Stocks making the biggest moves premarket: Lowe’s, Target, Krispy Kreme And Others
Lowe’s (LOW ) – The home improvement retailer reported an adjusted quarterly profit of $4.25 per share, beating the consensus…
Author: akintunde
New Nissan Z Sports Car Unveiled As Halo Vehicle Amid Automaker’s Turnaround Plan
Nissan Motor on Tuesday unveiled its new Z performance vehicle — a favorite of enthusiasts and customizers — as an…
TSMC Overtakes Tencent To become Asia’s Most Valuable Company, As China Crackdown Takes A Toll
The world’s largest chipmaker Taiwan Semiconductor Manufacturing Company (TSMC) has overtaken Chinese tech behemoth Tencent to become Asia’s most valuable…
European Stocks Nudge Higher Amid Inflation Data; Carlsberg Up 2%
European markets were slightly higher on Wednesday morning, as investors monitored inflation data and looked ahead to the minutes from…
Bill Ackman SPAC Sued , Plaintiffs Say Sponsors Got ‘Staggering Compensation’
Bill Ackman’s troubled SPAC was hit with a lawsuit Tuesday that alleged the blank-check company awarded “staggering compensation” to its…
Walmart Earnings Top Estimates Fueled By Strong Grocery Sales And Back-To-School Spending
Walmart’s second-quarter earnings exceeded Wall Street’s expectations on Tuesday as the retail giant gained ground in its grocery business and…
Afghanistan Is A ‘Disaster,’ But These Two Market Risks Are Higher On Invesco’s Radar
There are two risks high on Invesco’s radar, but the Taliban takeover in Afghanistan isn’t one of them. Kristina Hooper,…
Treasury Yields ebb Lower Ahead Of Retail Sales Data
U.S. Treasury yields ebbed lower on Tuesday, ahead of the release of July’s retail sales data. The yield on the…
China May Align Itself With Taliban And Try To Exploit Afghanistan’s Rare Earth Metals, Analyst Warns
Afghanistan is estimated to have trillions of dollars worth of rare earth metals, and countries — such as China —…
Europe Markets Set To Open Lower As Investors Monitor Inflation Data, Afghanistan Crisis
European markets are set to open slightly lower on Tuesday, on track to extend losses after snapping a 10-day winning…
China Seeks To Tighten Rules On Unfair Internet Competition, Sending Tech Shares Lower
China’s market regulator issued draft rules on Tuesday aimed at stopping unfair competition on the internet, as Beijing continues its…
United State Stock Futures Dip After Dow, S&P 500 Close At Record Highs
U.S. stock index futures were slightly lower during overnight trading Monday, after the Dow and S&P 500 closed at record…
Chinese Electric Scooter Company Niu Shakes Off Pandemic Slump And Predicts Strong Sales Ahead
Almost three years since Chinese electric scooter start-up Niu Technologies listed in the U.S., the company has not only…
Finnfund Backs Telecom Infrastructure Provider With Debt
Finnish development finance institution Finnfund is backing Bandwidth and Cloud Services Group (BCS), a telecom infrastructure provider that operates in…
Pearl Capital Invests Mix Of Debt And Equity In Cassava Processor
Yield Uganda Investment Fund, an agribusiness impact vehicle managed by Pearl Capital Partners, has committed $2.5 million to Pura Organic…
International FC Mulls Participation In Brimore’s Upcoming Series A Round
Egypt-based ecommerce startup, Brimore, is preparing to raise more funding to strengthen its business in Egypt after receiving a $3.5…
International Investors Lead F Intech Startup Moove’s Series A
Moove, Nigerian based mobility fintech startup raises $23m Series A funding to help it expand swiftly. Founded in 2019 by…
Old Mutual’s ULIMI Fund Invests In Malawian Macadamia Producer
ULIMI Fund, a private equity fund managed by Old Mutual Investment Group Malawi, has made an undisclosed amount of investment in…
Markets No Longer Fear Inflation And Stocks Will Continue To Rally, HSBC says
Markets no longer fear inflation and are now focused on the spread of the delta Covid-19 variant, according to HSBC…
Asia-Pacific Stocks Mostly Decline; Samsung Shares Fall As Heir Lee Is Released From Prison
South Korean and Taiwanese stocks led losses among major Asia-Pacific markets in Friday trade, with shares of firms related to…
Breaking Society Apart’: Unvaccinated People Are Angry As They Face More Covid Restriction
The divide between the vaccinated and unvaccinated when it comes to Covid-19 is likely to become even deeper, with officials…
China’s Zero-Covid Policy Is So Strict That It Shut Down A Whole Shipping Terminal After Just One Case
China has shut down a key terminal at its Ningbo-Zhoushan port, the third busiest port in the world, after one…
It Just Got Harder And Less Profitable To Mine For Bitcoin As Algorithm Adjusts
It just got harder and less profitable to mine for bitcoin. Every 2016 blocks, or about every two weeks, bitcoin…
Treasury Yields Fall Following Mixed Economic Data
U.S. Treasury yields fell on Friday morning, following mixed economic data in the previous session. The yield on the benchmark…
Online Gambling company Entain Buys Esports Betting Startup Unikrn As It Looks To Triple Its Business
When Jette Nygaard-Andersen took the helm of U.K. online gambling company Entain, a pandemic was raging and the company had…
Airbnb Shares Fall After Company Reports Revenue Jump Of 300% But Warns About Delta
Airbnb’s stock on Thursday fell more than 4% after the company reported its second-quarter earnings. The company beat Wall Street’s…
European Markets Set For Muted Open As Investors Assess Data, Covid
European markets are heading for a cautious open Friday, as investors assessed global economic indicators and rising Covid-19 cases in…
Semiconductor Veteran Confirms He’s Part Of A £300 Million Plan To Buy The United Kingdom’s Largest Chip Plant Back Off China
Semiconductor veteran Ron Black, the former CEO of the U.K.’s Imagination Technologies which used to design chips for Apple, is…
Dow Futures Jump 120 Points After Inflation Report Is Not As Bad As Feared
U.S. stock index futures rose on Wednesday after inflation jumped, but not by quite as much as investors feared when…