DLocal Limited jumps on earnings beat, appoints former Mercado Libre CFO as new co-CEO
DLocal Ltd (NASDAQ:DLO) shares are surging again on Wednesday after the company reported results for its latest quarter and announced…
Hyundai to purchase GM’s India plant as American OEM prepares market exit
Hyundai Motor (KS:005380) is set to acquire General Motors’ (NYSE:GM) Talegaon plant located in the western state of Maharashtra. This…
Schumer: Government funding resolution agreement with McCarthy is ‘good sign’
(Reuters) – U.S. Senate Majority Leader Chuck Schumer on Wednesday said he met with House Speaker Kevin McCarthy a few…
Tesla cuts prices in China for second time in three days as price war fears mount
Tesla (NASDAQ:TSLA) has announced its second price cut in China in three days, further fueling worries of a potential price…
TJ Maxx parent lifts annual profit forecast on robust off-price demand
TJX (NYSE:TJX) Cos on Wednesday raised its annual profit forecast, buoyed by demand for its discounted apparel and accessories as…
Buffett-backed Nubank gains on solid Q2 numbers
Nubank (NYSE:NU) shares rose in pre-market Wednesday after the company posted a solid set of results and earned positive analyst…
Futures muted ahead of Fed meeting minutes; Target jumps
(Reuters) – U.S. stock index futures were muted on Wednesday ahead of minutes from the Federal Reserve’s July policy meeting…
CAVA surges 8% on Q2 beat; analysts bulled-up
CAVA Group (NYSE:CAVA) shares jumped 8% in premarket Wednesday following the company’s Q2 results. EPS of $0.21 came in better…
Hedge funds dump Chinese stocks aggressively as growth outlook dims
(Reuters) – Global hedge funds are “aggressively” selling Chinese stocks amid heightened concerns over the country’s property sector and a…
Iraq set in ‘battle’ against dollar smugglers, central bank governor says
(Reuters) – Iraq has made strides implementing U.S. dollar supply restrictions targeting Iran but faces an uphill battle with a…