German logistics major DHL Group Wednesday reported lower earnings and revenues in its third quarter. Further, the company trimmed its earnings outlook for fiscal 2023 as well as fiscal 2025.
Continue reading »Pre-market Movers: GAN, LUMO, OPTX, SNBR, NRDYโฆ
The following are some of the stocks making big moves in Wednesday’s pre-market trading (as of 06.20 A.M. ET). In the Green GAN Limited (GAN) is up over 96% at
Continue reading »Markets Brace For The Fed
Markets wait anxiously for the outcome of the Fed decision on interest rates. Key economic data including the ISM Manufacturing PMI and the JOLTS job openings report are due from
Continue reading »BP Stock Dips As Q3 Profit Misses View; Plans Addl. $1.5 Bln Buyback
Shares of BP Plc were losing around 4 percent in the morning trading in London as well as in pre-market activity on the NYSE after the British energy major reported
Continue reading »Alibaba's Ant Group Gets Chinese Govt Approval To Release AI Products
Ant Group, the fintech affiliate of Chinese conglomerate Alibaba Group, has received approval from the Chinese government to offer artificial intelligence or AI products to the public, reports said. The
Continue reading »German GDP Falls Less Than Expected In Q3
Despite rising interest rates weighing on private consumption, Germany’s economy shrank less than expected in the third quarter, underpinned by investment, preliminary estimates from Destatis showed Monday. Gross domestic product
Continue reading »EU's Gaza Aid Flight Leaves For Egypt
A flight carrying humanitarian assistance to the people in Gaza has left Copenhagen Friday. The flight, with 51 tons of medicines, medical items, and education supplies on behalf of UNICEF
Continue reading »U.S. Stocks May Move Back To The Upside In Early Trading
After moving sharply lower over the two previous sessions, stocks may move back to the upside in early trading on Friday. The major index futures are currently pointing to a
Continue reading »Why IT Firms Pause Salary Hikes
‘The demand boom is over, leading to a growing mismatch between revenues growth and employee cost.’ IT (information technology) services companies have put the brakes on salary hikes, but it
Continue reading »UK Car Manufacturing Logs Strongest Month In 2023: SMMT
UK car manufacturing registered its strongest month ever thus far this year underpinned by robust domestic and foreign demand, data from the Society of Motor Manufacturers and Traders showed on
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