15/06/2024

The Dutchman Bringing Nike and Lego to Wartime Russia

The Dutchman Bringing Nike and Lego to Wartime Russia By Tassilo Hummel, Gleb Stolyarov, Polina Nikolskaya, and David Gauthier-Villars Nike (NYSE:NKE) halted its sales to Russia […]
23/05/2024
NVIDIA Achieves Record Q1 Revenue, Spurring AI and Bitcoin Mining Synergies

NVIDIA Achieves Record Q1 Revenue, Spurring AI and Bitcoin Mining Synergies

NVIDIA Achieves Record Q1 Revenue, Spurring AI and Bitcoin Mining Synergies NVIDIA has reported an unprecedented quarterly revenue of $26 billion for Q1 2024, an increase […]
26/04/2024
Alphabet and Microsoft Earnings Surge; Key PCE Data on the Horizon: Market Movers

Alphabet (Google) and Microsoft Earnings Surge; Key PCE Data on the Horizon: Market Movers

U.S. Stock Market Set to Rally on Earnings and Inflation Data As the week draws to a close, U.S. stock market futures are showing positive movement, […]
25/04/2024
Google invests $640 million in new data centre in Netherlands

Google invests $640 million in new data centre in Netherlands

Google Announces $641 Million Investment in New Dutch Data Center AMSTERDAM – Google, a subsidiary of Alphabet Inc. (NASDAQ:GOOGL), has committed to investing 600 million euros […]
24/04/2024
IBM Reports Mixed Q1 Earnings, Announces HashiCorp Acquisition; Stock Declines

IBM Reports Mixed Q1 Earnings, Announces HashiCorp Acquisition; Stock Declines

IBM Reports Q1 2024 Earnings Beat, Plans $6.4 Billion HashiCorp Acquisition; Shares Dip in After-Hours IBM (NYSE: IBM) has outperformed earnings expectations for the first quarter […]
24/04/2024
Meta Platforms Forecasts Lower Q2 Revenue Amid Increased AI Investment Plans

Meta Platforms Forecasts Lower Q2 Revenue Amid Increased AI Investment Plans

Meta Platforms Adjusts Revenue Expectations Amid AI Investment Surge Meta Platforms announced on Wednesday a revision in its revenue forecast for the second quarter, projecting lower-than-expected […]
23/04/2024
Visa Card Surpasses Earnings and Revenue Forecasts for Q2, Shares Jump

Visa Card Surpasses Earnings and Revenue Forecasts for Q2, Shares Jump

Visa Inc. (NYSE:V) experienced a notable increase of over 3% in its share price during post-market trading on Tuesday. This surge came following the company’s announcement […]
22/04/2024

Stock Market Update: S&P 500 Gains Momentum with Tech Sector Surge Ahead of Major Tech Earnings

Tech Stocks Fuel S&P 500 Surge; Key Earnings on the Horizon Monday witnessed a robust rebound in the S&P 500, driven by a resurgence in technology […]
21/04/2024
Tesla Reduces Prices Globally Following Recent Cuts in the U.S.

Tesla Reduces Prices Globally Following Recent Cuts in the U.S.

Tesla Implements Global Price Cuts Amid Slowing Sales and Rising Competition Tesla, the leading electric vehicle (EV) manufacturer, has announced a series of significant price reductions […]
21/04/2024

Swiss Franc and Yen Rise Modestly, Retreat from Peaks as Iran-Israel Tensions Ease

Swiss Franc and Japanese Yen Stabilize as Iran Signals No Retaliation Against Israel In New York, the Swiss franc and the Japanese yen witnessed a reduction […]
20/04/2024
Nasdaq, S&P Slide Amid Netflix Dip and Semiconductor Declines; American Express Lifts Dow

Nasdaq, S&P Slide Amid Netflix Dip and Semiconductor Declines; American Express Lifts Dow

New York, NY (Reuters) — On Friday, the Nasdaq Composite and S&P 500 concluded in the red, influenced by a dip in Netflix (NASDAQ:NFLX) shares, although […]
20/04/2024

Five Key Market Trends to Monitor This Coming Week – NASDAQ

Upcoming Economic Indicators and Tech Earnings to Shape Market Trend As the momentum of the recent rally in U.S. stocks begins to wane, driven by concerns […]
14/04/2024
Market Response Predicted Following Iran's Attack on Israel

