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Shell profit dips amid lower oil prices, weaker gas trading, but still exceeds estimates

Shell announced on Thursday that its second-quarter net profit fell by nearly a third.  The decline in profit was primarily due to…
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Meta stock jumps 12% after Q2 beat as AI bets pay off: how analysts are pricing it in

Meta Platforms Inc. delivered robust second-quarter results late Wednesday, sending its stock up nearly 12% in early Thursday premarket trading. The Facebook…
Stock

Dow Futures soar 90 points today: 5 things to know before Wall Street opens

Dow Futures are up about 90 points in early trading on Thursday, pointing to a rebound after yesterday’s pullback. Strong earnings from…
Stock

Moderna to cut 10% of global workforce as Covid shot sales drop 20%

Moderna is reducing its global workforce by around 10% by the end of 2025 as demand for Covid-19 vaccines continues to weaken….
Stock

Consumer spending in the US is slowing – Is the economy in trouble?

For two years, the American consumer has carried the economy. Even with interest rates at their highest level in two decades, spending…
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Tata Motors’ $4.5B Iveco bid sends shares sliding: here’s why investors are wary

Tata Motors took a hit on Wednesday, with shares falling more than 4% after reports surfaced about a possible $4.5 billion bid…
Stock

Adidas shares slump after sales miss, tariff warning and guidance confirmation

Adidas shares tumbled on Wednesday after the German sportswear giant reported second-quarter sales below expectations and warned that new US tariffs would…
Stock

Dow Futures muted ahead of Fed decision: 5 things to know before Wall Street opens

Wall Street is heading into a high-stakes trading day on Wednesday with a sense of caution, as Dow Futures suggest a muted…
Stock

Visa stablecoin settlements top $200m as global adoption grows

Visa has crossed $200 million in cumulative stablecoin settlements, underscoring its commitment to blockchain integration amid rising demand for real-time digital payments….
Stock

UnitedHealth’s reinstated guidance hardly brings good news for UNH stock investors

UnitedHealth Group Inc (NYSE: UNH) has reinstated its full-year guidance, but the management’s estimates hardly brought any good news for investors. UnitedHealth…
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