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Underweight positions on Chinese stocks unchanged through Q2- UBS
Investing.com-- Investors largely maintained their underweight positions on Chinese stocks in the second quarter, UBS said in a note, as a brief rally in the market did little to deter overall caution
Investing.com
Fri, Aug 9
Asian stocks rise on cooling recession fears, positive China inflation
Investing.com-- Asian stocks rose on Friday amid cooling fears that a U.S. recession was imminent, while mildly positive inflation data from China also helped spruce up sentiment. But regional markets
Investing.com
Fri, Aug 9
US stock futures steady after positive labor data sparks Wall St rebound
Investing.com-- U.S. stock index futures steadied in evening deals on Thursday following a positive session on Wall Street as data showing a bigger-than-expected drop in jobless claims soothed some fe
Investing.com
Fri, Aug 9
Midday movers: Eli Lilly, Robinhood and Zillow rise; Warner Bros, Fastly, Bumble fall
(Updated - August 8, 2024 11:33 AM EDT)Investing.com -- U.S. stock futures surged Thursday after key weekly jobs data eased recession fears.Here are some of the biggest U.S. stock movers today:Warner
Investing.com
Thu, Aug 8
Ideal Power partners with third global carmaker for EV tech
Ideal Power Inc (NASDAQ:IPWR), a company specializing in innovative power switch technology, announced Wednesday its collaboration with a third major global automaker to explore the integration of
Investing.com
Thu, Aug 8
We remain in a bull market, selloff is a buyable correction: Evercore ISI
Despite recent market volatility, Evercore ISI analysts assert that we are still in a bull market and view the current selloff as a "buyable correction."Reflecting on historical market turbulence, the
Investing.com
Thu, Aug 8
Persimmon up on strong H1 results, reaffirmed outlook
Investing.com -- Shares in Persimmon (LON:PSN) surged on Thursday after it reported better-than-expected first-half results and reaffirmed its positive outlook for the year. At 6:52 am (1052 GMT),
Investing.com
Thu, Aug 8
Worst of the sell-off over but sit tight on big directional bets for now: GS
Following a chaotic week in global markets, the worst of the sell-off might be over, but investors need to "keep the reins tight on big directional bets for now," Goldman Sachs (NYSE:GS) strategists s
Investing.com
Thu, Aug 8
Zurich insurance posts record profits, but shares dip on catastrophe worries
Investring.com -- Zurich Insurance Group (SIX:ZURN) reported strong first half results with record operating profits and a strong trajectory toward exceeding its 2025 targets. Despite this, concerns a
Investing.com
Thu, Aug 8
Hikma Pharmaceuticals shares surge on upbeat guidance
Investing.com -- Shares of Hikma Pharmaceuticals (LON:HIK) jumped on Thursday after the company raised its full-year guidance, buoyed by robust performance in its Branded and Generics divisions. At
Investing.com
Thu, Aug 8
Beazley shares skyrocket on strong earnings
Investing.com -- Shares in Beazley plc (LON:BEZG) rallied sharply today after the company reported a better-than-expected first-half results and upgraded its full-year outlook.At 4:53 am (0853 GMT), B
Investing.com
Thu, Aug 8
Warner Bros Discovery shares slide 10% on $9.1B networks unit write-down
Investing.com -- Warner Bros. Discovery reported Wednesday a wider second-quarter loss after taking a $9.1 charge in its networks unit following the loss of lucrative NBA media rights. Warner Bros Dis
Investing.com
Thu, Aug 8
Entain shares soar on upbeat outlook, FY guidance hike
Investing.com -- Shares in Entain plc (LON:ENT) jumped on Thursday after the company raised its full-year earnings forecast, signaling improved operational performance and a strong outlook.At 4:15 am
Investing.com
Thu, Aug 8
Deliveroo delivers surprise profit, shares jump
Investing.com -- Shares of Deliveroo (LON:ROO) jumped on Thursday after the company reported a turnaround, posting its first-ever half-year profit and generating positive free cash flow. The results m
Investing.com
Thu, Aug 8
Rheinmetall reports record orders, booming profits, bright outlook
Investing.com -- Rheinmetall AG (ETR:RHMG) is on track for another year of strong growth, confirming its annual guidance for 2024. The company projects sales around €10 billion, supported by a str
Investing.com
Thu, Aug 8
FTSE 100 in red today; U.K. shares mixed at market open
Investing.com – U.K. equities started with losses on Thursday, with falls in nearly all sectors, the most notable ones being the Industrial Transportation, Mobile Telecommunications, Constructio
Investing.com
Thu, Aug 8
Siemens AG posts Q3 Beat, maintains FY outlook amid DI automation challenges
Investing.com -- Siemens AG (ETR:SIEGn) reported strong third quarter results beating consensus estimates in key areas. The tech conglomerate’s industrial profit exceeded expectations by 7%, while E
Investing.com
Thu, Aug 8
Asian stocks turn higher in choppy trade, growth concerns persist
Investing.com-- Most Asian stocks pared early losses and rose on Thursday, although persistent concerns over slowing economic growth and higher interest rates kept markets volatile and still limited o
Investing.com
Thu, Aug 8
HP plans aggressive shift away from China amid geopolitical risks- Nikkei Asia
Investing.com-- PC maker HP Inc (NYSE:HPQ) is planning to shift more than half of its computer production away from China amid concerns over geopolitical risks with Taiwan, Nikkei Asia reported.HP has
Investing.com
Thu, Aug 8
Tesla: FSD price cuts could be ‘critical catalyst’ for shares, RBC says
Investing.com-- Tesla Inc (NASDAQ:TSLA) saw an increase in subscriptions of its full self driving software in the second quarter amid promotional offers and price cuts, with RBC analysts stating that
Investing.com
Thu, Aug 8
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