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Financial News Around the World

Stocks making the biggest moves premarket: GameStop, Reddit, Take-Two Interactive Software and more

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

Published 17 May 2024
Categorised as Finance News

Shares of Cartier owner Richemont climb 6% on record full-year sales, new CEO

Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia Pacific spending waned.

Published 17 May 2024
Categorised as Finance News

HSBC falls 3% amid reports that top shareholder Ping An is looking to trim its stake

Ping An last year had supported a shareholder motion to spin off HSBC’s Asia business and establish fixed dividends. The motion was eventually defeated.

Published 17 May 2024
Categorised as Finance News

China retail sales, investment data miss expectations in April

China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.

Published 17 May 2024
Categorised as 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

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