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“Optical Giant” Coherent Beats Earnings but Misses Guidance, Shares Plunge 19% After Hours
TradingKey - After U.S. markets closed on Wednesday, optical components leader Coherent (COHR) saw its stock plunge 19% in extended trading. Despite delivering a fourth-quarter earnings beat, the company’s weaker-than-expected guidance for the current quarter raised concerns about the sustainabilityTradingKey
5 minutes ago
Hapag-Lloyd lowers 2025 earnings forecast after half-year profit slips
Earnings forecast cut on geopolitical, trade policy uncertaintyRevenue rises 10%, transport volumes grow 10.6% Gemini cooperation with Maersk boosts performance FRANKFURT, Aug 14 (Reuters) - Container shipping company Hapag-Lloyd HLAG.DE reported a 3.1% decline in first-half net income on Thu...Reuters
15 minutes ago
India stock benchmarks muted ahead of key Trump-Putin meet
** Nifty .NSEI, Sensex .BSESN subdued ahead of Trump-Putin talks on Friday in Alaska** Treasury Secretary Scott Bessent says sanctions or secondary tariffs, including on India goods, could grow if meeting doesn't go well** Last week, U.S. announced additional 25% tariffs on Indian goods over its...Reuters
25 minutes ago
LIVE MARKETS-Europe before bell: Catching breath
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com.EUROPE BEFORE BELL, CATCHING BREATH It's looking like a less fevered day for European stocks, with futures pointing to small de...Reuters
27 minutes ago
Crypto Daily | Ethereum Surpasses $4,700; Cathie Wood Buys $172M Worth of Bullish Stock
Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsBitcoin Surpasses $121,000 with a 2.12% Increase in 24 HoursBitcoin has crossed the $121,000 benchmark and is now trading at $121,817, with a narrowed 2.12% increas...Tiger News
39 minutes ago
Lanxess seen down after deeper-than expected FY profit outlook cut on weak demand
** Shares in Lanxess LXSG.DE fall around 2% in early Frankfurt trade after the German speciality chemicals maker cut its FY profit guidance, due to persisted weak demand** Lanxess now expects FY EBITDA pre exceptionals of 528 million to 580 million euros ($617.71-$678.54 million), having previously ...Reuters
an hour ago
Morningstar flags risks for Aussie gambling firm Tabcorp
** Morningstar flags risks for top Australian gambling firm Tabcorp TAH.AX ** Investment research firm says conditions for betting remain challenging in Australia due to co's aging physical locations, intense competition** Notes rivals Flutter Entertainment FLTRF.L and Entain ENT.L have also war...Reuters
an hour ago
'Tesla shame' bypasses Norway as sales jump despite Musk's politics
Tesla faces declining sales over CEO's right-wing politicsNorway bucks trend, with 24% sales growth in first half of yearCompany helped by deep ties to Norway, analysts sayTesla launches promotions in face of growing competitionBy Marie Mannes SKI, Norway, Aug 14 (Reuters) - Like many Norwegi...
Reuters
an hour ago
INSIGHT-How India struggled to regulate Jane Street's money-spinning machine
India's top exchange says it gave regulator data on Jane Street in Nov 2023Regulator started informal examination into Jane Street in second half of 2023, sources sayJane Street says it believes company is fully compliant with Indian lawJane Street currently not trading in India, spokesperson sa...Reuters
an hour ago
LIVE MARKETS-MORNING BID: Bitcoin joins the risk-on party
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com.MORNING BID: BITCOIN JOINS THE RISK-ON PARTY You know markets are fully risk-on when cryptocurrencies are on a tear, with bitc...Reuters
an hour ago
Hapag-Lloyd posts 3.1% lower net profit in H1, lowers top of FY forecast
FRANKFURT, Aug 14 (Reuters) - German container shipping company Hapag-Lloyd HLAG.DE, the world's fifth largest, on Thursday posted a 3.1% decline in its first-half net income to 709 million euros ($829 million) and brought down the top of its full-year earnings forecast range, citing geopolitica...Reuters
an hour ago
GLOBAL MARKETS-Stocks take a breather, Fed rate-cut drumbeat weighs on dollar
Dollar under pressure on rising Fed rate-cut wagers Risk-on rally lifts bitcoin to record highAnalysts caution economic data could alter rate expectationsBy Jaspreet Kalra SINGAPORE, Aug 14 (Reuters) - The U.S. dollar was under pressure on Thursday as traders piled into wagers that the Federal Re...Reuters
2 hours ago
INDIA STOCKS-India's benchmarks flat as investors focus on Russia-US talks
By Bharath Rajeswaran and Vivek Kumar M Aug 14 (Reuters) - India's equity benchmarks were muted on Thursday as caution prevailed ahead of Russia-U.S. talks on the war in Ukraine a day later. The Nifty 50 .NSEI traded within a range of 68.25 points, the narrowest since May 18, 2024. I...Reuters
2 hours ago
India's Infosys rises on deal to buy 75% stake in Aussie cloud services provider
** Infosys INFY.NS rises 1.6% to 1,449 rupees** Co says it will buy 75% stake in Versent Group, a wholly-owned unit of Australia's Telstra Group TLS.AX, for $153 mln** Versent provides cloud services to Australian cos in finance, energy and other sectors** Morgan Stanley says deal price doesn...Reuters
3 hours ago
Zeekr Group Reports Second Quarter 2025 Unaudited Financial Results
HANGZHOU, China, Aug. 14, 2025 /PRNewswire/ -- ZEEKR Intelligent Technology Holding Limited ("Zeekr Group" or the "Company") (NYSE: ZK), the world's leading premium new energy vehicle group, today announced its unaudited financial results for the second quarter ended June 30, 202...PR Newswire
3 hours ago
MORNING BID EUROPE-Bitcoin joins the risk-on party
A look at the day ahead in European and global markets from Ankur BanerjeeYou know markets are fully risk-on when cryptocurrencies are on a tear, with bitcoin joining global stocks to scale a record peak as the near certainty of U.S. interest rate cuts bolsters risk sentiment and weighs on the dolla...Reuters
3 hours ago
Domino's India operator rises after Q1 profit beat
** Shares of Jubilant Foodworks JUBI.NS rise 2.2% to 653.7 rupees** Domino's India operator posts Q1 profit of 917.6 mln rupees vs analysts estimates of 645.6 mln rupees helped by lower-priced menu items and free deliveries ** Co's like-for-like sales grew 11.6%, led by 20.1% growth in deliv...Reuters
3 hours ago
KFC India operator Devyani falls on Q1 profit slump; brokerages flag weakness ahead
** Devyani International DEVY.NS falls 0.7% to 157 rupees** KFC and Pizza Hut operator posts 88% y/y slump in Q1 profit; rev from ops up 11.1% y/y** Brokerages see weakness ahead as margins remain under stress** Core profit margins contracted 15.1% from year-ago 18.3%, weighing on profitability** Ph...Reuters
3 hours ago
[US IPO] "Crypto's New Darling": Bullish Rockets 200% in Wild Trading Debut
TradingKey - The New York Stock Exchange welcomed a major cryptocurrency sector listing on August 13 with the debut of crypto exchange Bullish (ticker: BLSH). Shares surged dramatically on opening day, hitting an intraday high of $118 per share—more than 200% above its $37 IPO price.TradingKey
3 hours ago
