News

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19 Dec 2024 20:57

Czech Central Bank Holds Rate Steady at 4%, Capital Economics Predicts Resumption of Rate Cut Cycle

Daily News

The Czech National Bank (CNB) maintained its policy rate at 4.00% on Thursday, pausing the recent series of rate cuts. This has led Capital Economics to predict t...

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19 Dec 2024 20:47

Emerging Markets Face Growth Challenges in 2025, According to Capital Economics

Daily News

Capital Economics anticipates strong challenges in growth for emerging markets in 2025, predicting that expectations will remain below consensus. The firm forecas...

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19 Dec 2024 20:33

Lumen Technologies Shares Surge on Potential Sale of Consumer Fiber Division

Daily News

Lumen Technologies (NYSE:LUMN) shares rose by 4.3% following a Reuters report indicating that the company has initiated a process to sell its consumer fiber opera...

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19 Dec 2024 20:27

Riksbank Takes a Hawkish Stance While Norges Bank Remains More Balanced, According to BofA

Daily News

According to a note published by BofA Global Research on Thursday, their view on Riksbank and Norges Bank indicates that the Swedish central bank has adopted a mo...

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19 Dec 2024 20:15

Google Introduces AI Mode to Compete with Chatbots in Search Engine - The Information

Daily News

According to a report based on sources from The Information, Google (NASDAQ: GOOGL) plans to add an artificial intelligence mode to its search engine that can com...

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19 Dec 2024 20:07

BILL Stock Soars with Inclusion in S&P MidCap 400

Daily News

BILL Holdings Inc. (NYSE: BILL) shares rose by 6% after the announcement that the company will be included in the S&P MidCap 400 index. The addition to the index ...

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19 Dec 2024 19:59

eToro's 2025 Investment Outlook: Modest Growth, Low Interest Rates, and the Musk Factor

Daily News

Investing.com -- eToro's market analyst Jean-Paul van Oudheusden shared the annual investment outlook for 2025. He expects the moderate global growth, low inflati...

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19 Dec 2024 19:57

Soho House Surges with Stock Buyout Offer

Daily News

Soho House & Co Inc. (NYSE: SHCO) shares surged 56% following the announcement of a significant acquisition offer and strong third-quarter financial results. Earl...

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19 Dec 2024 19:55

BoE Maintains Cautious Guidance with Dovish Tones, According to BofA

Daily News

BofA Global's research characterized the Bank of England's (BoE) latest decision on Thursday as dovish. The bank noted the cautious 6-3 vote split and indicated t...

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19 Dec 2024 19:40

Mexican Central Bank Implements Fourth Consecutive Interest Rate Cut

Daily News

Forex - Mexico's Central Bank (Banxico) has lowered interest rates for the fourth consecutive time due to low economic growth and slowing inflation.

According t...

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19 Dec 2024 19:28

Boeing Stock Soars After Pegasus Airlines' Major Order

Daily News

Investing.com -- Shares of The Boeing Company (NYSE:BA) rose by 3% today after Turkey's leading low-cost airline, Pegasus Airlines, announced a significant order ...

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19 Dec 2024 19:26

Prothena Shares Surge Despite Clinical Trial Setback

Daily News

Investing.com -- Prothena Corporation plc (NASDAQ:PRTA) shares rose by 43% today, marking the largest daily increase since September 2022. This surge occurred des...

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19 Dec 2024 19:23

Kinder Morgan's Subsidiary Advances $1.4 Billion Mississippi Crossing Project

Daily News

Kinder Morgan's Tennessee Gas Pipeline (TGP) has confirmed its decision to advance the Mississippi Crossing Project (MSX Project). This decision follows the compa...

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19 Dec 2024 19:22

Vertex Shares Downgraded at Oppenheimer Due to Uncertainties in LSR Trial

Daily News

Oppenheimer downgraded Vertex Pharmaceuticals’ rating after announcing Phase 2 trial results for suzetrigine in the treatment of painful lumbosacral radiculopathy...

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19 Dec 2024 19:20

Ollie's Shares Surge Following Big Lots Store Closures

Daily News

Investing.com -- Ollie's Bargain Outlet (NASDAQ:OLLI) shares rose by 3.5% in response to the market's reaction to Big Lots' decision to close all its stores and c...

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19 Dec 2024 19:06

Intel Identifies Potential Buyers for Altera Division in Next Bid Round

Daily News

Investing.com -- Intel (NASDAQ:INTC) Corp. has narrowed down the list of potential buyers for its Altera unit in the next round of bidding, according to sources f...

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19 Dec 2024 18:53

Fraport Shares Surge Following New Airport Fees Agreement

Daily News

Investing.com -- Fraport AG (FRA:FRA) shares closed up 4.3% today after the company announced it had signed a four-year advantageous airport charges agreement wit...

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19 Dec 2024 17:55

CK Hutchison's Italian Unit Under Investigation for Tax Evasion Allegations

Daily News

Investing.com -- CK Hutchison Holdings Ltd.'s telecommunications subsidiary in Italy, Wind Tre SpA, is under investigation for alleged tax evasion during a $3.6 b...

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19 Dec 2024 17:53

B. Riley Accuses Former Investment Banking Head of Stealing Clients and Staff

Daily News

B. Riley Financial Inc. has accused its former investment banking president of conspiring to poach clients and staff for his new employer, Texas Capital Bank. The...

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19 Dec 2024 16:39

AGCO Shares Decline Due to Low Sales Forecast

Daily News

AGCO Corp. (NYSE:AGCO) shares experienced a sharp decline during the trading session, dropping by as much as 6.1%, but later rebounded to finish the session down ...

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19 Dec 2024 15:58

Diageo Explores Sale of Cîroc Vodka Brand, Engages with Potential Buyers - Bloomberg

Daily News

Diageo Plc, the British beverages group, is considering the sale of the Cîroc Vodka brand, which was previously associated with music producer Sean "Diddy" Combs....

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