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Financial News Around the World

China’s big internet names have mostly beat. Here’s where analysts think the stocks are headed

Chinese internet tech companies Alibaba, Tencent and Baidu have reported solid quarterly earnings this month.

Published 27 August 2023
Categorised as Finance News

Disney rebounds after touching 9-year low. What the pros say to do next

Pros on CNBC discussed Disney after shares of the stock rebounded slightly after hitting a nine-year low.

Published 25 August 2023
Categorised as Finance News

Op-Ed: Less affordable homes don’t just ruin American dreams, they’re a threat to the economy

The National Association of Realtors said earlier this month its housing affordability index fell to its lowest level on record, going back to 1986.

Published 25 August 2023
Categorised as Finance News

Stocks making the biggest moves midday: Nordstrom, Hasbro, Hawaiian Electric, Affirm and more

These are the stocks posting the largest moves midday.

Published 25 August 2023
Categorised as Finance News

Wells Fargo repays clients $40 million for excessive investment advice fees

Wells Fargo for years didn’t honor fee agreements between some financial advisors and their clients, the SEC said Friday.

Published 25 August 2023
Categorised as Finance News

Fed Chair Powell calls inflation ‘too high’ and warns that ‘we are prepared to raise rates further’

Federal Chair Jerome Powell called for more vigilance in the fight against inflation, warning that additional interest rate increases could be yet to come.

Published 25 August 2023
Categorised as Finance News

Stocks making the biggest moves premarket: Marvell Technology, Affirm, Hawaiian Electric and more

These are the stocks posting the largest moves before the bell.

Published 25 August 2023
Categorised as Finance News

Watches of Switzerland shares plunge by a quarter after Rolex buys retailer Bucherer

The Watches of Switzerland Group lost a quarter of its value on Friday after luxury watchmaker Rolex announced a deal to buy watch retailer Bucherer.

Published 25 August 2023
Categorised as Finance News

Dubai luxury home prices soar by almost 50%, with Tokyo’s up 26%. Here’s where other cities stand

Taking second and third places were Tokyo, which saw an annual 26.2% rise, and Manila, which climbed 19.9%. 

Published 25 August 2023
Categorised as Finance News

China’s EV slowdown drags down Nvidia’s ‘next billion-dollar business’

Chipmaker Nvidia this week soundly beat analysts’ expectations for major revenue lines — except in automotive — as Chinese demand for electric cars moderates.

Published 25 August 2023
Categorised as Finance News

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  • Stocks making the biggest moves premarket: Humana, Corning, General Motors, Boeing & more

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