Major brokerages reiterated their view of a 25-basis-point (bp) interest-rate cut by the U.S.
November 07, 2024
WK Kellogg beat Wall Street estimates for third-quarter revenue and profit on Thursday, driven by robust consumer demand for its ready-to-eat cereals, including Froot Loops and Apple Jacks
November 07, 2024
Hershey trimmed its annual revenue and profit forecasts on Thursday after missing Wall Street estimates for third-quarter, as repeated price hikes have dampened demand for its chocolates,
November 07, 2024
Tesla shares surged on Donald Trump’s presidential victory, increasing the net worth of the world’s richest man.
November 07, 2024
Sterling rallied sharply on Thursday, solidifying its position as the best performing major currency of 2024, while UK-focussed stocks rose after
November 07, 2024
Warner Bros Discovery CEO David Zaslav anticipates a friendlier environment for deal-making under the incoming Trump administration, opening
November 07, 2024
Under Armour shares shot up 20% on Thursday as the sportswear maker raised its annual profit forecast, betting on lower input costs and cost-saving strategies such
November 07, 2024
Danish drugmaker Novo Nordisk's shares hit an over 9-month low on Thursday after surging more than 8% the previous day, as underwhelming guidance for next year
November 07, 2024
Neutrogena-owner Kenvue's third-quarter sales fell short of expectations on Thursday, marking the fifth consecutive quarter of year-over-year decline in
November 07, 2024
Private equity firm Carlyle Group posted flat third-quarter profits but beat Wall Street's estimates as higher fee income was offset by increased compensation expenses
November 07, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan World stocks and bond yields pushed higher after Donald Trump's clear U.S. election win and a collapse of Germany's coalition redrew
November 07, 2024
Wall Street executives cheered the prospect of business-friendly regulations and a burst of deals as they analyzed the implications of
November 07, 2024
Qualcomm shares rose 4% on Thursday after the chip designer's strong quarterly revenue forecast fanned investor optimism about a China-led recovery in the smartphone market.
November 07, 2024
U.S. stocks closed higher on Thursday, after the Federal Reserve announced a cut of 25 basis points (bps) in interest rates, extending a sharp rally sparked by
November 07, 2024
A bid by Italy's third-largest bank Banco BPM to acquire full control of fund manager Anima Holding sent shares of both soaring on Thursday.
November 07, 2024
Sweden's central bank cut its key interest rate to 2.75% from 3.25% on Thursday, as expected, and said that it would carry on easing policy in the months ahead though uncertainty
November 07, 2024
Most stock markets in the Gulf ended higher on Thursday in line with global shares as investors navigated the implications of a second Donald Trump presidency.
November 07, 2024
European stocks regained ground on Thursday, boosted by technology and resources shares, while Britain's FTSE 100 dipped after the Bank of England cut
November 07, 2024
Asian equities, excluding China, witnessed sharp foreign outflows in October, as investors wary of the U.S. presidential election outcome reacted to concerns over weaker-
November 07, 2024
The boss of British supermarket Sainsbury's said changes to national insurance made by the government in last week's budget will add 140 million pounds ($181 million)
November 07, 2024
Britain's Rolls-Royce stuck to guidance for annual profit growth of at least 30% this year as its airline customers flew more and demand for power for data systems and defence
November 07, 2024
Taiwan may demonstrate it takes Donald Trump's "protection" money demand seriously with large and early new arms deals,
November 07, 2024
Japan's Nippon Steel hopes to close its $15 billion deal to buy US Steel by year-end before Republican Donald Trump retakes the White House in
November 07, 2024
MSCI added five Indian companies to its Global Standard Index late on Wednesday, a move that brokerage Nuvama said would lift the country's weightage on the index to
November 07, 2024
Daimler Truck warned of tough conditions ahead as it reported third quarter earnings on Thursday, with CFO Eva Scherer saying that instability resulting from the
November 07, 2024
Shares on Wall Street scaled record highs on Thursday, lifting stock markets around the world, while U.S.
November 07, 2024
China's exports grew at the fastest pace in over two years in October as factories rushed inventory to major markets in anticipation of further tariffs from the U.S. and
November 07, 2024
Most U.S. stocks rose as the Federal Reserve cut interest rates again to make things easier for the economy
November 07, 2024
Investors betting against Trump Media & Technology Group have lost $420 million since the stock began tracking the election odds of Donald Trump, according to a
November 06, 2024
Singapore's top bank DBS sees an upside to its 2025 profit when Donald Trump takes office as U.S. president next year, as his policies could spell fewer
November 06, 2024
U.S. shale producer Marathon Oil beat Wall Street estimates for third-quarter profit on Wednesday, helped by higher production and resilient demand for oil.
November 06, 2024
Coty on Wednesday said it expects annual profit to come in at the low end of its forecast, as weak demand for beauty products in major markets such as the United States and Australia
November 06, 2024
U.S. agrichemicals firm Corteva reported a larger-than-expected loss on Wednesday, hurt by lower sales and prices, leading the company to cut its full-year sales outlook and sending its
November 06, 2024
Albemarle, the world's largest lithium producer, said on Thursday it lost more than $1 billion in the third quarter and that it would slash its capital budget amid a 71%
November 06, 2024
Gilead Sciences reported third-quarter financial results that handily beat Wall Street expectations on Wednesday as sales climbed 7%, leading the drugmaker to raise its
November 06, 2024
Bumble posted on Wednesday its first decline in quarterly sales since going public in 2021 and said that it would take longer for the dating app operator to boost its sluggish growth rate.
