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markets

  • Tech darling Nvidia’s earnings a litmus test for AI-driven market frenzy

    February 19, 2024

    In the realm of technology and finance, all eyes are currently fixed on Nvidia's earnings reports scheduled for release on Wednesday, February 21st.

  • Moving markets today: What’s shaping the FTSE 100 this morning

    February 16, 2024

    The S&P 500 hit a record high despite big tech losses, while the Nikkei reached new heights and oil remained stable. Investors awaited the release of UK retail sales and US PPI data.

  • Applied Materials shares surge 12 per cent on bullish revenue forecast amid AI craze

    February 16, 2024

    Applied Materials, a leading supplier of semiconductor equipment, witnessed a remarkable surge in its shares by more than 12% during after-hours trading on Thursday.

  • Moving markets: Five things shaping the FTSE 100 today

    February 15, 2024

    Asian markets rose in line with Wall Street's momentum. Uber, Lyft, and Nvidia drove the S&P 500, while Bitcoin surpassed $52,079. Japan entered a recession, drawing attention to the UK Q4 GDP and U.S. retail sales.

  • FTSE 100 today: London markets likely to open in the red amid global market rout

    February 14, 2024

    Asian stocks fell in response to a Wall Street sell-off, while the U.S. dollar remained near three-month highs. Oil prices dropped, and Lyft shares retreated after a 60% surge. Investors are closely monitoring the UK CPI and Q4 euro area GDP.

  • Lyft soars (briefly) after accidentally misstating forward revenues by, err, 10 times

    February 14, 2024

    Lyft's stock surged over 15% in extended trading as the ride-sharing company projected achieving positive free cash flow for the year. However, enthusiasm waned after Lyft disclosed an error in its press release, injecting drama.

  • Moving markets: Five things shaping the FTSE 100 today

    February 13, 2024

    U.S. stocks closed mixed, while Asia saw modest gains. Bitcoin hits $50,000, oil prices remain stable, and the focus shifts to UK labour market data and U.S. inflation.

  • Bitcoin breaks $50,000 barrier after over two years

    February 13, 2024

    Bitcoin has surged past the $50,000 mark, marking its highest level since 2021. This surge highlights a significant shift in investor interest, largely attributed to the introduction of mainstream bitcoin investment funds.

  • FTSE 100 today: London markets set for muted start amid thin Asian holiday trade

    February 12, 2024

    Australia's equities slip, while Asian markets remain closed for holidays; Bitcoin surges, and gold pauses in light trading. Eyes are on Tuesday's U.S. inflation report and Fed speeches.

  • Moving markets today: What’s shaping the FTSE 100 this morning

    February 9, 2024

    S&P 500 inches closer to 5,000, Japanese stocks hit 34-year high, Arm shares surge 55%, Oil prices rise as Israel rejects ceasefire proposal, focus on PepsiCo earnings and Fed commentary.

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