Microsoft and Meta shares fall amid slower growth prospects
Microsoft and Meta both surpassed market expectations in their September quarter earnings. However, investors are concerned about their ongoing rising spending on AI, weighing on…
Asian shares rise as the yen dips after Japan’s ruling party loses majority
Asian shares rose on Monday, as the yen dipped in the midst of political uncertainty after Japan's ruling party lost its majority in Parliament's lower…
Barclays reports strong earnings on robust investment bank revenue
Barclays shares surged to a nine-year high on the NYSE following strong third-quarter earnings, primarily driven by growth in its investment bank. CEO Venkatakrishnan expressed…
Germany’s economic sentiment improves, DAX index hits record highs
October's rise was driven by interest rate cut expectations and export optimism, despite a worsening current outlook. The DAX hit record highs, boosted by falling…
Nvidia shares hit new high as demand soars for AI supercomputer chips
Nvidia's shares closed at a record high on Monday, driven by growing optimism around the strong demand for its new supercomputing AI chips, Blackwell. Analysts…
China’s CPI and economic briefings dampen European market sentiment
China reported weaker-than-expected consumer price growth for September, alongside an underwhelming economic briefing, which may exert pressure on European luxury stocks. ADVERTISEMENTChina reported weaker-than-expected inflation…
Weekly markets recap: Good week for European stocks as Dax hits fresh high
The European stock markets maintained their upward trajectory as cooling inflation bolstered hopes for more significant rate cuts by the European Central Bank. The DAX…
Trading mixed as Bank of Japan governor warns markets are unstable
Trading in Asian markets were mixed and muted on Friday morning ahead of a key Fed Chair speech - and as the Bank of Japan…
Wall Street’s next big test is looming with Nvidia’s profit report
How much hype is left in Nvidia's stock? Anyone with an S&P 500 index fund is hoping to get an answer to that weighty question…
Surprise result over which European stock market investors look to invest
A Wall Street bank poll shows that investors in America favour the UK stock market over European alternatives, signalling a change of fortune for the…
US stocks buoyant as investors return after global sell-off
A rising tide swept stocks higher, and calm returned to Wall Street after Japan's market soared earlier Tuesday to claw back much of the losses…
European markets set to open higher as global sell-off eases
European markets are set to open in the green on Tuesday morning as Japan's share benchmark soared nearly 11% overnight - after a massive sell-off.…
Wall Street sees sea of red as investors fear US economic slowdown
Stocks open sharply lower on Wall Street as investors fear a US economic slowdown; Dow drops 1,000 points. ADVERTISEMENTStocks opened sharply lower on Wall Street…
Brakes on Porsche profit outlook due to alloy supply shortage
Shares in Porsche fell nearly 5% on Tuesday morning after the German sports car maker cut its sales and profitability outlook for 2024. ADVERTISEMENTPorsche AG…
Microsoft and CrowdStrike shares fall pre-market trading as IT outage hits
Shares in CrowdStrike and Microsoft were in the red pre-market trading in the US after a global IT outage hit companies and industries worldwide. ADVERTISEMENT“There…
Weekly Recap: Markets rebound as Europe shrugs off political jitters
Global stock markets are mostly higher for the week as expectations for central banks to lower interest rates strengthened, while fears of European political disruptions…
Shares in Trump Media slump after hush money trial conviction
ADVERTISEMENTShares of Trump Media & Technology Group, the owner of social networking site Truth Social, slumped on Thursday after former President Donald Trump was convicted…
Citigroup fined millions in UK over ‘fat-finger’ trading error
Trade monitoring controls at the US investment bank were not robust enough and led to mistakes, explained UK regulators. ADVERTISEMENTCitigroup has been fined £61.6 million…
Riding the AI Wave: Amazon’s growth accelerates in the first quarter
Amazon delivered strong first-quarter earnings owing to robust growth in its cloud business, AWS. ADVERTISEMENTAmazon reported robust first-quarter earnings that surpassed market expectations as its…
Back to basics: Want to start investing but don’t know how?
Investing can seem daunting if you're a beginner. Here's a simple guide to help you get started. ADVERTISEMENTThere are a number of different reasons why…