Tesla surprises with Q3 profit beat

Tesla surprises with Q3 profit beat

Tesla share surge in extended trade after the EV maker posted a better-than-expected earnings beat in Q3. CEO Elon Musk says the company’s sales targets of 20-30 per cent are achievable next year. The U.S. Treasury yield hits a three-month high and the dollar rallies as jitters over fiscal spending and the U.S. election surface. IMF First Deputy MD Gita Gopinath tells CNBC the macro environment is beginning to stabilise. South Korean semi-conductor supplier SK Hynix notches a record quarterly profit and shrugs off fears of an A.I. supply glut. French luxury giant Kering slashes its FY operating profit outlook by half after sales at Gucci continue to slump.

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Jaksot(1824)

U.S. nonfarm payroll data in focus

U.S. nonfarm payroll data in focus

Futures stretch into the green on both sides of the Atlantic as investors await a crucial U.S. non-farm payrolls print with the White House aiming to temper expectations. Dutch brewing giant Heineken ...

11 Helmi 27min

Tech rebound lifts Wall Street

Tech rebound lifts Wall Street

Wall Street rebounded during Monday’s session with strong performances from tech giants Oracle, Broadcomm and Nvidia. Asian equities have followed suit but Europe is set to open flat. Embattled UK Pri...

10 Helmi 29min

 Japan's Takaichi bets big and secures landslide super-majority

Japan's Takaichi bets big and secures landslide super-majority

Japanese Prime Minister Sanae Takaichi secures a snap election landslide to pave the way for major fiscal spending. Her decisive victory pushed the Nikkei beyond the 57,000-mark for the first time and...

9 Helmi 28min

U.S. tech sell-off stretches to third day

U.S. tech sell-off stretches to third day

The tech rout Stateside looks set to continue into a third day with giants such as Oracle, Palantir and Salesforce all suffering double-digit losses for the week. The gloom is contagious in the crypto...

6 Helmi 27min

Nasdaq sinks for second day as AI jitters prompt massive tech sell-off

Nasdaq sinks for second day as AI jitters prompt massive tech sell-off

The Nasdaq suffers back-to-back losses of more than 1 per cent for the first time since April following a massive tech sell-off that sees almost $1tn wiped from tech stocks as A.I. related concerns re...

5 Helmi 28min

European corporate earnings in full swing

European corporate earnings in full swing

UBS posts quarterly profit of $1.2bn and hikes its dividend by 22 per cent and reaffirms its forecasts for the year. The Swiss lender says it is on track to fully integrate Credit Suisse later this ye...

4 Helmi 26min

KOSPI and Nikkei lead global market recovery

KOSPI and Nikkei lead global market recovery

Global equity markets bounce back with South Korea’s KOSPI notching its best session in almost six years and the Nikkei closing at a record high. Metals prices also stabilise and claw back some of the...

3 Helmi 29min

Metal prices continue last week's rout

Metal prices continue last week's rout

Gold and silver spot prices continue to plunge following Friday’s rout which saw the worst one-day decline since 1980 as investors digest President Trump’s decision to nominate Kevin Warsh as Federal ...

2 Helmi 26min

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