Alphabet to Take CME Group’s Trading Systems to the Cloud after $1B Investment
(Reuters) Alphabet Inc. has struck a 10-year deal to invest $1 billion in CME Group and take its trading systems to the cloud. CME group is expected to start shifting…
(Reuters) Alphabet Inc. has struck a 10-year deal to invest $1 billion in CME Group and take its trading systems to the cloud. CME group is expected to start shifting…
(Uber) Uber Technologies Inc. reported an adjusted EBITDA of $8 million in the third quarter of 2021, up $517 million from the second quarter and $633 from prior year. The…
(BLS) US nonfarm payroll employment increased by 531,000 in October, while the unemployment rate shed 0.2% to 4.6% in the latest sign of labor market recovery. The number of unemployed…
(Bloomberg) Japan’s Government Pension Investment Fund has returned 1.8 trillion yen or $17 billion in the sixth straight quarter of gains, taking its total assets to a record $194.1 trillion…
(Coinbase) Ethereum-based Crypto.com currency CRO surged more than 20% to trade at an all-time high above $0.34 following news it had been listed on Coinbase. Crypto.com, which is one of…
(Pfizer) Pfizer Inc. has announced that its novel Covid-19 antiviral drug candidate PAXLOVID reduces the risk of death or hospitalization by 89%. In an interim study, Pfizer found that no…
(Bloomberg) China’s 10-year sovereign bond fell by two basis points to 2.90% following a move by the central bank to inject 100 billion yuan or $16 billion into the market. …
(Eurostat) Eurozone Construction Total Activity Index was at 51.2 in October, an improvement from 50.0 in September and the sharpest since February 2020. The increase in construction activity was linked…
(Peloton) Shares of Peloton Interactive Inc. fell more than 30% in premarket on Friday as the company cut its revenue projection by about $1 billion in 2022. Peloton projects sales…
(Halifax) UK posted an average house price of 270,027 pounds in October, an annual increase of 8.1% compared to 7.4% in September. The prices are now up for the fourth…
(Qualcomm) Qualcomm Inc. reported revenues of $33.5 billion in the fiscal year 2021, up 43% from the prior year. Fourth quarter revenues were reported at $9.34 billion, up 12% from…
(Department of Labor) Jobless claims fell by 14,000 in the week that ended October 30 to a new-pandemic low of 269,000. The jobless claims are now closer to the March…