November 06, 2024
Elf Beauty raised its forecasts for annual sales and profit on Wednesday, betting on its efforts to sell cosmetics such as lip oil and liquid blush at affordable
November 06, 2024
From prison companies to Tesla: These stocks are soaring off the Trump victory
November 06, 2024
A U.S. appeals court on Wednesday upheld a jury's verdict clearing Tesla CEO Elon Musk and his company of liability over allegations they misled investors when the
November 06, 2024
CVS Health fell short on third-quarter profit, but it posted strong sales and the health care giant shook up leadership under new CEO David Joyner after a rough year that has sent shares plunging
November 06, 2024
U.S.
November 06, 2024
Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from Donald Trump’s return to the White House
November 06, 2024
Argentina's dollar bonds jumped in early trade on Wednesday and the country's risk index dropped sharply, with investors cheering the prospect of closer ties
November 06, 2024
U.S. energy firm Sempra missed Wall Street estimates for third-quarter profit on Wednesday, hurt by higher interest expenses and lower earnings from its utility businesses in Texas and
November 06, 2024
Hedge funds including BlueBay were turning their attentions to crude oil, U.S.
November 06, 2024
Novo Nordisk's sales growth next year could be in the high teens in percentage terms, Chief Financial Officer Karsten Munk Knudsen said on an analyst call following the release of
November 06, 2024
Inflation in Egypt is estimated to have climbed to 27.0% in October, pushed up by higher education costs and a fuel price increase in the middle of the month, according to a poll
November 06, 2024
Trump’s social media stock spikes and then fades fast after election victory
November 06, 2024
American Electric Power is considering more asset sales to help fund its five-year $54 billion capital expenditure plan, which has jumped by 25% from the previous plan, company executives
November 06, 2024
Shares of Super Micro Computer tumbled more than 24% to hit a near 18-month low on Wednesday as an unclear timeline for its annual report along with weak quarterly forecasts fanned investor
November 06, 2024
Shares in European clean energy groups plummeted on Wednesday after Donald Trump was elected president of the United States, as investors fretted over a
November 06, 2024
Markets close at record highs as Trump is reelected
November 06, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Donald Trump's surprisingly comprehensive victory in the U.S.
November 06, 2024
Rivian is expected to report on Thursday its first drop in quarterly revenue since going public three years ago, after a shortage of parts forced the maker
November 06, 2024
Shares of pot companies slid on Wednesday after a ballot measure to legalize the recreational use of marijuana in Florida failed to get the required majority to pass, even as the firms
November 06, 2024
The price of bitcoin has hit a new high as investors bet that former President Donald Trump’s victory in the U.S. presidential election will be a boon for cryptocurrencies
November 06, 2024
As Donald Trump was projected to win the White House, according to Edison Research, the U.S. dollar and stock market are seen as winners, but a Republican presidency could weigh on bonds,
November 06, 2024
Donald Trump's U.S. presidential election victory boosted the stock market on Wednesday as investors bet on lower corporate taxes and deregulation, lifting shares of Tesla ,
November 06, 2024
U.S. stocks rallied sharply to close at record highs on Wednesday after Republican Donald Trump won the 2024 U.S. presidential election in a stunning comeback
November 06, 2024
China's yuan and stock markets fell sharply on Wednesday as the prospect of another Donald Trump presidency and Republican control of U.S.
November 06, 2024
Most stock markets in the Gulf ended higher on Wednesday as a win by Republican Donald Trump in the U.S. presidential election fuelled expectations of more business-
November 06, 2024
European shares ended lower on Wednesday, following a broad rally earlier in the session, hurt by a drop in utilities shares on fears that U.S.
November 06, 2024
Billionaire Elon Musk stands to benefit greatly from his ties with U.S.
November 06, 2024
Metals bore the brunt of global commodity price losses after a U.S. election win by Donald Trump on Wednesday, while oil, gas and
November 06, 2024
Novo Nordisk reported forecast-beating third-quarter sales of its popular Wegovy weight-loss drug on Wednesday, reassuring investors
November 06, 2024
BMW on Wednesday reported a 61% drop in its third-quarter profit, missing analyst expectations because of slumping China sales and brake
November 06, 2024
Credit Agricole SA shares fell nearly 6% after the French bank reported mixed quarterly results, marked by record investment banking sales, a slightly smaller-
November 06, 2024
Toyota Motor posted on Wednesday its first quarterly profit drop in two years as its weaker sales and production issues in two crucial markets - Japan and the U.S.
November 06, 2024
Traders trimmed bets Tuesday on Federal Reserve interest rate cuts next year, as early tallies for the U.S. presidential election rolled in through the evening.
November 06, 2024
Japan's Honda Motor reported a surprise 15% drop in second-quarter operating profit on Wednesday, missing analysts' expectations as it suffered a heavy sales decline in China.
November 06, 2024
Korea Zinc's new share sale plan, which was announced on Oct 30 and worth around $1.8 billion, has been suspended due to a revision order by the South Korean financial regulator, a
November 06, 2024
Wall Street tore to record highs on Wednesday and major stock markets around the world surged, while bitcoin hit an all-time-high and
November 06, 2024
Oil prices settled lower on Wednesday as investors weighed a strong U.S. dollar against the potential that U.S.
