China consumption slows as retail sales and investment data disappoint
Pictured here is a BYD factory producing new energy-powered trucks in Huai’an, China, on February 21, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — China reported data Friday that…
Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat on quarterly results, former Walmart U.S. CEO Bill Simon warns…
Modi’s strongman rule raises questions about India’s ‘democratic decline’ as he seeks a third term
Narendra Modi, India’s prime minister, center, during a campaign rally in Agra, Uttar Pradesh, India, on Thursday, April 25, 2024. Modi doubled down on his attacks against the main opposition…
Dow futures are little changed after blue-chip average touches 40,000 for first time: Live updates
Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters Futures tied to the Dow Jones Industrial Average traded near flat Thursday night, after the…
After Adobe collapse, Figma deal allows employees to sell shares at $12.5 billion valuation
Dylan Field, co-founder and CEO of Figma, speaks at the startup’s Config conference in San Francisco on May 10, 2022. Figma Figma, a cloud-based design tool company, said Thursday it…
Burberry Profits Slide, Shares Still Undervalued
Burberry shares fell after the company announced a fall in profits for the full year. We are reducing our fair value estimate for narrow-moat Burberry to £16.80 from £21 as…
The Fintechs Using Technology To Bolster ESG
At the Morningstar Investment Conference on May 1, two fintech companies were able to showcase their wealth management solutions. Propelle, the female focused investment platform helping to build a community…
BT Soars while EasyJet and Sage Drag FTSE 100 Down
Stock prices in London opened lower on Thursday, ignoring the rally over on Wall Street on Wednesday. BT (BT.A) was the star performer, whilst EasyJet (EZJ) and Sage Group (SGE)…
Shein’s Potential London IPO – Why You Should Care
The City of London has begun to stir with excitement once more as the prospect of Shein, the Chinese fast fashion giant, potentially listing on the London Stock Exchange bolsters…
Going Into Earnings, Is Nvidia Stock a Buy or a Sell?
Nvidia (NVDA) is set to release its first-quarter earnings report on May 22. Here’s Morningstar’s take on what to look for in Nvidia’s earnings and its outlook for Nvidia stock. • Fair…