wall street

Footise erodes GBP46bn as global markets tumble on China growth fears; over $3.3tr evaporate in global equities

Latest data showing slowdown in China's manufacturing sector created tremors in the global markets. All the world indices tumbled on panic selling spree. This eroded market valuation of FTSE-100 by GBP46bn and global stocks by $3.3tr.

Salesforce Q2 results meet St forecast; outlook for fiscal up

Encouraging growth in sales volume, Salesforece.com Inc announced second quarter results beating the market forecast. The company also raised outlook for the whole financial year.

Majority of Wall Street investors are not tempted on solar market

Investors on Wall Street are not convinced with the popularity of solar panel technology as solar companies publicly offered in the stock market has been devalued for two weeks.

Twitter needs more followers as user growth lags despite rosy Q2 earnings

Twitter may be growing, but by analysts' standards, it isn't very impressive. Earnings for the second quarter were higher than expected, sending stock up, then down on weak user growth. To increase numbers, Twitter is looking at improving user experience.

Shopify ended the day with 50% raise on its initial price per share during its debut on Thursday

Shopify, which provides e-commerce solutions to small and medium-sized businesses, initially priced between $12 and $14 per share, a gap that is boosted to $14 to $16 per share, before actually selling its equity for $17 apiece.

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The Truth About Tipping: Are There Situations Where It’s Optional?

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Investors Pull Another $51.5 Million from US Spot ETFs

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Is Your Bank Safe? Hundreds of U.S. Lenders Face Potential Failure

Numerous small and regional banks throughout the United States are experiencing significant strain.

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