Stocks news

Oracle's stock surged 11% on Tuesday following a strong earnings report, continuing its upward momentum on Wednesday with a closing price of $157.10, a record high. This year, Oracle's shares have risen by 49%, making it the second-best performer amo...

Volvo Cars adjusted its 2026 margin and revenue targets, stepping back from its ambitious goal of achieving 100% electric vehicle sales by 2030. The Swedish automaker, owned by China's Geely Holding, now projects an EBIT margin of 7-8%, a slight decr...

The shares of stock market darling Nvidia have dropped by 2% in premarket trading following news of a Department of Justice (DOJ) antitrust investigation. This latest dip followed a more significant 10% drop during regular trading, which wiped nearly...

In August, Chinese electric vehicle (EV) giant BYD achieved a new sales milestone, selling 370,854 passenger vehicles, a 30% year-on-year increase. This growth was largely driven by a 48% surge in hybrid vehicle sales, now accounting for nearly two-t...

Dell Technologies exceeded Wall Street's expectations in its fiscal second quarter, driven by an impressive 80% surge in server sales, particularly those catering to artificial intelligence applications. The company reported revenue of $25.06 billion...

Nvidia is set to report its second-quarter earnings for fiscal 2025, with investors keenly watching for updates on its Blackwell chip despite recent delays. Nvidia’s stock has surged 161% this year, including a 35% jump since its impressive first-qua...

Shares of PDD Holdings, the parent company of Temuand Pinduoduo, plummeted by nearly 29% following the release of its second-quarter earnings. The company's stock experienced its largest one-day loss since listing on the Nasdaq, dropping 28.57% as re...

In July, BMW emerged as the European electric vehicle market leader, overtaking Tesla for the first time. The German automaker sold 14,869 fully electric cars, marking a significant 35% year-on-year increase, while Tesla's sales dropped by 16%, total...

U.S.-listed Chinese electric vehicle (EV) maker Zeekrhas unveiled a new battery technology that charges significantly faster than current offerings from competitors like Tesla. The new batteries, set to debut in Zeekr's 2025 007 sedan, can charge fro...

Oil giant Saudi Aramco reported a net profit of $29.1 billion for the second quarter, reflecting a slight decline of over 3% compared to the same period last year due to reduced crude production volumes. The company's net income for the first ha...

US stock futures are set for a sharp decline on Monday for the third consecutive session as investor anxiety about the US economy intensifies. The July jobs report, revealing an unexpected rise in the unemployment rate to 4.3%, has heightened these c...

Qualcomm's third-quarter earnings beat Wall Street expectations, driven by a solid 12% year-over-year increase in smartphone chip sales, its biggest and most critical business segment. The company's overall revenue for the quarter reached $9.39...

McDonald’s has reported its first global sales drop in over three years as inflation-conscious consumers opt for cheaper alternatives and cut back on dining out. The fast-food giant saw a 1% decrease in worldwide sales during the April-June period, m...

Major tech earnings from Tesla and Alphabet are weighing on Wall Street, with futures indicating a lower opening on Wednesday. This negative sentiment is expected to extend to European markets.Tesla's shares dropped over 7% in extended trading follow...

Stellantis, the French-Italian-American automotive conglomerate, reported a significant drop in its first-half 2024 earnings. Net profit plunged to €5.6 billion, down 48% from the first half of 2023, and net revenue also fell 14% to €85.0 billion.Des...