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markets

  • Walmart shares hit all-time high on solid holiday quarter sales

    February 21, 2024

    Walmart shares closed at a record high and led the Dow Industrials after forecasting fiscal 2025 sales above Wall Street expectations and raising its annual dividend by 9%.

  • Moving markets: Five things shaping the FTSE 100 today

    February 20, 2024

    Asia stocks struggle despite China's interest rate cut, while Middle East tensions keep oil prices near three-week highs. Investors are focused on Bank of England's Bailey speech and Nvidia earnings.

  • FTSE 100: London creeps into the green, Currys soars as takeover battle looks likely

    February 19, 2024

    On the FTSE 100, Astrazeneca rose to the top of the index after its Tagrisso drug received positive clinical trial results.

  • FTSE 100 today: London markets prepare for quiet start amid thin U.S. holiday trading

    February 19, 2024

    Asia shares stumble while China sees modest gains. Oil dips in light U.S. holiday trade. China's central bank holds the key interest rate steady. All eyes will be on high-flying Nvidia's earnings report this week.

  • Tech darling Nvidia’s earnings a litmus test for AI-driven market frenzy

    February 19, 2024

    In the realm of technology and finance, all eyes are currently fixed on Nvidia's earnings reports scheduled for release on Wednesday, February 21st.

  • Moving markets today: What’s shaping the FTSE 100 this morning

    February 16, 2024

    The S&P 500 hit a record high despite big tech losses, while the Nikkei reached new heights and oil remained stable. Investors awaited the release of UK retail sales and US PPI data.

  • Applied Materials shares surge 12 per cent on bullish revenue forecast amid AI craze

    February 16, 2024

    Applied Materials, a leading supplier of semiconductor equipment, witnessed a remarkable surge in its shares by more than 12% during after-hours trading on Thursday.

  • Moving markets: Five things shaping the FTSE 100 today

    February 15, 2024

    Asian markets rose in line with Wall Street's momentum. Uber, Lyft, and Nvidia drove the S&P 500, while Bitcoin surpassed $52,079. Japan entered a recession, drawing attention to the UK Q4 GDP and U.S. retail sales.

  • FTSE 100 today: London markets likely to open in the red amid global market rout

    February 14, 2024

    Asian stocks fell in response to a Wall Street sell-off, while the U.S. dollar remained near three-month highs. Oil prices dropped, and Lyft shares retreated after a 60% surge. Investors are closely monitoring the UK CPI and Q4 euro area GDP.

  • Lyft soars (briefly) after accidentally misstating forward revenues by, err, 10 times

    February 14, 2024

    Lyft's stock surged over 15% in extended trading as the ride-sharing company projected achieving positive free cash flow for the year. However, enthusiasm waned after Lyft disclosed an error in its press release, injecting drama.

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