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GDP and manufacturing met the expectations, FTSE 100 opened in green

Investing.com – U.K. equities started with gains on Thursday, with rises in majority of sectors, the most notable ones being the Personal Goods, Gas Water & Multiutilities, Beverages and Rea
Investing.com
Jul 11, 2024

Asian tech, chipmaking stocks rise as TSMC spurs AI cheer

Investing.com-- Technology stocks in Asia rose on Thursday, with chipmakers in the lead as strong monthly revenue figures from TSMC drummed up optimism over artificial intelligence-driven demand. TSMC
Investing.com
Jul 11, 2024

US stock futures edge lower with CPI data set to offer more rate cues

Investing.com-- US stock index futures fell slightly in evening deals on Wednesday, cooling after a recent rally on Wall Street as focus turned towards upcoming inflation data to set the stage for int
Investing.com
Jul 10, 2024

Alcoa Corporation reports positive preliminary results for Q2 2024

Investing.com - Alcoa Corp (NYSE:AA) gained 2.2% in after-hours trade on Wednesday after unveiling preliminary financial results for the second quarter of 2024.CEO William F. Oplinger expressed op
Investing.com
Jul 10, 2024

Citigroup hit with $136M in fines over data management issues

Investing.com - Citigroup Inc (NYSE:C) has been fined $136 million after the bank was found to have made insufficient progress in addressing its data quality management issues.This joint enforceme
Investing.com
Jul 10, 2024

Costco to hike membership fees; shares jump

Investing.com -- Costco jumped in afterhours trading Wednesday after the big box retailer said it would hike its annual membership fees starting this fall.  Costco Wholesale Corp (NASDAQ:COST) was up
Investing.com
Jul 10, 2024

Deckers Outdoor plunges amid concerns over brand growth deceleration

Investing.com - Deckers Outdoor Corporation (NYSE:DECK) tanked 4.9% on Wednesday, following cautionary remarks from M Science regarding a significant slowdown in growth for its Hoka and UGG brands in
Investing.com
Jul 10, 2024

WK Kellog faces soggy outlook that puts margin expansion in crosshairs: BofA

Investing.com -- WK Kellog faces a battle to improve volumes that could force the cereal maker to ramp up investments, keeping a lid on margin expansion at a challenging time in the cereal category, 
Investing.com
Jul 10, 2024

FTC to sue drug managers amid insulin price hikes

Investing.com - The Federal Trade Commission (FTC) is gearing up to sue the top three pharmacy-benefit managers (PBMs) over their strategies for negotiating drug prices, including insulin. This follow
Investing.com
Jul 10, 2024

Where will Tesla stock move after humbling analysts with Q2 results?

Tesla (NASDAQ:TSLA) stock has staged a massive rally in recent weeks. The remarkable turnaround with shares gaining more than 75% since hitting 52-week lows in April indicates that Tesla shares have s
Investing.com
Jul 10, 2024

RBC - HubSpot's buying potential surges as Google shelves acquisition plan

Investing.com - Analysts from RBC have weighed in on the recent news that Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) has reportedly suspended its efforts to acquire HubSpot Inc (NYSE:HUBS)., leadin
Investing.com
Jul 10, 2024

Apple targets 10% iPhone shipment growth in 2024 - Bloomberg

Investing.com - Apple Inc (NASDAQ:AAPL) is planning to ship at least 90 million units of its iPhone 16 in the latter half of 2024, banking on AI services to bolster demand for its new lineup following
Investing.com
Jul 10, 2024

Alphabet walks away from pursuit of Hubspot: Bloomberg

Investing.com -- Alphabet has walked away from its pursuit of HubSpot, Bloomberg reported Wednesday, citing unnamed sources.   HubSpot Inc (NYSE:HUBS) fell 12% in recent trading.Earlier this year,
Investing.com
Jul 10, 2024

Exclusive: Groupon activist ups stake on 'growing conviction', stock adds new bull

Investing.com -- Shares of Groupon Inc (NASDAQ:GRPN) are trading higher midday Wednesday, up nearly 7%, as both Wall Street’s analysts, as well as some of its biggest shareholders voice strong sup
Investing.com
Jul 10, 2024

US Treasury sells $39B 10-year notes at slightly lower-than-expected yield

Investing.com -- The U.S. government sold $39 billion of 10-year Treasuries on Wednesday at a slightly lower-than-expected yield as stronger domestic buying eased the hit from softer demand.      The
Investing.com
Jul 10, 2024

Wolfe increasingly convinced Fed will start cutting interest rates in September

Wolfe Research analysts doubled down on their prediction of a Federal Reserve policy shift, citing recent comments from Chair Jerome Powell in his testimony to the Senate Banking Committee and economi
Investing.com
Jul 10, 2024

Apple stock target raised at Needham on ads business strength, buyback plan

Needham&Company analysts increased their price target for Apple (NASDAQ:AAPL) to $260 from $220 in a note Wednesday, citing the company's hefty $110 billion share buyback plan and the potential of
Investing.com
Jul 10, 2024

Microsoft, Tesla and Goodyear rise premarket; 3M and Honeywell fall

Investing.com -- U.S. stock futures largely edged higher Wednesday, ahead of the second round of comments from Fed chief Jerome Powell to Congress.Here are some of the biggest premarket U.S. stock mov
Investing.com
Jul 10, 2024

Barclays launches Volvo AB at Equal Weight, favors Daimler Truck and Traton

Investing.com - Barclays (LON:BARC) has initiated coverage of Volvo AB (OTC:VLVLY) with an Equal Weight rating and a price target of SEK 300. The British investment bank acknowledged Volvo's reputat
Investing.com
Jul 10, 2024

Is Tesla energy worth more than Tesla auto? Morgan Stanley discusses

 Morgan Stanley (NYSE:MS) analysts raised questions about the relative value of Tesla (NASDAQ:TSLA)'s business segments compared to auto.The US investment bank highlights the surging interest in Tesl
Investing.com
Jul 10, 2024
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