Nike (NKE) Stock Tanks 9% on Rising Inventories and Weak Margins in Q1 2023
Nike has been dealing with major inventory challenges amid supply chain issues, Covid-19 shutdowns in China, and waning consumers demand in China.
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Apple Stock Downgrade Sends Microsoft, Alphabet, Other Tech Shares Lower
By Tolu Ajiboye
Apple’s stock downgrade by Bank of America has sparked a fresh tech selloff which sees Alphabet, Microsoft, Tesla, others impacted.
US Tech IPO Market Experiencing Worst Year Since 2008 Global Financial Crisis
By Tolu Ajiboye
The IPO market for US tech firms for this year has been the worst since 2008’s financial crisis due to several economic factors.
Shares of Leapmotor and Onewo Sink after Hong Kong IPOs
Leapmotor and Onewo saw their shares shrink after making their first appearances in the stock market.
European Stock Market Slumps as Bank of England’s Capital Cushion Fades
The overselling that is currently being seen in European stock may be extended, according to Wells Fargo’s Chris Harvey.
Bank of England Intervenes to Stabilize Market and Control Falling Pound
To stabilize the falling pound, the Bank of England swung into action on Wednesday announcing the purchase of its long-dated government bonds.
Ark Invest Stocks Up 729,000 Shares in Space SPAC Rocket Lab
The asset management company noted that its ETFs ARKQ and ARKK, which target autonomous technology and space exploration, made the purchase.
Apple (AAPL) Stock Comes under Pressure over Concerns on iPhone 14 Demand
In its early days of launch, iPhone 14 is seeing weaker demand in one of Apple’s most formidable markets in China. The global macros are playing a key role in the demand drop worldwide.
China’s Renminbi Falls Most against USD Since 2008, China Eases Support for Currency
The Chinese central bank has intervened to support the Renminbi by setting stronger-than-expected Renminbi fixings for 25 straight sessions.
S&P 500 Futures Plunge to New Low amid Sustained Inflation Fears
By Tolu Ajiboye
S&P 500 futures declined further to set a new low record as Wall Street observers ponder what could come next.
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Stock Market News
Stock market news offers you daily updates on the latest information about trading tendencies, market bulls, stakeholders, and analytics on recent cryptocurrency news. The market analysis includes cutting edge evaluation and live trends of market assets, market data, fiat currencies, and digital currencies being brilliant supportive tools for making suitable decisions.
Also known as the share market, stock market is where buyers and sellers of stocks and market commodities meet for exchange. The goal of every investor is to make the best profit and as such, the market serves as a meeting point for business stakeholders and investors to connect.
Traders and investors usually prefer to use popular and trusted exchange platforms since they feature the highest number of buyers and sellers of commodities. The high number of users on exchange platforms also means that one could get a wider range of deals from which one chooses the best.
Financial exchange is one of the most significant ways for organizations to raise funds, alongside debt markets which are commonly compelling yet don’t exchange openly. This permits establishments to be traded on an open market, and raise extra monetary capital for development by selling the firm’s shares in an open market.
The liquidity that the exchange platforms bear to traders allows their holders to rapidly and effectively sell securities. This is an alluring element of putting resources into stocks, contrasted with different less fluid ventures, for example, property and other static properties.
Stay tuned to get cutting edge financial analysis on best performing global market stocks including live stock market data, news, reports, analysis, stock quotes, and financial earnings on Coinspeaker.
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