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

Stocks

Business|Economy|Technology

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

Micron tumbles as AI revenue surge falls short of lofty expectations
Business|Economy

European shares post quarterly loss as markets await French elections

European shares gave up early gains to close lower on Friday as a drop in shares of beauty giant L'Oreal weighed, while the benchmark

European shares post quarterly loss as markets await French elections
Business|Economy

London stocks round off week with declines

British 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

London stocks round off week with declines
Business|Economy|Technology

Polestar reports decline in 2023 revenue as EV maker grapples with slowing demand

Swedish 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

Polestar reports decline in 2023 revenue as EV maker grapples with slowing demand
Business|Economy

US equity funds see sharp inflows ahead of inflation data

U.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

US equity funds see sharp inflows ahead of inflation data
Business|Economy|News

Top U.S. banks hike dividends after sailing through Fed's stress test

U.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

Top U.S. banks hike dividends after sailing through Fed's stress test
Business|Economy

Tech boom leads global markets through first half of 2024

The unstoppable march of the mega caps, sloth-like central bank pivots, political palpitations aplenty and M&A is back - the first half of

Tech boom leads global markets through first half of 2024
Business|Economy

Stock market today: Asian shares are mixed after gains on Wall Street

Asian stocks are mixed after benchmarks ended higher on Wall Street

Stock market today: Asian shares are mixed after gains on Wall Street
Business|Economy

London stocks steady as housebuilders offer support, election in focus

London's FTSE 100 began the week on a steady note on Monday, supported by housebuilders and precious metal miners, while investors remained cautious

London stocks steady as housebuilders offer support, election in focus
Economy|News|Political

European stocks rise after first round of French vote

European stocks gained on Monday, with French shares leading the charge after the far-right National Rally (RN) party scored historic gains in the first

European stocks rise after first round of French vote
Business|Technology

Apple, Tesla lifts stocks to higher close in light pre-holiday trading

Megacap growth stocks led by Apple and Tesla lifted the tech-heavy Nasdaq to a higher close on Monday, while the Dow and

Apple, Tesla lifts stocks to higher close in light pre-holiday trading
Business|Economy

What is Chewy, the pet products website 'Roaring Kitty' is championing?

Keith 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

What is Chewy, the pet products website 'Roaring Kitty' is championing?
Business|Economy

US yields bite, China enjoys rare surprise

A 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.

US yields bite, China enjoys rare surprise
Business|Economy

China property firms jump after big developers show smaller sales drop

Shares 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

China property firms jump after big developers show smaller sales drop
Business|Technology

Tesla's quarterly deliveries fall less than expected; shares rally

Tesla 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

Tesla's quarterly deliveries fall less than expected; shares rally
Business|Economy

LSEG announces multi-year news and data partnership with Dow Jones

The 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.

LSEG announces multi-year news and data partnership with Dow Jones
Business|Economy

Ground laid for stock bounce, services PMIs on deck

A look at the day ahead in Asian markets. Third time lucky for Asian stocks?

Ground laid for stock bounce, services PMIs on deck
Economy|News

World shares rise, US dollar weakens on soft labor market data

World equities rose while the U.S. dollar fell on Wednesday following soft labor market data that buoyed investor expectations of Federal Reserve interest rate

World shares rise, US dollar weakens on soft labor market data
Business|Economy

UK investors buy record $14.5 billion of stocks this year, Calastone says

British 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

UK investors buy record $14.5 billion of stocks this year, Calastone says
Economy|News|Political

European shares rise as Fed rate cut bets firm; focus on elections

European shares rose on Wednesday, as dovish comments from Federal Reserve Chair Jerome Powell and fresh U.S. economic data firmed rate

European shares rise as Fed rate cut bets firm; focus on elections
Business|Health|Technology

Artisan Investments raises stake in Philips to 10%, regulatory filing shows

U.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

Artisan Investments raises stake in Philips to 10%, regulatory filing shows
Business|Economy

Constellation Brands beats quarterly profit estimates on strong beer business

Corona 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

Constellation Brands beats quarterly profit estimates on strong beer business
Business|Technology

Jeff Bezos to sell Amazon shares worth about $5 billion after stock hits record high

Amazon 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.

Jeff Bezos to sell Amazon shares worth about $5 billion after stock hits record high
Business|Economy|Technology

Japanese stocks gain biggest weekly foreign inflow in 2-1/2 months

Foreign 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

Japanese stocks gain biggest weekly foreign inflow in 2-1/2 months
Business|Economy

Stock market today: With US markets closed, Asian shares slip and European shares gain

Shares are mostly lower in Asia after strong gains in Europe, while U.S. markets were closed for the July 4th holiday

Stock market today: With US markets closed, Asian shares slip and European shares gain

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