Tag: "Stock"

Business

Rolls-Royce Surges 19% on Profit Beat and Dividend Reinstatement

Shares of British aerospace giant Rolls-Royce hit a historic high on Thursday after the company announced better-than-expected financial results for 2024, along with an...

Business

HSBC to Buy Back $2 Billion in Shares as Profit Grows by 6.5%

HSBC, Europe’s largest lender, has announced a share buyback program worth up to $2 billion, set to be completed by the end of the...

Business

Maersk Delivers Strong Q4, Shares Jump on Profit 9% Beat

Shares of shipping giant Maersk jumped more than 9% on Thursday after posting better-than-expected fourth-quarter results, signaling strong performance despite continued global trade uncertainties....

Business

Apple Shares Slide as Beijing Mulls App Store Antitrust Probe

Apple shares fell in premarket trading on Wednesday following reports that Chinese regulators are weighing a formal investigation into the tech giant’s App Store...

Business

UBS Beats Profit Forecast, Announces $3 Billion Buyback, but Stock Drops

Swiss banking giant UBS reported its Q4 2024 earnings on Tuesday, delivering a net profit of $770 million. While the result exceeded UBS’s internal...

Business

Foreign Investors Flee India, but Analysts See a Silver Lining

India’s stock market has been experiencing significant turbulence recently, with foreign investors pulling their money out amidst a cooling economy. While this exodus has...

Business

Promising Weight Loss Drug Trial Results Propel Novo Nordisk Stock

Shares of Danish pharmaceutical giant Novo Nordisk surged on Friday following the release of promising early-stage trial results for its new obesity drug, amycretin....

Business

Meta Cuts Jobs, Microsoft Freezes Hiring as Nasdaq Falters Again

The tech sector’s woes continue as the Nasdaq Composite underperformed major indexes for the second consecutive day, highlighting the ongoing struggles of technology stocks...

Business

Hong Kong and Japan Drag Asian Markets Despite PMI Gains in China and India

Markets across the Asia-Pacific region started the week on a mixed note as investors digested key economic data and developments. China’s service sector showed...

Business

Christmas Eve Trading: European Markets Rise, Novo Nordisk Recovers from Last Week’s Selloff

European markets closed higher on Tuesday in a shortened trading session ahead of the Christmas holiday. The pan-European Stoxx 600 index ended the day...

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