Huawei demonstrates rapid recovery
Key points: Huawei has demonstrated the most dynamic growth in the last 4 years. Revenue grew 9.63% to 704.2 billion yuan ($97.48 bill…
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.
The Dow led the way in the latest session
Key points: All three major US stock market indices are on track for quarterly growth. The Dow Jones is less than 1% away from 40,000.…
Dow and S&P decline for third session straight
Key points: American stock indices fell for the third session in a row amid a short work week. Tesla shares rose 4% over the week. The…
United Airlines shares fell 3.4%
Key points: United Airlines shares fell 3.4% after the FAA stepped up oversight of the carrier. Over the next few weeks, the FAA will …
The S&P 500 is up 2.3% since the start of 2024
Key points: S&P 500: minimal swing on Friday, but biggest weekly gain since early 2024 (+2.3%). Traders see a 71% chance of a June…
Kering shares fall due to weaker demand
Key points: Kering shares fell 15% in early trading, resulting in a loss of 7.9 billion euros ($8.6 billion) in market capitalization.…
Apple is accused of monopolizing the market
Key points: The US Department of Justice and 16 states accuse Apple of monopolizing the smartphone market. Apple denies the allegation…
The Fed left interest rates unchanged
Key points: The Fed kept interest rates unchanged, which eased investor concerns. The Dow Jones, S&P 500 and Nasdaq Composite indi…