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Recent Posts

  • Currys shares drop over 6% after RBC downgrade on valuation concerns
    July 7, 2025
  • Indonesia stocks higher at close of trade; IDX Composite Index up 0.18%
    July 7, 2025
  • LG Electronics forecasts sharp drop in Q2 profit amid market challenges
    July 7, 2025
  • December 19, 2024

FedEx shares surge after parcel giant to spinoff freight division

-- FedEx Corporation (NYSE:FDX) shares soared more than 9% at $299.5 in extended trading after the company announced plans to spin off its less-than-truckload freight...

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  • December 19, 2024

Scholastic shares plunge 14% as Q2 earnings, revenue fall short of estimates

NEW YORK - Scholastic (NASDAQ:SCHL) Corporation (NASDAQ:SCHL) shares fell sharply, by 14%, after the children's book publisher reported fiscal second quarter results that missed...

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  • December 19, 2024

Nike earnings beat by $0.13, revenue topped estimates

- Nike (NYSE: NKE) reported second quarter EPS of $0.78, $0.13 better than the analyst estimate of $0.65. Revenue for the quarter came in at $12.4B versus the...

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  • December 19, 2024

Stock market today: Dow ekes out again to end longest losing streak since 1974

-- The Dow eked out a gain Thursday, snapping its longest losing streak since 1974, even as the post-Federal Reserve rebound ran out of steam.. At 4:00 p.m. ET (21:00...

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  • December 19, 2024

FedEx earnings matched, revenue fell short of estimates

- FedEx (NYSE: FDX) reported second quarter EPS of $4.05, in line with the analyst estimate of $4.05. Revenue for the quarter came in at $22B versus the consensus...

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  • December 19, 2024

Fed closing in on end of rate-cut cycle: Macquarie

-- Investors now are expecting even fewer rate cuts than the Fed's hawkish forward guidance seen earlier this week, suggesting the end could be near for rate...

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  • December 19, 2024

Capital Economics sees moderate global GDP growth in 2025

Capital Economics released its global economic forecast, projecting a year of reasonable global GDP growth in 2025, alongside a continued normalization of monetary policy. The...

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  • December 19, 2024

Czech Central Bank Holds Rate at 4%, Capital Economics Sees Easing Cycle Resume

Czech Central Bank (CNB) maintained its policy rate at 4.00% on Thursday, pausing its recent sequence of rate cuts, which leads Capital Economics to forecast a resumption of the...

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  • December 19, 2024

Worldcoin must delete all iris scan data, watchdog says

MADRID (Reuters) - Sam Altman's company Worldcoin must delete all iris scanning data collected since the start of the project that has sparked privacy concerns in several...

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  • December 19, 2024

US agency warns extended government shutdown could lead to long lines at airports

By David Shepardson WASHINGTON (Reuters) - The head of the Transportation Security Administration on Thursday warned that an extended partial U.S. government shutdown could lead...

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