Global Stock Market

Disney (DIS) delivered robust fiscal first-quarter earnings on Wednesday, outperforming analyst expectations and announcing a significant boost in its cash dividend. The company’s streaming losses narrowed, further buoying investor confidence. Earnings Beat and Fiscal Outlook Adjusted earnings per share stood at $1.22, surpassing analyst estimates of $0.99, as polled by …

Over the last 24 hours, the stock of New York Community Bank (NYCB) has declined as a result of Moody’s downgrading the bank’s credit rating to junk status. After Signature Bank failed less than a year ago, NYCB acquired its assets and placed them under a new regulatory framework. NYCB …

Bitcoin has surged over $44,000 for the first time since January 12, the day after spot ETF debuts, marking a new all-time high in US equity indices. The largest and oldest crypto by market value rose from $42,700 earlier in the day to as much as $44,300, its highest price …

On Wednesday, US equities rose sharply as investors processed new quarterly profit data, while the ongoing discussion about whether to drop interest rates continued to rumble beneath the surface. The S&P 500 increased by more than 0.7%, while the Dow Jones Industrial Average increased by 0.4%. There was over a …

The eurozone economy has weakened throughout 2023, with the Composite Purchasing Managers’ Index dropping below 50 in June, signifying a moderate contraction. This weakness stemmed from Europe’s recovery from an energy shock, as well as a lack of fiscal support in comparison to the more resilient US economy. Interest rate …

After opening mostly higher, US stocks experienced a decline in early trading on Tuesday, with the S&P 500 falling about 0.1% and the Nasdaq Composite dropping about 0.3%. The Dow Jones Industrial Average rose by 0.1% on Monday, following a warning from Fed Chair Jerome Powell that the Federal Reserve …

US stocks fell on Monday after Federal Reserve Chair Jerome Powell tempered expectations for an early interest rate cut, raising the stakes for a busy week of corporate reports to keep the recent surge going.The S&P 500 fell 0.1%, indicating a minor reversal from the benchmark’s record-breaking surge. The Dow …

Higher prices helped Caterpillar boost profit margins and offset a drop in sales volume. Higher prices helped Caterpillar boost profit margins and offset a drop in sales volume. Caterpillar shares were on pace to close at a record high after the excavator and bulldozer builder reported a fourth-quarter profit that …

McDonald’s stock fell marginally in premarket trade Monday as the world’s largest fast food restaurant failed earnings projections and, like Starbucks last week, blamed weaker sales on the Israel-Hamas war.McDonald’s reported Q4’s revenue of $6.41 billion, 7.5% higher than the $5.92 billion recorded in the same period previous year and …

In January 2024, financial markets were active and turbulent, with investors initially rejoicing as inflation fell and sectors such as semiconductors saw big gains. However, a hawkish central bank and geopolitical concerns tempered confidence, while dropping oil prices and stricter investment conditions put adverse pressure on investors.Financial markets continued its …