Stock Market News

BP CEO’s Pay Drops £2.3 Million, Profits Down 35% to £7.2 Billion in 2024

Key moments CEO Auchincloss’s compensation decreased by £2.3 million to £5.4 million after BP’s profits dramatically declined in 2024. The company’s earnings fell 35% to £7.2 billion, negatively impacted by sliding oil and gas prices compared to the previous year. BP’s 5-year share performance lagged behind rivals and remained flat while Exxon Mobil’s and Shell’s […] Read more

Microsoft Shares Surpass $400, Announces Plans to Build AI Azure Region in Kuwait

Key moments Microsoft stock demonstrated strength, recovering from intraday losses with a notable rally on Wednesday. Microsoft announced a partnership with the Kuwaiti government to establish an AI-powered Azure Region. The partnership aims to provide advanced cloud services, attract global businesses, and launch a skilling initiative to equip Kuwait’s workforce with AI and cybersecurity skills. […] Read more

Palantir Technologies Stock: A 30% Drop Since Mid-February

Key moments Palantir stock experiences a 30% decline since its mid-February peak, reversing a period of significant growth. CEO Alex Karp announces plans to sell 9,975,000 shares of stock, raising investor concerns. Proposed federal spending cuts, particularly within the Defense Department, initially cast doubt on Palantir’s future revenue. Valuation Concerns and Federal Spending Shifts Impact […] Read more

Australia 200 Plunges, Energy Sector Hits Multi-Year Lows

Key moments Australia 200 experiences its eleventh decline in fourteen sessions, despite positive global market cues. Energy sector reaches its lowest level since January 2022, driven by multiple negative factors. Financial sector approaches February lows, while technology sector remains the sole positive performer. Domestic Market Diverges from Global Optimism, Energy Sector Under Pressure The Australia […] Read more

Oil Price Drop Triggers Gains for Crude Stocks, Asian Paints and HPCL Shares Up 4.45% and 4.03%

Key moments Shares of Asian Paints climbed by 4.45%, reaching a value of 2,260.35, driven by the decline in crude oil prices. HPCL’s stock value also increased by 4.03%, settling at 339.30 as a result of reduced oil costs on downstream refiners. Brent crude oil prices descended below the $70 per barrel threshold, extending a […] Read more

General Dynamics Stock Up 4.85% Following Dividend Increase Announcement

Key moments General Dynamics announces a 5.6% increase in its quarterly dividend, reaching $1.50 per share. The company’s stock price experiences a significant surge, closing nearly 5% higher in a single trading session./li> Trading volume more than doubles the average, indicating a substantial influx of investor activity. Investor Confidence Bolstered by Consistent Dividend Growth Amidst […] Read more

Moderna Wins Key Patent Case, Shares Jump Almost 16% to $35.21

Key moments Moderna’s stock experienced a substantial increase during Wednesday’s trading session. Moderna achieved a victory in a patent infringement case decided by a German court. The legal dispute centered on intellectual property related to Moderna’s most successful product. Moderna Gains Big on Court Ruling, Rivals Pfizer and BioNTech Face Damages Moderna’s stock price soared […] Read more

Carnival Stock Gains 1.96% Closing at $22.34, Analysts Predict $1.78 EPS in 2025

Key moments Carnival (CCL) shares finished the latest trading session at $22.34, a 1.96% increase from the prior day’s close. Carnival’s upturn outperformed the gains of the S&P 500 (1.12%), Dow Jones (1.14%), and Nasdaq (1.46%). Analyst consensus estimates anticipate yearly earnings of $1.78 per share and total revenues of $26.01 billion for the cruise […] Read more

S&P 500 Futures Flat After Market’s Tariff-Driven Surge

Key moments Wednesday’s market rally driven by White House tariff concession announcement. Futures remain stable overnight, indicating a pause in recent volatility. Traders anticipate upcoming economic reports and corporate earnings releases. S&P 500 Futures Hold Steady Post-Rally After a volatile week marked by significant market fluctuations, S&P 500 futures remained mostly unchanged early Thursday. This […] Read more

Alibaba Stock Jumps 7.6% to 140 HKD After Challenging DeepSeek with Leaner Model

Key moments Alibaba’s stock experienced a significant jump following the unveiling of its QwQ-32B AI model. The “leaner” nature of Alibaba’s new AI model, requiring fewer parameters and less data, is a key factor attracting investor interest. Alibaba’s gains are amplified by positive market sentiment in Chinese tech stocks and supportive government policies emphasizing AI […] Read more