Stock Markets, Business News, Financials, Earnings

Wall Street Indexes Plunge 5% as Trump Tariffs Shake Confidence In U.S. Trade Policy Apr 3
Wall Street indexes plunged after investors began factoring in the scope and the impact of Trump tariffs on corporate earnings and the wider economy.
U.S. Market Volatility to Remain Elevated as Trump Tariff Confusion Prevails Apr 2
Wall Street indexes lacked direction and traded in a tight range amid ongoing Trump import tax confusion and chaos. U.S. new orders for manufactured goods increased for the second consecutive month in March, and private sector payrolls expanded at a faster pace in February. TSLA XPEV

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U.S. Movers: BlackBerry, RH, UniFirst Apr 3
BlackBerry guided for lower revenue in the current quarter, and losses shrank in the fourth quarter. UniFirst reported strong results in the second quarter but estimated lower earnings ahead. RH’s guidance disappointed investors, as the company focuses to expand business in Europe. BB UNF RH
U.S. Movers: Progress Software, XPeng Apr 2
XPeng delivered a sharply higher number of electric vehicles in March and during the first quarter. Progress Software guided higher sales and earnings in the second quarter and the full year 2025.

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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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Europe Markets Deepen Losses After Trump Tariffs Raised Prospects of Global Recession Apr 3
European markets extended the weekly decline for the second consecutive day after the U.S. announced reciprocal tariffs targeting key trading partners.
Europe Markets Remain Under Pressure Ahead of U.S. Import Tax Roll Out Apr 2
European markets remained under pressure ahead of the start of the U.S. import tax on vehicle imports and additional duties on other industrial imports. Spain's registered jobless count declined in March.

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Europe Movers: Stolt Nielsen, Topps Tiles Apr 3
Topps Tiles reported a 4% increase in sales in the first half, driven by a strong performance in March. Stolt Nielsen said revenue and earnings edged up in 2024.
Europe Movers: Greencore, Travis Perkins, YouGov Apr 2
Travis Perkins raised its quarterly dividend despite reporting losses in 2024. YouGov is on track to achieve £20 million in cost savings. Greencore raised its profit outlook.

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Japan Markets Plunged 3% After U.S. Imposed Stiff Tariffs On All Imports Apr 3
The U.S. announced a wide-ranging tariff on imports from all countries but targeted its key trading partners for its heaviest taxes. Japan's export-driven economy is likely to face a sharp slowdown amid rising trade tensions with the U.S. and weakening Japanese yen.
U.S. Escalated Trade War and Slapped China With Additional 34% Tariffs Apr 3
The U.S. ramped up its tariffs on all imports, and goods shipped from China attracted a cumulative 54% import tax as promised by the White House. Benchmark indexes dropped 2.5% in the holiday-shortened week and fell to the lowest level since February 20.

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India Movers: Uflex, Nahar Industrial, RPSG, Signet, Hinduja Global, Ethos, Ashapura, Uttam Sugar Apr 3
Uttam Sugar reported a decline in net income and revenue in the fiscal third quarter. Uflex said net income swung to a profit in the December quarter. Ashapura reported a sharp jump in revenue and earnings in the December quarter.
India Movers: Punjab & Sind Bank, Nelco, Oriental Hotels, CEAT, Mahindra EPC, Authum Investment, Bank of Maharashtra, Mastek Apr 2
Punjab & Sind Bank reported a sharp jump in revenue and earnings in the December quarter. CEAT announced mixed results in the December quarter. Mastek reported a muted increase in sales and earnings in the December quarter and declared an interim dividend.

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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