May 8, 2025 7:49 am
Key Moments: President Trump has scheduled a press conference to announce a major trade deal, widely expected to be with the UK. The UK and US have been engaged in intense negotiations since February, with potential tariff cuts on autos and steel reportedly on the horizon. The FTSE 100 rose on early Thursday, gaining 0.2%. […]
Read moreMay 8, 2025 6:59 am
Key Moments: Futures on the Nasdaq 100 index rose almost 1% on Thursday. S&P 500 futures climbed 0.65%, while Dow futures added 190 basis points amid a 0.46% increase. The Federal Reserve maintained its benchmark rate, citing growing inflation and unemployment risks. Markets React to Cautious Fed Stance US stock futures edged higher on Thursday […]
Read moreMay 7, 2025 2:19 pm
Key Moments: CrowdStrike disclosed it will reduce its global workforce by 5%, eliminating approximately 500 roles. The company attributed the layoffs to productivity gains driven by artificial intelligence. Estimated restructuring charges range from $36 million to $53 million, spanning the first two quarters of fiscal 2026. CrowdStrike’s shares fell over 5% on Wednesday. Strategic Workforce […]
Read moreMay 7, 2025 12:44 pm
Key Moments: Novo Nordisk’s total revenue for Q1 2025 rose 18% year-over-year to 78.1 billion Danish crowns. The company lowered its full-year guidance for both sales and operating profit due to US market challenges. Shares on the NYSE climbed over 5% during pre-market hours despite guidance revisions. Q1 Growth Defies Weaker US Demand Novo Nordisk […]
Read moreMay 7, 2025 11:51 am
Key Moments: Disney’s EPS beat analyst estimates and reached $1.45. Revenue climbed to $23.62 billion, topping the forecasted $23.17 billion The company raised its fiscal year adjusted EPS guidance to $5.75, signaling a 16% gain over fiscal 2024. Disney’s stock soared 6.12% before Wednesday’s opening bell. Stronger-Than-Expected Q2 Results Wednesday witnessed The Walt Disney Company […]
Read moreMay 7, 2025 9:22 am
Key Moments: Revolve Group’s shares fell 10.77% in after-hours trading following a revenue miss. Revenue hit $296.71 million, below the analyst consensus of $297.56 million. Q1 adjusted earnings per share came in at $0.16. Full-year 2025 gross margin guidance now stands at 50.0-52.0%, down from prior estimates of 52.4-52.9%. Revenue Disappointment Weighs on Investor Sentiment […]
Read moreMay 7, 2025 8:47 am
Key Moments: UK equities slipped by 0.4% on Wednesday. AstraZeneca and GSK shares dropped sharply after US and UK markets alike turned bearish because Vinay Prasad was announced director of the FDA’s CBER. Vodafone’s stock also fell, dropping by 1.67%. FTSE 100 Pulls Back After Historic Run Wednesday saw London’s FTSE 100 open lower, losing […]
Read moreMay 7, 2025 7:58 am
Key Moments: ASX 200 rose 0.3% to 8,178.3 on Wednesday, recovering from two days of losses. The People’s Bank of China will implement rate cuts and a lower reserve requirement, injecting 1 trillion yuan into the economy. The US and China are scheduled to meet in Geneva for trade talks. Australian Equities Close With Gains […]
Read moreMay 5, 2025 2:38 pm
Key Moments: The S&P 500 fell 0.54% after markets opened on Monday, ending a 9-session rally. The Dow edged lower by 0.19%, and the Nasdaq Composite also struggled with a 0.78% fall. A new 100% tariff on foreign-made movies weighed heavily on entertainment stocks. Wall Street Starts Week in the Red Major US equity indices […]
Read moreMay 5, 2025 1:22 pm
Key Moments: The DAX rose 0.87% to 23,287.37 points on Monday, nearing its March record of 23,476.01. The Sentix Eurozone Sentiment Index climbed to -8.1 in May. Rheinmetall led the DAX with a 3.05% gain amid fresh momentum for defense stocks. Stocks Rise on Trade Optimism and Improving Sentiment German stocks continued their rally at […]
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