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Stock market today: Dow, S&P 500, Nasdaq futures rise as investors weigh Nvidia earnings

Investors are digging into Nvidia's earnings for insights into the AI boom.

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Kenya cancels proposed deals with Adani Group

Kenyan President William Ruto said on Thursday he had ordered the cancellation of procurement process to expand the country's main airport, in which the government was considering a proposal by India's Adani Group. Ruto said he had also directed the cancellation of a more than $700 million deal the energy ministry had signed with a unit of the Adani Group to construct power transmission lines.

UAE’s $30 Billion Energy-Transition Fund Struggles to Spend Cash

(Bloomberg) -- A landmark fund launched by the United Arab Emirates a year ago has managed to spend just a small fraction of its cash, as it struggles to find deals suited to its mandate of investing in the energy transition.Most Read from BloombergTrump Promises Could Have Seismic Impact on Washington EconomyParis to Replace Parking Spaces With TreesTokyo’s Scorching Summers Focus Public Anger Against Tree CuttingNYC Mayor Adams Names Jessica Tisch to Lead Police Head Amid ProbesNew York’s Tran

Carson Block Expects More Anti-Short-Seller Rhetoric Under Trump

(Bloomberg) -- Muddy Waters Capital’s Chief Executive Officer Carson Block expects more rhetoric against short sellers during Donald Trump’s administration.Most Read from BloombergTrump Promises Could Have Seismic Impact on Washington EconomyParis to Replace Parking Spaces With TreesTokyo’s Scorching Summers Focus Public Anger Against Tree CuttingNYC Mayor Adams Names Jessica Tisch to Lead Police Head Amid ProbesNew York’s Transit Agency Approves $9 Congestion TollIn an interview Thursday with B

Goldman Sachs analyst leads Nvidia price target overhauls after earnings

Nvidia's near-term outlook may have disappointed markets, but analyst are taking a different view.

Mercedes plans to cut costs by several billion euros per year, reports Handelsblatt

Mercedes-Benz plans to cut costs by several billion euros per year in the coming years, the Handelsblatt newspaper reported on Thursday, citing a spokesperson for the German carmaker. According to Handelsblatt, the spokesperson left open exactly how the costs are to be cut and did not answer questions about possible job cuts. (Writing by Miranda Murray, Editing by Rachel More)

US Futures Advance; Bitcoin Trades at $98,000: Markets Wrap

(Bloomberg) -- US equity futures climbed as strong results from Snowflake Inc. helped spur software stocks. Oil rallied with investors on edge about the war in Ukraine, while Bitcoin closed in on the $100,000 mark.Most Read from BloombergTrump Promises Could Have Seismic Impact on Washington EconomyParis to Replace Parking Spaces With TreesTokyo’s Scorching Summers Focus Public Anger Against Tree CuttingNYC Mayor Adams Names Jessica Tisch to Lead Police Head Amid ProbesNew York’s Transit Agency

Hedge Fund Two Sigma Cuts 200 Staffers After Strategic Review

(Bloomberg) -- Two Sigma Investments will dismiss roughly 200 employees after the firm’s two new co-chief executive officers conducted a wide-ranging review of the hedge fund’s business. Most Read from BloombergTrump Promises Could Have Seismic Impact on Washington EconomyParis to Replace Parking Spaces With TreesTokyo’s Scorching Summers Focus Public Anger Against Tree CuttingNYC Mayor Adams Names Jessica Tisch to Lead Police Head Amid ProbesNew York’s Transit Agency Approves $9 Congestion Toll

Bitcoin Climbs Closer to $100,000 on Trump’s Support for Crypto

(Bloomberg) -- Bitcoin approached the historic $100,000 level, fueled by optimism that President-elect Donald Trump’s support for crypto heralds a boom as the US pivots to friendly regulations in place of a crackdown.Most Read from BloombergTrump Promises Could Have Seismic Impact on Washington EconomyParis to Replace Parking Spaces With TreesTokyo’s Scorching Summers Focus Public Anger Against Tree CuttingNYC Mayor Adams Names Jessica Tisch to Lead Police Head Amid ProbesNew York’s Transit Agen

French Bond Risk Rises as Budget Tensions Keep Markets on Edge

(Bloomberg) -- A gauge of French bond risk surged to its highest in a month as markets fret about the country’s budget negotiations and a looming review of its sovereign rating.Most Read from BloombergTrump Promises Could Have Seismic Impact on Washington EconomyParis to Replace Parking Spaces With TreesTokyo’s Scorching Summers Focus Public Anger Against Tree CuttingNYC Mayor Adams Names Jessica Tisch to Lead Police Head Amid ProbesNew York’s Transit Agency Approves $9 Congestion TollThe premiu

Backdoor Private Credit Funds Lure Insurance Industry Billions

(Bloomberg) -- The world’s biggest private credit managers are turning to an obscure investment product to help raise billions from deep-pocketed insurance companies, testing the limits of industry safeguards meant to curb risk.Most Read from BloombergTrump Promises Could Have Seismic Impact on Washington EconomyParis to Replace Parking Spaces With TreesTokyo’s Scorching Summers Focus Public Anger Against Tree CuttingNYC Mayor Adams Names Jessica Tisch to Lead Police Head Amid ProbesNew York’s T