Stock Markets, Business News, Financials, Earnings

U.S. Stocks Extend Gains Amid Lack of Visible Signs of Tariffs On Inflation May 16
The S&P 500 index advanced more than 4%, and the Nasdaq Composite surged more than 5% as the U.S. and China rolled back heavy additional tariffs in the week. The U.S. building permits, housing starts, and completions fell in April. CHTR MSFT
S&P 500 and Nasdaq Turn Lower After Retail Sales Report and Walmart Earnings May 15
The Producer Price Index unexpectedly fell in April, driven by the services sector absorbing some of the recent increases in tariff-driven prices. Retail sales, unadjusted for inflation, edged higher at a slower pace as consumers scaled back purchases. CSCO BOOT BA BABA WMT DKS FL

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U.S. Movers: Alibaba, Birkenstock, Doximity, Walmart May 16
Walmart reported weak quarterly results, partially offset by growth in the health and wellness grocery segments. Alibaba posted higher sales and earnings but failed to meet analyst expectations. Birkenstock is expanding production capacity to meet consumer demand. BABA BIRK DOCS WMT
U.S. Movers: Boot Barn, Cisco Systems May 15
Cisco Systems reported strong third-quarter results and issued a positive outlook. Boot Barn Holdings said it plans to open between 65 and 70 new stores during the fiscal year 2026. CSCO BOOT

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Sony Corp. Lifts Annual Outlook Driven by Gains in PlayStation and Music Businesses Feb 17
Sony raised its full-year outlook on the back of the strength in its console and music businesses. The technology and media company plans to spin off its financial services unit by October.
Lululemon Athletica Quarterly Sales Rise 19%, Expands Stock Repurchase Plan Dec 8
The specialty apparel retailer said international sales soared but net income declined. The company board approved an additional stock repurchase plan of $1 billion. LULU

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January's Consumer Price Inflation Supports Fed's Resolve to Delay Rate Cuts Feb 12
The rebound in inflation in January was driven by an increase in prices for food, fuel, and passenger cars. Elevated shelter continues to drive most of the inflation and underscored the Fed's reluctance to deliver additional rate cuts in the imminent future.
U.S. Job Growth Slowed by Solid In January, Wage Growth Supports Fed's Rate Case Feb 8
Wall Street indexes were little changed after nonfarm payrolls increased at a slower pace in January, but wage growth in the month stayed sharply ahead of the Fed's inflation goals.

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China's Bubble Tea Chain Mixue Group's IPO Attracted Huge Interest from Retail Investors Mar 3
The rapidly growing affordable beverage chain operator's public offering became the most popular ever in Hong Kong, with 6,000 times oversubscribed.
Heidelberg Materials Enlarges U.S. Footprint with Giant Cement Acquisition Nov 28
Heidelberg Materials agreed to acquire the U.S.-based Giant Cement and its subsidiaries from Mexican billionaire Carlos Slim controlled company listed in Spain.

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European Markets Extend Weekly Gains to Fifth Consecutive Week, Richemont In Focus May 16
European markets extended weekly gains to the fifth consecutive week amid de-escalating trade tensions. France's jobless rate slightly edged up to 7.4% in the first quarter.
UK GDP Growth Accelerated In First Quarter, Eurozone Employment Growth Extended to 16th Consecutive Quarter May 15
UK GDP growth accelerated in the first quarter, driven by a sustained increase in the services sector. The eurozone employment increase accelerated in the first quarter. Germany's wholesale price inflation increased at the slowest pace in five months.

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Europe Movers: Aegon, Swiss Re May 16
Aegon said assets under management increased by 3% in the latest quarter. Swiss Re reported lower revenue and raised its dividend.
Europe Movers: Aeroports de Paris, Allianz, Compass, Iveco, RTL, Siemens, ThyssenKrupp May 15
Siemens reported higher sales in the latest quarter, but failed to meet analyst expectations. Allianz guided flat operating profit for the full fiscal year. Iveco said the latest sales decline was partially offset by higher bus deliveries in South America.

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Japan's GDP Contracts In First Quarter, Nikkei 225 Edges Higher After a Week of Volatile Trading May 16
Japan's GDP contracted in the first quarter after the international trade deficit overwhelmed the stable consumer and government spending. The Nikkei 225 Stock Average edged up a fraction after a week of volatile trading.
China Stocks Turn Lower After Earnings Growth and Macroeconomic Worries Resurface May 16
China and Hong Kong market indexes trimmed weekly advances after Alibaba Group's quarterly results fell short of market expectations. Three companies listed their stocks in China and Hong Kong, raising a total of $265 million.

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India Movers: Astec Lifesciences, Nestle, Hindustan Unilever, Mphasis, L&T Technology, Tech Mahindra, Elecon Engineering, Persistent Apr 25
Tech Mahindra reported a 72% jump in its earnings in the March quarter. Astec's net loss expands sharply in the fiscal fourth quarter. Nestle recommends a final dividend despite the decline in its earnings in the latest quarter.
India Movers: Swaraj Engines, Wipro, Waaree, GTPL Hathway, Jayaswal Neco, Rajratan Global, Tata Teleservices, Thyrocare Apr 17
Swaraj Engines reported an increase in net income in the March quarter and recommended an equity dividend. Waaree reported a sharp jump in revenue and earnings in the latest quarter. GTPL Hathway said revenue rose and earnings declined in the March quarter.

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How Can Argentina Regain Growth Momentum and Avoid Dollarization? Mar 25
Argentina’s persistent financial crisis is rooted in its failure to diversify its economic base away from agriculture and mining activities and to ignore its human capital potential for decades.
Is Twitter Dying? Nov 18
The social media platform's rapid rise brought a flood of users from all walks of life. Twitter's popularity also attracted politicians, regulators and investors, all competing to bend the platform to meet their needs. TWTR