Markets Archives - Page 60 of 109

Novo Nordisk and Eli Lilly shares slide on new obesity drug trial from Roche

A photo showing the logo of Swiss pharmaceutical giant Roche in Basel.SEBASTIEN BOZON | AFP | Getty ImagesNovo Nordisk and Eli Lilly shares...

Global chip stocks from Nvidia to ASML fall on geopolitics, Trump comments

President Joe Biden and his Chinese counterpart Xi Jinping are expected to meet on the sidelines of the Asia-Pacific Economic Cooperation summit in...

British pound breaches $1.3 for the first time in a year as Labour seen ushering in stability

LONDON — The British pound on Wednesday broke above the $1.3 level against the U.S. dollar for the first time in a year,...

Adidas shares rise 5% after hiking 2024 guidance

A Samba shoe on Oct. 12, 2023, in Berlin, Germany. Thomas Trutschel | Photothek | Getty ImagesShares in Adidas rose on Wednesday after the...

UK inflation holds steady at Bank of England’s 2% target, above expectations

Alexander Spatari | Moment | Getty ImagesU.K. inflation held steady at the Bank of England's 2% target in June, Official National Statistics data...

HSBC appoints Georges Elhedery as group CEO starting Sept. 2

HSBC logo is displayed outside a branch of in the United Kingdom.Matt Cardy | Getty ImagesHSBC announced on Wednesday that it has appointed...

Gold prices extend gains to hit new record on Fed rate cut optimism

One kilogram gold bullion at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Bloomberg | Bloomberg | Getty...

Asia-Pacific markets set to mostly rise after Dow and S&P 500 notch all-time highs

Cherry trees in bloom near the Nippon Budokan in Tokyo, Japan, on Sunday, April 7, 2024. Bloomberg | Bloomberg | Getty ImagesMost Asia-Pacific markets...

Trump says he would let Fed Chair Powell finish his term if he wins in November, Bloomberg reports

Republican presidential nominee and former U.S. President Donald Trump raises his fist during Day 1 of the Republican National Convention (RNC) at the...

Spirit Airlines forecasts bigger quarterly loss as revenue falls short of expectations

A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024.Brandon Bell...

IMF sees ‘bumps’ in path to lower inflation

The International Monetary Fund warned Tuesday that upside risks to inflation have increased, calling into question the prospect of multiple Federal Reserve interest...

We’re hiking our price target on Morgan Stanley despite a miss in a key business

Morgan Stanley on Tuesday reported second-quarter results that largely exceeded Wall Street expectations — though weakness in one key segment warrants closer monitoring...

Gold heads for record high close on view that Fed is poised to cut rates

An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Chalinee Thirasupa...

Traders see the odds of a Fed rate cut by September at 100%

Federal Reserve Bank Chair Jerome Powell speaks during a House Financial Services Committee hearing on the Federal Reserve's Semi-Annual Monetary Policy Report at...

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