Tag: profit
Nintendo Shares Drop After Switch 2 Reveal Fails to Impress Investors
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Shares of Nintendo Co. Ltd. (TYO:7974) plummeted nearly 7% on Friday following the much-anticipated reveal of its next-generation console, the Switch 2. The stock...
Oil Prices Rise on Positive Chinese Economic Data, Easing Middle East Tensions Limit Gains
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Oil prices saw modest gains in early trading on Friday, supported by stronger-than-expected Chinese economic data, but geopolitical developments in the Middle East capped...
US Stock Futures Dip After Wall Street Declines Amid Year-End Profit-Taking
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U.S. stock futures declined on Monday evening following a sharp pullback on Wall Street, as investors engaged in profit-taking at the close of a...
Japan’s Comedian-Turned-Investor Launches New Fund with Ex-Goldman “Stock Geek”
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In a surprising turn of events, a former comedian and a self-proclaimed "stock otaku" have joined forces to launch a new stock fund in...
Taiwan Blocks Uber’s $950 Million Acquisition of Foodpanda Over Anti-Competition Concerns
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Taiwan has blocked Uber Technologies' $950 million acquisition of Foodpanda’s operations on the island, citing anti-competition concerns, according to a report by Taiwan's official...
European Stocks Drop Following Hawkish Fed Signals
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European stocks experienced a sharp decline on Thursday, heading for their largest percentage drop in five weeks, as investors pulled out of riskier assets,...
Alibaba to Sell Intime Department Store Chain for $1.3 Billion Loss Amid Restructuring Efforts
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Alibaba Group announced on Tuesday that it will sell its Chinese department store unit, Intime, at a loss of $1.3 billion as part of...
DAX Expected to Lead European Outperformance in 2025, Analysts Predict
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Germany's DAX index is set to drive a period of European market outperformance in 2025, according to analysts at BCA Research. This forecast comes...
Ferrovial Sells Stake in Heathrow for €2 Billion
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Ferrovial has completed the sale of a substantial portion of its stake in FGP Topco Ltd., the parent company of Heathrow Airport Holdings Ltd.,...
Nippon Life to Acquire Resolution Life in $8.2 Billion Deal to Strengthen U.S. Presence
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Nippon Life Insurance, Japan's largest insurer, has announced plans to acquire the remaining shares it does not already own in Resolution Life Group Holdings...
Investors Pour $140bn into US Stock Funds After Trump Election Victory
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Following Donald Trump's election victory on November 5, 2024, US equity funds have witnessed a surge in inflows, with nearly $140 billion invested into...
3 ASX Stocks Estimated to Be Undervalued by Up to 39%
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The Australian Stock Exchange (ASX) continues to offer diverse investment opportunities, even in a fluctuating market where the IT sector shows strength while Energy...