Ryanair reported first-quarter earnings that missed analyst expectations, as lower ticket prices and higher fuel costs weighed on profitability despite continued growth in passenger traffic.The low-cost airline posted a 34% year-on-year decline in after-tax profit for the April to June quarter, with earnings falling to €538 million ($615.3 million) from…
The FTSE 100 Index has held steady in the past few days, reaching its highest point since July 8. It has jumped by nearly 10% from its lowest point in March this year. This article highlights some of the top catalysts for the Footsie Index this week.FTSE 100 Index to…
European shares traded lower on Monday as escalating tensions between the United States and Iran pushed oil prices higher, raising concerns about inflation ahead of another corporate earnings season.Investors also turned their attention to upcoming earnings from major US technology companies and the European Central Bank’s policy meeting later this…
QuantumScape stock (NASDAQ: QS) faces a potentially sharp earnings reaction on Wednesday as investors test whether the solid-state battery developer can turn technical progress into a credible manufacturing and commercialisation plan.Options traders are pricing a move of roughly 12% to 15% in either direction after the second-quarter report, reflecting the…
Chinese artificial intelligence startup Moonshot AI has temporarily paused new consumer subscriptions after overwhelming demand for its recently launched Kimi K3 model stretched its computing capacity.The move comes as the company seeks fresh funding and prepares for a potential initial public offering (IPO) in Hong Kong.Two people familiar with the…
Micron and SanDisk shares rebounded in the early premarket trading on Monday after a bruising semiconductor sell-off forced investors to reassess one of the most crowded parts of the artificial intelligence trade.At 5:45 am ET, Micron (NASDAQ: MU) was up more than 3%, while SanDisk (NASDAQ: SNDK) had gained about…
US stock futures edged higher on Monday as investors attempted to stabilise markets after last week’s semiconductor-led retreat, with a packed technology earnings calendar set to determine whether the AI rally still has room to run.Dow, S&P 500 and Nasdaq 100 contracts posted modest gains in early New York trading,…
Tesla stock dropped to a crucial support level on Friday as traders waited for the upcoming earnings. It also retreated as Xpeng, a top Chinese rival, hinted that it was about to launch a new Model Y killer. TSLA dropped to $380, down by over 23% from its highest point…
The S&P 500 Index remains under pressure this month, and this week’s events will determine whether it will bounce back. It was trading at 7,457 points, down by 2.10% from its highest point this year. This article highlights some of the key catalysts that will drive the SPX and VOO…
The Nikkei 225 Index continued its freefall as technology companies like SoftBank, Tokyo Electron, Kioxia, and Advantest plunged ahead of the upcoming big-tech earnings. It plunged by over 4% on Friday, reaching its lowest level since June 11, with the markets being closed today for Marine Day.Japan stocks plunge as…