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Corporate News

  • Apple shares surge 6 per cent on earnings report and historic $110 billion buyback 

    May 3, 2024

    Apple's stock surged by over 6 per cent in after-hours trading on Thursday after the tech giant surpassed analysts' subdued expectations for quarterly revenue and announced the largest share buyback program in US history.

  • FTSE 100 today: London shares poised to rise after US Fed maintains status quo; eyes on Apple and StanChart earnings

    May 2, 2024

    Asian markets opened cautiously on Thursday after the US Federal Reserve signalled a delay in interest rate cuts, dragging Wall Street lower. Oil prices surged in anticipation of US reserve replenishment, and the yen strengthened amid intervention speculation. Qualcomm's stock surged on strong earnings. Focus now turns to earnings reports from Apple and StanChart.

  • FTSE 100 today: London stocks to stay subdued in light trading as Asia and Europe mark Labour Day holidays

    May 1, 2024

    Asian markets were mixed following Wall Street's poor performance. Concurrently, oil prices experienced a decline while gold remained stable. Starbucks, AMD, and Supermicro saw significant stock declines. Now, all eyes are on the upcoming US Federal Reserve policy decision and Chair Jay Powell's remarks.

  • Amazon’s stock surges on strong earnings, fuelled by AI-driven cloud growth

    May 1, 2024

    Amazon.com surpassed Wall Street's expectations in its quarterly report, buoyed by the surge of interest in artificial intelligence, particularly in its cloud-computing division, propelling the retail giant's shares up to 5% in after-hours trading.

  • FTSE 100 today: London markets set to open higher on the heels of strong US tech earnings

    April 26, 2024

    Asian stocks rallied alongside a strong tech sector fuelled by impressive US earnings. Bank of Japan maintained its short-term interest rate target at 0-0.1 per cent. Oil prices climbed, while Microsoft and Alphabet shares surged post-earnings beats. Investors await US inflation data and focus on ExxonMobil and NatWest earnings.

  • Alphabet surges 11 per cent on strong earnings, unveils first dividend payout

    April 26, 2024

    Alphabet shares surged in after-hours trading on Thursday after Google's parent company impressed investors with a blowout first-quarter earnings report and initiated a $70 billion stock buyback program alongside its first-ever dividend declaration.

  • FTSE 100 today: BHP pounces on Anglo American while Meta drags tech lower

    April 25, 2024

    US stocks saw a slight rise amid volatility. Asian stocks declined as Meta reignited tech sell-off, and the Japanese yen dropped below ¥155. Meta's stock fell 15 per cent, contributing to market turbulence. Despite this, oil and gold prices held steady. Investors now await US Q1 GDP data and earnings updates from Alphabet, Microsoft, Intel and Barclays.

  • New York and New Jersey rocked by magnitude 4.8 earthquake

    April 5, 2024

    A magnitude 4.8 earthquake hit New York City and the surrounding area including New Jersey on Friday morning, eastern daylight time.

  • Moving markets: Five things shaping the FTSE 100 today

    March 4, 2024

    Asian markets rallied as Japan's Nikkei surged, bitcoin hit a two-year peak, and oil prices rose. All eyes are on the UK Budget and the Annual Chinese Communist Party (CCP) meetings, set to influence market dynamics this week.

  • Bitcoin’s spectacular surge: blasts beyond $64,000 in crypto frenzy

    March 4, 2024

    Bitcoin reached a significant milestone on Monday, climbing to its highest level in two years, exceeding $64,000 as a surge of investment pushed it towards record territory.

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