Wearable device producer Fitbit lowered 2019 revenue forecast to $1.43B-$1.48B, compared with previous expectations of $1.52B-$1.58B, blaming weak sales of its cheapest smartwatches Versa Lite, sending shares down 16% on the report.
Japanese manufacturing PMI was at a 49.4, still below the threshold of 50.0 indicating expansion, deteriorating for a third month in July, a survey revealed on Thursday, showing how trade protectionism and weaker global growth were denting the economy.
On Wednesday, the US and China concluded trade talks, which ended with an announcement that China will increase imports of US agriculture goods.
On Wednesday, the results of a Reuters poll revealed that the GDP of Russian Federation is expected to grow this year by one percent, which would pressure the Bank of Russia to cut interest rates.
On Wednesday, as it was expected by the markets, the US Federal Reserve cut its base interest rate to 2.25% from 2.50%.
On Wednesday, Spotify announced better than forecast earnings. Despite it, the company's stock price decline, as it was revealed that the company added less than expected paid subscribers.
During the early hours of Wednesday's US trading session, US interest rate futures held steady, as traders continue to expect a Federal Reserve rate cut.
On Wednesday, US stock markets opened almost flat, as the financial markets were waiting for the US Federal Reserve interest rate announcement.
The e-commerce giant Amazon has agreed to acquire E8 Storage, Israel's storage technology start-up, in a deal worth up to $60M, with E8 Storage's employees to join Amazon Web Services centre based in Tel Aviv, according to the country's local financial media.
On Wednesday, Kraft Heinz announced it would reveal the results for the year's first half on August 8, which would be the packaged food company's first financial statement after disclosing $15B writedown on the Oscar Mayer and Kraft brands.
On Wednesday, German prosecutors announced they had brought charges against the former Audi CEO Rupert Stadler amid an inquiry into his involvement in Volkswagen's emissions test cheating row.
Roche and Spark Therapeutics have made a decision to extend the Swiss drugmaker's $4.3B takeover proposal for the US gene therapy specialist amid continuing regulatory reviews in Britain and the US.
On Wednesday, crude oil price benchmarks continued to rise for a fifth trading session in a row. The move was caused by the expectations of a Federal Reserve rate cut, which decreased the value of the USD.
On Wednesday, the world's biggest eyewear maker, EssilorLuxottica announced it would take over GrandVision, the Dutch optical retailer, in an all-cash deal worth up to $8.0B, seeking for the global retail network expansion.
Lloyds Banking Group, the British largest mortgage lender, reported on Wednesday its H1 pretax profits fell 7% to £2.9B from £3.12B for the prior year's same period, missing analysts' expectations for the £3.45B reading.
On Wednesday, Credit Suisse reported the highest quarterly incomes in the last four years, confirming the lender's profitability target for 2019 after its Q2 earnings soared 45%.
On Wednesday, Airbus reported stronger-than-expected core Q2 earnings, triggered by its switch to new single-aisle jets, with the Europe's biggest aerospace group's adjusted operating profit rising 72% to $2.2B in its Q2, beating analysts' expectations.
On Wednesday, Asian shares plunged to a six-week low, as investors and traders were rattled by a new trade war concerns, following combative remarks from the US President Donald Trump to China.
Senior Chinese and the US trade representatives met in China on Wednesday for discussions in a bid to end the trade dispute.
The US Commerce Department on Tuesday reported on Tuesday that the US consumer spending and inflation edged higher in June.
Shares of Merck & Co Inc rose by 2% after the company reported better-than-expected Q2 revenue and profit on Tuesday.
On Tuesday, Xerox Corp, despite posting higher than forecast quarterly earnings, announced that it is cutting its yearly earnings forecast. The event caused a drop of the company's share price.
On Tuesday, Proctor and Gamble Company posted higher than forecast earnings, which sent the company's share price into a surge that reached a new record high.
Shares of Ralph Lauren Corp rose nearly 6% before the bell on Tuesday after the company announced better-than-forecast quarterly revenue and profit.