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Economy

Here’s why the HSBC share price crashed in Hong Kong after earnings

The HSBC share price plummeted in Hong Kong after the company reported weaker-than-expected results and announced a $3 billion share buyback. It…
Economy

Rolls-Royce share price sends mixed signals before earnings: buy or sell?

Rolls-Royce share price pumped on Tuesday and was hovering near its all-time high of 1,013p. It has increased by 75% this year,…
Economy

Starbucks stock forecast as CEO hails turnaround: can it hit $116?

Starbucks stock price rose by over 4% after Brian Niccol, its CEO, hailed its turnaround efforts, even as its financial results continued…
Stock

Analysis: EU’s ambitious US energy import target faces major hurdles

A recent trade agreement between the EU Commission and US leadership has set a challenging target for the EU, requiring it to…
Stock

Google to invest $6 billion in Andhra Pradesh, India’s largest data centre move yet

Google is investing $6 billion to build a massive 1-gigawatt (GW) data centre and supporting power infrastructure in Visakhapatnam, Andhra Pradesh. The…
Stock

PANW stock tanks after CyberArk acquisition deal but analysts remain bullish: here’s why

PANW stock tumbled about 8% on Wednesday, after Palo Alto Networks announced a $25 billion deal to acquire CyberArk Software. The mix…
Stock

Telefonica scales back Huawei use in Europe, maintains course in Latin America

Telefonica, the Spanish telecom giant, is taking dramatic steps to reduce its reliance on Chinese technology giant Huawei in its European operations,…
Stock

What made Marvell stock pop 10% on Wednesday?

Marvell Technology Inc (NASDAQ: MRVL) rallied as much as 10% on Wednesday morning after announcing a strategic alliance with Rebellions Inc –…
Investing

Elon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung Electronics

Samsung Electronics has entered into a $16.5 billion contract for supplying semiconductors to Tesla, based on a regulatory filing by the South…
Investing

Things are getting better at Boeing under CEO Ortberg, but can he keep it going?

After spiraling from crisis to crisis over much of the past seven years, Boeing is stabilizing under CEO Kelly Ortberg’s leadership. Ortberg,…
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