Stocks news

Samsung shares rallied over 7% on Monday after announcing a bold and unexpected $7.19 billion share buyback plan. This announcement comes on the heels of a 7.21% jump in Samsung’s stock on Friday, following news of a preliminary agreement with its ...

Chinese e-commerce giant Alibaba saw its net income soar 58% year-on-year in the September quarter, reaching $6.07 billion. This eye-popping growth, largely driven by gains in equity investments and reduced impairments, beat many analysts’ expectations. However, sluggish revenue growth of ...

Chipmaker AMD announced it will lay off 4% of its global staff as it attempts to consolidate its place in the growing AI chip market that is dominated by rival Nvidia. This announcement means that roughly 1000 of the company’s ...

Bayer's shares dropped on Tuesday from 12.12% to €21.46 as the company reported unimpressive third-quarter results. Net sales for Q3 2024 were down at €10.0 billion, compared to €10.3 billion in the same period last year. Performance was mixed across Bayer’s ...

The euro plunged to $1.0740, down 1.75%, marking its worst drop since March 2020. This decline came on the back of a surging U.S. dollar, driven by a Trump victory in the U.S. presidential race. Expectations of lower corporate taxes and ...

Honda reported a 20% drop in profit for the first half of its fiscal year, mainly due to a slowdown in car sales, especially in China. For the period from April to September, Honda’s profits were €2.9 billion, down from ...

Nintendo’s second-quarter ending March 2025 showed a sharp 69% drop in net profit, driven by softening demand for its Switch console, which, at seven years old, is ancient in technology terms.The gaming giant changed its sales forecast for the console, ...

Apple’s fiscal Q4 delivered stronger-than-expected revenue of $94.93 billion, which exceeded Wall Street estimates and delivered a 6% rise in iPhone sales. Despite an impressive performance across its main revenue streams, Apple’s net income took a knock due to a one-time ...

The British oil giant Shell reported adjusted earnings of $6 billion for Q3, beating analyst expectations of $5.3 billion, this despite challenges from lower crude prices and reduced refining margins. The result, while slightly less than the previous quarter’s $6.3 ...

Chinese cell phone giant Xiaomi delivered over 20,000 units of its SU7 electric vehicle (EV) in October, marking a strong start in a market dominated by heavyweights like Tesla, Xpeng, and BYD. With this rapid entry into the EV sector, Xiaomi ...

BP reported its lowest quarterly earnings since 2020, impacted by sliding crude prices and lower refining margins. The British energy giant recorded an underlying replacement cost profit of $2.3 billion for the July-September period, slightly above market expectations of $2.1 ...

Tesla shares spiked 10.7% after reporting third-quarter earnings that surpassed analysts' expectations. The company posted earnings per share of $0.72, exceeding the $0.58 forecast, while revenue hit $25.18 billion, just short of the $25.37 billion expected. This marks an 8% year-on-year ...

Boeing's latest quarterly report shows a significant surge in losses, with the company posting a net loss of $6.2 billion, a steep rise from $1.6 billion the previous year. The commercial airplane division, which has been facing operational difficulties, contributed ...

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. Additionally, revenue was higher than anticipated, ...

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 outlook for 2025. ASML now projects ...