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Japan Stocks Recover Majority

Japan Stocks Recover Majority of August Losses, JPM Maintains Overweight Rating

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JPMorgan Maintains Confidence in Japanese Stocks JPMorgan analysts remain overweight on Japanese stocks. A recent rebound helped recover much of the losses from August. Fund flow data also shows some foreign buying, adding to the positive sentiment. Nikkei 225 and TOPIX Bounce Back Strongly The Nikkei 225 and TOPIX indexes are trading near their highest …

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Global-e Online stock drops

Global-e Online Shares Drop 10% Amid Larger-Than-Expected Losses

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PETAH-TIKVA, Israel – Global-e Online Ltd. (NASDAQ: GLBE) released its second-quarter results, surpassing revenue expectations but reporting a wider loss than anticipated. This led Global-e Online stock drop to a sharp 10% decline in its shares during premarket trading on Wednesday. Global-e Online Shares Drop For the quarter ending June 30, Global-e posted a loss …

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Huya's Stock Surges

Huya’s Stock Surges 10% Following Strong Q2 Earnings Beat”

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On Tuesday, Huya’s stock surges (NYSE: HUYA), a Chinese game live streaming platform, saw its stock rise by 10.5% during pre-market trading. The increase followed the release of second-quarter earnings that exceeded analyst expectations. Huya’s Stock Surges Huya’s stock surges reported adjusted earnings per share of RMB 0.47 ($0.06), which surpassed the consensus estimate of …

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Ola Electric shares surged

Ola Electric shares surged 20% after listing at the same price as the IPO.

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Ola Electric shares surged made a modest entry into the stock market, with its shares listing at ₹76 on the NSE, matching the issue price. Similarly, the stock began trading at ₹75.99 on the BSE. Despite the quiet start, the stock hit a 20% upper circuit limit on August 9. Ola Electric Shares Surged Before …

Ola Electric shares surged 20% after listing at the same price as the IPO. Read More »

Meta stock soars

Meta stock soars on strong Q2 results and upbeat guidance

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Meta stock soars on Wednesday issued better-than-expected guidance for the current quarter after reporting second-quarter results that beat analyst estimates on both the top and bottom lines. Stock Performance and Earnings Meta Platforms Inc (NASDAQ) saw its stock rise around 7% in premarket trading on Thursday. For the three months ended June 30, the company reported …

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ITW Shares Rise

ITW Shares Rise 4% On Solid Forecast And Q2 Earnings Beat.

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ITW Shares Rise 4% On Solid Forecast And Q2 Earnings Beat, surpassing analyst estimates by $0.06. Revenue Miss and Stock Surge Despite the revenue falling short at $4 billion against the consensus estimate of $4.08 billion, ITW shares rose 4%. This increase was driven by the company’s optimistic full-year earnings guidance. Quarterly Performance Highlights Revenue …

ITW Shares Rise 4% On Solid Forecast And Q2 Earnings Beat. Read More »

Gentex Stock Drops

Gentex Stock Drops 6% After Second-Quarter Earnings Disappointed.

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Gentex Stock Drops Gentex stock drops , a prominent player in digital vision and connected car technologies, reported a disappointing second-quarter earnings per share (EPS) of $0.37. This result fell short of the analyst consensus of $0.52. Revenue also lagged behind expectations, totaling $572.9 million compared to the forecasted $622.98 million. Following these results, Gentex’s …

Gentex Stock Drops 6% After Second-Quarter Earnings Disappointed. Read More »

Apple's stock is up

Apple’s stock is up 30% since the second quarter

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Apple’s stock is up 30% since the second quarter, with all eyes now on the tech giant’s upcoming earnings report scheduled for August 1. Apple’s stock is up Bernstein analysts expect Apple Inc (NASDAQ) Q3 earnings to align closely with consensus estimates. They project revenues of $83.7 billion, a 2.3% year-over-year increase, compared to the …

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Virtu Financial Shares Rises

Virtu Financial Shares Rises 3% Following Solid Q2 Results

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Virtu financial shares rises, a leading technology-enabled market maker and liquidity provider to global markets, announced a substantial earnings and revenue beat for the second quarter ending June 30, 2024. Virtu Financial Shares Rises The company reported earnings per share (EPS) of $0.83, significantly higher than the analyst consensus of $0.60, beating expectations by $0.23. …

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Bharti Hexacom shares jump

Bharti Hexacom shares jump 9% intraday as JPMorgan becomes overweight.

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Bharti Hexacom shares jump saw a notable surge of up to 9.5 percent on July 16, following the global brokerage firm JPMorgan’s initiation of coverage with an ‘overweight’ rating. This move has sparked significant interest among investors and traders, leading to higher trading volumes and increased market activity. Bharti Hexacom Shares Jump JPMorgan’s endorsement of …

Bharti Hexacom shares jump 9% intraday as JPMorgan becomes overweight. Read More »

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