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Financial News Around the World

Category: Finance News

Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon

Walmart may just be a pit stop for high-income consumers.

Published 17 May 2024
Categorised as Finance News

Canada Goose jumps 16% after the company reports growth in China

Shares of Canada Goose surged 16% on Thursday after reporting better-than-expected revenue and earnings for its fiscal fourth quarter.

Published 16 May 2024
Categorised as Finance News

Stocks making the biggest moves midday: Walmart, Deere, Meta, Chubb and more

These are the stocks posting the largest moves in midday trading.

Published 16 May 2024
Categorised as Finance News

The Dow just hit 40,000. Here’s a look at how it got here

The move comes as investors cheer the prospects of AI boosting corporate profits and the Federal Reserve possibly cutting rates later this year.

Published 16 May 2024
Categorised as Finance News

Markets underestimate geopolitical risk as raft of elections looms, ECB’s De Guindos says

The European Central Bank’s Financial Stability Report said that interest rate expectations have created the “potential for outsized market reactions.”

Published 16 May 2024
Categorised as Finance News

Stocks making biggest moves premarket: Under Armour, Walmart, AMC, GameStop, Canada Goose and more

These are some of the stocks posting the largest moves in premarket trading.

Published 16 May 2024
Categorised as Finance News

China’s Shenzhen metropolis sees fastest growth in millionaires globally

In 2023 alone, Shenzhen saw a 10% growth in millionaires, while Beijing and Shanghai recorded a decline of around 5% amid an exodus of high-net-worth individuals from China. 

Published 16 May 2024
Categorised as Finance News

Stocks making the biggest moves after hours: Chubb, Cisco Systems, Palo Alto Networks and more

These are the stocks posting the largest moves in extended trading.

Published 15 May 2024
Categorised as Finance News

Warren Buffett’s Berkshire Hathaway reveals insurer Chubb as confidential stock it’s been buying

His conglomerate Berkshire Hathaway has acquired nearly 26 million shares of Chubb for a stake worth $6.7 billion.

Published 15 May 2024
Categorised as Finance News

Denim stocks can benefit with Western style in vogue, TD Cowen says

The firm gave its top ideas for riding the Wild West trend.

Published 15 May 2024
Categorised as Finance News

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