Latest in French banks diverge as Société Générale shares surge, BNP Paribas stock sinks
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French banks diverge as Société Générale shares surge, BNP Paribas stock sinks
France’s top two banks saw their share prices take rival trajectories on Thursday as Société Générale shares surged on news of a management shakeup while BNP Paribas shares slipped on a mixed set ...Business - MarketWatch - 4 hours ago -
BNP Paribas Investment Bank Growth Offsets Retail Weakness
BNP Paribas reported a rise in third-quarter earnings that was in line with market expectations, as growth in its investment bank offset softness in its domestic retail business.Business - The Wall Street Journal - 9 hours ago -
Shares of Peloton surge 11% after David Einhorn says stock is significantly undervalued
Peloton has been in the middle of a turnaround and Greenlight Capital's David Einhorn thinks the stock is significantly undervalued.Business - CNBC - October 24 -
Tokyo Metro Shares Surge in Trading Debut
The initial public offering by the operator of subways in Tokyo is the largest since SoftBank Corp.’s $21 billion IPO in 2018.Business - The Wall Street Journal - October 22 -
GE Aerospace’s stock sinks as total sales beat, but commercial engines miss
GE Aerospace beats earnings expectations but its largest business, commercial engines, missed revenue expectations and the stock pulled back from a 17-year highBusiness - MarketWatch - October 22 -
EBay stock sinks after lackluster Q4 guidance, election distraction
EBay reported better-than-expected earnings for the third quarter, but the results were overshadowed by a disappointing forecast for the current period.Business - CNBC - 17 hours ago -
Roku’s stock sinks after streaming company posts another quarterly loss
Roku Inc.’s stock fell in after-hours trade Wednesday, after the streaming platform posted another quarterly loss and flat average revenue per user.Business - MarketWatch - 15 hours ago -
This bank account is paying 5.25% right now as interest rates surge
Big rises in yields in recent weeks are good for savers.Business - MarketWatch - 21 hours ago -
UK to consult on ‘opt-out’ AI content scraping in blow to publishers
Decision follows months of lobbying from tech sector and creative industriesBusiness - Financial Times - October 16 -
Lebanon feels it is being punished for a decision Hizbollah made
Civil society has sprung into action but the overwhelming sense of solidarity may be hard to sustainBusiness - Financial Times - October 16 -
Kenvue shares surge after activist Starboard takes stake
Starboard Value has amassed a significant stake in Kenvue, which spun out of Johnson & Johnson in mid-2023.Business - CNBC - October 21 -
Tokyo Metro shares surge 45% on first day of trading
Tokyo Metro ‘s float on the Tokyo Stock Exchange marked Japan’s largest initial public offering since SoftBank’s ¥2.65 trillion listing in 2018Business - MarketWatch - October 23 -
Tesla’s Shares Surge 20% After Strong Earnings and Outlook
The company said profits climbed 17 percent in the third quarter. It expects car sales to rise up to 30 percent next year when it plans to begin selling new models.Business - The New York Times - 6 days ago -
HSBC shares surge on another $3 billion buyback plan and earnings beat
HSBC shares increased 4% on Tuesday as the British bank beat analysts’ earnings expectations for the third quarter and launched another $3 billion share buyback plan.Business - MarketWatch - 2 days ago -
Starbucks’ latest financials sink shares, as CEO says it’s ‘harder to be a customer than it should be’
Shares of Starbucks fell on Tuesday after the coffee chain offered fresh signs of its struggle to bring back consumers, saying its turnaround efforts “will take time” as its new chief executive ...Business - MarketWatch - October 23 -
Trump's DJT stock is surging, lifting Truth Social. Here's why.
Shares of Trump Media & Technology Group, which trades under the DJT ticker, jumped 18% on Monday. Here's why.Top stories - CBS News - October 14 -
Netflix's subscriber growth is slowing, but its profit and stock price are still surging
Netflix says its subscriber growth slowed dramatically during the summer, a sign that the huge gains from the video-streaming service’s crackdown on freeloading viewers is tapering offTech - ABC News - October 17 -
Nuclear energy stocks hit record highs on surging demand from AI
Amazon and Google deals to deploy small modular reactors are latest step in sector’s revitalisationBusiness - Financial Times - October 20 -
UPS beat on revenue for the first time in 2 years, even as online sales slowed
UPS’s stock jumps toward a three-month high after earnings beat expectations, with revenue topping forecasts for the first time in nine quarters.Business - MarketWatch - October 24 -
Tesla’s stock sees best day in 11 years. Why it’s still hard not to be bullish.