November 06, 2024
Spirit AeroSystems, a key supplier to U.S. planemaker Boeing, warned on Tuesday there was "substantial doubt" the company would be able to continue as a
November 05, 2024
Stock futures, bitcoin and dollar rise as Trump poised to win
November 05, 2024
Elf Beauty is likely to report revenue growth of nearly 33% for the second quarter, bucking weak demand in the industry as its inexpensive cosmetics edged out
November 05, 2024
Trump’s media stock was halted for extremely volatile trading as America went to the polls
November 05, 2024
Hedge fund performance, on average, is better when the U.S. president is a
November 05, 2024
An extended delay in enacting reforms in Chile aimed at expediting mining permits represents a "serious" problem for the industry in the world's top copper-producing country, the
November 05, 2024
When Federal Reserve Chair Jerome Powell and his colleagues meet this week to discuss their next interest rate move, they'll face a much more complicated
November 05, 2024
Logistics company Expeditors International of Washington reported third-quarter results above estimates on Tuesday, driven by increasing tonnage and volumes as some shippers moved freight
November 05, 2024
Cummins Inc beat third-quarter profit estimates on Tuesday, due to robust demand for its power generation products from data centers, sending the shares of the company up more than 4% in
November 05, 2024
Contract drug manufacturer Catalent, which is in the process of being acquired by Novo Holdings, posted a surprise first-quarter loss and revenue below Wall Street estimates on Tuesday.
November 05, 2024
Ferrari core earnings rose 7% in the third quarter despite a small and calculated dip in car shipments aimed at facilitating an internal software
November 05, 2024
Palantir shares jumped over 17% to hit a record high on Tuesday, after the data analytics firm raised its annual revenue forecast for the third time, bolstering investor
November 05, 2024
Archer-Daniels-Midland shares ended down 6% on Tuesday after the global grains merchant cut its 2024 profit outlook and said it would amend previous
November 05, 2024
As Americans go to the polls to elect a new president, investors are trying to gauge how stock markets will react as polls and betting platforms point
November 05, 2024
Investors ramped up oil futures and options trading in October to record levels in a bid to hedge growing uncertainty as war rages on in the Middle East and a
November 05, 2024
By Seher Dareen -DuPont de Nemours raised its full-year profit forecast after topping third-quarter estimates on Tuesday, as the industrial materials maker rides a recovery in demand from
November 05, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Even with the uncertainty of what most pollsters see as a dead heat in the White House race, world markets are in a upbeat mood as
November 05, 2024
When Reuters reported in April that Tesla had scrapped plans for a long-promised, next-generation $25,000 electric vehicle, the automaker’s stock plunged.
November 05, 2024
Italy's Treasury has put on hold the sale of a minority stake in ITA Airways to Lufthansa because of a dispute with the German carrier over the agreed price, two sources
November 05, 2024
Investors bought dollars, bitcoin and stocks, and sold bonds as Donald Trump claimed victory in the U.S. presidential
November 05, 2024
U.S. stocks closed sharply higher in a broad rally on Tuesday after data signaled a solid economy, but investors braced for volatile trading this week as
November 05, 2024
Even Warren Buffett thinks his stock is too expensive
November 05, 2024
French digital music company Believe on Tuesday denied allegations of copyright infringement by Universal Music Group, which is seeking damages of
November 05, 2024
Trump should be worried about this stock market indicator
November 05, 2024
Most stock markets in the Gulf rose on Tuesday as markets waited for early indications of the outcome of a knife-edge U.S. election.
November 05, 2024
BlackRock committed not to support a delisting of Spanish utility Naturgy for at least three years to win government approval for its acquisition of a stake in the group, a stock market
November 05, 2024
Europe's STOXX 600 eked out minor gains on Tuesday led by gains in industrials as investors assessed a slew of downbeat earnings and kept a close eye
November 05, 2024
Air France KLM shares fell on Tuesday after Morgan Stanley cut its rating on the stock to 'underweight' from 'equal weight'.
November 05, 2024
The Bank of Japan is likely to raise interest rates in coming months with January emerging as the most likely timing, when there will be more
November 05, 2024
Saudi Arabian oil giant Aramco has reported third-quarter profits of $27.5 billion, down about 15% from last year as low oil prices ate into its revenues
November 05, 2024
Europe's third-quarter earnings have mostly topped markets' low expectations and investors are rewarding beats more handsomely than they have in
November 05, 2024
Toyota Motor is expected to post its first profit drop in two years when it reports second-quarter earnings on Wednesday, signalling cooling demand after a run of
November 05, 2024
World stocks rose and Treasury yields retreated from early highs on Tuesday as markets awaited early indications of the outcome of a knife-edge U.S.
November 05, 2024
U.S. stocks rallied as voters headed to the polls on the last day of the presidential election and as more data piled up to show the economy remains solid
November 05, 2024
Oil prices edged up about 1% on Tuesday with a storm expected to cut U.S. output in the Gulf of Mexico and as the U.S. dollar weakened on Election Day with polls
November 05, 2024
Wynn Resorts posted quarterly profit and revenue below Wall Street expectations on Monday, due to sluggish casino business in Las Vegas, sending its shares down 2.8% in extended trading.
November 04, 2024
Trump’s stock surges on the last day before the election
November 04, 2024
U.S. companies with lagging stock prices are now quicker to blame management and fire their top executive, but the process of finding a replacement has
November 04, 2024
Fox Corp beat Wall Street expectations for first-quarter revenue on Monday, as the media company benefited from higher political advertising ahead of the U.S. presidential election on Nov.
November 04, 2024
A Donald Trump victory in the race for the White House is widely seen as bullish for European defence stocks, given his warnings to scale back U.S. military support
November 04, 2024
Loews Corp reported an increase in quarterly profit on Monday, helped by higher investment income and strong performance in its insurance unit.
November 04, 2024
U.S. equity funds saw substantial outflows in the week to Oct. 30 as investors exercised caution ahead of Tuesday's presidential election and a Federal Reserve policy decision on Wednesday
November 04, 2024
Marriott International cut its annual profit forecast on Monday as weak domestic travel in China overshadowed strong group and international demand,
November 04, 2024
U.S. stocks closed slightly lower after a choppy session on Monday, as investors prepared for a crucial week in which Americans will elect a new president and
November 04, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan With even the Federal Reserve meeting in the shade of Tuesday's election, markets have little to go other than last-minute opinion
November 04, 2024
With any other president, promises of less regulation and lower corporate taxes would have Wall Street's deal
November 04, 2024
Hedge funds focused on European stock markets suffered their largest monthly losses in over a year in October, dragged down by a broader market sell off, according
November 04, 2024
Trump Media's roller-coaster share price has served as something of a proxy for Republican presidential candidate Donald Trump's chances of election.
