Today: September 20, 2024
Today: September 20, 2024

Stock Markets

Economy|Finance|Stock Markets

Buckle up: Wall Street’s shaky July could be a preview for more sharp swings

For more than a year, the U.S. stock market went in mostly one direction, up, and in mostly one manner, quietly

Buckle up: Wall Street’s shaky July could be a preview for more sharp swings
Business|Economy|Finance|Stock Markets

NYSE-parent ICE beats profit views, helped by boost in energy trading

Intercontinental Exchange on Thursday reported a quarterly profit rise of 9% that topped analyst estimates, helped by robust trading in energy markets.

NYSE-parent ICE beats profit views, helped by boost in energy trading
Business|Economy|Finance|Stock Markets

ConocoPhillips beats Q2 profit, reaffirms shareholder return for 2024

U.S. oil and gas producer ConocoPhillips' second-quarter profit beat Wall Street estimates on Thursday, benefiting from higher output and commodity prices.

ConocoPhillips beats Q2 profit, reaffirms shareholder return for 2024
Business|Finance|Stock Markets

Carvana shares surge on robust 2024 core profit forecast

Shares of Carvana surged nearly 15% a day after the used car retailer forecast annual core profit above Wall Street estimates, as more car buyers consider shopping online.

Carvana shares surge on robust 2024 core profit forecast
Economy|Finance|Stock Markets

Stocks slump in August kick-off as data reignites slowdown worries

U.S. stocks kicked off August sharply lower after a round of economic data on Thursday spurred concerns the economy may be slowing faster than anticipated

Stocks slump in August kick-off as data reignites slowdown worries
Economy|Finance|Stock Markets

Fed nods to cut, chips rebound, BoE up next

A look at the day ahead in U.S. and global markets from Mike Dolan The Federal Reserve left Wall Street with little doubt about a first U.S. interest rate cut in seven weeks' time, but multiple cross-

Fed nods to cut, chips rebound, BoE up next
Asia|Finance|Stock Markets

Japanese stocks see biggest weekly foreign outflow in 10 months

Japanese stocks witnessed heavy foreign outflows in the week to July 26, as a strengthening yen and a sell-off in global technology stocks dampened investor sentiment.

Japanese stocks see biggest weekly foreign outflow in 10 months
Asia|Economy|Finance|Stock Markets

Stock market today: Worries about the economy hit Wall Street, and the Dow drops nearly 500 points

U.S. stocks tumbled after weak data raised worries the Federal Reserve may have missed its window to cut interest rates before undercutting the economy’s growth

Stock market today: Worries about the economy hit Wall Street, and the Dow drops nearly 500 points
Business|Economy|Finance|Stock Markets

LSEG income surges as Microsoft joint venture moves to next stage

London Stock Exchange Group's income rose strongly in the first half, beating analysts' expectations, helped by progress with its Microsoft joint venture, as well as a

LSEG income surges as Microsoft joint venture moves to next stage
Business|Economy|Europe|Finance|Stock Markets|Technology

Meta rallies as strong ad revenue cushions AI spending

Meta soared nearly 9% on Thursday after its rosy revenue growth signaled that strong digital-ad spending on its social media platforms can cover the

Meta rallies as strong ad revenue cushions AI spending
Asia|Economy|Stock Markets|Technology

Stocks sell off as US data sparks worry, yields plunge

Global equities dropped on Thursday, with Wall Street's major indexes selling off as U.S. data sparked economic worries and financial

Stocks sell off as US data sparks worry, yields plunge
Business|Finance|Stock Markets|Technology

CrowdStrike is sued by shareholders over huge software outage

CrowdStrike has been sued by shareholders who said the cybersecurity company defrauded them by concealing how its inadequate software testing could cause the July 19

CrowdStrike is sued by shareholders over huge software outage
Business|Finance|Stock Markets|Technology

Facebook parent Meta sees strong global ad sales while keeping AI costs in check

Meta Platforms beat market expectations for second-quarter revenue on Wednesday and issued a rosy sales forecast for the third quarter, signaling that robust

