Reuters has revealed that the United States Securities is investigating whether investment firms are complying with policies that are aimed at decreasing insider trading.
The stock price of Netflix is set to start Friday's US trading with a gap down of 6.34% or a price decline of $38.71. In general, the drop has occurred due to the company announcing that it will no longer provide subscriber statistics.
The United States regulators have revealed that Ford would recall 456,565 trucks and SUVs due to a battery issue.
The long awaited Bitcoin halving day has arrived. Market participants were expecting the day, as the technical event cuts the creation for BTC and boosts its price.
Due to a grain oversupply, US wheat farmers are expected to not make a profit in 2024. Grain prices have been hovering near four year low levels.
On Friday, stock indices in Asia and Europe dropped, as the markets went into risk off mode due to the Israeli attack on Iran. However, follow up reports indicate that the attack was limited and no damage was sustained. The reports started a recovery of the equity markets.
The United States National Highway Traffic Safety Administration has announced that it is increasing resources that are spent on investigating reports that nearly 3 million Honda vehicles could suddenly trigger automatic breaking.
As Netflix is easing its password-sharing crackdown, markets are set to watch the firm's subscriber number change. The subscriber number is used as a measure of upcoming earnings.
The airline Ryanair has revealed that the firm expects Boeing to deliver 40 brand new airplanes by mid-July, despite production issues at the US plane maker factories.
Aerospace parts producer Loar Holdings intends to reach a market valuation of $2.28 billion, as the firm has announced that it would debut on the US stock market.
The Vietnamese electric vehicle maker VinFast has announced higher than expected 2024 first quarter earnings. Stock price of the firm has reacted to the news with a surge.
President of the United States, Joe Biden has called upon increasing tariffs on Chinese metal products. Potential tariffs are bound to improve the stock prices of US steelworks.
During 2024, crude oil prices have surged 16.00%. The surge in the energy commodity price has recently been argued as a reason for the returning inflation in the United States. Moreover, due to the surge not relenting, more inflation is expected by market analysts.
Markets were expecting United Airlines to suffer major financial losses in the first quarter of 2024. However, the company has lost only a total of $200 million. The news have caused a surge of the company's stock price.
The Chairman of the Federal Reserve Jerome Powell commented this week that progress in battling inflation has not continued and there could be no rate cuts during 2024. These news boosted a decline of stock indices.
On April 20, the next halving of Bitcoin is set to occur. The markets look forward to the event as the prior halvings in 2012, 2016 and 2020 were followed by massive rallies.
Chinese government has reported that the quarterly gross domestic product of the country has increased by 5.3%, compared to the first quarter of 2023.
This week, Goldman Sachs reported higher than expected quarterly earnings, as investment banking profits have resulted in the bank making most since 2021.
Due to a boost from new trends in sneakers, Adidas stock price has experienced major profits. The firm has revealed that it has beaten its quarterly financial expectations. These news have caused a 8.00% surge of the company's share price.
The US government has granted Lockheed Martin a $17 billion contract to create next generation interceptor aircraft that could defend the country against intercontinental ballistic missiles.
The US drug makers Regeneron has announced that it intends to fight against the US Department of Justice's claims that the company has misreported average sales prices of its drugs.
The European Union banks have lobbied EU law makers to have the EU banking sector designated as a strategic sector. Bankers have pitched that their competitiveness is set to impact the political block's future.
The Chinese city Zhengzhou has requested state owned companies to buy housing in the second-hand market to reduce oversupply of new real estate.
Analyst consensus forecast for the quarterly earnings of Taiwan Semiconductor Manufacturing Company is that the company will reveal a 5.00% surge in quarterly profits.