Alibaba Shares Plunge After Revenue Miss
On Thursday, shares in Alibaba (NYSE:BABA) were modestly lower in pre-open trading after the company reported revenue for its Q2 that missed the average analyst...
Author : Aniruddh Shrivastava
Bouygues Shares Fall After Company Drops Construction Unit’s FY Profit Margin Target
On Thursday, shares in Bouygues SA (EPA:BOUY) plunged after the French industrial company scrapped its profit margin target for its Colas construction unit due to...
German Shares Lead Europe Higher As Siemens’ Profit Grow
On Thursday, German shares led the gains among European stocks at the open as Siemens jumped after posting an upbeat quarterly profit. At the same...
Stellantis to Acquire Software Developer aiMotive in Autonomous Driving Push
On Thursday, carmaker Stellantis said it had agreed to buy aiMotive, a Hungary-based developer of advanced artificial intelligence (AI) and autonomous driving software, to advance...
UK Inflation Hits 41-Year High
According to the Office for National Statistics, rising food prices and household energy bills pushed British inflation to a 41-year high. The data was published...
Deliveroo Shares Jump After Announcing Exit From Australia
On Wednesday, Deliveroo (LON:ROO) shares jumped at the open but failed to hold their gains after the food delivery company said it would stop its...
Shares in Software Company Sage Jump After Cloud Unit Boosts Annual Profit
On Wednesday, shares in Sage Group PLC (LON:SGE) leapt in early trading after the UK software company reported an 8 per cent rise in full-year...
Siemens Energy Shares Rise as Power and Gas Division Orders Fuel Q4 Profit Beat
On Wednesday, shares in Siemens Energy AG (ETR:ENR1n) leapt by more than 6 per cent after the company unveiled better-than-expected Q4 profit, thanks to robust...
Walmart Announces $20 Billion Share Buyback
On Tuesday, Walmart Inc forecasted a smaller decline in annual profit as demand for groceries rises despite higher prices. At the same time, discounts on...
Vodafone Shares Fall After It Cuts Full-Year Outlook Amid High Energy Costs
Vodafone Group PLC (LON:VOD) has narrowed its annual income guidance after the UK-based company flagged that rising consumer prices and higher energy costs weighed on...