Latest News - Page 8 of 13

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KEY TAKEWAYS U.S. equities sank at midday Wednesday as tech stocks tumbled in the wake of disappointing earnings reports. Tesla shares plunged after the electric vehicle maker missed earnings estimates…

ByPexeco 2 minRead time

23

Jul 2024

Stocks

Shares of German tech giant SAP soar after upbeat Q2 2024 results

SAP's Q2 2024 results show a 10% revenue increase to €8.29 billion, driven by a 25% rise in cloud revenue. Shares opened 5% higher, hitting record highs. SAP SE unveiled…

ByPexeco 3 minRead time

22

Jul 2024

Stocks

Ryanair Alerts to Potential Dip in Summer Fares Amidst Declining Profits

Ryanair was one of the many airlines impacted during the recent Microsoft outage that led to several flight cancellations and airport issues on 19 July. SRyanair's first quarter results for…

ByPexeco 4 minRead time

21

Jul 2024

News

Markets recap: Sharp retreat amid global tech wreck

Major global stock markets head for a negative close for the week as blue chips fell amid sector rotations, while the semiconductor stocks were hit by expectations of the US…

ByPexeco 6 minRead time

20

Jul 2024

Stocks

Tesla Approaches Highest Share Price of 2024 as Analysts Raise Price Targets

KEY TAKEWAYS Tesla shares surged again Wednesday as analysts raised price targets for the stock after second-quarter deliveries beat expectations. Tesla shares are approaching their highest point of the year,…

ByPexeco 3 minRead time

19

Jul 2024

Stocks

CrowdStrike Stock Plunges, Rivals Jump, as Update ‘Defect’ Causes Microsoft Outage

KEY TAKEWAYS CrowdStrike shares plunged in premarket trading Friday, while those of its rivals surged, after the cybersecurity firm said an update "defect" caused Microsoft's cloud services outage. The outage…

ByPexeco 2 minRead time

18

Jul 2024

Banks

Deutsche Bank: An Overview

Once dubbed the "most dangerous bank in the world" by the IMF, Deutsche Bank's journey from its controversial past to its ambitious future offers a riveting narrative of resilience and…

ByPexeco 10 minRead time

17

Jul 2024

Stocks

BYD may overtake Tesla to become the biggest EV seller in Europe

The Chinese carmaker BYD reported record sales in the second quarter, likely overtaking Tesla to become the biggest electric car seller globally, particularly in Europe and China. The largest Chinese…

ByPexeco 5 minRead time

16

Jul 2024

Finance News

Air France set for €180 million hit as tourists avoid Paris Olympics

Tourists are being put off by the idea of large crowds and hotel price hikes expected in Paris during the 2024 Olympics. Air France, France's national carrier is preparing itself…

ByPexeco 4 minRead time

15

Jul 2024

Finance News

Eurozone private sector expands in June

Euro area private sector activity grew in June, surpassing earlier estimates and showing robust recovery. Activity in Spain showed the strongest growth, while contractionary conditions held in France amid election…

ByPexeco 5 minRead time

European Central Bank ready to cut?

Oil prices are uncertain as to which direction to take

ECB June cut in the works?

Gold Outlook: Petraces from all-time highs

Germany’s HICP rates in sight

Equities report: Equities send out mixed signals

Ryanair Alerts to Potential Dip in Summer Fares Amidst Declining Profits

Markets recap: Sharp retreat amid global tech wreck

Tesla Approaches Highest Share Price of 2024 as Analysts Raise Price Targets

Deutsche Bank: An Overview

Air France set for €180 million hit as tourists avoid Paris Olympics

Eurozone private sector expands in June