2024/05/13
In its first quarter 2024 earnings call, Terna, the Italian electricity transmission system operator, showcased a solid financial performance with a significant increase in investments and net income. The company announced a 65% increase in its 2024-2028 industrial plan investments, totaling €16.5 billion, and confirmed its financial guidance for 2024.
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BICO, a leading company in the bioprinting, bioscience, and bioautomation industries, reported its first-quarter financial results for 2024. During the earnings call, CEO Maria Forss and CFO Jacob Thordenberg discussed the company's financial performance, including a net loss of SEK 29 million and an adjusted EBITDA of negative SEK 9 million.
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The Dow Jones Industrial Average and other major indexes were mixed on Wednesday, but all remained above key levels even though Fed talk of postponing rate cuts is growing. Meanwhile, Tesla (TSLA) dropped on word of a government probe, while Intel (INTC) plunged on the stock market today amid reports of a ban on exports of its products to China.
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Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. Nvidia (NVDA) chipmaker Taiwan Semiconductor (TSM) will announce sales data Friday.
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Federal Reserve Governor Lisa Cook said the rise in lending by nonbank investment firms bears watching but doesn’t appear to have created excessive risk for the financial system.
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Wall Street’s enthusiasm for stocks faded after a four-day advance that drove the market to its longest winning run since March.
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WASHINGTON (Reuters) -The U.S. on Tuesday said it revoked some licenses that allow companies to ship goods, such as chips, to the sanctioned Chinese mobile phone and laptop maker Huawei Technologies.
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US stocks finished close to where they started Tuesday but largely built on a string of gains amid growing hopes for rate cuts later this year. Meanwhile, investors soured on Disney's (DIS) earnings, sending the stock down sharply.
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The Dow Jones Industrial Average and other major stock indexes held solid gains near midday Friday as Wall Street weighed a weaker-than-expected April jobs report and a big jump in Apple shares. Apple (AAPL) was one of the top gainers on the stock market today after the company reported earnings and announced a huge share buyback.
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Pathetic meanderings in the stock market disappeared as major indexes finished on a high note Friday. A weaker jobs report lifted hopes of a rate cut sooner rather than later. Apple (AAPL) soared after it announced its biggest buyback ever and second-quarter results.
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The Dow Jones Industrial Average and other indexes saw some gains fade at market close Wednesday after the Federal Reserve held rates steady and Fed Chairman Jerome Powell wasn't as hawkish as many feared.
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Buyers returned to the markets Thursday with gains accelerating in afternoon trading, as investors processed commentary from Federal Reserve Chair Jerome Powell. Also on the stock market today, Qualcomm (QCOM) broke out while car trading company Carvana (CVNA) catapulted on a surprise quarterly profit.
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The Dow Jones Industrial Average and other major stock indexes fell Wednesday, as Wall Street awaited the Federal Reserve's interest rate decision and Fed Chairman Jerome Powell's comments. Meanwhile, Amazon (AMZN), Advanced Micro Devices (AMD) and Super Micro Computer (SMCI) had mixed results on the stock market today after reporting earnings.
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Major indexes were mixed in afternoon trades as the Dow Jones Industrial Average added slivers to early gains while other indexes fell Wednesday in anticipation of Federal Reserve Chairman Jerome Powell's post-Fed meeting remarks. Meanwhile, Nvidia (NVDA) fell in sympathy as other artificial intelligence players plunged on earnings. And electric-car giant Tesla (TSLA) slipped on the stock market today as rivals reported April deliveries.
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The Dow Jones Industrial Average closed higher Monday while Trump Media & Technology (DJT) surged clear of a key benchmark. Tesla (TSLA) soared amid a boast from CEO Elon Musk, but fellow Magnificent Seven components Alphabet (GOOGL) and Meta Platforms (META) fell on the stock market today. And famed investor Cathie Wood loaded up on a diving AI stock.
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The Dow Jones Industrial Average and other major stock indexes fell Tuesday, as Wall Street braced for the start of the Federal Reserve's two-day policy meeting. Meanwhile, Tesla (TSLA) dropped sharply on the stock market today amid reports of new layoffs, and Amazon (AMZN) earnings are due after the close.
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The major indexes retreated Tuesday morning, with the Nasdaq, Dow Jones Industrial Average and S&P 500 down modestly. Tesla (TSLA) weighed the Nasdaq while Eli Lilly (LLY) was a leader in the stock market today.
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Zhitong Finance APP learned that the stock price of Deutsche Bank (DB.US) fell on Monday. As of press time, the stock fell more than 8% to US$16.255. According to the news, Deutsche Bank will set aside about 1.3 billion euros in reserves for cases related to its 2010 acquisition of Deutsche Postbank.
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| In early U.S. trading on Monday (April 29), the yen/dollar exchange rate surged after hitting its lowest level in 34 years amid speculation that the Japanese government would intervene for the first time since 2022 to support the troubled yen.
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