November 04, 2024
Indian billionaire Mukesh Ambani targets a 2025 Mumbai listing for his telecom business Jio, valued by analysts at over $100 billion, and
November 04, 2024
European shares dipped on Monday as losses in technology stocks offset gains in banks and oil shares, and the focus was on the U.S. presidential election.
November 04, 2024
Shares in Burberry rose as much as 8% on Monday after website Miss Tweed reported that Italy's Moncler was considering a bid for the London-listed luxury group to create an outdoor
November 04, 2024
Sweden should ease rules on mortgage borrowing and repayment which have made it harder for new buyers to get into the housing market, a government-appointed commission
November 04, 2024
EU antitrust regulators will decide by Dec. 6 whether to clear Novo Holdings' acquisition of contract drug manufacturer Catalent, according
November 04, 2024
Sharp falls in Ryanair ticket prices seen earlier this summer have eased significantly and Chief Executive Michael O'Leary is optimistic fares will return to
November 04, 2024
U.S. stock indexes drifted lower ahead of a momentous week full of potential flashpoints in Washington, D
November 04, 2024
The dollar softened and stocks fell on Monday as investors treaded carefully hours before the U.S. presidential election, with a U.S.
November 04, 2024
Oil prices climbed nearly 3% on Monday on OPEC+'s decision for a month's delay in plans to increase output, while investors also focused on the U.S. presidential
November 04, 2024
No.2 Australian mortgage lender Westpac said on Monday annual profit dipped as costs associated with a technology overhaul outweighed an improved loan
November 03, 2024
Most stock markets in the Gulf were subdued on Sunday after a report suggested Iran might be preparing a retaliatory strike on Israel from Iraqi territory in the coming
November 03, 2024
Warren Buffett is now sitting on more than $325 billion cash after continuing to unload billions of dollars worth of Apple and Bank of America shares this year and continuing to collect a steady stream of profits from all of Berkshire Hathaway’s assorted businesses without finding any major acquisitions
November 02, 2024
Warren Buffett and Berkshire Hathaway extended their retreat from stocks in the third quarter, further slashing holdings in Apple and boosting cash to a record $325.2
November 02, 2024
U.S. investment group KKR is in talks with troubled British utility Thames Water and its advisers about participating in a 3 billion pounds ($3.88 billion) share sale which forms part of a
November 02, 2024
Global hedge funds are coming into the U.S. presidential election with more equity leverage in their portfolios than they had in the beginning of the year, indicating higher risk
November 01, 2024
A double dose of potentially market-moving events arrives in the coming week as Americans vote on their next president and the Federal Reserve offers more
November 01, 2024
Trump loses $2.4 billion in net worth after his social media stock implodes right before the election
November 01, 2024
Investors have plowed money into funds tracking bitcoin, betting on a return of Republican Donald Trump to the White House even as they expect wild price swings
November 01, 2024
The world's second-biggest asset manager Vanguard said on Friday it had bought UK government bonds in the wake of the new Labour government's budget, taking
November 01, 2024
Just days ahead of the Nov. 5 presidential election in the U.S., investors are trying to gauge how stock markets will react as polls and betting platforms
November 01, 2024
U.S. oil producers Exxon Mobil and Chevron posted better-than-expected third-quarter profits on Friday, outperforming their European rivals, as record U.S. oil
November 01, 2024
Commercial real estate investment trust Simon Property Group missed market expectations for third-quarter funds from operations (FFO) on Friday, hurt by softer leasing demand at its mixed-
November 01, 2024
Dominion Energy beat Wall Street estimates for third-quarter profit on Friday, as the electric utilities company benefited from lower costs and steady electricity demand during hot weather
November 01, 2024
Political turmoil after Japan's ruling coalition lost its majority in a snap election last weekend could lead the Bank of Japan to delay its next interest rate
November 01, 2024
Cboe Global Markets reported better than expected third-quarter profit on Friday, helped by strong options trading as investors actively hedged against
November 01, 2024
Boeing shares gained 3.5% on Friday on bets that the planemaker's U.S.
November 01, 2024
Abbott Laboratories shares rose nearly 5% before the bell on Friday, after a jury cleared the company and a Reckitt unit of liability in a lawsuit over their premature baby formulas' risks
November 01, 2024
Enbridge's third-quarter profit more than doubled from a year ago, the Canadian energy infrastructure company said on Friday, citing incremental
November 01, 2024
Exxon Mobil’s third-quarter profit beat analysts’ expectations, as the oil and gas giant was helped by contributions from Pioneer Natural Resources, a recent acquisition
November 01, 2024
Exxon Mobil on Friday edged past Wall Street's third quarter profit estimate, boosted by strong oil output in its first full quarter that includes
November 01, 2024
Biden is beating Trump on stocks. History shows markets do better under Democrats
November 01, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan With next week's U.S. election now dominating thinking, the last two megacap earnings reports of the week appear to have calmed the
November 01, 2024
Wall Street's major indexes ended higher on Friday, rebounding from the previous day's sell-off as Amazon's strong earnings countered a significant drop in U.S. job
November 01, 2024
Europe's main stock index notched its biggest one-day gain in five weeks on Friday, as banks led an overall market rebound after recent declines, with
November 01, 2024
Angola's government anticipates a budget deficit of 1.65% of gross domestic product in 2025, slightly higher than this year's projected 1.46% deficit, draft budget documents showed.
