Nike heads into its fiscal fourth-quarter earnings report this week with expectations at multi-year lows, as investors look for evidence that the sportswear giant can revive growth after years of slowing sales, market share losses and mounting competitive pressure.The company is due to report results on Tuesday afternoon, with analysts…
Digital Realty stock (NYSE: DLR) fell about 5% in premarket trading on Tuesday after the data-centre landlord announced a $3.5 billion deal to buy out Blackstone’s interests in three Northern Virginia assets.At first glance, the reaction looks expected as the transaction is large, part-funded with stock, and comes after several…
The UK’s benchmark FTSE 100 index edged higher on Tuesday, supported by gains in industrial mining, and financial stocks, as investor sentiment improved on optimism surrounding a ceasefire in the Middle East.The blue-chip index was also on course to register its sixth consecutive quarterly gain.By 0904 GMT, the internationally focused…
Bank lending to eurozone companies expanded at its fastest pace in three years during May, according to data released by the European Central Bank (ECB) on Monday.The figures indicate that credit growth continued to strengthen across both businesses and households, while the region’s money supply also expanded at a faster…
Britain’s economy grew by 0.6% during the January-to-March quarter of 2026, in line with expectations, according to figures released by the Office for National Statistics (ONS).The latest estimates showed that growth was supported by gains across all major sectors of the economy, with services making the largest contribution.The ONS estimated…
Corn price dropped lower on Monday to its lowest level in close to 10 months as favorable growing conditions and lower crude oil prices weigh on the market. Notably, it has been in the red for the past six consecutive weeks. Despite the expected corrective rebound, the bears are set…
Platinum price made subtle price movements on Monday as the US dollar steadied ahead of the US jobs data. Late last week, the greenback erased most of the week’s gains as geopolitical uncertainties continue to impact the financial market. While the US dollar easing has yielded a slight recovery for…
Rocket Lab (NASDAQ: RKLB) stock price has suffered a major reversal in the past few weeks, moving from the year-to-date high of $151 on May 27 to $84. This retreat continued even after the company landed a new NASA contract last week. So, is it safe to buy the dip…
Top software stocks have slumped this year amid the lingering concerns that artificial intelligence tools by companies like OpenAI and Anthropic will hurt their revenue growth in the long term. ServiceNow (NOW) stock is down by 35% this year, while Salesforce (CRM), Workday (WDAY), and Adobe (ADBE) have fallen by…
The Schwab US Dividend Equity ETF (SCHD) has performed well this year despite trading within a tight range over the past few weeks. Its total return has risen 19% year-to-date, outperforming Invesco’s QQQ, which has returned 15.2%, as well as JPMorgan’s JEPI at 7.0% and Vanguard’s VOO at 7.53%.SCHD ETF…