stock market News

Dow Jones Plummets Over 650 Points as US Economy Shows Signs of Contraction in Q1 2025

The Dow Jones Industrial Average experienced a significant drop of 650 points amid concerns over the U.S. economy's contraction in Q1 2025 and underwhelming private payroll data. T...

Snap Inc. Surpasses Expectations with a 14% Revenue Jump to $1.36 Billion in Q1

Snap Inc. reports a 14% revenue increase to $1.36 billion in Q1 2025, with DAUs growing 9% to 460 million. Operating and net losses show significant improvement, and adjusted EBITD...

Wall Street Rallies as Investors Anticipate Trump's Tariff Relief Announcement for Automakers

Wall Street closed higher as investors awaited President Trump's announcement on tariff relief for automakers. Major indices like the Dow Jones, Nasdaq 100, and S&P 500 saw signifi...

Wall Street Rallies on Optimism Over Potential Tariff Cuts for Automakers

Major U.S. stock exchanges closed higher amid hopes for tariff relief for automakers, with the Dow Jones, Nasdaq 100, and S&P 500 all posting gains. The euro dipped slightly agains...

Investors Shift Focus: Gold Prices Dip 1% as Stock Market Gains Attention

Gold prices fell by 1.07% as investors turned their attention to the stock market ahead of major earnings reports. Palladium also decreased, while silver and platinum saw slight in...

GM Surpasses Expectations with a 2.3% Revenue Increase to $44.02B in Q1 2025

General Motors announced a 2.3% revenue increase to $44.02B in Q1 2025, surpassing expectations. Despite a 6.6% drop in net income, adjusted EPS rose by 6.1%. The company suspended...

GM Surpasses Expectations with a 2.3% Revenue Increase in Q1 2025 Amidst Challenges

General Motors announced a 2.3% revenue increase in Q1 2025 to $44.02B, beating expectations despite a 6.6% drop in net income. Adjusted EPS rose 6.1%, but the company suspended it...

Porsche's Stock Plummets 7%: A Deep Dive into the Shocking Earnings Report and Future Outlook

Porsche AG's shares dropped over 7% after reporting a 44% plunge in Q1 profit to €518m and cutting its 2025 revenue forecast to €37-€38bn, signaling potential challenges ahead.

Porsche's Stock Plummets 7% Following Shock Earnings Drop and Revised 2025 Forecast

Porsche AG's shares dropped over 7% after reporting a 44% plunge in profit after tax to €518 million and slashing its 2025 revenue and return on sales forecasts, leading to a signi...

Porsche's Stock Plummets 7% Following Startling Earnings Drop and Forecast Cut

Porsche AG's shares dropped over 7% after reporting a 44% fall in Q1 profit and cutting its 2025 revenue and return on sales forecasts, signaling potential challenges ahead.

Nvidia's Stock Dips 4% Amid Rising Competition from Huawei's Groundbreaking AI Chip

Nvidia's stock dropped 4% as Huawei introduces a new AI chip, the Ascend 910D, aiming to outperform Nvidia's H100. Huawei is already supplying its Ascend 910B and 910C chips to maj...

Nvidia's Stock Takes a Hit: Huawei's New AI Chip Sparks Market Shake-Up

Nvidia's stock fell 4% as Huawei announces its new AI chip, the Ascend 910D, aiming to surpass Nvidia's H100. Huawei has started delivering its chips to major Chinese tech players,...

Nvidia's Stock Takes a 4% Dive Amid Huawei's Bold Entry into AI Chip Market

Nvidia's stock fell 4% as Huawei Technologies introduces its new AI chip, the Ascend 910D, aiming to surpass Nvidia's H100. Huawei has already started delivering its chips to major...

Nvidia's Stock Dips 4% Amid Rising Competition from Huawei's Revolutionary AI Chip

Nvidia shares fell 4% as Huawei unveils its new AI chip, the Ascend 910D, aiming to surpass Nvidia's H100. Huawei has started delivering its chips to major Chinese tech companies, ...

Market Turmoil: Sensex Plummets 589 Points Amid Rising India-Pakistan Border Tensions

The Sensex dropped 589 points amid rising India-Pakistan border tensions, with significant impacts on mid and smallcap stocks. Despite the downturn, foreign investments show signs ...

Merck Reports a 2% Dip in Q1 Sales to $15.5 Billion Amidst Strategic Growth Moves

Merck & Co. reports a 2% sales drop to $15.5 billion in Q1 2025 but sees a 7% rise in net income and EPS. CEO emphasizes strategic growth and innovation.

