Hong Kong Stock Market Takes Lead in Asia-Pacific Market Rally
The Asia-Pacific markets displayed a positive trend, with gains observed in South Korea, Japan, mainland China, and Australia.
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Europe Stocks Climb Higher after US Congress Approve Bill to Increase Debt Ceiling
By
Tolu Ajiboye
Stocks in Europe and Asia have risen in response to the debt ceiling increase approved by lawmakers in the US.
Lululemon Announces Better than Expected Fiscal Q1 2023 Results, LULU Shares Up 13%
For the second quarter, Lululemon Athletica expects to report net revenue of between $2.140 billion and $2.170 billion, thereby representing growth of approximately 15 percent.
GameStop Partners with Telos Foundation to Support Web3 Gaming via Blockchain Technology
By
Tolu Ajiboye
The partnership between GameStop and Telos Foundation will attract new users by leveling Web3 barriers preventing widespread adoption.
Mark Zuckerberg Unveils Meta Quest 3 VR Headset Priced at $499, Shares Jump 3%
Compared to Quest 2, the new Meta Quest 3 comes with a 49 percent slimmer optic profile, thus a more comfortable headset for users.
Macy’s Shares Drop after Reporting Mixed Q1 2023 Earnings and Lowered Its Full-Year Outlook
Macy’s noted that Nike will return to its stores, starting from October this year.
Retail Giant Nordstrom Tops First-Quarter Sales Expectations Even with Less Shopping
Despite weakening sales, Nordstrom managed to beat street expectations. The JWM stock price surged by 8% in the pre-market trading on Thursday.
Salesforce Beats Projections in Fiscal Q1 2024, Lifts Full-Year Guidance
Although Salesforce raised its earnings forecast for FY24, the revenue prediction remains intact.
Global Stock Market Shows Differing Growth Strides as Inflation Fears Remain
Of the key markets in the Asia Pacific region, only the South Korean Kosdaq saw a slight uptick.
Tesla (TSLA) Shares Gain 4% as Elon Musk Pushes to Repair US and China Foreign Relations
Tesla is already constructing a mega factory in Shanghai to ramp up energy storage for its current and upcoming models including the Cybertruck.
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