Category: Stock News

On Tuesday, stocks of Swedish telecom equipment maker Ericsson plummeted after it posted upbeat third-quarter core earnings.  Accordingly, the networking company plunged 3.33% or 0.39 points to $11.91 per share. Then, it reversed its yesterday

On Monday, stocks of Stellantis NV edged down as it plans a joint venture with the Korean battery producer LG Energy Solution.  Accordingly, the multinational automotive firm hiked 1.20% or 0.23 points to $19.91 per

Stocks of Moderna Inc. surged on Thursday trading as the US Food and Drug Administration (FDA) supported the emergency use authorization of its booster shots. The biotech company rocketed 3.23% or 10.38 points to $331.88

On Thursday, the S&P 500 supplemented modest gains, led by strength in tech stocks, as investors became optimistic on economic recovery.  Accordingly, market sentiment improved after the Federal Reserve signalled that the asset tapering could

On Wednesday, most European stocks extended their plunge as concerns about inflation climbed amid the soaring energy prices.  Subsequently, the benchmark pan-European STOXX 600 lost 0.02% or 0.09 points to $457.12 per share. The index

On Tuesday, Asia-Pacific shares traded red as concerns about inflation hiked amid the increase in energy costs.  Accordingly, Chinese stocks slumped as reports suggested that the local government widens the scrutiny on private industries.  The

On Monday, shares of Meituan surged after Chinese regulators levied the firm with a $534.00 million antitrust fine.  Accordingly, it rallied 9.22% or 3.03 points to $35.93 per share, following its hike of 2.07% last

On Friday, stocks of Chubb Ltd. hiked as it announced plans to acquire some of the Asia-Pacific units of Cigna Corp. for $5.80 billion. The Switzerland-based insurance company hiked 0.91% or 1.60 points to $178.32