Merck Reports a 2% Dip in Q1 Sales to $15.5 Billion Amidst Strong Earnings Growth

Merck & Co., Inc. reports a 2% decrease in Q1 sales to $15.5 billion for fiscal 2025, alongside a 7% rise in net income and EPS. CEO Robert M. Davis highlights progress in medicine...

Merck Reports a 2% Dip in Q1 Sales to $15.5 Billion Amidst Strategic Growth Moves

Merck & Co., Inc. announced a 2% year-on-year sales decline to $15.5 billion in Q1 2025, alongside a 7% increase in net income and EPS. CEO Robert M. Davis highlighted strategic gr...

Top Picks for Investors: HCL Tech, Havells, and More Broker Favorites for April 24

Brokers spotlight HCL Tech, Havells, and others as top investment picks for April 24, with upgrades and positive outlooks based on recent performances and future growth potentials.

Terror Attack in Pahalgam Triggers 10% Plunge in J&K Bank Stocks, Shaking Investor Confidence

Jammu and Kashmir Bank's stocks fell by 10% following a terror attack in Pahalgam that killed 26 tourists, impacting the region's tourism revenue. Investors are advised to stay inf...

Wall Street Rises as Boeing and Tech Giants Lead Charge with Stellar Earnings

U.S. stock markets opened higher with significant gains across major indexes, driven by strong earnings from Boeing, Philip Morris, AT&T, and GE Vernova. The Dow, Nasdaq, and S&P a...

Tesla Shares Surge 7% as Elon Musk Pledges More Focus on Company Over DOGE

Tesla shares experienced a nearly 7% increase after CEO Elon Musk announced he would significantly reduce his involvement with DOGE, reassuring investors of his focus on Tesla. The...

HDFC Bank Joins Elite Club: Surpasses Rs 15 Lakh Crore Market Cap, Following RIL and TCS

HDFC Bank shares climbed nearly 2%, achieving a market valuation above Rs 15-lakh-crore, making it the third Indian company after RIL and TCS to reach this milestone. The stock's p...

Wall Street Soars: Dow Jumps Over 1,000 Points as Tech Earnings Anticipation Fuels Rally

Wall Street stocks surged on Tuesday, with the Dow jumping over 1,000 points amid anticipation of tech earnings reports. US companies reported increased revenue, and hopes for US-C...

Bitcoin Surges 3% to Break $90,000 Barrier Amid Stock Market Recovery

Bitcoin's price jumps 3% to surpass $90,000, marking its highest level since March 7, as Ethereum also sees significant gains. The cryptocurrency rally coincides with a recovery in...

Bitcoin Surges 3% to Break $90,000 Barrier Amid Stock Market Recovery

Bitcoin's price jumps 3% to surpass $90,000 for the first time since March, alongside a recovery in U.S. stock markets. Ethereum also sees a significant rise, underscoring the appe...

Bitcoin Surges 3% to Break $90,000 Barrier Amid Stock Market Recovery

Bitcoin surpasses $90,000 for the first time since March, marking a significant rally in the cryptocurrency market amid stock market recovery and economic uncertainty.

Bitcoin Surges 3% to Break $90,000 Barrier Amidst Stock Market Recovery

Bitcoin's price jumps 3% to surpass $90,000, with Ethereum also seeing significant gains. This comes as U.S. stock markets recover, highlighting growing investor interest in crypto...

Bitcoin Surges 3% Beyond $90,000 Mark Amid Stock Market Recovery

Bitcoin surpasses $90,000, marking a 3% increase, while Ethereum also sees significant growth. This rally occurs alongside a recovery in U.S. stock markets, reflecting investor int...

3M Reports a Slight Dip in Q1 Sales to $6 Billion Amid Strategic Adjustments

3M Company reports a 1% increase in Q1 sales to $6 billion, with net income rising to $1.12 billion. The company adjusts its full-year EPS outlook amidst a dynamic economic environ...

Novo Nordisk Shares Plummet 8% as Eli Lilly's Breakthrough Weight Loss Drug Steals the Spotlight

Novo Nordisk shares fell 8% after Eli Lilly announced positive results from a late-stage trial of its oral weight loss drug, orforglipron, impacting the healthcare sector broadly.

Gold Prices Soar to Unprecedented $3,400 Amid Global Economic Uncertainties

Gold prices have surged to a record $3,400 as investors seek safety amid global economic worries. The U.S. stock markets faced steep declines, and political tensions add to the unc...