A sunny Friday for Aussie stocks as tech and consumer discretionary sectors shine
In a week filled with market ups and downs, the Australian stock market closed on a high note on Friday, buoyed by a surge in [more…]
Category: Investing & Markets
DigiPlus Interactive secures a spot in FTSE index, effective March 15
DigiPlus Interactive Corp. (DigiPlus), a prominent player in the retail gaming and leisure sector, has clinched a coveted spot in the FTSE Global Equity Index [more…]
Carvana drives past expectations, slashes debt and posts first annual profit
Carvana went into overdrive on Friday, shares surging nearly 40% after the online used-car retailer hit a major milestone, posting its first annual profit. This [more…]
Venezuelan PDVSA bonds plunge as New York court rules on validity
In a turn of events, Venezuelan PDVSA bonds have taken a nosedive following a New York court ruling that their validity must be determined by [more…]
Ireland’s public debt declines, but long-term risks loom, finance minister warns
Ireland has made significant strides in reducing its public debt, but challenges lie ahead. According to the Department of Finance, Ireland’s gross public debt stands [more…]
Germany’s economic growth forecast slashed amidst global turbulence
Germany’s economic outlook has hit a rough patch, with the country’s GDP growth forecast for this year slashed to a mere 0.2%. The revised estimate, [more…]
Malaysia’s Ringgit hits lowest level since Asian financial crisis
Malaysia’s ringgit took a bit of a tumble on Tuesday, hitting its lowest level since the Asian financial crisis. The currency’s not having the best [more…]
Nintendo shares plunge 6% on delay reports for next-gen console
Nintendo’s stock took a bit of a tumble, dropping 6% in response to reports from gaming media and Bloomberg suggesting that the release of its [more…]
Surprise drop in French inflation signals potential ECB rate cut
Consumer prices in France took a surprising dip, offering a welcome respite to wallets feeling the strain. The French statistical office INSEE confirmed that annual [more…]
DraftKings beats the odds, revenue up despite NFL setbacks, raises 2024 guidance
DraftKings, the popular sports betting company, faced a challenging quarter as it fell short of Wall Street’s expectations. Despite missing estimates on both the top [more…]