News

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Wed, 01 Sep 2021 08:30:09 GMT

Zoom shares plummet

At the start of Tuesday's trading, the stock price for Zoom Video Communications plummeted by 15.97% or $55.66. The move occurred due to the company reporting a bigger than expected decline in demand for its software.

Wed, 01 Sep 2021 06:26:19 GMT

Asian stock indices decline

During Wednesday's Asian trading hours, the stock indices of Asian markets declined in the aftermath of continuous prior gains.

Tue, 31 Aug 2021 14:30:07 GMT

French inflation beats forecasts

Data published on Tuesday revealed that French inflation in August had reached a 3-year-high level. Consumer prices increased by 0.7%, compared to July.

Tue, 31 Aug 2021 13:47:24 GMT

Ethereum passes August high

On Tuesday, the price for Ethereum passed the previous August high levels, as it reached above the 3,400.00 level.

Tue, 31 Aug 2021 12:30:08 GMT

Robinhood share price declines

The stock price of Robinhood dropped during Monday's US trading hours after Paypal announced that it could open up an online brokerage. Moreover, Reuters reported that US regulators could ban big portions of the company's revenue generating practices.

Tue, 31 Aug 2021 10:30:09 GMT

South Korea increases spending

On Tuesday, the government of South Korea announced that it would increase government spending and take up debt up to 50% of GDP.

Tue, 31 Aug 2021 08:30:08 GMT

Oil prices decline

At the start of Tuesday's European trading hours, crude oil price benchmarks declined, as the markets forecast an upcoming OPEC+ production increase.

Tue, 31 Aug 2021 07:03:14 GMT

Asian stocks remain firm

During Tuesday's Asian trading hours, stock indices in Asia remained firm despite worse than expected Chinese Purchasing Managers Index results.

Mon, 30 Aug 2021 16:30:09 GMT

Zoom reports earnings

At GMT midnight to Tuesday, Zoom Video Communications would release their second quarter earnings. The stock price could react in both aftermarket trading and at the start of Tuesday's trading.

Mon, 30 Aug 2021 15:16:21 GMT

Amazon recovers August losses

On Monday, August 30, the stock price of Amazon surged by 2.67% or $89.56 and recovered losses suffered in August by reaching back to July levels.

Mon, 30 Aug 2021 12:30:06 GMT

Oil prices drop on Monday

During Monday's Asian and European trading hours, crude oil price benchmarks retreated from a four-week high level. The move was attributed to the weakening of Hurricane Ida.

Mon, 30 Aug 2021 10:30:07 GMT

ECB comments on financing

On Monday, ECB Policymaker Francois Villeroy de Galhau stated that the central bank should take into account recent improvements in financing conditions.

Mon, 30 Aug 2021 09:41:23 GMT

Australian economy slows down

Reuters reported on Monday that most likely the Australian economic recovery had slowed down in the second quarter of the year, which is prior to the expansion of the coronavirus Delta variant.

Mon, 30 Aug 2021 08:33:20 GMT

European stocks hold gains

During Monday's early European trading hours, stock indices in Europe remained near previously reached record high levels.

Sat, 28 Aug 2021 11:00:08 GMT

T-Mobile remains confident about data safety

T-Mobile US Inc assured on Friday that that the recent data leak would have no have no more risks for customer data.

Sat, 28 Aug 2021 09:30:06 GMT

Nexters makes a debut on Nasdaq

The US game developer Nexters and Russian SPAC Kismet debuted on Friday on Nasdaq stock exchange.

Sat, 28 Aug 2021 09:00:10 GMT

Waymo to stop selling sensors

Alphabet Inc's Waymo stated on Thursday that it would stop selling lidar sensors to other business.

Fri, 27 Aug 2021 19:30:07 GMT

China plans to limit foreign IPOs

According to sources familiar with the matter, Chinese authorities are considering to prohibit overseas tech firms' IPO with high security risks.

Fri, 27 Aug 2021 18:30:08 GMT

Barclays to buy Gap portfolio

Barclays announced on Friday that it would acquire Gap Inc's credit card portfolio for $3.8B to strengthen its positions in the US.

Fri, 27 Aug 2021 17:30:06 GMT

Nvidia aims to get EU approval

According to sources familiar with the matter, Nvidia would try to get the EU antitrust body approval for its $54B Arm takeover.

Fri, 27 Aug 2021 16:30:07 GMT

US consumer spending up 0.3% in July

According to a government report published on Friday, the US consumer spending in July grew only 0.3%, slower than in the previous month, due to decline in car purchases.

Fri, 27 Aug 2021 15:30:07 GMT

Powell expects inflation growth to stop

The US Federal Reserve Chair Jerome Powell highlighted on Friday that the economy continued the post-pandemic recovery and inflation growth is likely to decelerate in near future.

Thu, 26 Aug 2021 14:30:11 GMT

Digital-Kioxia plans to create chipmaker giant

According to the sources familiar with the matter, the US Western Digital is discussing with Japanese Kioxia potential $20B stock merger.

Thu, 26 Aug 2021 13:30:09 GMT

ONS publishes stats on British workers

The UK Office for National Statistics reported on Thursday that 7% of all country's workers were on furlough in August.

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