Boeing pleads guilty to fraud
Key points: Boeing pleads guilty to fraud related to the 737 MAX crash. Boeing shares gave up early gains to gain just 0.6%. Boeing ma…
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.
French assets volatile amid elections
Key points: The CAC40 index initially declined, but then recovered its losses and closed with an increase of 0.4%. Share prices of maj…
Nonfarm increases hopes for rate cuts
Key points: Weak data on the US labor market has increased expectations of the Fed cutting interest rates. The technology sector and m…
UK shares rise after election
Key points: Sterling, UK shares and government bonds increased in value following the Labor Party victory. The pound rose almost 0.1% …
Broadcom will conduct a 10-for-1 stock split
Key points: Broadcom shares doubled in 2023 and rose 45% in 2024. The company plans to implement a 10-for-1 stock split. Morningstar&#…
Moderna received $176 million for vaccine
Key points: $176 million awarded to Moderna to accelerate the development of a vaccine against H5N1 avian influenza. Late-stage trials…
Wall Street indices ended the day higher
Key points: Tesla and other large-cap growth stocks led the gainers. Trading volumes were low as investors awaited employment data and…
Nike shares fall due to gloomy forecasts
Key points: Nike shares fell 20% on Friday after forecasting a decline in full-year revenue. This is the worst day for Nike shares: th…