Analysis-Fed decoupling boosts emerging market stocks, cools currencies
(Reuters) – Investors are eyeing gains in emerging markets stocks and a cooling of their currencies amid an unprecedented global…
Italy seeks deal by end of year with Stellantis on car industry plan
(Reuters) – The Italian government aims to agree a broad plan to 2030 for its national automotive industry with carmaker…
India stocks lower at close of trade; Nifty 50 down 0.13%
India stocks were lower after the close on Tuesday, as losses in the Metals, Green Energy and Power sectors led…
Disney creates task force to explore AI and cut costs -sources
(Reuters) – Walt Disney (NYSE:DIS) has created a task force to study artificial intelligence and how it can be applied…
AMC sees ‘explosive start’ to third quarter on ‘Barbenheimer’ frenzy
(Reuters) – Movie theater chain AMC Entertainment (NYSE:AMC) Holdings said the current quarter was off to a strong start driven…
Global stocks fall, dollar rallies as weak China data disappoints
(Reuters) – Global stocks fell on Tuesday and the dollar climbed as investors assessed the latest weak economic data out…
Barrick beats quarterly profit estimates on higher gold prices
(Reuters) – Barrick Gold Corp beat analysts’ expectations for second-quarter profit on Tuesday, as the Canadian gold miner benefited from…
Duke Energy earnings missed by $0.13, revenue topped estimates
Duke Energy (NYSE: DUK) reported second quarter EPS of $0.91, $0.13 worse than the analyst estimate of $1.04. Revenue for…
Dow futures retreat; corporate earnings still in spotlight
U.S. stock futures weakened Tuesday, handing back some of the previous session’s strong gains as investors awaited the release of…
SoftBank reports mixed quarter, says ‘timidly’ restarting investment
(Reuters) – Japan’s SoftBank Group posted a surprise loss but said it was dipping its toes back into new investments…