Stock Markets, Business News, Financials, Earnings

S&P 500 and Nasdaq Struggle to Advance After Weak Jobs Data Jun 4
Wall Street indexes retained an upward bias, and private businesses added jobs at the slowest rate in nearly two years in May. Investors are awaiting the release of non-farm payrolls data on Friday. CRWD HPE DLTR THO
Stocks Brave Higher Amid Earnings Boost Expectation Driven by Tariff-Driven Price Increases Jun 3
Investors held out for market gains amid expectations that Trump tariffs will provide another earnings boost to retailers, automakers, and industrial goods makers as retail price increases exceed increases in import inflation. CRDO DG PEGA SATS

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U.S. Movers: Five Below, MongoDB, PVH Corp. Jun 5
Five Below reported strong first-quarter results, but the discount retailer issued a cautious outlook, citing tariff market uncertainty. PVH, the parent company of Calvin Klein and Tommy Hilfiger, swung to a loss and lowered its annual outlook. FIVE MDB PVH
U.S. Movers: Asana, Dollar Tree Jun 4
Asana failed to meet analyst expectations in the first quarter, but the software company expects to swing into profit as early as the second quarter. Dollar Tree issued a cautious outlook. ASAN DLTR

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Sony Corp. Lifts Annual Outlook Driven by Gains in PlayStation and Music Businesses Feb 17
Sony raised its full-year outlook on the back of the strength in its console and music businesses. The technology and media company plans to spin off its financial services unit by October.
Lululemon Athletica Quarterly Sales Rise 19%, Expands Stock Repurchase Plan Dec 8
The specialty apparel retailer said international sales soared but net income declined. The company board approved an additional stock repurchase plan of $1 billion. LULU

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January's Consumer Price Inflation Supports Fed's Resolve to Delay Rate Cuts Feb 12
The rebound in inflation in January was driven by an increase in prices for food, fuel, and passenger cars. Elevated shelter continues to drive most of the inflation and underscored the Fed's reluctance to deliver additional rate cuts in the imminent future.
U.S. Job Growth Slowed by Solid In January, Wage Growth Supports Fed's Rate Case Feb 8
Wall Street indexes were little changed after nonfarm payrolls increased at a slower pace in January, but wage growth in the month stayed sharply ahead of the Fed's inflation goals.

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China's Bubble Tea Chain Mixue Group's IPO Attracted Huge Interest from Retail Investors Mar 3
The rapidly growing affordable beverage chain operator's public offering became the most popular ever in Hong Kong, with 6,000 times oversubscribed.
Heidelberg Materials Enlarges U.S. Footprint with Giant Cement Acquisition Nov 28
Heidelberg Materials agreed to acquire the U.S.-based Giant Cement and its subsidiaries from Mexican billionaire Carlos Slim controlled company listed in Spain.

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ECB Cuts Rates as Expected, Germany's Factory Orders Unexpectedly Advanced In April Jun 5
European markets traded down after ECB's rate decisions, as inflation in the eurozone dropped below the central bank's target rate in May. Germany's factory orders unexpectedly advanced in April.
European Markets Scaled Higher, U.S. Hiked Import Duties On Steel and Aluminum Jun 4
European stocks traded higher, bond yields held firm, and the euro edged higher amid expectations of a rate cut by the European Central Bank on Thursday.

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Europe Movers: Dr. Martens, Heidelberger, Wise, Wizz Air Jun 5
Heidelberger reported lower revenue in the fiscal year 2024/2025, and the German mechanical engineering company reiterated its outlook. Dr. Martens posted sharply lower earnings, but its dividend remained unchanged from a year ago.
Europe Movers: Remy Cointreau, Voestalpine Jun 4
Remy Cointreau, the French spirits company, reported lower sales and profit for the full year and withdrew its long-term earnings forecast, citing macroeconomic and geopolitical uncertainties.

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Japan's Real Wages Dropped Fourth Consecutive Month in April Jun 5
Japan's real wages declined for the fourth consecutive month, complicating the Bank of Japan's efforts to normalize interest rates.
China Stock Indexes Advanced, Services Sector Expansion Accelerated In May Jun 5
China's service sector expansion accelerated in May, reassuring investors that the world's second-largest economy is on track to meet its annual growth target.

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Stock Movers: Ashok Leyland, Cello World, SML ISUZU, CSL Finance, Titagarh Rail, Niraj Cement, Granules, KNR Constructions Jun 4
Titagarh Rail approved a final dividend despite a decline in net income in the March quarter. Cello World reported a muted increase in sales and earnings in the latest quarter. KNR Constructions approved a final dividend despite a sharp fall in net income in the fiscal fourth quarter.
Stock Movers: Suzlon Energy, ICRA, DCM Nouvelle, NBCC, Inox Wind, Ajmera Realty, Vodafone Idea, Adani Energy Jun 3
Suzlon Energy reported a sharp jump in earnings in the latest quarter. DCM Nouvelle’s net income swung to a profit in the March quarter. Vodafone Idea said net loss shrank in the March quarter.

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How Can Argentina Regain Growth Momentum and Avoid Dollarization? Mar 25
Argentina’s persistent financial crisis is rooted in its failure to diversify its economic base away from agriculture and mining activities and to ignore its human capital potential for decades.
Is Twitter Dying? Nov 18
The social media platform's rapid rise brought a flood of users from all walks of life. Twitter's popularity also attracted politicians, regulators and investors, all competing to bend the platform to meet their needs. TWTR