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US stocks mostly flat as investors brace for earnings packed week
Invezz· 2025-10-21 13:48
Stocks were little changed on Tuesday as investors paused following a strong rally in the previous session and weighed a wave of fresh corporate earnings. The Dow Jones Industrial Average rose 49 poin... ...
GM stock surges over 9% as automaker lifts profit forecast on lower tariff impact
Invezz· 2025-10-21 13:34
Core Insights - General Motors shares increased by over 9% following the company's announcement of an elevated annual core profit forecast, attributed to a lower-than-expected impact from tariffs and strong demand for trucks and SUVs [1] Financial Performance - The automaker raised its annual core profit forecast, indicating positive financial adjustments and expectations for the upcoming fiscal period [1] Market Reaction - The significant rise in General Motors' stock price reflects investor confidence and market optimism regarding the company's financial health and operational performance [1]
RTX stock soars over 6% on Tuesday: here's what's driving investor excitement
Invezz· 2025-10-21 13:12
RTX Corporation (NYSE: RTX stock) is lighting up pre-market trading today, jumping more than 6% following the aerospace and defense giant's impressive third-quarter earnings release. The Arlington-bas... ...
What next for the Salesforce stock price after the 30% dip?
Invezz· 2025-10-21 13:01
Core Viewpoint - Salesforce's stock price is currently in a deep bear market, having dropped over 30% from its peak this year, indicating significant volatility and investor concern [1]. Group 1: Stock Performance - Salesforce's stock (CRM) was trading at $255, reflecting a substantial decline from its highest point this year [1]. - The market capitalization of Salesforce has decreased from over $353 billion, highlighting the impact of the stock price drop on the company's overall valuation [1].
Coca Cola shares surge after posting strong Q3 earnings
Invezz· 2025-10-21 12:59
Core Insights - Coca-Cola reported third-quarter results that exceeded Wall Street estimates, leading to a rise in its shares during premarket trading [1] - The company reaffirmed its confidence in achieving its full-year and long-term growth targets [1] Financial Performance - The third-quarter results showcased strong performance metrics that surpassed analyst expectations [1] - The positive earnings report contributed to an increase in investor confidence in Coca-Cola's financial outlook [1] Market Reaction - Following the announcement of the earnings report, Coca-Cola's shares experienced a notable increase in premarket trading [1] - The market's positive response reflects investor optimism regarding the company's future performance [1]
GE stock hits record highs after strong Q3 earnings and raised full-year outlook
Invezz· 2025-10-21 12:41
Core Insights - GE Aerospace's shares reached record highs following the release of third-quarter earnings and revenue that significantly surpassed Wall Street expectations [1] Financial Performance - The company reported third-quarter earnings and revenue that exceeded analyst forecasts, indicating strong operational performance [1] - The specific figures for earnings and revenue were not disclosed in the provided text, but the performance was highlighted as notably better than expected [1] Market Reaction - Following the earnings report, GE Aerospace's stock price experienced a notable increase, reflecting positive investor sentiment and confidence in the company's future prospects [1]
Argo Blockchain to delist from the London Stock Exchange after creditor seized control
Invezz· 2025-10-21 12:35
Core Viewpoint - Argo Blockchain is exiting the London Stock Exchange following a court-supervised restructuring that has resulted in the main creditor taking control and significantly reducing the stakes of existing shareholders [1] Group 1: Company Actions - The company will delist from the London Stock Exchange as part of its restructuring process [1] - The restructuring is being conducted under court supervision, indicating a formal legal process to manage the company's financial difficulties [1] Group 2: Impact on Shareholders - Existing shareholders will see their stakes dramatically reduced as a result of the restructuring [1] - The main creditor's control over the company suggests a shift in ownership dynamics, which may affect future governance and strategic direction [1]
Dow futures trade in red on Tuesday: 5 things to know before Wall Street opens
Invezz· 2025-10-21 11:23
false Trading Ideas Stock Market Crypto Forex Economic Commodity Video World Dow futures trade in red on Tuesday: 5 things to know before Wall Street opens Written by Devesh KumarDevesh K. Devesh Kumar Sub-Editor Devesh Kumar Sub-Editor Devesh is a sub-editor at Invezz, where he writes and edits news reports. He is dedicated to clear communication, collaborative teamwork, and delivering practical financial insights. read more. Written onOct 21, 2025 Reading time 3 minutes Dow futures slipped around 70 point ...
AWS outage exposes global dependence on Amazon's cloud network
Invezz· 2025-10-21 09:08
Core Insights - Amazon Web Services (AWS) has successfully restored its systems following a significant internet outage that occurred on Monday, which disrupted global connectivity and halted operations across thousands of platforms [1] Group 1 - The outage highlighted the extensive scale of AWS's influence on global internet connectivity, affecting numerous businesses and services [1] - The restoration of services indicates AWS's resilience and capability to recover from major disruptions [1]
Coca-Cola to buy majority stake in African bottler CCBA in $2.6 bn deal
Invezz· 2025-10-21 07:31
Core Viewpoint - Coca-Cola HBC AG is set to acquire a 75% stake in Coca-Cola Beverages Africa (CCBA) for $2.6 billion, representing a significant expansion strategy for the company [1] Group 1: Acquisition Details - The acquisition involves a 75% stake in CCBA, which is a major player in the African beverage market [1] - The total investment for this stake is $2.6 billion, indicating a substantial commitment to growth in the region [1] Group 2: Strategic Implications - This move is one of Coca-Cola HBC AG's largest expansion efforts to date, highlighting its ambition to strengthen its presence in Africa [1] - The acquisition is expected to enhance Coca-Cola HBC AG's operational scale and market reach within the African continent [1]