Stock Research

US stock futures edged higher on Friday as investors headed into the final session of the week hoping the worst of the Middle East shock may be passing, even if the market is not yet prepared to trade as though the crisis is over. Wall Street has been supported this week by record closes and… Continue reading Dow futures climb 175 points: 5 things to know before market opens

The UK’s benchmark FTSE 100 index slipped on Friday, pressured by declines in utilities and mining stocks. The index was also on track to break its three-week winning streak. The FTSE 100 fell 0.1% to 10,581.06 points. In contrast, the midcap FTSE 250 index rose 0.1%, putting it on course for a third consecutive week… Continue reading London’s FTSE 100 dips as utilities and miners drag index

Apple recorded a robust 20% increase in iPhone shipments in China during the first quarter, outperforming the wider market, as per Counterpoint Research data, cited in a Reuters report. The company’s performance stood in contrast to a slowdown across the sector, as rising memory chip prices and supply chain disruptions weighed on total smartphone shipments… Continue reading What’s behind Apple’s strong iPhone growth in China market?

Uber has made a small deal with a big message for investors. The company is buying a 4.5% stake in German food-delivery group Delivery Hero for about €270 million, or roughly $318 million, by acquiring 13.6 million shares from Prosus at €20 each. The timing matters as Prosus is selling the stake to satisfy European… Continue reading Is Uber stock a buy after its bold $318M European expansion bet?

Wipro stock fell after the Indian IT services company issued a weak revenue outlook for the upcoming quarter, reviving investor concerns about demand, execution and the pace of any recovery in the sector. The softer guidance suggests clients remain cautious, particularly among banking and financial services customers in key overseas markets, while the conversion of… Continue reading Wipro stock plunges 3%: is Indian IT stuck in a slow-growth trap?

Foreign investors are returning to South Korea’s markets after a brutal March sell-off, drawn back by a sharp rebound in equities and growing demand for the country’s bonds ahead of its inclusion in a major global debt index. The shift marks an important test for Seoul’s markets: whether a recovery driven by technology optimism and… Continue reading Why are foreign investors rushing back into South Korea right now?

Asian markets traded mixed on Friday as investors balanced optimism over a tentative ceasefire between Israel and Lebanon and the prospect of renewed US-Iran talks against lingering concern about energy supply and the durability of the recent equity rally. The key change from earlier in the week is that markets are no longer bracing for… Continue reading Hang Seng dips as Asian markets balance truce hopes, oil risk

Wall Street extended its rally on Thursday, with the Dow Jones Industrial Average rising alongside fresh record highs in the S&P 500 and Nasdaq Composite, as investors grew increasingly optimistic about a potential easing of geopolitical tensions tied to the Iran conflict. The S&P 500 rose 0.26% to close at 7,041.28, while the Nasdaq Composite… Continue reading Dow Jones gains 115 pts as S&P 500, Nasdaq hit records on Iran hopes

Shares of Netflix fell sharply on Thursday after the company announced that co-founder and chairman Reed Hastings will step down, even as the streaming giant reported better-than-expected first-quarter results. The stock declined around 8% in after-market trading after the announcement, reflecting investor concern over leadership changes at a time when the company is navigating a… Continue reading Netflix chair Reed Hastings exits as earnings beat, stock drops