Neutral", "value": "Lilac", "start": 0, "label": "Neutral" } ] }, { "content": "The announcement comes a month after prominent activist investor Elliott Management disclosed a stake of nearly $1 billion in the company and pushed it to separate its flash and hard-drive business. Elliott owns roughly 6% in the California-based company.", "annotations": [ { "end": 83, "tag": "Neutral", "value": "Elliott Management", "start": 65, "label": "Neutral" }, { "end": 206, "tag": "Neutral", "value": "Elliott", "start": 199, "label": "Neutral" } ] }, { "content": "That does not mean the oil industry is walking away from Kersey. Several hundred feet from Chevron's plugging work, PDC Energy Inc. is drilling a new, horizontal well, which can span over 2 miles underground.", "annotations": [ { "end": 98, "tag": "Neutral", "value": "Chevron", "start": 91, "label": "Neutral" }, { "end": 130, "tag": "Neutral", "value": "PDC Energy Inc", "start": 116, "label": "Neutral" } ] }, { "content": "Companies including Netflix , Tesla Johnson & Johnson and International Business Machines are set to report this week. ", "annotations": [ { "end": 70, "tag": "Neutral", "value": "Johnson & Johnson", "start": 53, "label": "Neutral" }, { "end": 114, "tag": "Neutral", "value": "International Business Machines", "start": 83, "label": "Neutral" }, { "end": 27, "tag": "Neutral", "value": "Netflix", "start": 20, "label": "Neutral" }, { "end": 43, "tag": "Neutral", "value": "Tesla", "start": 38, "label": "Neutral" } ] }, { "content": "Rome, \"Auxiliary Corporate Governance Conference\" continues; ends on Oct. 14. On Thursday expected attendees include market regulator CONSOB Commissioner Chiara Mosca (1350 GMT).", "annotations": [ { "end": 140, "tag": "Neutral", "value": "CONSOB", "start": 134, "label": "Neutral" } ] }, { "content": " billion. ( Sept. 9, The FDA says it needs more time to decide if 2021 e-cigarette maker Juul and other major", "annotations": [ { "end": 116, "tag": "Neutral", "value": "Juul", "start": 112, "label": "Neutral" }, { "end": 42, "tag": "Neutral", "value": "FDA", "start": 39, "label": "Neutral" } ] }, { "content": "U.S. Treasury Secretary Janet Yellen met with 17 industry groups representing more than 1,000 firms in the clean energy supply chain, more than 2,000 utilities and more than 1 million American workers, a Treasury official said.", "annotations": [ { "end": 13, "tag": "Neutral", "value": "U.S. Treasury", "start": 0, "label": "Neutral" } ] }, { "content": "However, he also says that a market historian might come up with a different answer. For example, Colas says that from July 2016 to October 2018, the U.S. 10-year Treasury yield went from 1.4% to 3.2%. However, the Nasdaq Composite <.IXIC> advanced 48% during that two-year period as U.S. \ufffd\ufffdBig Tech\ufffd\ufffd hit its stride.", "annotations": [ { "end": 177, "tag": "Positive", "value": "U.S. 10-year Treasury yield", "start": 150, "label": "Positive" }, { "end": 231, "tag": "Positive", "value": "Nasdaq Composite", "start": 215, "label": "Positive" } ] }, { "content": "On returning from the annual International Monetary Fund meetings last week, Goldman Sachs strategist Kamakshya Trivedi said Britain's shock \"sucked a lot of air\" from the gathering and one focus was on whether the British experience would \"constrain other jurisdictions with limited fiscal space.\"", "annotations": [ { "end": 56, "tag": "Neutral", "value": "International Monetary Fund", "start": 29, "label": "Neutral" }, { "end": 90, "tag": "Neutral", "value": "Goldman Sachs", "start": 77, "label": "Neutral" } ] }, { "content": "Moderna's shares fell 1% to $130.98 in early trading. (Reporting by Manas Mishra and Leroy Leo in Bengaluru; Editing by Shounak Dasgupta and Sriraj Kalluvila) ((Manas.Mishra@thomsonreuters.com; www.twitter.com/Manaswrites15; within U.S. +1 646 223 8780))", "annotations": [ { "end": 7, "tag": "Negative", "value": "Moderna", "start": 0, "label": "Negative" } ] }, { "content": "\"We take note of the decision. We are still convinced our offer with MSC is the better solution,\" a Lufthansa spokesperson said, adding Italy had chosen the option that retained greater state influence. MSC declined to comment.", "annotations": [ { "end": 109, "tag": "Neutral", "value": "Lufthansa", "start": 100, "label": "Neutral" }, { "end": 72, "tag": "Neutral", "value": "MSC", "start": 69, "label": "Neutral" }, { "end": 206, "tag": "Neutral", "value": "MSC", "start": 203, "label": "Neutral" } ] }, { "content": "United Airlines' wage and fuel expense as a percentage of revenue is up by 10 points this year versus 2019. In the first six months of 2022, the company spent 59% of its revenue on wage and fuel bills. American Airlines has had similar increases.", "annotations": [ { "end": 15, "tag": "Negative", "value": "United Airlines", "start": 0, "label": "Negative" }, { "end": 227, "tag": "Negative", "value": "American Airlines", "start": 210, "label": "Negative" } ] }, { "content": "In case the deal is terminated, Amazon would be required to pay iRobot $94 million in termination fee. On completion of the deal, Colin Angle will remain as the chief executive of iRobot.", "annotations": [ { "end": 38, "tag": "Negative", "value": "Amazon", "start": 32, "label": "Negative" }, { "end": 70, "tag": "Positive", "value": "iRobot", "start": 64, "label": "Positive" }, { "end": 186, "tag": "Neutral", "value": "iRobot", "start": 180, "label": "Neutral" } ] }, { "content": "ARK Invest is Teladoc's largest shareholder, with 19.5 million shares worth about $1.1 billion. The holding is also ARK Innovation ETF's third biggest after Tesla Inc and Zoom Video Communications Inc , with a weightage of 6.8%.", "annotations": [ { "end": 218, "tag": "Neutral", "value": "Zoom Video Communications Inc", "start": 189, "label": "Neutral" }, { "end": 175, "tag": "Neutral", "value": "Tesla Inc", "start": 166, "label": "Neutral" }, { "end": 10, "tag": "Neutral", "value": "ARK Invest", "start": 0, "label": "Neutral" }, { "end": 21, "tag": "Neutral", "value": "Teladoc", "start": 14, "label": "Neutral" }, { "end": 134, "tag": "Neutral", "value": "ARK Innovation ETF", "start": 116, "label": "Neutral" } ] }, { "content": "MEDIFOX, owned by private-equity firm Hg, is a provider of software to more than 6,000 ambulatory care services, care homes and therapists in Germany, according to the latter's website.", "annotations": [ { "end": 40, "tag": "Neutral", "value": "Hg", "start": 38, "label": "Neutral" }, { "end": 7, "tag": "Neutral", "value": "MEDIFOX", "start": 0, "label": "Neutral" } ] }, { "content": "Ordinarily, the gap between starts and permits often points to a backlog. But that might not be the case this go-around, writes Nancy Vanden Houten, lead U.S. economist at Oxford Economics.", "annotations": [ { "end": 188, "tag": "Neutral", "value": "Oxford Economics", "start": 172, "label": "Neutral" } ] }, { "content": "Data provider Refinitiv forecasted 76 cooling degree days (CDDs) over the next fortnight, down