Micron tumbles as AI revenue surge falls short of lofty expectations
Micron shares fell 5% in early trading on Thursday after the memory chipmaker's quarterly revenue forecast failed to impress investors looking for outsized results
June 27, 2024Micron shares fell 5% in early trading on Thursday after the memory chipmaker's quarterly revenue forecast failed to impress investors looking for outsized results
June 27, 2024European shares gave up early gains to close lower on Friday as a drop in shares of beauty giant L'Oreal weighed, while the benchmark
June 28, 2024British equities ended the week on a sour note after stronger-than-expected GDP data spurred worries over interest rate cuts by the Bank of England, while
June 28, 2024Swedish EV-maker Polestar said on Friday, after months of delays in turning in its financial reports, that its 2023 revenue fell and its losses widened as it grappled with slowing demand
June 28, 2024U.S. investors heavily bought into equity funds ahead of a crucial inflation report spurred by expectations of continued moderation in inflation that could prompt the Federal Reserve to
June 28, 2024U.S. banking giants announced plans to raise their third-quarter dividends on Friday after proving that they have enough capital to withstand severe economic and
June 28, 2024The unstoppable march of the mega caps, sloth-like central bank pivots, political palpitations aplenty and M&A is back - the first half of
June 28, 2024Asian stocks are mixed after benchmarks ended higher on Wall Street
July 01, 2024London's FTSE 100 began the week on a steady note on Monday, supported by housebuilders and precious metal miners, while investors remained cautious
July 01, 2024European stocks gained on Monday, with French shares leading the charge after the far-right National Rally (RN) party scored historic gains in the first
July 01, 2024Megacap growth stocks led by Apple and Tesla lifted the tech-heavy Nasdaq to a higher close on Monday, while the Dow and
July 01, 2024Keith Gill, the meme stock trader "Roaring Kitty," thrust Chewy Inc into the spotlight when he made a $245 million bet on the online pet products
July 01, 2024A look at the day ahead in Asian markets. Asia lagged what was a pretty solid start to the new quarter for global stocks on Monday, and the steep rise in U.S.
July 01, 2024Shares in Hong Kong-listed Chinese property companies surged on Tuesday, after private data showed yearly sales declines for major Chinese property developers continued to narrow
July 02, 2024Tesla on Tuesday reported a smaller-than-expected 5% drop in vehicle deliveries in the second quarter, as the electric carmaker's price cuts and incentives
July 02, 2024The London Stock Exchange Group announced a multi-year news and data partnership with Dow Jones that will include content from the Wall Street Journal, the companies said on Tuesday.
July 02, 2024A look at the day ahead in Asian markets. Third time lucky for Asian stocks?
July 02, 2024World equities rose while the U.S. dollar fell on Wednesday following soft labor market data that buoyed investor expectations of Federal Reserve interest rate
July 03, 2024British investors added a record 11.4 billion pounds ($14.5 billion) into equity funds over the first six months of 2024, as the prospect of further central bank interest rate cuts
July 03, 2024European shares rose on Wednesday, as dovish comments from Federal Reserve Chair Jerome Powell and fresh U.S. economic data firmed rate
July 03, 2024U.S. asset management firm Artisan Investments has raised its stake in Philips to 10%, sending the healthcare technology group's shares rising on Wednesday, a week after the
July 03, 2024Corona beer maker Constellation Brands on Wednesday beat Wall Street estimates for first-quarter profit, helped by strong demand for its core beer brands, which offset the sluggish wines
July 03, 2024Amazon founder and executive chair Jeff Bezos is planning to sell almost $5 billion worth of shares in the e-commerce giant, a regulatory filing showed, after its stock hit a record high.
July 03, 2024Foreign purchases boosted Japanese stocks last week amid a weakening yen and global enthusiasm for artificial intelligence-linked companies, which tempered concerns about the Bank of
July 04, 2024Shares are mostly lower in Asia after strong gains in Europe, while U.S. markets were closed for the July 4th holiday
July 05, 2024