Stocks News

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 ...

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 giant reported adjusted earnings ...

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 ...

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, at 1.3 million ...

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 ...

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, which ...

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 figures, ...

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 ...