Apple lifts S&P 500 to new record high ahead of Fed decision
The S&P 500 index notched a fresh record high on Wednesday, as gains in Apple Inc’s shares after forecast-beating results powered a rally in technology stocks ahead of the Federal Reserve’s latest policy announcement.
U.S. firms hire 275,000 workers in April, most nine months: ADP
U.S. private employers added 275,000 jobs in April, well above economists’ expectations and the most since last July, supporting the view of a solid domestic labor market, a report by a payrolls processor showed on Wednesday.
Toyota, Fiat Chrysler U.S. sales fall in April
Toyota Motor Corp on Wednesday reported a 4.4 percent fall in U.S. sales in April, hurt by slack demand for its sedans, including Corolla and Prius.
Apple results beat sets eyes back on $1 trillion
Apple Inc shares rose about 6 percent on Wednesday, pushing the iPhone maker’s market valuation back toward $1 trillion as its quarterly report and upbeat forecast calmed investors worried about slowing growth.
Fiat Chrysler U.S. sales fall 6 percent in April
Fiat Chrysler Automobiles NV on Wednesday reported a 6 percent fall in U.S. sales in April, hurt by lower demand for its Jeep SUVs and Dodge sedans.
S&P 500 opens at record high as Apple powers rally
The S&P 500 index opened at an all-time high on Wednesday, as gains Apple Inc’s shares after its stellar results and forecast powered a rally in technology stocks ahead of the Federal Reserve’s latest policy announcement.
Walmart-owned Flipkart in talks to buy Indian grocery chain: report
Walmart Inc-owned e-commerce firm Flipkart is in talks to buy Indian grocery chain Namdhari’s Fresh, CNBC-TV18 reported on Wednesday, citing sources.
Amazon opens its platform to local retail market in Israel
E-commerce giant Amazon has reached out to Israeli retailers to enable them to sell directly to customers in Israel using its online platform.
Google’s competition for advertising heats up from Amazon, rival platforms
Alphabet Inc’s Google, the largest U.S. digital advertising platform, is facing increased competition from sites where people purchase products and places thought to be safe from potentially offensive content, advertising buyers say.
Hulu achieves rapid growth, hits 26.8 million paid subscribers
Hulu on Wednesday said it has reached 26.8 million paid subscribers, a milestone that suggested rapid growth in the first four months of the year.
