Business news

Antofagasta expects copper production to slow down in H2

Antofagasta plc (LON: ANTO) ended slightly down on Wednesday after trimming its full year outlook for copper production. Why did the miner lower its g...

Carvana shares jump 40% on debt deal and a strong Q2

Carvana Co (NYSE: CVNA) opened 40% up on Wednesday after announcing a debt restructuring agreement to boost its liquidity stature. Carvana also plans...

U.S. Cheese Market Is Likely To Reach USD 45.49 Billion By 2027 | Si...

U.S. Cheese Market The U.S. cheese market size was valued at $34.3 billion in 2019, and is projected to reach $45.5 billion by 2027, growing at a CAGR...

IDScan.net Announces Worldwide Document Coverage for Digital Identit...

Global Digital Identity Verification API IDScan.net Logo ShuftiPro Logo New solution combines Shufti Pro’s 10,000+ global documents with IDScan.net’s...

GBP/USD, EUR/GBP diverge as UK consumer inflation dives

UK consumer and producer inflation dropped in June as prices of most items retreated. The headline consumer price index (CPI) dropped from 0.7% in May...

Organic Honey Market Size Will Observe Lucrative Surge by the End 20...

Organic Honey Market Rise in demand for organic food among people across the globe, increase in the number of fitness enthusiasts around the world. P...

Olive oil price surge could worsen as Europe heat wave continues

Inflation is easing in most developed countries, helped by falling demand, weaker US dollar, and increased production. Prices of staple agricultural c...

Ice Cream Market is likely to reach $122.1 Billion by 2031 | Nestle...

ice cream market The ice cream market was valued at $68,052.20 million in 2020, and is estimated to reach $122.1 Billion by 2031, growing at a CAGR of...

Barclays, Lloyds, NatWest, HSBC shares rise as US bank earnings jump

UK banking stocks have done well this week as investors focused on the ongoing earnings season in the US. Lloyds share price jumped by 1.90% on Tuesda...

Ocado reports widened loss: ‘it has very low financial visibility’

Ocado Group PLC (LON: OCDO) ended 20% up on Tuesday even though it reported a widened pre-tax loss for the first half of the year. Analyst reacts to O...

Masimo stock tanks 25% on disappointing preliminary Q2 results

Shares of Masimo Corp (NASDAQ: MASI) are down 25% this morning after the medical technology company reported a broadly disappointing preliminary resul...

Dunelm share price prepares for a strong move ahead of earnings

Dunelm (LON: DNLM) share price has erased most of the gains made earlier this year as the cost of living crisis continues in the UK. After rising to 1...

Morgan Stanley Q2 earnings: ‘it knows how to grow in an environment...

Morgan Stanley (NYSE: MS) opened 5.0% up on Tuesday after reporting better-than-expected results for its fiscal second quarter. Wealth management divi...

Tesla releases quarterly earnings tomorrow: is Tesla stock a buy or...

Tomorrow is a big day for Tesla (NASDAQ:TSLA) investors – the company will announce its Q2 2023 earnings after the market close on July 19, 2023...

Bank of America (BofA) Q2 revenue and profits jumps as rates rise

Bank of America (NYSE: BAC) had a strong quarter, helped by rising interest rates. The company’s revenue jumped by 11% to over $25.33 billion. A...

Rivian stock forecast: 24% upside despite Ford price cuts

Rivian (NASDAQ: RIVN) stock price has lost its momentum as concerns about a slowdown in the electric vehicle industry. The shares have dropped in the...

Is the CAC 40 index a buy amid a slowdown in Europe and China?

The CAC 40 index has lost momentum as concerns about the Chinese economy continued. The index retreated to €7,285 on Monday, lower than the year...

Euro Stoxx 50 index sits below key price as investors get jittery

The Euro Stoxx 50 index has gone nowhere since April as concerns about the European economy continue. The index, which tracks the biggest publicly-lis...

DAX index rally has lost steam as focus shifts to ECB, Fed

The DAX index has erased most of the losses made earlier this month as the earnings season gets underway. It was trading at €16,000 on Monday, ~...

Nikkei 225 index double-tops amid BoJ yield curve tweak bets

The Nikkei 225 index has lost momentum in the past few weeks. After surging to a multi-decade high of ¥33,766 this month, it has pulled back by ~...