All Stock News
AMD, MicroStrategy, Meta, Marathon Digital, and Other Tech Stocks in Focus Today
Tech stocks were looking to build on the strong end to last week, edging higher early Monday. Crypto-exposed stocks enjoyed strong gains as Bitcoin's rebound continued.
Qualcomm's Smartphone Future Looks Brighter With AI
AI-enabled smartphones and PCs should help the maker of wireless chips, which remains among the cheapest in semiconductor stocks.
With Deliveries Picking Up And Budget Brand In The Offing, Is Xpeng Stock Attractive?
Chinese luxury electric vehicle maker Xpeng stock delivered a total of 9,393 vehicles in April, up 32% year-over-year, despite the ongoing price war in the Chinese EV market. Growth waas largely drive...
Exclusive: Shell in talks to sell Malaysia fuel stations to Saudi Aramco, sources say
Energy giant Shell is in talks with Saudi Arabia's state-owned Saudi Aramco to sell its gas station business in Malaysia, the second-largest such network in the country, four industry sources aware of...
Why The Hershey Company is a buy below $200
The Hershey Company (NYSE: HSY) recently reported its Q1 2024 earnings, surpassing both top and bottom-line estimates. With a Non-GAAP EPS of $3.07, exceeding expectations by $0.31, and a revenue of $...
Pentagon's Replicator selects AeroVironment's Switchblade-600 is first buy
The Pentagon said Monday that AeroVironment Inc's Switchblade-600 loitering munition was the first weapon to be publicly confirmed to be part of the Replicator initiative, which aims to rapidly deploy...
New drama looms over Disney theme parks ahead of Walt Disney Company (DIS) earnings tomorrow
Tomorrow, Tuesday 7th, of May, the Walt Disney Company (DIS) will report their second quarter earnings for 2024. Of special interest to shareholders will be the company's ‘Experiences' business (inclu...
Symbotic stock price forecast: brace for SYM volatility
Symbotic (NASDAQ: SYM) stock price has done as I predicted a few months ago. In my article in February, I estimated that it would drop to about $39.40, which happened in April.
Tesla Stock Is Rising After an Eventful Weekend
At the start of a new week, investors will be weighing the impact of a new Model Y version on Tesla's sales and earnings.
Will Rising Margins And Stock Buybacks Drive Apple Higher?
Apple Apple saw its sales for Q2 FY'24 fall, amid sluggish iPhone, iPad, and wearables sales. While revenue fell by 4% year-over-year to $90.8 billion, earnings came in at $1.53 per share, roughly fla...
Planters nuts recalled after discovery of potentially fatal contamination
Healthy individuals who consume the organism could suffer short-term symptoms like high fever, severe headache, stiffness, nausea, abdominal pain and diarrhea, according to the voluntarily issued reca...
State Street CEO on Dubai Reopening
Yie-Hsin Hung, State Street Global Advisors CEO, discusses reopening Dubai offices and Fed rate cuts. She speaks with Joumanna Bercetche and Jennifer Zabasajja on Bloomberg Horizons: Middle East & Afr...
Sabadell's board meets to analyse BBVA bid proposal, newspapers say
Spanish bank Sabadell's board will meet on Monday to discuss an all-share offer from bigger rival BBVA that was worth around 12 billion euros ($12.9 billion) when it was announced last week, newspaper...
Berkshire Hathaway has $189 billion in cash. Elon Musk has an idea where Warren Buffett should spend it.
The latest results from Berkshire Hathaway shows that the conglomerate had nearly $200 billion — $189 billion, to be precise —in cash at the end of the first quarter.
KKR to buy India's Healthium Medtech at $839 mln valuation, sources say
Global investment firm KKR will buy Indian medical devices maker Healthium Medtech from UK-based Apax Partners in a deal that three sources with direct knowledge of the matter say is valued at 70 bill...
Volvo Cars April sales rise 27% year-on-year
Volvo Cars' sales rose 27% in April from a year earlier to 65,838 cars, the Sweden-based group said in a statement on Monday.
Commercial jet maker Airbus is staying humble even as Boeing flounders. There's a reason for that
In the latest round of their decades-long battle for dominance in commercial aircraft, Europe's Airbus established a clear sales lead over Boeing even before the American company encountered more fall...
Hims & Hers CEO walks back praise for anti-Israel protesters after stock drops
Hims & Hers founder and CEO Andrew Dudum said Sunday that his earlier comments praising anti-Israel protesters on college campuses were "misconstrued by some."
Boohoo shares near key price ahead of interim earnings
Boohoo (LON: BOO) share price will be in focus this week as the company publishes its financial results which will provide more colour about its turnaround. The stock was trading at 34.45p on Monday, ...
Apple made more money from iPhones in China — but outside data showed sales dropped. The confusion comes down to prices, said an analyst.
Tim Cook said iPhone sales grew in China, despite external research showing a decline. The discrepancy may be due to different methods of calculating revenue used by Apple and analysts.
Exclusive: China's Sinopec in talks for gas offtake, stake in Canada's Cedar LNG
China's Sinopec is in discussions with Pembina Pipeline Corp for a liquefied natural gas (LNG) offtake agreement and equity stake in the Canadian company's proposed Cedar LNG project, two sources with...
Final Credit Suisse CEO, Ulrich Korner, to leave UBS, FT reports
Ulrich Korner, the final CEO of Credit Suisse, is set to leave UBS in the coming weeks, the Financial Times reported on Monday.
Palantir Earnings Day Is Here. The Focus Is On AI.
Shares have surged 36% this year—and more than 200% over the last 12 months.
