Crude Oil Prices Fall Amid Prevailing Signs of Demand Weakness, ANZ Bank Says

• August 22, 2024 02:06 AM PDT
• EODHD

(Reuters) - Search engine giant Baidu reported quarterly revenue above market estimates on Thursday, signaling some recovery in the Chinese advertising market. Revenue in the second quarter was 33.93...

• August 22, 2024 02:04 AM PDT
• EODHD

Zomato has agreed to acquire Paytm’s entertainment and ticketing business for ₹2,048.4 crore or $244 million, as the food delivery giant aims to strengthen its presence in the “going-out” sector.  Meanwhile, Paytm, facing challenges, intends to concentrate on its core financial services. On Thursday, One97 Communications- the listed stock of Paytm’s parent company One97 Communications gained […]

• August 22, 2024 01:24 AM PDT
• Invezz

Urban Outfitters,(NASDAQ:URBN),, a lifestyle retailer known for targeting young adults and teenagers, is set to announce its second-quarter fiscal 2025 (ending January 2025) results on Tuesday, August 21. The company's stock is anticipated to respond posi...

• August 22, 2024 01:23 AM PDT
• Team Kalkine Media

Headlines,Nvidia Drives Growth in AI, Gaming, and Data,Centers,Nvidia's GPUs Fuel Strong Revenue Growth,Nvidia Expands into Autonomous Vehicles and Beyond,Nvidia,(NASDAQ:NVDA),has firmly established itself as a dominant player in the technology sector, wi...

• August 22, 2024 01:18 AM PDT
• Team Kalkine Media

Archer Aviation (NYSE: ACHR) stock price has remained under pressure this year as it continued to underperform the broader market. It has slipped by over 34% in 2024 while the Nasdaq 100 and S&P 500 indices have risen by over 17%. Other flying car stocks like Joby Aviation have also retreated this year. Archer Aviation […]

• August 22, 2024 01:09 AM PDT
• Invezz

Headlines,Merck Outpaces AbbVie in Revenue Growth,Merck's Superior Profitability and Stability in Pharma,Merck,(NYSE:MRK),has shown strong gains, with its stock price increasing by 65% from early 2021 to around $115 today. However, AbbVie has outperformed...

• August 22, 2024 01:03 AM PDT
• Team Kalkine Media

Bank of America’s shares,(NYSE:BAC),have risen by 19% year-to-date, compared to the S&P 500's 18% increase over the same timeframe. Meanwhile, Wells Fargo (NYSE: WFC), a comparable financial institution, has seen a 14% rise in its shares YTD. Currently, w...

• August 22, 2024 01:01 AM PDT
• Team Kalkine Media

Shares of Snowflake,(NYSE:SNOW),, a cloud data-warehouse software company, dropped by 8% in extended trading on Wednesday. This decline occurred despite the company reporting quarterly results that exceeded expectations, as a widening net loss and rising ...

• August 22, 2024 12:38 AM PDT
• Team Kalkine Media

The US economy’s strength has been a topic of heated debate, especially as the country approaches the next presidential election. In a surprising development, the US Labor Department announced that the number of jobs added over the past year was significantly lower than initially reported. The latest data revealed that employers added about 818,000 fewer […]

• August 22, 2024 12:33 AM PDT
• Invezz