Stock Markets, Business News, Financials, Earnings

Caution Returned to Wall Street Amid AI Infrastructure Spending Growth Worry and Cloudy Outlook for Retailers Aug 22
The S&P 500 and the Nasdaq Composite are set to close down amid weakness in retail stocks, after a week of choppy trading. Tech stocks extended weekly losses amid profit taking and a weakening outlook for artificial intelligence infrastructure spending. INTU WDAY ZM ROST
Tech Weakness Drags Down U.S. Averages for the Fifth Session In a Row Aug 21
The S&P 500 index decreased for the fifth consecutive session amid weakness in tech stocks, as the artificial intelligence-linked stocks faced valuation worry. Continuing jobless claims neared two million at the end of last week, the highest level in nearly four years. COTY WMT

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Stock Movers: Intuit, Walmart, Zoom Communications Aug 22
Walmart said its tariff costs are rising every month, and the retailer is absorbing higher import duties for now. Intuit said net income swung to a profit in the fiscal fourth quarter. Zoom Communications said strength in its enterprise customer segment supported the rise in overall sales and earnings in the fiscal second quarter. INTU WMT ZM
Stock Movers: Lowe's, Target Corp., TJX Aug 21
TJX reported a surge in profits as consumers searched for bargains amid elevated prices, and the retailer revised higher its operating margin and EPS outlook. Lowe’s reported a rise in quarterly profit and agreed to an $8.8 billion deal to buy the pros business. Target reported a sharp decline in quarterly profit but reiterated its annual outlook. TJX TGT LOW

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Sony Corp. Lifts Annual Outlook Driven by Gains in PlayStation and Music Businesses Feb 17
Sony raised its full-year outlook on the back of the strength in its console and music businesses. The technology and media company plans to spin off its financial services unit by October.
Lululemon Athletica Quarterly Sales Rise 19%, Expands Stock Repurchase Plan Dec 8
The specialty apparel retailer said international sales soared but net income declined. The company board approved an additional stock repurchase plan of $1 billion. LULU

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January's Consumer Price Inflation Supports Fed's Resolve to Delay Rate Cuts Feb 12
The rebound in inflation in January was driven by an increase in prices for food, fuel, and passenger cars. Elevated shelter continues to drive most of the inflation and underscored the Fed's reluctance to deliver additional rate cuts in the imminent future.
U.S. Job Growth Slowed by Solid In January, Wage Growth Supports Fed's Rate Case Feb 8
Wall Street indexes were little changed after nonfarm payrolls increased at a slower pace in January, but wage growth in the month stayed sharply ahead of the Fed's inflation goals.

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China's Bubble Tea Chain Mixue Group's IPO Attracted Huge Interest from Retail Investors Mar 3
The rapidly growing affordable beverage chain operator's public offering became the most popular ever in Hong Kong, with 6,000 times oversubscribed.
Heidelberg Materials Enlarges U.S. Footprint with Giant Cement Acquisition Nov 28
Heidelberg Materials agreed to acquire the U.S.-based Giant Cement and its subsidiaries from Mexican billionaire Carlos Slim controlled company listed in Spain.

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European Stocks Advanced as Corporate Earnings Regained Spotlight Jul 18
European stock market indexes rebounded and extended weekly gains, and investors focused on the latest corporate results. Germany's producer price index declined for the fourth consecutive month in June.
European Markets Rebounded, UK Wage Growth Eased and Jobless Rate Inched Higher Jul 17
European markets rebounded as investors shifted their attention to the latest batch of earnings. Chip stocks rebounded following upbeat results from TSMC. ABB reported a sharp increase in new order intake. Novartis announced a $10 billion stock repurchase plan. ABB NVS

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Europe Movers: Bang & Olufsen, Nordnet Bank, Stolt-Nielsen Jul 3
Bang & Olufsen reported weak full-year results, and the Danish consumer electronics company reiterated its outlook. Nordnet Bank said new customers in June increased at an annual customer growth rate of nearly 14%. Stolt-Nielsen released weak quarterly results.
Europe Movers: Topps Tiles Jul 2
Topps Tiles said adjusted sales were up 10% in the fiscal third quarter, driven by a 7% rise in same-store sales, as the company expanded its customer base.

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Japan's Core Inflation Remained Elevated, Driven by Persistent Food Price Inflation Aug 22
Japan's core rate of inflation stayed well above the Bank of Japan's target rate, supporting the central bank's rate hike campaign. Food price inflation accelerated, but the surge in rice prices eased a little.
Mainland China Investors' Continued Asset Rotation to Stocks Extended Weekly Gains to 3% Aug 22
Mainland China-based indexes extended their weekly gains as large and small investors increased their stock exposure amid low valuation and improving sentiment for earnings outlook.

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Stock Movers: Ashok Leyland, Cello World, SML ISUZU, CSL Finance, Titagarh Rail, Niraj Cement, Granules, KNR Constructions Jun 4
Titagarh Rail approved a final dividend despite a decline in net income in the March quarter. Cello World reported a muted increase in sales and earnings in the latest quarter. KNR Constructions approved a final dividend despite a sharp fall in net income in the fiscal fourth quarter.
Stock Movers: Suzlon Energy, ICRA, DCM Nouvelle, NBCC, Inox Wind, Ajmera Realty, Vodafone Idea, Adani Energy Jun 3
Suzlon Energy reported a sharp jump in earnings in the latest quarter. DCM Nouvelle’s net income swung to a profit in the March quarter. Vodafone Idea said net loss shrank in the March quarter.

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How Can Argentina Regain Growth Momentum and Avoid Dollarization? Mar 25
Argentina’s persistent financial crisis is rooted in its failure to diversify its economic base away from agriculture and mining activities and to ignore its human capital potential for decades.
Is Twitter Dying? Nov 18
The social media platform's rapid rise brought a flood of users from all walks of life. Twitter's popularity also attracted politicians, regulators and investors, all competing to bend the platform to meet their needs. TWTR