Global Stock Market

US politician Ralph Nader has issued a statement calling Tesla’s full self-driving technology “one of the most dangerous and irresponsible actions by a car company in decades.”Nader called on the National Highway Traffic Safety Administration (NHTSA) to use its safety recall authority to order that FSD technology be removed in …

US stock indexes opened trading on Wednesday, August 10, with the release of inflation data for the month of July, which came less than expected. At the beginning of the session, the Dow Jones index jumped by 1.36% to 3321.8 points, the Nasdaq rose by 2.22% to 12,768 points, and …

Inflation in the United States, as measured by the Consumer Price Index (CPI), declined to 8.5% on a yearly basis in July from 9.1% in June, the data published by the US Bureau of Labor Statistics revealed on Wednesday. This reading came in lower than the market expectation of 8.7%. …

SoftBank Group Corp on Wednesday said it will book an estimated gain of 4.6 trillion yen ($34.08 billion) on settling prepaid forward contracts using shares in Alibaba Group Holding, reducing its stake to 14.6% from 23.7%. SoftBank on Monday booked a record quarterly net loss due to sliding valuations at …

Inflation in China rose in July to a two-year high, although weak consumer demand kept overall price pressures in check. The data of the National Bureau of Statistics released today, Wednesday, showed that the consumer price index rose by 2.7% on an annual basis during July, while it was expected …

Japan’s Nikkei fell on Wednesday, dragged down by chip-related shares after technology company Micron led the decline in US technology shares Tuesday night, while investors awaited data that could influence the Federal Reserve’s tightening path. The Nikkei closed down by 0.65 percent at 27,819.33 points, and the broader Topix index …

Roblox reported its Q2 results on Tuesday. Earnings missed estimates on the top and bottom lines. Loss per share is 30 cents versus 21 cents expected. The company’s revenue is $639.9 million versus $644.4 million expected, and shares fell more than 12% in after-hours trading.The revenue figure is what Roblox …

Nvidia’s Q2 earnings will be announced after at least two weeks, but the company has found its way to news headlines after its preliminary numbers were revealed on Monday and the results are not looking good. The gaming revenue is reported at $2.04 billion, a staggering 33.33 percent decrease from …

US Stocks were little changed on Monday, following the S&P 500′s third straight weekly gain, as investors shifted focus to a key inflation report this week and struggles for the semiconductor industry.The Dow Jones Industrial Average gained 31 points or 0.1%. The S&P 500 and Nasdaq Composite were flat. Stocks …

The Japanese Nikkei index closed at its highest level in more than four months on Monday, as investors flocked to stocks of companies that announced strong expectations, while caution ahead of the US consumer price report limited gains. The Nikkei rose 0.26 percent to 28,249.24 points, its highest close since …