UK’s FTSE 100 heads for 11th positive session in best run since 2019 The U.K.’s FTSE 100 was 0.4% higher at 9:50 a.m. in London, putting the blue chip index on track for its eleventh straight session in the green. Gains at the Monday close would extend its best winning run since December 2019, when…
My top 10 things to watch Wednesday, March 19 1. Nvidia’s Jensen Huang laid out the roadmap to remain dominant at GTC yesterday. The demand for the Club name’s chips is ridiculous, and there’s no end to AI spending in sight. I’m interviewing Jensen on CNBC in the 10 a.m. ET hour this morning. 2….
HOUSTON — The officials leading President Donald Trump’s energy agenda made clear to oil, gas and mining executives this week that they have an ally in Washington who intends to make it as easy as possible for them to drill in federal lands and waters. Interior Secretary Doug Burgum told executives gathered for the world’s…
Check out the companies making headlines before the bell. Semtech – The semiconductor manufacturing company plunged more than 28% after it warned in an 8-K filing that fiscal 2026 net sales from its CopperEdge products used in active copper cables are now underperform “due to rack architecture changes.” Semtech also said that it doesn’t expect…
Check out the companies making headlines before the bell. VF Corp – Shares soared nearly 20% following the North Face and JanSport parent’s better-than-expected quarterly results. For the fiscal second quarter, the company posted adjusted earnings of 60 cents per share on $2.76 billion in revenue. Analysts surveyed by LSEG were looking for 37 cents…
European markets were slightly higher Tuesday as traders in the region digested the latest slew of earnings reports. The pan-European Stoxx 600 was up 0.10% by 10:20 a.m. London time, with sectors slipping into mixed territory. Mining stocks added 1.14% while travel and leisure stocks slipped 0.52%. HBSC‘s London-listed shares added 4.5% after it issued…
Check out the companies making headlines in midday trading: Spotify — The music streaming platform advanced 2% after Wells Fargo named it a top stock pick . Analyst Steven Cahall cited Spotify’s rising profit margins, strong product mix and evolving record label relationships as catalysts while reiterating an outperform rating on the stock. Robinhood —…
City of London skyline on 10th June 2024 in London, United Kingdom. The City of London is a city, ceremonial county and local government district that contains the primary central business district CBD of London. Mike Kemp | In Pictures | Getty Images LONDON — European stocks were higher Thursday morning, spurred on by overnight…