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Adidas Shares Plunge 15% as World Cup Marketing Costs Bite — Analysts See an Overreaction
Adidas stock suffered its worst day in years after second-quarter earnings missed forecasts due to spiralling World Cup ...
Mahanagar Gas Q1: Shares jump 4% on sequential recovery despite 39% profit drop
MGL's June quarter net profit surged 49% sequentially, driving a 4% stock rally, even as annual profit fell 39.5%. Inves...
BFM Business Show Dubs Microsoft Reassuring, Meta Disappointing
The July 29 edition of 'Good Morning Market' on BFM Business referenced Microsoft and Meta earnings, but the published r...
Hexaware Slashes Revenue Outlook, Shares Drop 8%; Margins Held Steady
Hexaware Technologies cut its CY26 revenue growth forecast to 6-7% from at least 7.6%, citing delayed deal ramp-ups and ...
Meta Free Cash Flow Nears Zero as AI Capex Hits $31.1 Billion; Zuckerberg Teases Cloud Business
Meta's capital spending nearly doubled to $31.1B, eating almost all operating cash and leaving free cash flow at $784M. ...
Dow Sinks 1,153 Points as Oil Surge and AI Rout Batter Markets
The Dow plunged over 1,150 points Wednesday as a renewed oil spike from Iran fighting and a deepening AI stock sell-off ...
Auto1 Shares Tumble 10% Despite Strong Q2 Results as Outlook Disappoints
The online used-car dealer reported better-than-expected revenue and profit but held its full-year forecast, triggering ...
Nordex Stock Climbs on Q2 Order Surge and Stable Margins
Wind turbine maker Nordex saw shares jump after reporting a sharp rise in Q2 orders and steady selling prices, with half...
UPS Raises 2026 Forecast as Strategy Shift Bites, But Profit Plunge Sends Shares Down 6%
UPS lifted its full-year revenue target to $91.2 billion after shifting away from low-margin e-commerce volume, but rest...
SpaceX Shares Halt Freefall After $1.5 Trillion Wipeout, But Remain Below IPO Price
SpaceX stock ended Tuesday down about 13% from its June IPO price, having lost nearly half its value from the post-debut...
Tunis Stock Market Drops 3.5%, Circuit Breaker Triggers Trading Halt
The Tunis Stock Exchange suffered a sharp 3.47% drop on Tuesday, with the Tunindex plunging 710 points and triggering an...
SpaceX Shares Sink More Than 50% From Post-IPO High Ahead of First Earnings
Ahead of its inaugural earnings as a public company and a looming lock-up expiration, SpaceX shares have lost more than ...
Steve Eisman Warns Any AI Capex Cut Will Trigger a 'Straight Down' US Stock Plunge
The 'Big Short' investor sees the US market as a one-way bet on AI's success, with Alphabet's negative free cash flow an...
Under Warsh, Higher U.S. Rates May Not Derail the Bull Market — Here’s Why
As the Fed signals a more hawkish path under Kevin Warsh, a new analysis challenges the assumption that rising rates aut...
Travel Boom Lifts Cruise Lines and Airlines—Royal Caribbean, Lufthansa, Airbnb in the Spotlight
Post-pandemic travel demand is surging, pushing cruise operators, airlines, and booking platforms back to profitability....
Egypt Stocks Rise as Foreign Institutions Buy; Market Cap Adds EGP 18bn
The EGX30 rose 0.4% while the EGX70 small-cap index surged 1.5% on Monday, driven by foreign institutional purchases. Gl...
Global Stocks Rally as Oil Tumbles on US-Iran Truce, Tech Earnings Loom
Equities and bonds surge after oil drops 6% on halt in Middle East strikes, shifting focus to megacap tech results and F...
Why IBM Just Suffered Its Worst Day in Nearly 60 Years
A punishing mainframe sales collapse and a misfire in AI infrastructure spending sent IBM’s stock to its steepest one-da...
Bank of Baroda Shares Dip as ₹5,700 Crore Charge and Unconfirmed Data Breach Spook Investors
BoB's Q1 FY27 profit fell 72% on a one-time legal settlement, but core earnings held up; reports of an alleged 1TB data ...
Egypt FRA Launches IPO Readiness Training to Shift Companies from Temporary to Final Listings
The Financial Regulatory Authority opened a hands-on programme covering governance, disclosure and listing procedures, a...
Gold and S&P 500 Hit Simultaneous Records, Defying Traditional Correlation
The rare coincidence of gold and equities reaching all-time highs on the same day underscores an unusual market divergen...