Facebook parent Meta sees strong global ad sales while keeping AI costs in check
Economy|Finance|Stock Markets

Billionaire Ackman pulls IPO of Pershing Square USA days before debut

Billionaire investor Bill Ackman scrapped the launch of Pershing Square USA on Wednesday, days before the fund was slated to begin trading on the New York Stock

Billionaire Ackman pulls IPO of Pershing Square USA days before debut
Business|Economy|Finance|Stock Markets

BorgWarner's second-quarter profit beats on auto parts demand

BorgWarner beat Wall Street expectations for second-quarter profit and raised its annual earnings forecast on Wednesday as the auto parts supplier benefited from sustained demand, sending

BorgWarner's second-quarter profit beats on auto parts demand
Business|Finance|Stock Markets|Technology

Pinterest plunges as gloomy forecast dampens revenue rebound hopes

Pinterest shares tumbled nearly 10% on Wednesday after a muted third-quarter outlook dashed expectations for a stabilization in its revenues, as heightened

Pinterest plunges as gloomy forecast dampens revenue rebound hopes
Business|Finance|Stock Markets|Technology

S&P 500, Nasdaq boosted by chip rally, Fed rate cut signals

The S&P 500 and Nasdaq scored their biggest daily percentage gains since Feb. 22 and the Dow rose on Wednesday as chip stocks rallied and the Federal Reserve kept

S&P 500, Nasdaq boosted by chip rally, Fed rate cut signals
Business|Europe|Finance|Stock Markets|Technology

ASML jumps on hopes it will be spared in next round of US-China chip fight

Shares in ASML, the largest maker of equipment used to manufacture computer chips, jumped on Wednesday following a Reuters report that signalled it may be spared

ASML jumps on hopes it will be spared in next round of US-China chip fight
Election|Finance|Stock Markets

Crypto players ready wishlist for potential second Trump administration

When former U.S. president Donald Trump promised a bitcoin conference on Saturday that if reelected he would fire Securities and Exchange Commission Chair Gary Gensler, a

Crypto players ready wishlist for potential second Trump administration
Business|Europe|Finance|Stock Markets|Technology

Microsoft shares fall in Frankfurt after disappointing update

Microsoft's Frankfurt-listed shares fell 2.7% at the open on Wednesday following a disappointing update.

Microsoft shares fall in Frankfurt after disappointing update
Asia|Stock Markets|Technology

Stocks rise; yields, dollar lower as Fed signals rate cut

MSCI'S global equities index registered its biggest daily gain in over five months on Wednesday and the dollar slightly pared losses after the U.S.

Stocks rise; yields, dollar lower as Fed signals rate cut
Business|Economy|Stock Markets|Technology

Nvidia shares surge 13%, lift market value a record $330 billion

Nvidia added about $330 billion in stock market value on Wednesday, a record one-day gain for any company on Wall Street after Microsoft and Advanced Micro Devices

Nvidia shares surge 13%, lift market value a record $330 billion
Business|Finance|Stock Markets|Technology

Pinterest forecasts downbeat revenue as competition grows; shares slump

Pinterest forecast current-quarter revenue below Wall Street expectations on Tuesday as the image-sharing platform faces tough competition in a stabilizing digital advertising

Pinterest forecasts downbeat revenue as competition grows; shares slump
Economy|Finance|Stock Markets

Drop in Magnificent Seven could drag down U.S. stocks, top fund manager says

U.S. stocks could drop by between 10% and 13% this year, dragged down by a selloff in seven mega-cap stocks that previously pushed broader markets to record highs,

Drop in Magnificent Seven could drag down U.S. stocks, top fund manager says
Business|Stock Markets|Technology

CrowdStrike down after report Delta Air to seek compensation over IT outage

Shares of CrowdStrike fell more than 8% on Tuesday after a report Delta Air Lines will seek compensation from the cybersecurity firm over the recent global IT outage that crippled

CrowdStrike down after report Delta Air to seek compensation over IT outage

Follow