Markets

Munich Re stock rises as company cheers investors with latest earnings
Business

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

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

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

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

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

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

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

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

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

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%…
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