from their estimate of 88 CDDs on Friday. CDDs, used to estimate demand to cool homes and businesses, measure the number of degrees a day's average temperature is above 65 Fahrenheit (18 Celsius).", "annotations": [ { "end": 23, "tag": "Neutral", "value": "Refinitiv", "start": 14, "label": "Neutral" } ] }, { "content": "Moderna is not seeking to remove Pfizer\ufffd\ufffds vaccine from the market. The firm is also not seeking damages for sales occurring before March 8, 2022. And it is not looking for damages for sales of Pfizer\ufffd\ufffds vaccine in 92 poor and middle-income countries, or sales where the U.S. government would be responsible for any damages.", "annotations": [ { "end": 199, "tag": "Neutral", "value": "Pfizer", "start": 193, "label": "Neutral" }, { "end": 7, "tag": "Neutral", "value": "Moderna", "start": 0, "label": "Neutral" }, { "end": 39, "tag": "Neutral", "value": "Pfizer", "start": 33, "label": "Neutral" } ] }, { "content": "Litigating in other courts creates a huge variety of outcomes. Some plaintiffs will hit home runs and win large verdicts, while \"most people won't even get a turn at bat,\" with some dying before their cases go to trial, LTL attorney Neal Katyal said.", "annotations": [ { "end": 223, "tag": "Neutral", "value": "LTL", "start": 220, "label": "Neutral" } ] }, { "content": "The former PepsiCo and Walmart Inc executive also led the company though the exit of its Canadian operations and the sale of its pharmacy business to CVS Heath Corp in 2015.", "annotations": [ { "end": 18, "tag": "Neutral", "value": "PepsiCo", "start": 11, "label": "Neutral" }, { "end": 42, "tag": "Neutral", "value": "Walmart Inc", "start": 31, "label": "Neutral" }, { "end": 180, "tag": "Neutral", "value": "CVS Heath Corp", "start": 166, "label": "Neutral" } ] }, { "content": "Deutsche Bank is providing an independent assessment of a potential combination, according to one person with knowledge of the discussions. Separately, the German lender is working as an underwriter of Credit Suisse's capital increase.", "annotations": [ { "end": 226, "tag": "Neutral", "value": "Credit Suisse", "start": 213, "label": "Neutral" }, { "end": 13, "tag": "Neutral", "value": "Deutsche Bank", "start": 0, "label": "Neutral" } ] }, { "content": "Heavyweight stocks including Apple Inc Microsoft Corp , Amazon.com Inc and Meta Platforms Inc rose between 0.4% and 0.7%. ", "annotations": [ { "end": 87, "tag": "Positive", "value": "Amazon.com Inc", "start": 73, "label": "Positive" }, { "end": 119, "tag": "Positive", "value": "Meta Platforms Inc", "start": 101, "label": "Positive" }, { "end": 38, "tag": "Positive", "value": "Apple Inc", "start": 29, "label": "Positive" }, { "end": 62, "tag": "Positive", "value": "Microsoft Corp", "start": 48, "label": "Positive" } ] }, { "content": "But at the same time, Alphabet is moving forward with expanding its cloud computing footprint, building out new offices and bringing its Google Fiber internet service to new communities.", "annotations": [ { "end": 149, "tag": "Positive", "value": "Google Fiber", "start": 137, "label": "Positive" }, { "end": 30, "tag": "Positive", "value": "Alphabet", "start": 22, "label": "Positive" } ] }, { "content": "Exxon, Hess and Repsol declined to comment on commercial agreements. Guyana's energy ministry, Eni and BP did not immediately reply to requests for comment. ", "annotations": [ { "end": 22, "tag": "Neutral", "value": "Repsol", "start": 16, "label": "Neutral" }, { "end": 98, "tag": "Neutral", "value": "Eni", "start": 95, "label": "Neutral" }, { "end": 11, "tag": "Neutral", "value": "Hess", "start": 7, "label": "Neutral" }, { "end": 5, "tag": "Neutral", "value": "Exxon", "start": 0, "label": "Neutral" }, { "end": 105, "tag": "Neutral", "value": "BP", "start": 103, "label": "Neutral" } ] }, { "content": "In Aug. 29 letters to the three companies seen by Reuters, the pension officials wrote such codes would help financial firms meet obligations to report suspicious purchases, and noted the four-digit codes are already assigned to specialized businesses like bowling alleys. ", "annotations": [ { "end": 57, "tag": "Neutral", "value": "Reuters", "start": 50, "label": "Neutral" } ] }, { "content": "At 06:47 a.m. ET, Dow e-minis <1YMcv1> were up 70 points, or 0.21%, S&P 500 e-minis were up 9.25 points, or 0.22%, and Nasdaq 100 e-minis were up 31.25 points, or 0.24%.", "annotations": [ { "end": 83, "tag": "Positive", "value": "S&P 500 e-minis", "start": 68, "label": "Positive" }, { "end": 29, "tag": "Positive", "value": "Dow e-minis", "start": 18, "label": "Positive" }, { "end": 145, "tag": "Positive", "value": "Nasdaq 100 e-minis", "start": 127, "label": "Positive" } ] }, { "content": "Brent crude futures rose 60 cents, or 0.7%, to $91.95 a barrel by 0330 GMT after settling up 0.5% on Friday. U.S. West Texas Intermediate crude was at $85.50 a barrel, up 39 cents, or 0.5%. The front-month contract expires on Tuesday. ", "annotations": [ { "end": 151, "tag": "Positive", "value": "U.S. West Texas Intermediate crude", "start": 117, "label": "Positive" }, { "end": 19, "tag": "Positive", "value": "Brent crude futures", "start": 0, "label": "Positive" } ] }, { "content": "A group of 25 drilling and pipeline industry groups including the American Petroleum Institute and the Independent Petroleum Association of America sent a letter to Biden on Thursday urging him to visit America's vast energy sources ahead of a July trip to Saudi Arabia, where the president is expected to encourage the oil-rich country to boost production.", "annotations": [ { "end": 147, "tag": "Neutral", "value": "Independent Petroleum Association of America", "start": 103, "label": "Neutral" }, { "end": 94, "tag": "Neutral", "value": "American Petroleum Institute", "start": 66, "label": "Neutral" } ] }, { "content": "For months, markets have focused on how fast central banks have been moving to curb inflation. Investors now expect the Federal Reserve to raise interest rates by 50 basis points next week, especially if U.S. consumer price data on Friday confirms elevated inflation. ", "annotations": [ { "end": 135, "tag": "Neutral", "value": "Federal Reserve", "start": 120, "label": "Neutral" } ] }, { "content": "Brookfield Renewable and its partners will pay about $2.3 billion for the deal, whereas Cameco will incur equity costs of about $2.2 billion. Westinghouse's existing debt structure will remain in place. ", "annotations": [ { "end": 94, "tag": "Neutral", "value": "Cameco", "start": 88, "label": "Neutral" }, { "end": 20, "tag": "Neutral", "value": "Brookfield Renewable", "start": 0, "label": "Neutral" }, { "end": 154, "tag": "Neutral", "value": "Westinghouse", "start": 142, "label": "Neutral" } ] }, { "content": "Somalia 286,650 May 25 Pfizer/BioNTech 16 million 1.7 million South Africa 5.6 million July 31 Pfizer/BioNTech 59 million 5.6 million South Sudan 949,500 April 5 N/A 11 million 1.9 million", "annotations": [ { "end": 148, "tag": "Neutral", "value": "Pfizer", "start": 