FTSE 100 today: London markets set to extend rally; US Fed decision, Apple, Amazon earnings in spotlight April 29, 2024 Asian shares rose alongside their US counterparts, with Hong Kong equities extending a rally for the sixth straight day. The Japanese yen plunged below ¥160, but authorities did not intervene due to the holiday, while oil and gold prices dropped. The focus remained on upcoming earnings reports from tech giants Apple and Amazon, along with the Fed meeting and jobs data.
Top forecaster says UK economy has reasons to be cheerful with stagnation to fall away April 28, 2024 The UK economy could be on the mend after it fell into a shallow recession last year as it battled high inflation and interest rates.
Rolls Royce, Antofagasta, Natwest: these top FTSE 100 stocks have returned over 30 per cent this year April 27, 2024 The FTSE 100 does still offer something to get excited about despite a ballooning number of companies leaving the London Stock Exchange.
The business case for creativity April 27, 2024 In today’s corporate landscape, creativity is no longer confined to the marketing department, says David O’Hearns Keir Starmer has said we are in the midst of a “creativity crisis”, with arts subjects having been diminished and devalued for well over a decade. His recent speech said that the creative industry is essential for our economic [...]
FTSE 100 today: London markets set to open higher on the heels of strong US tech earnings April 26, 2024 Asian stocks rallied alongside a strong tech sector fuelled by impressive US earnings. Bank of Japan maintained its short-term interest rate target at 0-0.1 per cent. Oil prices climbed, while Microsoft and Alphabet shares surged post-earnings beats. Investors await US inflation data and focus on ExxonMobil and NatWest earnings.
Alphabet surges 11 per cent on strong earnings, unveils first dividend payout April 26, 2024 Alphabet shares surged in after-hours trading on Thursday after Google's parent company impressed investors with a blowout first-quarter earnings report and initiated a $70 billion stock buyback program alongside its first-ever dividend declaration.
Microsoft beats Wall Street expectations, shares soar on robust Azure growth April 26, 2024 Microsoft outpaced expectations for its third-quarter revenue and profit, unveiled on Thursday. This success was largely fueled by the integration of artificial intelligence (AI) across its cloud services, propelling its shares to surge by more than 4 per cent during extended trading.
FTSE 100 today: BHP pounces on Anglo American while Meta drags tech lower April 25, 2024 US stocks saw a slight rise amid volatility. Asian stocks declined as Meta reignited tech sell-off, and the Japanese yen dropped below ¥155. Meta's stock fell 15 per cent, contributing to market turbulence. Despite this, oil and gold prices held steady. Investors now await US Q1 GDP data and earnings updates from Alphabet, Microsoft, Intel and Barclays.
Meta’s stock tanks 15 per cent as AI spending rises, revenue outlook fails to impress April 25, 2024 Shares of Meta, the parent company of Facebook and Instagram, experienced a significant drop of more than 15 per cent during after-hours trading.
FTSE 100 today: London markets set to shine green, riding global upward momentum April 24, 2024 Asian markets followed Wall Street's upward trend, with oil and gold prices trading nearly flat as tensions in the Middle East eased. Tesla's stock soared 13 per cent after plans to fast-track a 'more affordable' model release. Attention now shifts to the upcoming earnings reports from Meta, Boeing, IBM, and Intel.