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Top StoriesAnalysis-Nvidia’s $25 billion buyback ‘a head-scratcher’ for some shareholders
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InvestingThese FTSE 100 stocks look Low-Cost after big falls
Top StoriesNovavax shares sink premarket as going concern worries weigh
Bayer hits 8-month high as investors welcome CEO change
Date: February 9, 2023
BERLIN (Reuters) -Bayer shares rose as much as 5% in early Thursday trading to an eight month high, adding to gains from the day before when the German drugs to pesticides group named former Roche executive Bill Anderson as its next CEO. The stock jumped 6% late Wednesday, after the appointment was announced about 15...
Tesla shares tumble, on track for worst month ever
Date: December 23, 2022
By Noel Randewich (Reuters) – Tesla Inc shares are on track for their worst month ever as a sell-off deepened on Thursday over worries about softening demand for electric cars and Chief Executive Elon Musk’s distraction with Twitter. The stock dropped almost 10% on Thursday to their lowest level since September 2020 after the automaker’s...
Tesla investors to focus on demand issues in earnings report
Date: October 19, 2022
(Reuters) -Tesla Inc’s quarterly report on Wednesday will likely show whether the Elon Musk-led electric-vehicle maker is facing any weakness in demand that is starting to weigh on the wider auto industry. Decades-high inflation, rising energy bills in Europe and signs of a weakening China market have raised doubts among some analysts about whether Tesla...
AXA’s shares surge as insurer unveils share buyback and higher H1 profits
Date: August 3, 2022
By Matthieu Protard PARIS (Reuters) -French insurer AXA announced a new share buyback programme as it posted a 3% rise in first-half net profit, driving up its stock price. AXA, Europe’s second-biggest insurer behind Germany’s Allianz, said it would buy back up to 1 billion euros ($1 billion) worth of its shares, echoing a similar...
Nintendo announces 10-1 stock split; sees switch sales falling 9%
Date: May 10, 2022
By Sam Nussey TOKYO (Reuters) – Japan’s Nintendo Co Ltd on Tuesday made a play for the hearts of retail investors, announcing a 10-1 stock split effective Oct. 1, a long-called-for move that aims to improve the liquidity of the videogame maker’s shares. The surprise announcement came as Nintendo said it expects sell 21 million...
Warner bros discovery shares gain on first trading day
Date: April 11, 2022
(Reuters) – Shares of Warner Bros Discovery Inc rose on Monday, the first trading day of the media and streaming firm formed from the $43-billion merger of Discovery Inc and assets of AT&T Inc. Warner Bros Discovery shares were up 0.8% at $24.62, while AT&T stock climbed 2% to $18.62 before the bell. AT&T and...