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Market updates
House Prices Rebound as Buyer Demand Grows with Mortgage Rate Cuts
August 28, 2024 07:33 PM AEST| By Team Kalkine MediaIn July, UK house prices experienced a rebound after a decline in June, reflecting a recovery driven by increased buyer demand and a rise in housing supply. According to the latest data from property website Zoopla, there has been a 20% increase in b...
Fighting Financial Crime Could Pay for Nasdaq
August 28, 2024 07:30 PM AEST| By EODHDThe exchange company has diversified into more services for banks, including anti-financial crime tools. Continue reading View comments
FTSE 100 Falls, Wall Street Struggles as Investors Await Cues
August 28, 2024 06:56 PM AEST| By Team Kalkine MediaOn Wednesday, the FTSE 100 and European stock markets experienced a notable decline after an initially positive start. London's premier index, the FTSE 100, ended the day lower, falling by 0.3% to close at 8,225 points. This retreat followed a brief...
FTSE 100: Blue-Chip Stocks May Extend Yesterday's Gains
August 28, 2024 06:48 PM AEST| By Team Kalkine MediaThe Nasdaq Composite saw its steepest single-day drop in 18 months after comments from Donald Trump about Taiwan’s national security unsettled the market and sparked a sell-off in semiconductor stocks.,The S&P 500 fell by 1.39% to 5,588.27, while the...
Wall Street and European Stocks Fall as Microsoft Outage Causes Disruption
August 28, 2024 06:07 PM AEST| By Team Kalkine MediaOn Friday, Wall Street followed the downward trend of the FTSE 100 (FTSE) and other European markets as leading banks, media outlets, and airlines globally faced significant IT disruptions. A major outage, linked to Microsoft (MSFT), resulted in wide...
Is AI the Next Big Thing for PC Sales? HP Inc.’s Earnings Will Offer Clues.
August 28, 2024 06:00 PM AEST| By EODHDThe PC and printer company’s stock surged after its last earnings report. This will be the first since it started shipping AI PCs in June. Continue reading View comments
Volkswagen passenger cars brand struggles to hit cost-cutting goal, says Handelsblatt
August 28, 2024 05:21 PM AEST| By EODHDBERLIN (Reuters) - Volkswagen's passenger cars brand is struggling to meet its 10 billion euro ($11.14 billion) cost-cutting target, undermined by issues including low sales and missing parts, German...
Two more Chinese airlines to start flying China-made COMAC C919 jet
August 28, 2024 05:11 PM AEST| By EODHDBEIJING (Reuters) - Air China and China Southern Airlines will become the second and third Chinese carriers to fly China's homegrown COMAC C919 passenger jet when their first planes are delivered on W...
Hyundai Motor targets 30% rise in sales by 2030 as it doubles hybrid lineup
August 28, 2024 04:03 PM AEST| By EODHDSEOUL (Reuters) - Hyundai Motor said on Wednesday it was targeting annual global sales of 5.55 million vehicles by 2030, up 30% from 2023, as it plans to double hybrid lineups to counter a slowdown in...
Prudential PLC Operating Profit Rose in First Half
August 28, 2024 03:02 PM AEST| By EODHDPrudential PLC reported higher adjusted operating profit in the first half of the year on higher profits from its insurance and asset-management businesses. Continue reading View comments
JD Sports-Backed Applied Nutrition Plans London IPO This Year
August 28, 2024 07:08 AM AEST| By EODHD(Bloomberg) -- Applied Nutrition, a sports nutrition, health and wellness company, is preparing for an initial public offering in London in the fourth quarter of this year. Most Read from Bloomberg Na...
Dow Extends Record Closing Run Ahead of Nvidia Results
August 28, 2024 06:54 AM AEST| By EODHDDow Extends Record Closing Run Ahead of Nvidia Results
Marriott International President and Chief Executive Officer to Speak at Bank of America Gaming and Lodging Conference September 5; Remarks to be Webcast
August 28, 2024 06:45 AM AEST| By EODHDBETHESDA, Md., Aug. 27, 2024 /PRNewswire/ -- Marriott International, Inc.'s (Nasdaq: MAR) President and Chief Executive Officer Anthony Capuano will speak at the 2024 Bank of America Gaming and Lodgin...
PVH: Fiscal Q2 Earnings Snapshot
August 28, 2024 06:27 AM AEST| By EODHDNEW YORK (AP) — NEW YORK (AP) — PVH Corp. (PVH) on Tuesday reported fiscal second-quarter earnings of $158 million. On a per-share basis, the New York-based company said it had net income of $2.80. Ea...
AIG to Participate in the 2024 KBW Insurance Conference
August 28, 2024 06:16 AM AEST| By EODHDNEW YORK, August 27, 2024--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that Peter Zaffino, AIG Chairman & Chief Executive Officer, will participate in a fireside ch...
EOG Resources to Present at Upcoming Conference
August 28, 2024 06:15 AM AEST| By EODHDHOUSTON, Aug. 27, 2024 /PRNewswire/ -- EOG Resources, Inc. (NYSE: EOG) (EOG) is scheduled to present at the Barclays CEO Energy-Power Conference at 2:35 p.m. Central time (3:35 p.m. Eastern time) on T...
Mattel to Participate in Goldman Sachs Communacopia and Technology Conference
August 28, 2024 06:05 AM AEST| By EODHDEL SEGUNDO, Calif., August 27, 2024--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) today announced that Ynon Kreiz, Mattel’s Chairman and Chief Executive Officer, and Anthony DiSilvestro, Mattel’s Chief...
US Equities Markets End Higher Tuesday as Markets Evaluate Macro Data
August 28, 2024 06:04 AM AEST| By EODHDUS Equities Markets End Higher Tuesday as Markets Evaluate Macro Data
Medtronic Earns FDA Approval for Expanded MRI Labeling
August 28, 2024 05:58 AM AEST| By EODHDMedtronic has received FDA approval of its expanded MRI (magnetic resonance imaging) labeling for Medtronic Percept PC and Percept RC, as well as Medtronic Activa PC, RC and SC. That means that the im...
Costco In-Store "Treasure Hunt" Strategy Improves With Better Apparel, Discounted Gift Cards, Oppenheimer Says
August 28, 2024 05:48 AM AEST| By EODHDCostco In-Store "Treasure Hunt" Strategy Improves With Better Apparel, Discounted Gift Cards, Oppenheimer Says
AI on the Rise: A Look at Top AI Companies and Their Stocks