 | | | | NEW YORK (Reuters) - Stocks stumbled again on Wednesday as jitters about major technology and internet companies pushed investors toward their first quarterly fall in equity markets in two years. | | | | | | NEW YORK (Reuters) - Tesla Inc shares fell sharply again on Wednesday, reeling from a credit downgrade of the electric car maker by Moody's Investors Service, federal probes of a fatal crash and concerns about Model 3 production. | | | | | | NEW YORK (Reuters) - The sharp slump in Tesla Inc's shares this month could unlock massive gains on equity option bets investors placed over the last several months that pay when the electric car maker's stock slides. | | | | | | NEW YORK (Reuters) - Wall Street closed lower after a rocky session on Wednesday as gains in defensive sectors were eclipsed by a sharp fall in Amazon shares and declines in technology stocks. | | | | | | TORONTO Reuters) - Canadian mining magnate Peter Munk, who built Barrick Gold Corp from a single mine into the world's largest producer of gold, has died at the age of 90, the company said on Wednesday. | | | | | | WARSAW (Reuters) - Poland signed the largest arms procurement deal in its history on Wednesday, agreeing with the United States to buy Raytheon Co's Patriot missile defense system for $4.75 billion in a major step to modernize its forces against a bolder Russia. | | | | | | NEW YORK (Reuters) - Fund managers have begun to ditch so-called FANG stocks that powered the U.S. stock market to record highs in January and are slowly rotating into commodity-related shares and other value stocks which typically outperform in late-cycle recoveries. | | | | | | NEW YORK (Reuters) - Luxury U.S. automaker brands Cadillac and Lincoln both unveiled SUV models this week at the New York auto show to meet rising American demand, but also are keeping one eye on a growing Chinese appetite for the same vehicles, executives said. | | | | | | WASHINGTON (Reuters) - Amazon.com Inc shares fell almost 5 percent on Wednesday, wiping more than $30 billion off its market value, after news website Axios reported that U.S. President Donald Trump is obsessed with the world's largest online retailer and wants to rein in its growing power. | | | | | | LONDON (Reuters) - Royal Dutch Shell has filed a criminal complaint against a former senior employee over suspected bribes in the $390 million sale of an oilfield in Nigeria, where the company is already under investigation over a separate deal. | | | | | | * PROGRESS REPORTS BETTER THAN EXPECTED 2018 FISCAL FIRST QUARTER RESULTS | | | | | |