Market Response Predicted Following Iran’s Attack on Israel

Iran Threatens ‘Larger Response’ if Provoked; Financial Markets Brace for Impact (Reuters) – Following Iran’s unprecedented drone and missile attack on Israel on Saturday, Tehran has […]
13/04/2024
India's Industrial Production Hits Four-Month High in February

India’s Industrial Production Hits Four-Month High in February

NEW DELHI, – According to the latest government data, India’s industrial output in February grew at its fastest pace in four months, registering a 5.7% increase […]
09/04/2024
Australian billionaire Rinehart's firm takes stake in US miner MP Materials

Australian billionaire Rinehart’s firm takes stake in US miner MP Materials

(Reuters) – MP Materials announced that Hancock Prospecting, a mining company owned by Australian billionaire Gina Rinehart, has acquired a 5.3% stake in the company, further […]
03/04/2024

Intel, Tesla, and TSMC Experience Pre-Market Decline; Cal-Maine Sees Upsurge

Investing.com — U.S. futures traded slightly lower on Wednesday, retracing some of the hefty gains from the first quarter as investors brace for a series of […]
03/04/2024
S&P 500 and DJIA enter ‘Worst Months’ of the year period - StockTradersAlmanac

S&P 500 and DJIA enter ‘Worst Months’ of the year period – StockTradersAlmanac

The StockTradersAlmanac, a closely monitored investor newsletter, has officially issued its “Best Six Months MACD Seasonal Sell” signal for both the Dow Jones Industrial Average (DJIA) […]
02/04/2024
Silver Lake to take Endeavor private in deal valuing UFC-owner at $13 billion

Silver Lake to take Endeavor private in deal valuing UFC-owner at $13 billion

(Reuters) – Private equity firm Silver Lake has announced plans to acquire all outstanding shares of Endeavor Group Holdings, the talent and media company, in a […]
02/04/2024
US stocks retreat; Tesla delivery weakness, reduced rate cut expectations weigh

US stocks retreat; Tesla delivery weakness, reduced rate cut expectations weigh

Tesla stock plunged 6% after the electric vehicle manufacturer reported disappointing first-quarter delivery numbers, falling well short of expectations. The company delivered 386,810 vehicles, significantly below […]
01/04/2024
Warren Buffett Has $157 Billion Invested in These 2 "Magnificent Seven" Artificial Intelligence (AI) Stocks

Warren Buffett Has $157 Billion Invested in These 2 “Magnificent Seven” Artificial Intelligence (AI) Stocks

Warren Buffett, known for his preference for traditional value investing over high-growth stocks, has made significant investments in two artificial intelligence (AI) giants within Berkshire Hathaway’s […]
01/04/2024
US futures rise at start of Q2, fresh record for gold- what's moving markets

US futures rise at start of Q2, fresh record for gold- what’s moving markets

U.S. futures signaled a positive start on Wall Street as the second quarter commenced, with gold prices surging to a new record amidst expectations for Federal […]
31/03/2024
5 big analyst AI moves: Apple-Baidu collaboration 'driven by regulatory concerns'

5 big analyst AI moves: Apple-Baidu collaboration ‘driven by regulatory concerns’

Citi Attributes Apple-Baidu AI Collaboration to Regulatory FactorsCiti analysts recently focused on Apple’s partnership with Baidu, noting that their collaboration on AI initiatives is primarily motivated […]
31/03/2024
Japanese authorities inspect second Kobayashi Pharma factory after deaths

Japanese authorities inspect second Kobayashi Pharma factory after deaths

TOKYO (Reuters) – Health authorities conducted a second inspection at a Kobayashi Pharmaceutical factory in western Japan on Sunday following reports of five deaths possibly linked […]
30/03/2024
Investors eye Fed rate cut, earnings as key to sustaining market rally

Investors eye Fed rate cut, earnings as key to sustaining market rally

NEW YORK (Reuters) – After an impressive start to the year for stocks, investors are bracing themselves for potential challenges in the second quarter as they […]
30/03/2024

US Congress bans staff use of Microsoft’s AI Copilot, Axios reports

(Reuters) – The U.S. House of Representatives has imposed a strict prohibition on congressional staffers’ utilization of Microsoft’s Copilot generative AI assistant, as reported by Axios […]