1.TENCENT : China’s market regulator on Saturday said it would bar Tencent Holdings Ltd from exclusive music copyright agreements and fined the company for unfair market practices in the online music market after its acquisition of China Music Corporation....
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1.INTEL :Intel stock was down 1.7% in Friday’s premarket trading following a disappointing forecast for the ongoing financial year that hinted at ongoing loss of market share in providing data centers with silicon chips. and chief executive Pat Gelsinger’s...
AT&T is trading down 0.04% at 27.90 AT&Treported on Thursday second quarter earnings that beat analysts’ forecasts and revenue that topped expectations. AT&T announced earnings per share of $0.89 on revenue of $44B. Analysts polled by Investing.com anticipated EPS...
1.VISA :Visa Inc said on Thursday that it had agreed to buy British cross-border payments provider Currencycloud at a valuation of 700 million pounds ($962.01 million). Visa has been a Currencycloud shareholder since 2020, and the financial consideration will...
1.COCA-COLA :-Coca-Cola Co raised its full-year sales and profit forecasts on Wednesday, as demand rebounds for its beverages from the re-opening of theaters, restaurants and stadiums. Shares of the world’s largest soda maker rose 2% in early trading. Revenue...
Johnson & Johnson (NYSE:JNJ) is trading up 0.94% at 168.45 Johnson & Johnson on Wednesday forecast just $2.5 billion in 2021 sales of its COVID-19 vaccine, which has fallen way behind rival shots from Pfizer and Moderna (NASDAQ:MRNA) as...
1.VOLVO : -Sweden’s AB Volvo warned on Tuesday of more production disruptions and stoppages this year after chip shortages prevented the truck maker from fully capitalising on strong demand for its vehicles in the second quarter. Operating profit at...
1.WALMART : Walmart’s Flipkart should not be treated the same as rival Amazon in an Indian antitrust probe as the evidence against the two firms was “qualitatively different”, Flipkart argued in a court filing seen by Reuters. In final...
1.VOLKSWAGEN : German automaker Volkswagen AG , the top foreign automaker in China, the world’s biggest car market, said on Friday that it expected chip supplies to improve in the next six months. Automakers around the world have had...
Intel (NASDAQ:INTC) is trading down 1.26% at 55.81 Intel (NASDAQ:INTC)stock was up almost 1% in Friday’s premarket trading on a report in The Wall Street Journal that the company is in talks to buy GlobalFoundries for about $30 billion....
1.DAIMLER: Mercedes-Benz maker Daimler AG on Thursday reported preliminary adjusted group earnings before interest and tax (EBIT) of 5.42 billion euros ($6.42 billion) for the second quarter, with car and truck divisions beating analyst targets. Mercedes-Benz Car and Van...
Exxon Mobil Corp (NYSE:XOM) is trading down 2.22% at 59.53 Exxon Mobil Corp (NYSE:XOM)said on Wednesday it will begin hiring additional temporary operators of its Beaumont, Texas refinery as a lock out of 650 union-represented workers runs into its...
1. PFIZER:COVID-19 vaccine maker Pfizer Inc (NYSE: PFE) will meet with federal health officials as soon as Monday to discuss the need for a booster dose of the coronavirus vaccine as it prepares to seek authorization, the company said...
1.PFIZER:Pfizer Inc plans to ask U.S. regulators to authorize a booster dose of its COVID-19 vaccine within the next month, the drugmaker’s top scientist said on Thursday, based on evidence of greater risk of reinfection six months after inoculation...
1. GOOGLE:Alphabet was down 1.8% in Thursday’s premarket trading, a day after several states took it to court alleging the company operates an illegal monopoly with its Google Play app store. The suit adds to the pile of litigations...
1.SAMSUNG: Samsung Electronics Co Ltd on Wednesday reported a likely 53% jump in second-quarter operating profit, beating market estimates on the back of strong chip prices and demand despite lower smartphone sales. The preliminary result is up 33% from...
1.FACEBOOK: Facebook Inc said it has resolved a technical issue that caused some users trouble accessing Facebook , Messenger, Workplace and Instagram on Saturday. “We resolved the issue as quickly as possible for everyone who was impacted, and we...
U.S. CB Consumer Confidence WHEN: WHAT IT INFLUENCES: 29th JUNE 2021 USD and its subsequent pairs WHAT’S HAPPENING: Conference Board (CB) Consumer Confidence measures the level of consumer confidence in economic activity. It is a leading indicator as it...
TOP 5 STOCKS TO WATCHOUT:- 1.GOLDMAN SACHS:-Goldman Sachs has launched its transaction bank in Britain, the firm said Monday, expanding the business after launching in the United States last year as it looks for steadier sources of revenue beyond...
