Market Pulse - Usa
McDonald's stock interests investors as it plunges into artificial intelligence
McDonald’s has sparked the interest of investors after deciding to purchase artificial intelligence start-up Dynamic Yield.
US crude oil inventories stage surprise increase, DoE says
US oil stockpiles jumped unexpectedly last week, as net imports increased slightly and refinery rates declined.
US open: Stocks open lower as bond yields hit lowest point since late 2017
Wall Street trading opened with losses on Wednesday amid a continuing rapid decline in US Treasury yields and 'market chatter' regarding possible interest rate cuts by the Federal Reserve.
Qualcomm loses bid for iPhone import ban against Apple
Qualcomm lost a bid on Tuesday to ban imports of several iPhone models into the US after the International Trade Commission ruled in favour of Apple.
Summit Therapeutics swings to profit after revenue soars
Summit Therapeutics on Wednesday reported that it swung to an annual profit following a leap in revenues attributed to a collaboration agreement with Sarepta Therapeutics.
US trade deficit shrinks rapidly in January
America's shortfall in trade on goods and services with the rest of the world saw a massive drop at the start of 2019, amid a sharp decline in purchases from abroad.
Elon Musk will confront SEC in court in April
Lawyers for Tesla boss Elon Musk, and the US Securities and Exchange Commission will face each other in a court in Manhattan next month over the regulator's call for Musk to be held in contempt.