Nvidia shatters expectations: Revenue up 265% as AI demand continues
Nvidia's earnings report exceeded forecasts, with a 22% quarterly and 265% yearly revenue spike to $22.1 billion (€20.46 billion) on the heels of AI-driven growth,…
Amazon joins the Dow, the ‘elite’ club of the US stock market’s biggest companies
The e-commerce giant will replace drugstore operator Walgreens Boots Alliance on the Dow, before the opening of trading on Monday. ADVERTISEMENTAmazon is joining the likes…
European natural gas prices plummet: Is the energy crisis finally over?
The Dutch TTF benchmark for European gas prices has seen a significant drop in February 2024, falling below €25/megawatt-hour (MWh), reaching levels last seen during…
Markets’ week ahead: European shares downbeat over French predictions
The French government's predictions for lower economic growth in 2024 put an early dampener on the mood of the markets. ADVERTISEMENTEuropean shares were fairly downbeat…
China to Rally on Reopen; Other Stocks Seen Mixed: Markets Wrap
Breadcrumb Trail LinksPMN BusinessAsian shares are set for a mixed start after Wall Street slumped on Friday amid signs US inflation is stickier than expected.…
Traders Scour Fuel Markets for Profits as Crude Prices Drift Sideways
Breadcrumb Trail LinksPMN BusinessTrading activity in fuels is surging the most in years as a listless crude market pushes investors to seek money-making opportunities in…
Lagarde’s Trump Warning Paves Way for EU Capital Markets Drive
Breadcrumb Trail LinksPMN BusinessEngulfed in a prolonged economic slowdown and facing the prospect of Donald Trump returning to the White House, the European Union is…
Lyft shares rocket 62% over a typo in the company’s earnings release
Lyft shares jumped 62% after the closing bell on Tuesday thanks in part to a typo in the ride-hailing company’s earnings release that appears to…
UK chipmaker Arm sees shares nearly double in less than a week
The chipmaker continues to go from strength to strength amid the AI boom. ADVERTISEMENTArm's share price has almost doubled since it announced its earnings last…
Markets’ week ahead: European stocks rise ahead of US inflation print
The US inflation report out on Tuesday could have a huge role in determining when and by how much the Federal Reserve decides to cut…
The EU is trusting fossil fuel firms to help clean up the carbon – POLITICO
In 2009, as part of a recession recovery package, the European Commission launched a €1 billion program to support eight projects in the hope of…
EU mum as solar industry time bomb ticks – POLITICO
Not only does the bloc need Chinese imports, but any trade measures against China’s solar industry could prompt retaliation. Europe has a “crucial dilemma when…
Bonds Slide on Rate Doubts; Asia Stocks Look Mixed: Markets Wrap
Breadcrumb Trail LinksPMN BusinessAsian bonds were poised to follow a slump in US Treasuries as strong economic data cut the likelihood of a quick Federal…
Five Key Charts to Watch in Global Commodity Markets This Week
Breadcrumb Trail LinksPMN BusinessIt’s another busy earnings period with reports coming from Big Oil firms BP Plc and TotalEnergies SE, as well as Caterpillar Inc.,…
Meta, Amazon smash earnings expectations, as stock markets surge | Economy
Asian markets rally after US tech giants post stronger-than-expected financial results. Asian markets have rallied after the release of stronger-than-expected earnings results by Meta and…
How the far right aims to ride farmers’ outrage to power in Europe – POLITICO
“Farmers’ anger has become a major issue for the far right across Europe,” said Kevin Cunningham, a political scientist who has studied the surge in…
Weaponizing Markets – Modern Diplomacy
Hong Kong stocks have been plunging to losses for the fourth straight year. In South Korea, global banks have intentionally and illegally shorted companies. As…
How Hollywood markets musicals says a lot about the way movies are sold
Thanks to Matt Brennan for taking the lead on our Wide Shot daily editions from the Sundance Film Festival in Park City, Utah. Now, back…
Trump’s return could be ‘big win for the world’ – POLITICO
Former United Kingdom Prime Minister Boris Johnson has endorsed Donald Trump to be the next president of the United States, arguing the controversial former leader…
The ‘dirty dozen’ of Davos – POLITICO
Press play to listen to this article Voiced by artificial intelligence. It’s that time of year again: Leaders, business titans, philanthropists and celebs descend on…