May 16, 2025 11:02 am
Key Moments: Wall Street stock futures ticked higher on Friday following the S&P 500’s fourth day of gains. This week’s US-China trade announcement continues to lift market sentiment. Wholesale prices declined 0.5% in April, supporting optimism around easing inflation. Futures Maintain Upward Momentum US stock futures advanced on Friday, building on the momentum of a […]
Read moreMay 16, 2025 9:40 am
Key Moments: The KOSPI rose 0.21% on Friday and jumped by nearly 2% for the week. Within the chip sector, stock performance was not uniform. Samsung Electronics shed 500 basis points, while SK Hynix gained by 2%. Foreign investors purchased 169.4 billion won worth of South Korean shares. KOSPI Rises Further South Korean equities ended […]
Read moreMay 15, 2025 2:29 pm
Key Moments: UnitedHealth Group’s stock dropped 15.46% on news of an alleged DOJ investigation. The Department of Justice’s criminal healthcare-fraud unit is reportedly probing the company’s Medicare Advantage operations. UnitedHealth denied the legitimacy of the report. Federal Probe Drives Shares Lower Thursday saw UnitedHealth Group’s stock price plunge over 15% after a report revealed that […]
Read moreMay 15, 2025 12:53 pm
Key Moments: Coinbase is set to suffer $180 million to $400 million in losses due to a recent cyberattack that affected names, addresses, and emails of customers. Pre-market share figures declined by 2.15%. Coinbase refused a $20 million ransom demand and has offered a $20 million reward for information on the perpetrators. Security Incident Sends […]
Read moreMay 15, 2025 11:36 am
Key Moments: Deere posted second-quarter net income of $1.804 billion, down from $2.370 billion a year earlier. Worldwide net sales and revenues dropped $12.763 billion in Q2 2025, a 16% decline. The company’s shares rose 2.71% to $511 during Thursday’s pre-market trading session, before tumbling to $504.88, still 1.48% up from yesterday’s close. Muted Demand […]
Read moreMay 15, 2025 10:34 am
Key Moments: Alibaba reported fiscal Q4 revenue of 236.45 billion yuan, falling short of the 237.24 billion yuan expected by analysts. Shares listed in the US dropped more than 5% in pre-market trading, retreating to $126.94. Consumers in China have become increasingly frugal, triggering fierce pricing battles among major e-commerce competitors. Revenue Disappointment Hits Shares […]
Read moreMay 15, 2025 8:11 am
Key Moments: France’s EU-harmonized inflation remained at 0.9% year-on-year. The figure matched March’s growth, but exceeded forecasts. French stock indices extended yesterday’s declines, with the CAC 40 falling 0.4%. Inflation Data Beats Forecasts Consumer prices in France were unchanged in April, as the year-on-year harmonized inflation rate came in at 0.9%. This reading, disclosed by […]
Read moreMay 14, 2025 2:15 pm
Key Moments: American Eagle’s stock price declined to $11.93 on Wednesday following the company’s decision to retract its full-year guidance. Weak sales of fleece items in the Aerie brand raised concerns as consumers resisted price increases. JPMorgan maintained a “neutral” rating on the stock but opted to downgrade its price target by $1. Stock Dips […]
Read moreMay 14, 2025 1:45 pm
Key Moments: Eurozone bond yields experienced a pullback from recent multi-week peaks. The DAX dropped by 68.45 basis points following earlier lows under 23.450. Germany’s consumer price inflation eased to 2.1% year-over-year in April, the lowest in six months. Yields Pull Back Across the Eurozone Euro area bond yields retreated from multi-week highs, driven by […]
Read moreMay 14, 2025 12:34 pm
Key Moments: The STOXX 600 index held steady on Wednesday. The Federal Reserve maintained a careful approach to potential interest rate adjustments. No further insights into the talks between US and European officials have been given. European Equities Stall After Recent Gains European shares were relatively flat on Wednesday, taking a breather after an extended […]
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