Global Stock Market

While investors awaited reports from Megacap businesses and important economic data this week, the Nasdaq led Wall Street losses on Monday as Tesla shares were pressured due to the company’s intentions to increase spending.Tesla Inc. fell 3.4% as a result of the automaker increasing its projected capital expenditures for 2023 …

The dollar rose on Monday to stabilize its price after the recent losses it suffered a week ago when investors await the Bank of Japan meeting and the issuance of the latest data before the decisions of the Federal Reserve and the European Central Bank on interest rates in early …

Ford stock was down almost 4% on Thursday afternoon. Following Tesla’s results, and what Elon Musk had to say about them, concern accelerated about the state of the US economy, dragging down stocks across the auto industry.Tesla’s first-quarter gross profit margins, reported Wednesday evening, disappointed investors, coming in below 20%. …

On Thursday, Nasdaq futures declined 1% as investors became concerned about the prospects for U.S. interest rates and Tesla shares fell after the electric vehicle manufacturer reported its lowest quarterly gross margin in two years. The major U.S. stock indices have held firm this week as mixed bank earnings allayed …

Shares in electric vehicle maker, Tesla, dropped 4% after the company reported Q1 earnings after the bell. Here are the results. Earnings per share are 85 cents adjusted versus 85 cents expected, according to the average analyst estimates. Tesla’s revenues were $23.33 billion as opposed to the $23.21 billion anticipated. …

The dollar stabilized on Wednesday after swinging amid bond market volatility in previous sessions, as investors focused on US economic indicators, Federal Reserve comments and corporate earnings in search of clues to the path of interest rates. The dollar index, which measures the performance of the US currency against six …

Japan’s Nikkei index closed lower on Wednesday, ending an eight-day rally, dragged down by heavyweight technology stocks. The Nikkei index fell 0.18 percent to 28,606.76 points, after closing at its highest level since Aug. 22 on Tuesday. The rise in the index was driven by optimism about billionaire Warren Buffett …

Johnson & Johnson delivered stronger-than-expected Q1 earnings that prompted the healthcare giant to boost its full-year guidance. JNJ reported a Q1 EPS of $2.68 on revenue of $24.7 billion to top the average analyst estimate for EPS of $2.50 on revenue of $23.61B. Sales rose 5.6% year-over-year with pharma revenue …

Japan’s Nikkei rose for the eighth straight session on Tuesday, supported by gains made by banks on positive US data, and a weaker yen boosted exporters. The Nikkei index rose 0.51% to close at 28,658.83 points, close to its highest level so far this year, in the longest streak of …

Monday’s trading session saw an increase in US stocks as another round of crucial earnings started. Following the fall of Silicon Valley Bank last month, investors are still paying close attention to financial institutions’ earnings. The technology-heavy Nasdaq Composite (IXIC), the S&P 500 (GSPC), and the Dow Jones Industrial Average …