Markets
Munich Re stock rises as company cheers investors with latest earnings
Business
08.05.2024
Munich Re stock rises as company cheers investors with latest earnings
Shares in German reinsurance giant Munich Re rose on Wednesday after the company announced its first-quarter (Q1) 2024 results, clocking…
Weekly market recap: Mixed trends amid macro signals and earnings season
Business
03.05.2024
Weekly market recap: Mixed trends amid macro signals and earnings season
European stocks are poised for a mixed close with the Euro Stoxx 600 and the DAX facing pressure, while the…
French lender BNP Paribas beats profit estimates as expenses decline
Business
25.04.2024
French lender BNP Paribas beats profit estimates as expenses decline
On a big week for banks with numerous lenders posting financial results, BNP Paribas updated investors too on Thursday with…
Investment fund managers’ decision-making is affected by politics. Here’s what that means
Business
24.04.2024
Investment fund managers’ decision-making is affected by politics. Here’s what that means
Fund managers are meant to be focused on value creation, and paid to make decisions that financially benefit the firm…
Tesla’s stock surges on optimism for Musk’s affordable car line-up
Business
24.04.2024
Tesla’s stock surges on optimism for Musk’s affordable car line-up
Tesla reported its first-quarter (Q1) earnings results that significantly missed analysts’ expectations. However, the company’s shares jumped more than 10%…
FTSE 100 hits new record as Associated British Foods reports strong results
Business
23.04.2024
FTSE 100 hits new record as Associated British Foods reports strong results
At the time of writing, the FTSE 100 in the UK, which measures the performance of the 100 largest companies…
Netflix reports strong subscriber gains as earnings beat forecasts
Business
19.04.2024
Netflix reports strong subscriber gains as earnings beat forecasts
Netflix (NDX: NFLX) reported first-quarter earnings that blew away analysts’ forecasts in all aspects. The positive earnings result did not…
Markets spooked as gold and oil prices rise following Israel attack on Iran
Business
19.04.2024
Markets spooked as gold and oil prices rise following Israel attack on Iran
Both oil benchmarks gained in early trading, initially jumping over 3% on news of explosions in Iran. Global benchmark Brent…
LVMH stock falls as consumers rein in spending on luxury goods
Business
17.04.2024
LVMH stock falls as consumers rein in spending on luxury goods
The world’s largest luxury group, which is controlled by the family of billionaire Bernard Arnault, said its fashion and leather goods…
European markets slump as investors weigh Middle East developments
Business
16.04.2024
European markets slump as investors weigh Middle East developments
At the time of writing (13:17 CET), Germany’s Dax was down 1.39% at 17,778.64 points, France’s CAC 40 declined 1.29%…