Shares in Nissan Motor Co. slumped about 6% on Tuesday after Mercedes-Benz announced plans to sell off its roughly $346 million stake in the Japanese automaker, adding fresh pressure on a company already grappling with steep losses and declining sales.At 2 pm in Tokyo, the shares were down by 5.98%…
Papa John’s International is set to make a comeback in India this October, nearly eight years after it shut down operations in the country following years of underperformance. The US pizza chain, the world’s third-largest in the delivery business, plans to open 650 stores nationwide over the next decade, according…
A political shockwave emanating from Washington is set to send European markets tumbling at the open on Tuesday, as investors grapple with an unprecedented assault on the independence of the US Federal Reserve. President Donald Trump’s abrupt firing of a central bank governor has injected a potent dose of instability…
Bunzl shares climbed on Tuesday after the distribution-and-outsourcing group delivered steady half-year results, reassured investors with its 2025 guidance, and announced the resumption of its suspended share buyback program.The stock rose by more than 5.3% to about 2,512 pence in opening London trade, making it the top performer on the…
The Federal Reserve is edging closer to another rate cutting cycle. The last time the benchmark interest rate was reduced was in December 2024.After two years of fighting inflation with aggressive hikes, Chair Jerome Powell indicated in Jackson Hole that the “balance of risks” is changing.Inflation risks are still there,…
Wood Group has moved a step nearer to leaving the London Stock Exchange after its board indicated it was minded to accept a reduced takeover offer from Dubai-based engineering group Sidara.The FTSE 250 oil services company said on Tuesday that Sidara, which had originally offered 35p a share in April,…
Okta stock price has crashed into a bear market after falling by 27% from its highest level this year. It was trading at $92 on Friday, and has formed the highly bearish death cross pattern, pointing to more downside. Okta earnings previewOkta, a top player in the cybersecurity space, has plunged…
Box stock price has crashed in the past few months, erasing the gains it made after the last financial results. After soaring to a record high of $38.7 in March after its first quarter results, BOX share price plunged by 17.8% to the current $31.80. Box earnings aheadBox is a technology…
AMC stock price has stabilized in the past few weeks as the company published strong financial results. It was trading at $2.95, up by 20% from its lowest level this year. This article explains why the AMC share price could continue rising this year.AMC business is doing relatively wellOne of…
The recent successful IPOs of popular companies like Bullish (BLSH), Circle (CRCL), and CoreWeave (CRWV) has pushed investors to look for the next big company to go public, which explains why the Anduril stock has been trending on Google. This article writes about Anduril’s IPO and whether it is possible to…