Stock Markets, Business News, Financials, Earnings

U.S. Treasury Yields Spike, Stocks Slide, Dollar Weakens After Moody's Downgrade May 19
The U.S. Treasury bonds faced renewed selling pressure after Moody's Ratings belatedly stripped the U.S. of its highest credit rating, citing persistent deterioration in fiscal governance and a lack of a plan to lower the overall debt. JPM WFC WMT HD M TGT AMZN
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

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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 Hover Near Record Highs, Euro Edges Higher After U.S. Debt Rating Downgrade May 19
European stock market indexes hovered near record highs, bond yields edged higher, and the euro and the pound strengthened. The U.K. and the European Union struck a defense agreement that could pave a way for the UK-based defense companies to participate in Europe's push to build its armaments.
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.

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Europe Movers: Engie, National Grid, Ryanair May 19
Ryanair, the Ireland-based discount airline, reported a decline in profit despite a rise in revenue and passenger traffic. Engie, the French energy company, reiterated its annual outlook after strong quarterly results. National Grid, the UK-based electric grid operator, said profit surged 20% and revenue declined 7% in the fiscal year ending in March.
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.

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U.S.-Japan Trade Tensions Weighed On Stocks In Tokyo Trading May 19
Stock market indexes in Japan turned lower amid ongoing trade tensions with the U.S. Investors fear that the surge in U.S. tariffs is likely to push Japan's economy into a recession and accelerate consolidation in the automobile industry.
China New Home Price Decline, Industrial Production, and Retail Sales Growth Slow May 19
China markets struggled to advance after a flood of economic data indicated resilient manufacturing activities. New home prices continued to soften for the 22nd consecutive month in April.

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Stock Movers: Emami, Nesco, GIC Housing, BHEL, Galaxy Surfactants, Gujarat Alkalies, IOL Chemicals, Entertainment Network May 19
Gujarat Alkalis’ net income swung to a profit from a year ago in the March quarter and the company recommended a dividend. BHEL reported a two-fold increase in earnings in the March quarter. Nesco recommended a final dividend despite a decline in earnings in the March quarter.
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.

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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