Major Hong Kong tech shares also tumbled, with AI-exposed stocks logging heavy losses. Baidu Inc (HK:9888) slid 7.3%, Alibaba ...
Tech-heavy Asian bourses were the worst performers for the day, led by a near 4% tumble in South Korea’s KOSPI. Heavyweight ...
Services were a point of support, with the S&P Global services PMI remaining at 53.1 in November, the same as October. This helped Japan’s composite PMI rise to 52.0 in November from 51.5 in October.
MTI said it now expects 2025 GDP to grow “around 4.0%,” compared with its previous 1.5–2.5% forecast, citing stronger-than-expected global conditions, resilient trade flows, and a surge in demand for ...
A core reading that excludes both fresh food and energy prices, and is closely watched by the BOJ as a gauge of underlying ...
BYD has established itself as the benchmark for Chinese EV investments, offering a rare combination of growth and profitability that sets it apart from competitors. With a net income margin of 5.2% ...
Intuit (INTU) rose 2.6% after quarterly results topped consensus. Intuit reported Q1 EPS of $3.34, $0.25 better than the analyst estimate of $3.09. Revenue for the quarter came in at $3.9 billion ...
Investing.com -- OGE Energy Corp. (NYSE:OGE) stock fell 3% in after-hours trading Thursday following the company’s announcement of a $345 million public offering of common stock.
Gap comparable sales rose 5% in Q3, driven by strong growth at Old Navy, Gap and Banana Republic. The company raised the lower end of its full-year fiscal 2025 net sales growth guidance to 1.7% to 2% ...
Investing.com -- Mark Zuckerberg and other current and former leaders of Meta Platforms have agreed to pay $190 million to resolve shareholder allegations that they damaged the company by violating ...
Investing.com -- A planned $20 billion bailout for Argentina from JPMorgan Chase, Bank of America and Citigroup has been shelved in favor of a smaller, short-term loan package to support the ...
PHOENIX - Phoenix Education Partners, Inc. (NYSE:PXED) shares fell 8.3% after the parent company of the University of Phoenix reported fourth quarter fiscal 2025 results that beat revenue expectations ...