Stock market activity
Reddit files for initial public offering, favouring frequent users
Business
24.02.2024
Reddit files for initial public offering, favouring frequent users
Reddit confirmed rumours on Thursday by filing with the US Securities and Exchange Commission in preparation for its IPO launch.…
European markets climb as tech stocks take Wall Street to record high
Business
24.02.2024
European markets climb as tech stocks take Wall Street to record high
At the time of writing, the FTSE 100, France’s CAC 40 and Germany’s Dax were all mainly higher after Nvidia delivered…
Amazon joins the Dow, the ‘elite’ club of the US stock market’s biggest companies
Business
21.02.2024
Amazon joins the Dow, the ‘elite’ club of the US stock market’s biggest companies
Amazon is joining the likes of Microsoft, Apple, Disney and other giants on the Dow Jones Industrial Average (DJIA), the…
Markets’ week ahead: European shares downbeat over French predictions
Business
19.02.2024
Markets’ week ahead: European shares downbeat over French predictions
European shares were fairly downbeat on Monday morning, following French stocks being particularly downcast due to the French government cutting…
Who are the GRANOLAS? A look at Europe’s ‘Magnificent Eleven’ stocks
Business
14.02.2024
Who are the GRANOLAS? A look at Europe’s ‘Magnificent Eleven’ stocks
Goldman Sachs has put a spotlight on Europe’s stock market champions with a peculiar nickname: The GRANOLAS. The tag was…
Travel giant TUI to leave London Stock Exchange in favour of German listing
Business
14.02.2024
Travel giant TUI to leave London Stock Exchange in favour of German listing
TUI said it will leave the London Stock Exchange (LSE) in June after shareholders voted in favour of the decision…
Why did Jeff Bezos sell €3.7bn of his Amazon stock over the past week?
Business
14.02.2024
Why did Jeff Bezos sell €3.7bn of his Amazon stock over the past week?
Amazon founder, Jeff Bezos, has not explained why he has opted to sell 24 million shares in the company he…
Novo Nordisk crossroads: Can the pharma giant address the supply dilemma?
Business
10.02.2024
Novo Nordisk crossroads: Can the pharma giant address the supply dilemma?
Excess demand over supply is typically a scenario any business would welcome, yet Lars Fruergaard Jørgensen, CEO of Novo Nordisk,…
European shares rise as S&P 500 flirts with record high as earnings thrill
Business
08.02.2024
European shares rise as S&P 500 flirts with record high as earnings thrill
European stocks were further boosted on Thursday as the S&P 500 continues to near the 5,000 mark, a landmark level, as…
Is a commercial real estate crisis unfolding across Europe?
Business
08.02.2024
Is a commercial real estate crisis unfolding across Europe?
The past week has witnessed significant downturns in the stock values of several banks worldwide, particularly those with substantial exposure…