Oscar Wong/Momento via Getty Images Stock futures were mixed Thursday after disappointing retail sales data raised concerns about the pace of the U.S. economic slowdown. Here are some of Thursday’s…
Category: Stocks
Sony shares fall as PlayStation 5 sales miss target
Sony shares fell in Tokyo trading on Thursday as the electronics giant cut its sales forecast, citing worse-than-expected PlayStation 5 sales. Sony shares JP:6758 SONY fell 6.5% in Tokyo as…
William Blair upgrades Inogen shares to outperform citing potential market share gain From Investing.com
©Reuters. On Thursday, William Blair raised its rating on Inogen, Inc (NASDAQ:), a medical technology company, from Market Perform to Outperform. The update follows Respironics’ announcement that it will withdraw…
KalVista Pharmaceuticals up 16%, offering prices of $160 million (NASDAQ:KALV)
KalVista Pharmaceuticals (NASDAQ: VEAL) has priced an underwritten public offering of approximately 7 million shares to the public at $15.25 per share and pre-funded warrants to purchase approximately 3.48 million…
Tiger Global cuts stakes in Magnificent Seven as it piles into semiconductor makers
Tiger Global cut its positions in four of the five Magnificent Seven technology stocks that account for nearly half its portfolio, while increasing its stake in Amazon.com and piling into…
Kremlin rejects US warnings about Russian nuclear capability in space By Reuters
©Reuters. FILE PHOTO: Kremlin spokesman Dmitry Peskov attends a meeting between Russian President Vladimir Putin and Iranian President Ebrahim Raisi in Moscow, Russia, December 7, 2023. Sputnik/Sergei Bobylev/Pool via REUTERS/file…
Asia-Pacific stocks rise following Wall Street rally; The Japanese economy slips into recession
Never Japan (NKY:IND) +1.21%.Japan’s GDP unexpectedly enters recession in the fourth quarter Japan’s 10-year government bond yield fell to around 0.72%, retreating sharply from two-month highs as the country’s economy…
Paramount Global shares tumble 6% after Warren Buffett cuts stake
Shares of Paramount Global traded in the red after hours Wednesday following news that Warren Buffett’s Berkshire Hathaway has reduced its holdings in the company. Berkshire Hathaway BRK.A BRK.B sold…
Pernod Ricard expects stable full-year sales after difficult first half By Reuters
©Reuters. FILE PHOTO: The Ricard logo is seen on labels at the Ricard production unit in Lormont, near Bordeaux, France, February 15, 2019. REUTERS/Regis Duvignau/File Photo PARIS (Reuters) – French…
Rakuten shares gain in Tokyo after positive outlook
Shares in Rakuten Group JP:4755 rose sharply after results showed a much better financial performance and outlined a promising outlook for the year ahead. The stock rose to an eight-month…