Market News

Market

LVMH Shares Take a Dive: A 5% Drop Following a Sharp Decline in Net Profit

LVMH Moet Hennessy Louis Vuitton's stock fell over 5% after reporting a 17% drop in net profit and a 2% decrease in revenue for fiscal 2024, signaling potential challenges in the l...

Market

US Stock Market Shows Mixed Signals in Premarket as Federal Reserve Decision and Major Earnings Reports Loom

The US stock market showed mixed signals in the premarket as investors awaited the Federal Reserve's monetary policy decision and earnings reports from major companies like Meta, M...

Market

Switzerland Announces Removal of EU from Stock Exchange Protection List by 2025

Switzerland's Federal Council has decided to remove the EU from its stock exchange protection list by May 2025, a move expected to benefit Swiss businesses and enhance financial re...

Market

Global Oil Prices Dip by 1% Following Egypt's Announcement of New Oil Reserves Discovery

Egypt's discovery of new oil reserves and a rise in US crude oil inventories have led to a 1% drop in global oil prices, with significant implications for the market.

Market

Trump Media Surges Over 15% Following Announcement of New FinTech Venture, Truth.Fi

Trump Media & Technology Group Corp. announced the launch of a new FinTech brand, Truth.Fi, leading to a 15% stock surge. The company plans a $250 million investment in digital cur...

Market

Anticipation Builds as US Stock Markets Await Federal Reserve's Rate Decision

As the US Federal Reserve's rate decision looms, stock markets opened flat to lower. Key corporate earnings from Meta, Microsoft, Tesla, IBM, and Levi Strauss are anticipated. The ...

Market

CME Group Expands Crypto Offerings with New Bitcoin Friday Futures Options

CME Group is set to launch options on Bitcoin Friday futures starting February 24, pending regulatory approval. These options will offer daily expirations, providing market partici...

Market

Wall Street Reacts: Dow Drops 230 Points Following Federal Reserve's Decision to Hold Rates Steady

Following the Federal Reserve's decision to maintain interest rates, Wall Street experienced a downturn with the Dow Jones Industrial Average dropping 234 points. The Nasdaq 100 an...