Stocks

Continental AG shares jump 10% as German firm predicts boost from China

by OverviewFX | Jul 4, 2024 | Stocks

Continental AG told analysts that it expects to achieve higher margins in the second quarter of 2024 compared to the first quarter of the year

Factory orders in Germany slide in May

by OverviewFX | Jul 4, 2024 | Stocks

German factory orders tumbled in May, marking the fifth month of a decline from Europe’s industrial powerhouse, according to data released Thursday.

Roche to halt lung-cancer drug trial after disappointing data

by OverviewFX | Jul 4, 2024 | Stocks

Roche Holding said it plans to halt a mid- and late-stage clinical study for a combination of drugs to treat lung cancer after it failed to meet the trial’s primary efficacy goals.

For all the fear of black swans, the stock market is acting roughly the same

by OverviewFX | Jul 4, 2024 | Stocks

“If the modern world is growing ever more complex and more black swans are flying around as a result, it is not apparent in the historical return data,” says one market observer.

Oil prices end higher on light trading volume as supply drops more than expected

by OverviewFX | Jul 3, 2024 | Stocks

Oil prices settled higher Wednesday, on light trading volume ahead of the Independence Day holiday, after official U.S. data revealed a drop of more than 12 million barrels in crude inventories and a weekly rise in implied gasoline demand.