Australia Retail Sales MoM WHEN: WHAT IT INFLUENCES: 20th JUNE 2021 AUD and its subsequent pairs WHAT’S HAPPENING: Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator...
TOP 5 STOCKS TO WATCHOUT:- 1.APPLE: -Apple Inc said Thursday it will give $5 million to four historically Black universities to help expand their engineering programs for designing the chips that power electronic devices. Apple said the $5 million...
1.MICROSOFT:The U.S. Supreme Court on Monday gave Microsoft Corp’s LinkedIn Corp another chance to try to stop rival hiQ Labs Inc from harvesting personal data from the professional networking platform’s public profiles – a practice that LinkedIn contends threatens...
1.AMAZON:Amazon will guarantee an entry-level wage at its German warehouses of 12 euros ($15) an hour, the company said on Friday in the face of a long-running battle with a top labour union. Germany is Amazon’s biggest market after...
TOP 5 STOCKS TO WATCHOUT:- 1.TESLA:Tesla Inc delivered a high-performance version of its Model S on Thursday, aiming to reignite interest in the nearly decade-old sedan and fend off rivals such as Porsche, Mercedes-Benz and Lucid Motors in the...
TOP 5 STOCKS TO WATCHOUT:- 1.Volkswagen:Volkswagen expects a shortage in semiconductor supply to ease in the third quarter but sees the bottlenecks continuing in the long-term, a board member told Handelsblatt newspaper. “At the moment we have reached the...
TOP 5 STOCKS TO WATCHOUT:- 1.Ferrari:Ferrari has turned to technology industry leader Benedetto Vigna to navigate the luxury sports car maker known for its roaring, high-octane engines through a new era of silent, electric powertrains. Vigna, a 52-year-old Italian...
TOP 5 STOCKS TO WATCHOUT:- 1. IBM:Semiconductor manufacturer GlobalFoundries on Monday sued International Business Machines Corp, asking a judge to rule that it did not violate a contract with the U.S. company which claims it is owed $2.5 billion...
1. VOLKSWAGEN :-Volkswagen Chairman Hans Dieter Poetsch will seek re-election at a coming annual general meeting, the carmaker said on Saturday. Poetsch, 70, became chairman of the supervisory board in 2015, weeks after the start of the diesel emissions...
Japan Gross Domestic Product (GDP) QoQ WHEN: WHAT IT INFLUENCES: 7th JUNE 2021 JPY and its subsequent pairs WHAT’S HAPPENING: Gross Domestic Product (GDP) measures the change in the inflation-adjusted value of all goods and services produced by the...
TOP 5 STOCKS TO WATCHOUT:- 1. JP MORGAN :-JPMorgan Chase & Co head of asset and wealth management Mary Callahan Erdoes said on Wednesday her division of the bank is looking into possible opportunities for add-on acquisitions. “I wouldn’t...
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European stock markets are expected to open lower Monday, after a negative lead from Asia that reflected dismay at China’s latest move against technology companies. At 2:05 AM ET (0605 GMT), the DAX Futures contract in Germany traded 0.4%...
European stock markets are expected to open higher Friday, ending a volatile week on a positive note, helped by a supportive tone from the European Central Bank. At 2:10 AM ET (0610 GMT), the DAX Futurescontract in Germany traded...
European stock markets are expected to edge higher at the open Thursday, continuing the recovery from the sharp selloff at the start of the week ahead of the latest policy announcement by the European Central Bank. At 2 AM...
European stock markets are seen opening mixed Wednesday, stabilizing after the week’s volatile start with earnings season continuing in strong style At 2:10 AM ET (0605 GMT), the DAX Futures contract in Germany traded 0.1% lower, while CAC 40...
European stock markets pushed higher Tuesday, rebounding after the previous session’s sharp losses, helped by a strong quarterly update from Swiss banking giant UBS. At 3:45 AM ET (0845 GMT), the DAX in Germany traded 1% higher, the CAC...
European stock markets are seen opening lower Monday, with continuing concerns over rising numbers of Covid-19 cases globally weighing on sentiment. Oil prices are also falling as producers agree to increase output. At 2:05 AM ET (0605 GMT), the...
European stock markets are seen opening mixed Friday, stabilizing after the previous session’s sharp losses ahead of the release of Eurozone inflation data for June. At 2:05 AM ET (0605 GMT), the DAX Futures contract in Germany traded 0.1%...
The euro bounced off a more-than 3-1/2 month low against the U.S. dollar on Thursday after dovish comments by the Fed chief broke a recent spike in Treasury yields. In testimony to the U.S. Congress, Fed Chair Jerome Powell...
