Hong Kong now third most sustainable stock market as US ranks 16th and UK drops to 20th

A recently published outlook for stock exchanges in terms of the global scores show the Netherlands is ranked as the world’s most sustainable stock market – the fourth year in a row and Hong Kong is now third after overtaking France. The USA and UK rank 16th and 20th respectively. Morningstar covers 48 stock markets… Continue reading Hong Kong now third most sustainable stock market as US ranks 16th and UK drops to 20th

Angry Birds’ Rovio shares up 17% amid Sega acquisition deal

Japanese gaming giant Sega has made an offer to acquire the maker of the Angry Birds puzzle game Rovio Entertainment Oyj for $776 million. If successful, the deal will see Sega acquire all of Rovio’s outstanding shares and options at a price of $9.25 per share, which is 19% higher than the stock’s closing price… Continue reading Angry Birds’ Rovio shares up 17% amid Sega acquisition deal

Canoo and MULN stocks have diverged: Are these EV stocks safe?

Canoo (NASDAQ: GOEV) and Mullen Automotive (NASDAQ: MULN) stock prices have diverged in the past few days. MULN stock was trading at $0.09 on Monday, a few points above the all-time low of $0.090. On the other hand, Canoo stock price was trading at $0.6721, about 32% above the year-to-date low. The similarity is that… Continue reading Canoo and MULN stocks have diverged: Are these EV stocks safe?

Wells Fargo Q1 earnings: ‘they’re managing through pretty well’

Shares of Wells Fargo & Co (NYSE: WFC) are roughly flat this morning even though the financial services behemoth reported market-beating results for its fiscal first quarter. Expert reacts to Wells Fargo Q1 results The multinational recorded $948.7 billion of loans for its Q1 versus $958 billion expected but better than $911.8 billion in the… Continue reading Wells Fargo Q1 earnings: ‘they’re managing through pretty well’

JPMorgan reports record revenue for Q1: is banking crisis over?

JPMorgan Chase & Co (NYSE: JPM) opened in the green on Friday after reporting strong results for its first financial quarter thanks primarily to the higher interest rates. Pro shares his view on the banking crisis Its quarterly update relieves some of the anxiety surrounding the banking sector at large following recent failures that helped… Continue reading JPMorgan reports record revenue for Q1: is banking crisis over?

Citigroup shares up after strong first quarter results

Citigroup (NYSE: C) shares rose pre-market on Friday as the bank’s first quarter 2023 financial report showed a strong operational performance. The Citigroup stock price was nearly 2% up in premarket trading, rising above $48. Citi shares rise after Q1 revenue beat Among the key metrics for the banking giant, first quarter 2023 net income… Continue reading Citigroup shares up after strong first quarter results