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Top StoriesSnap misses revenue estimate, shares plunge 30%
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Top StoriesBP challenges US energy regulator’s oversight of venture global LNG plant
Arm shares sink as some analysts question valuation after weak forecast
Date: November 9, 2023
Arm shares sink as some analysts question valuation after weak forecast By Arsheeya Bajwa (Reuters) – Shares of Arm Holdings sank 8% on Thursday after a delay in a large deal hampered the company’s quarterly forecast in the first earnings since its float in September. The company, which develops and licences semiconductor intellectual property to...
HP forecasts 2024 profit in line with estimates, boosts annual dividend
Date: October 11, 2023
HP forecasts 2024 profit in line with estimates, boosts annual dividend (Reuters) -HP Inc on Tuesday forecast fiscal 2024 earnings largely in line with estimates and raised its annual dividend, reflecting stabilizing demand in the personal computers market. Companies such as HP, Lenovo and Dell Technologies have seen demand ease from peaks hit during the...
UK’s IG group ekes out revenue rise from interest income, U.S. trading
Date: September 14, 2023
UK’s IG Group ekes out revenue rise from interest income, U.S. trading (Reuters) – British online trading platform IG Group on Thursday reported a marginal rise in its first-quarter revenue after a big boost from net interest income and strong U.S. trading helped offset a fall in the number of active clients. Changing market conditions...
Gazprom’s board to consider buying shares
Date: September 6, 2023
Gazprom’s board to consider buying shares MOSCOW (Reuters) – The board of Russian natural gas giant Gazprom said on Tuesday that it will consider buying shares of the company at a meeting scheduled for Sept. 13. It did not elaborate in the regulatory filing. Several Russian companies, such as oil producer Lukoil and retailer Magnit,...
Europe’s brief window of market outperformance swings shut
Date: June 16, 2023
LONDON (Reuters) – European equities and the euro look set to lose out to U.S. markets in the months ahead, as a stellar run in early 2023 has fizzled out in the face of tepid global economic performance and the AI hype that has brought a sparkle to Wall Street. The S&P 500 is up...
How to protect your investments from market volatility
Date: June 12, 2023
How to Protect Your Investments from Market Volatility Investing in financial markets offers the potential for long-term growth and wealth accumulation. However, market volatility can pose significant risks to investors, potentially leading to substantial losses and financial instability. To navigate these uncertain times and safeguard your investments, it is essential to adopt strategies that protect...