pawel.gaul Japan (NKY:IND) -0.08%, and broader Topix both nudged up to record levels, before retreating slightly. The index of coincident economic indicators in Japan, which covers a range of data, such as factory output, employment, and retail sales, rose to 116.5 in May 2024. China (SHCOMP) -0.22% with mainland stocksContinue Reading
Adobe (NASDAQ:ADBE) shares continued gains for seven straight sessions, as the stock closed 0.4% up at $570 on Wednesday, its highest since March this year. The Photoshop maker gained nearly 8% in the preceding six sessions. The stock has lost about 5% so far this year, compared to the nearlyContinue Reading
Tesla (NASDAQ:TSLA) shares continued gains for seven straight sessions, as the stock rose 6.1% to $245.4. The Elon Musk-owned company gained more than 26% in the preceding six sessions. The stock was down 1.2% since the start of the year. The company closed 10% higher on Tuesday and touched itsContinue Reading
Sean Gallup/Getty Images News Hennes & Mauritz (OTCPK:HNNMY) traded higher in Sweden after Deutsche Bank upgraded the apparel giant to a Buy rating after having it set at sell. Anayst Adam Cochrane said the potential for structural improvement at H&M (OTCPK:HNNMY) is not being fully recognized by the market. “CreditContinue Reading
chachamal Asia-Pacific equity markets mostly rose on Wednesday, tracking gains on Wall Street overnight, as major US technology stocks pushed the S&P 500 and Nasdaq Composite to new record closes. Japan (NKY:IND) +1.26%. Japan’s PMI was revised lower to 49.4 in June from preliminary data. China (SHCOMP) -0.49%. A privateContinue Reading
photobyphotoboy/iStock via Getty Images Burford Capital (NYSE:BUR) rose 3.6% amid news that Sundance Resources announced a conditional settlement with the Republic of Congo before the International Court of Arbitration, according to a Jefferies analyst. The terms are confidential, though the original claim is for over $8.5 billion. Burford (BUR) hasContinue Reading
Shares of Costco Wholesale Corporation (NASDAQ:COST) were trading more than 1% higher as an analyst note from Stifel noted the company’s increased market share in both the grocery and gas categories, accompanied by a 6% hike in its price target. According to Stifel’s data, Costco (COST) and Amazon (AMZN) currentlyContinue Reading
tzahiV/iStock via Getty Images Six Flags Entertainment Corporation (NYSE:FUN) rose 4.5% on its first day of trading after the merger of equals between the old Six Flags Entertainment and Cedar Fair became final. Each park in the combined company’s portfolio will retain their legacy branding, with no changes to parkContinue Reading
JHVEPhoto Adobe (NASDAQ:ADBE) rose more than 1% on Tuesday as Deutsche Bank added the creative software maker to its Fresh Money list, citing its recent better-than-expected quarterly results. “Creative Cloud Net New [annual recurring revenue] is expected to grow in [the second-half] following two quarters of declines, with pricing headwindsContinue Reading
da-kuk/E+ via Getty Images London (UKX) -0.70% Germany (DAX:IND) -0.79% France (CAC:IND) -1.06% wiping previous session gains. The number of people registering as jobless in Spain decreased by 46,783, or 1.8%, over a month in June 2024. The annual inflation rate in Austria is expected to ease to 3% inContinue Reading
