Pandora Raises Full-Year Growth Guidance
Pandora, the Danish jeweler, has increased its full-year growth guidance after a strong start to the third quarter. The company reported a mid-single digit level of like-for-like growth in the…
China’s Central Bank Cuts Interest Rates as Economic Woes Continue
China's central bank took action on Tuesday in response to the country's weakening consumer spending and factory output, as the effects of the Covid-19 pandemic and ongoing lockdowns continue to…
Toronto Stocks Dive as Inflation Exceeds Expectations
By Adriano Marchese Toronto - Stocks in Toronto took a sharp downturn during mid-trading on Tuesday, following the release of a report by Statistics Canada. The report revealed that inflation…
Why Junk-Bond Investors Should be Concerned
In the world of finance, it's important to pay attention to what the market is telling us. And currently, there's a concerning message coming from the junk-bond market. The junk…
Charles Schwab Corp. Reports Second Quarter Earnings
The stock of Charles Schwab Corp. (SCHW) rose 0.6% in premarket trade on Tuesday, following the release of the company's second-quarter earnings report. Despite a decrease from the previous year,…
Canada’s Inflation Rate Subdued in June
Canada's annual inflation rate experienced a slowdown in June, primarily driven by a decrease in fuel prices. According to Statistics Canada, the country's consumer price index rose by 2.8% compared…
VinFast Makes a Splash on Nasdaq with Astounding Surge in Stock Price
VinFast Auto, a burgeoning electric vehicle (EV) start-up, has made quite the splash with its recent debut on the Nasdaq. Closing at an astounding $37.06 per share, the stock saw…
Jack Henry Shares Decline 9% After Lower-than-Expected 2024 Guidance
Jack Henry shares experienced a significant decline, dropping 9% to $153.94, following the company's release of their 2024 guidance, which fell short of analysts' projections. Earnings and Revenue Forecast According…
Synopsys Inc. Surpasses Earnings Expectations and Appoints New CEO
Synopsys Inc. witnessed a surge in its shares during the extended session on Wednesday, following an announcement that the chip-design verification and automation company had exceeded Wall Street's earnings projections.…
Tesla Cuts Prices in China
Tesla has once again slashed prices in China, signaling its determination to dominate the world's largest car market. The electric-vehicle giant reduced the price of its luxury sedan, the Model…
Goldman Sachs Lowers Recession Chances with Confidence in US Economy
Goldman Sachs, a prominent voice in economic discussions, has made a significant adjustment to the likelihood of a U.S. recession. Chief economist Jan Hatzius has reduced the probability of a…
Tapestry Shares Drop After Fourth Quarter Earnings Miss
Tapestry, the parent company of luxury brands Coach, Kate Spade, and Stuart Weitzman, experienced a decline in stock prices during premarket trading following the release of disappointing fourth-quarter financial results…