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Meta stock surges after Q2 results beat expectations despite heavy AI spending

Digital Desk -
Meta has posted stronger-than-expected results for the second quarter, buoyed by growing ad revenue even as its expenses increased. Shares in the Facebook owner surged...
MARKETS

Marijuana industry soars as Democrats lead in Georgia

Digital Desk -
The marijuana industry is booming as the Georgia Senate Runoff election is underway, and the results lean towards the Democrats. Stock leaders such as Tilray...
MARKETS

China threatens retaliation over NYSE delisting of companies

Digital Desk -
The Chinese government has said it would take necessary counter-measures in response to the New York Stock Exchange’s announcement that it would delist three...
BUSINESS

New York Stock Exchange to delist three Chinese companies under Trump order

Digital Desk -
Three Chinese companies will be booted off the New York Stock Exchange this month under an executive order signed in November by US president...
MARKETS

Wall Street up as recovery hopes overshadow coronavirus concerns

Digital Desk -
Stocks surged on Wall Street in early trading, driving the S&P 500 to its highest level in nearly three months as hopes for economic...
WORLD NEWS

European markets lower following stimulus surge on Wall Street

Digital Desk -
Shares have fallen in Europe after a mixed day in Asia, where Tokyo’s Nikkei 225 jumped while Australia’s benchmark sank 5%. US futures were also...
MARKETS

FTSE has best day on record as traders hope for US coronavirus bill

Digital Desk -
The 100 companies on Britain’s main stock index have added more more than £113 billion to their combined value, in the FTSE 100’s best...
MARKETS

US stocks suffer worst losses since Black Monday crash of 1987

Digital Desk -
The escalating coronavirus emergency has sent US stocks to their worst losses since the Black Monday crash of 1987. The plunge extended a sell-off that...
MARKETS

Ryanair to change share buyback plans due to Brexit

Digital Desk -
Ryanair will change the way it conducts a €700m share buyback programme due to fears over a no-deal Brexit, the company said. Bosses revealed in...
BUSINESS

Marijuana stocks set to boom in 2019

Digital Desk -
Pot stocks have brought interest among investors with their curiosity in the potential booming recreational and medical marijuana market. What is it that has...
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