Latest Market News
Some two billion WhatsApp users were left without service on Oct. 25 as the biggest messaging application worldwide went offline. Meta, the owner of Facebook and WhatsApp, is yet to clarify what led to the outage. Users took to social media platforms like Twitter to share hilarious memes about the outage, with many flocking to […]
Is Forex Trading Halal or Haram? Forex trading can be both halal and haram depending on the intentions and actions of individual investors. Trading with the right strategy and on Islamic account is halal but trading with a regular interest and no system, it is considered gambling and haram. Forex trading halal is exchanging currencies […]
3M Co. MMM, +1.34% shares fell 1.9% in premarket trades on Tuesday after the company fell short of revenue estimates and cut its 2022 profit view on economic headwinds, although it delivered stronger-than-expected quarterly results. 3M’s third-quarter profit more than doubled to $3.86 billion, or $6.77 a share, from $1.43 billion, or $2.45 a share, […]
Shares of Xerox Holdings Corp. XRX, -0.93% sank 6.5% in premarket trading Tuesday, after the copier and other workplace hardware company reported third-quarter profit that was less than half what was expected, citing “persistently high inflation and supply chain constraints, and lowered its full-year outlook. The company swung to a net loss of $383 million, […]
Shares of General Electric Co. GE, +0.74% dropped 3.2% in premarket trading Tuesday, after the industrial conglomerate reported third-quarter profit that fell below expectations while revenue beat, and free cash flow (FCF) that topped $1 billion to beat forecasts by wide margin. The company swung to a net per-share loss of 21 cents, after earnings […]
Polaris Inc. PII, +1.88% said Tuesday its third-quarter net income rose to $186.3 million, or $3.10 a share, from $114.6 million, or $1.84 a share, in the year-ago quarter. Adjusted earnings were $3.25 a share in the latest quarter. Third-quarter revenue increased to $2.34 billion from $1.78 billion. Wall Street analysts expected the Medina, Minn.-based […]