Stock Markets, Business News, Financials, Earnings

Solid Earnings Power Record Rally On Wall Street, investors Overlooked Inflation Acceleration May 12
Wall Street indexes hovered near record highs amid solid earnings and a resilient job market, and investors overlooked resurgent inflationary forces. GTLB GME
AI and Semiconductor-Powered Global Rally Shows No Signs of Losing Steam May 11
Benchmark indexes in New York rested near record highs, semiconductor-linked stocks retained an upward bias, and crude oil rebounded on Monday.

More +

U.S. Movers: AMD, Duolingo May 7
AMD reported a sharp jump in revenue and earnings, and the company's current quarter forecast surpassed expectations. Duolingo said it plans to accelerate its investment in AI-related technologies. AMD DUOL
U.S. Movers: eBay, GameStop, GitLab, Hims & Hers May 12
eBay rejected GameStop's $56 billion merger proposal, citing financing concerns. GitLab announced a restructuring plan that cuts jobs and management layers. Hims & Hers swung to a loss in its latest quarter. GME GTLB EBAY

More +

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

More +

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.

More +

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.

More +

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

More +

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.

More +

Rally in Tech Stocks Keeps Market Momentum Alive In Mainland China and Hong Kong May 13
China's indexes hovered near the flatline, crude oil prices remained elevated, and tech stocks held near record highs amid optimism over artificial intelligence-related demand.
Japan's Household Spending Decline Extended to March, JTX Advanced Metals Plunged After Bond Issuance Plan May 12
Japan's household spending declined for the fourth consecutive month in March amid rising inflationary pressures. JTX Advanced Metals announced its plan to sell convertible bonds and finance a stock buyback program.

More +

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.

More +

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