November 01, 2024
Frankfurt-listed shares of "Magnificent 7" stocks Apple and Amazon were broadly steady on Friday, in light volumes after both companies reported quarterly earnings after-market on
November 01, 2024
Japan's Nomura Holdings more than doubled its quarterly profit on Friday, boosted by strong performance at its wholesale and wealth management businesses during a
November 01, 2024
A look at the day ahead in European and global markets from Stella Qiu Asian markets started what promises to be a momentous month on the cautious side, with investors shunning risk assets ahead of
November 01, 2024
Japanese trading house Mitsubishi sees its liquefied natural gas (LNG) output capacity growing by 5 million metric tons per year to over 17 million tons early in
November 01, 2024
Amazon led U.S. stock indexes higher, while a surprisingly weak jobs report marred by some unusual occurrences cemented bets on Wall Street for another cut to interest rates next week
November 01, 2024
U.S. job growth almost stalled in October as strikes in the aerospace industry depressed manufacturing employment while hurricanes shortened the collection
November 01, 2024
Tokyo's high court has ruled the fair value of FamilyMart shares was 13% higher than Itochu's buyout offer, in another landmark win for
November 01, 2024
Global stock indexes climbed on Friday with Amazon.com shares rallying following the company's stronger-than-expected results, while 10-year Treasury
November 01, 2024
Macquarie Group, Australia's biggest investment bank by assets, posted first-half profit on Friday that fell short of analyst estimates as stabilising
October 31, 2024
Art the Clown from ‘Terrifier 3’ torments the Nasdaq on Halloween as closing bell ceremony guest
October 31, 2024
Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates
October 31, 2024
U.S. oil and gas producer Coterra Energy missed Wall Street estimates for third-quarter profit on Thursday due to weaker commodity prices.
October 31, 2024
BlackRock Inc. on Wednesday filed an application with the U.S.
October 31, 2024
Bond trading platform Tradeweb plans to extend trading hours on Nov. 6, the day after the U.S. presidential election, and offer overnight support on Election Day.
October 31, 2024
LONDON - Private equity giant Carlyle Group has sold its majority holdings in Tunisia-focused oil and gas producer Mazarine Energy to the company's CEO Edward van Kersbergen, Mazarine said on Thursday
October 31, 2024
Nikola reported a bigger-than-expected quarterly loss on Thursday as the company continues to grapple with high costs related to the production ramp up of its fuel-cell electric truck,
October 31, 2024
With inflation now only just above the Federal Reserve's 2% target and wage pressures easing, U.S. central bankers are widely expected to cut short-term borrowing costs next
October 31, 2024
Altria Group beat market expectations for third-quarter revenue and profit on Thursday, as robust demand for its nicotine pouches and e-cigarettes helped soften the hit to its cigarettes
October 31, 2024
Payments processor Mastercard reported a better-than-expected profit for the third quarter on Thursday, as customers encouraged by economic
October 31, 2024
Norwegian Cruise Line Holdings joined rival Royal Caribbean in raising its annual profit forecast for a fourth time on Thursday, encouraged by record
October 31, 2024
Intercontinental Exchange reported third-quarter profit in line with expectations on Thursday, as strong
October 31, 2024
U.S. drugmaker Regeneron Pharmaceuticals on Thursday reported weaker-than-expected quarterly sales of the higher dose version of its blockbuster eye disease drug Eylea,
October 31, 2024
Bristol Myers Squibb reported a higher-than-expected third-quarter profit on Thursday, citing strong sales of established drugs like blood thinner Eliquis and cancer
October 31, 2024
Uber Technologies signaled a further slowdown in its mainstay app-based taxi business as it forecast fourth-quarter gross bookings below Wall Street estimates, sending its
October 31, 2024
Estee Lauder shares slumped as much as 27% on Thursday, after it pulled its annual sales and profit forecasts and cut its dividend as it faces an uncertain outlook
October 31, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Cloudy outlooks from U.S. megacaps Microsoft and Meta combined with edgy government bond markets around the world to unsettle
October 31, 2024
U.S. industry and other groups have sued to overturn rules adopted under Securities and Exchange Commission (SEC) Chair Gary Gensler, with knock-on implications for
October 31, 2024
Cigna projected 2025 profit growth of at least 10% on Thursday, after posting quarterly results that beat Wall Street expectations, driven by strong demand for its specialty
October 31, 2024
Shares of Robinhood Markets fell 14% on Thursday after more than doubling in value this year, as incentives aimed to attract customer assets hurt the retail
October 31, 2024
Five years ago, Chevron CEO Michael Wirth won Wall Street acclaim as the No.
October 31, 2024
All three U.S. stock indexes closed lower on Thursday after Microsoft and Meta Platforms highlighted growing artificial intelligence costs that could hit their
October 31, 2024
China's central bank has injected 500 billion yuan ($70.24 billion) into its banking system during October through a new reverse repurchase tool announced earlier this week, the
October 31, 2024
Most major stock markets in the Gulf rose in early trade on Thursday, buoyed by hopes for a potential ceasefire deal between Israel and Hezbollah.
October 31, 2024
Europe's STOXX 600 slumped over 1% on Thursday, notching the steepest monthly decline in a year, dragged down by bleak corporate earnings and as
October 31, 2024
Frankfurt-listed shares in Microsoft and Meta both fell in early trading on Thursday, even as earnings at the two U.S. tech groups beat Wall Street expectations.
