Encouraged by online sales, Nordstrom raises full-year profit forecast
Upscale department store Nordstrom Inc saw its shares soar as much as 14 percent in after-hours trading on Thursday, after reporting better-than-expected quarterly same-store sales growth, as more people shopped at its online stores.
Nvidia forecast lags Wall Street as crypto demand evaporates
Nvidia Corp shares fell as much as 5 percent in after-hours trading on Thursday after the chip maker said cryptocurrency-fueled demand had dried up and it forecast sales below Wall Street targets, overshadowing quarterly results that otherwise beat ex…
First crack at Musk could give top Tesla funds an edge
Information about Elon Musk’s efforts to take Tesla Inc private is scarce. But some small investors wonder if top funds have an edge.
Wall St. rallies on solid earnings, U.S.-China trade talks
U.S. stocks rebounded on Thursday with the Dow posting its biggest percentage gain in over four months, as positive earnings and waning trade jitters buoyed investor confidence.
SEC pressing Tesla directors for details on communications with Musk: Wall Street Journal
Federal regulators are pressing Tesla Inc’s directors for details on how much information Chief Executive Elon Musk shared with them before he tweeted last week about a potential deal to take the company private, the Wall Street Journal reported on Th…
Stocks, emerging market currencies rise on planned U.S.-China trade talks
U.S. stocks and emerging market currencies rebounded on Thursday after China said it will hold trade talks with the United States this month and Turkey’s lira continued its recovery.
Turkey will emerge stronger from lira crisis despite row with U.S.: minister
Finance Minister Berat Albayrak assured international investors on Thursday that Turkey would emerge stronger from its currency crisis, insisting its banks were healthy and signaling it could ride out a dispute with the United States.
Global stocks, emerging market currencies rise on planned U.S.-China trade talks
U.S. stocks and emerging market currencies rebounded on Thursday after China said it will hold trade talks with the United States later in August and Turkey’s lira continued its recovery.
Wall St. rebounds as Walmart beats, trade worries ease
U.S. stocks bounced back on Thursday, with the Dow setting a course for its best day in over four months, as a series of positive earnings and waning trade jitters girded investor confidence.
Turkey does not wish to have problems with U.S.: foreign minister
Turkey does not wish to have problems with the United States and the two NATO allies could easily overcome their differences but not with the current U.S. approach, Foreign Minister Mevlut Cavusoglu said on Thursday.
