Global stocks rise after U.S. vote splits power; dollar slips
Most major stock markets rose on Wednesday, led by a strong rally on Wall Street, after the outcome of the U.S. midterm congressional elections drove expectations of political gridlock in Washington, boosting risk assets and weighing on the dollar.
Wall Street jumps 2 percent amid relief after U.S. midterm elections
U.S. stocks ended more than 2 percent higher on Wednesday with broad gains led by the technology and healthcare sectors as investors, relieved to have midterm elections behind them, made bets that a divided Congress would be good for equities.
Cannabis shares light up as U.S. voter support for industry grows
Shares of cannabis companies rose on Wednesday as results from the previous day’s U.S. elections pointed to more favorable political conditions for the cannabis industry.
Roku reports 39 percent rise in quarterly revenue
Roku Inc reported a 39 percent rise in quarterly revenue on Wednesday, helped by higher number of subscribers for its ad-supported video streaming platform.
Strong car sales lift spirits at Brazil auto show
Automakers in Brazil last month notched their strongest sales in nearly four years, a leading trade group said on Wednesday, adding to optimism as the auto industry kicked off the biannual Sao Paulo International Motor Show.
Samsung gives first glimpse of foldable phone
Samsung Electronics Co Ltd unveiled its much-anticipated foldable phone in San Francisco on Wednesday, urging Android developers to start writing apps for it.
Tableau, Twilio, New Relic reports send cloud stocks skyward
Shares of cloud software sellers surged on Wednesday following quarterly reports and forecasts from Tableau Software, New Relic, Twilio and Rapid7 that added to Wall Street’s high expectations for the fast-expanding sector.
Samsung shows foldable phone to developers
Samsung Electronics Co Ltd unveiled its much-anticipated foldable phone to developers in San Francisco on Wednesday, urging Android programmers to start writing apps for the product, which does not yet have a launch date.
Stocks rise after U.S. vote splits power; dollar slips
Most major stock markets rose on Wednesday after the U.S. midterm election divided control of Congress, while expectations of political gridlock in Washington weighed on the dollar.
Trump would consider regulating social media but urges caution
U.S. President Donald Trump said he would consider working with Democrats to regulate social media companies, after he and other conservatives accused companies such as Twitter Inc, Facebook Inc and Alphabet Inc’s Google of allegedly stifling right win…
