As the stock price of NVidia hovers near all-time highs, analyst have continued to increase their expectations for the company's financial quarterly results. The Q1 results are set to be published after Wednesday's US trading hours.
Bloomberg has reported that the activist investing firm Elliot Investment Management has gradually built up a position in Johnson Controls International that totals up to $1 billion.
Reuters has reported that the ongoing Tesla price cuts in Europe have been implemented as damage-control after a conflict with European leasing companies.
The Chinese Commerce Ministry has banned a number of United States firms from exporting their goods to China. These new curbs come as an answer to prior US imposed tariffs on Chinese goods.
Reuters has reported that despite Chinese Politburo efforts to stimulate the real estate market, the Hang Seng Mainland Properties index has recovered only 18%. The minor recovery indicates at a failure to restore the real estate market.
In the aftermath of the major jump, the stock price of GameStop declines. Eventually, the hopes of major gains were killed by the company announcing a plan for issuing new stock.
The Wall Street Journal has reported that big bank lobbyists have managed to convince US regulators to reconsider creation of new regulation that would increase bank capital requirements by 20%.
On Monday, commodity prices and stock indices surged across the world due to the financial markets agreeing upon the expectations of an upcoming US Federal Reserve rate cut.
Over the weekend, the President of Iran passed away in a helicopter accident. The death was called as a reason for a surge in oil prices by 0.5%. However, the move in oil prices appeared to other analysts as an extension of last week's started surge.
The Chinese tech firm Huawei has upgraded its strategy and started to open new type of stores in China that are aimed at competing with Apple stores.
A group of US Senators has revealed a new plan for the development of AI technology. The plans also include government funding for the sector.
Due to a sale of $5 billion of mortgage warehouse loans to JPMorgan, the stock price of the New York Community Bank has surged.
This week, GameStop, AMC and other stocks that rallied during the 2021 Meme Stock surge have once again shot up, as GameStop price surge is measured in hundreds of percent.
Amazon Web Services have announced plans to invest $8.4 billion in cloud infrastructure in Germany.
The Mitsubishi UFJ Financial Group has reported lower than forecast quarterly profit decline. Moreover, the bank has raised its 2024 financial expectations to a minor profit. The news caused a surge of the bank's stock price.
Reuters has reported that due to its work with Russian clients Raiffeisen bank could have its access curbed to the US Dollar system.
German insurer Allianz has passed market expectations by posting a 22% increase in first quarter profits, as property and casualty segments increase gains.
A group of TikTok creators have filed a suit that demands to block the US government decision to force TikTok to divest or even ban the law.
The Chinese tech firm Xiaomi has become the eight largest electric vehicle start up in China by launching the SU7 EV model.
Mizuho Financial Group has reported that its profits surged in the fourth quarter of 2023, as even increased expectations have been passed.
The share price of the Japanese tech giant Sony has surged 12%, as the firms has announced new buybacks, and an improved divided plan. Moreover, the firm expects higher future profits.
Supplier of Apple Foxconn has increased its quarterly profits by 72%. However, the markets expected even more from the firm, which is causing a decline of the firm's stock price.
Investors have revealed that they expect the BHP group to make another increased takeover offer to Anglo American.
Due to pressure from competition, the creators of ChatGPT have announced that they are going to offer a new AI model named GPT-4o.