Broadcom surges past $1 trillion market cap on AI-fueled earnings
Broadcom shares skyrocketed over 20% in the first minutes of the last session in the week, propelling the company's market capitalization past the...
Market news
Broadcom shares skyrocketed over 20% in the first minutes of the last session in the week, propelling the company's market capitalization past the $1 trillion mark. This surge follows a robust fiscal fourth-quarter earnings report and a near 100% year-to-date gain. Fuelled by the burgeoning artificial...
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Macy's, the largest department store chain in the United States, faces mounting challenges as it navigates a critical turnaround effort amid accounting irregularities, activist pressure, and shifting consumer behavior. While the company's "Bold New Chapter" strategy shows early promise...
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The shares of the US-based photomasks producer Photronics (PLAB.US) surges 20% after the company published higher than expected fiscal Q4 results, smashing Wall Street analysts expectations. CEO of the company, Frank Lee commented results positively, as the company achieved sequential revenue growth...
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Broadcom shares skyrocketed over 20% in the first minutes of the last session in the week, propelling the company's market capitalization past the...
November brought a lot of turmoil to the markets. Donald Trump's victory caused a significant movement in financial markets, manifesting the so-called...
Chinese equities face mounting pressure as Beijing's latest economic pledges fall short of market expectations, while the threat of renewed US trade...
08:00 AM BST, Spain - Inflation Data for November: Core CPI: actual 2.4% YoY; forecast 2.4% YoY; previous 2.4% YoY; Spanish CPI: actual 2.4% YoY; ...
France, Inflation Data for November: French HICP YoY: 1.7% Final: vs 1.7% (forecast) vs 1.7% (previous) French HICP MoM: -0.1% Final:...
United Kingdom macro readings (October): UK GDP MoM: -0.1 v 0.1% exp. and -0,1% previously UK GDP Estimate 3M/3M: 0.2% vs 0.3%...
Today's calendar features UK economic indicators, European inflation data, and CFTC positioning reports. Markets will monitor industrial production...
Asian markets tumble following Wall Street losses, with China leading declines. Hong Kong's Hang Seng fell 1.9%, Japan's Nikkei dropped 1.3%,...
US indices are trading lower mid-session. S&P 500 is down 0.2%, Nasdaq 100 loses 0.3% and Dow Jones declines 0.2%. The worst sentiment...
The European Central Bank has decided to lower its key interest rates by 25 bp. The governing councill, with the ECB president Christine Lagarde at the...
01:30 PM GMT, United States - Inflation Data for November: PPI: actual 0.4% MoM; forecast 0.2% MoM; previous 0.3% MoM; PPI:...
01:15 PM GMT, Euro Zone - ECB Interest Rate Decision for December: actual 3.15%; forecast 3.15%; previous 3.40%; The ECB...
The Australian dollar strengthens today after surprisingly strong readings from the domestic labour market. The change in employment in November came in...
The ECB's interest rate decision will be published at 1:15 pm GMT., while the press conference will begin at 1:45 pm GMT. The consensus clearly points...
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