142, "label": "Neutral" }, { "end": 157, "tag": "Neutral", "value": "BioNTech", "start": 149, "label": "Neutral" }, { "end": 52, "tag": "Neutral", "value": "Pfizer", "start": 46, "label": "Neutral" }, { "end": 61, "tag": "Neutral", "value": "BioNTech", "start": 53, "label": "Neutral" } ] }, { "content": "Board meetings on Q3 results: Amplifon followed by conference call (afternoon), Italgas (press release on Oct. 27), Moncler followed by conference call, Saipem (press release on Oct. 27), Edison .", "annotations": [ { "end": 187, "tag": "Neutral", "value": "Saipem", "start": 181, "label": "Neutral" }, { "end": 141, "tag": "Neutral", "value": "Moncler", "start": 134, "label": "Neutral" }, { "end": 97, "tag": "Neutral", "value": "Italgas", "start": 90, "label": "Neutral" }, { "end": 232, "tag": "Neutral", "value": "Edison", "start": 226, "label": "Neutral" }, { "end": 38, "tag": "Neutral", "value": "Amplifon", "start": 30, "label": "Neutral" } ] }, { "content": "\"It's important to remember the lesson we all learned years ago, and that's don't fight the Fed,\" said Oliver Pursche, senior vice president at Wealthspire Advisors in New York. \"And the Fed is telling us that they're laser-focused on inflation.\"", "annotations": [ { "end": 190, "tag": "Neutral", "value": "Fed", "start": 187, "label": "Neutral" }, { "end": 164, "tag": "Neutral", "value": "Wealthspire Advisors", "start": 144, "label": "Neutral" }, { "end": 95, "tag": "Neutral", "value": "Fed", "start": 92, "label": "Neutral" } ] }, { "content": "Honeywell's collaboration with Supernal is its first with an air taxi firm established by an automaker. The company, which is a big supplier to Boeing Co and Airbus SE , also has investments in other eVTOL firms - Lilium, Vertical Aerospace and Volocopter.", "annotations": [ { "end": 235, "tag": "Neutral", "value": "Lilium", "start": 229, "label": "Neutral" }, { "end": 39, "tag": "Neutral", "value": "Supernal", "start": 31, "label": "Neutral" }, { "end": 153, "tag": "Neutral", "value": "Boeing Co", "start": 144, "label": "Neutral" }, { "end": 270, "tag": "Neutral", "value": "Volocopter", "start": 260, "label": "Neutral" }, { "end": 9, "tag": "Neutral", "value": "Honeywell", "start": 0, "label": "Neutral" }, { "end": 174, "tag": "Neutral", "value": "Airbus SE", "start": 165, "label": "Neutral" }, { "end": 255, "tag": "Neutral", "value": "Vertical Aerospace", "start": 237, "label": "Neutral" } ] }, { "content": "\"PMI is the bidder that can afford to pay the most, since they have very little overlap with Swedish Match today,\" he said. \"All other industrial buyers would run into all kinds of divestment troubles.\" ", "annotations": [ { "end": 106, "tag": "Neutral", "value": "Swedish Match", "start": 93, "label": "Neutral" }, { "end": 4, "tag": "Neutral", "value": "PMI", "start": 1, "label": "Neutral" } ] }, { "content": "In the 12 months to the end of June, BlackRock said in a report it had supported 71 of the 321 environmental or social (E&S) shareholder resolutions filed globally, excluding Japan, or 22% of the total. Average market-wide support was 26%, it said.", "annotations": [ { "end": 46, "tag": "Neutral", "value": "BlackRock", "start": 37, "label": "Neutral" } ] }, { "content": "\"Inflation, divergent economic growth and monetary policy, and of course geopolitical risks -- U.S. tensions with Russia and China -- all have the potential to increase volatility but more importantly to generate cross-asset trends that are ripe for macro trading,\" Wells Fargo's Justin Lenarcic wrote in a note on Monday. ", "annotations": [ { "end": 277, "tag": "Neutral", "value": "Wells Fargo", "start": 266, "label": "Neutral" } ] }, { "content": "Mike Santomassimo, chief financial officer at Wells Fargo & Co , the fourth-largest U.S. bank, noted that credit spreads had been widening and \"that's an area to watch to see if there are any cracks that start to emerge\". ", "annotations": [ { "end": 62, "tag": "Neutral", "value": "Wells Fargo & Co", "start": 46, "label": "Neutral" } ] }, { "content": "In November, the FAA told Boeing some appointees performing work for FAA did not have required expertise and were not meeting FAA expectations.", "annotations": [ { "end": 72, "tag": "Neutral", "value": "FAA", "start": 69, "label": "Neutral" }, { "end": 20, "tag": "Neutral", "value": "FAA", "start": 17, "label": "Neutral" }, { "end": 129, "tag": "Neutral", "value": "FAA", "start": 126, "label": "Neutral" }, { "end": 32, "tag": "Negative", "value": "Boeing", "start": 26, "label": "Negative" } ] }, { "content": "Many of the biggest Wall Street banks, led by Morgan Stanley , Bank of America Corp and Barclays Plc , committed to providing $25.5 billion in debt, some of it secured against Twitter and some of it tied to Musk's Tesla stock. Musk himself committed another $21 billion in cash.", "annotations": [ { "end": 205, "tag": "Neutral", "value": "Twitter", "start": 198, "label": "Neutral" }, { "end": 89, "tag": "Neutral", "value": "Bank of America Corp", "start": 69, "label": "Neutral" }, { "end": 241, "tag": "Neutral", "value": "Tesla", "start": 236, "label": "Neutral" }, { "end": 60, "tag": "Neutral", "value": "Morgan Stanley", "start": 46, "label": "Neutral" }, { "end": 114, "tag": "Neutral", "value": "Barclays Plc", "start": 102, "label": "Neutral" } ] }, { "content": "At GNL, Blackwells hopes to replace directors James Nelson and Edward Weil. Nelson is GNL's chief executive while Weil is CEO of AR Global. At Necessity Retail, Blackwells is also targeting Weil, who is board chair there, and Stanley Perla.", "annotations": [ { "end": 138, "tag": "Neutral", "value": "AR Global", "start": 129, "label": "Neutral" }, { "end": 6, "tag": "Neutral", "value": "GNL", "start": 3, "label": "Neutral" }, { "end": 171, "tag": "Neutral", "value": "Blackwells", "start": 161, "label": "Neutral" }, { "end": 18, "tag": "Neutral", "value": "Blackwells", "start": 8, "label": "Neutral" }, { "end": 89, "tag": "Neutral", "value": "GNL", "start": 86, "label": "Neutral" }, { "end": 159, "tag": "Neutral", "value": "Necessity Retail", "start": 143, "label": "Neutral" } ] }, { "content": "Rivian's market capitalization dropped more than $2 billion to $31.1 billion in a single day, compared with automakers such as Ford Motor Co and General Motors Co , which are valued at $45.67 billion and $47.08 billion, respectively.", "annotations": [ { "end": 140, "tag": "Neutral", "value": "Ford Motor Co", "start": 127, "label": "Neutral" }, { "end": 168, "tag": "Neutral", "value": "General Motors Co", "start": 151, "label": "Neutral" }, { "end": 6, "tag": "Negative", "value": "Rivian", "start": 0, "label": "Negative" } ] }, { "content": "- The deal will likely be structured as a cash and stock offer, according to the Wall Street Journal. VMware\ufffd\ufffds market capitalization at close of trading on May 20, prior to the news, was $40.3 billion, while Broadcom\ufffd\ufffds was $222 billion.", "annotations": [ { "end": 216, "tag": "Neutral", "value": "Broadcom", "start": 