Intel scraps $5.4 billion Tower deal after China review delay
(Reuters) – Intel Corp scrapped its $5.4 billion deal to buy Israeli contract chipmaker Tower Semiconductor (NASDAQ:TSEM) Ltd after their…
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…
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…
India stocks higher at close of trade; Nifty 50 up 0.16%
India stocks were higher after the close on Wednesday, as gains in the Real Estate, Power and IT sectors led…