Wall Street rallies on U.S. elections lead by tech, health stocks

U.S. stocks surged on Wednesday with broad gains led by the technology and healthcare sectors as investors, relieved to put midterm elections behind them, made bets that a divided Congress would be good for equities.

Tableau, Twilio, New Relic reports send cloud stocks skyward

Shares of cloud software sellers surged on Wednesday following quarterly reports and forecasts from Tableau Software, New Relic, Twilio and Rapid7 that added to Wall Street's high expectations for the fast-expanding sector.

Strong car sales lift spirits at Brazil auto show

Automakers in Brazil last month notched their strongest sales in nearly four years, a leading trade group said on Wednesday, adding to optimism as the auto industry kicked off the biannual Sao Paulo International Motor Show.

Samsung gives first glimpse of foldable phone

Samsung Electronics Co Ltd unveiled its much-anticipated foldable phone at a conference for developers in San Francisco on Wednesday, urging Android programmers to start writing apps for the product.

Stocks rise after U.S. vote splits power; dollar slips

Most major stock markets rose on Wednesday after the U.S. midterm election divided control of Congress, while expectations of political gridlock in Washington weighed on the dollar.

Michigan vote to legalize pot fires up investor momentum behind cannabis

Michigan's vote Tuesday to become the 10th U.S. state where the recreational use of cannabis is legal is adding more momentum to a trend that some investors now say is inevitable: that marijuana will become legal nationwide within the next 5 years.

Trump would consider regulating social media but urges caution

U.S. President Donald Trump said he would consider working with Democrats to regulate social media companies, after he and other conservatives accused companies such as Twitter Inc, Facebook Inc and Alphabet Inc's Google of allegedly stifling right wing views.

Boeing alerts pilots after Indonesia crash, FAA plans directive

Boeing Co said on Wednesday it had issued a safety bulletin reminding pilots how to handle erroneous data from a key sensor in the wake of last week's Indonesian jetliner crash.

Dish beats profit estimates, expects more subscriber losses

Dish Network Corp beat Wall Street estimates for quarterly profit on Wednesday, as the U.S. satellite TV provider benefited from lower programming costs due to a blackout of Univision channels.

Italy's antitrust opens probe into Ryanair's, Wizz Air's hand luggage policies

Italy's antitrust said on Wednesday it was opening a probe against Ryanair and Wizz Air over their new hand luggage policies.

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