Stocks News

The U.S. economy shrank 0.3% in the first quarter of 2025, marking its first quarterly contraction since early 2022 and igniting fresh concerns about recession as the Trump administration embarks on a renewed tariff push. The unexpected downturn came as businesses ...

Coca-Cola posted better-than-expected first-quarter results and kept its full-year forecast intact, even as global trade tensions continued to rattle markets. The drinks giant reported adjusted earnings per share of 73 cents, just about beating analyst expectations of 71 cents. Revenue came ...

Alphabet shares surged nearly 5% in after-hours trading after reporting stronger-than-expected first-quarter earnings, driven largely by robust growth in its Google Search advertising. Overall revenue rose 12% year-on-year to $90.2 billion, comfortably beating analyst forecasts of $89.12 billion. Search advertising alone ...

Merck has trimmed its full-year profit forecast, citing a $200 million hit from global tariffs and a one-time licensing charge. The vaccines titan now expects adjusted earnings between $8.82 and $8.97 per share in 2025, a notable downgrade from earlier ...

Tesla shares tumbled nearly 6% to close at $227.50 on Monday, dragging year-to-date losses to 44% just one day before its first-quarter earnings report. This marks the 12th session in 2025 with a drop of more than 5%, proving how ...

Apple may have dodged the latest round of tariffs for now, but its reliance on China remains a critical vulnerability. Over 90% of the 220 million iPhones sold annually are manufactured in China, a country now hit by US tariffs ...

Netflix started 2025 with a bang, posting first-quarter revenue of $10.54 billion—up nearly 13% year over year and slightly above Wall Street’s forecast of $10.52 billion. Net income rose to $2.89 billion, or $6.61 per share, well ahead of the ...

Apple has slipped behind Microsoft in the position as the world’s most valuable public company, as intensifying fears over U.S. tariffs sent Apple shares tumbling 23% over the past four trading sessions. By Tuesday’s close, Microsoft’s market cap had climbed to ...

Chinese EV heavyweight BYD has outpaced Tesla with a remarkable annual revenue of $107 billion in 2024, achieving a significant 29% growth over the previous year. This surge comes from BYD’s impressive delivery volume of 4.27 million vehicles, which includes fully ...

German software heavyweight SAP has just claimed the crown as Europe’s most valuable publicly traded company, surpassing Danish pharmaceutical giant Novo Nordisk. SAP's share price increased over 1% during morning trading in Frankfurt, further boosting its impressive 40% growth over the ...

Global sportswear brand Nike is bracing for a challenging fourth quarter, projecting a sales drop in the mid-teens percentage range, far worse than Wall Street’s forecast of an 11.4% decline. The sports apparel giant also expects its gross margin to shrink ...

Tencent posted a strong fourth-quarter performance, with profits surging 90%, driven by growth in gaming and advertising revenue. Domestic games revenue in China jumped 23% year-on-year to 33.2 billion yuan, fueled by a low base from the previous year and ...

BMW reported a significant 37% drop in annual net profit due to sluggish demand in China and growing tariff-related challenges. Net profit fell sharply year-over-year, sending the figure down from its previous levels, as annual earnings margins for cars shrank to ...

Porsche’s shares fell 4.9% in Frankfurt on Wednesday after the company issued its second profit warning in two months, pointing out falling sales and mounting costs. The company reported group sales revenue of €40.1 billion for 2024, down 1% from the ...

Alibaba’s latest move in the artificial intelligence race has sent its shares surging, with Hong Kong-listed stock closing 8% higher following the announcement of its new AI reasoning model, QwQ-32B. The news also lifted the Hang Seng China Enterprises Index, which ...