June 2, 2020 1:02 pm
On Tuesday, European stocks hit their highest record since the beginning of March. The German stocks were leading the way during the Tuesday trading session as carmakers like Volkswagen, Daimler and BMW were among the best performers. Lufthansa’s shares also surged 6.3% after the company agreed on the terms for a government bailout. The bailout […]
Read moreJune 2, 2020 9:51 am
Shinsei shares increased 2.04% in Tuesday trading, following the banking company’s statement for a major acquisition. The Japanese financial institution announced that it will acquire one of the biggest non-bank finance providers in New Zealand, UDC Finance Ltd. To this day, this will be the biggest overseas acquisition deal for Shinsei. The Japanese company is […]
Read moreJune 2, 2020 7:52 am
Thanks to a jump in the shares of the Oil & Gas, Consumer Goods and Financials sectors, the US stocks closed higher on Monday. Despite that, Cisco was among the worst performers in Monday trading with shares dropping 3.18% or 1.52 points to close at 46.30. On Monday, the technology company postponed its online conference […]
Read moreJune 1, 2020 2:28 pm
Amid the protests that spread across the US and the simmering Sino-US tensions, Wall Street futures remained steady in Monday trading. This being said, the protests against police brutality and racism caused a drop in the shares of some companies that were forced to close stores or adjust their working hours. Target’s shares declined 2% […]
Read moreJune 1, 2020 12:56 pm
On Monday, European shares rose after investors remained hopeful for the economic recovery for businesses that resume their activities. After many European countries started lifting restrictions, the STOXX 600 Index rose in Monday trading, striving for a record high since the beginning of March. Associated British Foods was among the companies that also raised their […]
Read moreJune 1, 2020 10:10 am
European shares increased on Monday as hopes for economic recovery were restored. Investors were relieved after President Trump’s warnings towards China were not as harsh as everyone expected. This led to a 1% jump of the STOXX 600 Index in early Monday trading, with a potential for a three-month high for European shares. The Italian […]
Read moreJune 1, 2020 7:49 am
Asian stocks reached a three-month record high in Monday trading. Despite the worries prompted by the rising tension between China and the US, the stocks in Hong Kong, Shanghai and Japan surged on Monday. The reason for that was the news about the resuming of numerous Asian businesses and the hope of economic recovery. In […]
Read moreMay 31, 2020 7:43 pm
Zoom Video Communication(ZM) shares have been trading in a robust longterm uptrend since the beginning of this year, as indicated on the price chart below. The video conferencing company’s business accelerated during the COVID 19 pandemic lockdown, which saw a rise in personal and office use on its platform. ZM shares finished Friday’s session at […]
Read moreMay 29, 2020 2:07 pm
Sonoma Pharmaceuticals’ shares almost tripled in premarket trading Friday. The huge jump is due to the latest news surrounding one of the company’s products. Sonoma Pharmaceuticals, along with MicroSafe Group, developed the Nanocyn disinfectant and sanitizer, which was added to the Australian Register of Therapeutic Goods (ARTG) and can be used against COVID-19. In premarket […]
Read moreMay 29, 2020 12:08 pm
Friday was JDE Peet’s stock market debut and the company’s shares surged 13%. Investors were impressed by the coffee retailer’s IPO, which was one of the few high debuts on the stock market during the coronavirus pandemic. JDE Peet’s is the owner of brands like Douwe Egberts, Peet’s Coffee and Jacobs and its shares were […]
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