Today: 5. Nov, 2024
Brown-Forman, known for Jack Daniel’s, missed Wall Street’s first-quarter fiscal 2024 forecasts on Wednesday, grappling with diminished whiskey sales, supply issues, and a substantial inventory re-establishment. The company noted a 1% reduction in whiskey net sales, with Woodford Reserve and Gentleman Jack…
Wall Street experienced a significant uptick in stocks as the market turned its gaze from the Federal Reserve to imminent corporate and economic statements. With an increase of 0.6%, the S&P 500 maintained its positive trajectory, marking its first week of gains…
Following Wall Street’s significant rally, marking its best day since June as bond market tensions somewhat eased, most Asian stocks experienced a rise on Thursday. The Nikkei 225 in Japan increased by 0.4% during morning trades, reaching 32,146.33. Australia’s S&P/ASX 200 also…
Monday saw Wall Street trending upwards in anticipation of reports that will measure the vigour of U.S. consumers. There’s optimism that continued consumer spending might avert an economic downturn. By midday, the S&P 500 had climbed 0.4%, returning from an initial dip.…
Asian stock indices predominantly saw a downturn on Thursday, following a dip in Wall Street shares, as the market readied itself for a critical U.S. inflation report. The U.S. will later unveil its latest monthly inflation statistics. Analysts project an inflation rise…
Meta Platforms delivered results that surpassed Wall Street’s projections once more. On July 26, following the announcement of its Q2 performance, Meta Platforms’ stock experienced a 7% surge during post-market trading. The company witnessed an 11% YoY growth in revenue, reaching $32…
