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

Stock Markets

Business|Finance|Stock Markets|Technology

Alphabet falls as margin fears, YouTube slowdown eclipse AI boost

Alphabet fell more than 3% on Wednesday on fears that its rising investments in AI infrastructure would squeeze margins and YouTube was facing tough

Alphabet falls as margin fears, YouTube slowdown eclipse AI boost
Business|Finance|Stock Markets|Technology

Tesla's bleak margins sink shares as Musk hypes everything but cars

Tesla shares tumbled 12% on Wednesday, evaporating almost $100 billion in stock market value after CEO Elon Musk's talk of humanoid robots and

Tesla's bleak margins sink shares as Musk hypes everything but cars
Asia|Australia|Economy|Finance|Stock Markets

Stock market today: Asian shares dive after a wipeout on Wall Street as Big Tech skids

Asian shares have dropped morning trading, with Tokyo’s benchmark losing more than 1,000 points at one point and closing 3.3% lower, as pessimism set in over Wall Street's overnight nose-dive

Stock market today: Asian shares dive after a wipeout on Wall Street as Big Tech skids
Economy|Finance|Stock Markets|Technology

S&P and Nasdaq close at multi-week lows as Tesla, Alphabet weigh heavily

The S&P 500 and Nasdaq ended at multi-week lows on Wednesday, with the S&P snapping one of its longest streaks without a daily decline of more than 2%, as lackluster

S&P and Nasdaq close at multi-week lows as Tesla, Alphabet weigh heavily
Business|Europe|Finance|Stock Markets

LVMH shares drop after missing second-quarter estimates

Shares in LVMH fell as much as 6.5% in early Wednesday trade and were on track for their biggest one-day drop since October 2023 after second-

LVMH shares drop after missing second-quarter estimates
Asia|Economy|Finance|Stock Markets|Technology

Stocks dragged down by megacap tech, oil edges higher

Stocks sagged worldwide on Wednesday as earnings from Tesla and European luxury brands disappointed, while oil prices edged higher after

Stocks dragged down by megacap tech, oil edges higher
Business|Finance|Stock Markets

Insurance broker TWFG's shares rise nearly 30% in market debut

Insurance broker TWFG's shares gained nearly 30% in their Nasdaq debut on Thursday, signaling strong investor demand for new stocks as the U.S. initial public offering market aims for a

Insurance broker TWFG's shares rise nearly 30% in market debut
Economy|Finance|Stock Markets|Technology

Volatility resurfaces, tech outage rankles

A look at the day ahead in U.S. and global markets from Mike Dolan Volatility is resurfacing as a turbulent week for world markets and politics was met on Friday with a global tech outage that's

Volatility resurfaces, tech outage rankles
Business|Finance|Stock Markets|Technology

KKR-backed OneStream prices US IPO above range to raise $490 million, sources say

Financial software maker OneStream, which is backed by private equity firm KKR, priced its U.S. initial public offering (IPO) above its indicated range on Tuesday,

KKR-backed OneStream prices US IPO above range to raise $490 million, sources say
Asia|Business|Finance|Stock Markets|Technology

Big tech in focus, Harris neutralizes Trump's lead in poll

A look at the day ahead in Asian markets by Alden Bentley Markets were subdued ahead of second quarter earnings from Alphabet and Tesla released after the close

Big tech in focus, Harris neutralizes Trump's lead in poll
Business|Finance|Stock Markets|Technology

TI beats quarterly profit estimates as chip demand turns steady

Texas Instruments beat analysts' estimates for second-quarter profit on Tuesday, powered by stabilizing demand for analog chips from markets such as personal electronics

TI beats quarterly profit estimates as chip demand turns steady
Economy|Election|Finance|Stock Markets

As investors eye US presidential race, JPMorgan exec says focus should be on policies

U.S. equity markets will remain volatile ahead of the country's November presidential election, but the policies of the two candidates should take

As investors eye US presidential race, JPMorgan exec says focus should be on policies
Business|Finance|Stock Markets

Tesla shares could swing 10% either way after earnings, options show

Traders in the options market expect Tesla shares to swing by nearly 10% in either direction by Friday, options data showed.

