Starbucks stock is trading in red today: here are the reasons
Shares of Starbucks came under pressure after RBC Capital Markets downgraded the coffee giant, citing rising labor costs, elevated investor expectations, and uncertainty
Business
Business
Macy’s stock jumps 7% on earnings beat as sales surprise, outlook mixed
Shares of Macy’s surged on Wednesday after the department store chain reported stronger-than-expected fourth-quarter results, driven by improving comparable sales and resilient higher-income
Business
Why Tesla stock is down in the red today
Shares of Tesla fell in early Wednesday trading, slipping to $398.75, as broader US markets came under pressure following a stronger-than-expected inflation reading.
Stocks
Metaplanet Moves 4,986 BTC to New Wallets; Stock Drops 12%
Metaplanet transferred 4,986 BTC ($368M) from dormant wallets, marking its first major activity in three months. The company aims to acquire 210,000 BTC,
Investing
EUR/CHF and USD/CHF forecasts ahead of the SNB, FOMC decisions
The Swiss franc will be in the spotlight this week, as investors focus on the upcoming Federal Reserve and Swiss National Bank (SNB)
Investing
USD/ZAR forecast as South Africa rebounds ahead of Fed, SARB decisions
The South African rand is staging a comeback this week, paring back some of the recent losses that started in February. The USD/ZAR
Economy
Why Germany’s economy is collapsing faster than anyone expected?
Germany is in the midst of a slow-motion economic unravelling — one that is almost entirely self-inflicted. Once the uncontested engine of European
Economy
Unilever share price slips as it considers another big spin off
Unilever share price remains in a technical correction after falling by 13% from its highest point this year. It has dropped to 4,800p
Economy
Tencent earnings beat forecasts as AI drives gaming, ads growth
Tencent reported stronger-than-expected results for 2025, with revenue surpassing analyst estimates as artificial intelligence plays a larger role across its business lines. The
Economy
Gold slips below $5,000 as experts see limited boost from Fed decision
The US Federal Reserve meeting outcome later on Wednesday is unlikely to deliver any kind of momentum to gold prices, according to experts.