 | | | | U.S. stocks ended lower on Thursday, with tech shares dragging on the S&P 500 (.SPX) and Nasdaq (.IXIC), as investors balanced concerns about inflation and the Federal Reserve reining in stimulus with relief about corporate tax hikes. | | | | | | Boeing Co (BA.N) Chief Executive Dave Calhoun on Thursday said there could be "supply constraints" beginning in the summer after a "more robust" recovery than he expected from the aviation downturn during the pandemic. | | | | | | Broadcom Inc (AVGO.O) forecast current-quarter revenue above Wall Street expectations on Thursday, as the semiconductor firm is set to benefit from the rising adoption of 5G technology. | | | | | | Lululemon Athletica Inc (LULU.O) forecast full-year net revenue and profit above Street estimates on Thursday, anticipating continued demand for its workout wear despite easing COVID-19 restrictions in many of its top markets. | | | | | | U.S. stocks wavered on Thursday, with tech shares dragging on the S&P 500 (.SPX) and Nasdaq (.IXIC), as investors balanced concerns about inflation and the Federal Reserve reining in stimulus with relief about corporate tax hikes. | | | | | | AMC Entertainment (AMC.N) shares reversed losses on Thursday after the retail investor favorite said it completed a share offering it announced earlier in the day, raising $587.4 million in additional equity capital. | | | | | | Exxon Mobil's newly elected board member Kaisa Hietala says her work at Finnish refiner and biofuel producer Neste makes her more than just a champion of biofuels, she also has experience transforming a business. | | | | | | The U.S. Department of Justice is elevating investigations of ransomware attacks to a similar priority as terrorism in the wake of the Colonial Pipeline hack and mounting damage caused by cyber criminals, a senior department official told Reuters. | | | | | | The meteoric rise in shares of AMC Entertainment Holdings Inc (AMC.N) may have diminished an important options market force that helped fuel its recent gains, analysts said. | | | | | | JPMorgan & Chase Co (JPM.N) has named three global co-heads to lead the part of its investment bank which advises other financial institutions on mergers, acquisitions and capital raises, according to an internal memo seen by Reuters. | | | | | |
