May 30, 2025 7:28 am
Key Moments: US equities advanced Thursday, driven by Nvidia’s strong quarterly results. Friday’s futures contracts inched down as investors reacted to a federal appeals court ruling reinstating Trump’s tariffs. Nasdaq 100 e-minis dropped 0.3%, S&P 500 contracts fell 0.24%, and Dow futures edged 0.13% lower. Wall Street Rallies on Nvidia, Faces Reversal in Futures Major […]
Read moreMay 29, 2025 2:44 pm
Key Moments: ELF Beauty reported Q4 adjusted earnings of 78 cents per share, topping estimates. The company is set to acquire Hailey Bieber’s Rhode beauty brand for $1 billion. Shares jumped over 28% after Thursday’s opening bell. Quarterly Results Outperform Expectations ELF Beauty shares climbed sharply on Thursday after the company reported stronger-than-expected Q4 earnings […]
Read moreMay 29, 2025 1:16 pm
Key Moments: Best Buy reduced its FY 2026 comparable sales guidance, while the adjusted EPS forecast was cut to $6.15-$6.30. The company’s share price sank by around 3% during pre-market hours. Q1 same-store sales fell 0.7%, worse than the 0.6% decline analysts were expecting. Sales Outlook Lowered Amid Tariff Pressures Best Buy revised its full-year […]
Read moreMay 29, 2025 8:30 am
Key Moments: The US Federal Court blocked President Trump’s tariffs, triggering global investor enthusiasm. The STOXX 600 rose 0.5% on Thursday, while the CAC 40 jumped 1%. In Germany, stocks surged 0.6% higher. Nvidia’s strong earnings boosted European technology and AI-linked shares. European Equities Rally After Court Curbs Trump’s Tariff Authority European equity markets pushed […]
Read moreMay 29, 2025 7:38 am
Key Moments: Nvidia posted record Q1 revenue of $44.1 billion, reflecting a 69% year-on-year increase. The company projected an $8 billion revenue hit in Q2 due to tightened US export restrictions on AI chips to China. Shares jumped almost 5% in after-hours trading. Quarterly Results Exceed Expectations Nvidia delivered stronger-than-expected earnings for 2025’s first quarter, […]
Read moreMay 29, 2025 6:44 am
Key Moments: A federal judge nullified the Trump administration’s reciprocal tariffs. Nasdaq 100 e-minis jumped 2% and gained 400+ points. Dow contracts surged by 1.38%, while S&P 500 futures soared by 1.65%. The Nasdaq has rallied 9.5% month-to-date, driven by excitement around artificial intelligence. Futures Rally on Court Ruling US equity futures rose sharply on […]
Read moreMay 28, 2025 1:56 pm
Key Moments: Germany’s seasonally adjusted unemployment rose by 34,000 to 2.96 million people this month. The jobless rate held steady at 6.3%, its highest non-pandemic level in around a decade. German stocks surrendered earlier gains and fell by 0.37%. Markets React to Job Data Germany’s DAX index experienced a volatile trading session on Wednesday. Early […]
Read moreMay 28, 2025 1:21 pm
Key Moments: Toyota is aiming for its plug-in hybrid vehicles to constitute roughly one-fifth of its American sales by 2030. The company will continue to work on improving its electric-only range, according to David Christ. Toyota’s US-listed shares dropped by 2% pre-bell on Wednesday. Toyota Targets 20% PHEV Sales in US by 2030 In a […]
Read moreMay 28, 2025 11:01 am
Key Moments: Ford issued a recall for 1,075,299 vehicles in the US due to rear-view camera display issues. Various Ford models are targeted by this recall, including the the 2021-2024 Bronco, the 2023-2024 Escape, and more. The company’s shares fell by 0.2% during Wednesday’s pre-market session. Massive Recall Tied to Rear-View Camera Software Ford Motor […]
Read moreMay 28, 2025 8:27 am
Key Moments: France’s economy posted 0.1% growth in Q1. The CAC 40 index rose by 0.31% to 7,841.04 on Wednesday. The German DAX rose 0.35% after data revealed a surprise 0.4% annual drop in April’s import prices, while the STOXX 600 index hit 553.24. French Economy Edges 0.1% Higher France recorded a modest quarterly economic […]
Read more