Stocks news

Netflix Shares Surge Following Strong Q3 Earnings

Netflix Shares Surge Following Strong Q3 Earnings

Stocks news
4 days ago

Netflix experienced a significant increase in its stock price, rising nearly 7% after announcing third-quarter earnings that surpassed expectations. The streaming giant reported earnings per share of $5.40, exceeding the consensus estimate of $5.12....

Chipmaker ASML Shares Plummet on Low Sales Forecast

Chipmaker ASML Shares Plummet on Low Sales Forecast

Stocks news
6 days ago

Dutch semiconductor equipment giant ASML saw its shares plummet by 16%, wiping out approximately $52.99 billion in market value. The sharp decline followed the early release of its third-quarter results, which included a lower-than-expected sales out...

Struggling Ericsson Stock Surges on Better Q3 Earnings

Struggling Ericsson Stock Surges on Better Q3 Earnings

Stocks news
1 week ago

Ericsson's shares rose by 7.6% on Tuesday following the release of its third-quarter earnings, which outperformed market expectations. Earlier in the day, the stock had climbed nearly 9% before settling at its current level. The Swedish telecom...

FTSE Russell Index to Add South Korean and Indian Bonds

FTSE Russell Index to Add South Korean and Indian Bonds

Stocks news
1 week ago

In a significant move set to attract billions in foreign investment, South Korean and Indian government bonds will be added to FTSE Russell's global indices by 2025. South Korean government bonds will be included in the FTSE World Government Bond Ind...

Tesla’s Sales Rise in Q3 but Face Competitor Pressure

Tesla’s Sales Rise in Q3 but Face Competitor Pressure

Stocks news
2 weeks ago

Tesla posted its first sales increase in the third quarter, delivering nearly 463,000 vehicles worldwide, representing a 6% rise year-over-year and a 4% increase from the second quarter. However, despite this boost, Tesla’s total deliveries for 2024,...

Muted iPhone 16 Sales Signal Slow Start for Apple

Muted iPhone 16 Sales Signal Slow Start for Apple

Stocks news
2 weeks ago

Apple’s expectations for the iPhone 16 to revive its sluggish sales have faced early challenges, with pre-sale data showing a lukewarm consumer response. Estimates suggest Apple sold around 37 to 40 million units during the first week of pre-sales, a...

Stock Market Surges Amid Rate Cut and Economic Optimism

Stock Market Surges Amid Rate Cut and Economic Optimism

Stocks news
3 weeks ago

The stock market reached new highs this week as investors flocked to riskier assets like tech stocks and cryptocurrencies, following the Federal Reserve’s decision to cut interest rates by 0.5%. This marks a shift from its aggressive rate hikes, whic...

Mercedes-Benz Shares Slide as Chinese Demand Weakens

Mercedes-Benz Shares Slide as Chinese Demand Weakens

Stocks news
3 weeks ago

Mercedes-Benz saw its shares fall nearly 7% on Friday after lowering its full-year outlook, primarily due to a sharp decline in Chinese demand. The company now expects earnings before interest and taxes (EBIT) to be "significantly below" last year’s...

Nvidia Shares Surge as CEO Completes Stock Sales Early

Nvidia Shares Surge as CEO Completes Stock Sales Early

Stocks news
3 weeks ago

Nvidia CEO Jensen Huang has completed the sale of over $700 million in company stock, months ahead of his prearranged plan. Huang had initiated a trading strategy in mid-March to sell up to six million shares by the end of the first quarter of 2025....

Oracle's Strong Performance Places it Second to Nvidia

Oracle's Strong Performance Places it Second to Nvidia

Stocks news
1 month ago

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 Downgrades Targets Amid Global Trade Challenges

Volvo Cars Downgrades Targets Amid Global Trade Challenges

Stocks news
1 month ago

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...

Nvidia Shares Drop Amid Shock Antitrust Probe

Nvidia Shares Drop Amid Shock Antitrust Probe

Stocks news
1 month ago

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...

BYD Sets New Sales Record Amidst China’s EV Market Slowdown

BYD Sets New Sales Record Amidst China’s EV Market Slowdown

Stocks news
1 month ago

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 Beats Expectations with Strong AI Server Sales Growth

Dell Beats Expectations with Strong AI Server Sales Growth

Stocks news
1 month ago

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's Blackwell Chip Delay Clouds Earnings Outlook

Nvidia's Blackwell Chip Delay Clouds Earnings Outlook

Stocks news
1 month ago

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...

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