Category: Stock News

Shares of Nike Inc. advanced in the after-hours trading on Monday after its second-quarter fiscal 2022 revenue outpaced market estimates.  The footwear manufacturing company significantly edged up 3.81% or 5.98 points to $162.96.  Accordingly, it

On Monday, Asia-Pacific stocks traded in the negative territory as China trimmed its benchmark one-year loan prime rate from 3.85% to 3.80%.  Remarkably, this is the first move of the People’s Bank of China since

Shares of Rivian Automotive, Inc. slumped on the after-hours trading after cutting its electric vehicle production expectations for the year.  Accordingly, it sharply sank 8.79% or 9.57 points to $99.30 per share. At the same

On Thursday, shares of Qantas Airways Limited declined after it projected a first-half fiscal 2022 loss of $788.00 billion due to months of lockdowns. The Australian flag carrier weakened 0.82% or 0.03 points to $3.46

Shares of Adobe Inc. tumbled on Tuesday trading, its second-worst day this year, after JPMorgan downgraded cloud stocks, noting high valuations. The computer software company skidded 6.60%, or 43.44 points, to $614.86 per share.  Eventually,

On Tuesday, European stocks grappled for direction as investors focused on the three key central bank meetings in Europe and the United States this week. The pan-European Stoxx 600 climbed 0.07% or 0.35 points to

On Monday, Asia-Pacific stocks mostly traded higher as markets focused on this week’s central bank meetings that could hint at the end of the US policy stimulus. In Hong Kong, the Hang Seng index advanced

On Friday, European stocks fell as market participants digested a slew of disappointing economic data in the United Kingdom.  The pan-European Stoxx 600 declined 0.32% or 1.53 points to $475.46 per share.  Accordingly, tech stocks