208, "label": "Neutral" }, { "end": 108, "tag": "Neutral", "value": "VMware", "start": 102, "label": "Neutral" }, { "end": 100, "tag": "Neutral", "value": "Wall Street Journal", "start": 81, "label": "Neutral" } ] }, { "content": "CONTEXT NEWS Italy\ufffd\ufffds UniCredit on Sept. 5 unveiled a set of measures to support businesses and households battling with record energy and commodity prices. ", "annotations": [ { "end": 30, "tag": "Neutral", "value": "UniCredit", "start": 21, "label": "Neutral" } ] }, { "content": "\"The pound rally yesterday has fully reversed as investors conclude the resignation of Liz Truss as prime minister does not necessarily mean political uncertainty will be removed,\" noted MUFG head of global markets research for EMEA Derek Halpenny.", "annotations": [ { "end": 191, "tag": "Neutral", "value": "MUFG", "start": 187, "label": "Neutral" } ] }, { "content": "\"Our active colleagues, who have been fighting for years for a collective pay agreement with Amazon, deserve our respect for the courage they keep showing in this confrontation with the employer,\" said Verdi official Stefanie Nutzenberger.", "annotations": [ { "end": 99, "tag": "Neutral", "value": "Amazon", "start": 93, "label": "Neutral" }, { "end": 207, "tag": "Neutral", "value": "Verdi", "start": 202, "label": "Neutral" } ] }, { "content": "By 1340 GMT on Thursday, the two-day rout had wiped as much as $46 billion off the market values of GSK, Haleon and Sanofi combined. ", "annotations": [ { "end": 122, "tag": "Negative", "value": "Sanofi", "start": 116, "label": "Negative" }, { "end": 111, "tag": "Negative", "value": "Haleon", "start": 105, "label": "Negative" }, { "end": 103, "tag": "Negative", "value": "GSK", "start": 100, "label": "Negative" } ] }, { "content": "Quarterly reports from Amazon and Apple due on Thursday will provide further detail on how companies are faring and framing their outlooks. ", "annotations": [ { "end": 48, "tag": "Neutral", "value": "Apple", "start": 43, "label": "Neutral" }, { "end": 29, "tag": "Neutral", "value": "Amazon", "start": 23, "label": "Neutral" } ] }, { "content": "That partnership, announced in July 2020, allows the carriers to sell each other's flights and link frequent flyer programs, a move aimed at helping them compete with United Airlines and Delta Air Lines in the Northeast.", "annotations": [ { "end": 210, "tag": "Neutral", "value": "Delta Air Lines", "start": 195, "label": "Neutral" }, { "end": 182, "tag": "Neutral", "value": "United Airlines", "start": 167, "label": "Neutral" } ] }, { "content": "\"It's one of those strange quasi-holidays where stock markets are open, but bond markets are closed. We really have little or no economic data and no real hard catalyst for the markets today,\" said Art Hogan, chief market strategist at B. Riley Wealth.", "annotations": [ { "end": 251, "tag": "Neutral", "value": "B. Riley Wealth", "start": 236, "label": "Neutral" } ] }, { "content": "A survey by industry group Make UK of 132 companies, conducted just before Russia's invasion of Ukraine, showed that over two-fifths had increased their British supply base, with almost a fifth describing it as a \"significant re-routing\". ", "annotations": [ { "end": 34, "tag": "Neutral", "value": "Make UK", "start": 27, "label": "Neutral" } ] }, { "content": "United Shipbuilding is clearly described as an Extreme customer in email correspondence. In April 2020, an intermediary contacted Extreme's office in Moscow to submit the plan the intermediary had sketched out to modernize United Shipbuilding's data center.", "annotations": [ { "end": 19, "tag": "Neutral", "value": "United Shipbuilding", "start": 0, "label": "Neutral" }, { "end": 137, "tag": "Neutral", "value": "Extreme", "start": 130, "label": "Neutral" }, { "end": 242, "tag": "Neutral", "value": "United Shipbuilding", "start": 223, "label": "Neutral" }, { "end": 54, "tag": "Neutral", "value": "Extreme", "start": 47, "label": "Neutral" } ] }, { "content": "Board meetings on Q3 results: Amplifon followed by conference call (afternoon), Italgas (press release on Oct. 27), Moncler followed by conference call, Saipem (press release on Oct. 27), STMicroelectronics (press release on Oct. 27), Edison .", "annotations": [ { "end": 244, "tag": "Neutral", "value": "STMicroelectronics", "start": 226, "label": "Neutral" }, { "end": 288, "tag": "Neutral", "value": "Edison", "start": 282, "label": "Neutral" }, { "end": 97, "tag": "Neutral", "value": "Italgas", "start": 90, "label": "Neutral" }, { "end": 187, "tag": "Neutral", "value": "Saipem", "start": 181, "label": "Neutral" }, { "end": 141, "tag": "Neutral", "value": "Moncler", "start": 134, "label": "Neutral" }, { "end": 38, "tag": "Neutral", "value": "Amplifon", "start": 30, "label": "Neutral" } ] }, { "content": "\"We will follow the government's guidance, which has been for decades to work with China,\" said Bank of America Chief Executive Officer Brian Moynihan. \"If they change that position, we will immediately change it, as we did in Russia.\" ", "annotations": [ { "end": 111, "tag": "Neutral", "value": "Bank of America", "start": 96, "label": "Neutral" } ] }, { "content": "\"We've seen a global repricing and it's generally been supported by an acceleration of expected tightening due to inflation concerns,\" said Jonathan Cohn, head of rates trading strategy at Credit Suisse in New York.", "annotations": [ { "end": 202, "tag": "Neutral", "value": "Credit Suisse", "start": 189, "label": "Neutral" } ] }, { "content": "Richard Aboulafia, U.S.-based managing director of AeroDynamic Advisory, said the plane seems like a relic of a bygone era of increasing integration between China and the West.", "annotations": [ { "end": 71, "tag": "Neutral", "value": "AeroDynamic Advisory", "start": 51, "label": "Neutral" } ] }, { "content": "Cariplo and Compagnia di San Paolo could each offer 10-15 million euros, Fondazione Crt, whose board will meet on Tuesday, could chip in 7 million euros, Fondazione CRC 3 million euros, Corriere said, adding that decisions are expected between Tuesday and Wednesday.", "annotations": [ { "end": 34, "tag": "Neutral", "value": "Compagnia di San Paolo", "start": 12, "label": "Neutral" }, { "end": 168, "tag": "Neutral", "value": "Fondazione CRC", "start": 154, "label": "Neutral" }, { "end": 87, "tag": "Neutral", "value": "Fondazione Crt", "start": 73, "label": "Neutral" }, { "end": 7, "tag": "Neutral", "value": "Cariplo", "start": 0, "label": "Neutral" } ] }, { "content": "\"A lot of down trees, a lot of flooding everywhere. We are trying to get a hold of my daughter,\" said Terri Byrd, as she tried to get cell service in a Walmart parking lot after spending the night at a Venice elementary school.", "annotations": [ { "end": 159, "tag": "Neutral", "value": "Walmart", "start": 152, "label": "Neutral" } ] }, { "content": "Chevron and Suncor own about 27% and 20% respectively of Hibernia, with smaller stakes held by Murphy Oil and Equinor ASA . (Reporting by