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3M (NYSE: MMM) stock price traded in a narrow range after fumbling from over $200 level at the end of the first quarter. The company experienced pressure on share price due to a considerable decline in financial numbers. The gloomy global economy and trade war tensions impacted its financial numbers. MMM shares are trading around…
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DHL Express chief executive John Pearson knows the global parcel business he runs is in the right place, but he sits behind his desk in Bonn with a stubborn look of someone who expects things to get better. The unit, owned by Deutsche Post DHL since 2002, posted a robust set of results for the…
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The US commerce department will extend a trade license to US companies to do business with Huawei Technologies. A close source said the extension would last for 14 days.The source said, although the two weeks extension is relatively too short, both parties are making an arraignment to give a much longer break of up to…
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Alibaba (NYSE: BABA) stock price rebounded substantially after experiencing a bearish trend during the past two quarters. BABA shares are currently hovering close to a previous all-time high of $195. The stock price bounce back is supported by several factors such as trade war agreement, financial performance, and the broader market rally. Baba shares rallied…
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Qualcomm (NASDAQ: QCOM) stock price has successfully reversed the majority of losses that it had incurred early this year. QCOM shares are currently trading slightly below from an all-time high of $90. The upside momentum is due to the trader’s confidence in improving market trends for the semiconductor industry. Qualcomm’s stock price is up almost…
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Tesla (NASDAQ: TSLA) stock price obtained much-needed support from its third-quarter results. This is because of its unexpected move towards profitability and strong deliveries in Q3. TSLA shares tumbled significantly this year amid traders’ concerns over profitability and trade war tension. TSLA shares had hit $170 level at the end of the first half of…
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Nvidia (NASDAQ: NVDA) stock price bounced back sharply after experiencing the bearish trend in the first half. The share price momentum is driven by the trader’s confidence in improving market fundamentals for semiconductor companies. Strengthening market position amid 5G is adding to investor’s sentiments. Nvidia stock price is currently trading slightly below from $200 level….
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3M (NYSE: MMM) stock price has been under pressure since the beginning of this year. 3M shares slumped more than 25% from 52-weeks high of $225 a share. The selloff is supported by traders’ concerns over the gloomy global economic outlook and soft financial performance. 3M stock price trades around $160 after hitting 52-weeks low…
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HSCB (NYSE: HSBC) could be eliminating as many as 10,000 jobs to reduce costs. This is according to a recent report released by the Financial Times (FT) on Sunday. This new plan to reduce employees comes in addition to the 4,700 job cuts announced back in August this year. HSBC Announces New Job Cuts HSBC…
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Nike (NYSE: NKE) stock price hit an all-time high after presenting a robust outlook for fiscal 2020. It’s stronger than expected first-quarter results are adding to investors’ sentiments. It is among the top-performing stocks in the Footwear & Accessories industry. Its shares soared 25% year to date to an all-time high of $94. Nike Stock…
