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…

Dow futures edge higher; Fed minutes in the spotlight

U.S. stock futures edged higher Wednesday, rebounding after the previous session’s sharp losses ahead of the release of minutes from…

Lahaina wildfire insured property loss to be about $3.2 billion – KCC

(Reuters) – Insured property losses from the wildfire that ravaged the resort town of Lahaina in Hawaii last week are…

Tower Semiconductor falls 11% as Intel terminates $5.4 billion acquisition

Shares in Tower Semiconductor (NASDAQ:TSEM) plunged over 11% in pre-market Wednesday after Intel Corporation (NASDAQ:INTC) confirmed it has mutually agreed…