October 31, 2024
Bottler Coca-Cola HBC raised its annual forecast and exceeded market estimates for third-quarter organic revenue growth on Thursday, supported by strong demand for energy,
October 31, 2024
French oil major TotalEnergies third-quarter profit hit a three-year low of $4.1 billion on Thursday, slightly missing expectations as refining margins and
October 31, 2024
Shell reported on Thursday third-quarter profits of $6 billion that exceeded forecasts by 12% as higher liquefied natural gas (LNG) sales offset a sharp drop in oil
October 31, 2024
Reduced shipments and lower pricing power slashed Stellantis revenue by 27% in the third quarter, the automaker said as it seeks to fix
October 31, 2024
European chipmaker STMicroelectronics (ST) on Thursday trimmed its revenue outlook for the third time this year amid weak demand from industrial clients, and said growth
October 31, 2024
BNP Paribas shares dropped sharply on Thursday as third-quarter results from its investment banking division, lower than expected capital buffers and weaker than
October 31, 2024
Big investors including Norway's sovereign wealth fund Norges and Fidelity have placed bids worth more than $15 billion in Swiggy's India IPO,
October 31, 2024
Japanese investors sold overseas assets for a third straight week through Oct. 26, cashing in on the yen's sharp decline amid U.S. election uncertainties and reduced expectations of big
October 31, 2024
A look at the day ahead in European and global markets from Kevin Buckland Mega-tech earnings remain in the spotlight on Thursday, particularly after the Bank of Japan's as-expected decision to hold
October 31, 2024
Australia's biggest banks are expected to report lower annual earnings next week, with investors focused on whether intense competition in lending and the rising costs of
October 31, 2024
World stock indexes dropped on Thursday, with the Nasdaq ending more than 2% lower after Meta Platforms and Microsoft warned of rising costs for artificial
October 31, 2024
Japan's Denso, a leading supplier to Toyota, slashed its full-year operating profit forecast by 21% on Thursday, mainly due to less-favourable conditions in China and wider Asia, and
October 31, 2024
Shares of Korea Zinc slumped for a second straight session on Thursday, after a decision by the world's top zinc refiner to issue new stocks.
October 30, 2024
Private equity firm Blackstone Inc is bidding C$7 billion ($5.03 billion) for a minority stake in telecom and media company Rogers Communications's cellphone infrastructure business, the
October 30, 2024
Equinix forecast fourth-quarter revenue above Wall Street estimates on Wednesday, driven by steady demand for its data center services amid the continuing surge in artificial intelligence
October 30, 2024
A judge ordered all parties, including Elon Musk, to attend a court hearing in Philadelphia on Thursday in a lawsuit seeking to stop a political action committee
October 30, 2024
MGM Resorts International missed market expectations for third-quarter profit and revenue on Wednesday, hurt by weak sales in its Las Vegas casino business, sending its shares down more
October 30, 2024
MetLife reported a fall in third-quarter adjusted profit on Wednesday, owing to weak performance in the insurer's group benefits business, sending its shares down 5.5% after the bell.
October 30, 2024
The Bank of Japan maintained ultra-low interest rates on Thursday but said risks around the U.S. economy were somewhat subsiding, signalling that
October 30, 2024
Fertilizer maker CF Industries on Wednesday reported a 68% rise in third-quarter profit, aided by strong prices for nitrogen fertilizers.
October 30, 2024
Starbucks on Wednesday reported a 7% drop in global comparable sales for the fourth quarter as the coffee chain struggles to revive demand for its pricey lattes in the key U.S. and China
October 30, 2024
Trump loses $1.3 billion in net worth after the worst-ever day for his social media stock
October 30, 2024
A pivotal actor in the meme stock craze that began during the pandemic continues to hold a powerful sway over the movement of shares in major U.S. corporations
October 30, 2024
Super Micro Computer said on Wednesday Ernst & Young had resigned as its auditor, sending its shares tumbling more than 30% and deepening investor worries about accounting practices at the
October 30, 2024
Eli Lilly is dialing back its 2024 forecast after underwhelming Wall Street with third-quarter earnings and sales from two key drugs that missed expectations
October 30, 2024
Shares of Chewy slid close to 2% in overnight trading after a regulatory filing revealed that the meme stock trader known as Roaring Kitty had sold his stake in the online pet store
October 30, 2024
OPEC+ could delay December's planned increase to oil production by a month or more, four sources close to the matter
October 30, 2024
Global Payments will sell its medical software business, AdvancedMD, to investment firm Francisco Partners for $1.13 billion, the companies said on Wednesday, as the
October 30, 2024
Chinese electric vehicle maker BYD posted an 11.5% rise in third-quarter net profit on Wednesday
October 30, 2024
Shares of online ad sellers surged on Wednesday as strong earnings from Google-parent Alphabet, Reddit and Snap signaled solid spending from brands
October 30, 2024
Biogen raised its annual profit forecast on Wednesday, as new treatments and cost-cutting measures offset declining sales of its multiple sclerosis drugs.
October 30, 2024
Eli Lilly's high profile weight-loss and diabetes drugs fell short of Wall Street sales estimates on Wednesday as supplies sat in warehouses, a 180-
October 30, 2024
Caterpillar on Wednesday trimmed its annual revenue forecast again on weakness in Europe and Asia/Pacific and lower equipment stocking by
October 30, 2024
Humana beat Wall Street estimates for third-quarter profit on Wednesday as it added more members than expected in its government-backed Medicare Advantage
October 30, 2024
Estee Lauder named insider Stephane de La Faverie its new CEO on Wednesday, as the company looks to revamp its business amid falling demand for cosmetics and premium fragrances with
October 30, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Markets struggling which way to look will be dizzy again in an event-strewn Wednesday but the spotlight first thing drops on
October 30, 2024
Ford Motor stock has tumbled about 8% so far this week after the company faltered on CEO Jim Farley's mission to improve efficiency in its traditional gasoline-engine
October 30, 2024
U.S. stock indexes closed lower on Wednesday as chip stocks tumbled and investors awaited a host of corporate earnings.
