Uniqlo owner sees stronger profit and sales on US growth
In a stunning display of resilience and strategic brilliance, the Japanese retail giant Fast Retailing Co. has defied the chaos of a global trade war to deliver a blockbuster performance…
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Porsche share price at risk as China sales plummet
Porsche share price has been in a strong bearish downtrend this year and is hovering near its all-time low as demand worsens. It has moved to €42.7, a few points…
Why does Jamie Dimon believe a US stock market correction is coming?
JPMorgan Chase CEO Jamie Dimon has warned that US stock markets could face a “significant correction” within the next six months to two years, citing a combination of overheated valuations…
Asian stocks end in green: Nikkei hits record high, Nifty jumps 0.5%
Asian stocks ended mostly higher on Thursday, buoyed by gains in chipmaking and technology shares amid renewed optimism around artificial intelligence. Dovish signals from the US Federal Reserve’s September meeting…
These 3 stocks are poised for big earnings surprises in Q3
As the third-quarter earnings season kicks into gear, Wall Street is watching for standout performances that could defy consensus expectations.Morgan Stanley has spotlighted a trio of overweight-rated stocks – Reddit,…
What $468 million UK-India missile deal says about Britain’s Indo-Pacific goals
The UK and India have just inked a major $468 million missile deal, a big milestone for both countries’ defence ties and a clear sign of Britain’s growing focus on…
Ferrari shares crash over 10% after teasing new EV: what happened?
Luxury sports carmaker Ferrari NV scaled back its electrification ambitions on Thursday while offering a first look at the technology underpinning its debut electric vehicle, “Elettrica.” The move, revealed at…
Tesla launches cheaper Model 3 and Model Y to revive demand, shares slide 4%
Tesla (NASDAQ: TSLA) unveiled lower-cost versions of its two best-selling vehicles — the Model 3 sedan and Model Y SUV — on Tuesday, as the electric vehicle maker works to…
Oracle stock sinks on margin concerns: these two events could push it new highs
Oracle Corp (NYSE: ORCL) closed notably lower on Tuesday after a report from tech publication – The Information – raised concerns about the company’s cloud margins.The aforementioned report suggested Oracle’s…
Morning brief: FBI investigates China hack, UK firm on India visas, US shutdown drags on
A fresh FBI probe into cyberattacks on prominent US law firms, an expanded funding drive for Elon Musk’s xAI, and UK Prime Minister Keir Starmer’s firm stance on visa restrictions…