Category: Stock News

Shares of Tencent Holdings Ltd. declined on Thursday after major stakeholder, Naspers Ltd.’s Dutch e-commerce firm Prosus NV, was reportedly planning to offload its holdings. The news pushed the Chinese internet giant’s shares down by

Shares of Bed Bath & Beyond Inc. declined by almost 20% as investors assessed the challenges of the US company’s leadership after the unexpected passing of former Chief Financial Officer (CFO) Gustavo Arnal. The stock

Asian stocks on Tuesday mostly eased after surging earlier in the session as traders played it safe before the upcoming European Central Bank (ECB) meeting while keeping an eye on the potential impact of Russia’s

Stocks in Hong Kong and mainland China markets were down on Monday amid increasing concerns over new COVID restrictions, while other Asian equities dropped after better-than-expected August data in US nonfarm payrolls reinforced the potential

Lululemon reported quarterly earnings data that topped Wall Street’s estimates and lifted its outlook for the year as shoppers stocked up on workout gear. The company’s EPS improved to $2.20 per share, exceeding the analysts’

At the start of September, the major EU stocks plummeted to lowest levels in seven weeks driven by new record-high inflation and interest rate hike bets. The pan-European STOXX 600 declined by 1.32% to 409.66

HP published quarterly sales that missed Wall Street’s forecasts and slashed its annual profit outlook due to declining demand for personal computers and printers. The California-based firm’s adjusted earnings per share fell to $1.04, in

On August 30, the Chinese search engine giant Baidu beat profit expectations driven by its efforts into new business and covering itself against economic slowdown. Its adjusted earnings per share increased to $15.79, surpassing the