Stock market


 CRH shifts primary listing to U.S., eyes growth in North American market

CRH shifts primary listing to U.S., eyes growth in North American market

September 20, 2023 04:36 PM AEST| By Investing

CRH (NYSE:CRH), the Ireland-based building materials supplier, has made a strategic shift towards the American market by moving its primary listing to the United States as of Tuesday. The company's de

 European stock futures higher; U.K. inflation slows ahead of Fed decision

European stock futures higher; U.K. inflation slows ahead of Fed decision

September 20, 2023 04:14 PM AEST| By Investing

 Boeing forecasts China to receive one-fifth of global new aircraft deliveries in next two decades

Boeing forecasts China to receive one-fifth of global new aircraft deliveries in next two decades

September 20, 2023 04:00 PM AEST| By Investing

Boeing (NYSE:BA) Co., the U.S. aircraft manufacturer, released its Commercial Market Outlook this Wednesday, projecting that China is set to receive approximately one-fifth of the world's new aircraft

 Stitch Fix shares surge following Q4 report, plans to exit U.K. market

Stitch Fix shares surge following Q4 report, plans to exit U.K. market

September 20, 2023 03:58 PM AEST| By Investing

Stitch Fix (NASDAQ:SFIX), the online personalized-apparel retailer, saw its shares rise by 12.1% on Tuesday, following the release of its fiscal Q4 report for 2023 ending July 29. The significant incr

 Registered investment advisor deal activity rebounds after stagnant year

Registered investment advisor deal activity rebounds after stagnant year

September 20, 2023 03:58 PM AEST| By Investing

Registered investment advisors (RIAs) have seen a surge in deal activity following a stagnant 12-month period, marking a significant shift in the market, according to an impending report from DeVoe&Co

 California moves closer to implementing crypto regulation, awaits governor's approval

California moves closer to implementing crypto regulation, awaits governor's approval

September 20, 2023 02:58 PM AEST| By Investing

California is on the brink of implementing a new regulatory framework for cryptocurrency, as the state legislature recently approved a bill that would impose a licensing system and other regulations o

 JPMorgan hikes quarterly dividend to $1.05 per share, effective October 31

JPMorgan hikes quarterly dividend to $1.05 per share, effective October 31

September 20, 2023 02:52 PM AEST| By Investing

In a move demonstrating its robust financial position, JPMorgan Chase&Co. (NYSE:JPM) announced an increase in its quarterly dividend from $1 to $1.05 per share on Tuesday. The decision, which was appr

 Intel shares dip as data center chip recovery lags, company eyes AI laptop processors

Intel shares dip as data center chip recovery lags, company eyes AI laptop processors

September 20, 2023 02:26 PM AEST| By Investing

Shares of Intel Corp (NASDAQ:INTC) fell by 4.5% to trade at $36.28 on Tuesday, following remarks by the company's CFO David Zinsner about a slower-than-expected recovery in the demand for data center

 Balancer DeFi protocol suffers security breach, funds remain secure

Balancer DeFi protocol suffers security breach, funds remain secure

September 20, 2023 01:36 PM AEST| By Investing

In a recent development, the Ethereum-based decentralized finance (DeFi) protocol, Balancer, experienced a security breach. An unidentified party compromised the platform's frontend, leading to the th

 S&P 500 dips amid investor anticipation of Federal Reserve's policy outcome

S&P 500 dips amid investor anticipation of Federal Reserve's policy outcome

September 20, 2023 12:56 PM AEST| By Investing

The S&P 500 index has been experiencing a downturn throughout September 2023, despite an overall upward trend in U.S. stocks this year. On Tuesday, the index was down by 0.3%, trading around 4,441, ac

 Trane Technologies leads climate change fight with sustainable HVAC solutions

Trane Technologies leads climate change fight with sustainable HVAC solutions

September 20, 2023 11:56 AM AEST| By Investing

New York-based Trane Technologies (NYSE:TT), a prominent player in the heating, ventilation, and air conditioning (HVAC) sector, is at the forefront of discussions surrounding climate change mitigatio

 EU escalates response to Chinese EV industry amid concerns over Europe's competitiveness

EU escalates response to Chinese EV industry amid concerns over Europe's competitiveness

September 20, 2023 11:54 AM AEST| By Investing

The European Commission (EC) has expedited its response to the potential disruption of the European Union's (EU) auto industry by Chinese electric vehicle (EV) manufacturers, according to reports from

 Canada's inflation rate hits four per cent, high interest rates expected to persist

Canada's inflation rate hits four per cent, high interest rates expected to persist

September 20, 2023 11:52 AM AEST| By Investing

Canada's headline inflation rate has risen for the second consecutive month, reaching four per cent in August, primarily driven by increased food and gasoline prices. This unexpected surge has surpass

 Steelcase reports notable rise in Q2 net income despite slight revenue dip

Steelcase reports notable rise in Q2 net income despite slight revenue dip

September 20, 2023 11:18 AM AEST| By Investing

Steelcase (NYSE:SCS), the globally recognized furniture firm, reported a significant increase in its net income for the second quarter ending August 25, despite a slight dip in revenue. The company's

 Brent crude nears $100 mark as inflation concerns linger

Brent crude nears $100 mark as inflation concerns linger

September 20, 2023 11:18 AM AEST| By Investing

As Brent crude oil benchmark approaches the $100 per barrel mark, a new high for 2023 set on Tuesday, worries about a potential U.S. recession and inflationary pressure have been sparked. The Federal

 Intel's stock sees drop despite positive product announcements at Innovation Conference

Intel's stock sees drop despite positive product announcements at Innovation Conference

September 20, 2023 11:04 AM AEST| By Investing

Intel Corporation's stock (NASDAQ:INTC) experienced a significant 4.3% fall in trading value on Tuesday, despite several positive product announcements made at the company's Innovation Conference. Thi

 Nio raises $1 billion in new debt, shares tumble 10.4%

Nio raises $1 billion in new debt, shares tumble 10.4%

September 20, 2023 11:00 AM AEST| By Investing

Chinese electric vehicle manufacturer Nio (NYSE:NIO) experienced a 10.4% decrease in its market capitalization on Tuesday, following the announcement of its plans to raise funds through the issuance o

 Oil price surge and inflation concerns ahead of Federal Reserve's forecasts

Oil price surge and inflation concerns ahead of Federal Reserve's forecasts

September 20, 2023 10:58 AM AEST| By Investing

The Federal Reserve is poised to release its updated inflation and interest rate forecasts on Wednesday, September 20, 2023. However, investors, traders, and strategists have expressed concerns that t

 IDEXX Laboratories shares rise 1.58% despite broader market downturn

IDEXX Laboratories shares rise 1.58% despite broader market downturn

September 20, 2023 10:58 AM AEST| By Investing

On Tuesday, IDEXX Laboratories Inc. (NASDAQ:IDXX) shares closed at $457.38, marking a 1.58% increase, breaking the company's two-day losing streak. This rise came in contrast to the broader stock mark

 Instacart's low-float IPO strategy under scrutiny after successful debut

Instacart's low-float IPO strategy under scrutiny after successful debut

September 20, 2023 10:56 AM AEST| By Investing

Instacart, the company officially known as Maplebear, made a strong debut on the stock market recently, with shares climbing 12% on the first day. However, its decision to release less than 8% of its

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