Top Stock News

Finnish telecom gear group Nokia reported a decline in second-quarter profit due to slowing demand in North America, despite growth in sales of 5G gear in low-margin markets like India.

The Nikkei 225 index in Tokyo closed 1.31% lower on Thursday, with losses primarily driven by the Transportation Equipment, Fishery, and Food sectors.

The S&P/ASX 200 index in Australia closed slightly higher with gains in the Financials, IT, and Industrials sectors.

European stock markets show mixed trends as investors assess corporate earnings, with the tech sector under pressure due to weak cues from Wall Street.

The U.S. Department of Agriculture (USDA) is teaming up with 31 states and Washington, D.C., to address price fixing and other anticompetitive practices in the food and agriculture sectors.

Microsoft announces the expansion of its suite of free security tools for customers after facing criticism for charging clients to protect against security vulnerabilities.

China’s carmakers are gaining significant traction in Russia’s auto market, capitalizing on the departure of Western players following sanctions and the Ukraine conflict.

Netflix’s second-quarter revenue falls short of analyst estimates, leading to a nearly 9% drop in after-hours trading.

TSMC, the leading chipmaker, predicts a 10% sales drop in 2023 as the global chip demand slows down.

Inditex, the parent company of Zara, has reached an initial agreement to transfer the operation of its 15 stores in Argentina and Uruguay to Panama-based Regency Group.

World share markets show a cautious stance as investors await upcoming central bank meetings. Disappointing earnings from Netflix and Tesla also weigh on Wall Street futures.

German rival alfaview has filed an EU antitrust complaint against Microsoft for bundling its video app Teams into the Office product, giving it a competitive advantage.