Wenjin Chen | Digitalvision Vectors | Getty Images Britain’s financial services regulator announced guidelines for financial services companies and social media influencers making memes about cryptocurrencies and other investments in a bid to tackle a rise in scams. The Financial Conduct Authority said in a statement Tuesday that any marketing for financial products — including…
Check out the companies making headlines in extended trading. GameStop — The video game retailer tumbled 15% after reporting shrinking revenue compared with the same period a year ago. GameStop posted $1.79 billion in the fourth quarter, lower than the $2.23 billion seen in the comparable three-month period in the year before. But the company…
Check out the companies making headlines in midday trading. Krispy Kreme — Krispy Kreme popped nearly 30% and headed for its best day on record. McDonald’s plans to sell the company’s doughnuts at its restaurants nationwide by the end of 2026, with the initial rollout beginning later this year. McDonald’s shares were little changed. Trump…
A pedestrian in the Lagos Island district of Lagos, Nigeria, on Monday, Nov. 14, 2022. Bloomberg | Bloomberg | Getty Images The Central Bank of Nigeria on Tuesday hiked its key interest rate by 200 basis points, as Africa’s largest economy looks to recover from a historic currency crisis and soaring inflation. The CBN announced…
Workers collect dry cocoa beans in front of the store of a cocoa cooperative in the village of Hermankono on Nov. 14, 2023. Sia Kambou | Afp | Getty Images Cocoa hit a record Tuesday as supply constraints fuel prices higher. Futures for May delivery were up 3.9% at $10,030 per metric ton, marking the…
Check out the companies making headlines in premarket trading. Krispy Kreme — Shares surged nearly 14% premarket after the company said it will sell its donuts in McDonald’s restaurants nationwide by the end of 2026 , with the rollout beginning in the second half of this year. Krispy Kreme began testing sales at some McDonald’s…
Check out the companies making headlines in midday trading. Boeing — Shares ticked up 1.6% after the aerospace company said earlier on Monday that CEO David Calhoun would step down at the end of 2024. Board chairman Larry Kellner will also step down, the company added. Masimo — The medical technology company climbed nearly 5%.…
Check out the companies making headlines in premarket trading. Boeing — Shares of the aerospace giant rose more than 2% after the company announced CEO Dave Calhoun was stepping down at the end of the year. Board Chairman Larry Kellner is also resigning. Masimo — Shares soared nearly 12% following the medical technology company’s announcement…
A man jogs along the riverfront with the city skyline pictured in the background at Marina Bay on February 5, 2022 in Singapore. Suhaimi Abdullah | Nurphoto | Getty Images The total value of private equity deals in Asia Pacific last year fell to its lowest since 2014 as fundraising dropped to a 10-year low…
Investment analysts have upgraded at least three U.S.-listed Chinese stocks to buy so far this month. The positive view comes as the many Chinese companies are reporting earnings for the last three months of 2023 and the full year. While many analysts are skeptical China can meet its “around 5%” growth target for 2024 without…