October 30, 2024
Advanced Micro Devices shares fell 8% on Wednesday after the chip company's revenue forecast failed to impress investors looking for a bigger windfall from the AI boom.
October 30, 2024
Shares in Campari were on course for their biggest single-day drop in more than four years on Wednesday after the Italian spirits group significantly missed analysts'
October 30, 2024
China's largest lenders posted increases in their third-quarter profits on Wednesday, mostly on reduced provisions, with slimmer net interest margins for some.
October 30, 2024
Stock markets in the Middle East ended mixed on Wednesday, while the Qatari index tumbled ahead of a constitutional amendment referendum.
October 30, 2024
Google-parent Alphabet's breakout cloud sales in the July-September quarter bode well for top cloud providers Microsoft and Amazon.com, and signal that market for AI-
October 30, 2024
British luxury carmaker Aston Martin reported a smaller-than-expected third-quarter loss on Wednesday and reaffirmed its annual forecast, saying supply disruptions that had caused factory
October 30, 2024
Shares of Google parent Alphabet rose 1.8% in Frankfurt on Wednesday a day after the company said its AI investments were "paying off" as its earnings and revenue came in ahead of
October 30, 2024
A subsidiary of Russia's gas major Gazprom has filed a claim for 85.7 billion roubles ($879 million) against global industrial gases and engineering company Linde and its subsidiaries,
October 30, 2024
Volkswagen asked its workers to take a 10% pay cut on Wednesday, arguing it was the only way that Europe's biggest carmaker could
October 30, 2024
Norwegian telecom operator Telenor raised its full-year outlook after it reported third-quarter earnings slightly ahead of market expectations on
October 30, 2024
Amundi, Europe's biggest fund manager, posted in-line quarterly inflows on Wednesday, driven by sustained demand for risk-averse products and its Asian operations
October 30, 2024
Renewable energy shares, reeling from an investor retreat, face extended uncertainty as the U.S. election has added to wariness, leaving only selected stocks poised
October 30, 2024
A look at the day ahead in European and global markets from Rae Wee Investors will have a full calendar of major releases to digest on Wednesday, from bank and Big Tech earnings to a UK budget, along
October 30, 2024
Hong Kong saw fresh records of home-buying from mainland Chinese in the first three-quarters following efforts by the financial city to attract foreign professionals and remove
October 30, 2024
U.S. stock indexes edged lower after drops for Eli Lilly and chip companies overshadowed a jump for Google’s parent company
October 30, 2024
Standard Chartered said it will double investment in its wealth unit while paring back retail banking, as it lifted performance targets and
October 30, 2024
Charles Schwab Corp plans to expand the availability of 24-hour trading to include all stocks in major U.S. indexes as well as hundreds of ETFs beginning in about two
October 30, 2024
Shares in Korea Zinc fell as much as 29.9% to their daily lower limit on Wednesday after the world's top zinc refiner said it planned to issue new stock
October 30, 2024
The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates
October 30, 2024
Embattled casino operator Star Entertainment slumped on Wednesday, after swinging to a first-quarter loss and reporting a drop in revenue, adding to the rising
October 29, 2024
Asset management giant BlackRock has emerged as the sole bidder in talks to acquire private credit firm HPS Investment Partners, Bloomberg News reported on Tuesday, citing people with
October 29, 2024
Investors are selling yen and taking shelter in cash, India, pockets of China's markets and Singapore dollars ahead of a U.S. election
October 29, 2024
China's currency and equities will bear the brunt of a protectionist shift in the U.S. and are seen trading sensitively to the election's trade and foreign policy implications.
October 29, 2024
A look at the day ahead in Asian markets.
October 29, 2024
Australian grocer Woolworths warned first-half profit from its main Australian food division would dip as a hunt for bargains and intense scrutiny of
October 29, 2024
Australia's Lynas Rare Earths reported a nearly 6% decline in first-quarter revenue on Wednesday due to falling prices for strategic minerals and muted demand.
October 29, 2024
Online ad sellers added over $100 billion stock market value late on Tuesday after upbeat quarterly results from Alphabet, Reddit and Snap lifted investor optimism ahead of reports from
October 29, 2024
A union representing about 33,000 striking U.S.
October 29, 2024
A federal appeals court says the National Labor Relations Board was wrong to order that Tesla CEO Elon Musk delete a 2018 social media post that union leaders saw as a threat to employee stock options
October 29, 2024
Caesars Entertainment posted a surprise third-quarter loss on Tuesday, missing market expectations, as sales were hurt by new competition and construction-related disruptions in regional
October 29, 2024
U.S. solar panel maker First Solar lowered its sales forecast for the current year on Tuesday, even after reporting a rise in third-quarter profit helped by higher prices following
October 29, 2024
Keith Gill, the stock influencer known as Roaring Kitty, has dissolved his entire stake in pet products retailer Chewy, a filing with the U.S. SEC showed on Tuesday.
October 29, 2024
Chipotle Mexican Grill on Tuesday missed market expectations for third-quarter same-store sales growth as higher menu prices hurt demand, while
October 29, 2024
Snap beat Wall Street expectations for both quarterly revenue and user growth on Tuesday, as the parent company of messaging app Snapchat has been able to lure back some
October 29, 2024
Visa beat Wall Street expectations for fourth-quarter profit on Tuesday, as consumers set aside worries of a slowing economy and swiped their cards to splurge on
October 29, 2024
Mondelez International on Tuesday beat third-quarter revenue and profit estimates, as the Cadbury parent's efforts to provide its products at different price points
October 29, 2024
Mexican state-owned oil company Pemex reported a deeper $8.2 billion third-quarter net loss on Tuesday, hurt mostly by a weaker exchange rate
October 29, 2024
A boost from COVID-19 treatment sales helped bush Pfizer to a better-than-expected third quarter and higher forecast for the year
October 29, 2024
JetBlue Airways forecast a bigger-than-expected fall in 2024 revenue amid a moderation in domestic travel demand ahead of the upcoming U.S. elections, sending its shares down 14% in early
October 29, 2024
U.S. defense contractor Leidos Holdings raised its annual profit and revenue forecasts on Tuesday, banking on strong worldwide weapons demand amid growing geopolitical tensions.