Rod Nickel in Winnipeg; editing by Grant McCool) ((rod.nickel@tr.com; Twitter: @RodNickel_Rtrs; 1-204-230-6043;))", "annotations": [ { "end": 18, "tag": "Neutral", "value": "Suncor", "start": 12, "label": "Neutral" }, { "end": 65, "tag": "Neutral", "value": "Hibernia", "start": 57, "label": "Neutral" }, { "end": 7, "tag": "Neutral", "value": "Chevron", "start": 0, "label": "Neutral" }, { "end": 129, "tag": "Neutral", "value": "Equinor ASA", "start": 118, "label": "Neutral" }, { "end": 105, "tag": "Neutral", "value": "Murphy Oil", "start": 95, "label": "Neutral" } ] }, { "content": "Potential exceptions include Italy where debt is already over 140% of GDP, although S&P expects the ECB to prevent Rome's borrowing costs rising as much as 300 basis points.", "annotations": [ { "end": 103, "tag": "Neutral", "value": "ECB", "start": 100, "label": "Neutral" }, { "end": 87, "tag": "Neutral", "value": "S&P", "start": 84, "label": "Neutral" } ] }, { "content": "** S&P Global Inc plans to sell its engineering solutions business and has confidentially engaged with several prospective buyers, the market intelligence and ratings agency said. [nL4N32Q38S]", "annotations": [ { "end": 17, "tag": "Neutral", "value": "S&P Global Inc", "start": 3, "label": "Neutral" } ] }, { "content": "Other airlines such as American Airlines Group Inc , United Airlines Holdings Inc and Southwest Airlines Co gained between 3.4% and 4.5%.", "annotations": [ { "end": 122, "tag": "Positive", "value": "Southwest Airlines Co", "start": 101, "label": "Positive" }, { "end": 50, "tag": "Positive", "value": "American Airlines Group Inc", "start": 23, "label": "Positive" }, { "end": 88, "tag": "Positive", "value": "United Airlines Holdings Inc", "start": 60, "label": "Positive" } ] }, { "content": "The total levied is higher than the previous year's $3.9 billion the SEC obtained from 697 actions and than 2020's record of $4.7 billion across 715 cases, according to a review of SEC's previous enforcement results.", "annotations": [ { "end": 184, "tag": "Neutral", "value": "SEC", "start": 181, "label": "Neutral" }, { "end": 72, "tag": "Neutral", "value": "SEC", "start": 69, "label": "Neutral" } ] }, { "content": "The board of Capricorn Energy Plc is considering alternatives to a takeover proposal from Tullow Oil Plc , the company said . ", "annotations": [ { "end": 33, "tag": "Neutral", "value": "Capricorn Energy Plc", "start": 13, "label": "Neutral" }, { "end": 112, "tag": "Neutral", "value": "Tullow Oil Plc", "start": 98, "label": "Neutral" } ] }, { "content": "The new market-making service extends to nearly 40 popular stocks such as Tesla , Alphabet , and Apple , and funds tracking the S&P 500 and Nasdaq , Phillip said, adding that the service was launched in response to demand from customers.", "annotations": [ { "end": 118, "tag": "Neutral", "value": "Apple", "start": 113, "label": "Neutral" }, { "end": 178, "tag": "Neutral", "value": "Nasdaq", "start": 172, "label": "Neutral" }, { "end": 159, "tag": "Neutral", "value": "S&P 500", "start": 152, "label": "Neutral" }, { "end": 98, "tag": "Neutral", "value": "Alphabet", "start": 90, "label": "Neutral" }, { "end": 79, "tag": "Neutral", "value": "Tesla", "start": 74, "label": "Neutral" } ] }, { "content": "The jury is still out on whether the new ADP report, now jointly developed with the Stanford Digital Economy Lab, will be a useful labor market guide. ", "annotations": [ { "end": 112, "tag": "Neutral", "value": "Stanford Digital Economy Lab", "start": 84, "label": "Neutral" } ] }, { "content": "A raft of financial reports over the coming days will provide some much needed visibility on the health of corporate earnings amid soaring inflation and an economic slow-down on the continent. Among the companies set to report earnings are Swedbank, Volvo Car, ASM International and Ocado.", "annotations": [ { "end": 278, "tag": "Neutral", "value": "ASM International", "start": 261, "label": "Neutral" }, { "end": 248, "tag": "Neutral", "value": "Swedbank", "start": 240, "label": "Neutral" }, { "end": 288, "tag": "Neutral", "value": "Ocado", "start": 283, "label": "Neutral" }, { "end": 259, "tag": "Neutral", "value": "Volvo Car", "start": 250, "label": "Neutral" } ] }, { "content": "In the event the IXIC tests, or violates its March 2022 lows, traders will be watching to see if the daily RSI, which ended Friday at roughly 30.00, can stabilize ahead of its late-January low at 16.599.", "annotations": [ { "end": 21, "tag": "Neutral", "value": "IXIC", "start": 17, "label": "Neutral" } ] }, { "content": "For none of the metrics listed above are we at a level consistent with a market trough, based on the assessment by the GS strategists.", "annotations": [ { "end": 121, "tag": "Neutral", "value": "GS", "start": 119, "label": "Neutral" } ] }, { "content": "\"This only encourages the striking workers, who are more united than ever\", a CGT official at TotalEnergies' Feyzin refinery said of the company's conditional offer.", "annotations": [ { "end": 107, "tag": "Negative", "value": "TotalEnergies", "start": 94, "label": "Negative" } ] }, { "content": "Since the sale of arms by U.S. contractors to foreign governments requires U.S. approval, the Pentagon's Defense Security Cooperation Administration is having weekly meetings of its European Crisis Management Team to review specific requests related to the current situation in Ukraine, a source said. ", "annotations": [ { "end": 213, "tag": "Neutral", "value": "European Crisis Management Team", "start": 182, "label": "Neutral" }, { "end": 148, "tag": "Neutral", "value": "Pentagon's Defense Security Cooperation Administration", "start": 94, "label": "Neutral" } ] }, { "content": "Ford and VW each hold around 39% of Argo, with Lyft Inc owning about 2% and the rest held by Argo's founders and employees.", "annotations": [ { "end": 4, "tag": "Neutral", "value": "Ford", "start": 0, "label": "Neutral" }, { "end": 11, "tag": "Neutral", "value": "VW", "start": 9, "label": "Neutral" }, { "end": 40, "tag": "Neutral", "value": "Argo", "start": 36, "label": "Neutral" }, { "end": 55, "tag": "Neutral", "value": "Lyft Inc", "start": 47, "label": "Neutral" }, { "end": 106, "tag": "Neutral", "value": "Argo", "start": 102, "label": "Neutral" } ] }, { "content": "\"The only way intervention works is if it is backed up by change in monetary policy, AMP Capital's Oliver said. \"Unless you get BOJ onside to tighten monetary policy at the same time as the intervention it's not going to make much of a difference.