The Palantir stock price continued soaring after it published strong financial results. PLTR shares jumped by 4.5% to a record high, bringing its market capitalization to over $380 billion. It has jumped 550% in the last 12 months, making it one of the best-performing companies. Palantir business is firing on all…
AMD stock price crashed by over 6% in the extended hours after the blue-chip semiconductor company published mixed second-quarter results. It dropped to $163.25, down by nearly 10% from its highest point this month.AMD earnings takeawayAMD, the giant semiconductor company, had a strong performance in the second quarter as analysts…
Ageing coal and gas-fired power plants across Europe are being eyed by major tech companies like Microsoft and Amazon for a high-tech transformation. These companies plan to repurpose the plants as data centers, leveraging their existing infrastructure for power and water access, Reuters said in a report.European energy companies, including France’s…
Rheinmetall share price remained in a tight range today, August 5, as investors waited for its financial results. RHM was trading at €1,765, a few points above this week’s low of €1,662. This article explores why the stock may surge after its financial results.Rheinmetall share price technical analysisThe daily chart…
BP on Tuesday reported a stronger-than-expected second-quarter profit of $2.35 billion, exceeding analysts’ projections and highlighting a return to form amid ongoing global energy price volatility. The figure, based on BP’s preferred measure of underlying replacement cost profit, topped the $1.81 billion consensus forecast compiled by LSEG and marked a…
European stock markets started Tuesday’s session on a positive note, with major indices advancing as investors shifted their focus from last week’s tariff updates to a busy calendar of corporate earnings. A stronger-than-expected profit report from oil giant BP provided a significant boost to market sentiment, helping the regional Stoxx…
Siemens share price will be in the spotlight this week as the second-biggest company in Germany publishes its financial results. SIE stock was trading at €220 on Tuesday, where it has remained at in the past few weeks. It is about 35% above the lowest point in April. Siemens earnings aheadThe…
Private equity giant KKR has increased its bid for British scientific instruments maker Spectris to approximately £4.2 billion ($5.58 billion), intensifying a takeover battle with rival Advent International. The revised offer, which values Spectris shares at £41.75 each including a 28 pence interim dividend for fiscal 2025, is 1.8% higher…
Diageo, the world’s largest spirits company, on Tuesday posted a stronger-than-expected profit for the fiscal year ended June 2025, sending its shares up over 6% in early London trading.The British beverage group also forecast flat full-year sales for its 2026 financial year, helping calm investor nerves following months of uncertainty…
On Tuesday, Japan experienced its highest-ever temperature, reaching 41.8 degrees Celsius (107.2 degrees Fahrenheit). In response, the government recommended that residents remain indoors and pledged measures to mitigate weather-related damage to rice crops, according to a Reuters report.The country’s meteorological agency reported that Isesaki, an eastern city in Gunma prefecture, recorded…