Tesla shares could swing 10% either way after earnings, options show
Finance|Stock Markets

Small-caps rally ignites options frenzy, but strategists urge caution

U.S. small-cap stocks' long-awaited rally has ignited record trading in options contracts that would benefit from their persistent strength, though some

Small-caps rally ignites options frenzy, but strategists urge caution
Business|Economy|Stock Markets|Technology

NXP slides as weak forecast stokes demand worries among auto chipmakers

Shares of NXP Semiconductors fell 9% on Tuesday and dragged other automotive semiconductor companies lower, as its disappointing quarterly revenue forecast sparked

NXP slides as weak forecast stokes demand worries among auto chipmakers
Economy|Finance|Stock Markets|Technology

Barclays raises 2024 S&P 500 target to 5,600 from 5,300

Barclays on Tuesday lifted its 2024 target for the benchmark S&P 500 index to 5,600 from 5,300 as it expects strong profit growth for mega-cap technology firms.

Barclays raises 2024 S&P 500 target to 5,600 from 5,300
Economy|Finance|Health|Stock Markets

Hospital operator HCA lifts annual profit forecast on strong demand

HCA Healthcare lifted its annual profit forecast on Tuesday due to strong demand for medical care and higher admissions, sending shares of the largest for-profit U.S.

Hospital operator HCA lifts annual profit forecast on strong demand
Economy|Finance|Stock Markets

Energy sector drags TSX lower head of BoC rate decision

Canada's main stock index fell on Tuesday as a drop in oil prices weighed on energy shares, but the move was limited ahead of a potential interest rate cut by the Bank of

Energy sector drags TSX lower head of BoC rate decision
Economy|Finance|Stock Markets

Megacaps report, Harris in frame, China wobbles

A look at the day ahead in U.S. and global markets from Mike Dolan Monday's Wall Street bounce saw some relief precede the first two earnings reports from the "Magnificent 7" megacap stocks, while U.S

Megacaps report, Harris in frame, China wobbles
Finance|Stock Markets

Wall St ends slightly lower with Big Tech earnings on deck

Wall Street's main indexes ended slightly lower on Tuesday, having given up meager intraday gains in the final minutes of trading, as investors switched their focus to the

Wall St ends slightly lower with Big Tech earnings on deck
Asia|Economy|Finance|Stock Markets

Stock market today: Asian stocks fall after a torrent of profit reports leaves Wall Street mixed

Asian stocks are mostly lower as markets digest Japanese and Australian business data, while U.S. stocks held relatively steady as earnings reporting season ramped up for big companies

Stock market today: Asian stocks fall after a torrent of profit reports leaves Wall Street mixed
Economy|Finance|Political|Stock Markets

Cracks in US stock market calm boost allure of portfolio protection

Investors are eyeing portfolio protection from a potentially rough stretch in U.S. stocks as they face political uncertainty, big tech earnings and seasonal weakness.

Cracks in US stock market calm boost allure of portfolio protection
Asia|Business|Stock Markets|Technology

South Korean tech giant Kakao's founder arrested in stock price manipulation case

South Korean prosecutors have arrested the founder of the country’s tech giant Kakao Corp. on suspicion of stock price rigging during his company’s takeover of a major K-pop agency last year

South Korean tech giant Kakao's founder arrested in stock price manipulation case
Asia|Economy|Stock Markets|Technology

World shares edge down, US yields fall as markets eye earnings, economic data

Global stocks edged lower after paring early gains while U.S. bond yields dropped on Tuesday as markets awaited economic data and a plethora of corporate earnings,

World shares edge down, US yields fall as markets eye earnings, economic data
Europe|Finance|Stock Markets

France urges Europe to step up work on faster stock market settlements

The Bank of France and the country's financial market regulator urged Europe on Monday to step up work on halving the time needed to settle a stock trade, which would allow Europe to

France urges Europe to step up work on faster stock market settlements

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