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Asian Markets Trade Mostly Lower

2 years 4 months ago
(RTTNews) - Asian stock markets are trading mostly lower on Tuesday, following the mixed cues from Wall Street overnight, amid lingering uncertainty about the outlook for interest rates, with some US Fed officials warning the central bank may still need to raise rates if inflatio
RTTNews

Easing Supply Concerns Pressures Cocoa Prices

2 years 4 months ago
July ICE NY cocoa (CCN24 ) on Monday closed down -132 (-1.80%), and July ICE London cocoa #7 (CAN24 ) closed down -133 (-2.17%). Cocoa prices on Monday extended their month-long slide to 2-1/2 month lows and fell by more than 44% from last month's record highs. Losses in cocoa...
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Which Is A Better Pick – Norfolk Southern Or Snowflake Stock?

2 years 4 months ago
We think Norfolk Southern stock (NYSE: NSC) and Snowflake stock (NYSE: SNOW) will offer similar returns in the next three years. Although these companies are from different sectors, they share similar market capitalizations of $50-55 billion. The decision to invest often comes do
Trefis

Can A New Model Y Challenger Get Nio Stock Back On Track?

2 years 4 months ago
Chinese luxury electric vehicle maker Nio (NYSE:NIO) recently unveiled the first vehicle under its lower-priced Onvo brand, taking on Tesla’s Model Y crossover, which is the world’s best-selling EV. The new vehicle will have a starting price of RMB 219,900 yuan (about
Trefis

Up 4% This Year, Will Q1 Results Drive Lowe's Stock Higher?

2 years 4 months ago
Lowe’s (NYSE: LOW), a home-improvement retailer, is scheduled to report its fiscal first-quarter results on Tuesday, May 21. We expect the company’s stock to likely see little to no movement with revenue and earnings matching market expectations in the fiscal first qu
Trefis

Up 7% YTD, What To Expect From NASDAQ Stock?

2 years 4 months ago
NASDAQ stock (NASDAQ: NDAQ) has gained 7% YTD as compared to an 11% rise in the S&P500 index. Further, at its current price of $62 per share, it is almost 7% below its fair value of $67 – Trefis’ estimate for 
Trefis

Is Deere Stock Fully Valued At $400?

2 years 4 months ago
Deere (NYSE: DE) recently reported its Q2 fiscal 2024 results (fiscal ends in October), with revenues and earnings exceeding the street estimates. The company reported equipment revenue of $13.6 billion and earnings of $8.53 per share, compared to the consensus estimates of
Trefis

Telstra To Cut Up To 2,800 Jobs

2 years 4 months ago
(RTTNews) - Telstra Corp. Ltd. (TLSYY.PK, TLS.AX, TLS) announced plans to streamline its operations and cut costs, aiming to reduce its direct workforce by up to 2,800 jobs by the end of this year.
RTTNews

Japanese Market Slightly Higher

2 years 4 months ago
(RTTNews) - Adding the gains in the previous session, the Japanese stock market is slightly higher on Tuesday, with the Nikkei 225 moving above the 39,100 level, following the mixed cues from Wall Street overnight, with gains in some Index heavyweights and technology stocks.
RTTNews

Sensex, Nifty Seen Higher At Open

2 years 4 months ago
(RTTNews) - Indian shares are seen opening flat to higher on Tuesday despite mixed global cues, elevated geopolitical tensions and lingering uncertainty over the timing and pace of Fed rate cuts.
RTTNews

Thai Stock Market Called Higher On Tuesday

2 years 4 months ago
(RTTNews) - The Thai stock market on Monday ended the two-day winning streak in which it had picked up more than a dozen points or 0.9 percent. The Stock Exchange of Thailand now sits just beneath the 1,380-point plateau although it's expected to open to the upside on Tuesday.
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