Global Stock Market

Walmart’s business looks to have stabilized after surging inflation for food and gas weighed on the company’s guidance a few weeks ago. The world’s largest retailer revised its full year guidance for profits to drop 9% to 11% from a prior range for a 11% to 13% decline.Walmart stock popped …

Japan’s Nikkei closed little changed on Tuesday; energy-related stocks and shipping companies were the biggest losers, while sentiment was lowered by concerns about slowing US and Chinese economies. The Nikkei index closed down 0.01 percent at 28,868.91, ending two days of gains that brought it to its highest level in …

The US stocks ended higher on Monday, adding to recent robust gains, with megacap growth shares rising as US Treasury yields eased. Shares of Apple Inc and Microsoft Corp were among the biggest boosts to the S&P 500 and Nasdaq.According to preliminary data, the S&P 500 gained 15.94 points, or …

The giant Saudi oil producer said it earned nearly $50 billion last quarter, the latest energy company to record outsize profits after the surge in crude prices since Russia’s invasion of Ukraine in February.Aramco announced that its second-quarter profit jumped 90 percent over the same period a year ago, reaching …

When Walmart and Target report their quarterly earnings this week, investors will gain some insight into how big retail is handling inflation—and stocks across the sector will likely feel the aftershocks.The two companies are important bellwethers for the retail industry and consumer spending. And in recent months, both Walmart and …

Japan’s Nikkei index jumped on Monday to its highest level in more than seven months, buoyed by Wall Street’s gains at the end of last week, as strong corporate earnings increased risk appetite and prompted investors to snap up falling stocks. The Nikkei rose 1.14 percent to 28,871.78 points, extending …

Japan’s economy rebounded firmly by 0.5% in the second quarter after contracting 0.1% in the first, with economists forecasting quarterly growth of 0.6%. On an annualized basis, the world’s third-largest economy grew 2.2% against 2.5% expected and a -0.5% contraction recorded in the previous quarter. The country’s GDP deflator arrived …

Since launching in 2011, Gogorohas grown into an EV battery swap leader. Gogoro released its Q2 earnings results yesterday, signaling a cautious but optimistic road ahead in the second half of 2022. Today, Gogoro offers one of the world’s most extensive battery swapping networks. In fact, over the past six …

week as investors warm to cooler inflationStocks rose sharply on Friday, clinching the fourth straight positive week for the S&P 500 as investors celebrated signs that inflation may be peaking. The Dow Jones Industrial Average added 424.38 points, or 1.27%, to close at 33,761.05. The S&P 500 gained 1.73% to …

Fortuna Silver released its Q2 results this week, reporting quarterly production of 1.65 million ounces of silver and 62,200 ounces of gold, translating to a meaningful increase in revenue. However, with the impacts of provisional pricing adjustments, an inventory write-down, inflationary pressures, and weaker silver prices, earnings were down sharply …