Stocks news

Adidas has reported losses from the fallout from terminating its collaboration with Kanye West. The partnership ended after the rapper sparked controversy with anti-Semitic remarks on social media, halting the lucrative Yeezy trainer line and leaving...

Novo Nordisk, the Danish pharmaceutical giant, surged to a new high in trading, marking an 8% increase in its shares. This ascent continues a trend seen over several months, driven by skyrocketing optimism surrounding weight-loss medications.Novo Nor...

In a groundbreaking move, the European Union has imposed a staggering $2 billion fine on Apple for violating competition regulations. This penalty marks the first of its kind on the US tech giant by the EU.Margrethe Vestager, the EU’s competition and...

Despite the steady increase in electric vehicle adoption, not every EV maker is performing well. In a significant downturn, electric vehicle manufacturers Rivian and Lucid saw their share values drop sharply following their fourth-quarter earnings re...

For investors seeking value outside of the household name large market cap stocks in the technology sector, biotech, integral to the development of groundbreakingmedical innovations, offers investors a blend of high reward potential and moderate risk...

Volvo Cars has announced a significant reduction in its stake in Polestar, the electric vehicle manufacturer. By planning to distribute 62.7% of its Polestar holdings to shareholders, Volvo aims to refocus its resources towards its own transformation...

Last year marked a significant milestone in the artificial intelligence sector, with Nvidia emerging as the most prominent beneficiary. The chipmaker reported a staggering increase in its profits, which soared to nearly $12.3 billion in the final thr...

While there are concerns that decentralized finance (DeFi) could undercut the U.S. dollar's global dominance, Federal Reserve Governor Christopher Waller foresees a potential positive impact. At a recent banking conference, Waller emphasized the evol...

Uber Technologies Inc. delivered an impressive performance in its fourth-quarter financial results, surpassing analysts' expectations on both revenue and earnings per share. The company's revenue saw a significant increase, reaching $9.94 billio...

In a volatile week for Chinese stocks, the Shanghai Composite and Shenzhen Component indexes plummeted by 6.2% and 8.1% respectively, marking their steepest declines since late 2018. Since the beginning of the year, these indexes have diminished by o...

In a major shift in Asian financial markets, Japan's stock market is experiencing a significant resurgence, contrasting with the downturn of China's markets.  The Tokyo Stock Exchange, once overlooked by major investors, is now approaching its h...

Following Tesla's dismal quarter, which saw a 26% plunge in its stock and warned of slower sales growth, other tech giants prepare to navigate their own hurdles. Companies such as Nvidia, Microsoft, Meta Platforms, Amazon, Apple, and Alphabet, known...

Tesla shares plummeted 11% on Thursday, eroding $73 billion in market value in one day, after the electric carmaker's disappointing earnings call and warnings of slowing growth.  The firm's subdued outlook, predicting "notably lower" sales growt...

Netflix experienced significant growth in the fourth quarter, surpassing expectations with over 13 million new subscribers, largely driven by international markets. The company's total subscriber count soared to 260.3 million, resulting in a 7%...

In a tumultuous start to the year, shares of airline companies have felt the impact of several concurrent factors. The NYSE Arca Airline Index has plummeted 15%, significantly lagging behind the S&P 500's modest 0.6% decline.Boeing's woes have se...