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Record surge in Tesla stock
Tesla shares rocket by 21.9 percent – the company’s largest one-day gain in more than a decade – as U.S. markets hope to avoid their first negative w…
1 year, 8 months ago
Tesla surprises with Q3 profit beat
Tesla share surge in extended trade after the EV maker posted a better-than-expected earnings beat in Q3. CEO Elon Musk says the company’s sales targ…
1 year, 8 months ago
IMF hikes U.S. FY outlook
The IMF hikes its U.S. forecast for 2024 but Germany weighs on the European outlook. The IMF’s Director of the Monetary and Capital Markets departmen…
1 year, 8 months ago
Big Tech rallies late on
A late rally from Big Tech stocks pushes the Nasdaq to the brink of a fresh record high as earnings season begins in earnest. German computing giant …
1 year, 8 months ago
PBOC slashes key lending rate
The PBOC cuts its benchmark lending rate to provide more support for the economy. The Shenzhen Composite moves higher as a result. In the U.S., Wall …
1 year, 8 months ago
Asian markets shrug off slow China growth
Asian markets remain sanguine on China’s slowest GDP growth in more than a year as the PBOC’s raft of stimulus measures kick in. Bridgewater Associat…
1 year, 8 months ago
China housing finance announcement disappoints
Chinese developer stocks sink despite the housing ministry briefing outlining further measures to help prop up the troubled property sector. We are l…
1 year, 8 months ago
ASML tanks on worst sell-off since last century
Dutch chip maker ASML suffers its worst sell-off since 1998 after it slashed its sales outlook in an earnings release it published accidentally. Chip…
1 year, 8 months ago
Crude falls as Israel Iran attack fears diminish
Crude prices tumble following reports that Israel will back off targeting Iranian oil or nuclear infrastructure. Opec has also slashed its demand for…
1 year, 8 months ago
China economic turmoil deepens
Chinese consumer inflation disappoints for September while deflation deepens in the manufacturing sector. Chinese markets see a volatile session foll…
1 year, 8 months ago