UBS stock sends mixed signals ahead of earnings: buy or sell?
UBS (NYSE: UBS) stock price has suffered a harsh reversal in the past few days as investors wait for the coming financial results. Its American ADRs peaked at $31.27 on March 11th and have crashed by ...
5 Takeaways From the 2024 Berkshire Hathaway Annual Shareholders' Meeting
CEO Warren Buffett held court in front of around 18,000 investors in attendance in Omaha, Neb.
BNP Paribas' Pearson on EV Value Chain
BNP Paribas Head of Global Automotive Research Stuart Pearson discusses EV and battery value chain and China's "overcapacity" issues. He speaks with Stephen Engle on the sidelines of the "BNP Paribas ...
First Solar Stock Jumps As Prospect of Cheaper Borrowing Costs Drives Chart Breakout
Fist Solar (FSLR) will remain in the spotlight Monday after the solar panel maker's shares broke out from a key chart pattern on Friday after a soft April jobs report fueled hopes that sooner-than-ant...
Kim Godwin steps down as ABC News president after tumultuous 3 years
NEW YORK — Kim Godwin is out after three tumultuous years as ABC News president, a move presaged earlier this year when network parent Walt Disney Co. DIS, +0.92% installed one of its executives, Debr...
Former CEO Howard Schultz says Starbucks needs to overhaul its customer experience
A week after Starbucks Corp. reported disappointing quarterly earnings and a gloomy annual forecast, its former chief executive said the coffee chain needs to own up to its mistakes and work harder to...
China Stocks' Rally Can Sustain for a Bit, Goldman Sachs Says
Sunil Koul, Asia Pacific equity strategist at Goldman Sachs, discusses the outlook for Chinese stocks, which are trading higher as the market reopened after a holiday break. Koul speaks on "Bloomberg:...
Very bad news for Medical Properties Trust (MPW) stock price
Medical Properties Trust (NYSE: MPW) stock price will be in the spotlight on Monday as its biggest tenant comes on the verge of collapse. The move, if confirmed, will disrupt the recent recovery of MP...
BNP Paribas' McCappin on EVs, Bank's APAC Strategy
Brian McCappin, APAC Deputy Head of Global Markets at BNP Paribas, discusses the the outlook for the electric vehicle sector and bank's business strategy in the region. He speaks with Stephen Engle on...
Qantas will pay up to about $79 million to resolve claims it sold tickets for canceled flights
Qantas was accused in 2023 of advertising tickets to flights that were already canceled. Regulators announced Sunday that the airline agreed to pay $13.2 million to impacted customers.
Oil nudges higher after Saudi Arabia hikes prices
Oil futures edged up on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect of a Gaza ceasefire deal appeared slim, renewing fears the Israel-Hamas conflict could st...
Rolls-Royce share price outlook: May 23rd will be crucial
Rolls-Royce (LON: RR) share price has remained in a tight range since April as investors assess the ongoing earnings season. It was trading at 418p on Friday, where it has been stuck since March 21st.
Warren Buffett Praises Apple After Trimming Stake
Billionaire investor Warren Buffett, at Berkshire Hathaway Inc.' annual meeting on Saturday, revealed he'd cut his stake in Apple Inc. but said it will remain his firm's largest investment. Sally Bake...
Westpac's First-Half Profit Falls, Lifts Buyback
The Australian bank said its first-half net profit fell by 16%, but it would return more capital to shareholders through an increased dividend and bigger share buyback.
Qantas to pay A$100 million fine for selling tickets for canceled flights
SYDNEY — Qantas said it has agreed to pay a civil penalty of 100 million Australian dollars (US$66.1 million) to resolve court proceedings with a regulator which alleged the airline had advertised tic...
EQT to acquire digital consultancy firm Perficient for about $3 billion
Swedish private equity firm EQT AB will acquire U.S.-based digital consultancy firm Perficient in a deal valued at about $3 billion in an all-cash transaction that will take the company private, the c...
Qantas faces $66 million penalty for flight cancellations
Australian flagship airline Qantas Airways said on Monday it reached a settlement agreement with the country's competition regulator under which it may be obliged to pay A$100 million ($66.06 million)...
Australia's Westpac net profit falls 16%, announces additional $661 million buyback
Australia's Westpac Banking Corp reported a 16% drop in its first-half net profit on Monday as margins are squeezed by intense lending competition and higher costs. It also announced an increase of A$...
Warren Buffett Cuts Stake in Apple by 13%
Warren Buffett's Berkshire Hathaway has cut its stake in Apple, apparently for tax reasons. The conglomerate's first quarter earnings report — released Saturday — showed the company's investment in th...
Paramount reportedly approves buyout talks with Sony, Apollo
Paramount Global has agreed to formally begin negotiations with a buyout group led by Sony Pictures Entertainment and Apollo Global Management, the New York Times reported Sunday, after a 30-day exclu...
Paramount Officially Opens Talks With Sony And Apollo In Takeover Bid, Report Says
Paramount Global has opened acquisition negotiations with Sony and Apollo, The New York Times reported Sunday, after exclusive merger talks with Skydance lapsed Friday and the company continues to str...
Warren Buffett Dumps 13% Of Apple Stake Before $110 Billion Buyback
Berkshire Hathaway owns a big position in Apple stock. On May 4, the company's CEO Warren Buffett announced — while heaping praise on Apple after a weak Q2 report — a giant unloading of the iPhone mak...
Pharma giant adds Israel to list of Middle East markets after omission raises questions
Johnson & Johnson has added Israel to its Customer Connect order management website after questions rose over why it was excluded while "Palestine" was not.