Latest Market News

Sep 28
Vans parent VFC stock falls toward 9-year low after profit, sales warning

Shares of VFC Corp. VFC, -1.87% fell 0.3% toward a nine-year low in premarket trading Wednesday, after the parent of Vans and The North Face apparel brands cut its full-year profit and sales outlook due to lower-than-expected fiscal second-quarter results. The company expects adjusted earnings per share for the quarter that ends September of 70 […]

Sep 28
Japanese Candlesticks Analysis 28.09.2022 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, after forming a Hammer reversal pattern close to the support area, EURUSD may reverse in the form of a new ascending impulse. In this case, the upside correctional target may be at 0.9640. However, an alternative scenario implies that the price may […]

Sep 28
Crypto exchange Bitkub targeted by Thai SEC with wash trading claims

2022 has proven to be a regulatory disaster for Thailand’s largest crypto exchange as it has faced multiple enforcement actions and fines worth hundreds of thousands of dollars. 780 Total views 26 Total shares Thailand’s largest crypto exchange Bitkub has come under regulatory scrutiny from the country’s Securities and Exchange Commission (SEC) over falsifying and […]

Sep 28
Thoma Bravo co-founder Orlando Bravo gives $10 mln to Puerto Rico hurricane victims

Orlando Bravo, a founder and managing partner of software-focused private equity firm Thoma Bravo LP, personally contributed $10 million to the Bravo Family Foundation to aid Hurricane Fiona relief efforts in Puerto Rico, he said in a prepared statement on Wednesday. The money will target communities most affected by the storm including Bravo’s home town […]

Sep 28
Paychex stock bounces more than 3% after profit beat, raised full-year outlook

Shares of Paychex Inc. PAYX, +4.27% jumped 3.2% in premarket trading Wednesday, to bounce off the previous session’s 2 1/2-month closing low, after the human resources outsourcing services company reported fiscal first-quarter profit that beat expectations and raised the full-year outlook, citing “notable strength” in mid-market, retirement and HR solutions businesses. Net income for the […]

Sep 28
Chip stocks and Apple supplier shares fall after report of disappointing iPhone demand

Shares of semiconductor companies and Apple Inc. AAPL, -3.81% suppliers were broadly lower in premarket trading Wednesday, after Bloomberg reported overnight that Apple is dropping plans to boost iPhone production because an expected surge in demand didn’t materialize. The VanEck Semiconductor ETF SMH, -0.29% slumped 1.9%, with all equity components that have traded premarket losing […]