Stocks news

Global Stocks Rally On US Debt Ceiling Agreement

Global Stocks Rally On US Debt Ceiling Agreement

5
Stocks news
29.05.2023

Global investors cautiously welcomed news of an agreement that could stave off a catastrophic US debt default. Global stocks and oil prices were higher on Monday. Germany's DAX (DAX) rose by 0.3% in early trading, while France's CAC 40 (CAC40) saw a...

AI Chip Surge Sends Nvidia’s Stock Sky High

AI Chip Surge Sends Nvidia’s Stock Sky High

6
Stocks news
26.05.2023

Driven by the stellar rise of AI technologies, shares of chip maker Nvidia exploded 28% higher Thursday after reporting earnings and sales that surged well above Wall Street’s already-high expectations. It was enough to make investors temporaril...

Markets Brace for Key Big-Tech Earnings Reports

Markets Brace for Key Big-Tech Earnings Reports

27
Stocks news
24.04.2023

Big-tech giants Microsoft, Meta, Alphabet and Amazon are all expected to report earnings this coming week. Investors in key markets will be watching closely as global focus moves away from bank earnings.With lingering uncertainty about the Federal Re...

Alphabet Stock Falls on Market Share Slide against AI Rivals

Alphabet Stock Falls on Market Share Slide against AI Rivals

25
Stocks news
17.04.2023

Shares of Google’s parent company Alphabet slumped more than 3% on Monday after a concerning report suggesting its search powerhouse could surrender significant market share to AI-powered rivals, especially Microsoft’s Bing.Mobile phone giant Samsung...

Global Stocks Rally as Investor Fears Over Banking Turmoil Ease

Global Stocks Rally as Investor Fears Over Banking Turmoil Ease

29
Stocks news
23.03.2023

Stocks around the globe rallied Tuesday as worries over the international banking sector abated in response to a raft of interventions by policymakers. The Dow Jones Industrial index was trading 0.5% higher in late morning trade, while the S&...

Short Selling Tesla Shares Causes Traders to Lose $7.6 Billion

Short Selling Tesla Shares Causes Traders to Lose $7.6 Billion

34
Stocks news
13.02.2023

Tesla stock has skyrocketed 70% in the past month, crushing short sellers who bet against it. Hedge funds that traded against Tesla lost $7.6 billion over the past 30 days, making it the least profitable short of the year so far.In share investing, s...

Microsoft to Slash Thousands of Jobs

Microsoft to Slash Thousands of Jobs

46
Stocks news
18.01.2023

Microsoft Corporation intends to cut thousands of jobs, with some of the roles eliminated expected to come from key divisions like human resources and engineering.The layoffs would underscore a worrying trend among US technology firms. Amazon and Met...

Tesla Cuts Prices in China Again as Demand Flags

Tesla Cuts Prices in China Again as Demand Flags

54
Stocks news
09.01.2023

Tesla has trimmed its prices in China again, the second time in under three months, causing speculation of a price war as demand weakens due to monetary tightening measures taking place in developed countries around the world.The automaker has also c...

Apple Loses $1 Trillion in Market Value

Apple Loses $1 Trillion in Market Value

54
Stocks news
03.01.2023

Apple Inc’s total stock market value slipped on Tuesday, falling below $2 trillion for the first time since early 2021, exactly one year to the day the company became the first public tech company valued at $3 trillion.Apple’s shares fell 4% to $124....

Wall Street Stumbles on Worries About Rates

Wall Street Stumbles on Worries About Rates

53
Stocks news
22.12.2022

Concerns about rising interest rates are buffeting Wall Street this week. Following firmer-than-expected reports on the US economy, the Dow Jones Industrial Average tumbled more than 700 points, or 2.2%. The S&P 500 also fell, shedding 2.7%, brin...

China Markets Fall as Protests Flare over COVID Lockdowns

China Markets Fall as Protests Flare over COVID Lockdowns

72
Stocks news
27.11.2022

China’s main stock indices and its currency opened the trading week lower on Monday, after significant protests against the country’s harsh COVID-19 restrictions shook investors.The benchmark Shanghai Composite fell 2.2% in early trading. The Shenzhe...

Wheat and Corn Prices Soar After Russia Quits Grain Deal

Wheat and Corn Prices Soar After Russia Quits Grain Deal

77
Stocks news
01.11.2022

Consumer price growth in the 19 countries that use the euro has raced to 10.7% in October from 9.9% in September. This latest data is putting pressure on the European Central Bank (ECB) to act more aggressively to tackle inflation.A key inflationary...

Asian Markets Tense Over Pelosi's Possible Taiwan Visit

Asian Markets Tense Over Pelosi's Possible Taiwan Visit

152
Stocks news
02.08.2022

Asian stock markets have been shaken by growing tensions between the US and China over US House of Representatives Speaker Nancy Pelosi’s anticipated visit to Taiwan. Markets across the region weakened on Tuesday amid expectations Pelosi wou...

Conservative Investors Hope Bond Performance Improves

Conservative Investors Hope Bond Performance Improves

134
Stocks news
28.06.2022

The first half of the year has been difficult for investors, as stocks fell, cryptocurrencies tanked, and even the supposedly less risky bond market wobbled. That bond slump is especially bad news for conservative investors, like retirees living o...

Fed Hikes Interest Rates in Biggest Jump Since 1994

Fed Hikes Interest Rates in Biggest Jump Since 1994

131
Stocks news
16.06.2022

In a widely expected move, the US Federal Reserve raised interest rates by three-quarters of a percentage point in the largest single rate hike since 1994. With this aggressive attempt to tackle scorching inflation, policymakers hope to help an ec...