Yen Set to Recover in 2025 as Fed's Easing Cycle Impact Wanes, According to Capital Economics

Capital Economics shared its views on the performance of the Japanese yen against the US dollar on Thursday, forecasting that the yen will have a stronger year in...

U.S. Steel Stocks Decline Due to Weak Guidance

Investing.com -- Shares of United States Steel Corporation (NYSE:X) fell by 5% following the company’s updated fourth-quarter guidance that fell short of market e...

Mission Produce Shares Surge 8% on Better-Than-Expected Q4 Results

OXNARD, Calif. - Avocado producer Mission Produce, Inc. (NASDAQ:AVO) shares rose 8.7% after the market closed on Thursday. The company reported that its fourth-qu...

Scholastic Shares Plunge 14% as Q2 Earnings and Revenue Fall Short of Expectations

NEW YORK - Shares of children's book publisher Scholastic Corporation (NASDAQ:SCHL) experienced a sharp decline of 14% following the company's announcement of fin...

Nike Reports Earnings of $0.13, Surpassing Expectations, with Profits Also Beating Forecasts

According to Nike's (NYSE: NKE) report, the earnings per share for the second quarter were $0.78, which is $0.13 better than analysts' expectations of $0.65. The ...

FedEx Earnings Meet Expectations, But Profit Falls Short

According to the FedEx (NYSE: FDX) report, the earnings per share for the second quarter were $4.05, aligning with analysts' expectations of $4.05. The reported e...

Capital Economics Forecasts Modest Global GDP Growth in 2025

Capital Economics has published its global economic forecast, predicting reasonable global GDP growth and a continued normalization of monetary policy by 2025. Th...

Czech Central Bank Holds Rate Steady at 4%, Capital Economics Predicts Resumption of Rate Cut Cycle

The Czech National Bank (CNB) maintained its policy rate at 4.00% on Thursday, pausing the recent series of rate cuts. This has led Capital Economics to predict t...

Emerging Markets Face Growth Challenges in 2025, According to Capital Economics

Capital Economics anticipates strong challenges in growth for emerging markets in 2025, predicting that expectations will remain below consensus. The firm forecas...

Lumen Technologies Shares Surge on Potential Sale of Consumer Fiber Division

Lumen Technologies (NYSE:LUMN) shares rose by 4.3% following a Reuters report indicating that the company has initiated a process to sell its consumer fiber opera...

Riksbank Takes a Hawkish Stance While Norges Bank Remains More Balanced, According to BofA

According to a note published by BofA Global Research on Thursday, their view on Riksbank and Norges Bank indicates that the Swedish central bank has adopted a mo...

Google Introduces AI Mode to Compete with Chatbots in Search Engine - The Information

According to a report based on sources from The Information, Google (NASDAQ: GOOGL) plans to add an artificial intelligence mode to its search engine that can com...

BILL Stock Soars with Inclusion in S&P MidCap 400

BILL Holdings Inc. (NYSE: BILL) shares rose by 6% after the announcement that the company will be included in the S&P MidCap 400 index. The addition to the index ...

eToro's 2025 Investment Outlook: Modest Growth, Low Interest Rates, and the Musk Factor

Investing.com -- eToro's market analyst Jean-Paul van Oudheusden shared the annual investment outlook for 2025. He expects the moderate global growth, low inflati...

Soho House Surges with Stock Buyout Offer

Soho House & Co Inc. (NYSE: SHCO) shares surged 56% following the announcement of a significant acquisition offer and strong third-quarter financial results. Earl...

BoE Maintains Cautious Guidance with Dovish Tones, According to BofA

BofA Global's research characterized the Bank of England's (BoE) latest decision on Thursday as dovish. The bank noted the cautious 6-3 vote split and indicated t...

Mexican Central Bank Implements Fourth Consecutive Interest Rate Cut

Forex - Mexico's Central Bank (Banxico) has lowered interest rates for the fourth consecutive time due to low economic growth and slowing inflation.

According t...

Boeing Stock Soars After Pegasus Airlines' Major Order

Investing.com -- Shares of The Boeing Company (NYSE:BA) rose by 3% today after Turkey's leading low-cost airline, Pegasus Airlines, announced a significant order ...

Prothena Shares Surge Despite Clinical Trial Setback

Investing.com -- Prothena Corporation plc (NASDAQ:PRTA) shares rose by 43% today, marking the largest daily increase since September 2022. This surge occurred des...

Kinder Morgan's Subsidiary Advances $1.4 Billion Mississippi Crossing Project

Kinder Morgan's Tennessee Gas Pipeline (TGP) has confirmed its decision to advance the Mississippi Crossing Project (MSX Project). This decision follows the compa...

Vertex Shares Downgraded at Oppenheimer Due to Uncertainties in LSR Trial

Oppenheimer downgraded Vertex Pharmaceuticals’ rating after announcing Phase 2 trial results for suzetrigine in the treatment of painful lumbosacral radiculopathy...