European shares fell on Wednesday, weighed by declines in the luxury sector after downbeat sales from Kering, while investors also digested a slew of other mixed earnings reports amid worries about slowing growth in the euro zone.
Stocks wobbled on Wednesday after the latest round of earnings prompted concern among investors over the economic outlook, as even Google parent Alphabet disappointed, adding to the angst over painfully high interest rates.
European shares slipped on Wednesday as investors digested a slew of mixed earnings reports from the region, while weakness in energy firms on lower crude prices added to the declines.
After mastering making iPhones, Taiwan's Terry Gou, the billionaire founder of major Apple supplier Foxconn, wanted to turn his entrepreneurial skills elsewhere - to be the island's next president.
China helped Asian stocks rise from 11-month lows on Wednesday as investors cheered the approval of a trillion-yuan sovereign issue as a harbinger of stimulus, while the Aussie dollar jumped after hotter-than-expected inflation lifted rate forecasts.
Meta Platforms (NASDAQ: META) is scheduled to report its fiscal Q3 2023 results on Wednesday, October 25, 2023. We expect the stock to post mixed results with earnings topping the consensus but revenues missing the mark. The company surpassed the street expectations in the last
Google-parent Alphabet's cloud business suffered as long-time rival Microsoft's took off in the September quarter, demonstrating early signs that the Windows maker's investment in artificial intelligence was paying off.
In a day where none on the four major stock market indices spent a moment in the red, even though they all closed off session highs, we’ve got to say it’s been a good day. We’re still down more than -2% from a week ago, inferring
Google-parent Alphabet's cloud business crawled to its slowest in at least 11 quarters, sending the company's stock down 5.7% after hours, even as sales at rival Microsoft's cloud unit boomed.
Microsoft (MSFT) reported $56.52 billion in revenue for the quarter ended September 2023, representing a year-over-year increase of 12.8%. EPS of $2.99 for the same period compares to $2.35 a year ago.
Microsoft (MSFT) came out with quarterly earnings of $2.99 per share, beating the Zacks Consensus Estimate of $2.65 per share. This compares to earnings of $2.35 per share a year ago. These figures are adjusted for non-recurring i
The NASDAQ 100 After Hours Indicator is down -11.14 to 14,734.71. The total After hours volume is currently 114,790,337 shares traded.The following are the most active stocks for the after hours session: Snap Inc. (SNAP) is -0.05 at $9.66, with 14,215,814 shares traded. Smarter
The Dow surged 204 points today, snapping a four-day losing streak thanks to a slew of earnings reports -- including a big quarterly win from Coca-Cola (KO) -- that encouraged investors about the health of the stock market. The Nasdaq scored a triple-digit pop as well, whi
Wall Street ended higher on Tuesday as a spate of solid corporate earnings and upbeat forecasts stoked investor risk appetite and sparked a broad rally.
Global stocks advanced on Tuesday as positive corporate earnings spurred some investor risk appetite, although caution remained given the war in the Middle East and mixed economic data ahead of closely-watched interest rate policy decisions.