STOCK ANALYSIS
WEEKLY FORECAST
FINANCIAL NEWS
How does Standard European Time affect US trading markets

With Daylight Savings Time ending on 30 October 2022 across most of Europe, US stock market hours have changed from 15:30-22:00 to 14:30-21:00 Central European Time (+1), Monday to Friday.

Google announces partnership with Coinbase at Cloud Next Conference

Google parent Alphabet Inc. entered into a strategic partnership with Coinbase that will allow select customers to pay for cloud services with cryptocurrencies through Coinbase's payment platforms.

Spotify boost subscriber growth, shares plunge on margin warning

Though Spotify Technology SA on Tuesday said third-quarter profit margins might narrow because of programming costs, the music-streaming giant posted a better-than-expected rise in revenue and users despite market headwinds.

Snap plunges over 26% on weak sales growth and quarterly revenue miss

Shares of Snap plunged over 26% in after-hours trading Thursday after posting a further slowdown in sales growth and signaling the digital-ad market could remain lackluster for some time in a disappointing third-quarter report.

Tech stocks weigh on US futures after disappointing quarterly results

US equity futures fell after post-market slumps in mega-cap technology shares dampened the mood of a three-day rally on Wall Street and raised new doubts about whether this year's $5.5 trillion selloff is nearing the bottom.

Shares of Alibaba and other Chinese tech stocks plunge as Xi retains control

After President Xi Jinping was confirmed to a historic third term as leader of the world's second-largest economy, shares of US-listed Chinese stocks tumbled in premarket trading Monday.

Verizon stumbles on subscriber growth amid higher prices

On Friday, Verizon Communications Inc. reported it lost 189,000 monthly bill-paying phone subscribers in its consumer business and added fewer-than-expected wireless subscribers in the third quarter.

3 Market movers in the latest round of earnings reports

Tesla Shares Fall on Sales Miss and troublesome quarter, while IBM and P&G sales beat estimates, sending shares up on the news. Here's what you need to know in today's markets:

Tesla cuts 2022 delivery targets, downplays weakening vehicle demand

After the bell Wednesday, Tesla reported its highly-anticipated third-quarter earnings, in which the company addressed a broad range of questions, including Chief Executive Elon Musk's pending Twitter takeover.

United Airlines gains on profit forecast as strong travel demand continues

With consumer appetite for travel showing no signs of slowing down despite a run-up in ticket prices, United Airlines said Tuesday it expects its operating profit margin to surpass pre-pandemic levels in the final quarter of 2022.

Intel's Mobileye plans to offer 41 Million shares in IPO

According to a prospectus filed with the SEC, Intel Corp's Mobileye said it plans to offer 41 million class A shares at a projected price of $18 to $21 per share of its initial public offering.

Stellantis debuts "pure-electric Jeep" despite skepticsm on EU's 2035 targets

At the Paris Motor Show Monday, Stellantis debuted its "first pure-electric Jeep" as the automaker pushes to launch an additional 28 all-new electric vehicles through 2024.

Goldman Sachs could announce major reorganization to combine businesses

Goldman Sach, which is expected to announce the changes on October 18, plans to combine its biggest businesses into three divisions, with its storied investment banking and trading businesses merged into a single unit.

Kroger announces $24.6 billion deal to compete with rival Walmart

After eyeing the retail chain for a while, grocery giant Kroger Co. agreed last week to buy Albertsons for $34.10 per share in a deal valued at $24.6 billion.

Beyond Meat announces another round of job cuts, shares plunge

In a strategic shift to achieve more sustainable growth, plant-based burger maker Beyond Meat Inc. is conducting further layoffs following a round of cuts made in August.

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