\" ", "annotations": [ { "end": 96, "tag": "Neutral", "value": "AMP Capital", "start": 85, "label": "Neutral" }, { "end": 131, "tag": "Neutral", "value": "BOJ", "start": 128, "label": "Neutral" } ] }, { "content": "Board meetings on Q3 results: Amplifon followed by conference call (afternoon), Italgas (press release on Oct. 27), Moncler followed by conference call, Saipem (press release on Oct. 27), Edison .", "annotations": [ { "end": 187, "tag": "Neutral", "value": "Saipem", "start": 181, "label": "Neutral" }, { "end": 38, "tag": "Neutral", "value": "Amplifon", "start": 30, "label": "Neutral" }, { "end": 97, "tag": "Neutral", "value": "Italgas", "start": 90, "label": "Neutral" }, { "end": 141, "tag": "Neutral", "value": "Moncler", "start": 134, "label": "Neutral" }, { "end": 232, "tag": "Neutral", "value": "Edison", "start": 226, "label": "Neutral" } ] }, { "content": " Abbott has said there is no evidence to link its formulas to the illnesses, while the FDA's inspection found bacteria in environmental testing and not in the product samples.", "annotations": [ { "end": 7, "tag": "Neutral", "value": "Abbott", "start": 1, "label": "Neutral" }, { "end": 90, "tag": "Neutral", "value": "FDA", "start": 87, "label": "Neutral" } ] }, { "content": "** Private equity firm Advent International Corp has acquired a 25% stake in Brazilian construction materials manufacturer Tigre Group for 1.35 billion reais ($262 million), both companies said, eyeing an expected infrastructure boom in the U.S. and Brazil. ", "annotations": [ { "end": 134, "tag": "Positive", "value": "Tigre Group", "start": 123, "label": "Positive" }, { "end": 48, "tag": "Positive", "value": "Advent International Corp", "start": 23, "label": "Positive" } ] }, { "content": "Twitter declined to comment on internal discussions and its sales performance in China. A spokesperson said the company has never hidden the fact that it does business with Chinese commercial entities.", "annotations": [ { "end": 7, "tag": "Neutral", "value": "Twitter", "start": 0, "label": "Neutral" } ] }, { "content": "The tightening cycle indeed is clearly on the top news: nine sources familiar with ECB thinking told Reuters that policymakers are keen to end their bond purchase scheme at the earliest possible moment and raise interest rates as soon as July but certainly no later than September. [nL2N2WM01N] ", "annotations": [ { "end": 86, "tag": "Neutral", "value": "ECB", "start": 83, "label": "Neutral" }, { "end": 108, "tag": "Neutral", "value": "Reuters", "start": 101, "label": "Neutral" } ] }, { "content": "Ooredoo is looking to sell towers in the Gulf region and other markets including Iraq and Algeria through a sale-and-leaseback arrangement, the sources said.", "annotations": [ { "end": 7, "tag": "Neutral", "value": "Ooredoo", "start": 0, "label": "Neutral" } ] }, { "content": "Included in the sale are the Silvertip Pipeline, Exxon's interest in the Yellowstone Pipeline and Yellowstone Energy LP and its interests in products terminals in Montana and Washington.", "annotations": [ { "end": 54, "tag": "Neutral", "value": "Exxon", "start": 49, "label": "Neutral" }, { "end": 119, "tag": "Neutral", "value": "Yellowstone Energy LP", "start": 98, "label": "Neutral" }, { "end": 47, "tag": "Neutral", "value": "Silvertip Pipeline", "start": 29, "label": "Neutral" }, { "end": 93, "tag": "Neutral", "value": "Yellowstone Pipeline", "start": 73, "label": "Neutral" } ] }, { "content": "United Parcel Service Inc said services in Florida \"may be impacted\". The company continues to provide pickup and delivery services as conditions permit.", "annotations": [ { "end": 25, "tag": "Negative", "value": "United Parcel Service Inc", "start": 0, "label": "Negative" } ] }, { "content": "Nasdaq 100 futures were up 0.25%, with S&P 500 futures little changed. Earnings from Blackstone, Dow Chemical, Philip Morris International, Twitter and American Airlines were due on Thursday.", "annotations": [ { "end": 162, "tag": "Neutral", "value": "Twitter", "start": 155, "label": "Neutral" }, { "end": 61, "tag": "Neutral", "value": "S&P 500 futures", "start": 46, "label": "Neutral" }, { "end": 184, "tag": "Neutral", "value": "American Airlines", "start": 167, "label": "Neutral" }, { "end": 124, "tag": "Neutral", "value": "Dow Chemical", "start": 112, "label": "Neutral" }, { "end": 18, "tag": "Positive", "value": "Nasdaq 100 futures", "start": 0, "label": "Positive" }, { "end": 153, "tag": "Neutral", "value": "Philip Morris International", "start": 126, "label": "Neutral" }, { "end": 110, "tag": "Neutral", "value": "Blackstone", "start": 100, "label": "Neutral" } ] }, { "content": "Employees at an Amazon warehouse in Staten Island, New York, recently voted to unionize and workers at an Apple store in Atlanta filed a petition for a union election. [nL2N2WU1S7]", "annotations": [ { "end": 120, "tag": "Neutral", "value": "Apple", "start": 115, "label": "Neutral" }, { "end": 22, "tag": "Neutral", "value": "Amazon", "start": 16, "label": "Neutral" } ] }, { "content": "The jobs data will likely outshine most morning news in Europe, though Allianz are both due to report earnings. ", "annotations": [ { "end": 78, "tag": "Neutral", "value": "Allianz", "start": 71, "label": "Neutral" }, { "end": 123, "tag": "Neutral", "value": "London Stock Exchange Group", "start": 96, "label": "Neutral" } ] }, { "content": "Kuwait's oil minister said on Tuesday OPEC+ would make a suitable decision to both guarantee energy supply and serve the interests of producers and consumers. [nS8N31300E]", "annotations": [ { "end": 43, "tag": "Neutral", "value": "OPEC+", "start": 38, "label": "Neutral" } ] }, { "content": "Meanwhile, a report showed the Biden administration plans to ask the U.S. Congress to approve an estimated $1.1 billion arms sale to Taiwan, a move that could further fray Sino-U.S. ties as China considers Taiwan its own. Taiwan fired warning shots at a Chinese drone which buzzed an islet controlled by Taiwan. [nL1N30527X] [nP8N2ZD054]", "annotations": [ { "end": 82, "tag": "Neutral", "value": "U.S. Congress", "start": 69, "label": "Neutral" } ] }, { "content": "Fellow drugmaker Bristol Myers Squibb Co in July said it had transferred its commercial operations in Russia to a third-party distributor and incurred $39 million in related costs.", "annotations": [ { "end": 40, "tag": "Neutral", "value": "Bristol Myers Squibb Co", "start": 17, "label": "Neutral" } ] }, { "content": "This reflects Japan's persistently low interest rates, as the Bank of Japan sticks with its ultra-easy money policy while other central banks raise rates to fight inflation. [nL1N2Z2005]", "annotations": [ { "end": 75, "tag": "Neutral", "value": "Bank of Japan", "start": 62, "label": "Neutral" } ] }, { "content": " Nov 8 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at ", "annotations": [ { "end": 90, "tag": "Neutral", "value": "Reuters", "start": 83, "label": "Neutral" } ] }, { "content": "Westpac Banking Corp , Australia's third-largest home lender, in May reduced a discount on assessed rental income to 10% from 20%, according to three of the sources.", "annotations": [ { "end": 20, "tag": "Neutral", "value": "Westpac Banking Corp", "start": 0, "label": "Neutral" } ] }, { "content": "Spokespeople for Vanguard, Fidelity, T. Rowe Price, Capital International Investors, Capital Research Global Investors and Norges declined to comment. None of the other firms were immediately available to comment. Together they held