Market News

Market

Ferrari Faces 7% Stock Plunge as Exor Initiates €3 Billion Share Sale

Ferrari NV's stock dropped 7% after Exor NV announced the sale of 7 million shares, raising concerns among investors about the company's ownership structure. Despite the sale, Exor...

Market

European Markets Dip as Economic Concerns Take Center Stage

European stock markets closed mostly lower amid economic concerns, with the Eurozone's consumer confidence report and ECB's stance on inflation influencing investor sentiment. Key ...

Market

European Markets Dip as Inflation and GDP Reports Stir Investor Concerns

European stock markets opened lower on Thursday, influenced by reports on French producer inflation, Spanish consumer inflation, and Swiss GDP. Key indices like DAX, FTSE 100, CAC ...

Market

Gold Prices Take a Dive: A 1% Drop Amid Rising US Treasury Yields

Gold prices experienced a 1% decline as US Treasury yields and the dollar strengthened. Investors are now focusing on upcoming US economic reports, including GDP data, for insights...

Market

Exor's Massive €3B Ferrari Share Sale Sparks 7% Stock Plunge

Ferrari NV's stock plunged by 7% after Exor NV sold a 4% stake for €3 billion, raising concerns over ownership changes despite Exor's continued majority stake and lock-up agreement...

Market

Wall Street Rises in Premarket Amid Nvidia's Earnings Beat and Anticipation for GDP Data

Wall Street's major stock exchanges experienced gains in premarket trading, driven by Nvidia's earnings beat and positive guidance. Investors are now focused on the upcoming US GDP...

Market

Oil Prices Surge Over 1% as Trump Administration's Tariff Policies Create Market Uncertainty

Oil prices surged over 1% amid uncertainties from the Trump administration's tariff policies. Mixed signals on tariffs and the revocation of Chevron's deal with Venezuela have crea...

Market

Wall Street Rises as Trump Announces New Tariffs on Mexico, Canada, and China

Wall Street opened higher as President Trump announced new tariffs on Mexico, Canada, and China. Investors also focused on economic data and Nvidia's strong quarterly performance. ...