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Market updates
Kremlin says Trump and Harris should leave Putin out of their fight
September 11, 2024 08:46 PM AEST| By EODHDThe Kremlin said on Wednesday it did not like the way Vladimir Putin's name was bandied around in the U.S. presidential debate between Kamala Harris and Donald Trump, and urged the candidates to stop...
Pfizer Highlights Diverse Oncology Portfolio and Combination Approaches at ESMO 2024
September 11, 2024 08:45 PM AEST| By EODHDMore than 10 oral and mini-oral presentations span Pfizer’s extensive Oncology portfolio of approved and investigational therapies Two late-breaking presentations include longer-term results from BRAF...
Infineon Advance to Lower Costs for New-Generation AI Chips
September 11, 2024 08:42 PM AEST| By EODHD(Bloomberg) -- Infineon Technologies AG announced a breakthrough in the production of compound semiconductors that it said will help bring down manufacturing costs and speed their adoption for artific...
Asian Lithium Shares Soar as CATL Adjusts Output at Key Mine
September 11, 2024 08:05 PM AEST| By EODHD(Bloomberg) -- Asian lithium producer stocks surged on speculation Chinese battery giant Contemporary Amperex Technology Co. halted production at a major mine in Jiangxi province, easing oversupply co...
Apple picks the low-hanging fruit in iPhone unveil: Morning Brief
September 11, 2024 08:00 PM AEST| By EODHDThis is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with: The chart of the day What we're watching What we're reading Economic data rele...
Coherent Expands Optical Communications Test Portfolio with New WaveShaper and WaveMaker Instruments
September 11, 2024 08:00 PM AEST| By EODHDCoherent Corp. PITTSBURGH, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, today announced new additions to its optical communicat...
Alibaba logistics arm Cainiao launches next-day delivery in Europe, builds new hubs
September 11, 2024 07:30 PM AEST| By EODHDThe next-day delivery for European Union countries includes a €2 (US$2.20) service for parcel deliveries to Spain and Portugal, the company announced on Tuesday during its 2024 Smart Global Logistics...
Campbell Drops Soup From Its Name, Not Its Plans
September 11, 2024 07:30 PM AEST| By EODHDWhile the company is rightly emphasizing new growth drivers, its core soup business could still surprise. Continue reading View comments
Pest-controller Rentokil sinks 20% on earnings slowdown
September 11, 2024 06:50 PM AEST| By EODHD(Bloomberg) -- Rentokil Initial Plc shares plunged in London trading, erasing more than 2 billion pounds ($2.6 billion) in market value, after the pest-control company lowered growth expectations for...
Prediction: Nvidia Stock Is Going to Soar in Q4
September 11, 2024 06:10 PM AEST| By EODHDA recovery for the AI leader's shares could soon be afoot.
Infineon targets large share of GaN chip market after breakthrough
September 11, 2024 06:06 PM AEST| By EODHD(Reuters) - German semiconductor maker Infineon said on Wednesday that it would take a large slice of the growing market for gallium nitride (GaN) chips, after announcing a technological breakthrough...
Heard on the Street Tuesday Recap: Bank Blues
September 11, 2024 05:36 PM AEST| By EODHDBanks delivered some gloomy comments at an industry conference on Tuesday, sending the industry's stocks down. The lender noted that the number of auto loan borrowers who were delinquent past 61 days...
Rentokil Initial Expects Slower North America Revenue Growth
September 11, 2024 05:18 PM AEST| By EODHDRentokil Initial forecast adjusted profits for the year of around £700 million, short of previous forecasts, after revenue growth slowed at its North American business. Continue reading View comments
Huawei takes on Apple in China with $2,800 trifold phone
September 11, 2024 05:06 PM AEST| By EODHDA $2,800 smartphone from Huawei with a 10-inch folding screen has achieved nearly 5mn pre-orders during its launch week, as the Chinese
Rentokil shares fall after third profit warning on North America
September 11, 2024 04:35 PM AEST| By EODHD(Reuters) -Rentokil Initial said on Wednesday it would cut jobs and warned of further weakness in its largest market North America, sending shares of the British pest control company 14% lower. The co...
Inside information: Orion upgrades full-year outlook for 2024
September 11, 2024 04:30 PM AEST| By EODHDOrion Oyj ORION CORPORATION STOCK EXCHANGE RELEASE – INSIDE INFORMATION 11 SEPTEMBER 2024 at 09:30 EEST Inside information: Orion upgrades full-year outlook for 2024 Orion Corporation upgrades the ful...
Zara owner Inditex's strong autumn sales offset first-half growth slowdown
September 11, 2024 03:42 PM AEST| By EODHDMADRID (Reuters) - Zara owner Inditex reported a 10% rise in first-half profit as sales increased 7.2%, at a slower pace than last year but in line with analysts' expectations of tougher times for fas...
Sony Sparks Debate by Pricing New PlayStation Well Above Xbox
September 11, 2024 03:07 PM AEST| By EODHD(Bloomberg) -- Sony Group Corp. is releasing a new, faster and more expensive version of its popular video-game console in an effort to spur sales ahead of the holiday season. Most Read from Bloomberg...
Visa aims for 10-fold rise in Pakistani use of digital payments
September 11, 2024 03:02 PM AEST| By EODHDBy Ariba Shahid KARACHI (Reuters) - Visa plans to increase the number of businesses accepting digital payments in Pakistan tenfold over the next three years, the payments giant's general manager for P...
Lufthansa Cargo invests more than $600M to overhaul Frankfurt hub
September 11, 2024 02:59 PM AEST| By EODHDConstruction of Lufthansa Cargo’s high-bay warehouse is underway next to the airfield at Frankfurt Airport. (Photo: Lufthansa Cargo) Deutsche Lufthansa has increased investment in a comprehensive mode...