more than 802.72 million shares.", "annotations": [ { "end": 118, "tag": "Neutral", "value": "Capital Research Global Investors", "start": 85, "label": "Neutral" }, { "end": 83, "tag": "Neutral", "value": "Capital International Investors", "start": 52, "label": "Neutral" }, { "end": 25, "tag": "Neutral", "value": "Vanguard", "start": 17, "label": "Neutral" }, { "end": 35, "tag": "Neutral", "value": "Fidelity", "start": 27, "label": "Neutral" }, { "end": 129, "tag": "Neutral", "value": "Norges", "start": 123, "label": "Neutral" }, { "end": 50, "tag": "Neutral", "value": "T. Rowe Price", "start": 37, "label": "Neutral" } ] }, { "content": "* OIL: Oil steadied in early Asian trade as indications that producer alliance OPEC+ sought to avoid a collapse in prices. [nL1N30Y013]", "annotations": [ { "end": 84, "tag": "Neutral", "value": "OPEC+", "start": 79, "label": "Neutral" } ] }, { "content": "Societe Generale did not respond to a request for comment while the other banks declined to comment. Twitter also declined to comment. Musk did not immediately respond to a request for comment.", "annotations": [ { "end": 108, "tag": "Neutral", "value": "Twitter", "start": 101, "label": "Neutral" }, { "end": 16, "tag": "Neutral", "value": "Societe Generale", "start": 0, "label": "Neutral" } ] }, { "content": " of M&C Saatchi after the required majority of the British advertising group's shareholders did not vote in favour of the proposal at a court meeting. ", "annotations": [ { "end": 15, "tag": "Neutral", "value": "M&C Saatchi", "start": 4, "label": "Neutral" } ] }, { "content": "The FAA said the final policy, first released as a draft in February, requires companies including Boeing \"to monitor, report and investigate all allegations of interference and to report the results to the FAA. It also establishes a clear path for these industry employees to speak freely with FAA certification officials at any time.\"", "annotations": [ { "end": 210, "tag": "Neutral", "value": "FAA", "start": 207, "label": "Neutral" }, { "end": 7, "tag": "Neutral", "value": "FAA", "start": 4, "label": "Neutral" }, { "end": 298, "tag": "Neutral", "value": "FAA", "start": 295, "label": "Neutral" }, { "end": 105, "tag": "Neutral", "value": "Boeing", "start": 99, "label": "Neutral" } ] }, { "content": "Goldman Sachs Group Inc also reports this week and the WSJ reported the investment bank plans to restructure its biggest businesses into three divisions.", "annotations": [ { "end": 23, "tag": "Neutral", "value": "Goldman Sachs Group Inc", "start": 0, "label": "Neutral" }, { "end": 65, "tag": "Neutral", "value": "WSJ", "start": 62, "label": "Neutral" } ] }, { "content": "BNP Paribas, Goldman Sachs and HSBC are global coordinators and joint bookrunners on the debt sale, while Aljazira Capital, Citi, JPMorgan and Standard Chartered are passive joint lead managers and bookrunners.", "annotations": [ { "end": 138, "tag": "Neutral", "value": "JPMorgan", "start": 130, "label": "Neutral" }, { "end": 161, "tag": "Neutral", "value": "Standard Chartered", "start": 143, "label": "Neutral" }, { "end": 122, "tag": "Neutral", "value": "Aljazira Capital", "start": 106, "label": "Neutral" }, { "end": 35, "tag": "Neutral", "value": "HSBC", "start": 31, "label": "Neutral" }, { "end": 11, "tag": "Neutral", "value": "BNP Paribas", "start": 0, "label": "Neutral" }, { "end": 26, "tag": "Neutral", "value": "Goldman Sachs", "start": 13, "label": "Neutral" }, { "end": 128, "tag": "Neutral", "value": "Citi", "start": 124, "label": "Neutral" } ] }, { "content": "It resolves claims that Wells Fargo unilaterally decided to provide forbearances to customers who inquired about their mortgages or expressed hardship, but had not explicitly requested and did not want relief.", "annotations": [ { "end": 35, "tag": "Neutral", "value": "Wells Fargo", "start": 24, "label": "Neutral" } ] }, { "content": "Investors were seeking assurances that the enterprise cloud business is still growing strongly and will also scrutinize upcoming financial reports from Microsoft rivals Amazon.com Inc and Alphabet Inc's Google.", "annotations": [ { "end": 210, "tag": "Neutral", "value": "Alphabet Inc", "start": 198, "label": "Neutral" }, { "end": 161, "tag": "Neutral", "value": "Microsoft", "start": 152, "label": "Neutral" }, { "end": 229, "tag": "Neutral", "value": "Google", "start": 223, "label": "Neutral" }, { "end": 183, "tag": "Neutral", "value": "Amazon.com Inc", "start": 169, "label": "Neutral" } ] }, { "content": "With the latest deals, GM said it had lined up supplies for all battery raw materials, including lithium, nickel, cobalt and cathode active material, and was on course to reach its goal of producing 1 million EVs annually in North America by end-2025.", "annotations": [ { "end": 25, "tag": "Neutral", "value": "GM", "start": 23, "label": "Neutral" } ] }, { "content": "Brazilian news website G1 reported on Monday that search teams had found their bodies, quoting the journalist's Brazilian wife. However the report was soon updated to reflect that the bodies had not yet been identified.", "annotations": [ { "end": 25, "tag": "Neutral", "value": "G1", "start": 23, "label": "Neutral" } ] }, { "content": " Microstrategy Inc 34.1% $557.5 mln Robinhood Markets Inc 8.2% $360.7 mln Marathon Digital Holdings 30.7% $333.1 mln Inc Riot Blockchain Inc 16.4% $133.7 mln Silvergate Capital Corp 11.2% $119.0 mln Bakkt Holdings Inc 21.2% $25.2 mln Total Crypto Short Interest: 14.8% $5.01 bln", "annotations": [ { "end": 61, "tag": "Neutral", "value": "Microstrategy Inc", "start": 44, "label": "Neutral" }, { "end": 488, "tag": "Neutral", "value": "Bakkt Holdings Inc", "start": 470, "label": "Neutral" }, { "end": 328, "tag": "Neutral", "value": "Riot Blockchain Inc", "start": 309, "label": "Neutral" }, { "end": 122, "tag": "Neutral", "value": "Robinhood Markets Inc", "start": 101, "label": "Neutral" }, { "end": 389, "tag": "Neutral", "value": "Silvergate Capital Corp", "start": 366, "label": "Neutral" }, { "end": 230, "tag": "Neutral", "value": "Marathon Digital Holdings", "start": 205, "label": "Neutral" } ] }, { "content": " Kellogg , however, based the corporate headquarters for its largest business, snacks, in Chicago after announcing a split into three independent companies this summer. [nL4N2Y822D] ", "annotations": [ { "end": 11, "tag": "Neutral", "value": "Kellogg", "start": 4, "label": "Neutral" } ] }, { "content": "Other U.S. companies have made similar moves, including social media site Reddit Inc and Mobileye, the self-driving car unit of Intel Corp .", "annotations": [ { "end": 84, "tag": "Neutral", "value": "Reddit Inc", "start": 74, "label": "Neutral" }, { "end": 138, "tag": "Neutral", "value": "Intel Corp", "start": 128, "label": "Neutral" }, { "end": 97, "tag": "Neutral", "value": "Mobileye", "start": 89, "label": "Neutral" } ] }, { "content": "The startup is one of several AI chip companies competing with Nvidia Corp which dominates the AI market. Part of SambaNova\ufffd\ufffds