October 29, 2024
PayPal forecast fourth-quarter revenue below estimates on Tuesday as the digital payments company shifts its focus from aggressive growth to high-margin
October 29, 2024
Ford Motor shares fell as much as 10.4% on Tuesday after the automaker tempered its full-year profit forecast, blaming supplier disruptions and warranty costs amid a global
October 29, 2024
Shares of Vans maker VF Corp surged 22% in premarket trading on Tuesday after turning a profit following two quarters of losses, prompting investors to bet on a faster-than-expected
October 29, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Even as public borrowing estimates were shaved on Monday, U.S.
October 29, 2024
Ahead of the U.S. presidential election next week, investors in interest rate options are putting on trades that will pay off if rates remain elevated,
October 29, 2024
The Nasdaq scored a record closing high and the S&P 500 rose on Tuesday, while the Dow fell as investors digested a host of corporate earnings and awaited Google-
October 29, 2024
Norway's sovereign wealth fund said on Tuesday it has bought a 97.7% stake in an office property in Menlo Park in the San Francisco bay area for $217 million, in a joint venture
October 29, 2024
Most stock markets in the Gulf ended higher on Tuesday as a slew of corporate earnings lifted investor sentiment, although regional tensions limited gains.
October 29, 2024
Europe's main stock index dropped on Tuesday, bruised by a handful of bleak quarterly results from industry majors such as energy giant BP, drugmaker
October 29, 2024
Top Adidas shareholder Groupe Bruxelles Lambert has cut its stake in the German sportswear company to 3.51%, Adidas announced in filings on Tuesday.
October 29, 2024
With just over two months left in 2024, the S&P 500 is poised to post its biggest annual gain this century.
October 29, 2024
A look at the day ahead in European and global markets from Kevin Buckland Earnings are very much front and centre on Tuesday, particularly with markets mostly treading water as a huge week of event
October 29, 2024
HSBC Holdings beat third quarter profit expectations on Tuesday thanks to rising wealth and wholesale banking revenue, but kept investors
October 29, 2024
Rising technology stocks sent the Nasdaq composite to a record, but trading was mixed along the rest of Wall Street
October 29, 2024
Global stock indexes mostly rose on Tuesday, with the Nasdaq scoring a record closing high ahead of key earnings reports this week, while Treasury yields
October 29, 2024
Japan's Finance Minister Katsunobu Kato reiterated on Tuesday that the authorities would be vigilant to foreign exchange moves, including those driven by speculators.
October 29, 2024
Gary Gensler, chair of the U.S.
October 28, 2024
Utility firm NextEra Energy said on Monday it intends to raise $1.5 billion through the sale of equity units to fund new projects.
October 28, 2024
Vans parent VF Corp turned a profit after two consecutive quarterly losses and beat second-quarter sales estimates on Monday, benefiting from sequential improvement in its direct-to-
October 28, 2024
Ford Motor said on Monday it expects to hit the lower end of its full-year profit guidance, dropping the company's shares 5% in after-hours trading, as a
October 28, 2024
JPMorgan Chase, the largest U.S. bank, has begun suing customers for check fraud, saying they improperly withdrew funds by taking illegal advantage of a
October 28, 2024
Cosmetics giant Estee Lauder has picked senior executive Stéphane de La Faverie to take over as its CEO, the Wall Street Journal reported on Monday, citing people familiar with the matter.
October 28, 2024
Boeing is looking to raise up to approximately $19 billion in a stock offering as the aerospace giant, which is dealing with a contentious strike, faces liquidity issues and tries to raise cash
October 28, 2024
Boeing launched a stock offering that could raise up to $24.3 billion as the planemaker looks to strengthen its finances squeezed by a more than six-week strike by factory
October 28, 2024
Wall Street closed higher on Monday ahead of a packed week of earnings from megacap companies and the final stretch before the Nov. 5 presidential election, while
October 28, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan A monster Halloween week of critical market events kicked off with a sharp slide in both crude oil prices and Japan's yen as tensions
October 28, 2024
By Abhirup Roy Tesla CEO Elon Musk stunned investors and analysts with plans to grow vehicle sales by 30% next year, buoyed by a new, cheaper model and enthusiasm for self-driving software, but
October 28, 2024
Pfizer's quarterly financial report on Tuesday comes at a critical moment for the U.S. drugmaker and its CEO, as activist hedge fund Starboard Value ramps up the
October 28, 2024
Most stock markets in the Gulf ended higher on Monday as tensions eased after Iran played down Israel's strikes on military targets over the weekend, saying the air attack
October 28, 2024
By Bart H.
October 28, 2024
Exxon Mobil pulls out of talks with Guyana over shallow water oil block, gov says
What's next for Gautam Adani after U.S. bribery, fraud charges?
Legal hurdles ahead for Google's forced sale of Chrome
Biden's shift on missiles for Ukraine informed by North Korean troops in Kursk, Trump's election victory
Penn State wins trademark case over retailer's use of vintage logos, images
Stephen Silas coaching USA Basketball in AmeriCup qualifying games this weekend
Pep Guardiola signs a 2-year contract extension at Manchester City