Couchbase sinks 15% on ‘conservative’ guidance; analysts disagree with market reaction
Couchbase (NASDAQ:BASE) shares dropped 15% as the company’s guidance trailed analyst estimates. However, analysts at Barclays believe the guidance offered…
Eneco will use Tesla battery packs to build a 50 MW storage plant in Belgium
Dutch energy company Eneco revealed Wednesday that it is planning to build a 50 megawatt (MW) battery energy storage project…
Apple ‘playing chess, while others play checkers,’ say Wedbush analysts
The Apple (NASDAQ:AAPL) price target was raised to $220 from $205 at Wedbush on Wednesday, with analysts maintaining an Outperform…
United Natural Foods cuts its forecast after FQ3 earnings miss; shares crash 25%
United Natural Foods (NYSE:UNFI) shares traded as much as 27% lower in premarket Wednesday after the wholesale distributor of natural…
European stocks edge lower on global economic concerns
European stock markets retreated Wednesday, as investors digested worsening economic conditions ahead of next week’s key central bank meetings. At…
Oil extends losses as economic slowdown concerns return
(Reuters) – Oil fell for a second day on Wednesday as concerns over global economic headwinds deepened, erasing the price…
Marketmind: China disappoints again, fanning speculation on stimulus
A look at the day ahead in European and global markets from Sonali Desai China’s keenly awaited trade data for…
Zara-owner Inditex enjoys strong start to summer
(Reuters) – Zara owner Inditex (BME:ITX) said on Wednesday sales of its spring-summer collection jumped by 16% over the past…
Spanish stocks outperform as Inditex jumps
(Reuters) – Spanish stocks rose on Wednesday after Zara-owner Inditex (BME:ITX)’s strong quarterly showing, while its European peers lagged as…
U.S. stock market treads on risky greed: Fear & Greed Index in dangerous territory
The pulsating heartbeats of stock traders can be heard in the turbulent U.S. stock markets, as CNN Money’s Fear &…