strategy has been to offer a powerful chip with a software platform that makes it easier for companies without AI expertise to start using AI in their business. SambaNova offers both the hardware and software as a subscription.", "annotations": [ { "end": 132, "tag": "Neutral", "value": "SambaNova", "start": 123, "label": "Neutral" }, { "end": 305, "tag": "Neutral", "value": "SambaNova", "start": 296, "label": "Neutral" }, { "end": 74, "tag": "Neutral", "value": "Nvidia Corp", "start": 63, "label": "Neutral" } ] }, { "content": "Rival Oracle says in a statement on its website it has withdrawn all products, services and support for Russian and Belarusian companies, subsidiaries and partners. An Oracle spokesperson declined further comment.", "annotations": [ { "end": 183, "tag": "Neutral", "value": "Oracle", "start": 177, "label": "Neutral" }, { "end": 12, "tag": "Neutral", "value": "Oracle", "start": 6, "label": "Neutral" } ] }, { "content": "A spokesperson for Coca-Cola, which had a promoted tweet appear on an account tracked by the researchers, said it did not condone the material being associated with its brand and said \"any breach of these standards is unacceptable and taken very seriously.\"", "annotations": [ { "end": 28, "tag": "Neutral", "value": "Coca-Cola", "start": 19, "label": "Neutral" } ] }, { "content": "Facebook-owner Meta Platforms and Microsoft and others are also looking at metaverse technology can be used in business and leisure.", "annotations": [ { "end": 8, "tag": "Neutral", "value": "Facebook", "start": 0, "label": "Neutral" }, { "end": 52, "tag": "Neutral", "value": "Microsoft", "start": 43, "label": "Neutral" }, { "end": 29, "tag": "Neutral", "value": "Meta Platforms", "start": 15, "label": "Neutral" } ] }, { "content": "Apple Inc , Samsung Electronics <005930.KS>, Vivo, Xiaomi Corp <1810.HK>, as well as the three domestic telecom operators, did not immediately respond to a request for comment. The government's IT and telecom departments also did not respond.", "annotations": [ { "end": 39, "tag": "Neutral", "value": "Samsung Electronics", "start": 20, "label": "Neutral" }, { "end": 9, "tag": "Neutral", "value": "Apple Inc", "start": 0, "label": "Neutral" }, { "end": 57, "tag": "Neutral", "value": "Vivo", "start": 53, "label": "Neutral" }, { "end": 70, "tag": "Neutral", "value": "Xiaomi Corp", "start": 59, "label": "Neutral" } ] }, { "content": "Investors in Capricorn, formerly known as Cairn Energy, will receive 3.8068 Tullow shares for each share they hold, and will own 47% of the combined group which will be led by Tullow Chief Executive Officer Rahul Dhir. ", "annotations": [ { "end": 22, "tag": "Neutral", "value": "Capricorn", "start": 13, "label": "Neutral" }, { "end": 54, "tag": "Neutral", "value": "Cairn Energy", "start": 42, "label": "Neutral" }, { "end": 82, "tag": "Neutral", "value": "Tullow", "start": 76, "label": "Neutral" }, { "end": 182, "tag": "Neutral", "value": "Tullow", "start": 176, "label": "Neutral" } ] }, { "content": "According to preliminary data, the S&P 500 <.SPX> lost 28.89 points, or 0.75%, to end at 3,830.22 points, while the Nasdaq Composite <.IXIC> lost 229.67 points, or 2.05%, to 10,969.45. The Dow Jones Industrial Average <.DJI> rose 3.49 points, or 0.01%, to 31,840.23.", "annotations": [ { "end": 42, "tag": "Negative", "value": "S&P 500", "start": 35, "label": "Negative" }, { "end": 132, "tag": "Negative", "value": "Nasdaq Composite", "start": 116, "label": "Negative" }, { "end": 217, "tag": "Positive", "value": "Dow Jones Industrial Average", "start": 189, "label": "Positive" } ] }, { "content": "Several heavyweight private equity funds have come forward to express interest in the Bundesliga rights race, including Bain Capital, KKR, EQT, Advent, Silver Lake, Blackstone and Bridgepoint, but the auction is only expected to kick off in late October, the sources said.", "annotations": [ { "end": 137, "tag": "Neutral", "value": "KKR", "start": 134, "label": "Neutral" }, { "end": 175, "tag": "Neutral", "value": "Blackstone", "start": 165, "label": "Neutral" }, { "end": 163, "tag": "Neutral", "value": "Silver Lake", "start": 152, "label": "Neutral" }, { "end": 142, "tag": "Neutral", "value": "EQT", "start": 139, "label": "Neutral" }, { "end": 150, "tag": "Neutral", "value": "Advent", "start": 144, "label": "Neutral" }, { "end": 198, "tag": "Neutral", "value": "Bridgepoint", "start": 187, "label": "Neutral" }, { "end": 132, "tag": "Neutral", "value": "Bain Capital", "start": 120, "label": "Neutral" } ] }, { "content": "\"We expect the wheat crop to be close to last year's. Whether it would be 6.5 million tonnes or 6.7 million will depend on the condition of the sowings in different parts of the country,\" Petar Kirovski, who is in charge of grain crop sowings at the ministry, told Reuters in a phone interview.", "annotations": [ { "end": 272, "tag": "Neutral", "value": "Reuters", "start": 265, "label": "Neutral" } ] }, { "content": "Chipmakers, including Infineon and BE Semiconductor , fell between 1% and 2% after Washington published a sweeping set of export controls, including a measure to cut China off from certain chips made anywhere in the world with U.S. equipment. [nL1N3181M5]", "annotations": [ { "end": 30, "tag": "Negative", "value": "Infineon", "start": 22, "label": "Negative" }, { "end": 62, "tag": "Negative", "value": "BE Semiconductor", "start": 46, "label": "Negative" } ] }, { "content": "Coca-Cola Co rose 2.4% after the company upped its revenue and profit forecasts, banking on steady demand amid price increases.", "annotations": [ { "end": 12, "tag": "Positive", "value": "Coca-Cola Co", "start": 0, "label": "Positive" } ] }, { "content": "The Nikkei <.N225> rose 1.21% to 27,527.64, in its biggest intraday gain in a week, while the broader Topix <.TOPX> climbed 0.98% to 1,934.09.", "annotations": [ { "end": 107, "tag": "Positive", "value": "Topix", "start": 102, "label": "Positive" }, { "end": 10, "tag": "Positive", "value": "Nikkei", "start": 4, "label": "Positive" } ] }, { "content": "What is troubling some investors is that cracks are already starting to show in bank balance sheets, with results showing the capital cushions of JP Morgan, Barclays, HSBC, Morgan Stanley, Bank of America, Credit Suisse and Citi all dwindled in the first three months of 2022. [nL5N2WX3EL]", "annotations": [ { "end": 187, "tag": "Negative", "value": "Morgan Stanley", "start": 173, "label": "Negative" }, { "end": 228, "tag": "Negative", "value": "Citi", "start": 224, "label": "Negative" }, { "end": 219, "tag": "Negative", "value": "Credit Suisse", "start": 206, "label": "Negative" }, { "end": 165, "tag": "Negative", "value": "Barclays", "start": 157, "label": "Negative" }, { "end": 204, "tag": "Negative", "value": "Bank of America", "start": 189, "label": "Negative" }, { "end": 171, "tag": "Negative", "value": "HSBC", "start": 167, "label": "Negative" }, { "end": 155, "tag": "Negative", "value": "JP Morgan", "start": 146, "label": "Negative" } ] } ]