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Stock market news live updates: Stock futures rise ahead of Powell remarks
Stock futures reversed course during the overnight session and rose Wednesday, as traders awaited commentary from Federal Reserve Chair Jerome Powell later in the morning.
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Tencent Grinds Out Profits Increase Despite Coronavirus Headwinds
Chinese social media, entertainment and games giant Tencent managed a 6% increase in profits in the first quarter of the year – a period which contained two months of coronavirus-induced turmoil. The powerhouse company on Wednesday reported revenues increased by 26% year on year to $15.3 billion (RMB108 billion), and net profits up to $4.15 […]
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Stock market news live updates: Stock futures drift lower as earnings roll on