Puma announces brand promotion campaign
Key points: The German company Puma predicts disappointing results for the first half of 2024. However, the company did not adjust the…
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.
Stocks on pause ahead of inflation data release
Key points: American stock indices closed trading on February 28 with virtually no changes. The key event of the week will be the PCE …
Wall Street stocks fell ahead of macro data
Key points: US stock market indices fell moderately due to a shift in focus from AI to upcoming economic data This week traders are wa…
Reports season is coming to an end: what next?
Key points: The S&P 500 has hit new highs this year, with Nvidia’s rise pushing the index to record highs. However, inflatio…
Moderna reports unexpectedly high profits
Key points: Moderna reported unexpected fourth-quarter earnings of $217 million ($0.55 per share). COVID vaccine sales in 2023 are dow…
Reddit makes deal with Google
Key points: Reddit has entered into an agreement with Google for $60 million per year. Google will use Reddit content to train its AI …
Nvidia report results exceed expectations
Key points: Nvidia’s fourth-quarter 2023 revenue was $22.10 billion, beating estimates of $20.62 billion. Adjusted earnings per …
Nvidia shares fell ahead of the report
Key points: Markets fell on concerns about Nvidia. Walmart curbed Dow Jones decline. Investors will monitor the minutes of the Fed mee…