The European Central Bank took a step in the Federal Reserve’s direction with its new inflation target of 2%, while stopping short of a similar commitment to let the economy run hot after a recovery. In announcing the results...
European stock markets pushed higher Friday, regaining some of the previous session’s sharp losses, but are still set to end the week in the red amid growing concerns about the strength of the global economic recovery. At 3:40 AM...
European stock markets traded lower Thursday ahead of the publication of the ECB’s strategy review, handing back some of the previous session’s gains after a weak lead from Asia. At 4:05 AM ET (0805 GMT), the DAXin Germany traded...
European stock markets are seen opening marginally higher Wednesday, after the previous session’s sharp selloff, but investors remain cautious about the strength of the global recovery, the threat of the delta Covid variant and the potential for central bank...
European stock markets are seen opening lower Tuesday, as investors digest the collapse in talks over oil production levels between a group of major producers and the associated rise in prices. At 2:05 AM ET (0605 GMT), the DAX...
European shares ended higher on Thursday as a rally in crude prices saw energy stocks surge more than 2%, while strong earnings reports helped dispel some concerns over the infectious “Delta” variant of the coronavirus. The pan-European STOXX 600closed...
Global shares retreated from recent highs on Wednesday, as Asian markets grew jittery about a resurgence of COVID-19 cases and Western markets awaited Friday’s U.S. jobs report and what it might mean for monetary policy. Asset markets have been...
European shares ended higher on Tuesday after data showed economic sentiment improved sharply in June, while Adidas lifted the German index with a share buyback plan. The pan-European STOXX 600 closed 0.3% higher at 456.37 points, after data showed...
Germany stocks were mixed after the close on Monday, as gains in the Utilities Technology and Retail sectors led shares higher while losses in the Industrials, Transportation& Logistics and Insurance sectors led shares lower. At the close in Frankfurt,...
The MSCI world equity index gained 0.55%. In Europe, the stoxx 600 gained 0.87%, ending near an all-time high set earlier this month after news that German business morale hit its highest in 2-1/2 years. Britain’s FTSE 100 share...
Germany stocks were lower after the close on Wednesday, as losses in the Retail, Chemicals and Insurance sectors led shares lower. At the close in Frankfurt, the DAX lost 1.15%, while the MDAX index lost 0.98%, and the TecDAX...
The European Commission approved on Tuesday Germany’s 25.6 billion euro plan to recover from the pandemic and transform the economy to become greener and more digitalised in coming years. The scheme will be financed from EU grants only until...
Global shares extended their recovery on Tuesday from four week lows, as investors focused on prospects for post-pandemic economic growth, rather than fret more over the hawkish stance taken by the U.S. Federal Reserve at a policy meeting last...
A slide in European bank and energy stocks was exacerbated by hawkish comments from a Federal Reserve official, which also saw the STOXX 600 index snap a four-week winning streak as fears of U.S. policy tightening came to the fore....
European shares ended a touch lower on Thursday as hawkish signals from the U.S. Federal Reserve raised concerns over early policy tightening, with mining stocks falling the most as commodity prices tumbled. The pan-European STOXX 600 index was down...
The European Commission will make an assessment of banks it banned from EU Recovery Fund bond issuance very soon, which could see lenders re-admitted to the process, sources familiar with the situation told Reuters on Wednesday. The European Union...
European shares rose for an eighth straight session on Tuesday, driven by optimism over an economic recovery this year, but gains were limited as investors hunkered down ahead of the Federal Reserve’s two-day policy meeting. The pan-European STOXX 600...
European shares ended at a record high on Monday as energy stocks surged on strength in the oil market, while expectations of accommodative monetary policy grew even as a global economic recovery picked up speed. The pan-European STOXX 600...
European shares and an index of global stock performance scaled new peaks while yields on U.S., Japanese and European government debt fell on Friday as investors embraced the easy monetary policies of major central banks. Investor sentiment rose in...
European stocks inched to fresh peaks on Thursday as the European Central Bank raised its recovery outlook and promised to keep ample stimulus flowing, while travel stocks fell after a recent run of gains. The pan-European STOXX 600index was...
European stocks remained near record highs on Wednesday, with investors holding off on taking big bets ahead of a policy decision from the European Central Bank and a U.S. inflation reading later this week. The pan-European STOXX 600index closed...
European stocks hit new highs on Tuesday, lifted by travel and real estate shares, but weak German industrial output data and doubts over Britain lifting restrictions later this month capped gains. The pan-European STOXX 600index closed 0.1% higher after...
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