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Financial News Around the World

Stocks making the biggest moves before the bell: Oracle, Kohl’s, Coinbase, Southwest and more

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

Published 12 March 2024
Categorised as Finance News

Consumer spending rebounded in February, according to the CNBC/NRF Retail Monitor

The CNBC/NRF Retail Monitor, derived from actual credit card spending data from Affinity Solutions, rose 1.06% in February, when excluding autos and gas.

Published 12 March 2024
Categorised as Finance News

Xiaomi is set to launch its electric car on March 28

Chinese smartphone company Xiaomi announced Tuesday it would formally launch its long-awaited electric car on March 28.

Published 12 March 2024
Categorised as Finance News

IRS free tax filing program launches in 12 pilot states. Here’s what to know

The IRS on Tuesday fully launched Direct File, a free tax filing pilot program from the agency, for “simple tax situations.” Here’s what to know.

Published 12 March 2024
Categorised as Finance News

Porsche warns of fall in profitability but hikes dividend on strong 2023 results

Porsche on Tuesday warned that profitability will decline this year as it launches new models amid tough economic conditions, but hiked its dividend.

Published 12 March 2024
Categorised as Finance News

Jefferies analyst challenges Trump’s claim that Meta’s Facebook is ‘enemy of the people’

Jefferies’ Brent Thill sees Facebook as vital — despite President Donald Trump calling it an “enemy of the people” on CNBC’s “Squawk Box” on Monday.

Published 11 March 2024
Categorised as Finance News

China’s valuations are ‘way too low,’ strategist says — here’s why

Valuations of Chinese stocks are “way too low,” according to Shaun Rein, founder and managing director of the China Market Research Group.

Published 11 March 2024
Categorised as Finance News

Stocks making the biggest moves after hours: Oracle, Vail Resorts, Advance Auto Parts & more

See which stocks are posting big moves after the bell.

Published 11 March 2024
Categorised as Finance News

A key inflation reading is due out Tuesday morning. Here’s what to expect

On a year-over-year basis, headline inflation is expected to show a 3.1% gain and core inflation a 3.7% increase in February.

Published 11 March 2024
Categorised as Finance News

Stocks making the biggest moves midday: Nvidia, Coinbase, Oracle, Bally’s and more

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

Published 11 March 2024
Categorised as Finance News

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