German lawmaker proposes Bitcoin as legal tender, emphasizing privacy
In a notable development within the German parliament, Bundestag member Joana Cotar has put forward a pioneering proposal that could…
Goldman Sachs sees gains for China indexes in 2024, optimistic on A-shares
Goldman Sachs has projected a bullish outlook for China’s stock market in 2024, with anticipated gains of 12% for the…
Analysis-Big investors say US markets rally could prove short-lived
(Reuters) – The recent rally that has lifted U.S. stocks and bonds is more of a year-end rebound than a…
Seoul stock exchange declines amid inflation fears and Nvidia’s poor performance
The Seoul stock exchange faced a downturn today, as the KOSPI index fell to 2,496.50 in early trading, reflecting broader…
Deere forecasts downbeat profit as high borrowing costs pinch demand
(Reuters) – Farm equipment maker Deere (NYSE:DE) & Co forecast 2024 profit below analysts’ expectations on Wednesday as high borrowing…
Dow futures edge higher, Nvidia warns of slowing Chinese sales
U.S. stock futures traded marginally higher Wednesday, rebounding after relatively hawkish minutes from the Federal Reserve and a warning from…
Factbox-Global economy to slow down but likely avoid recession in 2024
(Reuters) -Some of the major banks in the world expect global economic growth to ease further in 2024, squeezed by…
Autodesk stock drops 6% on soft guidance, analyst downgrade
Autodesk (NASDAQ:ADSK) shares fell nearly 6% in pre-market Wednesday following the reported Q3 results, with EPS of $2.07 coming in…
Earnings call: Nordstrom posts Q3 2023 earnings, focuses on Rack performance and supply chain
Nordstrom Inc . (NYSE:JWN) reported Q3 2023 earnings, highlighting improved performance of Nordstrom Rack, better inventory management, and optimized supply…
Earnings call: Hibbett’s Q3 earnings highlight strong Back-to-School season and new Nike partnership
Sporting goods retailer Hibbett (NASDAQ:HIBB) reported solid financial and operational performance in its Q3 earnings call, buoyed by a strong…