Russia's stock market had a fantastic day after Trump's cease-fire chat with Putin
The Moscow Exchange index surged the day after news emerged that Trump and Putin had spoken for more than an hour about the Ukraine war.
The Moscow Exchange index surged the day after news emerged that Trump and Putin had spoken for more than an hour about the Ukraine war.
(Bloomberg) -- Chinese stocks in Hong Kong extended a recent rally as the nation’s growing capabilities in artificial intelligence boosted optimism over the market’s outlook, while a potentially momentous show of support for the private sector gave sentiment an extra lift. Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MaySaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterC
Locomotive builder Wabtec’s shares declined despite fourth-quarter revenue and profit increases. The post Wabtec’s earnings and outlook disappoint Wall Street appeared first on FreightWaves.
Top asset manager BlackRock said on Friday it has changed the way Chairman and CEO Larry Fink will be compensated to reflect the company's recent expansion into private markets, which Fink spearheaded last year. BlackRock, whose assets grew to $11.6 trillion last year, said in a U.S. Securities and Exchange Commission filing it has included "carried interest" in Fink's compensation, an executive incentive paid in the alternative asset management industry consisting of a share of the profits that funds generate.
Real estate services firm Newmark (NASDAQ:NMRK) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 18.8% year on year to $888.3 million. The company expects the full year’s revenue to be around $3 billion, close to analysts’ estimates. Its non-GAAP profit of $0.55 per share was 13.6% above analysts’ consensus estimates.
Roku shares are jumping Friday, after the streaming company posted better-than-estimated fourth-quarter results.
Moderna beat on fourth quarter 2024 earnings and was in line with estimates for full-year 2024 earnings.
Shares of Palo Alto Networks sank Friday morning despite the cybersecurity firm's results for the second quarter of fiscal 2025 coming in just above estimates.
The credit ratings of Europe's NATO members are likely to suffer if they ramp up defence spending in line with U.S. President Donald Trump's demands although they might drive the region to jointly issue debt, ratings firm S&P Global has said. Despite almost doubling their defence expenditure since Russia annexed Ukraine's Crimea in 2014, European nations on average still spend below NATO's 2% of GDP guidelines, while the U.S. finances nearly two-thirds of NATO's military budget.