Stocks News

Europe’s electric vehicle market is expanding rapidly, but Tesla is losing its grip just as Chinese manufacturers tighten their hold. New car registrations in the EU rose 7.4% in July year-on-year, yet Tesla’s performance fell sharply. Between January and July, Tesla’s ...

Shares of carmaker Nissan fell more than 6% in Tokyo after Mercedes-Benz’s pension fund dumped its entire 3.8% holding, a clean break that reveals investors’ dwindling patience with the Japanese company’s turnaround. The sell-off extends a year-to-date decline beyond 28%, pushing ...

Wall Street’s summer rally showed signs of fatigue as tech and AI-linked stocks dragged major indices lower for a second straight session. The Nasdaq Composite slipped 0.67% on Wednesday after tumbling 1.46% the day before, putting the tech-heavy index on track ...

European equities extended their gains as optimism over a potential Russia-Ukraine peace deal lifted sentiment, with the Stoxx 600 climbing 0.6% to reach its highest level since early March. The Dax traded near 24,400, though investors stayed cautious ahead of ...

Nvidia and AMD have reached an unprecedented agreement to pay the US government 15% of their semiconductor revenues from China in order to secure export licences to the world’s second-largest economy. The deal covers Nvidia’s H20 chips and AMD’s MI308 models, ...

After two years of drought-driven scarcity and historic price volatility, Deoleo, the world’s largest olive oil producer, is signaling a cautious return to normalcy. A 65% rebound in Spain’s olive oil production, rising to 1.41 million metric tons in the 2024/2025 ...

Honda Motor’s first-quarter operating profit plunged by a staggering 50% year over year to 244.17 billion yen, well below the 323.48 billion yen forecasted by analysts. Despite this setback, revenue reached 5.34 trillion yen, outperforming analyst projections of 5.25 trillion yen. ...

Samsung Electronics has reported a drastic 55% drop in Q2 operating profit to $3.4 billion, revealing the company's difficulties in keeping pace with rivals in the fast-evolving AI chip sector. While overall revenue saw a modest uptick, the once-dominant chip division ...

Robinhood delivered an excellent Q2 performance, with revenue surging 45% year-over-year to $989 million and net income doubling to $386 million, soundly beating Wall Street expectations. Earnings per share reached 42 cents, above the projected 31 cents, as trading activity remained ...

Swedish fintech disruptor and emerging giant Klarna has secured an electronic money institution license from the UK's Financial Conduct Authority (FCA), marking a pivotal shift beyond its core "buy now, pay later" services. This exciting authorization allows Klarna to introduce debit ...

Singapore International Airlines (SIA) shares slumped more than 8% after reporting a steep 59% plunge in net profit for the quarter ended June 30. The flag carrier’s net earnings dropped to US$144 million, down from a significantly stronger position a year ...

Puma’s stock dropped 17% after the company slashed its full-year outlook and flagged a likely operating loss in 2025, citing U.S. tariffs and internal struggles. Second-quarter sales fell 2% year-on-year to €1.94 billion, missing analyst expectations of €2.06 billion. Operating profit ...

TSMC reported a standout quarter, with net revenue jumping nearly 39% year-on-year to $31.7 billion, surpassing analyst expectations. Net income surged by 61%, driven by booming demand for artificial intelligence chips, particularly advanced processors below 7nm in size. These high-efficiency chips now ...

Nvidia became the world’s first publicly traded company to hit a $4 trillion valuation this week, edging past tech giants Apple and Microsoft. Its stock climbed 2.76% during Wednesday’s session before closing up 1.8%, putting its market cap just shy of ...

Shares of WK Kellogg surged over 56% in after-hours trading following reports that Ferrero, the Italian confectionery heavyweight, is closing in on a $3 billion acquisition of the US cereal brand. If confirmed, the deal would more than double Kellogg’s current ...