Markets – Page 3

Australian shares set for worst week in two months US debt deal in focus

May 26, 2023

Australian shares were flat on Friday, on track to post their worst weekly drop in more than two months, while investors assessed the prospects of the US debt ceiling issue…

Japans Nikkei jumps 1 as chip stocks bask in Nvidia afterglow

May 26, 2023

TOKYO: Japan’s Nikkei share average rose 1% on Friday, powered by gains for chip stocks as US peer Nvidia’s strong earnings and subsequent share surge continued to the lift the…

Shanghai stocks open slightly lower

May 26, 2023

SHANGHAI: Chinese markets opened with small losses Friday morning as traders fret over the outlook for the country’s still-struggling economy while keeping tabs on developments in US debt ceiling talks.…

Meta Employees Hopeful Mass Layoffs Are Over As Business Roles Are Slashed

Q.ai - Pow...May 25, 2023

As Zuckerberg’s so-called ‘year of efficiency’ continues, Wall Street will now want to see that the layoffs have made a difference in the following earnings report.

Whats Happening With ClevelandCliffs Stock

Trefis Tea...May 25, 2023

Cleveland-Cliffs, a vertically integrated steel mill operator, has seen its stock decline by 8% year-to-date.

What To Expect From Medtronics Q4

Trefis Tea...May 24, 2023

We expect Medtronic stock to trade sideways post-Q4 results announcement, with its revenues and earnings expected to align with the street estimates.

Cryptocurrencies dip as US debt ceiling worries grip global markets

Frank Chap...May 24, 2023

Bitcoin and other crypto assets were trading lower early Wednesday morning, as debt ceiling negotiations in the U.S. continue to drag on. The post Cryptocurrencies dip as US debt ceiling…

Most Asian currencies rise as US debt ceiling fears abate

May 18, 2023

The South Korean won led gains among Asian currencies on Thursday, as global risk sentiment improved on optismism that a deal would be reached in Washington to raise the debt…

Wheat falls for third session as Black Sea export deal extended

May 18, 2023

SINGAPORE: Chicago wheat futures lost more ground on Thursday, as an extension of a deal to allow war-ravaged Ukraine to continue exporting grains eased concerns over world supplies. Corn slid…