On Monday, shares of HSBC Holdings PLC rose as it reported strong third-quarter results, shrugging off the persisting Evergrande woes. Accordingly, its London-listed shares hiked 1.06% or 6.34 points to $605.62 per share. Moreover, HSBC is one of the largest investment banks in Europe, with a market capitalization of $121.27 billion. Remarkably, it benefited from …
On Friday, European stocks traded higher as concerns about the possible default of embattled China Evergrande eased. On Thursday, reports revealed that the highly indebted property giant already had settled an interest on a US dollar bond a day before its deadline. Consequently, the benchmark pan-European STOXX 600 climbed 0.57% or 2.67 points to $472.38 …
On Thursday, shares of Tesla Inc. slumped in the after-hours trading after it posted a third-quarter record profit that shook off supply chain issues. Accordingly, the electric vehicle manufacturer plummeted 1.64% or 14.21 points to $851.59 per share. Consequently, Tesla opposed its Wednesday hike of 0.18% or 1.53 points to $865.80 per share. Moreover, the …
Tesla Stocks Slump in the After Hours Despite Record Profit Read More »
On Wednesday, stocks of Netflix Inc. wavered in the after-hours trading after it reported solid third-quarter 2021 earnings. The internet television network lost 1.33% or 8.50 points to $630.50 per share. Additionally, it opposed its Tuesday gain of 0.16% or 1.03 points to $639.00 per share. Accordingly, Netflix’s earnings per share climbed to $3.19 from …
Netflix Stocks Wavered Despite Solid Third-Quarter Report Read More »
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 climb of 0.40% to $12.33 per share. Currently, it stands with a market capitalization of $41.06 billion and shares outstanding …
Ericsson Stocks Fell Despite its Upbeat 3Q Core Earnings Read More »
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 share. Currently, the company is headquartered in the Netherlands and has industrial operations in more than 30 countries. In addition, …
Stellantis Stocks Drop as it Forms a Joint Venture with LG Read More »
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 per share. Then, it also edged up 0.77% or 2.57 points to $334.45 per share on the after-hours trading. Accordingly, …
Moderna Stocks Surged after US FDA Backed its Booster Shots Read More »
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 start as soon as next month. The S&P 500 index jumped 0.30% or 13.15 points to $4,363.80 per share. At …
S&P 500 Bounces Up as Tech Stocks Rally on Economic Optimism Read More »
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