Stock Market
US stock futures tread water; Lowe’s impresses ahead of Nvidia’s results
U.S. stock index futures traded largely unchanged Tuesday amid uncertainty over the future path of interest rates and ahead of earnings from market darling Nvidia.
JPMorgan stock gains on boosted net interest income forecast
JPMorgan (JPM) shares are rising premarket Monday, currently up 0.8%, after the company reportedly increased its 2024 net interest income (NII) forecast to $91 billion, excluding the markets division.
Germany stocks mixed at close of trade; DAX down 0.76%
Germany stocks were mixed after the close on Thursday, as gains in the Retail, Software and Food & Beverages sectors led shares higher while losses in the Industrials, Construction and Technology sectors led shares lower.
Earnings call: Aareal Bank Group posts robust Q1 2024 results
Aareal Bank Group has reported a substantial increase in its consolidated operating profit for the first quarter of 2024, achieving the highest quarterly result since the fourth quarter of 2018. The profit rose by 66% to €103 million, with significant contributions from the Structured Property Financing and Banking & Digital Solutions segments.
Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.13%
The best performers of the session on the Tadawul All Share were Al-Jouf Agriculture Development Co (TADAWUL:6070), which rose 7.58% or 4.70 points to trade at 66.70 at the close. Meanwhile, Basic Chemical Industries Co (TADAWUL:1210) added 5.36% or 1.85 points to end at 36.35 and AL-BABTAIN POWER &TELECOM CO (TADAWUL:2320) was up 3.91% or 1.75 points…
Maersk stock surges as shipping rates from Asia to Europe soar
The surge comes amid a sharp increase in the future prices for transporting a container from China to Europe in June 2024. Since October, these prices have skyrocketed by nearly 400%.
Quant investing pioneer Jim Simons dies at 86
im Simons, the math professor turned financier who helped popularize quantitative investing, has died aged 86, the Simons Foundation said on Friday.
Apple to power AI servers with its chips, Bloomberg News reports
Apple (NASDAQ:AAPL) will deliver some of its upcoming artificial intelligence features this year through data centers powered by its own in-house chips, Bloomberg News reported on Thursday, as the iPhone maker looks to integrate generative AI in its products.
Emerson shares inch up on earnings, revenue beat
Emerson Electric Co. (NYSE: NYSE:EMR) reported a stronger-than-expected performance for its second quarter, with adjusted earnings per share (EPS) and revenue surpassing analyst projections. EMR shares were up 0.9% in premarket trading.
US stocks edge higher ahead of Fed speakers; Disney slumps on earnings
U.S. stocks edged higher Tuesday, maintaining recent bullish optimism ahead of more corporate earnings and upcoming Fed speakers this week.