Microsoft provided weak guidance on its next fiscal quarter primarily due to its lagging cloud business Azure.
Alphabet’s ad revenue from YouTube tanks by 2% against market expectations. The GOOGL stock price has slipped once again under $100 this year.
Spotify shares are down over 61 percent in the past year, hereby raising concerns over the company’s future business model.
While there are concerns that Elon Musk may be supporting Russia’s stance in the war with Ukraine, the administration is also worried about the source of his funding.
The fundraising will give Flipkart the push to compete with its rivals.
While Elon Musk was delaying his Twitter buyout offer, a Delaware judge gave him a period until the 28th of October to close the deal
The lower performance in UBS’s equity derivatives, cash equities, and financing revenue all dragged the investment banking unit to record a 19% slump in its revenues.
Rishi Sunak succeeds Liz Truss to become the next British Prime Minister. The crypto community celebrates Sunak’s pro-crypto stand while serving as the Chancellor in the Boris Johnson government.
According to the Bank of America, Meta could bend to advertising spending pressure in the coming year, and this would result in cutting budgets.
The latest decision to include crypto in the TASE strategic plan underscores the nation’s attitude towards digital assets and its potential in traditional finance.
While the stocks have a bearish sentiment at this time, the projection for the future has been keeping many investors optimistic about the Chinese markets.
Tesla has been facing growing challenges in China due to strict COVID-19 rules as well as growing competition from local electric carmakers like BYD.
Philips posted its Q3 2022 report as the company grapples with the fallout from a medical equipment recall.
Stock traders and investors look poised for a bountiful week of earnings as they await a major interest rate decision from the Fed.
Just like the positive bullish growth in the rest of the Asian Pacific market outside of China and Hong Kong, the United States stock market also ended its last trading session in the green.