Market News
Latest financial news from across the markets
Daily Market Overview
U.S. markets are experiencing a mixed day, with stocks reacting to a blend of earnings reports and economic forecasts. Booking Holdings and Palantir received upgrades, boosting investor sentiment in those sectors, while CVS Health exceeded quarterly estimates and reaffirmed its profit outlook. In contrast, BP shares fell sharply after the company suspended its share buyback plan, and South Korea's Hanwha Aerospace saw a decline following disappointing revenue figures. Meanwhile, SoftBank shares surged 10% on positive outlooks from its telecom unit, highlighting the ongoing interest in AI-driven narratives.
Latest Market Updates
| Title | Published |
|---|---|
How affordability led to a chasm between stock prices, consumer optimism How affordability led to a chasm between stock prices, consumer optimism | less than a minute ago |
UBS downgrades U.S. tech sector despite a recovery. It gave 3 reasons why UBS downgrades U.S. tech sector despite a recovery. It gave 3 reasons why | less than a minute ago |
Coca-Cola forecasts modest growth amid demand concerns Coca-Cola forecasts modest growth amid demand concerns | less than a minute ago |
Treasury yields fall after retail sales miss expectations Treasury yields fall after retail sales miss expectations | less than a minute ago |
Disappointing holiday season: December retail sales were flat, falling short of estimate Disappointing holiday season: December retail sales were flat, falling short of estimate | 2 minutes ago |
Michael Saylor downplays Strategy credit risk as bitcoin tumbles: 'We'll refinance the debt' Michael Saylor downplays Strategy credit risk as bitcoin tumbles: 'We'll refinance the debt' | 8 minutes ago |
CVS tops quarterly estimates, reaffirms profit outlook as turnaround takes hold CVS tops quarterly estimates, reaffirms profit outlook as turnaround takes hold | 10 minutes ago |
How affordability led to a chasm between stock prices, consumer optimism
How affordability led to a chasm between stock prices, consumer optimism
UBS downgrades U.S. tech sector despite a recovery. It gave 3 reasons why
UBS downgrades U.S. tech sector despite a recovery. It gave 3 reasons why
Coca-Cola forecasts modest growth amid demand concerns
Coca-Cola forecasts modest growth amid demand concerns
Treasury yields fall after retail sales miss expectations
Treasury yields fall after retail sales miss expectations
Disappointing holiday season: December retail sales were flat, falling short of estimate
Disappointing holiday season: December retail sales were flat, falling short of estimate
Michael Saylor downplays Strategy credit risk as bitcoin tumbles: 'We'll refinance the debt'
Michael Saylor downplays Strategy credit risk as bitcoin tumbles: 'We'll refinance the debt'
CVS tops quarterly estimates, reaffirms profit outlook as turnaround takes hold
CVS tops quarterly estimates, reaffirms profit outlook as turnaround takes hold