Microsoft shares down amid capex and cloud growth concerns
Microsoft enjoys an A.I. boom but there are concerns over capex and a slowing cloud division which pulls the share price lower in extended trade. Meta posts a top and bottom line beat but shares also ...
31 Okt 202426min
UBS reports $1.4bn profit in Q3
UBS posts $1.4bn in Q3 net profit as the lender accelerated the integration of former rival Credit Suisse. Standard Chartered almost doubles its quarterly pre-tax profit which prompts the London-based...
30 Okt 202426min
Novartis hikes FY forecast after Q3 profit beat
Novartis posts Q3 earnings with 10 per cent sales growth and 20 per cent core income growth. The drug maker has also hiked its FY guidance. HSBC sees Q3 profits jump by 10 per cent. The lender has als...
29 Okt 202425min
Ruling LDP loses majority in Japan
The ruling LDP in Japan loses its parliamentary majority in its worst defeat more than a decade. The yen slumps to a three-month low as a result. We hear from German finance minister Christian Lindner...
28 Okt 202427min
Record surge in Tesla stock
Tesla shares rocket by 21.9 percent – the company’s largest one-day gain in more than a decade – as U.S. markets hope to avoid their first negative week in six. The IMF warns that the growth gap betwe...
25 Okt 202423min
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...
24 Okt 202423min
IMF hikes U.S. FY outlook
The IMF hikes its U.S. forecast for 2024 but Germany weighs on the European outlook. The IMF’s Director of the Monetary and Capital Markets department, Tobias Adrian tells CNBC there are reasons for o...
23 Okt 202422min
Big Tech rallies late on
A late rally from Big Tech stocks pushes the Nasdaq to the brink of a fresh record high as earnings season begins in earnest. German computing giant SAP hikes its FY guidance following a top and botto...
22 Okt 202425min