Tesla added $150 billion in market cap — more than the combined value of Ford, GM and Stellantis — as analysts cheered the growth forecast and increasing transparency.Business - MarketWatch - 6 days ago -
SoFi’s stock set to extend surge — and this is what’s driving recent optimism
LendingClub’s improving delinquency trends suggest SoFi could see similar dynamics, an analyst says.Business - MarketWatch - 6 days ago -
ASP Isotopes Stock Surges on Uranium-Plant Agreement With TerraPower
TerraPower, the Bill Gates-founded nuclear-power firm, will back the planned construction of a facility for producing enriched uranium.Business - The Wall Street Journal - Yesterday -
Asia has ‘enormous’ shortfall of funds to adapt to climate change, warns ADB
Development bank report says region still needs hundreds of billions of dollars for action to tackle impact of global warmingWorld - Financial Times - 14 hours ago -
Chinese sanctions hit US drone maker supplying Ukraine
Beijing’s move leaves California company rushing to find new battery providersWorld - Financial Times - 2 hours ago -
Is the stock market open on Columbus Day? Are banks and post offices closed?
Monday is both Columbus Day and Indigenous Peoples’ Day, and many services will be closed or running with modified hoursBusiness - MarketWatch - October 14 -
Chinese equities jump as central bank rolls out support for the stock market
Chinese stocks rallied Friday for the first time in four days as the central bank rolled out promised support for the stock market.Business - MarketWatch - October 18 -
These stocks thrived during high inflation — and they share one thing in common
Strategists Jason DeSena Trennert and Ryan Grabinski, of the institutional brokerage Strategas, point out that 117 of the S&P 500 companies have a lower credit-default swap spread than the United ...Business - MarketWatch - October 15 -
Trump Media shares fall nearly 10% after DJT plunge triggers trading halt
Trading in Trump Media shares was briefly halted due to volatility, after the Truth Social owner's stock suddenly plunged in price.Business - CNBC - October 15 -
Trump Media's stock is halted after sudden plunge in DJT shares
Trading in Trump Media, owner of Truth Social, was halted briefly on Tuesday after the stock suddenly plunged.Top stories - CBS News - October 15 -
Lucid stock tumbles following public offering to raise $1.67 billion
Lucid intends to use the proceeds "for general corporate purposes, which may include, among other things, capital expenditures and working capital."Business - CNBC - October 17 -
We're buying shares of 2 stocks that sellers are unfairly punishing
We're taking the other side of the trade on an AI play and a recovering health-care company.Business - CNBC - October 23 -
Snap shares jump 10% on profit beat, stock buyback
Snap reported third-quarter results on Tuesday that beat on the top and bottom lines, but the company issued light fourth-quarter guidance.Business - CNBC - Yesterday -
JDE Peet’s shares surge as JAB buys Mondelez $2.4 billion stake at a premium
JDE Peet’s also appointed former Kraft Heinz exec Rafa Oliveira as its new CEO as the coffee seller said it’s sales have put it on track to achieve its full-year outlookBusiness - MarketWatch - October 21 -
Tokyo Metro shares surge 45% on debut after Japan's largest IPO in six years
The IPO offered 2.32 billion shares for a price of 1,200 yen apiece, valuing the offering at 348.6 billion yen ($2.3 billion)Business - CNBC - October 23 -
Tesla stock soars 22% for best day in over a decade on Musk's 2025 growth projection
Tesla shares soared 22% Thursday, the stock's best day in 11 years, following its better-than-expected third-quarter earnings.Business - CNBC - 6 days ago -
Oracle applies to join Epic and others in new federal medical record network
Oracle announced Monday that it intends to join a federally-backed medical information exchange network called TEFCABusiness - CNBC - 2 days ago -
Trump Media shares surge 21% after Trump rally in New York City
Shares of Trump Media rocketed up more than 21%, pushing DJT stock above its recent peak and adding billions of dollars to Donald Trump's on-paper net worth.Business - CNBC - 2 days ago