European stocks rose 0.8% driven by strong earnings from Hermès and NatWest, alongside positive US inflation data.
Author: Ecem Efe (Ecem Efe)
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US Stocks Struggle as Tech Sell-Off Continues Amid AI Concerns
US stocks struggled on Thursday with the Nasdaq and S&P 500 falling amid concerns over AI investment returns and disappointing tech earnings, while the Dow Jones saw a modest gain; traders are now anticipating Federal Reserve rate cuts based on recent economic data.
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Stellantis Stock – Stellantis Falls Short of Expectations with Decline in H1 Revenue and Operating Income
Stellantis reported a 40% drop in operating profit and negative free cash flow in the first half of 2024 due to operational issues, particularly in North America, and substantial outflows from the Grayscale Ethereum Trust, while analysts have mixed predictions for the company's future performance.
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HUL Share Price – HUL Shares Drop 3% Despite Solid Q1 Earnings – Is Now the Time to Buy?
Hindustan Unilever's share price dropped over 2% despite a 3% increase in net profit to ₹2,538 crore for the quarter ending June 30, 2024, matching Street estimates of ₹2,541 crore.
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Dow Jones Today – S&P 500 and Nasdaq Surge on July 22, Fueled by Nvidia and Tesla
On July 22, major stock indexes surged, led by strong performances from Nvidia and Tesla, while political developments and upcoming economic data drew investor attention.
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Stock Market Update: U.S. Futures Rise as Biden Withdraws from Presidential Race: Market Update for July 22, 2024
U.S. futures rose on July 22, 2024, following President Biden's withdrawal from the presidential race and endorsement of Vice President Kamala Harris, amid upcoming key economic data and earnings reports.
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Microsoft Outage Today – Microsoft IT Outage Update: Full Recovery from CloudStrike Failure May Take Weeks, Flights Still Delayed
Microsoft IT outage caused by a faulty software update has led to widespread disruptions, including over 5,000 flight cancellations and significant impacts on various industries, with full recovery expected to take weeks.
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Stock News – Dow and S&P 500 Tumble in Thursday Sell-Off, Dow Slides Over 500 Points
Stocks fell sharply on Thursday, with the Dow Jones down over 500 points and the S&P 500 and Nasdaq also closing lower, as investors took profits from recent tech stock gains and adjusted positions amid broader market volatility.
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PLTR Stock: Predicting the Next 5 Years of Stock Performance
Palantir Technologies' stock has surged due to widespread AI adoption, positioning it for significant growth in the expanding software market, with strong financial metrics and optimistic earnings forecasts appealing to investors.
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ASML Earnings – ASML Shares Decline Amidst Concerns Over Potential Chinese Measures, Despite Strong Q2 Earnings
ASML's shares declined due to concerns over potential Chinese measures, despite the company reporting strong Q2 earnings.
