Equity Markets

Vacancies are climbing and rents are sinking amid a stalled return-to-office rate. Vacancies are climbing and rents are sinking amid a stalled return-to-office rate. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us…

The lowered view, coupled with weaker-than-expected earnings, sent shares down Friday. The lowered view, coupled with weaker-than-expected earnings, sent shares down Friday. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not…

Alibaba’s shares fell after revenue missed forecasts; Tencent and Baidu saw more marked upturn. Alibaba’s shares fell after revenue missed forecasts; Tencent and Baidu saw more marked upturn. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the…

The short-term rental company reported higher revenue and profit in the first quarter, but customers reserved fewer-than-expected stays. The short-term rental company reported higher revenue and profit in the first quarter, but customers reserved fewer-than-expected stays. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to…

British oil major BP beat expectations in the first quarter on strong results from trading oil and gas, and said it will buy back a further $1.75 billion in shares. BP’s first-quarter underlying replacement-cost profit—a metric similar to net income that U.S. oil companies report—of $4.96 billion exceeded the $4.27 billion average forecast by 25 analysts in a survey compiled by the company. It compared with $6.25 billion a year prior. British oil major BP beat expectations in the…

Results from the big tech companies have sparked investors’ hopes that the worst of the postpandemic hangover is fading, but they also show how much growth has slowed. Companies as varied as Amazon . com Inc., Google-parent Alphabet Inc., Meta Platforms Inc. and Intel Corp. signaled to investors in recent days that the brutal slowdown in sales growth that began as people emerged from the pandemic and re-engaged with daily routines was coming to an end.  Results from the big tech…

The Biden administration is looking to address actions taken by U.S. banks to unbank certain customers and groups over their perceived connections to higher money-laundering risks.  Banks’ decisions to limit exposure to certain categories of customers over increased illicit finance risks could hurt those communities and pose a national security risk by driving financial activities out of the regulated banking system, the U.S. Treasury Department said.  “Broad access to well-regulated financial services is in the interest…

Economically sensitive stocks, like those of transportation and small-cap companies, are trailing the broader market, reflecting growing investor concern about a potential recession. The Dow Jones Transportation Average, which tracks 20 large U.S. companies ranging from airlines to railroads to truckers, has underperformed the Dow Jones Industrial Average by about 8.3 percentage points since early February. Shares of Norfolk Southern Corp. , American Airlines Group Inc. and J.B. Hunt Transport…

Faltering earnings growth and high valuations are factors that could undercut stocks’ tendency to rise after rates peak. Faltering earnings growth and high valuations are factors that could undercut stocks’ tendency to rise after rates peak. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

This week’s kickoff to the corporate earnings season offers the next trial for the market as investors consider whether U.S. stocks can hold on to recent gains in the face of deteriorating profits.Analysts expect companies in the S&P 500 to report a second consecutive decline in quarterly earnings. First-quarter profits are projected to drop 6.8% from the same period a year earlier, according to FactSet. That would mark the steepest earnings decline since the second quarter of 2020, when the onset of the Covid-19…