Shipping giant Maersk raises outlook, CEO says global trade proving more resilient than feared
Shipping giant Maersk on Thursday raised its full-year operating profit forecast to between $9 billion and $9.5 billion.
Bank of England rate cut a close call ahead of the Autumn Budget
While the central bank is more likely to hold rates than not, it’s not a given, according to economists.
Stock futures slightly lower after AI trade recovers from pullback: Live updates
Stock futures slightly lower on Wednesday as investors’ jitters over AI stock valuations improved.
Asia-Pacific markets rise, tracking Wall Street gains as AI stocks rebound
Investors in the region are looking to Chinese autonomous vehicle firms WeRide and Pony.ai’s listing debut in Hong Kong later in the day.
Microsoft letting employees raise concerns about products after Middle East controversy
Microsoft employees can now request Trusted Technology Reviews when they want to report on concerning uses of the company’s products.
Chinese autonomous driving firm Pony.ai sees shares drop 12% in Hong Kong debut
Shares of two Chinese autonomous driving companies Pony.ai and WeRide both debuted in Hong Kong on Thursday.
E.l.f. Beauty stock plunges 29% on weak guidance, tariff impact
E.l.f. Beauty, which acquired Hailey Bieber’s beauty brand Rhode earlier this year, expects the brand to increase annual run rate revenue by $300 million.
Stocks making the biggest moves after hours: Snap, Arm Holdings, Figma, Lyft and more
These are the stocks posting the largest moves in extended trading.
FAA to cut flights by 10% at 40 major airports due to government shutdown
Transportation Secretary Sean Duffy announced Wednesday afternoon that he will be reducing flight capacity by 10% at 40 major airports.
Santoli’s Wednesday market wrap-up: Stocks quickly regain their footing after Tuesday’s one-day shakeout
The 1.2% S&P 500 decline Tuesday — driven largely by high-beta semiconductor and AI-levered tech stocks — never quite broke containment.