On Monday, European stocks mostly declined in a holiday-thin trade as investors continued to fret over the surge of Omicron infections. Accordingly, the Pan-European STOXX 600 index slightly gained 0.17% or 0.84 points to $483.35 per share. A Luxembourg-based real estate firm, Adler Group, gained 4.81% or 0.59 points to $12.78 per share. Similarly, Norwegian …
European Stocks Skid in Thin Trade as Omicron Fears Rise Read More »
Ahead of this year’s holiday season, stock market investors eye for a year-end rally. Also, several analysts projected a positive 2022 outlook. Despite Wall Street’s early losses, the S&P 500 is still up by 1.2% this month. This pushes its gains to 23.0% in 2021. Further, the blue-chip Dow Jones Industrial Average also increased by …
On Thursday, JD.com stocks plunged after Tencent announced to dilute its $16.00 billion stake in the company. Accordingly, the e-commerce firm slashed 7.38% or 2.64 points to $33.16 per share. In the early trade, it slumped 11.20%, its most extensive daily percentage drop since its debut in June 2020. Inversely, the gaming giant, Asia’s most …
JD.com Stocks Plunge as Tencent Dilutes its $16.37B Stake Read More »
Shares of BlackBerry limited fell on Tuesday’s post-trading market after its third-quarter fiscal 2022 sales dropped from last year’s report. The cybersecurity company, formerly known as a smartphone maker, slashed 1.73% or 0.16 points to $9.09 per share. In the regular trading session, it posted an inverse move from its gain of 4.17% or 0.37 …
BlackBerry Stocks Decline as 3Q Sales Skid from Year Ago Read More »
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 reversed its decline of 2.71% or 4.38 points to $156.98 per share on the regular trading session. In addition, the …
Nike Stocks Hike on Upbeat Q2 Fiscal 2022 Revenue Read More »
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 the onset of the pandemic. Chinese mainland stocks sharply plunged, with the Shanghai Composite index 0.82% or 29.62 points to …
Asia-Pacific Stocks Down as China Trims Prime Lending Rate Read More »
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 time, it trailed its decline of 5.33% or 6.13 points to $108.87 per share in the regular trading session. Rivian …
Rivian Stocks Plummet on Lower 2021 EV Production Outlook Read More »
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 per share. It also trailed its Wednesday loss of 0.61% to $3.48. Accordingly, it posted a trading update today that …
Qantas Stocks Dip as it Expects $788M First-Half FY22 Loss Read More »
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