S&P 500 falls 3% on recession fears
Key points: The Nasdaq and S&P 500 posted their biggest three-day decline since June 2022. Weak economic data, especially the U.S.…
Stock market and company news
Earnings, dividends, corporate deals and market-moving events selected by ParadNEWS to help investors understand what is driving stock prices.
Market fall: investors’ opinion
Key points: The Nikkei index posted a record drop, moving into the “bear market” category, the STOXX 600 index also fell, …
Sharp fall in stocks triggers selloff
Key points: Jobs growth was less than expected, unemployment rose. Disappointing quarterly earnings from big tech companies like Amazo…
Bank of England cuts interest rates
Key points: The Bank of England cut interest rates, which was seen by the market as a signal that the British economy was stabilising.…
Intel is planning to cut 15% of jobs
Key points: Intel is cutting more than 15% of its workforce, or about 17,500 jobs. The company is temporarily suspending dividend paym…
Toyota expects Q1 profit growth
Key points: The company’s shares are unstable despite positive financial results. The company is actively developing the hybrid …
Starbucks, AMD, PayPal: the Q2 reports
Key points: Starbucks beats earnings estimates, shares rally. AMD: AI chip sales guidance raised, revenue growth, especially in data c…
Microsoft shares fall after report
Key points: Microsoft continues to grow its Azure cloud platform, despite a slight slowdown in growth. Microsoft shares fell after the…