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Stock Markets · PhilippinesHONG KONG, China — Markets were mixed on Friday after forecast-topping earnings from Microsoft and Alphabet helped soothe worries that a tech-fuelled rally may have been overdone, while the yen hit a fresh 34-year low after the Bank of Japan stood pat on interest rates. However, the mood was clouded by fresh worries about the economic outlook after worse-than-expected US data combined with a forecast-topping print on core inflation that fanned s…See the Story
Asian markets mixed as strong US tech earnings offset poor data
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Stock Markets · Port HuronBy Naomi Rovnick and Rae Wee LONDON/SINGAPORE (Reuters) -Global stocks were teetering on Friday towards their worst month since September, although futures markets predicted strong tech earnings would spark a Wall Street relief rally later in the day that would help traders recoup some losses. Japan’s yen was volatile, hitting a fresh 34-year low after the Bank of Japan (BOJ) kept monetary policy loose at its latest policy meeting, then rebound…See the Story
Stocks face worst month since September, yen swings after BoJ
SnapchatIn a refreshing twist, Snapchat (NYSE: SNAP) saw a major boost in its stock after releasing its Q1 earnings, surpassing expectations by a large margin. In after-hours trading, the stock soared by as much as 30%. A positive momentum carried over into premarket trading, with gains nearing 25%, pushing SNAP shares to $14.20 from their closing price of $11.40. SNAP stock premarket gains on April 26. Source: Google Finance
Following this significant…See the Story
Snapchat stock surges 25% in a day; Can SNAP reach $20?
Stock Markets · VietnamVingroup's VIC stock reacted positively to the announcement that the chairman of the National Securities Board had announced that he would provide up to a billion dollars in private equity to VinFast, along with a pledge not to give up the car company.See the Story
Vingroup shares shriveled after the announcement from the chairman, the stock group "bad" for KRX.
Stock Markets · Russia"The threat of an operationally significant Russian approach in the coming weeks remains, although the Ukrainian leadership may now feel more free to take short-term risks with the remaining stocks to prevent such a process, knowing that more material will soon arrive," the US Institute explains in the report. Therefore, the situation on the front is now likely to continue to deteriorate, according to the ISW. "Especially if the Russian troops i…See the Story
Russia's June "storm" is under threat, but analysts warn against what's coming now
Meta · FinlandSocial media giant Meta topped earnings forecasts, but the stock squatted in after-hours trading. The company is investing heavily in artificial intelligence already this year. Next year, the pace will pick up.See the Story
More than $30,000,000 in artificial intelligence — Facebook's parent company is investing quite a bit
Stock Markets · ItalyOn Friday, the Lisbon Stock Exchange closed its trading session against most of the major European markets, with the PSI gaining 0.19% to 6.513.31 points, driven by BCP, Sonae and Galp. Of the 16 stock market indices integrating the PSI, four went up, 10 fell and two remained unchanged. In the rest of Europe, London went up 0.48%, while Frankfurt fell 0.95%, Paris down 0.93% and Madrid down 0.40%. Find out more: Europe's buoyant stock markets aw…See the Story