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ASML shares continued to decline in premarket trading on Tuesday after suffering heavy losses in the previous session, as investor concerns over China’s progress in semiconductor equipment manufacturing weighed on sentiment. The Dutch chip equipment maker was down 4% before the opening bell after closing nearly 6% lower on Monday, following a report that China… Continue reading ASML stock slips again: why BofA remains strongly bullish

Wall Street was set for a split open on Tuesday as renewed anxiety over the cost of the artificial-intelligence boom pushed chip stocks lower and left the Nasdaq trailing the broader market. US stock futures were mixed, with S&P 500 futures edging 0.10% lower and Nasdaq 100 futures falling 0.83%, while Dow futures gained 145… Continue reading Nasdaq futures plunge 240 points: 5 things to know before Wall Street opens

Shares in hedge fund manager Man Group jumped 5.1% in early London trading. The stock reached its highest level since 2010 after the company reported a stronger-than-expected rise in assets under management. The London-listed firm said its firmwide AUM reached a record $253.6 billion as of June 30. The figure marked an 11% increase for… Continue reading Man Group shares cimb as record AUM fuels strong results

Barclays shares fell sharply in London on Tuesday even after the bank reported stronger first-half profit, as investors questioned whether the earnings beat was broad and repeatable. The stock dropped about 4.9% in early trading on July 28. Profit before tax rose 17% to £6.1 billion from £5.2 billion a year earlier, exceeding analysts’ expectations… Continue reading Why did Barclays shares fall after first-half profit jumped 17% on trading?

LVMH shares swung sharply on Tuesday, rising as much as 2% before reversing course to trade 2.56% lower after the luxury group reported second-quarter sales growth broadly in line with expectations. The results offered an important test of whether the $400-billion luxury sector is decisively emerging from a two-year downturn. LVMH is the owner of… Continue reading LVMH shares drop 2.56% after second-quarter sales report

Tesla stock (NASDAQ: TSLA) has lost roughly 30% this year, leaving investors to decide whether the company’s emerging artificial-intelligence businesses can justify a valuation far above what its automotive profits currently support. The stock closed Monday, July 27, at $309.22 after another 1.2% decline. A $600 target would imply about 94% upside, meaning Tesla would… Continue reading Tesla stock is down 30% in 2026: can its AI dream still justify $600 price target?

German carmaker Mercedes-Benz Group AG on Tuesday cut its 2026 unit sales outlook for its Cars division. The company said sales are now expected to be slightly below the previous year’s level. Mercedes-Benz attributed the revised outlook in particular to the negative development of the Chinese market. The company also adjusted its full-year revenue forecast.… Continue reading Mercedes-Benz lowers 2026 sales forecast as China demand slumps