July 01, 2022

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Home Tag Archives: Market Insider

Tag Archives: Market Insider

Business

Chinese plans to save hit a record high in Q2; job concerns rise

By The Texas Chronicle
1 day ago
in :  Business
0
5

Education remained the most popular category for Chinese consumer’s planned spending, according to a People’s Bank of China survey in the second quarter of 2022. China News Service | China News Service | Getty Images BEIJING — Chinese consumers’ inclination to save is at its highest in two decades, the People’s Bank of China found in a second quarter survey. …

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Business

Bed Bath & Beyond, Carnival, Upstart and more

By The Texas Chronicle
2 days ago
in :  Business
0
5

A security guard stands next to a Bed Bath & Beyond sign at the entrance to a New York City store location. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Bed Bath & Beyond — Shares of the retailer plummeted about 21% after the company missed revenue estimates and posted a wider-than-expected loss in the recent quarter. …

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Business

FCC commissioner tells Apple, Google to remove TikTok from app stores

By The Texas Chronicle
2 days ago
in :  Business
0
3

A leader of the U.S. Federal Communications Commission said he has asked Apple and Google to remove TikTok from their app stores over data security concerns. Pictured here is the TikTok download page on an Apple iPhone on August 7, 2020. Drew Angerer | Getty Images News | Getty Images BEIJING — A leader of the U.S. Federal Communications Commission …

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Business

Nike, Spirit Airlines and more

By The Texas Chronicle
3 days ago
in :  Business
0
4

Take a look at some of the biggest movers in the premarket: Nike (NKE) – Nike fell 2.4% in premarket trading despite reporting better-than-expected quarterly profit and revenue. The athletic apparel and footwear maker forecast current-quarter revenue below analysts’ estimates amid increased promotional activity and ongoing disruptions in its profitable Chia market. Spirit Airlines (SAVE) – Spirit added 4% in …

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Business

Tencent wants to be foreign automakers’ go-to company for EVs in China

By The Texas Chronicle
4 days ago
in :  Business
0
5

BMW’s iX electric SUV in China was the first global car brand to include the automobile version of Tencent’s WeChat messaging app, according to the Chinese tech company. Tencent BEIJING — Chinese internet giant Tencent wants to sell technology which the company says will help foreign automakers that want to sell cars in China’s massive electric vehicle market. BMW and some U.S. automakers are already working …

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Business

Stock futures were little changed following a major comeback week for stocks

By The Texas Chronicle
4 days ago
in :  Business
0
7

Traders on the floor of the NYSE, June 15, 2022. Source: NYSE U.S. stock futures were little changed on Sunday night following a major rebound last week from this year’s steep declines. Despite the bounce, Wall Street is preparing to wrap up the worst first half for stocks in decades. Dow Jones Industrial Average futures edged up 13 points, or …

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Business

Carnival, FedEx, Zendesk and more

By The Texas Chronicle
7 days ago
in :  Business
0
9

The Carnival Paradise cruise ship arrives in port June 30, 2017 in Havana, Cuba. Alexander Creutzmann | Mambo photo | Getty Images Here are the stocks making headlines in midday trading: Carnival Cruise Lines – Shares of Carnival Cruise Lines jumped 11% after the travel company said it had its best booking volumes since the start of the pandemic during …

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Business

CarMax, FedEx, Seagen and more

By The Texas Chronicle
7 days ago
in :  Business
0
10

Check out the companies making headlines before the bell: CarMax (KMX) – The automobile retailer beat estimates by 7 cents with quarterly earnings of $1.56 per share, and revenue that also beat analyst forecasts amid what the company called a “challenging” used vehicle market. CarMax added 1.1% in the premarket. FedEx (FDX) – FedEx rallied 3.4% in premarket trading after …

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Business

JPMorgan picks stocks to play a part of China that’s flown under the radar

By The Texas Chronicle
1 week ago
in :  Business
0
8

Consumers in China’s smaller cities are more willing to spend than those in large, well-known Chinese cities like Shanghai that have had to battle Covid this year, JPMorgan analysts said, citing an American consumer branding expert in China. “There is an untold story about the stronger economic growth outside [Tier] 1/2 cities, and in the rural areas,” the June 14 …

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Business

Stock futures fall slightly as Wall Street looks to snap losing streak

By The Texas Chronicle
1 week ago
in :  Business
0
7

Stock futures slipped on Thursday evening as Wall Street looked to grind out a rare positive week in what has been a rough first half of the year. Futures tied to the Dow Jones Industrial Average fell 99 points, or 0.3%. Futures for the S&P 500 dipped nearly 0.4%, while Nasdaq 100 futures lost 0.4%. The moves in futures come …

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