International News
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Wells Fargo shares down in pre-market as Q2 net interest income falls
Friday 12 Jul 2024
(Sharecast News) - Banking giant Wells Fargo revealed on Friday that Q2 net interest income was almost down double-digits year-on-year. Read More
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JP Morgan reports big jump in Q2 revenues and profit, but cautions on tail risks
Friday 12 Jul 2024
(Sharecast News) - JP Morgan posted big increases on both its top and bottom lines, even as its boss continued to call attention to the potential risks on the horizon. Read More
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US pre-open: Stocks little changed as traders await bank earnings
Friday 12 Jul 2024
(Sharecast News) - Wall Street futures were little changed ahead of the bell on Thursday ahead of more key inflation data and a number of earnings from major US banks. Read More
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Months of AT&T call records exposed in data breach
Friday 12 Jul 2024
(Sharecast News) - American telecoms giant AT&T revealed on Friday that the call and text logs of its customers were hacked between May and October 2022, and said that at least one person has been arr... Read More
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Norwegian Air shares jump as airline swings to Q2 profit
Friday 12 Jul 2024
(Sharecast News) - Shares in Norwegian Air surged on Friday after the carrier swung to a profit in the second quarter on the back of strong passenger growth and an improved cost performance. Read More
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Rio Tinto eyeing up possible mega deal - report
Friday 12 Jul 2024
(Sharecast News) - Blue chip miner Rio Tinto is understood to be eyeing up a list of possible takeover targets, it was reported on Friday, including Canada's Teck Resources. Read More
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Asia report: Markets up on US data; Yen in focus on BoJ speculation
Friday 12 Jul 2024
(Sharecast News) - Asian share markets closed largely higher as a fall in US inflation boosted hopes of a rate cut in September by the Federal Reserve, but Japanese stocks fell sharply on speculation ... Read More
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Ericsson warns of 'challenging' conditions, but Q2 profits beat forecasts
Friday 12 Jul 2024
(Sharecast News) - Swedish telecoms giant Ericsson reported a decline in sales in its second quarter and warned that market conditions would remain "challenging" for the rest of the year, but still ma... Read More
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SoftBank snaps up UK chipmaker Graphcore
Friday 12 Jul 2024
(Sharecast News) - SoftBank Group has snapped up UK start-up Graphcore, it was confirmed on Friday, as the Japanese tech giant continues to expand into artificial intelligence. Read More
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US close: Stocks end mixed despite inflation slowdown, Daly comments
Thursday 11 Jul 2024
(Sharecast News) - US stocks finished mixed on Thursday, with the Dow edging higher but the S&P 500 and Nasdaq sinking sharply back from record highs, despite rising hopes that the Federal Reserve may... Read More
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Europe close: Stoxx 600 hits one-month high as data lifts the mood
Thursday 11 Jul 2024
(Sharecast News) - European stocks closed at their highest levels in a month on Thursday as improving economic data lifted sentiment across the continent. Read More
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Bain Capital to buy Envestnet in $4.5bn deal
Thursday 11 Jul 2024
(Sharecast News) - Envestnet said on Thursday that it has agreed to be bought by Bain Capital in a $4.5bn deal. Read More
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US open: Markets rangebound but rate-cut hopes rise after CPI data
Thursday 11 Jul 2024
(Sharecast News) - US stocks opened broadly flat on Thursday, with futures erasing earlier losses, as investors digested better-than-expected inflation and labour-market data and pondered over how th... Read More
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US jobless claims fall more than forecast to five-week low
Thursday 11 Jul 2024
(Sharecast News) - US jobless claims fell more than forecast last week, with the four-week moving average pulling back for the first time in five weeks. Read More
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US inflation drops to 12-month low in June
Thursday 11 Jul 2024
(Sharecast News) - US inflation dropped to its lowest level in a year in June, tying the smallest rate of price growth since early 2021, according to figures released on Thursday from the Department o... Read More
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PepsiCo profits top expectations, revenue misses slightly
Thursday 11 Jul 2024
(Sharecast News) - PepsiCo has reported a significant increase in its second-quarter profits on Thursday, surpassing Wall Street expectations despite a continuous decline in consumer demand for its sn... Read More
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BHP suspending Western Australia nickel operations
Thursday 11 Jul 2024
(Sharecast News) - BHP announced the suspension of its Nickel West operations and the West Musgrave project in Western Australia on Thursday, starting from October. Read More
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Apple and Brussels settle antitrust dispute over 'tap and go'
Thursday 11 Jul 2024
(Sharecast News) - The European Commission has approved Apple's plans to open up its contactless payments system to rivals, it was announced on Thursday, drawing a line under a long-running antitrust ... Read More
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US pre-open: Futures dip before inflation data
Thursday 11 Jul 2024
(Sharecast News) - US stock futures were pointing to a negative start on Wall Street on Thursday ahead of the release of June's consumer price index, which is expected to show a slight slowdown in inf... Read More
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Asia report: Markets join global rally as BoK holds rates
Thursday 11 Jul 2024
(Sharecast News) - Asia-Pacific markets experienced a strong rally on Thursday, driven by optimism over potential Federal Reserve rate cuts and the positive performance of US big tech stocks overnight... Read More
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