European Court Annulls Covid-19 State-Aid Approvals by Air France-KLM
Air France-KLM contemplates appeal after European court annuls EU state-aid approvals during Covid-19 crisis. Discussions with French government and European Commission anticipated.
Increase in U.S. Homeowners Mortgage Delinquencies
U.S. homeowners are experiencing an increase in mortgage delinquencies, particularly on FHA and VA loans. While concerning, experts emphasize it does not signal a market crash.
European Stocks Experience a Decline
European stocks face a downward trend with declines in major indices and Stoxx Europe 600 constituents. Teleperformance SE sees significant increase while currency and commodity movements impact market.
Micron's Strong Quarterly Results Exceed Expectations
Micron's quarterly report exceeds predictions with smaller loss, higher revenue, and positive outlook for the future.
Real Estate Stocks Face Pressure: Blackstone Mortgage Trust Under Scrutiny
Real estate stocks, including Blackstone Mortgage Trust, are facing scrutiny as a renowned short seller questions the security of their dividends due to loan refinancing concerns. The industry has faced challenges, but Blackstone Mortgage T...
U.S. Crude Oil and Gasoline Inventories Rise
U.S. crude oil and gasoline inventories saw an increase last week due to higher refinery production and a record level of U.S. crude output. This rise in inventories has significant implications for the global oil market.
Top Glove Records Narrower Loss in Q1
Top Glove Corp. Bhd. reports a narrower loss in Q1 thanks to cost control efforts. Sales volume increased by 5% and they anticipate future glove demand growth of 8%.
European Stocks Rise as Stoxx Europe 600 Index Finishes Up 0.36%
The European stock market saw positive movement as the Stoxx Europe 600 index gained 0.36%. Top performing stocks included Orron Energy AB, Auto1 Group SE, and Worldline S.A.
Enphase Energy Implements Restructuring Plan
Enphase Energy, a leading provider of micro inverter systems for solar panels, is implementing a restructuring plan to cut costs and improve efficiency. The plan includes job cuts and the ceasing of operations at manufacturing plants. Despi...
Sentiment and Market Outlook
The article discusses the current sentiment in the market, with a focus on the recent market rally and record territory. It also highlights strong sentiment among global fund managers and an optimistic outlook for the future. Potential risk...