International News
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ECB rate-cut expectations rise as German inflation hits three-year low
Thursday 29 Aug 2024
(Sharecast News) - German inflation dropped its lowest level in more than three years this month, unexpectedly falling below the 2% target set by the European Central Bank. Read More
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US initial jobless claims fall to 231,000
Thursday 29 Aug 2024
(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 24 August, according to the Department of Labor, but remained well above the average seen earlie... Read More
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US GDP growth revised higher for second quarter
Thursday 29 Aug 2024
(Sharecast News) - The annual rate of economic growth in the US more than doubled in the second quarter, according to revised estimates from the Bureau of Economic Analysis on Thursday. Read More
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Best Buy lifts profit guidance after Q2 comparable sales beat
Thursday 29 Aug 2024
(Sharecast News) - Best Buy hiked its profit forecast for the year on Thursday, amid a positive shift in consumer demand for electronics. Read More
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US pre-open: Futures trade higher following Nvidia Q2 earnings
Thursday 29 Aug 2024
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Thursday as market participants prepared for a number of data points scheduled for release later in the day. Read More
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Dollar General shares slide as it downgrades full-year forecast
Thursday 29 Aug 2024
(Sharecast News) - Shares in Dollar General were sliding in early trade on Thursday, after the retailer revised its annual sales and profit forecasts downward, citing a reduction in consumer spending ... Read More
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Asia report: Markets led lower by regional tech plays
Thursday 29 Aug 2024
(Sharecast News) - Asia-Pacific markets largely declined on Thursday, driven by investor reactions to Nvidia's second-quarter results. Read More
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Eurozone sentiment indicator posts surprise jump to 96.6 in August
Thursday 29 Aug 2024
(Sharecast News) - The eurozone's August Economic Sentiment Indicator recorded a surprise jump month on month, according to official data published on Thursday, beating expectations of no gain. Read More
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Pernod Ricard to return to growth this year but predicts "soft" Q1
Thursday 29 Aug 2024
(Sharecast News) - Pernod Ricard said it expects to return to organic growth this new financial year after small dip in sales in the 12 months to 30 June, but that first-quarter trading would be held ... Read More
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US close: Stocks lower as traders digest Nvidia earnings
Wednesday 28 Aug 2024
(Sharecast News) - Wall Street stocks closed lower on Wednesday as market participants awaited earnings from AI-darling Nvidia after the close. Read More
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Europe close: Stocks edge up as investors wait on Nvidia
Wednesday 28 Aug 2024
(Sharecast News) - Stock markets on the Continent ended the session a tad higher as investors waited on the results of US tech bellwether Nvidia. Read More
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US open: Stocks mixed as traders await Nvidia earnings
Wednesday 28 Aug 2024
(Sharecast News) - Wall Street stocks were mixed early on Wednesday as market participants awaited earnings from AI-darling Nvidia after the close. Read More
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Polestar appoints former Opel boss as CEO as Ingenlath resigns
Wednesday 28 Aug 2024
(Sharecast News) - Swedish electric car maker Polestar said on Wednesday that chief executive officer Thomas Ingenlath has resigned with effect from 1 October, to be succeeded by former Opel CEO Micha... Read More
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Polestar appoints former Opel boss as CEO as Ingenlath resigns
Wednesday 28 Aug 2024
(Sharecast News) - Swedish electric car maker Polestar said on Wednesday that chief executive officer Thomas Ingenlath has resigned with effect from 1 October, to be succeeded by former Opel CEO Micha... Read More
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Kohl's lifts outlook after second-quarter earnings beat
Wednesday 28 Aug 2024
(Sharecast News) - Kohl's raised its annual profit forecast on Wednesday, after surpassing expectations for second-quarter earnings, driven by stringent cost management and reduced inventory levels. Read More
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US pre-open: Futures little changed as traders eye Nvidia earnings
Wednesday 28 Aug 2024
(Sharecast News) - Wall Street futures were little changed ahead of the bell on Wednesday as market participants awaited earnings from AI-darling Nvidia. Read More
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Foot Locker posts first comparable sales growth in six quarters
Wednesday 28 Aug 2024
(Sharecast News) - Foot Locker reported its first comparable sales growth in six quarters on Wednesday, marking a milestone in its ongoing turnaround efforts. Read More
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Hyundai Motor lays out ambitious goals for sales, shareholder returns
Wednesday 28 Aug 2024
(Sharecast News) - Hyundai Motor announced ambitious plans to increase its annual global sales by 30% to 5.55 million vehicles by 2030 on Wednesday, with a significant focus on expanding its hybrid ve... Read More
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Asia report: Markets mixed as Australian inflation tops forecasts
Wednesday 28 Aug 2024
(Sharecast News) - Asia-Pacific markets ended the day with mixed results as investors evaluated economic data and corporate performances across the region. Read More
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Lego's H1 profits grow as toymaker invests more in greener materials
Wednesday 28 Aug 2024
(Sharecast News) - Toymaker Lego announced an impressive set of first-half results on Wednesday, with both top and bottom lines expanding by double digits, as it continued to outpace industry growth a... Read More
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