Stocks

Stocks
Stocks

P&G earnings preview: sales seen rising despite rich valuation

Consumer products behemoth Procter & Gamble Company (PG), is scheduled to unveil its third-quarter fiscal 2026 financial results on April 24, ahead of the market opening, with analysts anticipating year-over-year growth in both sales and earnings. For the fiscal third quarter, the Zacks Consensus Estimate forecasts Procter & Gamble will report revenues of $20.6 billion,

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FTSE 100 steady as oil jumps, UK inflation ticks higher

London’s benchmark FTSE 100 index remained largely unchanged on Wednesday as investors tracked developments in the Middle East and digested fresh inflation data from the UK. The blue-chip index slipped marginally by 0.03% to 10,495.22 points by 1048 GMT. Meanwhile, the mid-cap FTSE 250 index edged up 0.2%. Market participants remained cautious as geopolitical risks

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Here’s why the Rolls-Royce share price is falling this week

Rolls-Royce share price dropped for three consecutive days, reaching its lowest level since April 7 as crude oil soared. It dropped to a low of 1,160p, down sharply from the year-to-date high of 1,420p. RR stock chart | Source: TradingView The ongoing Rolls-Royce stock crash happened after President Donald Trump delivered another TACO (Trump Always

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Corie Barry to step down as Best Buy names Jason Bonfig CEO

Best Buy has announced a leadership transition, naming Jason Bonfig as its next chief executive officer, replacing Corie Barry later this year. The move comes at a critical juncture for the consumer electronics retailer, which is grappling with sluggish sales growth and shifting consumer behaviour in a high-cost environment. Bonfig will take over as CEO

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Robinhood fund takes $75M stake in OpenAI

Robinhood’s proprietary investment vehicle for retail investors has taken a small stake in privately held OpenAI, the trading company announced on Wednesday. The Robinhood Ventures Fund I (RVI), which offers investors exposure to private technology companies, invested $75 million in the artificial intelligence firm. The fund went public and began trading on the New York

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Dow Jones jumps 417 pts as Trump extends Iran ceasefire

US stock indices moved higher on Wednesday after President Donald Trump extended the ceasefire with Iran, even as uncertainty persisted over the durability of the truce. The Dow Jones Industrial Average rose by more than 417 points, or about 0.85%, while the S&P 500 gained roughly 0.67% and the Nasdaq 100 climbed 0.72%. The gains

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GE stock falls 4% despite earnings beat on fuel costs, weak outlook

GE Aerospace shares fell on Tuesday even after it reported stronger-than-expected first-quarter results, driven by robust demand for commercial aviation and military technologies, as rising fuel costs and geopolitical tensions weighed on its outlook. The company posted adjusted earnings of $1.86 per share, ahead of analyst expectations of $1.60, according to FactSet. Revenue rose 25%

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Amazon stock jumps as $25B Anthropic AI deal boosts AWS growth

Shares of Amazon rose in premarket trading on Monday after the company unveiled plans to significantly expand its investment in artificial intelligence firm Anthropic, deepening a partnership that underscores intensifying competition in cloud-based AI infrastructure. The stock climbed about 2.15% to $253.62 after the market opened on Tuesday. Amazon expands AI bet with Anthropic deal

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Dow Jones rises 220 pts as AI optimism offsets Iran tensions

US stocks moved higher on Tuesday as investors balanced renewed optimism around artificial intelligence-driven growth with ongoing geopolitical uncertainty tied to the Middle East conflict. The Dow Jones Industrial Average rose about 0.45% or 222 points, while the S&P 500 added roughly 0.13% and the Nasdaq-100 gained around 0.04% after the market opened. The gains

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TheSportExchange, Algoz join forces to build liquidity for sports digital assets

TheSportExchange (TSE), which operates in Europe as TSE Marketplace Ltd, has announced a partnership with Algoz, a digital asset trading firm with international operations, as mentioned in a press release shared with Invezz.  As TSE prepares to strengthen liquidity infrastructure and trading capabilities ahead of its targeted direct listing on Nasdaq in Q4 2026, Algoz

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